The demand for rehabilitation robots market is poised to grow substantially over 2023-2032 owing to the rising number of trauma cases among the geriatric population worldwide.
Individuals aged 65 years and above are highly susceptible to aging-related degeneration and physical disability. Moreover, the elderly population suffers from chronic diseases such as diabetes, and heart conditions, which elevate the risk of disability, driving the need for rehabilitation services. As per the National Commission on Population, the elderly population will account for 18% of India's total population by 2032.
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Ongoing advancements in technology and innovation are focusing on developing a new generation of rehab robots capable of making informed AI-enabled therapeutic decisions and gaining sophisticated sensory input. Future robots will create comprehensive solutions along with realistic & immersive VR exercises and an optimum cost-benefit ratio.
Based on the extremity, the market is classified into upper and lower segments. The rehabilitation robots market share from the upper extremity segment was worth more than USD 89 million in 2022. Rehab robots are being used to treat and manage upper extremity dysfunction caused by an accident, trauma, or disorders such as stroke. Due to the impact of upper extremity disability on patients' lifestyles, the need for rehab robots has emerged stronger.
In terms of application, the industry is segmented into spinal cord injuries, acquired brain injuries, and others. Among these, the spinal cord injuries segment could be valued at over USD 114 million by 2032. Rehab robots are gaining traction across gait training applications to treat patients with spinal cord injury, enabling patients with adequate cognitive engagement for limb activation during gait. The rising number of spinal cord injuries will fuel the demand for rehab robots over the forecast years.
With regard to end-use, the market is divided into hospitals & clinics, rehabilitation centers, and others. The deployment of rehab robots is set to increase as hospitals and clinics ramp up investment in advanced technologies for better patient recovery and output. Hefty government funding in healthcare infrastructure and the establishment of state-of-the-art hospitals featuring skilled personnel and modern robots, AI, and IoT-based solutions will boost the market growth.
In the regional landscape, Europe rehabilitation robots market was worth more than USD 59 million in 2022. The growing geriatric population, increasing healthcare spending, and massive patient pool will spur the adoption of rehab robots in Europe. Moreover, the presence of leading healthcare agencies in the region implementing supportive initiatives for boosting awareness and integration of robotics in healthcare will supplement industry growth.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Industry coverage
1.2 Market scope & definitions
1.3 Base estimates & working
1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data sources
1.7.1 Primary
1.7.2 Secondary
1.7.2.1 Paid sources
1.7.2.2 Unpaid sources
Chapter 2 Executive Summary
2.1 Rehabilitation robots industry 3600 synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Type trends
2.1.3 Robotic structure trends
2.1.4 Extremity trends
2.1.5 Patient trends
2.1.6 Application trends
2.1.7 End-use trends
2.1.8 Regional trends
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The new research report titled "Rehabilitation Robots Market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the rehabilitation robots market include Hocoma, Ekso Bionics, AlterG, Inc., Bionik Labs, Instead Technologies Ltd., Motus Nova, Kinova Inc., Meditouch, Wearable Robotics Srl and ReWalkRoboticsS.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Rehabilitation Robots Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/rehabilitation-robots-market/download-sampleMarket DynamicsThe global rehabilitation robot market is witnessing rapid and vast developments.
Rehabilitation robotics is a relatively nascent and rapidly growing field, with increasing penetration into the clinical environment.
