Increase within the range of individuals diagnosed with conditions like strokes, spinal cord injuries, traumatic brain injuries, multiple sclerosis, Parkinson’s disease and cerebral palsy affects quality. This, in turn, has resulted during a rise in awareness regarding robot-assisted treatments, afterward driving investments during this technology. With the stormy instances of chronic illnesses across the advanced and emerging economies, the demand for rehabilitation robots can increase throughout the forecast amount.
The global Rehabilitation Robots Market size is projected to reach US$ 4515 million by 2028, registering an impressive CAGR of 22% during the forecast period.
The need for insurance coverage for exoskeletons are one in every of the key rehabilitation robots market trends that may impact market growth throughout the forecast period. The high value of exoskeletons may be a major hindrance to rehabilitation robot market growth. However, exoskeletons are increasingly being embraced as a medical device for treating chronic conditions like Parkinson’s illness and neural structure injuries that is resulting in additional proposals towards as well as health insurance coverage for exoskeletons.
Market Insights
The global Rehabilitation Robotics market is segregated on the basis of Type as Lower Extremity, Upper Extremity, and Exoskeleton. Based on Application the global Rehabilitation Robotics market is segmented in Sports and Orthopedic Medicine, Neurorehabilitation, and Military Strength Training.
The global Rehabilitation Robotics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Rehabilitation Robotics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
AlterG, Bionik, Ekso Bionics, Myomo, Hocoma, Focal Meditech, Honda Motor, Instead Technologies, Aretech, MRISAR, and others are among the major players in the global Rehabilitation Robotics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Rehabilitation Robotics Market has been segmented as below:
Rehabilitation Robotics Market, By Type
Rehabilitation Robotics Market, By Application
Rehabilitation Robotics Market, By Region
Rehabilitation Robotics Market, By Company
The report covers:
Report Scope:
The global Rehabilitation Robotics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Rehabilitation Robotics market share. Major industry players with significant revenue share include AlterG, Bionik, Ekso Bionics, Myomo, Hocoma, Focal Meditech, Honda Motor, Instead Technologies, Aretech, MRISAR, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Rehabilitation Robotics Market, By Type
5.1 Introduction
5.2 Lower Extremity
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Upper Extremity
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Exoskeleton
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Rehabilitation Robotics Market, By Application
6.1 Introduction
6.2 Sports and Orthopedic Medicine
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Neurorehabilitation
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Military Strength Training
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Rehabilitation Robotics Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Rehabilitation Robotics, By Type
7.2.2 North America Rehabilitation Robotics, By Application
7.3 Europe
7.3.1 Europe Rehabilitation Robotics, By Type
7.3.2 Europe Rehabilitation Robotics, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Rehabilitation Robotics, By Type
7.4.2 Asia-Pacific Rehabilitation Robotics, By Application
7.5 Rest of the World
7.5.1 Rest of the World Rehabilitation Robotics, By Type
7.5.2 Rest of the World Rehabilitation Robotics, By Application
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 AlterG
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Bionik
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Ekso Bionics
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Myomo
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Hocoma
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Focal Meditech
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Honda Motor
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Instead Technologies
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Aretech
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 MRISAR
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Rehabilitation Robotics Market has been segmented as below:
Rehabilitation Robotics Market, By Type
Rehabilitation Robotics Market, By Application
Rehabilitation Robotics Market, By Region
Rehabilitation Robotics Market, By Company
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