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 Attribute | Details |
| No. of Pages | 301 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $762.8 Million |
| Forecasted Market Value (USD) by 2030 | $4200 Million |
| Compound Annual Growth Rate | 23.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Rehabilitation Robots - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of COVID-19 Pandemic and a Looming Global Recession
- Weak Global Economic Environment & Negative Tide in GDP Forecasts Discourage the Market
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- Robotics Play an Increasingly Important Role in Medical Sector
- An Introduction to Rehabilitation Robots
- Functional Roles of Rehabilitation Robots
- Rehabilitation Robotics: Historical Background
- Global Market Prospects & Outlook
- Robotics Stride Ahead to Restore Mobility and Supplement Physiotherapist Efforts in Stroke Patients
- Developed Regions Lead Market, Developing Economies to Spearhead Future Growth
- Competition
- World Brands
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Prominence of Robotics Technology in Patient Rehabilitation and Therapy
- Aging Population with Age-related Conditions Drive Demand for Rehabilitation Robots
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
- Life Expectancy at Birth in Years of People in Select Countries for 2020E
- Increasing Incidence of Neurological & Musculoskeletal Disorders and Other Chronic Medical Conditions to Propel Market Growth
- Global Annual Medical Cost of CVD in US$ 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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