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Telerehabilitation Systems Market to Expand by USD 532.9 Million (2024-2028), Driven by Chronic Disease Rise and AI Influence – Technavio

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NEW YORK, Oct. 16, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global telerehabilitation systems market size is estimated to grow by USD 532.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 20% during the forecast period. Increasing incidence of chronic diseases is driving market growth, with a trend towards advent of advanced technologies. However, complexities in implementation of internet connection poses a challenge. Key market players include BRONTES PROCESSING Sp. Z o.o. Ltd, Cisco Systems Inc., CoRehab srl, DIH Group, Evolv Rehabilitation Technologies SL, GestureTek Health, Hinge Health Inc., Honeywell International Inc., Jitrnonix, KineQuantum SAS, Kineto Tech Rehab SRL, Koninklijke Philips N.V., LiteGait, MindMaze SA, MIRA Rehab Ltd., NeoRehab, Rehametrics, Robert Bosch GmbH, SWORD Health Technologies Inc., and Tyromotion GmbH.

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Telerehabilitation Systems Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 20%

Market growth 2024-2028

USD 532.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.2

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, China, Germany, Canada, and France

Key companies profiled

BRONTES PROCESSING Sp. Z o.o. Ltd, Cisco Systems Inc., CoRehab srl, DIH Group, Evolv Rehabilitation Technologies SL, GestureTek Health, Hinge Health Inc., Honeywell International Inc., Jitrnonix, KineQuantum SAS, Kineto Tech Rehab SRL, Koninklijke Philips N.V., LiteGait, MindMaze SA, MIRA Rehab Ltd., NeoRehab, Rehametrics, Robert Bosch GmbH, SWORD Health Technologies Inc., and Tyromotion GmbH

 

Market Driver

The integration of advanced technologies like machine learning, predictive analytics, blockchain, big data, IoT, augmented reality, and virtual reality in telehealth solutions, including telerehabilitation, is expected to boost their adoption during the forecast period. The healthcare industry’s implementation of Industry 4.0 technologies, such as sensors, IoT, AI, augmented reality, and virtual reality, is driving operational efficiencies and strategic advantages. With the use of Industry 4.0, healthcare companies can effectively monitor patients in real-time and provide treatment remotely. Virtual reality systems in healthcare processes offer connectivity, enabling data collection and generating insights via IIoT. These factors will create significant opportunities for the global telerehabilitation systems market. 

The Telerehabilitation Systems Market is experiencing significant growth due to telemedicine policy reforms and the integration of AI technology. Patients value the convenience and accessibility of remote rehabilitation services, leading to high patient satisfaction. Telehealth policies support the use of software and hardware, including virtual reality, motion sensors, and telecommunication technologies, in orthopedic applications, physical therapy, speech-language therapy, occupational therapy, audiology, and psychology. Rehabilitation specialists can now provide real-time assessment and therapy in homecare settings and healthcare facilities. The aging and geriatric population’s increased need for healthcare access is driving the market forward. However, concerns regarding data infringement and the need for reliable internet and telecommunication networks remain challenges for healthcare providers. Overall, telerehabilitation and e-rehabilitation services offer promising solutions for improving patient outcomes and expanding access to rehabilitation services. 

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 Market Challenges

Telerehabilitation systems offer numerous benefits for healthcare organizations and patients, enabling remote therapy sessions and monitoring. However, a reliable Internet connection is essential for their successful implementation. Rural hospitals, characterized by limited workforce and resources, face challenges in adopting telerehabilitation due to the absence of dependable Internet connections. Internet service providers find it unprofitable to expand into rural areas due to the low number of users and high installation costs. This situation limits telerehabilitation access for rural residents, potentially hindering market growth during the forecast period.The Telerehabilitation market is witnessing significant growth due to the increasing prevalence of disorders such as traumatic brain injury, cerebrovascular accidents, and chronic conditions like osteoarthritis and drug or alcohol addiction. Digital technologies, including smartphones and the internet, have made telerehabilitation more accessible. However, challenges persist in providing clinical therapy, behavioral therapy, neurological therapy, and cognitive rehabilitation for the pediatric population. Healthcare costs and digital health technologies pose obstacles, but remote patient monitoring, tele physiotherapy, and e-visits offer cost-effective solutions. Rehabilitation professionals use software segments like Rehametrics, fitness programs, and telehealth technology for engagement and continuity of care. Telecommunication infrastructure, video conferencing, mobile applications, and wearable devices enhance patient-centric care. Security of health data and insurance coverage are crucial considerations. Artificial Intelligence is revolutionizing telerehabilitation, with solutions like VERA offering personalized treatment plans.

