Wilmington, Delaware, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Global Medical Rehabilitation Robot Market is valued at US$ 324 million in 2022 and is expected to grow at a significant CAGR of over 12% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
A medical rehabilitation robot, often known as a rehab robot, is a robotic device that aids in the rehabilitation of people with impairments or those recovering from accidents or surgeries. These robots are used in physical therapy and rehabilitation settings to aid, support, and treat patients.
Disabilities and chronic illnesses such as stroke, spinal cord damage, Parkinson's disease, and orthopedic problems are on the rise. Medical rehabilitation robots provide therapeutic interventions and supportive devices to help patients heal, rehabilitate, and improve their functional capacities.
- According to a deep-dive market assessment by RationalStat, the global medical rehabilitation robot market has been analyzed on the basis of market segments, including on product, extremity, therapy, patient, application, end user and geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global medical rehabilitation robot market covers market sizes on the basis of market value (US$/EUR Million) and volume (Tons) by various products/services/ equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global medical rehabilitation robot market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Request A Customization: https://store.rationalstat.com/store/global-medical-rehabilitation-robot-market/#tab-ux_global_tab
Global Medical Rehabilitation Robot Market: Segmental and Market Share Analysis
- On the basis of product, the therapeutics/assistive segment is anticipated to account for 74.5% of the market in 2022. The ability of these devices to assist patients in moving about while collecting sensory data.
- On the basis of extremity, the upper extremities segment will account for 55% of the total market share. The creation of automatic robotic assistance devices for patients with disabilities.
- On the basis of therapy, the category of limb therapy is expected to account for 60% of the total market share. Sales are predicted to rise as a result of the development of structured robotic exoskeleton systems for minimizing labor-intensive tasks.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 802 million |
| Market Size Forecast | US$ 324 million |
| Growth Rate | 12% |
| Key Market Drivers |
|
| Companies Profiled |
|
Explore more about this report https://store.rationalstat.com/store/global-medical-rehabilitation-robot-market/#tab-ux_global_tab
Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global medical rehabilitation robot market include,
- In November 2022, H Robots, launched new cooperation for a fast-expanding robotics manufacturing business specializing in cutting-edge rehabilitation solutions. Rehabmart (Medical Device Distributor) is now selling its FDA-approved physical therapy gadget reblessTM accessible on their website rehabmart.com.
Some of the prominent players and suppliers operating and contributing significantly to the global medical rehabilitation robot market growth include Ekso Bionics Holdings Inc., AlterG, Inc., Bionik Laboratories Corp., Cyberdyne Inc., ReWalk Robotics, Instead Technologies Ltd., Hocoma AG, Fourier Intelligence, Tyromotion Gmbh, Toyota Motor Corporation, BeatBots LLC, Bioxtreme, Rex Bionics Inc., LEADERS REHAB ROBOT Co. Ltd among others.
Get A Free Sample:https://store.rationalstat.com/store/global-medical-rehabilitation-robot-market/#tab-ux_global_tab
RationalStat has segmented the global medical rehabilitation robot market based on product, extremity, therapy, patient, application, end user, and region
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Product
- Exoskeletons
- Therapeutic/Assistive
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Extremity
- Upper Extremity
- Arm
- Wrist
- Shoulder
- Elbow
- Lower Extremity
- Upper Extremity
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Therapy
- Limb Mobility
- Gait
- Sensory
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Patient
- Adults
- Pediatric
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Application
- Neurorehabilitation
- Physical Rehabilitation
- Others
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by End User
- Hospitals
- Wellness Centers
- Rehabilitation Centers
- Homecare
- Global Medical Rehabilitation Robot Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Region
- North America Medical Rehabilitation Robot Market
- US
- Canada
- Latin America Medical Rehabilitation Robot Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Medical Rehabilitation Robot Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Medical Rehabilitation Robot Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Medical Rehabilitation Robot Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Medical Rehabilitation Robot Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Medical Rehabilitation Robot Market
For more information about this report https://store.rationalstat.com/store/global-medical-rehabilitation-robot-market/
Key Questions Answered in the Medical Rehabilitation Robot Report:
- What will be the market value of the global medical rehabilitation robot market by 2030?
- What is the market size of the global medical rehabilitation robot market?
- What are the market drivers of the global medical rehabilitation robot market?
- What are the key trends in the global medical rehabilitation robot market?
- Which is the leading region in the global medical rehabilitation robot market?
- What are the major companies operating in the global medical rehabilitation robot market?
- What are the market shares by key segments in the global medical rehabilitation robot market?
Explore Our Trending Reports
- Global Service Robotics Market – Global Service Robotics Market is expected to grow at a CAGR of 4.8% over the forecast period of 2022-2028.
- Global Robotic Motion Control Market- Global Robotic Motion Control Market is expected to grow at a CAGR of 19.4% over the forecast period of 2022-2028.
- Global Industrial Robotics Market - Global Industrial Robotics Market is expected to grow at a CAGR of 12.8% over the forecast period of 2022-2028.
- Global Gantry Robot Market - Global Gantry Robot Market is expected to grow at a CAGR of 5.8% over the forecast period of 2022-2028.
- Global Medical Rehabilitation Robotics Market- Medical rehabilitation market is estimated at US$ 135 million in 2022 and poised to grow significantly during the forecast period.
- Global Agricultural Robots Market - Global Agricultural Robots market is expected to grow at a CAGR of around 15% over the forecast period of 2022-2028.
- Global COBOT Market - The primary factors driving development include increasing usage among Small and Medium Enterprises (SMEs) and investments in manufacturing process automation.
- Global UVC Disinfectant Robot Market - Global market for UVC disinfection robot is expected to grow at a CAGR of more than 30% during the forecast period 2019-2028.
- Global Cooking Robots Market - Global cooking robots market is estimated to witness a robust growth rate of over 15% over the period of 2019–2028.
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
To get any Deep Down Insight on the Report- Raise a Query
About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
Contact
RationalStat LLC
Kimberly Shaw,
Content and Press Manager
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest
