Market Analysis and Insights: Global Rehabilitation Robotics Market

Rehabilitation Robotics is a field of research dedicated to understanding and augmenting rehabilitation through the application of robotic devices. Rehabilitation robotics includes development of robotic devices tailored for assisting different sensorimotor functions (e.g. arm, hand, leg, ankle), development of different schemes of assisting therapeutic training, and assessment of sensorimotor performance (ability to move) of patient; here, robots are used mainly as therapy aids instead of assistive devices. Rehabilitation using robotics is generally well tolerated by patients, and has been found to be an effective adjunct to therapy in individuals suffering from motor impairments, especially due to stroke.

Due to the COVID-19 pandemic, the global Rehabilitation Robotics market size is estimated to be worth US$ 162 million in 2022 and is forecast to a readjusted size of US$ 375.3 million by 2029 with a CAGR of 12.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Lower Extremity accounting for % of the Rehabilitation Robotics global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Sports and Orthopedic Medicine segment is altered to an % CAGR throughout this forecast period.

The technical barriers of Rehabilitation Robotics are relatively high, resulting in high level concentration degree. The key companies in Rehabilitation Robotics market are AlterG, Hocoma and Ekso Bionics, etc. The enterprises are concentrated in USA and Europe. USA is the largest production and sales country, occupied about 30% of global sales market.

Global Rehabilitation Robotics Scope and Market Size

The global Rehabilitation Robotics market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Rehabilitation Robotics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Lower Extremity

Upper Extremity

Exoskeleton


Segment by Application


Sports and Orthopedic Medicine

Neurorehabilitation

Military Strength Training

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


AlterG

Bionik

Ekso Bionics

Myomo

Hocoma

Focal Meditech

Honda Motor

Instead Technologies

Aretech

MRISAR

Tyromotion

Motorika

Rex Bionics