The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s rehabilitation robotics market report forecasts the rehabilitation robotics market size to grow to $2.56 Billion by 2027, with a CAGR (compound annual growth rate) of more than 21%.

Learn More On The Rehabilitation Robotics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/rehabilitation-robotics-global-market-report

Rehabilitation Robotics Market Size Forecast
The global rehabilitation robotics market is expected to grow from $0.97 billion in 2022 to $1.18 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rehabilitation robotics market size is expected to grow to $2.56 billion in 2027 at a CAGR of 21.4%.

North America held the largest rehabilitation robotics market share and was the fastest-growing region in 2022.

Key Rehabilitation Robotics Market Driver ­– Rise In The Instances Of Strokes, Injuries, And Neurological Diseases
For instance, according to the world Health Organization (WHO), a Switzerland-based health agency of the united nations, in 2022, 50 million people globally were suffering from epilepsy, nearly 80% of them were living in low and middle-income countries. Hence, the rising instances of strokes, and neurological diseases is predicted to hike the demand for rehabilitation devices including rehabilitation robots.

Request for A Sample Of The Global Rehabilitation Robotics Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6422&type=smp

Key Rehabilitation Robotics Market Trend – Adopting Assistive Robotics
The rapid adoption of assistive robotics for faster and more effective treatment has been a major trend in the rehabilitation robotics market. The adoption of assistive robots in the medical field is rising, for a faster and more effective treatment process and thus companies are investing more in new product development to meet the demand. For instance, In January 2022, Labrador Systems, Inc., a US-based early-stage robotics company specializing in assistive robots, introduced the Labrador Retriever. Labrador Retriever is a personal robot that helps people live more independently by offering useful, hands-on assistance with daily tasks around the house. The robot serves as an extra set of hands, assisting people in carrying heavy loads and bringing necessary objects to close at hand. It is intended to ease the burden on the people whose everyday activities are impacted by chronic pain, injuries, or other medical conditions.

Rehabilitation Robotics Market Segment
1) By Type: Exoskeleton Robots, Therapeutic Robots, Assistive Robots, Prosthetic Robots
2) By Patient Type: Adult, Pediatrics
3) By Part: Lower Extremity, Upper Extremity
4) By Application: Gait Therapy, Limb Mobility
5) By End User: Rehabilitation Centers, Hospitals

Rehabilitation Robotics Market Major Players and Strategies
Major players in the rehabilitation robotics market are Myomo Inc., Bionik Laboratories Corporation, Hocoma AG, Cyberdyne Inc., ReWalk Robotics Ltd., Ekso Bionics, Rex Bionics Ltd., AlterG Inc., RU Robots, Woodway, Tyromotion, ABILITY Switzerland AG, Motek Medical B.V., Reha Technology AG, Man&Tel Co., Ltd., Rehab-robotics Company Limited, Kinova, MRISAR, and Robotdalen.

In December 2020, Harmonic Bionics, Inc., a Texas-based robotic technology company, partnered with H Robotics, Inc. This partnership will help with the reblessTM smart rehabilitation device’s US distribution. The FDA-approved robotic exercise therapy device reblessTM gives the elbow, wrist, ankle, and knee joints movement. H Robotics, Inc. is a Korea-based company that develops, manufactures, and distributes state-of-the-art rehabilitation solutions.

The Rehabilitation Robotics Global Market Report 2023 covers regional data on rehabilitation robotics market size, rehabilitation robotics market trends and drivers, opportunities, strategies, and rehabilitation robotics market competitor analysis. The countries covered in the rehabilitation robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Rehabilitation robotics is the division of robotics for the development of robots that are used to help people to recover from physical trauma. The rehabilitation robots are automated machines that are designed to improve the movement of disabled persons with impaired physical functioning. The rehabilitation robotics are used to improve the movement of people with impaired physical functioning.

View More Reports Related To The Rehabilitation Robotics Market –
Medical Robotics Global Market Report 2023
Robotics And Automation Actuators Global Market Report 2023
Robotics Technology Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: