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Healthcare Assistive Robot Market Exhibits Higher Growth Prospects during 2021-2028

12-01-2022 10:50 AM CET | Health & Medicine

Press release from: The Insight Partners

An assistive robot is a device that can sense, process sensory information, and perform actions that benefit, people with disabilities and seniors. The assistive robot performs a physical task for the well-being of a person with a disability. The task is embedded in the context of normal human activities of daily living (ADLs) and would otherwise have to be performed by an attendant healthcare assistive robots. In the recent years, these robots have been revolutionizing the eldercare industry.

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The healthcare assistive robot market is anticipated to grow with a significant rate in the coming years, owing to Rising funding for research on robotics technology, increasing incidence of stroke worldwide, and rapidly implementation of technology in healthcare industry are drive the market. Due to growing awareness coupled with increasing efforts to promote robotic research will fuel business growth, and favorable government regulations have boosted the healthcare assistive robots market. Therefore, healthcare assistive robots market has expected lucrative growth opportunity in forecast period.

Leading Companies:

1. Barrett Technology
2. CYBERDYNE INC.
3. Auris Health, Inc.
4. Honda Motor Co., Ltd.
5. Kinova Inc.
6. KUKA AG
7. Ekso Bionics
8. GaitTronics Inc
9. Hocoma
10. ReWalk Robotics

North America held the largest share and is expected to dominate healthcare assistive robot market for healthcare assistive robots over the forecast period. Favorable government initiatives, improved awareness and growing adoption of technologically advanced products are expected to be the key factors for the market growth. However, Asia Pacific is expected to grow at the fastest rate in healthcare assistive robot market owing to presence of large pool of geriatric population and rising adoption of assistive robots in Japan.

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About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, chemicals etc.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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