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Rehabilitation Robots Market - By Type (Assistive Robot, Therapy Robot), By Robotic Structure (End-effector Robots, Exoskeleton Robots), By Extremity (Upper Extremity, Lower Extremity), By Patient, By Application, End-use & Forecast, 2023 - 2032


Published on: 2024-08-01 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Rehabilitation Robots Market - By Type (Assistive Robot, Therapy Robot), By Robotic Structure (End-effector Robots, Exoskeleton Robots), By Extremity (Upper Extremity, Lower Extremity), By Patient, By Application, End-use & Forecast, 2023 - 2032

Rehabilitation Robots Market Size

Rehabilitation Robots Market size was valued at over USD 212 million in 2022 and is projected to depict over 21% CAGR between 2023-2032 owing to increasing prevalence of brain disorders will enhance the demand for rehab robots.
 

Rehabilitation Robots Market

As per data released by the Brain Injury Association of America, the U.S. reports 2.8 million traumatic brain injury cases every year, indicating a significant need for neurological rehabilitation. Individuals suffering from trauma or disorders associated with the nervous system require a physiotherapist-monitored rehabilitation program. Such programs ensure better care, well-being, recovery, and engagement of people with neurological conditions. Robotics is transforming the space of neurological rehabilitation and post-traumatic brain injury management with advanced interventions to speed up motor learning, and neuroplasticity.
 

High cost of rehab robots may create roadblocks for the industry players, influencing product adoption. Hefty expenses associated with R&D and technology integration add to the final cost of the product. Due to the high level of sophistication, exoskeleton robots are manufactured by a few companies with zero access and availability of cost-effective alternatives. The average cost of rehabilitation robots is USD 70,000 with additional expenses associated with annual maintenance, which may limit the adoption of these systems.
 

Rehabilitation Robots Market Analysis

 Rehabilitation Robots Market Size, By Type

Therapy rehabilitation robots market valuation will cross USD 926 million by 2032. Therapy robots are deployed across healthcare facilities and hospitals to facilitate rehab services to patients. These devices help patients work on their mobility to improve movement. Robotic-enabled physiotherapy offers a vast range of benefits including a faster recovery process, and sensors capable of recording patients’ toques, and velocities. It also helps prevent fatigue and exertion in patients associated with excessive muscle training with an option to customize the process, which may fuel product demand. 
 

 

Exoskeleton rehabilitation robots market will grow at 22% CAGR by 2032. The growing trend of wearable devices is fueling the adoption of exoskeleton robots to help reduce fatigue in patients and speed up the recovery of muscles. These rehabilitation robots effectively cover and protect internal body structures, allowing patients to perform external bodily movements. Manufacturers of medical devices are rapidly integrating IoT and AI to capture data, supporting a new generation of mobile robots, robotic arms, and collaborative robots.
 

 

Rehabilitation Robots Market Revenue Share, By Application

Rehabilitation robots market from acquired brain injuries segment exceeded over USD 133 million in 2022. The growing progression for rehab services to treat acquired brain injury caused by different conditions such as brain tumors, stroke, aneurysms, and traumatic brain injuries will propel product adoption. Complexities associated with brain injuries necessitate technology intervention for faster treatment and care, thus driving the development for rehab robots in neurological treatment.
 

 

North America Rehabilitation Robots Market

North America rehabilitation robots market revenue is poised to hit USD 574 million by 2032. This growth is due to the presence of a robust footprint of leading rehab robot manufacturers. Additionally, the large patient population, hefty healthcare expenditure, and the growing collaboration between healthcare centers and industry players will enable market expansion.
 

Rehabilitation Robots Market Share

Some of the key companies include

  • Rex Bionics Ltd
  • Ekso Bionics Holdings Inc.
  • Cyberdyne Inc
  • Bionik Laboratories Corporation
  • Rehab-Robotics Company Limited
  • DIH Medical
  • TYROMOTION GMBH
  • Leaders Rehab Robot Co. Ltd
  • ReWalk Robotics
  • AlterG
  • MediTouch
  • Reha-Stim Medtec AG
  • Fourier Intelligence
  •  Bioxtreme.
     

Recent Developments

  • December 2022Ekso Bionics acquired the human motion & control business unit of Parker Hannifin Corporation along with its Indego lower limb exoskeleton product line to expand the company’s global footprint.
     

Rehabilitation robots market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million & Units from 2018 to 2032, for the following segments

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By Type

  • Assistive Robot
  • Therapy Robot

By Robotic Structure

  • End-effector Robots
  • Exoskeleton Robots

By Extremity

  • Upper Extremity
  • Lower Extremity

By Patient

  • Adults
  • Pediatric

By Application

  • Acquired Brain Injuries
  • Spinal Cord Injuries
  • Others

By End-use

  • Hospitals & Clinics
  • Rehabilitation Centers
  • Others

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Belgium
    • Sweden
    • Poland
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Thailand
    • Indonesia
    • Malaysia
    • Vietnam
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
    • Peru
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Turkey

 

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )