Rehabilitation Robots Market Global Outlook 2021-2026: Bionik Laboratories Corporation, Cyberdyne Inc., Ekso Bionics Holdings Inc., ReWalk Robotics Ltd

The Global Rehabilitation Robots Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

The Rehabilitation Robots market is expected to register a CAGR of 26.12% over the forecast period (2021 - 2026).

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Key Market Players:

Bionik Laboratories Corporation, Cyberdyne Inc., Ekso Bionics Holdings Inc., ReWalk Robotics Ltd, Hocoma AG (DIH International Ltd.), Rehab-Robotics Company Limited, Kinova Inc., Rex Bionics Ltd and Other

Industry News and Updates:

- January 2019 - Bionik Laboratories Corporation launched InMotion ARM/HAND robotic system for clinical rehabilitation of stroke survivors and for people with mobility impairments due to neurological conditions. The improved robotic system is developed as per the principals of motor learning and neuro-plasticity and utilizes artificial intelligence and data analysis to offer individualized therapy to patients.

Key Market Trends

Exoskeleton Robots are Expected to Hold the Major Share

- Exoskeletons are designed to accelerate human strength and other abilities for medical purposes. An increasing number of patients with body movements disorders such as Parkinsons disease, strokes, etc. are the prime factors accelerating the exoskeleton demand as these diseases limit voluntary body movements and create problems in daily routine activities.
- Robotic exoskeletons are emerging as a rehabilitation tool to improve various health-related consequences after spinal cord injury. For instance, ReWalk is the first exoskeleton that recieved FDA clearance for rehabilitation use in the United States. This robotic exoskeleton enables individuals with spinal cord injury to stand upright, walk, turn, and climb.
- Moreover, with the ongoing technological advancements to ensure therapists have access to better tools to deliver superior patient care are anticipated to drive the demand of the market. For instance, in 2019, Ekso Bionics launched EksoNR, a robotic exoskeleton for neurorehabilitation purposes. EksoNR empowers patients recovering from a stroke or other conditions to walk again with a natural gait. It is equipped with EksoView, a touchscreen controller that lets therapists adapt assistance to challenge patients by using real-time feedback and perform outcome measures during use.

Asia-Pacific is Expected to Experience Rapid Growth

- The aging societies of the Asia-Pacific, such as Japan and China, are driving growth in the medical technology sector, thus, creating a huge market for rehabilitation robots in the region. According to the Ministry of Internal Affairs and Communications (Japan), in 2017, around 35.2 million inhabitants were aged 65 or older. This number was projected to grow to 36.2 million in 2020. This is encouraging companies to invest in products for the elderly in the region.
- Stroke is one of the leading causes of adult disabilities in China. This, in turn, has resulted in a rising awareness concerning robot-assisted treatments, driving investments in this technology. In 2018, Avicrobot (a subsidiary of the Aviation Industry Corporation of China) developed a lower-limb rehabilitative robot. The company also collaborated with Xijing Hospital (China) to develop the robot. They cooperatively launched a rehabilitative robot research center to provide data support for such robots.
- Similarly, other countries in the region are also adopting robotic devices to provide better treatment for the patients. For instance, in 2018, New Life Rehab Hospital (India) adopted robotic rehabilitation for Neuro, Ortho and Geriatric patients. They are using robotic devices that are attached to the patient to help them move their limbs in a natural manner.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Rehabilitation Robots market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Rehabilitation Robots market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Rehabilitation Robots market.

Market Segments: This part of the report discusses product type and application segments of the global Rehabilitation Robots market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Rehabilitation Robots used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Finally, the Rehabilitation Robots Market report is a believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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