Press release
Healthcare assistive robots market Size is projected to be around $1 billion by 2025
Crystal Market Research
Healthcare assistive robots are revolutionizing the eldercare industry. These robots perform physical tasks for the well-being of a people with disability. They can sense, process sensory information and perform actions that benefit older people and people with disabilities. The geriatric population, i.e. people aged 65 and older, is on a rise globally due to the developments in healthcare leading to increase in longetivity. According to the National Institute on Aging, the geriatric population worldwide is expected to grow from 524 million in 2010 to approximately 1.5 billion in 2050. This increase will primarily be driven by falling fertility rates and tremendous improvement in life expectancy. With these trends of global aging statistics, eldercare has gained remarkable importance in recent times. The current healthcare workforce worldwide is not sufficient to meet older patients’ needs. According to a study conducted by the Eldercare Workforce Alliance, by 2030, an estimated 3.5 million additional direct-care workers and healthcare professional will be needed for treating elderly patients.
Browse full research report with TOC on “Healthcare Assistive Robots Market by Type - Global Industry Analysis and Forecast to 2025” at: http://www.crystalmarketresearch.com/report/healthcare-assistive-robots-market
Rehabilitative robots segment dominated the overall market in 2016, with nearly two-fifth share of the market. These robots considerably reduce the time spent by a therapist on supervision. They are used as treatment aids and can assist a large number of patients under the supervision of a single therapist. Surveillance and security robots market is expected to grow at a high CAGR over the forecast period, as the demand for skilled care takers and homecare services is growing due to rising geriatric population.
Stroke application segment held the major share of the overall market in 2016, due to increasing incidence of neurological disorders, rising geriatric population, and technological advancements in rehabilitative robots. Orthopedics segment will witness a rapid growth during the forecast period due to increased usage of assistive robots in physiotherapy and rising number of injuries related to traffic accidents.
North America held the largest share in 2016 and is expected to dominate market for healthcare assistive robots over the forecast period. This substantial market share can be attributed to favorable government funding for research and development and rapid acceptance of technologically advanced robots for healthcare industry. For instance, in 2015, the National Institute of Health announced a $2.2 million funding for the development of three advanced co-robots, which assist the elderly and physically disabled people to improve their mobility. Europe represented the second largest market for rehabilitative and assistive robots in 2016 mainly due to the presence of advanced healthcare infrastructure in the region.
The competition in healthcare assistive robots market is intense with large number of players rapidly innovating advanced robotic applications. For instance, in early 2017, Intuitive Surgical, a global technology leader in minimally invasive robotic assisted surgery, received the CE mark for its latest da Vinci X Surgical system in Europe. Some of the key players in healthcare assistive robots market are Intuitive Surgical, Barrett Technology, ReWalk Robotics Ltd, Interactive Motion Technologies, Inc., KUKA Robot Group, HONDA Motor Co. Ltd., Kinova Robotics, Hansen Medical, Inc., Accuray Incorporated, Hocoma, Omnicell, Inc., Cyberdyne, Inc. and Ekso Bionics Holdings, Inc.
Request a sample copy of Healthcare Assistive Robots Market Research Report @ http://www.crystalmarketresearch.com/report-sample/HC0512
Key Findings of the Research Study:
• Healthcare assistive robots market is primarily driven by rising geriatric population worldwide and technological advancements in robotics for healthcare industry.
• Rehabilitative robots market held the largest share of the global market in 2016 due to their extensive applications in aiding therapist supervision.
• Stroke application market held a significant market share followed by orthopedic applications in 2016 owing to rising incidence of neurological disorders and increased awareness about robotic applications in physiotherapy.
• U.S. healthcare assistive robots market held more than two-third share of the North American market due to growing aging population and favorable government initiatives.
• Germany healthcare assistive robots market held more than one-fourth share of the European market in 2016. IT will witness favorable growth over the forecast period due to the presence of large players in the region such as Kuka Robotics.
