Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.08 Billion | USD 5.91 Billion | 12.3% | 2023 |
FrequentlyAsked Questions
The segment in the Robotic Rehabilitation and Assistive Technologies Market are Based on product, the market is segmented into surveillance & security, humanoid, rehabilitation, and socially assistive. Based on portability, the market is segmented into fixed base and mobile. Based on application, the market is segmented into stroke, orthopedics, cognitive & motor skills, sports, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as the US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil.
The robotic Rehabilitation and Assistive Technologies market is growing at a CAGR value of around 12.3% between 2024 to 2032.
Total market Size value of the Robotic Rehabilitation and Assistive Technologies market expected to generate revenue of around $ 2.08 Billion in 2023 to $ 5.91 Billion by 2032, with an anticipated CAGR of around 12.3% from 2024 to 2032.
The Robotic Rehabilitation and Assistive Technologies market size was valued at approximately $ 2.08 Billion in 2023 to $ 5.91 Billion by 2032, with an anticipated CAGR of around 12.3% from 2024 to 2032.
Leading Companies / Key players within the global Robotic Rehabilitation and Assistive Technologies market include Accuray Inc, AlterG inc., Bioxtreme Robotics Rehabilitation, Ekso Bionics, Health Robotics S.R.L., Instead Technologies, Interactive Motion Technologies, Intuitive Surgical Inc, Kinova and Mazor Robotics Ltd. amongst others.
The demand for robotic rehabilitation and assistive technologies is powered by well-designed technology to develop robotics and assistive speech technology systems for treatment and companionship development. Stroke is one of the world's leading causes for people with disabilities. Stakeholders in the field of robotic rehabilitation and assistive technology have noted an increase in demand for mobile rehabilitation robots, as patients have to wait long hours to get a rehabilitation training appointment due to the overwhelming response to rehabilitation services.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil. Due to the increasing prevalence of disabilities in the world, Europe is expected to hold a dominant position on the market for robotic rehabilitation and assistive technologies throughout the forecast period.
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