Global Rehabilitation Robots Strategic Business Report 2023: Rising Prominence of Robotics Technology in Patient Rehabilitation and Therapy Drives Growth


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:

Report AttributeDetails
No. of Pages301
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$762.8 Million
Forecasted Market Value (USD) by 2030$4200 Million
Compound Annual Growth Rate23.8%
Regions CoveredGlobal

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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