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Segment Overview 

This telerehabilitation systems market report extensively covers market segmentation by

Product 1.1 Hardware1.2 SoftwareType 2.1 Physical therapy2.2 Occupational therapy2.3 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Hardware- The global telerehabilitation systems market is primarily driven by the hardware segment, which includes head-mounted displays (HMDs), sensor motion tracking systems, and haptic devices. HMDs create a parallax effect, enabling the brain to perceive depth. Sensors, integrated with gyroscopes and accelerometers, detect body movement, providing sensory data for software inputs. Hardware demands higher initial investments but offers superior performance. The rising need for advanced rehabilitation platforms for occupational and physical therapy, as well as robot-assisted rehabilitation, fuels hardware segment growth. Vendors provide home and center-based solutions for post-COVID patients with mild to moderate disabilities, requiring frequent monitoring and social distancing. Telerehabilitation’s convenience and safety make it an ideal response in the post-acute COVID phase.

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Research Analysis

Telerehabilitation, also known as e-rehabilitation, refers to the delivery of rehabilitation services using telecommunication networks, particularly the internet. This digital health technology enables medical professionals to provide diagnosis, therapy, and consultation remotely for various rehabilitation needs, including physical therapy, speech-language therapy, occupational therapy, audiology, and more. The telerehabilitation market continues to grow as telecommunication infrastructure advances, enabling remote healthcare services for individuals with chronic conditions and diseases, as well as for the aging and geriatric population. Telehealth services utilize video conferencing, mobile applications, and wearable devices for virtual consultation and remote monitoring. Digital health technologies, such as software and telecommunication technologies, play a crucial role in the delivery of these services. Telerehabilitation applications extend to orthopedic and homecare settings, expanding healthcare access and improving patient outcomes.

Market Research Overview

Telerehabilitation, also known as e-rehabilitation, refers to the delivery of rehabilitation services through telecommunication networks, including the internet. This innovative approach allows medical professionals to provide diagnosis, therapy, and clinical assessment to patients remotely, using digital technologies such as video conferencing, mobile applications, and wearable devices. Therapy modalities include physical therapy, speech-language therapy, occupational therapy, audiology, psychology, and more. Disorders treated range from traumatic brain injury and cerebrovascular accidents to pediatric population, drug and alcohol addiction, osteoarthritis, and chronic conditions. Digital health technologies, including smartphones, internet penetration, and telehealth policies, have driven the growth of this market. Rehabilitation professionals use software and hardware, such as Rehametrics and VERA, to deliver clinical therapy, behavioral therapy, neurological therapy, and cognitive rehabilitation. Telehealth services have become increasingly important for remote patient monitoring, e-visits, and virtual consultation in homecare settings. Telecommunication infrastructure, patient engagement, continuity of care, and patient-centric care are key considerations in the telerehabilitation market. Health data security, insurance coverage, and telemedicine policy reforms are also important factors. Artificial Intelligence (AI) and virtual reality are emerging trends in telerehabilitation, offering new possibilities for patient outcomes and healthcare accessibility. The aging population and geriatric population are major beneficiaries of telerehabilitation, as it enables remote monitoring and virtual consultation in the homecare setting.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductHardwareSoftwareTypePhysical TherapyOccupational TherapyOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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China’s Aima Electric Vehicle’s flagship store in Pakistan has officially opened, advancing clean energy and empowering China-Pakistan cooperation under the Belt and Road Initiative.

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LAHORE, Pakistan, Oct. 17, 2024 /PRNewswire/ — Aima, a leading Chinese electric two-wheeler brand, grandly opened its flagship store in Lahore, Pakistan. Important guests including IRFAN QADIR (CEO SIWA INDUSTRIES & Qadir Group of Companies), Imran Qadir (MD SIWA INDUSTRIES), and some good dealers, along with journalists from multiple mainstream media outlets, attended the opening ceremony.

