12-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Robotic Rehabilitation and Assistive Technologies Market by Product (Surveillance & Security, Humanoid, Rehabilitation, and Socially Assistive), Portability (Fixed base and Mobile) and Application (Stroke, Orthopedics, Cognitive & Motor Skills, Sports and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Robotic Rehabilitation and Assistive Technologies Market in 2019 was approximately USD 16,003.98 Million. The market is expected to grow at a CAGR of 12.55% and is anticipated to reach around USD 32,536.87 Million by 2026.
Robotics therapy and assistive technology allow the use of robotic systems to rehabilitate patients with mobility problems. Robotic therapy and support systems require the use of robotics in surgical operations to help a person cure various diseases or injuries, such as orthopedic trauma, neuromotor problems, neurological disorders, strokes, and cord injury.
Assistive robotics allows people with degenerative physical and/or cognitive abilities to live independent life. Technological improvements in the field of digital therapy and assistive technology provide a second look at how the problems of disabilities can be tackled.
Browse the full “Robotic Rehabilitation and Assistive Technologies Market by Product (Surveillance & Security, Humanoid, Rehabilitation, and Socially Assistive), Portability (Fixed base and Mobile), and Application (Stroke, Orthopedics, Cognitive & Motor Skills, Sports and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/robotic-rehabilitation-and-assistive-technologies-market-by-product-707
Throughout 2016, according to the World Health Organization (WHO), about 1 billion people worldwide suffered from some form of disability, of which around 190 million were unable to function independently on a daily basis. The prevalence of disorders such as rheumatoid arthritis, brain damage, spinal cord injury, and other aging conditions is expected to increase rapidly.
The robotic rehabilitation and assistive technologies market is driven by well-designed robots engineering technology and assistive speech technology to treat and improve companionship. Stroke is among the world's leading causes among people with disabilities.
Robotic therapy and assistive technology companies noticed an increase in demand for mobile rehabilitation devices when patients have to wait long hours to get a therapeutic training appointment due to the overwhelming response to rehabilitation services. As such, robotic arm construction is the first-of-its-kind innovation in the field of robotic therapy and assistive technology, consolidating an exoskeleton with exo-nerve stimulation and soft device development.
Segmental Overview:
The market for Robotic Rehabilitation and Assistive Technologies is divided into product, portability, application, and region. The product segment is classified into humanoid, rehabilitation, surveillance & security, and socially assistive. The portability segment is divided into fixed and mobile.
The application segment is classified into a fixed base and mobile. Based on application, the market is segmented into orthopedics, cognitive & motor skills, stroke, sports, and others.
Regional Overview:
Geographically the market is segmented into the regions that comprise the current and forecast market demand for the Asia Pacific, North America, Europe, Latin America, and Middle East & Africa with its further split into major countries. Europe is expected to hold a dominant position on the robotic therapy and assistive technology market throughout the forecast period, due to the increasing prevalence of disabilities in the world.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 16,003.98 Million |
Projected Market Size in 2026 |
USD 32,536.87 Million |
CAGR Growth Rate |
12.55% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Mazor Robotics Ltd., Kinova, Intuitive Surgical Inc., Interactive Motion Technologies, Instead Technologies, Health Robotics S.R.L., Ekso Bionics, Bioxtreme Robotics Rehabilitation, AlterGinc, Accuray Inc., and others. |
Key Segment |
By Product, Portability, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Competitive Landscape:
Some of the players included in the Robotic Rehabilitation and Assistive Technologies market are Mazor Robotics Ltd., Kinova, Intuitive Surgical Inc., Interactive Motion Technologies, Instead Technologies, Health Robotics S.R.L., Ekso Bionics, Bioxtreme Robotics Rehabilitation, AlterGinc. and Accuray, Inc. amongst others.
This report segments the Robotic Rehabilitation and Assistive Technologies market as follows:
Global Robotic Rehabilitation and Assistive Technologies Market: Product Segment Analysis
- Surveillance & Security,
- Humanoid,
- Rehabilitation,
- Socially Assistive
Global Robotic Rehabilitation and Assistive Technologies Market: Portability Segment Analysis
Global Robotic Rehabilitation and Assistive Technologies Market: Application Segment Analysis
- Stroke
- Orthopedics
- Cognitive & Motor Skills
- Sports
- Others
Global Robotic Rehabilitation and Assistive Technologies Market: Regional Segment Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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