Global Rehabilitation Robots Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Global

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Global Rehabilitation Robots Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Rehabilitation robots are mechanically operated robots designed to improve movement in individuals with physical impaired functioning. These robots are designed with the applications of techniques that determine the adaptability level of the patient. There are different types of robots that can be used in the results of a stroke. The Inmotion robot allows the participates to practice reaching movement in a horizontal plane with a reduction of gravity. The motions that are performed require shoulder flexion and extension and external rotation. One of the examples of rehabilitation robot is Hipbot, which is used in patients with limited mobility. Hipbot robot helps in the cases where people suffer a fracture by accident or have problems. These rehabilitation robots are also used for rehabilitation and related procedures including training and therapy.

Global Rehabilitation Robots Market Segments Size & Growth:

Global Rehabilitation Robots Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the global rehabilitation robots market are technological advancements, increase in funding for medical robots research, rising hospital investments in medical robots and advantages offered by the robot are the key factors that are driving the market growth. However, a high cost of robotic systems and safety concerns over robotic surgery devices are the main factor that is hindering the growth of the market. On the other hand, increasing patient preference for minimally invasive surgeries,

Global Rehabilitation Robots Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
rapid growth in the ageing population and development of nanorobots for cancer treatment are the major opportunities that drive the market growth during the forecast period.

Global Rehabilitation Robots Market Segments Share:

Global Rehabilitation Robots Market is segmented by the type which further consists of assistive robots, prosthetics, orthotics, therapeutic robots and exoskeleton robots. Among these types, assistive robots are the first type that substitutes for lost limb movements and contributes the largest market share and continues its dominance during the forecast period owing to the rise in the ageing population across the globe. The second type of rehabilitation robots is therapy robot, which is also known as rehabilitator, which allows patients to perform practice movements aided by robots. By the end user, the market is segmented into hospitals, rehabilitation centres, medical clinics and others. On the basis of Geography, North America is anticipated to have the largest market share owing to the reimbursement scenario in the U.S., funding by the U.S., Department of defense, raising venture capital investments in the U.S., government support in Canada and increasing medical robot purchases backed by rising preference for minimally invasive surgeries and  the market in the region, powered primarily by Germany, is being driven by the early adoption of newer robotic rehabilitation and assistive technologies

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Global Rehabilitation Robots Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
. On the other hand, Asia Pacific is expected to outshine all other regions. The market in the region is anticipated to have the highest CAGR during the forecast period owing to the growth of robotic rehabilitation

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