Robotic Rehabilitation and Assistive Technologies Market

Robotic Rehabilitation and
Assistive Technologies
Market — Global Industry
Insights, Trends, Outlook,
and Opportunity Analysis,
2017–2025
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Rehabilitation robotics and assistive technologies allow for use of robotic devices for rehabilitation of patients suffering
from mobility issues. Robotic rehabilitation and assistive technologies allow for application of robotics in therapeutic
procedures to help with recovery a person from various diseases or disabilities such orthopedic traumas, neuromotor
disorders, cognitive diseases, strokes and spinal cord injury. Assistive robotics allows people suffering from degenerative
motor and/or cognitive abilities to lead an independent life.
Increasing prevalence of disability around the globe is expected to fuel growth of the rehabilitation robotics and
assistive technologies market
According to World Health Organization (WHO) 2016, around 1 billion people worldwide suffered from some form of
disability, of which around 190 million were unable to carry out daily function independently. Rapid increase in the
disabilities due to increasing prevalence of disease such as rheumatoid arthritis, cerebral palsy, spinal cord injury, and
other ageing disabilities are expected to increase demand for robotic rehabilitation and assistive technologies. According to
WHO 2017, around 47 million people suffered from dementia, with around 10 million new cases reported each year. This
creates a highly conducive environment for growth of the robotic rehabilitation and assistive technologies market in the
near future. Lack of awareness about new technologies among the populace, especially in emerging economies, and high
cost of robotic rehabilitation and assistive technologies is a major factor restraining market growth.
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Europe is expected to dominate the robotic rehabilitation and assistive technologies market
Regional segmentation of robotic rehabilitation and assistive technologies market by Coherent Market Insights
comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Europe is expected to hold a
dominant position in the robotic rehabilitation and assistive technologies market throughout the forecast period due
to increasing prevalence of disabilities in the region. According to an article published by The Institute of Modern
Russia, around 13 million people live with certain disabilities, constituting to around 9% of the total population in the
country. Furthermore, researchers at the University of Hertfordshire, along with European partners have developed
a robotic glove intended for stroke patients. It can be used in home settings to support rehabilitation. North America
is expected to be the second-largest market, due to robust technological infrastructure and inclination of the
population towards adoption of new technologies.
KEY PLAYERS IN THE MARKET ARE PARTNERING WITH HEALTHCARE PROVIDERS TO INCREASE
MARKET PENETRATION
Key players in robotic rehabilitation and assistive technologies market include Mazor Robotics Ltd., Intuitive Surgical
Inc., Accuray, Inc., Health Robotics S.R.L., Kinova, AlterG inc., Ekso Bionics, and Interactive Motion Technologies,
Bioxtreme Robotics Rehabilitation, Instead Technologies. In 2016, Ekso Bionics Holdings, Inc., received U.S. Food
and Drug Administration (FDA) approval for Ekso GT robotic exoskeleton. This product is used to treat an individual
with hemiplegia which occur due to stroke.
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Robotic Rehabilitation and Assistive Technologies Market, By Product Type, By Portability, By Application and Geography- Global Industry Insights 2017-2025