Global Healthcare Assistive Robot Market Size study & Forecast, by Type (Care Robot, Surgical Assistive Robot), by Portability (Fixed Base, Mobile), by End-User (Hospitals and Clinics, Rehabilitation Centers, Others) and Regional Analysis, 2022-2029
Global Healthcare Assistive Robot Market is valued at approximately USD 8.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.6 % over the forecast period 2022-2029. Healthcare assistive robots are deployed in operating rooms and other clinical settings to aid medical practitioners and enhance patient care. Also, these robots are gaining high traction in a wide range of applications because of their quicker processes and lower risk. These robots autonomously clean and prepare patient rooms, along with reducing face-to-face interaction in infectious illness wards. The thriving growth in medical tourism in developing economies, the rising prevalence of strokes and spinal cord injuries, coupled with the increase in the adoption of assistive robots in rehabilitation therapies are the key factors that are contributing to market growth across the globe.
In addition, the escalating geriatric population is further exhibiting a positive influence on the market growth as these robots help in faster processes, risk reduction, and improved patient care. For instance, the World Health Organization (WHO) reported that the number of aging people is increasing from 1 billion in 2020 to 1.5 billion in 2030 around the world. Thus, these aforementioned factors are burgeoning the market demand during the estimated years. Moreover, the rising emphasis on introducing innovative products, as well as the growing investment in R&D activities are presenting various lucrative opportunities over the forecasting years. However, the lack of social awareness regarding the benefits of adopting assistive robotic systems and some risks of injuries and accidents associated are hampering the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Healthcare Assistive Robot Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing awareness regarding innovative and advanced use of robotics, along with the increase in investment in healthcare. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing incidence of bone injuries, growth in the purchasing power of populated countries, and the presence of the medical devices industry in the market space.
Major market players included in this report are:
Cyberdyne, Inc.
Hocoma AG
HONDA Motor Co. Ltd.
ReWalk Robotics Ltd.
KUKA AG Medtronic plc
Intuitive Surgical, Inc.
GaitTronics Inc.
Bionik Laboratories
Focal Meditech Barrett Technology, LLC
Ekso Bionics Holdings, Inc.
Recent Developments in the Market:
In December 2022, Ekso Bionics announced acquisition of the Human Motion and Control Business unit that comprises Indego product line from Parker Hannifin Corporation.
Global Healthcare Assistive Robot Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Portability, End-User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Care Robot
Surgical Assistive Robot
By Portability:
Fixed Base
Mobile
By End-User:
Hospitals and Clinics
Rehabilitation Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Companies Mentioned
Cyberdyne, Inc.
Hocoma AG
HONDA Motor Co. Ltd.
ReWalk Robotics Ltd.
KUKA AG Medtronic plc
Intuitive Surgical, Inc.
GaitTronics Inc.
Bionik Laboratories
Focal Meditech Barrett Technology, LLC
Ekso Bionics Holdings, Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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