Global Rehabilitation Robots Market
Gobal Rehabilitation Robots Market was valued at US$ 770.6 Mn in 2021, estimated to reach US$ 2,170.56 Mn in 2027, with a CAGR of 17.02% from 2022-2027.
Rehabilitation robotics is tailored for supporting the movement of various sensorimotor roles for mechanical actions like arm, leg, and ankle. These devices help in recovery of patients undergoing disorders related to movement in combination with compromised physical working. The assistive technology aims to improve efficacy of medical treatment & to increase the ease of activities performed by patients with disabilities.
Market Drivers
The rise in per capita healthcare spending & rapid adoption of technologically advanced equipment in the healthcare sector is expected to boost the market growth over the forecast period. The increase in prevalence of stroke & the rapidly growing population of older adults are some of the key driving factors responsible for the growth. Technological advancements are also playing an important role in supporting industry growth. Furthermore, growing disorders like cumulative trauma disorder, repetitive strain injury & occupational overuse syndromes further positively impact the market growth.
For Instance, as per the information provided by the WHO in 2021, there were around 1.71 billion people globally who suffered from musculoskeletal disorders. This growing number of people suffering from such conditions is resulting in the high use of rehabilitation robots as these devices help differently abled /physically challenged patients in standing up, balancing, and maintaining gait.
Market Restraints
Despite the favourable business outlook, limitations in terms of functionality as well as high costs may hamper the availability of rehabilitation robots across a notable portion of global population.
Market Segmentation
Global Rehabilitation Robots Market is segmented into type such as Therapy Robots, Exoskeleton. Also, the market is segmented into extremity such as Upper Body and Lower Body. By End User, market is segmented into Hospitals & Clinics, Homecare Settings, and Senior Care Facilities.
Regional Analysis
The Global Rehabilitation Robots Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America held the largest share in 2021. Due to the increasing prevalence of spinal cord injury in the region is fuelling the market growth. Growing geriatric population & growing disabled population are among the factors boosting the adoption of rehabilitation robots.
Moreover, Continuous development in technology & high research expenditure in the healthcare sector by government agencies are boosting the market growth in North America. The presence of private entities offering funds for Research & Development to develop technologically advanced products is further supporting the growth.
Key Players
Tyromotion GmbH, Life Science Robotics ApS, Hocoma AG (DIH International Ltd.), Rex Bionics Ltd, Kinova Inc., Rehab-Robotics Company Limited, ReWalk Robotics Ltd, Ekso Bionics Holdings Inc., Cyberdyne Inc., etc.
Market Taxonomy
By Type
By Extremity
By End User
By Region
Global Rehabilitation Robots Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Rehabilitation Robots Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Rehabilitation Robots Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Rehabilitation Robots Market Share Analysis, By Type
5.3 Global Rehabilitation Robots Market Size and Forecast, By Type
5.3.1 Therapy Robots
5.3.2. Exoskeleton
6 Global Rehabilitation Robots Market, By Extremity
6.1 Y-o-Y Growth Comparison, By Extremity
6.2 Global Rehabilitation Robots Market Share Analysis, By Extremity
6.3 Global Rehabilitation Robots Market Size and Forecast, By Extremity
6.3.1. Upper Body
6.3.2 Lower Body
7 Global Rehabilitation Robots Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Rehabilitation Robots Market Share Analysis, By End User
7.3 Global Rehabilitation Robots Market Size and Forecast, By End User
7.3. 1. Hospitals & Clinics
7.3.2. Homecare Settings
7.3.3. Senior Care Facilities
8 Global Rehabilitation Robots Market, By Region
8.1 Global Rehabilitation Robots Market Share Analysis, By Region
8.2 Global Rehabilitation Robots Market Share Analysis, By Region
8.3 Global Rehabilitation Robots Market Size and Forecast, By Region
9 North America Rehabilitation Robots Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Rehabilitation Robots Market Share Analysis, By Type
9.3 North America Rehabilitation Robots Market Size and Forecast, By Extremity
9.4 North America Rehabilitation Robots Market Size and Forecast, By End User
9.5 North America Rehabilitation Robots Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeRehabilitation Robots Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Rehabilitation Robots Market Share Analysis, By Type
10.3 Europe Rehabilitation Robots Market Size and Forecast, By Extremity
10.4 Europe Rehabilitation Robots Market Size and Forecast, By End User
10.5 Europe Rehabilitation Robots Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Rehabilitation Robots Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Rehabilitation Robots Market Share Analysis, By Type
11.3 Asia Pacific Rehabilitation Robots Market Size and Forecast, By Extremity
11.4 Asia Pacific Rehabilitation Robots Market Size and Forecast, By End User
11.5 Asia Pacific Rehabilitation Robots Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Rehabilitation Robots Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Rehabilitation Robots Market Share Analysis, By Type
12.3 Latin America Rehabilitation Robots Market Size and Forecast, By Extremity
12.4 Latin America Rehabilitation Robots Market Size and Forecast, By End User
12.5 Latin America Rehabilitation Robots Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13Middle East Rehabilitation Robots Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Rehabilitation Robots Market Share Analysis, By Type
13.3 Middle East Rehabilitation Robots Market Size and Forecast, By Extremity
13.4 Middle East Rehabilitation Robots Market Size and Forecast, By End User
13.5 Middle East Rehabilitation Robots Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 TYROMOTION GMBH
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. LIFE SCIENCE ROBOTICS APS
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. HOCOMA AG (DIH INTERNATIONAL LTD.)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 REX BIONICS LTD
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 KINOVA INC
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 REHAB-ROBOTICS COMPANY LIMITED
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 REWALK ROBOTICS LTD
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 EKSO BIONICS HOLDINGS INC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 CYBERDYNE INC
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
