Rehabilitation Robotics Market Size Growth Statistics, Industry Demand, Top Players Business Boosting Strategies, Revenue And Forecast 2022-2031
A report on Rehabilitation Robotics Market was recently added by Kenneth Research into its database, which is aimed at providing the clients with the business growth and investment opportunities present in the market all around the world. The report covers various parameters on the basis of which the market is evaluated, including the market size, market volume and the growth rate observed by the market over the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Rehabilitation Robotics Market products.
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The Information and Communications Technologies (ICT) sector in Canada consists of more than 41,500 companies, out of which, over 37,000 companies come under the category of software and computer services industries. Hence, around 89.8% of key players in the ICT industry are involved in software and computer services, 4.5% companies are in ICT wholesaling, 3.4% in communications services and the remaining 2.2% companies are involved in ICT manufacturing in the country, as per the Canadian ICT Sector Profile released by the Government of Canada in 2018.
During the period 2017-2025, global demand for rehabilitation robotics is expected to grow by 28.9% annually and reach a cumulative market value of multi-billion-dollar scale. GMD predicts the global market to expand rapidly owing to an accelerating adoption of microprocessor controlled prosthetics (MPC prosthetics), handicap assistive robots, healthcare exoskeleton systems and others to address disability and amputation caused by stroke, orthopedic disorder and other diseases/accidents across the world. Robotic rehabilitation therapy, bionic limbs and assistive technologies are dramatically transforming the landscape of healthcare industry and lifestyle of patients and disables.
Global Rehabilitation Robotics Market 2016-2025 by Product Type (Exoskeletons, MPC Prosthetics, Assistive Robots), Application (Stroke, Orthopedics, Others), Body, Mobility and Region is based on a comprehensive research of the rehabilitation robotics market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
• M&A and Partnership
• Risk Assessment for Investing in Global Market
• Critical Success Factors (CSFs)
Specifically, potential risks associated with investing in global rehabilitation robotics market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
The report also quantifies global rehabilitation robotics market in every aspect of the classification from perspectives of product type, application, body, mobility and region.
Based on product type, the global market is segmented into the following sections with annual revenue data available for each section over 2014-2025. Regional spread of each sub-market is also studied in terms of annual sales value for 2014-2015.
• MPC Prosthetics
• Assistive Robots
• Healthcare Exoskeletons
• Others
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On basis of application, the global market is divided into the following sections with annual revenue data available for each section over 2014-2025.
• Stroke
• Orthopedics
• Others
Based on body function, the global market is segmented into the following sub-markets with annual revenue included for 2016, 2017, and 2025 for each section.
• Upper-extremity Rehabilitation Robots
• Lower-extremity Rehabilitation Robots
Based on robot mobility, the global market is split into the following segments with annual revenue in 2016, 2017, and 2025 provided for each section.
• Mobile Rehabilitation Robots
• Fixed-base Rehabilitation Robots
Geographically, the following five regions together with the listed national markets are fully investigated:
• APAC (China, Japan, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• RoW (Saudi Arabia, United Arab Emirates)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for every single year over 2014-2025. The breakdown of regional and national market by product type over the forecast years is also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles 32 rehabilitation robot vendors including market leaders and important emerging players.
Highlighted with 31 tables and 58 figures, this 170-page report provides timely data and detailed analysis to help clients targeting the global market to identify business opportunities and benchmark effective strategies.
(Note: Upon request, the report can be customized/updated to meet clients' needs.)
Key Players:
AlterG, Inc.
Assistive Innovations Corp.
Bionik Laboratories Corp.
BionX Medical Technologies, Inc.
Chas. A. Blatchford & Sons Ltd. (Endolite)
Cyberdyne, Inc.
Ekso Bionics
Focal Meditech
Freedom Innovations, LLC
Hocoma
Instead Technologies Ltd.
Invacare Corporation
Kinova Robotics
Myomo
Ossur
Otto Bock HealthCare GmbH
Parker Hannifin Corporation
Rehab-Robotics Company Limited
ReWalk Robotics Ltd.
Rex Bionics Plc.
SynTouch LLC
Teh Lin Prosthetic & Orthopaedic Inc.
Touch Bionics Inc.
U.S. Bionics, Inc. (suitX)
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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About Kenneth Research:
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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