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.
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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"
• 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.
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
Rehabilitation Robots Market, By End-Users:
• Rehabilitation Centers
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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