What is the Historic and Forecast Market Size for the Rehabilitation Robotics Market?
The rehabilitation robotics market size has grown exponentially in recent years. It is expected to surge from $1.48 billion in 2024 to $1.82 billion in 2025 at a compound annual growth rate (CAGR) of 23.4%. Factors attributing to this growth include increased demand for precision and targeted therapy, development of advanced robotic rehabilitation devices, growth in rehabilitation and physical therapy services, and an uptick in aging populations and chronic conditions.
The rehabilitation robotics market size is projected to expand significantly, reaching a value of $4.05 billion in 2029 at a compound annual growth rate (CAGR) of 22.1%. Factors fueling this anticipated growth include increased adoption of rehabilitation robotics in sports medicine, integration of artificial intelligence and machine learning in rehabilitation, growing popularity of sustainable and cost-effective rehabilitation robotics, expansion in tele-rehabilitation and remote monitoring, and development of customized rehabilitation robotics for specific patient needs.
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What are the Key Factors Driving the Rehabilitation Robotics Market?
During the forecast period, the rehabilitation robotics market is expected to be driven by rising instances of strokes, injuries, and neurological diseases. For instance, according to the World Health Organization (WHO), a Switzerland-based health agency of the United Nations, in 2022, 50 million people globally were suffering from epilepsy, nearly 80% of whom were living in low and middle-income countries. Hence, rising instances of strokes and neurological diseases are anticipated to hike the demand for rehabilitation devices, including rehabilitation robots.
How is the Global Rehabilitation Robotics Market Segmented?
The rehabilitation robotics market is segmented as follows:
– By Type: Exoskeleton Robots, Therapeutic Robots, Assistive Robots, Prosthetic Robots
– By Patient Type: Adult, Pediatrics
– By Part: Lower Extremity, Upper Extremity
– By Application: Gait Therapy, Limb Mobility
– By End User: Rehabilitation Centers, Hospitals
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Who are the Major Players in the Rehabilitation Robotics Market?
Major players carving out a strong presence in the rehabilitation robotics market include Myomo Inc., Bionik Laboratories Corporation, Hocoma AG, Cyberdyne Inc., ReWalk Robotics Ltd., Ekso Bionics Holdings Inc., Rex Bionics Ltd., AlterG Inc., RU Robots Limited, Woodway GmbH, Tyromotion GmbH, ABILITY Switzerland AG, Motek Medical B.V., Reha Technology AG, Man&Tel Co. Ltd., Rehab-robotics Company Limited, Kinova Robotics, Mrisar Institute of Science Arts and Robotics, Robotdalen, Bioxtreme Robotics Rehabilitation, Fourier Intelligence Co. Ltd., Focal Meditech BV, B-Temia Inc., Gogoa Mobility Robots SL, Motorika Medical Ltd., Neofect Co. Ltd., Saebo Inc., SynTouch LLC, Touch Bionics Inc., Biodex Medical Systems Inc., HONDA Motor Co. Ltd., InMotion LLC, KUKA AG, Parker Hannifin Corporation, RSL Steeper Group Ltd.
What are the Emerging Trends in the Rehabilitation Robotics Market?
The rapid adoption of assistive robotics for faster and more effective treatment is a significant trend observed in the rehabilitation robotics market. Companies are investing heavily in new product development to meet the rise in demand. For instance, in January 2022, Labrador Systems, Inc., a US-based early-stage robotics company specializing in assistive robots, introduced the Labrador Retriever, a personal robot designed to assist people with daily tasks around the house.
Which Region is Dominating the Rehabilitation Robotics Market?
North America was the largest region in the rehabilitation robotics market in 2024 and is expected to be the fastest-growing region during the forecast period. The regions covered in the rehabilitation robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Rehabilitation Robotics Market Report 2025 Offer?
The rehabilitation robotics market report offers valuable insights into the global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Rehabilitation robotics is a sector of robotics committed to developing robots that assist people in recovering from physical trauma. Rehabilitation robots are automated machines designed to improve the movement of people with impaired physical functioning.
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