Robotic Rehabilitation and Assistive Technologies Market

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Robotic Rehabilitation and Assistive Technologies Market (Type - Rehabilitation Robot and Assistive Robot; Portability - Mobile and Standalone; Application - Stroke, Orthopedics, Cognitive & Motor Skills, Sports and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024

  • Published : September, 2018

  • Rep Id : HC0407

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Robotic Rehabilitation and Assistive Technologies Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Robotic Rehabilitation and Assistive Technologies Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Robotic Rehabilitation and Assistive Technologies Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on robotic rehabilitation and assistive technologies market provides an in-depth analysis of segments and sub-segments in global as well as regional robotic rehabilitation and assistive technologies market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional robotic rehabilitation and assistive technologies market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global robotic rehabilitation and assistive technologies market. According to the report, the global robotic rehabilitation and assistive technologies market is projected to grow at a CAGR of 13% over the forecast period of 2018-2024.

 

Market Insight

Rehabilitation robotics and assistive technologies allow the use of robotic devices for rehabilitation of patients who are suffering from mobility issues. It also allows the application of robotics in therapeutic procedures that help in the recovery of patients suffering from various diseases or disabilities such as neuromotor disorders, strokes, orthopedic traumas, cognitive diseases, and spinal cord injury. The medical robotics is been revolutionizing the healthcare industry by allowing people to lead an independent life who is suffering from the degenerative motor and/or cognitive abilities. Surgical robots support surgeons to perform nominally complex surgical process while some robots help in assisting the accuracy of radiation treatment for cancer and assist in the rehabilitation of disabled patients.


The prompt upsurge in the disabilities owing to the growing occurrence of diseases such as rheumatoid arthritis, spinal cord injury, cerebral palsy and other aged disabilities is projected to upsurge the demand for robotic rehabilitation and assistive technologies. Furthermore, an increase in the usage of this technology for assisting the surgeons in different fields is also boosting the growth of rehabilitation robotics and assistive technologies market. On the flip side, lack of consciousness regarding this technology among the population specifically in emerging economies and high cost associated with robotic rehabilitation is a major factor hampering the growth of the market.


As per the geographic, North America has ruled the growth of robotic rehabilitation and assistive technologies market followed by Europe and the Asia-Pacific regions. Factors such as the well-established medical robotic industry and quick acceptance of newer robotic rehabilitation and assistive technologies in the North America region is driving the growth of this market. In the Europe region, the growing occurrence of disabilities is boosting the growth of the market. Further, in Asia-Pacific region factors such as an increase in the aged population and increasing awareness regarding this technology are fueling the growth of robotic rehabilitation and assistive technologies market.

 

Segment Covered

The report on global robotic rehabilitation and assistive technologies market covers segments such as type, portability, and application. On the basis of type, the global robotic rehabilitation and assistive technologies market is categorized into a rehabilitation robot and assistive robot. On the basis of portability, the global robotic rehabilitation and assistive technologies market is categorized into mobile and standalone. On the basis of application, the global robotic rehabilitation and assistive technologies market is categorized into the stroke, orthopedics, cognitive & motor skills, sports, and others.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. 


Global Robotic Rehabilitation and Assistive Technologies Market


The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global robotic rehabilitation and assistive technologies market such as Intuitive Surgical, Inc., Vincent Medical, AlterG, Inc., Reha-Stim Medtec GmbH & Co. KG, Bionik Laboratories Corp., Mazor Robotics, DIH Technologies Corporation, Instead Technologies, Ltd., Ekso Bionics and Competition Matrix.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global robotic rehabilitation and assistive technologies market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of robotic rehabilitation and assistive technologies market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the robotic rehabilitation and assistive technologies market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers and distributors of the robotic rehabilitation and assistive technologies market to understand the present and future trends in this market and formulate their strategies accordingly.


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