Tuesday, 02 January 2024 12:17 GMT

Upper-Limb Home Therapy Robot Market Set To Reach $3.42 Billion By 2029


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What Is The Expected Cagr For The Upper-Limb Home Therapy Robot Market Through 2025?
In recent years, there has been a significant expansion in the market size of home therapy robots for upper-limb. It is projected to rise from $1.43 billion in 2024 to $1.70 billion in 2025, with a compound annual growth rate (CAGR) of 19.5%. The previous growth can be credited to greater emphasis on models of care that focus on the patient, expanded investment in healthcare robotics, heightened demand for tailor-made rehabilitation, increasing incorporation of robotics into rehabilitation centers, and a growing market for wearable rehabilitation devices.

There is projected to be accelerated expansion in the market size of the home therapy robot for the upper-limb. By 2029, the market valuation is predicted to reach $3.43 billion, with a compound annual growth rate (CAGR) of 19.1%. This predicted growth within the forecast period can be linked to an increase in neurological disorders, a growing aging demographic, amplified demand for healthcare at home, an increase in the uptake of telehealth and remote patient monitoring, alongside a heightened level of awareness and acceptance for robot-driven therapies. The forecast period is likely to be characterized by major trends such as the technological evolution in robotics, the assimilation of artificial intelligence (AI) and machine learning, advances in wearable sensor tech, the rise of exoskeleton and end-effector robots, along with improvements in haptic feedback technology.

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What Are The Key Factors Driving Growth In The Upper-Limb Home Therapy Robot Market?
The escalating rate of neurological disorders is projected to fuel the expansion of the upper-limb home therapy robot market. Neurological disorders are medical conditions that hinder the typical functionality of the nervous system, impacting movement, cognition, or sensory capabilities. The surge in these disorders chiefly comes from an aging population, given that older people are increasingly susceptible to brain cell decay and neurological conditions related to age. Upper-limb home therapy robots provide support for patients dealing with these disorders through the provision of regular, tailored arm workouts that encourage neuroplasticity and expedite the restoration of compromised motor skills. For instance, data from the Alzheimer's Association, a nonprofit organization based in the US, showed that in March 2023, approximately 6.7 million Americans aged 65 or more were battling Alzheimer's dementia. Consequently, the escalating occurrence of neurological disorders is propelling the growth of the upper-limb home therapy robot market.

What Are The Top Players Operating In The Upper-Limb Home Therapy Robot Market?
Major players in the Upper-Limb Home Therapy Robot Global Market Report 2025 include:
. Fourier Intelligence
. Kinova Robotics
. Cyberdyne Inc.
. Hocoma AG
. Neofect
. EGZOTech
. Tyromotion GmbH
. H Robotics Inc.
. Focal Meditech BV
. Barrett Technology Inc.

What Are The Top Trends In The Upper-Limb Home Therapy Robot Industry?
Leaders in the upper-limb home therapy robot market, such as rehabilitation robots, are concentrating on the creation of cutting-edge solutions to offer tailor-made therapy and hasten the recovery of patients with neurological or musculoskeletal complications. These rehabilitation robots are robotic or automated tools engineered to assist, reinforce, and progress patients' motor functionality recuperation, especially in the upper or lower limbs, using directed exercises, recurring movements, and personalized therapy. As an illustration, in November 2023, Shanghai Siyi Intelligent Technology Co. Ltd., a tech company based in China, rolled out the upper limb rehabilitation robot (SY-UEA2) and the hand rehabilitation robot (BCI) SY-BR09. These inventions aim to provide bespoke at-home therapy and boost motor recuperation. The syrebo upper limb rehabilitation robot (SY-UEA2) fosters arm and shoulder rehabilitation through meticulous optical-positioning control, adjustable training methods, and live motion feedback for comprehensive rehabilitation at patients' residences or clinics. The hand rehabilitation robot (BCI) SY-BR09, on the other hand, employs a brain-computer interface and adaptable robotics to regain delicate motor control, catalyzing neural reconnection and expedited recuperation for stroke and nerve damage patients. Collectively, they offer smart, interactive, and customized neurological rehabilitation that enhances autonomy, mobility, and life quality.

Comprehensive Segment-Wise Insights Into The Upper-Limb Home Therapy Robot Market
The upper-limb home therapy robotmarket covered in this report is segmented –
1) By Product Type: Exoskeleton Robots, End-Effector Robots, Wearable Robots, Other Product Types
2) By Therapy Type: Active Therapy, Passive Therapy, Assistive Therapy, Other Therapy Types
3) By Distribution Channel: Online, Offline
4) By Application: Stroke Rehabilitation, Orthopedic Rehabilitation, Neurological Rehabilitation, Other Applications
5) By End-User: Hospitals, Rehabilitation Centers, Homecare Settings, Other End-Users

Subsegments:
1) By Exoskeleton Robots: Active Exoskeleton Robots, Passive Exoskeleton Robots, Hybrid Exoskeleton Robots
2) By End-Effector Robots: Rehabilitation End-Effector Robots, Training End-Effector Robots, Assistive End-Effector Robots
3) By Wearable Robots: Upper Arm Wearable Robots, Forearm Wearable Robots, Hand Wearable Robots
4) By Other Product Types: Assistive Glove Robots, Soft Robotic Sleeves, Motorized Support Devices

View the full upper-limb home therapy robot market report:

Global Upper-Limb Home Therapy Robot Market - Regional Insights
In the 2025 Upper-Limb Home Therapy Robot Global Market Report, North America emerged as the dominant region from the previous year. The region forecasted to experience the most rapid growth, however, is Asia-Pacific. The report encompasses the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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