In a recent published report, Kenneth Research has updated the Market report for Global Rehabilitation Robotics Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Rehabilitation Robotics Market Products.
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During the period 2017-2025, global demand for rehabilitation robotics is expected to grow by 28.9% annually and reach a cumulative market value of multi-billion-dollar scale. GMD predicts the global market to expand rapidly owing to an accelerating adoption of microprocessor controlled prosthetics (MPC prosthetics), handicap assistive robots, healthcare exoskeleton systems and others to address disability and amputation caused by stroke, orthopedic disorder and other diseases/accidents across the world. Robotic rehabilitation therapy, bionic limbs and assistive technologies are dramatically transforming the landscape of healthcare industry and lifestyle of patients and disables.
According to the statistics by the Bureau of Economic Analysis (BEA) of the U.S. Dept. of Commerce, the gross output registered from the data processing, internet publishing and other information services industry grew from USD 162.5 Billions in 2010 to USD 530.4 Billion in 2020.
Global Rehabilitation Robotics Market 2016-2025 by Product Type (Exoskeletons, MPC Prosthetics, Assistive Robots), Application (Stroke, Orthopedics, Others), Body, Mobility and Region is based on a comprehensive research of the rehabilitation robotics market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
• M&A and Partnership
• Risk Assessment for Investing in Global Market
• Critical Success Factors (CSFs)
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Specifically, potential risks associated with investing in global rehabilitation robotics market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
The report also quantifies global rehabilitation robotics market in every aspect of the classification from perspectives of product type, application, body, mobility and region.
Based on product type, the global market is segmented into the following sections with annual revenue data available for each section over 2014-2025. Regional spread of each sub-market is also studied in terms of annual sales value for 2014-2015.
• MPC Prosthetics
• Assistive Robots
• Healthcare Exoskeletons
• Others
On basis of application, the global market is divided into the following sections with annual revenue data available for each section over 2014-2025.
• Stroke
• Orthopedics
• Others
Based on body function, the global market is segmented into the following sub-markets with annual revenue included for 2016, 2017, and 2025 for each section.
• Upper-extremity Rehabilitation Robots
• Lower-extremity Rehabilitation Robots
Based on robot mobility, the global market is split into the following segments with annual revenue in 2016, 2017, and 2025 provided for each section.
• Mobile Rehabilitation Robots
• Fixed-base Rehabilitation Robots
Geographically, the following five regions together with the listed national markets are fully investigated:
• APAC (China, Japan, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• RoW (Saudi Arabia, United Arab Emirates)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for every single year over 2014-2025. The breakdown of regional and national market by product type over the forecast years is also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles 32 rehabilitation robot vendors including market leaders and important emerging players.
Highlighted with 31 tables and 58 figures, this 170-page report provides timely data and detailed analysis to help clients targeting the global market to identify business opportunities and benchmark effective strategies.
(Note: Upon request, the report can be customized/updated to meet clients’ needs.)
Key Players:
AlterG, Inc.
Assistive Innovations Corp.
Bionik Laboratories Corp.
BionX Medical Technologies, Inc.
Chas. A. Blatchford & Sons Ltd. (Endolite)
Cyberdyne, Inc.
Ekso Bionics
Focal Meditech
Freedom Innovations, LLC
Hocoma
Instead Technologies Ltd.
Invacare Corporation
Kinova Robotics
Myomo
Ossur
Otto Bock HealthCare GmbH
Parker Hannifin Corporation
Rehab-Robotics Company Limited
ReWalk Robotics Ltd.
Rex Bionics Plc.
SynTouch LLC
Teh Lin Prosthetic & Orthopaedic Inc.
Touch Bionics Inc.
U.S. Bionics, Inc. (suitX)
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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