U.S. Physical Therapy Virtual and Telerehabilitation Services Market Growth Accelerated by increased access and adoption during Covid-19 pandemic

 

Physical therapy services are provided by licensed physical therapists to treat conditions leading to impaired mobility and pain. Such services help patients regain movements, improve strength and manage pain through exercises and other therapeutic techniques. The onset of Covid-19 pandemic significantly boosted the demand for virtual and telerehabilitation physical therapy services in the U.S. as they ensured continuity of care while maintaining social distancing. The virtual services allowed therapists to evaluate, treat and monitor patients remotely using digital platforms and connected medical devices. The U.S. Physical Therapy Virtual And Telerehabilitation Services Market Size is estimated to be valued at US$ 209.55 Bn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The rising adoption of virtual and telerehabilitation services during the pandemic has boosted their long term acceptance among therapists as well as patients in the U.S. Physical therapy industry. Continuous connectivity via virtual platforms has helped therapists efficiently manage large caseloads while catering to the individual needs of patients. This ongoing trend is expected to drive higher investments in remote monitoring technologies, video conferencing solutions and other digital tools for physical therapy. Wider insurance coverage and favorable regulations supporting virtual care delivery would further accelerate the transition to virtual and telerehabilitation models in the coming years.

Segment Analysis
The U.S. Physical Therapy Virtual and Telerehabilitation Services market is dominated by applications of telerehabilitation in physical therapy. Telerehabilitation has surpassed traditional in-clinic physical therapy treatments due to increased convenience, lower costs and flexible timings. Home healthcare services have seen drastic growth due to the ongoing pandemic. The demand for virtual and remote physical therapy monitoring and consultations has risen significantly.

Key Takeaways
The U.S. Physical Therapy Virtual and Telerehabilitation Services market is expected to witness high growth.

Regional analysis: The Northeast region of the United States currently holds the largest share of the market due to higher awareness levels and rapid technology adoption. The prevalence of chronic diseases is also higher. The region is expected to remain dominant during the forecast period.

Key players The key players operating in the U.S. Physical Therapy Virtual and Telerehabilitation Services market are Inogen Inc., Invacare Corporation, OxygenToGo, LLC, Koninklijke Philips N.V., ResMed Inc., Drive DeVilbiss Healthcare LLC, Precision Medical, Inc., Besco Medical Co. Ltd., O2 Concepts, LLC, and GCE Group. These players are focusing on new product launches and strategic collaborations to gain market share.

Get More Insights Here: https://www.newswirestats.com/u-s-physical-therapy-virtual-and-telerehabilitation-services-market-size-share-and-growth-forecast-2023-2030/