The Global Rehabilitation Robotics Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
According to a recent estimate by Emergen Research, the global Rehabilitation Robotics Market would be worth USD 9.45 billion by 2027. Over the course of the projection period, it is anticipated that the ageing population would increase the incidence of age-related diseases such as rheumatoid arthritis, spinal cord injuries, cerebral paralysis, and other conditions. Additionally, initiatives started by hospitals to provide patients with neurorehabilitation are anticipated to further fuel market expansion. The price of robotic rehabilitation equipment is a major barrier to market expansion, especially in developing nations.
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Key Highlights from the Report
- In June 2019, ReWalk Robotics, Ltd., received United States Food and Drug Administration (FDA) approval for the sale of its ReStore Exo-Suit, the first soft robotic system for stroke treatment across the U.S., which is expected to strengthen its presence in the North America region.
- The therapeutic segment held the largest market share of 51.6% in 2019 in the rehabilitation robotics market due to the continuous growing technological developments in the therapeutic robotics system.
- With the increasing prevalence of stroke and other neurological disorders such as Parkinson’s, curative treatment is expected to increase, which is expected to boost the demand for upper extremity rehabilitation.
- The gait therapy segment is expected to dominate the market with a higher CAGR of 20.6% over the forecast period owing to the high incidence of neurological disabilities and the need for high-intensity therapeutic gait rehabilitation robotic systems for severely affected neurological patients.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Key companies operating in the Rehabilitation Robotics market include:
Myomo Inc., ABILITY Switzerland AG, Bionik, Inc., Hocoma AG, AlterG, Inc., Motek Medical B.V., Reha Technology AG, Cyberdyne Inc., Man&Tel Co., Ltd., and ReWalk Robotics, Ltd. among others.
Emergen Research has segmented the global Rehabilitation Robotics Market on the basis of type, body part, therapy, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
- Therapeutic
- Exoskeleton
- Assistive
- Others
Body Part Outlook (Revenue, USD Billion; 2017-2027)
- Lower Extremity
- Upper Extremity
Therapy Outlook (Revenue, USD Billion; 2017-2027)
- Balance
- Gait
- Limb Mobility
Application Outlook (Revenue, USD Billion; 2017-2027)
- Neurology
- Orthopedics
- Others
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/rehabilitation-robotics-market
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
- S.
- Canada
- Europe
- K.
- Italy
- Germany
- France
- Rest of EU
- Asia Pacific
- India
- Japan
- China
- South Korea
- Australia
- Rest of APAC
- Latin America
- Chile
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the Rehabilitation Robotics industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Rehabilitation Robotics?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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