The United States is expected to hold a share of about 44.6% of the global medical rehabilitation robotics market in 2023. Veterinary Rehabilitation Services market to expand at a CAGR of about 9.06% between 2023 and 2033.
NEWARK, Del., Feb. 28, 2023 (GLOBE NEWSWIRE) — Globally The robotics market for medical rehabilitation is currently worth USD 428.9 million and is expected to reach USD 1.76 billion by 2033 at a dazzling CAGR of 15.2% between 2023 and 2033.
WHO states that the year 2021 witnessed 1.71 billion people suffering from musculoskeletal disorders. The figure certainly calls for the use of rehabilitation robots since the devices help physically impaired patients or patients with different abilities to maintain balance, stand and maintain gait.
Robotics for medical rehabilitation has countless advantages – such as offering those with spinal cord injury the opportunity to stand and walk at a lower metabolic cost. The market is also home to several technological advancements, such as the inclusion of ML and AI with several advanced sensors. Explosive geriatric population is another factor contributing to the growth of the medical rehabilitation robotics market.
Get a copy of the report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14242
In line with the above, PARO appears as a companion robot that is specifically designed for those suffering from Alzheimer’s disease, dementia and various other cognitive disorders. dr. Takanori Shibata of Japan’s National Institute of Advanced Industrial Science and Technology designed this assistive robot to help people with disabilities complete daily activities such as eating and walking.
A robotic lower body exoskeleton is used to assist those with paralysis of the lower limbs and stimulate muscle activity in them.
Future Market Insights has gone through these facts with future perspectives in its latest market study titled ‘Medical Rehabilitation Robotics Market’ with its team of analysts and consultants using a 360 degree view in its primary, secondary and tertiary research mode.
“With Spike in stroke cases, the global medical rehabilitation robotics market is expected to become bright in the near future,” says an analyst from Future Market Insights.
Key data from the medical rehabilitation robotics market
-
North America holds more than 40% of the market share due to the increasing incidence of spinal cord injuries accompanied by the increasing aging and number of people with disabilities.
-
Europe has a significant market share with Germany leading the way with Spain, Denmark and the United Kingdom leading the way.
-
Asia Pacific is expected to grow rapidly in the medical rehabilitation robotics market, with countries such as Japan gaining the status of a ‘super-aged society’.
Talk to our research expert: https://www.futuremarketinsights.com/ask-question/rep-gb-14242
Competitive robotics
-
Ekso Bionics Holdings, Inc. received approval from the US FDA to market the EksoNR robotic exoskeleton for use in patients suffering from MS (multiple sclerosis).
-
Tyromotion recently completed the acquisition of yband therapy AG (a start-up based in Switzerland) to encourage patient ownership of recovery with state-of-the-art motion tracking devices.
-
In January 2019, Bionik Laboratories Corporation launched the InMotion ARM/HAND robotic system for the clinical rehabilitation of stroke survivors and those with movement difficulties due to neurological conditions. The advanced robotic system was developed in accordance with the principles of motor learning as well as neuroplasticity and uses artificial intelligence and data analysis to provide individualized therapy to patients.
-
ReWalk Robotics, Inc., announced in June 2019 that the US FDA has approved the ReStore soft exosuit system for sale to rehabilitation centers across the US.
-
Cyberdyne Inc. received US FDA approval in January 2018 to sell the HAL (Hybrid Assistive Limb) lower body exoskeleton in licensed medical facilities across the US.
-
In 2020, Stryker Corporation received regulatory approval for the MAKO robotic surgical system in Japan for the partial knee indication.
-
In 2020, Accuray launched the CyberKnife S7 System, which emerges as the next-generation CyberKnife platform with advanced AI-driven real-time motion tracking as well as synchronized treatment delivery for SBRT (stereotactic body radiation therapy) and SRS (stereotactic radiosurgery).
-
In 2020, Medtronic completed its acquisition of Medicrea through AI, patient implants and predictive modeling.
