Assistive Robotics Market 2022 Size, Status and Growth Outlook - Kinova, Ekso Bionics Holdings Inc., Cyberdyne Inc., Focal Meditech BV, ReWalk Robotics, Inc

The Assistive Robotics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The assistive robotics market is expected to register a CAGR of 21% over the forecast period of (2021 - 2026).

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Top Leading Companies of Assistive Robotics Market are Kinova, Ekso Bionics Holdings Inc., Cyberdyne Inc., Focal Meditech BV, ReWalk Robotics, Inc., Hocoma, Fourier Intelligence Co. Ltd, F&P Robotics AG, Axosuits SRL, Hyundai Motors and others.

Industry News and Updates

Oct 2019 - The scientists from University of Texas at Dallas announced a groundbreaking new approach for improving control of prosthetics with the use of artificial intelligence (AI) at the 2019 IEEE International Symposium on Measurement and Control in Robotics Symposium this month. The research findings show a huge leap forward in the goal of fully end-to-end optimization of electromyography (EMG) controlled prosthetic hands.

Key Market Trends

North America Account for Significant Market Share

- North America holds the significant share due to growing demand from the healthcare sector for rehabilitation and a favorable funding scenario for research on assistive technologies.

- In the United States, the government agency is taking the initiative to fund the Assistive Robotics market. For instance, the National Science Foundation is investing in the development of service robots, particularly in eldercare robotics projects that help to increase mobility in elder patients.

- Moreover, players are also investing to improve the market growth. For Instance, in Oct, 2019, Labrador Systems, an early-stage technology company developing a new generation of assistive robots, announced that it has closed a USD 2 million Pre-Seed round led by SOSV's hardware accelerator HAX, in partnership with Centrica Hive, with participation from Amazon's Alexa Fund, iRobot Ventures and iD Ventures America.

Regional Outlook of Assistive Robotics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Assistive Robotics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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