Rehabilitation Robot Market Report: Trends, Forecast and Competitive Analysis to 2030

Rehabilitation Robot Trends and Forecast

The future of the global rehabilitation robot market looks promising with opportunities in the hospitals & clinic, senior care facilities, and homecare settings markets. The global rehabilitation robot market is expected to reach an estimated $627.2 million by 2030 with a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are growing per capita healthcare spending and increased use of technologically sophisticated medical equipment, increased frequency of stroke and the constantly expanding elderly population, and growing diseases such as cumulative trauma disorder, repetitive strain injury, and occupational overuse syndromes that have a beneficial influence on the market.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Rehabilitation Robot by Segment

The study includes a forecast for the global rehabilitation robot by type, extremity, end use, and region.

Rehabilitation Robot Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Therapy Robots
• Exoskeleton

Rehabilitation Robot Market by Extremity [Shipment Analysis by Value from 2018 to 2030]:

• Upper Body
• Lower Body

Rehabilitation Robot Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals & Clinics
• Senior Care Facilities
• Homecare Settings
• Others

Rehabilitation Robot Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Rehabilitation Robot Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rehabilitation robot companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rehabilitation robot companies profiled in this report include-

• Tyromotion
• Life Science Robotics
• Hocoma
• Rex Bionics
• Kinova
• Rehab-Robotics
• ReWalk Robotics
• Ekso Bionics Holdings
• Cyberdyne
• Bionik Laboratories

Rehabilitation Robot Market Insights

Lucintel forecasts that exoskeleton will remain the larger segment over the forecast period due to increasing number of senior citizens, growing acceptance and knowledge of these exoskeletons in medicine, as well as, increasing rates of stroke, spinal cord damage, and paralysis,

North America will remain the largest region over the forecast period due to the rising rate of spinal cord injuries in the area, as well as, increased numbers of elderly people and those with disabilities in the region.

Features of the Global Rehabilitation Robot Market

Market Size Estimates: Rehabilitation robot market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Rehabilitation robot market size by type, extremity, end use, and region in terms of value ($M).

Regional Analysis: Rehabilitation robot market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, extremity, end use, and regions for the rehabilitation robot market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rehabilitation robot market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the rehabilitation robot market size?

Answer: The global rehabilitation robot market is expected to reach an estimated $627.2 million by 2030.

Q2. What is the growth forecast for rehabilitation robot market?

Answer: The global rehabilitation robot market is expected to grow with a CAGR of 16.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the rehabilitation robot market?

Answer: The major drivers for this market are growing per capita healthcare spending and increased use of technologically sophisticated medical equipment, increased frequency of stroke and the constantly expanding elderly population, and growing diseases such as cumulative trauma disorder, repetitive strain injury, and occupational overuse syndromes that have a beneficial influence on the market.

Q4. What are the major segments for rehabilitation robot market?

Answer: The future of the global rehabilitation robot market looks promising with opportunities in the hospitals & clinic, senior care facilities, and homecare settings markets.

Q5. Who are the key rehabilitation robot market companies?

Answer: Some of the key rehabilitation robot companies are as follows:

• Tyromotion
• Life Science Robotics
• Hocoma
• Rex Bionics
• Kinova
• Rehab-Robotics
• ReWalk Robotics
• Ekso Bionics Holdings
• Cyberdyne
• Bionik Laboratories

Q6. Which rehabilitation robot market segment will be the largest in future?

Answer: Lucintel forecasts that exoskeleton will remain the larger segment over the forecast period due to increasing number of senior citizens, growing acceptance and knowledge of these exoskeletons in medicine, as well as, increasing rates of stroke, spinal cord damage, and paralysis,

Q7. In rehabilitation robot market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the rising rate of spinal cord injuries in the area, as well as, increased numbers of elderly people and those with disabilities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the rehabilitation robot market by type (therapy robots and exoskeleton), extremity (upper body and lower body), end use (hospitals & clinics, senior care facilities, homecare settings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?