Europe Telerehabilitation Skilled Nursing Care Center Market Poised to Expand Substantially Owing to Rising Focus on Digital Healthcare Transformation
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Europe Telerehabilitation Skilled Nursing Care Center Market |
Telerehabilitation
is becoming increasingly vital in Europe's healthcare systems due to its
advantages of improving accessibility and reducing costs. Telerehabilitation
utilizes digital technologies to deliver rehabilitation services remotely,
enabling patients to receive care in their own homes. This reduces
transportation difficulties and allows for customized, ongoing therapy beyond
hospital or clinic settings. Physiotherapists can monitor patients' recovery
progress, make treatment adjustments, and provide consultations virtually. The
need for telerehabilitation is growing across Europe as the population ages and
chronic conditions rise. With its convenience and cost-effectiveness,
telerehabilitation helps alleviate pressures on hospitals and long-term care
facilities.
The Europe
Telerehabilitation Skilled Nursing Care Center Market Demand is
estimated to be valued at US$ 17.94 Bn in 2024 and is expected to exhibit a
CAGR of 8.1% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the Europe Telerehabilitation Skilled Nursing Care
Center market are Wockhardt, SEDICO, Exir, Julphar, Biocon, Eli Lilly, Sanofi
Aventis, and Novo Nordisk AS. These companies are focusing on developing
advanced telerehabilitation solutions and establishing partnerships with
healthcare providers to expand access across the region.
There is substantial scope for telerehabilitation services in post-acute and
long-term care. Adopting telerehabilitation can help skilled nursing facilities
enhance service quality, clinical outcomes, and staff efficiency. It also
allows seniors to receive therapy and consultations from the comfort of their
homes for improved quality of life.
Countries across Europe are increasingly supporting investments and programs
boosting digital transformation of their healthcare infrastructures. This
augers well for the growth of telerehabilitation as governments aim to provide
high-quality, accessible, and affordable care. Established players are actively
exploring overseas markets and forging international collaborations to strengthen
their presence across Europe.
Key drivers:
- Rising geriatric population and prevalence of chronic diseases driving demand
for telehealth and remote patient monitoring solutions.
- Growing focus on reducing healthcare costs and wait times encouraging uptake
of digital health technologies.
- Increasing government initiatives and funding to modernize healthcare
infrastructure and expand telehealth adoption.
Key restraints:
- Lack of reimbursement and inadequate payment models limiting widespread commercialization
of telerehabilitation services.
- Absence of standardized regulations and data privacy laws raising security
and safety concerns among patients and physicians.
- Limited internet connectivity and technology adoption in rural areas hindering
access.
Segment Analysis
The Europe telerehabilitation skilled nursing care center market is segmented
based on application and modality. Within applications, stroke leads the
market. Stroke patients require long term care and rehabilitation. Telerehabilitation
allows continuous monitoring and therapy of stroke patients reducing burden on
caretakers. Among modalities, virtual reality segment holds major share due to
advantages of virtual reality in engaging patients, tracking progress, and
aiding recovery. Virtual rehabilitation games and tools keep patients motivated
during recovery.
Global Analysis
Regional analysis : Western Europe dominatesEurope telerehabilitation skilled
nursing care center market owing to high healthcare expenditure and widespread
adoption of advanced technologies. Countries like Germany, UK, France have high
number of skilled nursing care centers implementing telerehabilitation. On
other hand, Eastern Europe is fastest growing region due to increasing
initiatives to provide quality long term care through telehealth. Governments
are promoting digital healthcare to reach rural areas.
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more insights on this topic: Europe
Telerehabilitation Skilled Nursing Care Center Market
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