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Global Rehabilitation Robots Market Trends Forecast 2022- 2027

07-27-2022 11:37 AM CET | IT, New Media & Software

Press release from: Supply Demand Market Research

The Global Rehabilitation Robots Market is projected to reach US$3,081.64 million by 2027, expanding at a CAGR of 26.13% during the forecast period The increasing prevalence of conditions such as stroke, spinal cord injury, knee osteo arthritis, Parkinson and autism therefore, likely to propel the demand for rehabilitation robots applications during the forecast period.

Some of the major players in the Global Rehabilitation Robots Market are Tyromotion GmbH, Cyberdyne Inc., ReWalk Robotics, Rex Bionics Ltd., Rehab-Robotics Company Limited, Parker, Hannifin Corp., Ekso Bionics Holdings Inc., Hocoma AG and other. Currently, many players in the industry have developed different exoskeletons for upper and lower limbs that act as assisting devices in performing physical tasks and support users as a trainer. These are the result of continuous technological advancements and growing research in the robotics field.

Corindus, launched of a new set of automated robotic movements in the technIQ Series designed for the CorPath GRX System in 2020. ReWalk Robotics, Ltd. announced that it has entered into a contract with a German private health insurance company to allow all eligible beneficiaries with spinal cord injury (SCIs) to apply for the procurement of a ReWalk 6.0 exoskeleton system in 2020.

The factors restraining the rehabilitation robots market growth are general lack of awareness of the effective use of rehabilitation equipment is expected to restrain the growth of this market. For example, in the case of a stroke, the lack of proper assistance and rehabilitation at the correct juncture can have significant ill-effects on the body. This lack of awareness can also lead to patients neglecting the symptoms of critical conditions entirely, which affects the adoption of rehabilitation. This is a key problem in countries such as Malaysia and Taiwan, where the effects of this factor are compounded by a lack of sufficient infrastructure and manpower.

The Rehabilitation Robots Market is segmented by region, by country, company, product and application. Players, stakeholders, and other participants in the global Rehabilitation Robots Market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2022-2027.

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Global Rehabilitation Robots Market Size Trends & Forecasts, By Type 2022-2027
Lower Extremity
Upper Extremity
Full-Body Exoskeletons

Global Rehabilitation Robots Market Segment, By Application 2022-2027
Rehabilitation Centers

Global Rehabilitation Robots Market Segment, By Region 2022-2027
North America (United States, Canada, Mexico)
Europe (UK, France, Germany, Italy, Spain, Russia, Rest of Europe)
Asia Pacific (China, Japan, South Korea, India, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

Global Rehabilitation Robots Market Segment by Company 2022-2027
Corindus, Inc.
Cyberdyne Inc.
Ekso Bionics Holdings Inc.
Hocoma AG
Parker Hannifin Corp.
Rehab-Robotics Company Limited
ReWalk Robotics
Rex Bionics Ltd.
Tyromotion GmbH
Axosuits Srl

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Charles Lee
302-20 Mississauga Valley Blvd, Mississauga,
L5A 3S1, Toronto, Canada
Phone Number: 12764775910

SUPPLY DEMAND MARKET RESEARCH is dedicated to publishing only high quality in-depth market research studies that helps clients to attain granular level strategy and business trends expected for future development. Market sizing, forecasts, pricing trends, industry research, consumer insights, and innovation trends are topics of SDMR's portfolio of market research reports. Besides, given the impact of COVID-19 on all the reports that have been influenced drastically with respect to estimates of various industry parameters and data points, it is imperative to stay updated or revise the old market numbers.

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