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The value of the global rehabilitation robots market was USD 0.85 billion in 2023, driven by the development of advanced robotic technologies that offer better patient outcomes across the globe. The market is expected to grow at a CAGR of 20.9% during the forecast period of 2024-2032 to reach value of USD 4.65 billion by 2032.
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Rehabilitation robots are machines that are used to analyse the amount and type of assistance required during therapy sessions for mechanical actions. This technology is used to provide customised, task-oriented, intensive, and repeatable training that can be carried out for a long period of time. The field of rehabilitation robots is rapidly developing and it increasingly penetrating the clinical field.
With the growing geriatric population, cases related to motor disorders are growing around the world. Noticing this scenario, key players in the healthcare sector are investing in technological development to provide therapy and care services to the older population.
The number of cases of motor disorders or injuries such as Parkinson’s disease, Cerebral Palsy, Strokes, and Multiple Sclerosis is rising. Healthcare professionals and institutions are increasingly adopting and developing rehabilitation robots to assist patients with the treatment of various conditions.
Rehabilitation robot developers are increasingly implementing advanced technologies such as AI and ML with state-of-the-art sensor technologies, which can help in providing improved diagnosis and treatment.
The rehabilitation robots market is growing rapidly as it gains traction for various therapy procedures. However, the majority of the devices are created for therapeutic services for adults. There is a significant demand for rehabilitation robots for children. Research institutes and market players shifting their focus on designing an effective device for children with chronic disabilities can provide beneficial opportunities for the market.
Although the rehabilitation robot therapeutics market is expanding rapidly, the therapy and treatment services come with a high cost. This is due to the significant amount of investment made by healthcare providers for the device, and the maintenance and routine are also relatively high. This can be a major impeding factor for the growth of the market.
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Based on type, the market can be segmented into assistive robots, therapeutic robots, and exoskeleton robots, among others. Based on the end-use, the market bifurcations include hospitals and rehabilitation centres. The regional markets for the rehabilitation robot market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global rehabilitation robots market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
Based on type, the rehabilitation robots market divisions include assistive robots, therapeutic robots, and exoskeleton robots, among others.
The exoskeleton robots are expected to hold the largest share of the market owing to the increasing prevalence of disorders such as cerebral palsy, paralysis, stroke, and spinal cord injury. The growing geriatric population is also a major growth factor for the market.
With the rising number of cases for such disorders and increasing awareness for treatment, exoskeletons are growing in adoption for medical care services.
Based on end-use, the rehabilitation robots market can be bifurcated into hospitals and rehabilitation centres.
The hospitals hold a major share of the market and are expected to experience significant development during the forecast period, owing to the increasing healthcare expenditure for infrastructural development. Healthcare organisations are also focusing on adopting advanced technologies for their care services.
In addition, with the rising awareness among people, more people are opting to receive treatment and the majority of the patients opt for hospitals over rehabilitation centres as their first option for treatment.
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Rex Bionics Ltd. is a healthcare company specializing in the manufacturing of medical equipment including robotics, exoskeleton, physiotherapy, and exoskeleton. The company is headquartered in Auckland, United States with rehabilitation centres in other regions including the United Kingdom, the Middle East, Australia, and New Zealand.
Ekso Bionics is a pioneer in the development and manufacturing of powered exoskeleton bionic devices. The company was founded in 2005 and is headquartered in California, United States. The technology developed by Ekso Bionics is utilised to help people regain mobility.
CYBERDYNE INC. is a robotics and technology company engaged in the development of medical equipment. The company also manufactures and sells medical products and provides rental and training services. Cyberdyne is known for its main product, HAL, a robotic exoskeleton suit.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End User |
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| Breakup by Region |
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| Supplier Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for rehabilitation robots reached a size of USD 0.85 billion.
The market is expected to grow at a CAGR of 20.9% during the period 2024-2032.
The market is expected to reach a value of USD 4.65 billion by 2032.
The market is driven by the growing geriatric population around the world and the increasing awareness among people for rehabilitation services.
The rising implementation of advanced technologies for improved treatment procedures and the development of a device for paediatric rehabilitation are expected to bring new growth opportunities to the market.
The regional markets for the market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The types of rehabilitation robots available in the market include assistive robots, therapeutic robots, and exoskeleton robots, among others.
The end-users of rehabilitation robots include hospitals and rehabilitation centres.
The key players in the market include Rex Bionics Ltd., Ekso Bionics, Bionik, Cyberdyne Inc., Hocoma AG, ReWalk Robotics Ltd, Rehab-Robotics Company Limited, Life Science Robotics ApS, Tyromotion GmbH and Others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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