Healthcare assistive robot market Global Industry Trends, Share, Size and Forecast Report By 2024
Sports, orthopedics, stroke, and cognitive & motor skills are the prominent application segments of healthcare assistive robot market. Stroke applications generated a revenue of more than USD 70 million in 2015 and is anticipated to surpass a revenue collection of USD 355 million by 2024. The revenue projection can be attributed to the increasing aging population, rising prevalence of neurological disorders, and technological enhancement in rehabilitation robotics.
The ever-growing geriatric population across the globe is one of the key drivers influencing the growth of healthcare assistive robot market. Rising medical care demands from the physically disabled patient base is another pivotal factor favoring the healthcare assistive robot industry trends. In recent times, technological innovations have resulted in the introduction of accurately featured assistive robots that can be customized suitably in accordance with the patient requirements.
Taking into account the portability criteria, mobile operated healthcare assistive robot market is expected to show a whooping growth curve in the years ahead, at a lucrative annual rate of 19.5% over the period of 2016-2024. These robots are programmed to perform specific tasks and are easily controlled by remotes. They are often integrated with many devices, including smartphones, PCs, and tablets.
Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1114
Based on the product, healthcare assistive robot industry is mainly divided into socially assistive, rehabilitation, humanoid, and surveillance & security. Surveillance & security product segment was worth USD 39 million in 2015 and will register a CAGR of 18.2% over the coming years of 2016 to 2024, owing to the surging requirement of skilled caretakers and homecare services for the aging generation.
Rehabilitation accounted for over 42% of the global revenue share in the product landscape of healthcare assistive robot industry in 2015 and is predicted to witness an annual growth rate of more than 19% over the coming seven years. Driven by the ongoing research activities and technological developments pertaining to the robotics sector, healthcare assistive robots market from rehabilitation will witness a remarkable surge. These robots are mainly used to assist the stroke patients, the number of which is rising significantly across the globe.
Considering the regional landscape, Japan healthcare assistive robot market will surpass a revenue generation of USD 97 million by 2024 with an annual growth rate of more than 22% over the period of 2016 to 2024. Promising government support and initiations to innovate new artificial intelligence technologies along with favorable regulation norms enforced by prominent governmental organization such as the Robot Revolution Realization Council will favor the regional growth.
U.S. healthcare assistive robot market accounted for over 85% of the North America revenue share in 2015 and will collect a revenue of more than USD 310 million by 2024. The attributing factors toward the market growth are surging implementation of technically enhanced equipment, supportive governmental plans, and the ever-growing geriatric population base.
Browse Report Summary @ https://www.gminsights.com/industry-analysis/healthcare-assistive-robot-market
China healthcare assistive robot industry size has collected a revenue of USD 12 million in 2015 and is anticipated to generate a revenue of more than USD 60 million by 2024, primarily driven by the increasing adoption of instrument based services, in addition to the lack of skilled physiotherapists and caretakers. The aging population pool requiring healthcare assistive robots as personal caretakers across this region is on a rapid high, which is anticipated to push industry size noticeably over the years ahead.
Germany healthcare assistive robot market acquired more than 28% of the regional industry share in 2015 and will create notable growth avenue over the coming seven years, owing to the growing investment in research activities. In addition to this, many of the reputed companies have established their R&D base in Germany to develop robot-assisted technologies, which will favorably influence product demand.
More Insightful Info@
Healthcare assistive robot market: https://www.marketwatch.com/press-release/12-bn-by-2024-healthcare-assistive-robot-market-to-depict-a-notable-upsurge-2019-04-18
HONDA Motor, Cyberdyne Inc., KUKA Robot Group, Hansen Medical, Bionik Laboratories Corp., Hocoma, Ekso Bionics, ReWalk Robotics, Inc., GaitTronics, and Kinova Robotics are the noteworthy players in healthcare assistive robot market.
Hearing Amplifiers Market: https://www.marketwatch.com/press-release/with-67-cagr-hearing-amplifiers-market-to-touch-usd-84-million-by-2023-2018-09-26
HLA Typing for Transplant Market: https://www.marketwatch.com/press-release/800-mn-by-2025-hla-typing-for-transplant-market-set-for-massive-growth-2019-07-11
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Healthcare assistive robot market Global Industry Trends, Share, Size and Forecast Report By 2024 here
News-ID: 1931413 • Views: 144
More Releases from Global Market Insights Inc.
What's driving the Styrene Butadiene Latex Market growth? | By Players: BASF SE, …
Driven by extensive adoption in diverse industries, such as paper, adhesive, and sealants, paints and coatings, rubber, etc., styrene butadiene latex market has witnessed a widespread commercialization portfolio over the recent years. Rapid expansion of the education sector on a global scale is one of the chief factors propelling styrene butadiene latex industry demand. Also, growing construction industry and expanding urbanization are likely to carve a lucrative growth path for
What's driving the Pigments Market share? | Trends by Key Players: Merck Group, …
The global pigments market will be witnessing promising growth on account of rising demand from the construction and printing ink industry. Paint and coating industry is a major contributor to the global construction sector which is proliferating on account of increasing urbanization and industrialization lately. Request for a sample of this research report @ http://decresearch.com/request-sample/detail/742 Companies covered: BASF SE, Merck Group, Ferro Corporation, Lanxess AG, Pidilite Industries Ltd., Clariant AG, DIC Corporation,
What's driving the Coil Coatings Market Growth? | by Top Key Participant BASF SE …
Coil coating is a continuous, sophisticated and highly-automated industrial process used for coating metal coils. Pre-painted metal is virtually everywhere, on roads, bridges, pipes, industrial machinery, and countless other products. Global coil coatings market outlook will be propelled by extensive application in automotive, construction and electrical appliances over the coming years. Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/839 Robust growth of automotive and construction sectors particularly in emerging economies
What's driving the Nitrocellulose Market size? | 2019-2025 Key Players: Nitro Qu …
Rising use of nitrocellulose across multiple industrial formulations will drive nitrocellulose market share over the forecast timeframe. The product is known to dissolve easily in several organic solvents and provides a tough, flexible film that is best used for an effective surface finish, enhancing the use of the product in auto paints and wood coating applications. Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/386 The government has laid down a
More Releases for Robot
Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Humanoid Robot Market 2017 Research & Development
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more information about this report at http://www.reportsweb.com/2012-2022-report-on-global-humanoid-robot-market-competition-status-and-forecast-market-size-by-players-regions-type-application Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Kawada (Japan) (HRP-4) Honda (Japan)
Europe Cleaning Robot Market Report 2016
This report studies sales (consumption) of Cleaning Robot in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Dyson Ltd. Ecovacs Robotics, Inc. Infinuvo iRobot Corporation Koninklijke Philips N.V. LG Electronics, Inc. Neato Robotics, Inc. Samsung Electronics Co., Ltd. Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue,
Robot Technology in the Ascendant
Multi Talent PARO® Juggles with Balls At the shared booth of the Ministry of Economic Affairs and Energy of the State of North Rhine-Westphalia, the PARO® palletising robot demonstrated its skills and flexibility when handling unusual package types: In addition to boxes, also balls were palletised in Hannover this year. The PARO® robot, originally designed for palletising processes at the end of production lines, placed balls onto an air stream at the