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Rehabilitation Robots Market is estimated to be US$ 5,591.9 billion by 2032 with a CAGR of 23.3% over the forecast period (2022-2032) With Top Most Key Players - AlterG Inc., Hocoma, Ekso Bionics Holdings Inc., BioXtreme, Interactive Motion Technologies.

12-23-2022 09:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prophecy Market Insights

Rehabilitation Robots Market is estimated to be US$ 5,591.9

Research in rehabilitation robots has grown rapidly. Faster & more powerful computers, new computational approaches, and greater sophistication of electro-mechanical components is the advancement in technology which has made availability of robotic devices for rehabilitation intervention. Robotic rehabilitation therapy helps in delivering high-dosage & high intensity training which makes useful for patients with motor disorders that are caused by spinal cord or stroke disease. End-effector and exoskeleton robotic devices are used for motor rehabilitation. Exoskeleton and end-effector robotic devices are effective to conventional physiotherapy in patients with sub-acute stroke. Workstation robots are stationary robots which are used in providing therapeutic exercise in clinical setting like physical therapy gym. Benefits are showed of lasting three years in upper extremity robotic systems for elbow and shoulder rehabilitation in stroke patients, in acute rehabilitation facilities. Robot delivered body weight supported treadmill training is used for gait training in lower extremities. Rising chronic diseases has become the major factor in rehabilitation robots market growth. MIT-MANUS robotic system is used for upper limb exercise. Most advanced exoskeletal robot is Armeo Power enveloping the user's arm and adjusted for shoulder height & limb length. Exoskeleton robots are special type of rehabilitation robots which are mainly used to assist walking. Rehabilitation robots are classified into three types like upper limb rehabilitation robots, lower limb rehabilitation robots, and full-body rehabilitation robots. Stationary robots are used for rehabilitation training. Functional rehabilitation robots are used in chronic patients with traumatic brain injury, stroke, spinal cord injury, cerebral palsy, limb injury and paraplegia. Rehabilitation robots are widely used in prosthesis, rehabilitation nursing, and rehabilitation therapy. Rehabilitation robots promote the development of rehabilitation medicine and also drives the development of new therapies, and new technologies in related fields. However, new advancement in robotic devices technology has enhanced the Rehabilitation Robots market growth.

To know the upcoming trends and insights prevalent in this market, click the link below:

The report "Rehabilitation Robots Market, By Type (Exoskeleton Robots, Assistive Robots, Therapeutic Robots, and Others), By End-Users (Hospitals, Rehabilitation Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032"

Key Highlights:
• In September 2022, the new 'ArmMotus EMU' which is the first 3D back-drivable upper limb cable-driven rehabilitation robot has won the Red Dot Design Award - a sort of 'Oscar' of sector. 'ArmMotus EMU' was highly developed control system which executes and respond to different movements more efficiently. 'ArmMotus EMU' helps in targeting upper limb disability which is caused by musculoskeletal, neurological and geriatric disorders. 'ArmMotus EMU' has ability to perform training assessments, measure trajectory, cognitive ability, strength, motor control, range of movement, etc.
• In December 2021, Sakra World Hospital has launched new world class 'Robotic-Assisted Neuro-Rehabilitation Center' in Bangalore. Newly 'Robotic-Assisted Neuro-Rehabilitation Center' has become the most advanced robotic unit in the country. Patients who are suffering from brain tumors, traumatic brain injury, stroke, multiple sclerosis, spinal cord injury, Parkinson's disease, Guillain Barre Syndrome, quadriplegia and paraplegia will be benefitted from this advanced robotic assisted therapy.
• In November 2019, Toyota has launched the new version of its 'Welwalk WW-2000' a robot which is designed for providing rehabilitation support to individuals with lower limb paralysis in stroke or other causes. 'Welwalk WW-2000' adds new functions which display assistance settings in real time for improving abnormal gait and game function that helps in maintaining motivation so that patients can continue their rehabilitation effort.

Analyst View:
The key factor driving the growth of the rehabilitation robots market is rising prevalence of chronic diseases due to rapid growth in urbanization. Auxiliary robot and functional rehabilitation has gradually become important technical means of clinical rehabilitation treatment in all over the world which has spawned the several new rehabilitation robotic system and technology. However, future research and development to find cost-effective materials to popularize the rehabilitation robots in ordinary life is highly recommended. To achieve widespread application & commercialization, future manufacturing of rehabilitation robots should be developed towards low cost and mass production. However, rising prevalence of chronic diseases and technological advancement is expected to boost the target market growth over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Rehabilitation Robots Market, By Type (Exoskeleton Robots, Assistive Robots, Therapeutic Robots, and Others), By End-Users (Hospitals, Rehabilitation Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032"

Avail a sample market brochure of the report:-

Segments Covered in the Report:

Rehabilitation Robots Market, By Type:
• Exoskeleton Robots
• Assistive Robots
• Therapeutic Robots
• Others
Rehabilitation Robots Market, By End-Users:
• Hospitals
• Rehabilitation Centers
• Others

Key Market Insights from the report:
Rehabilitation Robots Market accounted for US$ 543.46 billion in 2022 and is estimated to be US$ 5,591.9 billion by 2032 and is anticipated to register a CAGR of 23.3%. The Rehabilitation Robots Market is segmented based on Type, End-Users and Region.
• Based on Type, Rehabilitation Robots Market is segmented into Exoskeleton Robots, Assistive Robots, Therapeutic Robots, and others.
• Based on End-Users, Rehabilitation Robots Market is segmented into Hospitals, Rehabilitation Centers, and others.
• By Region, the Rehabilitation Robots Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Rehabilitation Robots Market:
The prominent players operating in the Rehabilitation Robots Market includes, AlterG Inc., Hocoma, Ekso Bionics Holdings Inc., BioXtreme, Interactive Motion Technologies, Cyberdyne Inc., Kinova, MediTouch Ltd., Siyi Intelligence Technology Co., Ltd., INROBICS, and others.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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About us:Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

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