Rehabilitation Robots Market Trends

Growth Drivers

• High Share of the Aging Population with Physical and Mental Disorders - In fact, the high proportion of older people with physical and mental disabilities is the main driver of the rehabilitation robots market. According to a report, the world population over the age of 60 is expected to reach 2 billion by 2050, from 900 million in 2018. Additionally, according to the National Institute of Mental Health, an estimated 26% of Americans aged 18 and older suffer from a particular year with a mental disorder. 
• Evolution of Digitalization and Adoption of Robots - Advances in digitalization and the introduction of robots are indeed key factors driving the rehabilitation robots market. For instance, the demand for home healthcare services is increasing due to the rising demand for comfort for patients. Rehabilitation robots are becoming smaller, more portable, easier to use, and more suitable for home use. InMotion ARM, a robotic arm rehabilitation system, can be used in patients’ homes to provide continuous rehabilitation therapy and reduce the need for in-person visits. 
• High Demand for Robotic Medical Sector – Hospitals across the world on a large scale have started integrating robotics technology in the rehabilitation units. Thus, the growing demand for robotics in this center is estimated to boost market growth in the upcoming times.

Challenges

• Limited Effectiveness - Rehabilitation robots have shown the potential to improve patient outcomes, but their efficacy is still being researched. Further research is needed to determine which patients may benefit most from these devices and which specific interventions are most effective. This might pose a challenge to the market growth in the upcoming times.
• High-Priced Manufacturing and Development of Required Contemporary A.I.
• Scarcity of Distribution Channels for Rehabilitation Robots