-
In 2019, Intuitive Surgical received US FDA clearance for the da Vinci Single Port Surgical System.
Profiled key companies:
-
Ekso Bionics Holdings Inc.
-
AlterG Inc.
-
Bionik Laboratories Corp.
-
Cyberdyne Inc.
-
Rewalk Robotics.
-
Technologies Ltd instead.
-
Hocoma AG.
-
Fourier Intelligene
-
Tyromotion Gmbh
-
Toyota Motor Corporation
-
BeatBots LLC
-
Bioxtreme
-
Rex Bionics Inc.
-
LEADERS REHAB ROBOT Co. Ltd.
Buy the full report: https://www.futuremarketinsights.com/checkout/14242
What does the Report say?
-
The research study is based on product (exoskeletons and therapeutic/assistive), by extremity (upper extremity (hand, wrist, shoulder and elbow) and lower extremity), by therapy (limb mobility, gait and senses), by patient (adults and pediatrics ), by application (neurorehabilitation, physical rehabilitation and others), by end user (hospitals, wellness centers, rehabilitation centers and home care).
-
With the increasing incidence of cumulative traumatic disorder, occupational overuse syndrome and repetitive strain injuries, the global medical rehabilitation robotics market is sure to grow at a high rate in the near future.
Key segments covered in the Medical Rehabilitation Robotics industry study
By product:
-
Exoskeletons
-
Therapeutic/helpful
By extremity:
-
Upper extremity
-
Lower extremity
After therapy:
Per patient:
Upon registration:
-
Neurorehabilitation
-
Physical rehabilitation
-
Other
End user:
-
Hospitals
-
Wellness centers
-
Rehabilitation centers
-
Home care
Table of contents
1. Executive summary | The robotics market for medical rehabilitation
1.1. Global market outlook
1.2. Trends on the demand side
1.3. Supply-side trends
1.4. Analysis and recommendations
2. Market overview
2.1. Market coverage / Taxonomy
2.2. Market definition / scope / limitations
2.3. Inclusions and exclusions
Full TOC with report overview: https://www.futuremarketinsights.com/reports/medical-rehabilitation-robotics-market
See related healthcare research reports:
Non-Fusion Spine Devices Market Size – The non-fusion spinal devices market is expected to be valued at US$ 4.37 billion in 2023. The market is projected to grow at a CAGR of 4.8% from 2023 to 2033, to reach a market value of US$ 6.99 billion by 2033.
Growth of the dementia treatment market – The global dementia management market is expected to garner a market value of USD 35 million in 2023 and is expected to accumulate a market value of USD 75.56 million by registering a CAGR of 8% during the forecast period 2023 to 2033.
Cryoglobulinemia Treatment Market Share – The global cryoglobulinemia treatment market is expected to garner a market value of USD 496 million in 2023 and is expected to accumulate a market value of USD 888.26 million by registering a CAGR of 6% during the forecast period 2023 to 2033.
Market demand for cloud healthcare infrastructure – A newly released Future Market Insights healthcare cloud infrastructure market analysis report shows that the global healthcare cloud infrastructure market sales will reach USD 45.1 billion in 2022. With a CAGR of 23.9%, the market is projected to reach a value of USD 464.1 billion by 2033.
Magnetic Resonance Coils Market Forecast – A newly released Magnetic Resonance Coil market analysis report Future Market Insights shows that the global sales of Magnetic Resonance Coils will reach USD 8.5 billion in 2022. With a CAGR of 8.3% from 2023 to 2033.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market information and consulting services, serving clients in more than 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help businesses meet challenges and make key decisions with confidence and clarity amid cutthroat competition. Our customized and syndicated market research reports provide actionable insights that drive sustainable growth. The expert-led analyst team at FMI continuously monitors new trends and events across a wide range of industries to ensure our clients are prepared for the evolving needs of their consumers.
Contact us:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| blogs | YouTube
For sales inquiries: [email protected]
