Healthcare Assistive Robot Market to Witness High Growth in near future: Leading Key Players -Cyberdyne, Inc., Ekso Bionics Holdings, Inc., GaitTronics Inc., Hansen Medical, Inc., Hocoma, HONDA Motor Co. Ltd., Interactive Motion Technologies

Global Healthcare Assistive Robot Market is expected to gain significant momentum in the coming years, majorly driven by mounting geriatric population, rising instances of stroke, and enhanced investments in robotic research technology. Surgeons usually deal with enormous challenges while performing surgeries of intricate organs like heart and brain.

Growing worldwide incidence of strokes along with increasing aging population will drive global Healthcare Assistive Robot Market size. Favorable government funding and shortage of trained medical staff to take care of handicapped and elderly people will also stimulate business growth.

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Report Mainly focuses on the top Manufacturers in global market are given bellow

Barrett Technology, LLC., Cyberdyne, Inc., Ekso Bionics Holdings, Inc., GaitTronics Inc., Hansen Medical, Inc., Hocoma, HONDA Motor Co. Ltd., Interactive Motion Technologies, Inc., Kinova Robotics, KUKA Robot Group, ReWalk Robotics Ltd.

For instance, in neurosurgery, drilling a hole in the skull is a delicate task that demands sheer precision. To counter this problem, Eindhoven University of Technology researchers have fabricated a breakthrough surgical robot that can safely create a cavity of the desired dimension and shape with sub-millimeter precision. In the future, healthcare assistive robot market trends will be driven by analogous innovations that simplify burdensome and complex procedures.

Stroke is the third largest cause of death in the U.S., claims StrokeCenter.org, with over 140,000 people dying every year in the region due to stroke. With the growing prevalence of strokes, the robotic cardiac surgery has gained a lot of popularity lately. It offers myriad benefits to patients, and compared to an open-heart surgery it is minimally invasive and less painful. Moreover, the surgery needs minor incisions that allow patients to heal faster and recover quickly.

A classic example of robotic cardiac surgery performed in Ireland is worth mentioning, wherein the surgeons performed robotic coronary artery bypass graft on a patient, with the help of a da Vinci XI robot & surgical system. Amidst this backdrop, it is imperative to state that the rising adoption of robots in an array of medical procedures and surgeries will significantly boost global healthcare assistive robot market growth in the ensuing years.

By Product

• Surveillance &Security
• Humanoid
• Rehabilitation
• Socially Assistive

By Portability

• Fixed base
• Mobile

By Application

• Stroke
• Orthopedics
• Cognitive &Motor Skills
• Sports
• Others

Advancements in robotic technology have enabled the development of accurately modeled robots that can be used in hospitals and home care facilities. Introduction of Intelligent assistive technologies have reduced the caregiver burden by compensating for specific physical and cognitive deficits in geriatric population.

Rehabilitation robot market share was over 40% of the global industry size in 2015, with revenue slated to surpass USD 400 million by 2024. The use of rehabilitation robotics has made it possible to implement efficient training safely, along with reducing the time spent on supervision by the therapist. These products are used as treatment aids and can cater to a huge number of patients under the supervision of a single therapist.

Germany Healthcare Assistive Robot Market size was over USD 18 million in 2015 with high growth estimation in the coming years. This can be attributed to the favorable funding scenario, increasing aging population, and awareness regarding the use of assistive robotics. Development of robot-assisted exercise devices should tremendously improve recovery of stroke patients.

China Healthcare Assistive Robot Market size was pegged at over USD 12 million in 2015, and expected to reach over USD 60 million by 2024. Increasing geriatric population, growing incidence of stroke and shortage of care givers and physiotherapists should boost technology demand in the coming years.

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The above information is provided on a regional and country basis for the following:
• North America (U.S., Canada)
o Europe (UK, Germany, France, Spain, Italy)
o Asia Pacific (Japan, China, South Korea)
o MEA (South Africa)
o Latin America (Mexico, Brazil)

Brazil healthcare assistive robot market was more than USD 6 million in 2015 and will grow faster than the global average owing to favorable government policies and increasing number of players entering the industry. South Africa Healthcare Assistive Robot Market is forecast to grow with over 17.5% CAGR from 2016 to 2024 due to increasing technology adoption and the presence of numerous manufacturers in the region.

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