Rising Number of Geriatrics Boosting Growth in Home Rehabilitation Products and Services

Published By : 01 Mar 2016 | Published By : QYRESEARCH

The global home rehabilitation products and services market is poised to exhibit a healthy growth rate over the next few years, driven by several factors such as the rise in consumer base, the increased prevalence of chronic diseases, a rapidly rising patient pool, the shift in demographics, and the surge in disposable income especially in emerging economies.

Technological Innovations Rise as Trend of Home Rehabilitation Gains Momentum

The success of home rehabilitation products and services has been recognized by an increasing number of players within the market and they have started emphasizing on the development of different gadgets and equipment that will benefit those patients who choose to undergo rehabilitation at home. Last month, a team of scientists at the Imperial College of London and the University of Southampton announced that it will be developing a wearable technology to help stroke victims recover. The lead researcher on this project, Jane Burridge explained that the inspiration for the innovation is the fact that thanks to the speedy discharge of patients from hospitals, the rehabilitation of stroke has become essentially home based. Burridge added that encouraging home rehabilitation leads to an increased level of independence among the stroke patients and can also help prevent several health issues that come with longer hospital stays. 

MMG microphone-like sensors and inertial measurement units are used in the wearable sleeve, which works with an app. These sensors help detect muscle vibrations and generate the necessary information. This data is transferred onto a handheld smart device.

North America Leader in Home Rehabilitation Products and Services

The main regional segments of the global home rehabilitation products and services market are Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. North America is the dominant regional market and is propelled by the rising costs of hospital stay, the increasing incidence in respiratory ailments, the growing number of surgical procedures, the surge in the prevalence of chronic diseases, the access to high quality healthcare, and the increasing number of geriatrics.

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