The opening ceremony also invited well-known local internet opinion leaders such as Bike Mate PK, TALOOT ARTS, and Pak Vloggers. At the ceremony, Aima presented an electric vehicle to Nadeem Arshad, the Pakistani athlete who won the gold medal in the men’s javelin throw at the Paris Olympics, which sparked widespread attention and discussion on local social media.

The opening of this Aima Electric Vehicle flagship store, located at Building No. 596 A Block, Faisal town, Mulana Shaukat Ali Road Lahore, marks a significant step forward in Aima’s global strategy. Over the years, Aima electric vehicles have frequently appeared at top overseas auto shows, and the company has gradually established overseas branches, overseas factories, and plans to establish overseas R&D centers. By actively localizing its operations, conducting in-depth research on local laws, regulations and user habits, and through technological innovation to further improve the technology and safety of its exported products, Aima is steadily and confidently expanding its global market presence.

In recent years, bilateral practical cooperation between China and Pakistan has steadily progressed, and high-quality joint construction of the China-Pakistan Economic Corridor has yielded fruitful results. As a highly flexible new energy carrier, electric two-wheelers have played an increasingly important role in the global development of the clean energy industry. Aima’s successful entry into Pakistan further demonstrates the strength and influence of China’s green technology travel, positively empowering the China-Pakistan Economic Corridor, a flagship project of the Belt and Road Initiative, with green economy.

In the future, as more Aima electric vehicle specialty stores open, Aima is expected to play a more important role in the development of Pakistan’s clean energy industry, driving energy cooperation of the China-Pakistan Economic Corridor deep into the “capillaries” of Pakistani society and people’s livelihood. Under the framework of the Belt and Road Initiative, with green travel as a lever, Aima will help Pakistan grasp more sustainable development opportunities in the field of clean energy. Hand in hand, China and Pakistan are striving for a cleaner and more promising future.

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SOURCE AIMA Technology

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KLEVV LAUNCHES ITS FIRST HIGH-PERFORMANCE STANDARD CU-DIMM AND CSO-DIMM DDR5 MEMORY

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OPTIMIZED FOR SUPERIOR PERFORMANCE WITH INTEL 15TH GEN CORE ULTRA PROCESSORS AND Z890 PLATFORM

HONG KONG, Oct. 17, 2024 /PRNewswire/ — KLEVV, the leading consumer memory and storage brand introduced by Essencore, today announces its first-ever CU-DIMM & CSO-DIMM memory modules, which work seamlessly with the latest Intel® Core™ Ultra (Series 2) “Arrow Lake-S” Processors/ Z890 platform to unleash the true DDR5 performance.

Groundbreaking CKD Technology for Revolutionary Performance

KLEVV’s next-generation DDR5 memory lineup receives a substantial performance boost with the integration of advanced Client Clock Driver (CKD) technology. Incorporated via a small integrated circuit (IC) directly on the DIMM, CKD IC enhances the module’s speed and efficiency for both desktop and laptop applications. By regenerating the memory chips’ clock signal, it improves stability, supports higher operating frequencies, and minimizes electrical interference and signal degradation—pushing the boundaries of memory performance.

High-Efficiency Performance, Precision Engineering and Seamless Compatibility

Designed for both performance desktop and laptop systems, KLEVV’s new Standard CU-DIMM and CSO-DIMM memory modules combine the brand’s renowned quality with cutting-edge DDR5 technology, making them ideal for both casual and professional users. Leveraging the innovative CKD architecture, these modules deliver exceptional stability and reliability, even at high speeds, effectively mitigating electrical interference that could otherwise hinder performance. With this advanced design, users can count on smooth, efficient operation, even under heavy workloads.

