Press release
Increasing Cases Of Strokes And Neurological Diseases Drive Rehabilitation Robotics Market: An Emerging Driver Transforming The Rehabilitation Robotics Market Landscape
Rehabilitation Robotics
What Is the Projected Growth of the Rehabilitation Robotics Market?
In recent years, there has been a substantial increase in the size of the rehabilitation robotics market. The market size is expected to expand from $1.48 billion in 2024 to $1.82 billion in 2025, marking a compound annual growth rate (CAGR) of 23.4%. Factors such as a rise in rehabilitation and physical therapy services, demand for precise and targeted therapy, growth in aging populations and chronic conditions, the evolution of high-tech robotic rehabilitation tools, and established regulatory standards for medical device safety have contributed to the growth during the historic period.
The size of the rehabilitation robotics market is anticipated to significantly increase in the forthcoming years, hitting $4.05 billion in 2029 with a compound annual growth rate (CAGR) of 22.1%. This escalation during the predictive period is due to factors such as tailored rehabilitation robotics catering to individual patient requirements, the incorporation of artificial intelligence (AI) and machine learning in rehabilitation, enduring and economically viable rehabilitation robotics, development in tele-rehabilitation and distant supervision, and the implementation of rehabilitation robotics in the area of sports medicine. Key trends during the predictive period include regulatory adherence for safety in rehabilitation robotics, intelligent and flexible robotic rehabilitation solutions, individualized rehabilitation schemes and advancement monitoring, transparency concerning rehabilitation robotics data and results, and the integration of virtual reality and gamification in therapy sessions.
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What Are the Different Rehabilitation Robotics Market Segments?
The rehabilitation robotics market covered in this report is segmented -
1) By Type: Exoskeleton Robots, Therapeutic Robots, Assistive Robots, Prosthetic Robots
2) By Patient Type: Adult, Pediatrics
3) By Part: Lower Extremity, Upper Extremity
4) By Application: Gait Therapy, Limb Mobility
5) By End User: Rehabilitation Centers, Hospitals
Subsegments:
1) By Exoskeleton Robots: Lower Limb Exoskeletons, Upper Limb Exoskeletons, Full-Body Exoskeletons, Powered and Passive Exoskeletons
2) By Therapeutic Robots: Robotic Rehabilitation Devices for Stroke Patients, Robotic Systems for Gait Training, Robotic Hand Rehabilitation Devices, Interactive Therapeutic Robots for Cognitive Therapy
3) By Assistive Robots: Robotic Mobility Aids (e.g., robotic wheelchairs), Companion Robots for Emotional Support, Robots for Daily Living Assistance (e.g., feeding, dressing)
4) By Prosthetic Robots: Robotic Prosthetic Limbs, Bionic Hands and Arms, Smart Prosthetics with Sensory Feedback
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What Are the Primary Drivers Shaping the Rehabilitation Robotics Market?
The anticipated increase in cases of strokes, injuries, and neurological disorders during the forecast period is projected to fuel the rehabilitation robotics market. For example, the World Health Organization (WHO), a Swiss-based United Nations health body, reported in 2022 that 50 million individuals worldwide were affected by epilepsy, with approximately 80% of these individuals residing in low to middle-income countries. As such, the escalating occurrence of strokes and neurological conditions is likely to escalate the need for rehabilitation equipment such as rehabilitation robots.
Which Companies Are Leading in the Rehabilitation Robotics Market?
Major companies operating in the rehabilitation robotics market include Myomo Inc., Bionik Laboratories Corporation, Hocoma AG, Cyberdyne Inc., ReWalk Robotics Ltd., Ekso Bionics Holdings Inc., Rex Bionics Ltd., AlterG Inc., RU Robots Limited, Woodway GmbH, Tyromotion GmbH, ABILITY Switzerland AG, Motek Medical B.V., Reha Technology AG, Man&Tel Co. Ltd., Rehab-robotics Company Limited, Kinova Robotics, Mrisar Institute of Science Arts and Robotics, Robotdalen, Bioxtreme Robotics Rehabilitation, Fourier Intelligence Co. Ltd., Focal Meditech BV, B-Temia Inc., Gogoa Mobility Robots SL, Motorika Medical Ltd., Neofect Co. Ltd., Saebo Inc., SynTouch LLC, Touch Bionics Inc., Biodex Medical Systems Inc., HONDA Motor Co. Ltd., InMotion LLC, KUKA AG, Parker Hannifin Corporation, RSL Steeper Group Ltd.
What Are the Major Trends Shaping the Rehabilitation Robotics Market?
One of the significant trends in the rehabilitation robotics market is the swift uptake of assistive robots for speedy and more efficient treatments. There's a surge in the use of medical assistive robots to improve treatment outcomes, prompting higher investments in new product innovations to serve the growing demand. For example, in January 2022, Labrador Systems, Inc., an American fledgeling robotics firm specializing in assistive robots, launched the Labrador Retriever. This personal robot aids individuals to live more autonomously by providing practical aid for everyday household activities. The Labrador Retriever acts as an additional pair of hands, aiding people in carrying heavy objects and bringing needed items within reach. Its aim is to alleviate the daily challenges faced by individuals dealing with chronic pain, injuries, or other health conditions.
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What Are the Top Revenue-Generating Geographies in the Rehabilitation Robotics Market?
North America was the largest region in the rehabilitation robotics market in 2024. North America is expected to be the fastest-growing region during the forecast period. The regions covered in the rehabilitation robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Rehabilitation Robotics Market?
2. What is the CAGR expected in the Rehabilitation Robotics Market?
3. What Are the Key Innovations Transforming the Rehabilitation Robotics Industry?
4. Which Region Is Leading the Rehabilitation Robotics Market?
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