31-Dec-2019 | Zion Market Research
Zion Market Research has published a new report titled “Robotic Rehabilitation and Assistive Technologies Market by Product (Surveillance & Security, Humanoid, Rehabilitation, and Socially Assistive), Portability (Fixed base and Mobile) and Application (Stroke, Orthopedics, Cognitive & Motor Skills, Sports and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”. According to the report, global demand for Robotic Rehabilitation and Assistive Technologies market was valued at approximately USD 12,736. million in 2018, and is expected to generate revenue of around USD 28,865.21 million by end of 2025, growing at a CAGR of around 12.47% between 2019 and 2025.
Browse the full “Robotic Rehabilitation and Assistive Technologies Market: by Product (Surveillance & Security, Humanoid, Rehabilitation, and Socially Assistive), Portability (Fixed base and Mobile) and Application (Stroke, Orthopedics, Cognitive & Motor Skills, Sports and Others) – Global Industry Perspective Comprehensive Analysis and Forecast, 2019-2025” Report at https://www.zionmarketresearch.com/report/robotic-rehabilitation-and-assistive-technologies-market
Rehabilitation robotics and assistive technologies allow the use of robotic devices to rehabilitate patients with mobility issues. Robotic rehabilitation and support systems make it possible to use robots in clinical procedures to help a person heal from various diseases or disabilities, such as orthopedic trauma, neuromotor disorders, neurological conditions, strokes and cord injuries. Assistive robotics helps people with degenerative motor and/or cognitive skills to live an independent life. Technological innovations in the field of robotic rehabilitation and assistive technology provide a second look at how disability challenges can be addressed.
According to the World Health Organization (WHO) in 2016, about 1 billion people worldwide have suffered from some form of disability, around 190 million of whom have been unable to function independently on a daily basis. It is predicted that the incidence of diseases like rheumatoid arthritis, brain paralysis, spinal cord injury and other aging conditions will increase rapidly. The market for robotic rehabilitation and assistive technologies is driven by well-designed technology for the development of robotics and assistive speech technology for diagnosis and advancement of companionships. Stroke is one of the leading causes of disabled people in the world. Stakeholders in the field of robotic rehabilitation and assistive technology observed an increase in demand for mobile rehabilitation robots, as patients have to wait long hours to get an appointment for rehabilitation training due to the overwhelming response to rehabilitation services. As such, robotic arm architecture is the first-of-its-kind breakthrough in the area of robotic rehabilitation and assistive technology, consolidating an exoskeleton with soft robot engineering and exo-nerve stimulation.
The market for Robotic Rehabilitation and Assistive Technologies is segmented based on product, portability, application, and region. Based on product, the market is segmented into surveillance & security, humanoid, rehabilitation, and socially assistive. Based on portability, the market is segmented into fixed base and mobile. Based on application, the market is segmented into stroke, orthopedics, cognitive & motor skills, sports and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil. Due to the increasing prevalence of disabilities in the world, Europe is expected to hold a dominant position on the market for robotic rehabilitation and assistive technologies throughout the forecast period.
Regional segmentation comprises the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries. Europe is expected to hold a dominant position on the robotic rehabilitation and assistive technologies market throughout the forecast period due to the increasing prevalence of disabilities in the world.
Some of the players included in Robotic Rehabilitation and Assistive Technologies market are Accuray, Inc., AlterG inc., Bioxtreme Robotics Rehabilitation, Ekso Bionics, Health Robotics S.R.L., Instead Technologies, Interactive Motion Technologies, Intuitive Surgical Inc., Kinova and Mazor Robotics Ltd. amongst others.
The report segments global Robotic Rehabilitation and Assistive Technologies market as follows:
Global Robotic Rehabilitation and Assistive Technologies Market: Product Segment Analysis
Global Robotic Rehabilitation and Assistive Technologies Market: Portability Segment Analysis
Global Robotic Rehabilitation and Assistive Technologies Market: Application Segment Analysis
Global Robotic Rehabilitation and Assistive Technologies Market: Regional Segment Analysis
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