Rehabilitation Robots Market Analysis

  • Report ID: 4049
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Rehabilitation Robots Market Analysis

Type (Assistive, Therapeutic, Surgical, Exoskeleton Robot)

The exoskeleton robot segment is poised to dominate the global rehabilitation robots market by registering a CAGR of 38% in the time period between 2023-2036. Exoskeletons are designed to accelerate human strength and other medical capabilities. The increasing number of patients with physical movement disorders such as Parkinson's disease, stroke, etc. is a major factor accelerating the demand for exoskeletons as these diseases limit voluntary body movements and cause problems in daily routine activities. Robotic exoskeletons are emerging as rehabilitation tools to improve a variety of health-related outcomes after spinal cord injury. For instance, ReWalk is the first exoskeleton to receive FDA clearance for rehabilitation use in the United States. This robotic exoskeleton enables people with spinal cord injuries to stand, walk, roll over, and climb.  

End-User (Hospital, Orphanage, Nursing Home)

The hospital segment in the rehabilitation robots market is set to hold the largest revenue share of 48% by the end of 2036. This growth is primarily due to rising healthcare costs and the rapid adoption of advanced technology in healthcare facilities. Additionally, a large population with musculoskeletal disorders, spinal cord injuries, etc. tend to move to hospitals for rehabilitation therapy, fueling the growth of this segment. 

Our in-depth analysis of the global market includes the following segments:

            Type

  • Assistive
  • Therapeutic
  • Surgical
  • Exoskeleton Robot

 

             Patient Type

  • Mentally-ill
  • Disabled
  • Pediatrics

 

                End User

  • Hospital
  • Orphanage
  • Nursing Home
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4049
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of rehabilitation robots is estimated at USD 284 Million.

The rehabilitation robots market size was valued at USD 224 Million in 2023 and is anticipated to cross USD 1.96 Billion by the end of 2036, expanding at more than 18.9% CAGR during the forecast period i.e., between 2024-2036. The increasing number of senior citizens with physical disorders and the high prevalence of spinal cord injuries are expected factors driving the growth of the market.

North America industry is estimated to hold 35% revenue share by 2036, backed by the the remarkable deployment of advanced technology along with the growing healthcare sector in the region.

Hocoma AG, MAN&TEL Co., Ltd., CYBERDYNE Inc., Myomo Inc., ReWalk Robotics Ltd., Reha Technology AG, Motek Medical B.V., Ekso Bionics Holdings, Inc., BIONIK Laboratory Corp., ABILITY Network Inc.
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