Unmatched Synergy with Intel 15th Processors 

Fully compliant with JEDEC specifications, KLEVV’s CU-DIMM and CSO-DIMM modules are crafted with precision to ensure seamless compatibility with Intel’s latest 15th-gen Arrow Lake processors. Available in capacities of 16GB, 24GB, 32GB, and 48GB per DIMM, they feature a remarkable clock speed of 6,400 MT/s and latency timings of CL 52-52-52-103 at 1.1V. These speeds are equal to transferring 10(ten) full-HD movies in just one second, illustrating their astounding speed and efficiency. Users should expect this groundbreaking technology on KLEVV’s future products to pave the way for faster and more efficient computing solutions.

Warranty and Availability

KLEVV’S new Standard CUDIMM and CSODIMM DDR5 memory modules come with a limited lifetime peace of mind warranty and will be available in Q4. KLEVV products are distributed by Integral Memory plc in the United Kingdom/ France/ Spain/ Germany. Consumers may visit Amazon sites for online purchases.

About ESSENCORE

Established in 2014, ESSENCORE Limited strives to become the world’s leading vendor of DRAM modules and NAND flash application products. With a mission to “Change the world and be a leader in semiconductor distribution,” ESSENCORE’s business strategy focuses on adopting the latest technologies to differentiate itself from competitors, delivering specialized memory products, and offering a diverse product portfolio to ensure customers are always competition-ready. 

ABOUT KLEVV

KLEVV, is a premium brand of ESSENCORE, the major Module and NAND Flash application product vendor. The KLEVV range focused on superior gaming memory modules and solid state drives. KLEVV is committed to delivering world-class products with first-rate quality, and all products are engineered for enthusiasts who are pursuing the best things in life. KLEVV memory/SSD have been recognized by Germany’s Red Dot Design Award and iF Design Award for its innovative product designs. For more information, please visit www.klevv.com.

Photo – https://mma.prnewswire.com/media/2532137/Klevv.jpg

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Introducing The Gorilla Fund: Transforming Land Transactions with a Mission for Environmental Stewardship

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AUSTIN, Texas, Oct. 16, 2024 /PRNewswire/ — The Gorilla Fund, a new and innovative land company, is launching with a mission to revolutionize land transactions while actively contributing to environmental preservation. Founded by seasoned entrepreneur and adventurer Paul Emery, The Gorilla Fund aims to make buying and selling land simple, transparent, and meaningful.

Transforming land investment while planting roots for a greener tomorrow – 1,000 trees at a time.

“At The Gorilla Fund, we believe in making the journey of buying and selling land simple, transparent, and meaningful,” says Paul Emery, Founder of The Gorilla Fund. “For every piece of land sold, we plant 1,000 trees, ensuring that our impact reaches far beyond the land itself. Together, we’re building a legacy of trust, sustainability, and positive change, one acre at a time.”

“Buying land should be the simplest process, but it’s simply not,” Emery adds. “Our goal is to change that, and make selling and buying land as easy as switching on a light bulb.”

Leveraging Data and AI to Unlock Value

The Gorilla Fund integrates advanced data analytics and AI to accelerate deal flow and unlock value for clients. By streamlining decision-making, identifying opportunities, and optimizing pricing, the company ensures both buyers and sellers benefit from efficient, data-driven transactions.

With a commitment to sustainability and purpose-driven action, The Gorilla Fund aligns responsible land development with environmental stewardship. Each transaction contributes to a lasting, positive environmental footprint.

Paul Emery brings a rich history of entrepreneurial success and bold ventures to The Gorilla Fund. Based in Austin, Texas, Emery is a father, husband, and adventurer, with achievements including the solo circumnavigation of the globe by motorcycle in under 100 days, solo sailing the Atlantic, and flying with the Royal Air Force.

His business career is equally impressive. As co-founder of Makosi, a company providing scalable talent solutions to global accounting firms, Emery has built a track record of success. Makosi has serviced over 100 clients across North America, Europe, Africa, and APAC and made a significant social impact by putting 10,000 children through school in developing countries.

About The Gorilla Fund

The Gorilla Fund is a purpose-driven land company dedicated to making land transactions simple, transparent, and sustainable. For every acre sold, the company plants 1,000 trees to contribute to reforestation efforts and environmental preservation. The Gorilla Fund combines advanced technology with environmental stewardship, ensuring every deal leaves a positive impact on the planet.

For more information, visit www.thegorillafund.com or contact media@gorillafund.com.

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SOURCE The Gorilla Fund

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