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Rehabilitation Robots Market

Rehabilitation Robots Market Size, Share & Trends Analysis Report

Rehabilitation Robots Market Size, Share & Trends Analysis Report By Type (Therapeutic Robots, Exoskeleton Robots, Assistive Robots, Others), By End-User: (Rehabilitation Centers, Hospitals, Others) Based On Region, And Segment Forecasts, 2022 - 2028

Published
Report ID : BMRC 1111
Number of pages : 300
Published Date : Nov 2022
Category : Medical Device
Delivery Timeline : 48 hrs

Rehabilitation Robots Market is valued at USD 1007.96 Million in2021 and is expected to reach USD 4031.53 Million by 2028 with a CAGR of 21.90% over the forecast period.

Increasing penetration of automated machines in the clinical environment, growing aging population with physical disabilities, rising cost of other healthcare systems, rising incidences of stroke and spinal cord injury (SCI) and continuous progression of new robotic technologies are the major factors driving the growth of the Global Rehabilitation Robots Market.

Scope of Global Rehabilitation Robots Market Report–

Rehabilitation robot is an automatic machine designed to increase movement in persons with impaired physical functioning. Mainly there are two types of rehabilitation robots. The first one is an assistive robot that replaces the lost limb movements and the second type is a therapy robot, which is also known as a rehabilitator. Therapy robots are automated machines for rehabilitation therapists that enable patients to improve their movements aided by the robot. In 1989, a new version of neuro-rehabilitation robotics was established with the development of the MIT-MANUS and was first tested clinically in 1994. The main objective of developing neuro-rehabilitation robot is to improve outcome of function after damage to the central nervous system (CNS) through intensive physical therapy. Rehabilitation robot used for supporting upper limb recovery for stroke survivors.

Global Rehabilitation Robots Market is segmented on the basis of type, end-user and by region & country level. Based on type, the market is segmented into therapeutic robots, exoskeleton robots and assistive robots. Based on end-user, the market is segmented into rehabilitation centers, hospitals and others.

Global Rehabilitation Robots Market Segmentation:-

By Type:

  • Therapeutic Robots
  • Exoskeleton Robots
  • Assistive Robots
  • Others

By End-User:

  • Rehabilitation Centers
  • Hospitals
  • Others

 The regions covered in this rehabilitation robots market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of rehabilitation robots market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Rehabilitation Robots Companies:

Key players of the Rehabilitation Robots market are,

  • Ekso Bionics
  • Hocoma
  • AlterG, Inc.
  • Bionik Labs
  • Instead Technologies Ltd.
  • Motus Nova
  • Kinova Inc.
  • Meditouch
  • Wearable Robotics Srl 
  • ReWalk Robotics
  • Others

Global Rehabilitation Robots Market Dynamics-

The growth of the rehabilitation robots market is primarily driven by the key factors such as increasing penetration of automated machines in the clinical environment, growing aging population with physical disabilities and rising incidences of stroke and spinal cord injury (SCI). In addition, increasing cost of other healthcare systems and continuous progression of new robotic technologies are also fostering the market growth. For example; Stroke and spinal cord injury (SCI) are one of the leading causes of adult’s physical disability with nearly 10 million people having a stroke and more than 250,000 surviving a spinal cord injury every year. New innovations in neuroscience have made significant advance in the development of rehabilitation robots by enabling the insertion of computer chips directly into the brain. Furthermore, new discoveries related to healthcare robots are gaining huge popularity that can help in better limb movement. However, high cost of rehabilitation robots with limited functionality may act as a major barrier in the growth of this market.

North America is expected to dominate the Rehabilitation Robots Market

North America is expected to dominate the global rehabilitation robots market due to the increasing cases of stroke especially in the U.S., early adoption of automated technologies and high aging population rate in this region. By considering these scenarios, they would need more rehabilitation robots in response to drive passive movement of body. For example; the proportion of the population aged over 65 years in the United States was predicted to be increased from 12.4% in 2000 to 19.5% by the end of 2030. Stroke affects nearly 800,000 people per year in the United States. Asia pacific is estimated to be the fastest growing region in the global rehabilitation robots market. The regional growth is primarily influenced by growing number of advanced robotic therapy integrated centers to support the increasing need of patients as well as people are increasingly affected due to limb dyskinesia in china for instance, in China is among the highest stroke rate leading country in the world, there are approximately 15 million disabled people with lower limb motor dysfunctions.

Regional & Country Analysis

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA
Report Analysis Details
Historical data 2016 - 2021
Forecast Period 2022 - 2029
Market Size in 2021:

USD 1007.96 Million

Base year considered 2021
Forecast Period CAGR %:

21.90% 

Market Size Expected in 2028:

USD 4031.53 Million

Tables, Charts & Figures: 175
Pages 200
Key Players/Companies

Ekso Bionics, Hocoma, AlterG, Inc., Bionik Labs, Instead Technologies Ltd., Motus Nova, Kinova Inc., Meditouch, Wearable Robotics Srl, ReWalk Robotics, Others

Segments Covered

By Type, By End-User

Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits for Global Rehabilitation Robotics Market Report:-

  • Global Rehabilitation Robotics Market report covers in depth historical and forecast analysis.
  • Global Rehabilitation Robotics Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global Rehabilitation Robotics Market report helps to identify opportunities in market place.
  • Global Rehabilitation Robotics Market report covers an extensive analysis of emerging trends and the competitive landscape.

Frequently Asked Questions (FAQ) :

Rehabilitation Robots Market is valued at USD 1007.96 Million in 2021 and is expected to reach USD 4031.53 Million by 2028 with a CAGR of 21.90% over the forecast period.
Increasing penetration of automated machines in the clinical environment, growing aging population with physical disabilities, rising cost of other healthcare systems, rising incidences of stroke and spinal cord injury (SCI) and continuous progression of new robotic technologies are the major factors driving the growth of the Global Rehabilitation Robots Market.
Ekso Bionics, Hocoma, AlterG, Inc., Bionik Labs, Instead Technologies Ltd., Motus Nova, Kinova Inc., Meditouch, Wearable Robotics Srl, ReWalk Robotics, Others
North America is expected to dominate the Rehabilitation Robots Market
 
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Type:

  • Therapeutic Robots
  • Exoskeleton Robots
  • Assistive Robots
  • Others

By End-User:

  • Rehabilitation Centers
  • Hospitals
  • Others
Country
Regions and Country

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherlands
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA
Company
Key Players
  • Ekso Bionics
  • Hocoma
  • AlterG, Inc.
  • Bionik Labs
  • Instead Technologies Ltd.
  • Motus Nova
  • Kinova Inc.
  • Meditouch
  • Wearable Robotics Srl
  • ReWalk Robotics
  • Others

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