Asia Pacific Gait Rehabilitation System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Mechanical Type, and Computer-aided), End User (Hospital, Clinic, Rehabilitation Center, and Other)
The Asia Pacific gait rehabilitation system market is expected to reach US$ 89.1 million by 2028 from US$ 57.9 million in 2021. The market is estimated to grow at a CAGR of 6.4% from 2021-to 2028. People suffering from orthopedic conditions prefer high-quality orthopedic care and associated therapies. Professional sports players prefer advanced, high-quality gait rehabilitation systems for early recovery from sports injuries. A rise in demand among sports celebrities is expected to encourage market players to produce more significant products with upgraded features. The preference for better-quality, easy-to-use gait rehabilitation systems is an essential factor giving rise to many trends in the market, adding to the popularity of physical therapies over ingestible medications and invasive, painful procedures.
The conventional devices are comparatively less patient-friendly and require multiple operating persons. For instance, traditional gait therapy has limitations over the currently available fully-automated system. Therapists are exposed to physical strain, limited training duration, intensity, little patient feedback, and the Gait pattern is neither reproducible nor physiological. Thus, patients and therapists prefer the technologically advanced and automated robotic system for gait training.
Based on product type, the mechanical type segment is expected to register the largest market share during the forecast period. In 2021, the mechanical type segment was estimated to account for the largest market share in the Asia Pacific gait rehabilitation system market. The growth of this segment is attributed to the increasing incidence of neurological disorders, rising number of sports injuries, and orthopedic diseases cases are among the other factors. Moreover, the Computer-aided segment is expected to witness the fastest growth during the forecast period due to rising adoption and preference by patients for automated and robotic-assisted therapies.
The COVID-19 pandemic primarily affected the APAC countries, such as India, China, Japan, and South Korea. With negative inflation, GDP, and unemployment rising in the region, the socio-economy was severely hit. The pandemic affected three main aspects of the global economy: manufacturing, supply chain, and the business and financial markets. Japan, China, South Korea, India, and Australia are the hardest-hit countries due to the rising number of COVID-19 cases and related deaths. Medical device manufacturers and suppliers are shifting their focus to developing and supplying COVID-19 essentials and medical devices for respiratory diseases. This scenario harms the market. This pandemic is affecting the operations of the various key players operating in this region. Several physiotherapy clinics and centers have been closed from the 15th survey by the PPTA to determine the impact of COVID-19 on physiotherapy practice due to the country's lockdown.
Currently, the focus is on those robotics projects that may be cheaper than existing imported options. The research for the AGAPAY project, which was developed for rehabilitation after stroke, aims at creating a biomimetic exoskeleton for the upper body, particularly for the shoulders, upper and forearms, wrists, and hands. According to Tenido, a LIF fellow from the Royal Academy of Engineering, the AGAPAY project aims to help overburdened clinics and therapists while providing patients with reliable, easy-to-use, safe, affordable and effective treatment. Exercises with the exoskeletons can be carried out semi-automatically so that a single therapist can care for several patients simultaneously. The robots track the patient's progress in real-time and can thus accelerate the recovery process.
The overall Asia Pacific gait rehabilitation system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for this regional market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in this regional market. Companies adopt a few strategies, such as mergers and acquisitions and new initiatives, to promote market growth. zebris Medical GmbH; PRODROMUS SA; Reha Technology AG; DIH Medical; Meditouch; HIWIN Corporation; Restorative Therapies, Inc.; Meden-Inmed Sp. z o.o.; and Groupe WINNCARE are the leading players in the market.
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