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Global Telerehabilitation Services Market to Surpass US$ 953.6 Million by 2027, Says Coherent Market Insights (CMI)
May 11, 2021 GMT
SEATTLE--(BUSINESS WIRE)--May 11, 2021--
According to Coherent Market Insights, the global telerehabilitation services market is estimated to be valued at
US$ 953.6 million in
CAGR of
(2020-2027).
Key Trends and Analysis of Global Telerehabilitation Services Market:
Key trends in the market includes low price of physical therapy and telerehabilitation solutions, which is expected to drive the growth of the global telerehabilitation services market over the forecast period. For instance, according to the Journal of Bone and Joint Surgery, in an article published in January 2020, the study of two academic medical centers and two independent private practices carried out in 2017-2018 in North Carolina states that telerehabilitation therapy had lower total post-hospital costs as compared to patients of traditional care. The median total costs were US$ 1,050 for virtual care and US$ 2,805 for traditional care. The cost difference was US$ 2,745 of cost savings in telerehabilitation therapy.