Rehabilitation Robots Market Size, Share & Trends Analysis Report By Type (Therapy Robots, Exoskeleton), By Extremity (Upper Body, Lower Body), By End-use, By Region, And Segment Forecasts, 2023 - 2032

Report Overview
The global rehabilitation robots market was valued at USD 226.0 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.3% from 2023 to 2032. The expansion can be ascribed to the rise in healthcare spending per person and the quick uptake of cutting-edge technology in the industry. Some of the main driving forces behind the growth are the increasing stroke prevalence and the constantly expanding elderly population. Technology development is a significant factor enabling the expansion of the sector. Additionally, growing conditions including cumulative trauma disorder, repetitive strain injury, and occupational overuse syndromes have a beneficial effect on the industry.

In 2021, 1.71 billion people worldwide suffered from musculoskeletal illnesses, according to the WHO. Due to the rising prevalence of these disorders, rehabilitation robots are being used more frequently to assist patients who are physically or mentally challenged in standing up, balancing, and maintaining gait.

Global Rehabilitation Robots Market Definition
A rehabilitation robot is a mechanically propelled medical apparatus intended to enhance the mobility of people with physical impairments. Robots for rehabilitation are used to replace lost limb motions brought on by neurological or traumatic causes. The primary cause of adult disability, including gait impairment, is stroke. The system consists of a variety of mobile and fixed electromechanically aided training tools for restoring lost bodily functions.

The demand for rehabilitation robots is being driven by a variety of important causes, including an ageing population and an increase in the incidence of strokes that leave victims bedridden. The number of therapeutic Rehabilitation Robots is anticipated to rise during the forecast period as a result of the burgeoning research in this field. Robotic therapy for rehabilitation can also provide high-intensity training, making it beneficial for individuals with motor abnormalities brought on by spinal cord disease or stroke. The market is comprehensively evaluated in the study on the global rehabilitation robots market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

The market's expansion can be attributable to the notable increase in robot use in the global healthcare industry. Conditions that require medical treatment might linger for years due to factors including severe spinal cord injuries, sports injuries, or accidents. It is also predicted that the rise in the prevalence of certain medical disorders, which require prolonged medical rehabilitation, will fuel market expansion. Additionally, the process for treating physical and mental illnesses is complicated, and the outcomes are never certain. Therefore, cutting-edge robots are being created to solve this issue by aiding rapid healing for a variety of medical ailments.

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Market Segmentations:
Global Rehabilitation Robots Market: Major Players
AlterG
Myomo
Rex Bionics
Bioxtreme Robotics Rehabilitation
Bionik Laboratories
Motorika
Kinestica
MediTouch
Hocoma
Kinova
Instead Technologie
Focal Meditech
Tyromotion
SF Robot
Honda Motor
Aretech
MRISAR
Ekso Bionics

Global Rehabilitation Robots Market: By Types
Lower Limbs
Exoskeleton
Upper Limb

Global Rehabilitation Robots Market: By Applications
Hospital
Household
Nursing Home
Other

Global Rehabilitation Robots Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Rehabilitation Robots market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Competitive Landscape:
The competitive landscape of the market has also been examined in the report. Some of the major players include Bionik Laboratories Corp., Ekso Bionics Holdings Inc., Hocoma AG (DIH International Ltd.), Kinova Inc., KUKA Aktiengesellschaft (Midea Group), Parker-Hannifin Corporation, Rehab-Robotics Company Limited, ReWalk Robotics Ltd., Rex Bionics Ltd., Siemens Aktiengesellschaft, and Tyromotion GmbH.

Rehabilitation Robots Market- Regional Analysis
Due to the high occurrence of spinal cord injuries in the continent, North America commands the majority of the market. The National Spinal Cord Injury Statistical Center estimates that between 236,000 and 327,000 Americans experienced significant spinal cord injuries in 2015. Major government investments are being made to support the study and development of these robots in order to meet the region's growing need for rehabilitation robots. In turn, this is anticipated to accelerate market expansion throughout the anticipated period. Due to the rapid expansion of the healthcare infrastructure and the rising prevalence of chronic diseases such arthritis, orthopaedic injuries, spinal cord injuries, and traumatic brain injuries in the region, the Asia Pacific region is predicted to have the highest CAGR throughout the projection period.

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Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.

FREQUENTLY ASKED QUESTIONS
• What are the major factors driving the growth of the rehabilitation robots market?
• What would be the CAGR of rehabilitation robots market over the forecast period?
• What are the challenges affecting the rehabilitation robots market growth?
• Which region will provide more business opportunities for growth of rehabilitation robots market in future?
• Who are the major players dominating the rehabilitation robots market?
• How are the company profiles selected?
• What are the segments in the rehabilitation robots market?
• Which sub-segment captures the largest market size in the end-user segment in the rehabilitation robots market?

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