Virtual Rehabilitation Market Set for Prosperity in Future

The global virtual rehabilitation market is projected to reach $2,312.3 million by 2030 from $325.6 million in 2021, at a CAGR of 24.3% during 2021−2030. The expansion of the industry is mainly credited to the growth in the disability prevalence and rise in the usage of virtual reality in treating patients.

VR technologies are evolving to be more economical and accessible, and, as a result, their usage for rehabilitation is growing. Key companies offering virtual rehabilitation solutions include CoRehab srl, Neuro Rehab VR, Virtualware Group, Geaturetek Inc., Motek Medical B.V., Bridgeway Senior Healthcare, MIRA Rehab Limited, SWORD Health Inc., Hinge Health Inc., and Brontes Processing.

In 2017, there were about 2 million non-Google VR devices operational, and a staggering 37 million devices were in use at the end of 2020. The industry is still in its initial stages, and more than 135 million such devices are expected to be in use by 2025, which hints at a vast virtual rehabilitation market growth potential.

VR is increasingly being used in physical therapy as it allows patients to perform a variety of exercises, from general orthopedic ones to specialized ones for recovering from injury. These exercises can be customized to certain age groups, such as for assisting older patients in preserving their agility and toddlers in developing motor skills.