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Rehabilitation Robots Market To Witness Significant Growth Due To Emergence of Covid-19 | AlterG, InMotion Robotics, Ekso Bionics, Myomo Inc., Hocoma AG, Chatanoonga, Patterson

December 17th, 2021 Coherent Market Insights Releases

Overview:

Rehabilitation robotics is a field that involves research focused on development of robotic to extend rehabilitation. Rehabilitation therapy focuses on repairing sensory, physical, and mental disabilities of people resulted from illness or injuries. Patients suffering from various injuries, diseases, including arthritis, cancer, cardiac disease, amputations, neurological problems, orthopedic injuries, traumatic brain injuries, spinal cord injuries, and stroke are prescribed robotic rehabilitation. Robotic rehabilitation also provides passive upper limb movement to patients with severe paresis.

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Drivers:

Rising old age population and increasing cases of disorders such as dementia, cerebral palsy, rheumatoid arthritis, and other age related disabilities are expected to propel growth of the global rehabilitation robots market. For instance, in 2013, the CDC reported that arthritis affects nearly 52.5 million people, which is about 23% of the overall population of adults in the U.S.

Increasing cases of spinal cord injury is also expected to boost growth of the global rehabilitation robots market. For instance, in 2016, the Centers for Disease Control and Prevention (CDC) reported that around 200,000 people experienced spinal cord injury and the incidence rate per year is 15-40 new cases every million people, which accounts for 12,000-20,000 new cases every year.

Restraints:

Factors such as high-cost rehabilitation robotic devices are expected to hinder growth of the global rehabilitation robots market in underdeveloped and emerging countries.

Market taxonomy:

The global rehabilitation robots market is divided by product type, end user and region.

By Product Type:

  • Prosthetics, Orthotics

  • Assistive Robots

  • Exoskeleton Robotic

  • Therapeutic Robots

By End User:

  • Rehabilitation Centers,

  • Medical Clinics

  • Hospitals

By Region:

  • North America

  • Europe

  • Latin America

  • Middle East

  • Asia Pacific

  • Africa

Regional Analysis:

Among regions, North America is expected to witness significant growth in the rehabilitation robots market during the forecast period due to increasing cases of spinal cord injuries, and rising R&D activities for robots due to growing demand for rehabilitation robots in the region. For instance, in 2015, the National Spinal Cord Injury Statistical Center estimated that severe spinal cord injuries affect around 236,000 – 327,000 people in the U.S.

๐‚๐ก๐ซ๐ข๐ฌ๐ญ๐ฆ๐š๐ฌ ๐’๐š๐ฅ๐ž ๐ˆ๐ฌ ๐‹๐ข๐ฏ๐ž!!!!!!!

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐Ž ๐€๐ฏ๐š๐ข๐ฅ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐…๐ซ๐จ๐ฆ ๐Ÿ๐Ÿ“-๐Ÿ‘๐ŸŽ% ๐“๐ข๐ฅ๐ฅ ๐Ÿ‘๐Ÿ-๐ƒ๐ž๐œ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ

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Moreover, Asia Pacific is also expected to witness strong growth in the Rehabilitation robots market due to extensive development in infrastructure and increasing chronic diseases cases such as orthopedic injuries, traumatic brain injuries, spinal cord injuries and arthritis, in the region.

Major players:

Major players active in the global rehabilitation robots market are InMotion Robotics, Myomo Inc., Chatanoonga, Interactive Motion Technologies (BioNik), AlterG, Ekso Bionics, Hocoma AG, and Patterson.

Key developments:

In November 2019, Toyota Motor Corporation (Toyota) announced the launch of โ€˜Welwalk WW-2000โ€™, a novel rehabilitation robot designed for providing support to people having paralysed lower limbs.

In June 2019, the U.S. FDA granted approval to ReWalk Robotics, Ltd., for its โ€˜ReStore Exo-Suitโ€™, a first soft robotic device for the stroke treatment.

In May 2019, ReWalk Robotics, Ltd., was approved with CE mark to sell โ€˜ReStore Exo-Suitโ€™ to rehabilitation clinics in European Union. The device is designed for the use during walking rehabilitation treatment for patients improving from stroke.

In January 2019, BIONIK Laboratories Corp., a healthcare organization announced the launch of new-gen โ€˜InMotion ARM/HANDโ€™ robotic system designed for rehabilitation of patients suffering from stroke.

In October 2018, The Hong Kong Polytechnic University (PolyU) developed a โ€˜mobile exo-neuro-musculo-skeletonโ€™ robotic arm for rehabilitation of stroke patient.

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Frequently Asked Questions:

  1. What will be the market size and the growth rate by the end of the forecast period?
  2. What are the key Rehabilitation Robots Market trends impacting the growth of the market?
  3. What are the potential growth opportunities and threats faced by the leading competitors in the market?
  4. What are the key outcomes of Porterโ€™s five forces analysis and the SWOT analysis of the key players functioning in the global Rehabilitation Robots Market?
  5. What are the market opportunities and threats faced by the vendors in the Rehabilitation Robots Market?
    Table of Content

Table Of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Rehabilitation Robots Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Rehabilitation Robots Industry Impact

Chapter 2 Global Rehabilitation Robots Competition by Types, Applications, and Top Regions and Countries
2.1 Global Rehabilitation Robots (Volume and Value) by Type
2.3 Global Rehabilitation Robots (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Rehabilitation Robots Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Rehabilitation Robots Market Analysis
Chapter 6 East Asia Rehabilitation Robots Market Analysis
Chapter 7 Europe Rehabilitation Robots Market Analysis
Chapter 8 South Asia Rehabilitation Robots Market Analysis
Chapter 9 Southeast Asia Rehabilitation Robots Market Analysis
Chapter 10 Middle East Rehabilitation Robots Market Analysis
Chapter 11 Africa Rehabilitation Robots Market Analysis
Chapter 12 Oceania Rehabilitation Robots Market Analysis
Chapter 13 South America Rehabilitation Robots Market Analysis
Chapter 14 Company Profiles and Key Figures in Rehabilitation Robots Business
Chapter 15 Global Rehabilitation Robots Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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