The Global Rehabilitation Robots Market is projected to reach US$ 3.0 billion by 2027, expanding at a CAGR of 26.13% during the forecast period. Robot-assisted therapy systems are being increasingly used in rehabilitation processes as they provide countless benefits in performing repeated movements during goal-directed tasks, the evaluation of different physiological and functional parameters during rehabilitation exercises, improving motivation, and assisting home exercises and training.
Rehabilitation refers to a process of restoring a person’s ability to live and work as normally as possible after a disabling injury or illness. The rehabilitation process is largely dependent on the equipment used to provide optimum assistance and care during patient handling.
Emerging countries such as India, China, and Brazil offer immense opportunities for the growth of the rehabilitation equipment market. This is attributed to the large target patient population in these countries. According to the State Council of the People’s Republic of China, in 2021, more than 85 million people in China were suffering from varying degrees of disabilities. This indicates the enormous end-user base in the country. Supportive policies initiated by government organizations in these economies are also expected to contribute significantly to market growth in the coming years.
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Some of the major players in the global Rehabilitation Robots Market are Bionik Laboratories Corp., Tyromotion GmbH, Rex Bionics Ltd., ReWalk Robotics, Cyberdyne Inc., Rehab-Robotics Company Limited, Parker, Cyberdyne Inc. Hannifin Corp., Ekso Bionics Holdings Inc., Hocoma AG and other key market players.
The companies are focusing on new product development strategies joint ventures, agreements and partnerships and expansion strategies to increase their market share. In 2020, BIONIK Laboratories launches InMotion Connect, a cloud-based data analytics solution, to meet the data connectivity and analytics needs of hospitals and healthcare facilities nationwide.
Global Rehabilitation Robots Market Segment, By Type
Lower Extremity
Upper Extremity
Full-Body Exoskeletons
Therapeutic
Global Rehabilitation Robots Market Segment, By Application
Rehabilitation Centers
Hospitals
Other
Global Rehabilitation Robots Market Segment, By Region
North America (United States, Canada, Mexico)
Europe (UK, France, Germany, Italy, Spain, Russia, Rest of Europe)
Asia Pacific (China, Japan, South Korea, India, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
Global Rehabilitation Robots Market Segment by Company
Bionik Laboratories Corp.
Bioxtreme
Corindus, Inc.
Cyberdyne Inc.
Ekso Bionics Holdings Inc.
Hocoma AG
Parker Hannifin Corp.
Rehab-Robotics Company Limited
ReWalk Robotics
Rex Bionics Ltd.
Tyromotion GmbH
Motorika
Alterg
Assistive-Innovations
Aitreat
Aretech
Axosuits Srl
Bamateknoloji
Barrett
Biodex
Bioness
Others
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