The global demand for Medical Rehabilitation Robotics Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Medical rehabilitation robotics refers to the development of robot devices for the purpose of improving movement in people with impaired physical functioning. These robots are used in the recuperation process of disabled patients to stand up, balance and gait. There are basically two types of rehabilitation robots including an assertive robot that substitutes for lost limb movement and a therapy robot that allows patients to perform practice movement aided by robots. They help people recovering from stroke, brain injuries, spinal cord injuries and neurological disorders etc. They provide repetitive high-quality movement and different varieties of exercises for therapists.
Market Dynamics
The key factor driving the demand for medical rehabilitation robotics is the increasing rate of strokes and several other chronic diseases all over the globe. The advantages offered by robotic-assisted surgery and robot-assisted training in rehabilitation therapy as well as improving reimbursement scenarios are further pushing the demand of this market. Moreover, continuous advancements in technology, introduction of new devices and growing investment in rehabilitation robotics are expected to create lucrative growth opportunities for this market in the upcoming years. However, the high cost of robotics systems can hinder the growth of the medical rehabilitation robotics market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of medical rehabilitation robotics. The growth and trends of medical rehabilitation robotics industry provide a holistic approach to this study.
Market Segmentation
This section of the medical rehabilitation robotics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Exoskeletons
- Therapeutic/ Assistive
- Extremity
- Upper Extremity
- Lower Extremity
- Therapy Type
- Limb Mobility
- Gait
- Sensory
By Patient Type
- Adults
- Paediatric
- Application
- Neurorehabilitation
- Physical Rehabilitation
- Others
By End User
- Hospitals
- Wellness Centers
- Rehabilitation Centers
- Homecare
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Medical Rehabilitation Robotics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Medical Rehabilitation Robotics Market Share by Region (Representative Graph)
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 medical rehabilitation robotics market include Ekso Bionics, AlterG, Bionik Laboratories, Cyberdyne, ReWalk Robotics, Instead Technologies Ltd., Hocoma AG, Fourier Intelligence, Tyromotion Gmbh, Toyota Motor Corporation, BeatBots LLC and LEADERS REHAB ROBOT. This section consists of 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.
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