Global Robotic Rehabilitation and Assistive Technologies Market Anticipated to Surge at a CAGR of 13.1% Through 2025

New research report offers a comprehensive analysis of the “Robotic Rehabilitation and Assistive Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025” The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.

Request to view Sample Report @ https://www.mrrse.com/sample/3777

Global Robotic Rehabilitation and Assistive Technologies Market: Snapshot

With most technologies still being developed and honed and yet to go mainstream big time, the global robotic rehabilitation and assistive technologies market is still in a nascent state. It is said that only a small proportion of various applications are being explored in universities, laboratories, and start-up companies. Currently, a fast expanding elderly population and rising instances of stroke rendering people immobile are driving sales in the market.

Crimping sales, on the other hand, is the expensiveness of the robotic rehabilitation and assistive technologies. However, development of more viable manufacturing methods will help to overcome the pricing challenge in the near future, industry experts point out.

The global robotic rehabilitation and assistive technologies market, which is fragmented on account of the presence of a copious number of startups and smaller companies, is projected to attain a value of US$ 2,290.3 mn by 2025 from US$ 765.1 mn in 2016 by rising at a CAGR of 13.1% from 2017 to 2025, as per a study by Transparency Market Research.

Helpful Reimbursement Policies Propel Standalone Technologies

Robotic rehabilitation and assistive technologies can be divided into standalone and mobile, based on their portability. Standalone robots are fixed at one place and perform a single task or a set of fixed task. They are not meant for multitasking and their operations are limited. However, they still gross maximum revenue in the market. In the next couple of years as well, the segment will retain its dominant share in revenue on the back of helpful reimbursement policies and its efficiency in inpatient rehabilitation. In addition, technological advancement is a key factor which is anticipated to drive the segment’s growth during the forecast period.

Depending upon type, again, the two broad segments of the market are assistive robot and rehabilitation robot. Of the two, the assistive robot, which is a medical device that performs action to benefit people with disabilities and help the elderly carry out their day-to-day work, accounts for maximum revenue share. In the years ahead too, the segment is expected to retain its dominant share.

Browse Full Report with TOC @ https://www.mrrse.com/robotic-rehabilitation-assistive-technologies-market

Well-entrenched Robotic Industry Makes North America Dominant Regional Segment

From a geographical perspective, the global robotic rehabilitation and assistive technologies market is dominated North America. This is because of a well-established robotic industry, quick uptake of newer robotic rehabilitation and assistive technologies. In the years ahead too, North America will continue holding its leading position by expanding at a CAGR of 12.8%. The market is projected to become worth US$1.07 bn by 2025. Europe trails North America in terms of market share. The market in the region, powered primarily by Germany, is being driven by the early adoption of newer robotic rehabilitation and assistive technologies.

In terms of growth rate, on the other hand, Asia Pacific is expected to outshine all other regions. The market in the region is anticipated to clock a solid 15.3% CAGR from 2017 to 2025 to become worth US$474.1 mn by 2025. The growth of robotic rehabilitation and assistive technologies market is Asia Pacific is attributed to aging population as one of the prime factors that is driving the demand for robotic rehabilitation and assistive technologies.

A few of the pioneering companies in the global robotic rehabilitation and assistive technologies market are Accuray Incorporated, AlterG, Inc., Bionik Laboratories Corp., DIH Technologies Corporation, Ekso Bionics, Intuitive Surgical, Inc, Instead Technology Ltd., Mazor Robotics, Reha-Stim Medtec GmbH & Co. KG, and Vincent Medical.

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us                                                                         

State Tower                                                      
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.