Rehabilitation Training Robotics Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: AlterG, Bionik, Ekso Bionics, Myomo, Hocoma

The global Rehabilitation Training Robotics market size is expected to grow at US$ 3,195.30 million in 2027 at a compound annual growth rate (CAGR) of 22.2%.

Rehabilitation Training Robotics Market Overview

Rehabilitation robots are used to assist impaired people in rising up, balancing, and walking. The makers of these machines must make sure that they will be consistent with the patient's progress because these robots must keep up with humans and their movements. Due to reasons including the ageing population, stroke, and robot-assisted training in rehabilitation therapy, the market for rehabilitation robots is predicted to develop significantly in the upcoming years. The exorbitant price of the devices, however, is impeding market expansion. The ageing population and an increase in stroke cases that render individuals immobile are two main factors pushing the rehabilitation robots market share. The therapeutics robots’ market is expected to expand at a notable CAGR over the course of the forecast period, supporting the analysis of the rehabilitation robot’s market. The market revenue for rehabilitation robots may increase due to increased investments by major players.

The need for rehabilitation robots will also be fueled by the rising prevalence of conditions including cerebral palsy, multiple sclerosis, Parkinson's disease, and spinal cord injuries. These elements are projected to fuel market expansion. One of the primary factors driving the worldwide rehabilitation robots market growth is an increase in the number of people suffering from paralysis, quadriplegia, and amputation. Additionally, the demand for rehabilitation robots is rising as a result of the ageing population, which is more susceptible to illnesses. Another significant growth-promoting aspect is the incorporation of voice-recognition algorithms to improve the functioning and adaptability of the gadgets. In addition, the top players are concentrating on fusing rehabilitation robotics with the Internet of Things (IoT) to assist medical practitioners in providing assessment and treatment to patients online. In order to increase patient motivation, they are also making investments in the creation of lightweight variations, making items available over-the-counter, and fusing virtual reality (VR) and video games.

Industry News and Updates

June 23, 2022: BIONIK Laboratories Announces the Sale & Installation of a New InMotion® ARM/HAND Robotic Device to Tampa General Hospital for its Rehabilitation Center --

BIONIK Laboratories Corp. (OTCQB: BNKL) ("BIONIK" or the "Company"), a robotics company focused on providing rehabilitation and assistive technology solutions to stroke survivors and others with neurological and mobility challenges from hospital to home, announced today that Tampa General Hospital (TGH), a part of the Kindred Healthcare network, has purchased and recently installed an InMotion® ARM/HAND Interactive Therapy System at its Rehabilitation Hospital as part of its missions to offer customized, intense rehabilitation tailored to the individual needs of those recovering from stroke, brain injury, neurological conditions, and more.

What are the major Applications, Types and Regions for Rehabilitation Training Robotics Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Lower Extremity


• Upper Extremity


• Exoskeleton

By Application, it is segmented into

• Sports and Orthopedic Medicine


• Neurorehabilitation


• Military Strength Training

Rehabilitation Training Robotics Market Regional Analysis

North America dominated the rehabilitation robots market in 2018 as a result of increased use of new technology, higher per capita healthcare expenditure, and suitable reimbursement policies. The demand for therapeutic robots in Asia Pacific is expected to grow significantly by the end of the forecast period as a result of rising awareness about diseases like Alzheimer's and dementia. According to the United Nations (UN), % of the world's disabled people live in Asia and the Pacific. These trends are causing the use of prosthetic and handicap-assistance robots to increase more quickly in the area. Due to the rest of the world's improving healthcare infrastructure and the slow acceptance of new technologies in nations like Brazil, Mexico, and others, this region is predicted to have a moderate market growth by the end of 2026.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Rehabilitation Training Robotics Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Rehabilitation Training Robotics Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Rehabilitation Training Robotics Market report scope?

Key Takeaways from this Rehabilitation Training Robotics Market Report

• Evaluate Rehabilitation Training Robotics market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Rehabilitation Training Robotics market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Rehabilitation Training Robotics Market?

The Rehabilitation Training Robotics Market is growing at a CAGR of 22.2% over the next 5 years.

Who are the key players in Rehabilitation Training Robotics Market?

AlterG, Bionik, Ekso Bionics, Myomo, Hocoma, Focal Meditech, Honda Motor, Instead Technologies, Aretech, MRISAR, Tyromotion, Motorika, SF Robot, Rex Bionics

What are the significant types of Rehabilitation Training Robotics Market?

Lower Extremity, Upper Extremity, Exoskeleton

What are the major end-use applications of Rehabilitation Training Robotics Market?

Sports and Orthopedic Medicine, Neurorehabilitation, Military Strength Training

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