Inquire more about this report at:
http://www.crystalmarketresearch.com/send-an-enquiry/HC0512
Healthcare Assistive Robots Market Segmentation
By Product:
• Humanoid
• Rehabilitative Robots
• Surveillance and Security Robots
• Socially Assistive Robots
By Portability:
• Mobile
• Fixed Base
By Application:
• Stroke
• Cognitive and Motor Skills
• Orthopedics
• Sports
• Others
By Region:
• North America
U.S
Canada
Mexico
• Europe
Germany
France
UK
Italy
Spain
Rest of Europe
• Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
• Rest of the World
Brazil
South Africa
Saudi Arabia
Turkey
United Arab Emirates
Others
Get Customization in the Report At: http://www.crystalmarketresearch.com/customization/HC0512
Related Reports:
Global Stroke Diagnostics and Therapeutics Market by Type - Global Industry Analysis and Forecast to 2025: http://www.crystalmarketresearch.com/report/global-stroke-diagnostics-and-therapeutics-market
Surgical Robotics Market by Type - Global Industry Analysis and Forecast to 2025
Elderly and Disabled Assistive Devices Market by Type - Global Industry Analysis and Forecast to 2025: http://www.crystalmarketresearch.com/report/elderly-and-disabled-assistive-devices-market
Neurorehabilitation Devices Market by Type - Global Industry Analysis and Forecast to 2025: http://www.crystalmarketresearch.com/report/neurorehabilitation-devices-market
About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact:
Akhil V.
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Blog: https://blog.crystalmarketresearch.com
Website: http://www.crystalmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Healthcare assistive robots market Size is projected to be around $1 billion by 2025 here
News-ID: 608041 • Views: …
More Releases from Crystal Market Research
Forklift Market By Power Source | Qualitative Insights, Key Enhancement | Global …
Crystal Market Research Present Advance research on - Forklift Market, approximates that the Forklift Industry size is anticipated to flourish at a significant CAGR in the future.
The Forklift Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Forklift is a little mechanical vehicle, having a power worked forked stage appended at the front to lift and move material over a…
Global Security Analytics Market Developing Research Methodology Analysis by 201 …
This report provides strategic study of the Global Security Analytics Market, and the growth forecast for the period 2014 to 2023. The scope of the report includes competitive analysis of various market segments based on key trends, competitive landscape analysis and key regional development status.
Kindly request for Sample Copy of Report @
https://www.crystalmarketresearch.com/report-sample/IC04706
This study provides insights about the Security Analytics Market in regards to its uses, benefits and in-depth look at…
More Releases for Robot
Robot Pet Care Market 2022 Precise Outlook|Litter-Robot, Hexbug, CatGenie - Petn …
The Robot Pet Care Market report is a great source of insightful data for business strategists. It gives an overview of the industry, as well as growth projections and historical and forecasted cost, revenue, demand, and supply statistics (as applicable). The research experts provide a detailed overview of the value chain as well as a study of its distributors. The Robot Pet Care Market analysis contains in-depth information that will…
Cyber Security in Robotics Market to 2027 - Global Analysis and Forecasts by Com …
Cybersecurity concerns have been most important for industrialists. Fast progress made by robotics in our day to day lives is creating a strong automation effect in a wide-ranging range of grounds. With every passing day, the abilities of robotics have innovated from the installation of new control systems and manipulators, new sensors, and power supply systems. Robotic process automation (RPA) is growing popularity in cybersecurity in robotics. Organizations are looking…
Robotic Polishing Machine Market Size 2019 - Logen Robot, DANBACH ROBOT, MEPSA
Robotic Polishing Machine Market Research Report Formulates with historic data up to 2019 and gives a forecast for 2019-2024. The report gives a comprehensive outlook of the market including the current market status, historic, and expected way forward for the global Robotic Polishing Machine market. The report inspects market size, key trends, technologies, challenges, product scope, industry revenue, and growth opportunities. The report delivers data on the drivers and restraints…
Flexiv Ushers In 3rd Gen Robot With Launch Of Adaptive Robot Arm
• Product launch of world’s first adaptive robot at Hannover Messe 2019
• Broader set of task applications - can be applied to different scenarios and industries, even in uncertain environments
• Bottom-up innovation and all-inclusive robot design for great adaptivity
• Proprietary force control and AI technology from top AI and robotics researchers
HANNOVER, Germany, April 2, 2019 – Flexiv Ltd. today ushered in a new generation of industrial robot with the launch of…
Robotics Market by Data Type (Automotive Robot, Mobile Robot, Industrial Robot, …
Global Robotics Market was valued at USD 46.18 Billion in the year 2017. Global Robotics market is further estimated to grow at a CAGR of 13.52% from 2018 to 2023 to reach USD 112.6 billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and North America market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India…
Pipeline Robot Market Competitive Strategies of Key Manufacturers: Diakont, Trio …
The qualitative research study conducted by HTF MI titled “Global Pipeline Robot Market Research Report 2018” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Pipeline Robot market. The study provides forecasts for Pipeline Robot investments till 2022.
If you are involved in the Pipeline Robot industry or intend to be, then this…
