Robotic Rehabilitation and Assistive Technologies Market Analysis

  • Report ID: 4581
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Robotic Rehabilitation and Assistive Technologies Market Analysis

Portability (Standalone, Mobile)

The global robotic rehabilitation and assistive technologies market is segmented and analyzed for demand and supply by portability into standalone and mobile. Out of the two types of segments, the standalone segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the surge in the prevalence of disabilities, followed by the development of new technologies such as stereotactic technology. For instance, there are more than 1 billion disabled individuals worldwide which equates to around 195 million persons (15% of the world’s population) aged 15 and older experiencing disabilities or frequently needing medical treatment. Moreover, advantageous reimbursement policies and the effectiveness of the system’s in-patient rehabilitation are a few other aspects projected to propel the growth of the segment in the market.

Type (Assistive, Rehabilitation Robot)

The global robotic rehabilitation and assistive technologies market is also segmented and analyzed for demand and supply by type into assistive and rehabilitation robots. Amongst these two segments, the assistive robot segment is expected to garner a significant share by the end of 2036. The growth of the segment is backed by the fact that these robots provide required assistance for people who are dealing with disabilities and face countless issues to perform daily activities. It was estimated that nearly 2 billion people of the global population is estimated to be living with some sort of disability.

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

              By Type

  • Assistive Robot
  • Rehabilitation Robot

 

               By Portability

  • Standalone
  • Mobile

               By Application

  • Post-Surgery
  • Cognitive & Motor Skill Therapy
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4581
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of robotic rehabilitation and assistive technologies is evaluated at USD 2.59 Billion.

The robotic rehabilitation and assistive technologies market size was over USD 2.28 Billion in 2023 and is projected to exceed USD 12.24 Billion by the end of 2036, growing at over 13.8% CAGR during the forecast period i.e., between 2024-2036. Increasing incidence of orthopedic illnesses is the major factor driving the market growth.

North America is predicted to account for majority industry share by 2036, attributed to rising chronic disease prevalence coupled escalating geriatric population, and a strong healthcare industry.

AlterG, Inc., Bionik Laboratories Corp., Ekso Bionics Holdings, Inc., Vincent Medical Holdings Limited, Hocoma AG, CYBERDYNE Inc., Kinova inc., Rex Bionics Ltd, Instead Technologies Ltd.
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