Robotic Rehabilitation and Assistive Technologies Market Share

North American Market Forecast   

The North America robotic rehabilitation and assistive technologies market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The growth of the market can be attributed majorly to the rising chronic disease prevalence coupled escalating geriatric population, and a strong healthcare industry is expected to drive the growth of the market in North America during the forecast period. For instance, the U.S. has more than 54 million adults aged 65 and older, or roughly 16.5% of the population in 2022, according to the U.S.  Census Bureau. Apart from that higher prevalence of cardiovascular diseases (CVDs) in the region, backed by the growth in robotic rehabilitation and assistive technologies owing to the ongoing development of robotics in North America, is projected to enlarge the market’s size during the forecast period. As of 2019, nearly 40% of the population in the USA was diagnosed with cardiovascular diseases and approximately 6 million people lost their lives owing to stroke in a similar year. Therefore, all these factors are expected to drive the growth of the market in the region during the forecast period.