Press release
Rehabilitation Robots Market 2022: Global Analysis of Key Manufacturers, Dynamics & Forecast 2027
The Rehabilitation Robots Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Rehabilitation Robots market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Rehabilitation Robots market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Rehabilitation Robots market.The Rehabilitation Robots market is expected to register a CAGR of 26.12% over the forecast period (2021 - 2026).
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Top Leading Companies of Rehabilitation Robots Market are - Bio-nik 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 others.
Industry News and Updates:
- January 2019 - Bio-nik 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 Parkinson’s 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.
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.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Rehabilitation Robots Market Size & Analysis (2017 - 2027)
- Market Share Analysis of Rehabilitation Robots Market (%),2017 - 2027
- Rehabilitation Robots Market Share, By Brand
- Rehabilitation Robots Market Share, By Company
- Rehabilitation Robots Market Assessment & Opportunity (Value),2017 - 2027
- Major Companies Rehabilitation Robots Market Value Analysis & Forecast
- Promising Rehabilitation Robots Development by Major Companies
- Detailed Rehabilitation Robots Portfolio of the Major Companies
- Major Deals in the Rehabilitation Robots Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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