Wilmington, Delaware, United States, July 20, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc.: Increasing trend of implementation of assistive robotic technologies in long-term care for the elderly will continue to enrich future market outlook for robotic rehabilitation and assistive technologies. Assistive robots held the largest revenue share in the robotic rehabilitation and assistive technologies market in 2021, and the segment is expected to remain lucrative during the forecast period of 2022–2031. Globally, the size of the market is projected to reach more than US$ 5.5 Bn in 2031, advancing at a CAGR of 12.5% during the forecast period.
A deep-dive robotic rehabilitation and assistive technologies demand analysis has underscored substantial uptake of therapy robots and assistive devices in the U.S., France, the U.K., Germany, China, and Japan. The use of robots for motor rehabilitation after strokes and for treating impairments after neuromotor and orthopedic disorders is growing. The health burden of these disorders in the U.S., for instance, is fueling the market prospects.
Request Brochure of Robotic Rehabilitation and Assistive Technologies Market Research Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14957
Post-surgery applications of physical therapy robots accounted for a key market share for robotic rehabilitation and assistive technologies in 2021. The presence of an enormous patient pool has spurred the demand in the segment. Rise in demand for post-surgery rehabilitation in patients especially after orthopedic surgeries, coupled with growing patient awareness, has generated sizable revenue opportunities for key players in the robotic rehabilitation and assistive technologies market.
Key Findings of Robotic Rehabilitation and Assistive Technologies Market Study
- Rise in Use of Robotics in Rehabilitation for Impairment in Adults Presents Abundant Opportunities: The use of robotics in rehabilitation procedures is growing notably in motor impairments after strokes for treating lower-limb paralysis. Advancements in robotic rehabilitation procedures have reinforced the quality of life in the target population, thus expanding the avenues in the robotic rehabilitation and assistive technologies market. The application of therapy robots in adult patients is rising, thereby generating enormous opportunities. The evolving patients’ needs in stroke rehabilitation will expand the avenue in the robotic rehabilitation and assistive technologies market. The introduction of smart and portable rehabilitation robotic devices is likely to improve mobility in severely impaired patients.
- Adoption of Assistive Robots in Elderly Reinforcing Revenue Streams: Rise in demand of assistive robots for long-term care in the elderly has created vast lucrative avenues for firms in the robotic rehabilitation and assistive technologies market to capitalize on in recent years. Growing R&D on assistive technologies over the years has resulted in a spate of cutting-edge assistive products especially for robot-aided therapy at home. A case in point is innovation in wearable that is evoking interest among industry players. Novel technologies in robotic exoskeleton suits have opened up new frontiers in the robotic rehabilitation and assistive technologies market.
Request for Analysis of COVID-19 Impact on Robotic Rehabilitation and Assistive Technologies Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=14957
Robotic Rehabilitation and Assistive Technologies Market: Key Drivers
- High burden of cardiovascular diseases (CVDs) particularly strokes have led to short-term and permanent motor impairments in the patient population. Range of therapy robots and assistive devices for stroke rehabilitation has underpinned a vast avenue, driving the evolution of the robotic rehabilitation and assistive technologies market.
- Growing number of long-term care facilities for the elderly is a key trend bolstering the market prospects
Robotic Rehabilitation and Assistive Technologies Market: Regional Growth Dynamics
- North America held a leading share of the global robotic rehabilitation and assistive technologies market in 2021. Rise in demand for robots for treating impairments caused by chronic diseases and the presence of a well-established infrastructure are propelling the revenue growth.
- Asia Pacific is expected to witness incredible opportunities in the near future. The Asia Pacific robotic rehabilitation and assistive technologies market is projected to advance at CAGR of 13.0% during the forecast period. Rise in demand for application of robotics in physical therapy procedures will generate sizable opportunities.
Get Exclusive PDF Sample Copy of Robotic Rehabilitation and Assistive Technologies Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14957
Robotic Rehabilitation and Assistive Technologies Market: Key Players
Prominent players in the market include:
- Instead Technologies, Ltd
- Rex Bionics Ltd.
- Kinova, Inc.
- CYBERDYNE, INC
- DIH Technologies Corporation (Hocoma)
- Vincent Medical
- Ekso Bionics
- Bionik Laboratories Corp.
- AlterG, Inc.
- ReWalk Robotics
Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=14957
Robotic Rehabilitation and Assistive Technologies Market Segmentation
- Type
- Assistive Robot
- Rehabilitation Robot
- Portability
- Standalone
- Mobile
- Application
- Post-surgery
- Cognitive and Motor Skill Therapy
- Others
Regions
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Countries Covered
- U.S.
- Canada
- Germany
- U.K.
- France
- Spain
- Italy
- Russia & CIS
- Japan
- China
- India
- ASEAN
- Brazil
- Mexico
- GCC Countries
- South Africa
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:
Home Rehabilitation Products & Services Market: Rise in prevalence of chronic diseases, surge in population with disabilities, and increase in baby boomers are projected to drive the global home rehabilitation products & services market.
Clinical Laboratory Services Market: The clinical laboratory services industry size is anticipated to reach valuation of US$ 403.7 Bn with a CAGR of 6.3% during the forecast period, from 2019 to 2027.
Medical Robotic Systems Market: The driven by several important driving factors such as various benefits offered by the robot assisted training as well as robotic assisted surgery in rehabilitation therapies, improvements in the reimbursement scenario by governments around the world.
Reprocessed Medical Devices Market: The global reprocessed medical devices market is expected to cross the value of US$ 5.9 Bn by the end of 2028. It is estimated to expand at a CAGR of 14.9% from 2021 to 2028.
Implantable Medical Devices Market: The U.S. implantable medical devices market is expected to reach the value of US$ 48.3 Bn by the end of 2028. It is estimated to expand at a CAGR of 9.5% from 2021 to 2028.
Medical Devices Outsourcing Market: The global medical devices outsourcing market is expected to reach the value of US$ 232.8 Bn by the end of 2028. It is estimated to expand at a CAGR of 11.2% from 2021 to 2028.
Smart Medical Devices Market: The global smart medical devices market is expected to reach the value of US$ 70.1 Bn by the end of 2028. It is estimated to expand at a CAGR of 7.5% from 2021 to 2028.
Nitinol Medical Devices Market: The global nitinol medical devices market was valued at US$ 14,571.7 Mn in 2018 and is anticipated to expand at a CAGR of 8.5% from 2019 to 2027.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
