The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the healthcare assistive robot market’s growth in recent years?
The increasing incidence of orthopedic disorders is expected to propel the growth of the healthcare assistive robot market going forward. Orthopedic disorders refer to a broad category of conditions that affect the musculoskeletal system, which includes bones, joints, ligaments, tendons, muscles, and nerves. Healthcare assistive robots for orthopedic disorders help support mobility and rehabilitation and perform precise surgical procedures, thereby enhancing patient care and recovery. For instance, in August 2023, according to the Institute for Health Metrics and Evaluation (IHME), a US-based research institution, nearly 1 billion people will experience osteoarthritis, with knee cases increasing by 75% and hand cases by 50% by 2050. Therefore, the increasing incidence of orthopedic disorders is driving the growth of the healthcare assistive robot market.
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How does the future projection of the healthcare assistive robot market size compare to its historical growth?
The healthcare assistive robot market size has grown exponentially in recent years. It will grow from $1.32 billion in 2024 to $1.59 billion in 2025 at a compound annual growth rate (CAGR) of 20.6%. The growth in the historic period can be attributed to aging population, increasing chronic disease prevalence, regulatory support and funding, increasing disposable income, rise in sports-related injuries, growth in medical tourism in developing economies.
The healthcare assistive robot market size is expected to see exponential growth in the next few years. It will grow to $3.31 billion in 2029 at a compound annual growth rate (CAGR) of 20.2%. The growth in the forecast period can be attributed to labor shortages in healthcare, rising healthcare costs, increased focus on patient care, growing awareness of assistive needs, expansion of telemedicine. Major trends in the forecast period include technological advancements, advancements in mobility solutions, integration of ai and machine learning, advances in human-robot interaction, innovation in wearable technologies.
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Which key players are shaping the future of the healthcare assistive robot market?
Major companies operating in the healthcare assistive robot market are HONDA Motor Co. Ltd., Johnson & Johnson, Medtronic PLC, ABB Ltd., Stryker Corporation, TE Connectivity Ltd., Zimmer Biomet Holdings Inc., Fanuc Corporation, Intuitive Surgical Inc., KUKA AG, OmniCell Inc., Globus Medical Inc., SoftBank Robotics Group Corp., Kinova Inc., CMR Surgical Ltd., Diligent Robotics Inc., Cyberdyne Inc., Ekso Bionics Holdings Inc., AlterG Inc., Titan Medical Inc., ReWalk Robotics Ltd., Focal Meditech BV, Barrett Technology, Rex Bionics Ltd., Bionik Laboratories Corp.
What trends will propel the growth and evolution of the healthcare assistive robot market?
Major companies operating in the healthcare assistive robot market are developing innovative technologies, such as gait therapy software, to increase their profitability in the market. Gait therapy software refers to specialized programs that guide robots in assisting patients with walking exercises, aiming to improve mobility and rehabilitation outcomes. For instance, in January 2024, Ekso Bionics Holdings Inc., a US-based robotic exoskeleton manufacturer, launched GaitCoach Software for EksoNR, a clinical rehabilitation wearable robot designed for exoskeletal assistance. This revolutionized gait therapy with its capability to tailor sessions to individual patient needs, provide real-time, dynamic feedback, and deliver precise guidance akin to that of an additional clinical observer. This innovative software, which succeeds SmartAssist, enhances the integration of robotics in rehabilitation, as evidenced by 96% of experienced EksoNR users finding it highly intuitive and 93% valuing its guidance for simplifying usage.
Which regions are expected to become dominant players in the healthcare assistive robot market?
North America was the largest region in the healthcare assistive robot market in 2024. The regions covered in the healthcare assistive robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the healthcare assistive robot market, and how are they evolving?
The healthcare assistive robot market covered in this report is segmented –
1) By Type: Care Robot, Surgical Assistive Robot
2) By Portability: Fixed Base, Mobile
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Care Robot: Companion Robots, Rehabilitation Robots, Mobility Assistance Robots, Telepresence Robots, Hygiene And Sanitation Robots
2) By Surgical Assistive Robot: Robotic Surgical Systems, Robotic Endoscopic Systems, Robotic Orthopedic Systems, Robotic Assistance For Minimally Invasive Surgeries
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How is the healthcare assistive robot market defined, and what are its core characteristics?
Healthcare assistive robots are intelligent machines designed to help individuals with disabilities, the elderly, or those requiring care by performing mobility support, patient monitoring, and rehabilitation exercises. They enhance healthcare delivery by assisting with physical tasks, providing companionship, and enabling remote health monitoring and communication. These robots improve quality of life, foster greater independence, and reduce the workload on healthcare professionals.
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