As the world recovers from the effects of the pandemic, Americans continue to battle a less visible epidemic that is quietly unfolding—an uptick in mental health conditions. In recent years, if the world has taught us anything, it’s that unprecedented times call for unprecedented solutions, and teletherapy service for mental health treatment is one such example.
According to a report by grandviewresearch.com, the global medical rehabilitation services market size was valued at $144.6 billion in 2021 and is projected to grow at a CAGR of 6.1 percent between 2022 – 2030. A WHO report revealed that 280 million people suffered from depression globally in 2021, which is a key factor in the growing need for effective therapy services.
The emergence of teletherapy services has expanded the reach of providers, providing patients access to quality healthcare services in underserved locations. It also improves access for patients with mobility deficits that can make traveling to in-person visits onerous. With teletherapy patient satisfaction levels being similar to that of in-person visits, forward-thinking clinics have seized upon the opportunity and made the shift to remote services or, in some cases, even a hybrid model.
This edition of Healthcare Business Review delivers a bird’s-eye view of the recent developments in the healthcare therapy arena and insights into how organizations are aligning with these trends and adopting new ways to shape the future of healthcare services.
We have curated thought leadership articles from industry experts, including the Senior Pharmacy Director at American Oncology Network and the Medical Director of Orange County and Coastal Region Radiation Oncology at City of Hope.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative healthcare therapy services. Equipped with innovative technological capabilities, companies like The New Hope MHCS help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review’s healthcare therapy service providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
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