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A recent report published by Infinium Global Research on robotic rehabilitation and assistive technologies market provides in-depth analysis of segments and sub-segments in the 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.
Robotic rehabilitation and assistive technologies refer to the utilization of robotic devices for the rehabilitation of patients facing mobility challenges. They also have applications in therapeutic procedures that aid in the recovery of individuals dealing with various medical conditions or disabilities, including neuromotor disorders, strokes, orthopedic traumas, cognitive diseases, and spinal cord injuries. These advancements in medical robotics are transforming the healthcare sector by empowering individuals with degenerative motor and cognitive abilities to lead more independent lives.
Surgical robots assist healthcare professionals in performing complex surgical procedures with precision, while some robots enhance the accuracy of radiation therapy for cancer treatment and contribute to the rehabilitation of individuals with disabilities. The increasing prevalence of disabilities, driven by conditions such as rheumatoid arthritis, spinal cord injuries, cerebral palsy, and age-related disabilities, is expected to boost the demand for robotic rehabilitation and assistive technologies. Additionally, the growing adoption of this technology to support surgeons across various medical specialties is further propelling the growth of the robotic rehabilitation and assistive technologies market. However, a lack of awareness about this technology, particularly in emerging economies, and the high costs associated with robotic rehabilitation, pose significant barriers to market growth. Demographic shifts, technological advancements, and the need for more effective and personalized healthcare solutions present significant opportunities for the robotic rehabilitation and assistive technologies market.
From a geographical perspective, North America is projected to hold a significant share in the robotic rehabilitation and assistive technologies market, followed by Europe and the Asia Pacific regions. Factors contributing to North America's leadership include a well-established medical robotics industry and swift adoption of innovative robotic rehabilitation and assistive technologies. In Europe, the increasing incidence of disabilities is driving market growth. Furthermore, the Asia Pacific region is witnessing growth due to factors such as a rising aging population and increased awareness of this technology's benefits, which are fueling the expansion of the robotic rehabilitation and assistive technologies market.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 1.96 Billion |
| Market Size by 2030 | USD 6.16 Billion |
| Growth Rate from 2023 to 2030 | CAGR of 13.28% |
| Largest Market | North America |
| No. of Pages | 255 |
| Market Drivers |
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| Market Segmentation | By Type, By Portability, and By Application |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global robotic rehabilitation and assistive technologies market covers segments such as type, portability, and application. On the basis of type, the sub-markets include rehabilitation robot, and assistive robot. On the basis of portability, the sub-markets include mobile, and standalone. On the basis of application, the sub-markets include stroke, orthopedics, cognitive & motor skills, sports, and others.
The report provides profiles of the companies in the market such as Intuitive Surgical, VINCENT MEDICAL HOLDINGS LIMITED, Reha-Stim Medtec AG, Bionik Laboratories, Mazor Robotics (acquired by Medtronic), DIH Medical, Instead Technologies, Ltd., Ekso Bionics, Kinova inc., and Others.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an 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 the robotic rehabilitation and assistive technologies market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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