Global Market for Rehabilitation Robots

Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Rehabilitation Robots: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Rehabilitation Robots estimated at US$762.8 Million in the year 2022, is projected to reach a revised size of US$4.2 Billion by 2030, growing at a CAGR of 23.6% over the analysis period 2022-2030.

Upper Extremity, one of the segments analyzed in the report, is projected to record a 21% CAGR and reach US$1.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Lower Extremity segment is readjusted to a revised 23.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $304.5 Million, While China is Forecast to Grow at 25.2% CAGR

The Rehabilitation Robots market in the U.S. is estimated at US$304.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$635 Million by the year 2030 trailing a CAGR of 25.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19% and 20.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.4% CAGR.

Select Competitors (Total 100 Featured) -

• Bionik Laboratories Corp.

• BioXtreme

• Corindus, Inc.

• CYBERDYNE Inc.

• Ekso Bionics Holdings Inc.

• Hocoma AG

• Parker Hannifin Corp.

• Rehab-Robotics Company Limited

• ReWalk Robotics Ltd.

• Rex Bionics Ltd.

• Siemens AG

• Tyromotion GmbH

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Rehabilitation Robots - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of COVID-19 Pandemic and a Looming Global Recession

• Weak Global Economic Environment & Negative Tide in GDP Forecasts Discourage the Market

• World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021

• Robotics Play an Increasingly Important Role in Medical Sector

• An Introduction to Rehabilitation Robots

• Functional Roles of Rehabilitation Robots

• Rehabilitation Robotics: Historical Background

• Global Market Prospects & Outlook

• Robotics Stride Ahead to Restore Mobility and Supplement Physiotherapist Efforts in Stroke Patients

• Developed Regions Lead Market, Developing Economies to Spearhead Future Growth

• Competition

• World Brands

• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Prominence of Robotics Technology in Patient Rehabilitation and Therapy

• Aging Population with Age-related Conditions Drive Demand for Rehabilitation Robots

• Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050

• Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030

• Life Expectancy at Birth in Years of People in Select Countries for 2020E

• Increasing Incidence of Neurological & Musculoskeletal Disorders and Other Chronic Medical Conditions to Propel Market Growth

• Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030

• Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040

• World Diabetes and Population Statistics (2019, 2030 & 2045)

• Rising Significance of Rehabilitation Robots for Physical Therapy of Stroke Survivors

• A Glance at Select Population Stroke Rehabilitation Robots

• Osteoarthritis & Osteoporosis: Major Health Conditions Affecting Mobility in the Elderly to Drive Market Growth

• Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022P

• % of Women Affected by Osteoporosis

• Rising Incidence of Physical Disabilities: A Grim Reality Driving Significance of Rehabilitation Robots

• Percentage of Population with Disabilities by Age Group

• Smarter Rehabilitation through Machine Learning and Robotics

• Eldercare-Assistive Robots: Enabling Elderly and Disabled to Live Independently

• Therapeutic Rehabilitation Robots Market: Providing Assistance to Patients with Motor Disorders

• Exoskeleton Robots: Enabling Medical Rehabilitation

• Shortage of Home Care Workers and Rising Care Costs for Disabled and Elderly Turn Focus onto Rehabilitation Robots

• Annual Cost of Full-Time Home Health Aide (in $) in the US for 2004-2019

• Long-term Care Workers in the US: Percentage Breakdown of Workforce by Type for 2020E

• Shift towards Home Healthcare Augurs Well for the Market

• Rehabilitation Robots for Treatment of Post-CNS Sensorimotor Deficits: A Neurophysiological Perspective

• Technology Advancements in Rehabilitation Robots to Boost Market Prospects

• Handicap Assistance Robots: A Key Opportunity

• Rehabilitation Robots and Virtual Reality to Enhance Physical Therapy

• Select Innovative Technologies and Devices in Robotic Rehabilitation

• Current Areas of Research and Devices

• Consistent Rise in Healthcare Spending Worldwide to Support Market Growth

• World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021 and 2023

• Healthcare Expenditure as a % of GDP by Region for 2019

• Challenges Confronting Rehabilitation Robots Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/gqst2c

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• Global Market for Rehabilitation Robots

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