Press release
Healthcare Assistive Robot Market Trends and Developments | Key Players like: Barrett Technology, Cyberdyne, Ekso Bionics Holdings, GaitTronics, Hansen Medical, Hocoma, HONDA Motor Co. Ltd., Interactive Motion Technologies, Kinova Robotics
A comprehensive research study on Healthcare Assistive Robot Market added by Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Healthcare Assistive Robot Market in terms of the demand landscape, driving factors and growth strategies adopted by market players.Healthcare Assistive Robot Market will exceed USD 1.2 billion by 2024; as per a new research report. Rapidly growing geriatric population coupled with increasing incidences of chronic disorders in population will drive the healthcare assistive robots market growth over the forecast time period. As per United Nations 2017 report, there are an estimated 962 million people aged 60 or over in the world. In addition, increasing demand for elder-care services including healthcare assistive robots that can assist in care and support of the elder and disabled populations will augment business growth in upcoming years.
Request a sample of this premium report titled Healthcare Assistive Robot Market at https://www.marketstudyreport.com/request-a-sample/467886?utm_source=openpr.com&utm_medium=Ram
Some of the prominent market players operating in healthcare assistive robot market include Barrett Technology, Cyberdyne, Ekso Bionics Holdings, GaitTronics, Hansen Medical, Hocoma, HONDA Motor Co. Ltd., Interactive Motion Technologies, Kinova Robotics, KUKA Robot Group and ReWalk Robotics Industry competitors are mainly focusing on inorganic strategies such as partnership, merger and acquisitions. Additionally, it also strengthens their foothold in the healthcare assistive robot market and capture market share.
Rising funding for research on robotics technology is also a contributing factor for healthcare assistive robot market growth. For instance, the National Institutes of Health (NIH) is focusing on the advanced research in the field of robotic technology development to enhance health and reduce disability by announcing funding for the same. The aim of this funding is to encourage the transformation of rehabilitation robotic technology to support health care providers and individuals in need of rehabilitation that will foster healthcare assistive robot business growth in forthcoming years.
Rehabilitation robot segment was valued at USD 152.3 million in 2017 and is expected to grow significantly over the forecast time period owing to technological advancements. For instance, Panasonic?s RoboticBed transforms itself from a bed to a robotic wheelchair and releases the bed-ridden aged people from dependence on caregivers for localized movement. Such rising innovative technologies will help in expanding healthcare assistive robot industry growth over the coming years.
Mobile robot segment will witness 19.8% CAGR by 2024 due to increasing awareness in population regarding innovative mobile robots. Mobile robots are generally controlled by sensors and software to identify their surroundings. Mobile robots comprise of emerging technologies such as artificial intelligence with physical robotics that allows them to navigate their surroundings and helps in assistance of geriatric population. In addition, growing adoption of these healthcare assistive robots will help in growth of the market over the coming years.
Cognitive & motor skills segment accounted for 24.3% revenue share in 2017 owing to increasing prevalence of neurological disorders across the globe.
Some of the neurological disorders including parkinson's disease (PD) cause cognitive impairment and motor dysfunctioning. As per NCBI 2017 report, PD affects 1-2 per 1000 of the global population. PD prevalence is increasing with age and it affects 1% of the population above 60 years. In such cases for improving patient cognitive ability the healthcare assistive robots are very useful.
U.S. healthcare assistive robot market will grow at 19.1% CAGR by 2024 owing to increasing healthcare expenditure in country. For instance, as per World Bank Data 2015, the healthcare expenditure in country was 16.8%, comparatively higher than other countries. Such rising healthcare expenditure ultimately increases people preference towards advance technologies including healthcare assistive robots thereby boosting healthcare assistive robot industry growth in upcoming years.
China healthcare assistive robot market was valued at USD 19.6 million in 2017 and is estimated to experience considerable growth over the coming years. The growth is attributed to increasing various government initiatives for collection of funding for robot related research in country thereby, fostering healthcare assistive robot market growth.
Request a discount on standard prices of this premium report titled Healthcare Assistive Robot Market at https://www.marketstudyreport.com/check-for-discount/467886?utm_source=openpr.com&utm_medium=Ram
Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Healthcare assistive robot industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Portability trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Healthcare Assistive Robot Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rapidly growing geriatric population
3.3.1.2. Growing incidence of stroke worldwide
3.3.1.3. Increasing funding for research on robotics technology
3.3.2. Industry pitfalls & challenges
3.3.2.1. Functional limitations and high costs to restrict the assistive robots market
3.3.2.2. Dearth of skilled healthcare professionals in developing economies
3.3.2.3. Social stigma
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By portability
3.4.3. By application
3.5. Regulatory landscape
3.6. Porter's analysis
3.7. Competitive landscape, 2017
3.7.1. Strategy dashboard
3.8. PESTEL analysis
Chapter 4. Healthcare Assistive Robot Market, By Product
4.1. Key segment trends
4.2. Surveillance & Security Robot
4.2.1. Market size, by region, 2013 - 2024 (USD Mn)
4.3. Humanoid Robots
4.3.1. Market size, by region, 2013 - 2024 (USD Mn)
4.4. Rehabilitation Robots
4.4.1. Market size, by region, 2013 - 2024 (USD Mn)
4.5. Socially Assistive Robots
4.5.1. Market size, by region, 2013 - 2024 (USD Mn)
Chapter 5. Healthcare Assistive Robot Market, By Portability
5.1. Key segment trends
5.2. Fixed Base
5.2.1. Market size, by region, 2013 - 2024 (USD Mn)
5.3. Mobile
5.3.1. Market size, by region, 2013 - 2024 (USD Mn)
Chapter 6. Healthcare Assistive Robot Market, By Application
Chapter 7. Healthcare Assistive Robot Market, By Region
Chapter 8. Company Profiles
Questions? Get them answered via https://www.marketstudyreport.com/enquiry-before-buying/467886?utm_source=openpr.com&utm_medium=Ram
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Trends and Developments | Key Players like: Barrett Technology, Cyberdyne, Ekso Bionics Holdings, GaitTronics, Hansen Medical, Hocoma, HONDA Motor Co. Ltd., Interactive Motion Technologies, Kinova Robotics here
News-ID: 2039717 • Views: …
More Releases from Market Study Report LLC
COVID-19 Detection Kits Market Size o witness substantial growth during 2020-202 …
The research report on ‘COVID-19 Detection Kits market’ scrutinizes the current industry scenario to predict market size, market share, and projects valuation for different segmentations of the industry over 2020-2026. It provides business intelligence regarding various factors driving the industry growth in consort with discussing the challenges faced by the industry, and the approaches followed by market players to counter their impact. COVID-19 Detection Kits Market size to grow with…

What's driving the Small Satellite Market trends? Raytheon, Lockheed Martin, Nor …
Market Study Report LLC adds new research on Small Satellite market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Small Satellite market also includes an in-depth study of the industry competitive scenario.
The global Small Satellite market is valued at 1340 million US$ in 2018…

What's driving the Antibiotics Market trends? Sanofi, Novartis AG, Pfizer Inc., …
Market Study Report LLC has added a new report on Antibiotics market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Antibiotics market in tandem with its competitive terrain.
The antibiotics was valued at US$ 43,348.38 million in 2019 and is…

What's driving the Electrical House (E-House) Market trends? Schneider Electric, …
Market Study Report LLC has added a new report on Electrical House (E-House) market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Electrical House (E-House) market in tandem with its competitive terrain.
Electrical House (E-House), also called Power House, is…
More Releases for Robot
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…