Rehabilitation Robots Market to Grow at a CAGR of 21.8% to reach US$ 3,178.77 Million from 2021 to 2028
The rehabilitation robots market was valued at US$ 798.92 million in 2021 and is projected to reach US$ 3,178.77 million by 2028; it is expected to grow at a CAGR of 21.8% from 2021 to 2028.
Rehabilitation robots are used in the recuperation process of disabled patients in standing up, balancing and gait. These robots must keep up with humans and their movements; therefore, while manufacturing the machine, the makers need to ensure that it would be consistent with the patient’s progress. The rehabilitation robots market is expected to witness a significant growth in the coming years owing to the factors such as rise in geriatric population, stroke and robot-assisted training in rehabilitation therapy. However, the high cost of the devices to hinder the market growth.
Market Insights
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Rehabilitation Robots Market: Strategic Insights
Rehabilitation Robots Market
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![](https://www.theinsightpartners.com/assets/images/rd_int_img/cagr.png)
CAGR (2021 - 2028)
21.8%
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Market Size 2021
US$ 798.92 Million
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Market Size 2028
US$ 3,178.77 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- Bionik Laboratories Corporation
- Cyberdyne Inc.
- Ekso
- Bionics Holdings Inc
- Rewalk Robotics Ltd
- Hocoma Ag
- Rehab-robotics Company Limited
- Kinova Inc, Rex Bionics Ltd
- Toyota Motor Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Therapeutic Robots
- Prosthetic Robots
- Assistive Robots
- Exoskeleton Robots
End User
- Rehabilitation Centers
- Hospitals
- Specialty Clinics
Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South and Central America
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Rehabilitation Robots Market: Strategic Insights
-
CAGR (2021 - 2028)21.8% -
Market Size 2021
US$ 798.92 Million -
Market Size 2028
US$ 3,178.77 Million
![](https://www.theinsightpartners.com/assets/images/rd_int_img/tip-logo.jpg)
Market Dynamics
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Key Players
- Bionik Laboratories Corporation
- Cyberdyne Inc.
- Ekso
- Bionics Holdings Inc
- Rewalk Robotics Ltd
- Hocoma Ag
- Rehab-robotics Company Limited
- Kinova Inc, Rex Bionics Ltd
- Toyota Motor Corporation
Regional Overview
![](https://www.theinsightpartners.com/assets/images/rd_int_img/ig-regional.png)
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
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- Therapeutic Robots
- Prosthetic Robots
- Assistive Robots
- Exoskeleton Robots
![](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_warning.png)
- Rehabilitation Centers
- Hospitals
- Specialty Clinics
![](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_primary.png)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South and Central America
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Rise in Geriatric Population, Stroke, and Robot-Assisted Training in Rehabilitation Therapy
With the growth in research related to rehabilitation robotics, the manufacturing and deployment of therapeutic rehabilitation robots are rising across the world. Japan and China are among the Asia-Pacific countries with high elderly population; these countries, as well as other developing nations in the region, are witnessing the advancements in medical technology. According to the Ministry of Internal Affairs and Communications, ~35.2 million people in Japan were aged 65 or above in 2017, and this figure is predicted to jump to 36.2 million by 2020. Therefore, major companies in the healthcare sector are willing to invest in the development of advanced technologies for providing care to the region's older residents. Therefore, increasing elderly population and the growing prevalence of stroke, rendering people immobile, are among the significant factors driving the demand for rehabilitation robots.
Robot rehabilitation therapy is used to deliver high-intensity training for patients suffering from motor disorders caused due to diseases of spinal cord or stroke. Stroke is a top cause of severe long-term disability in the US, according to the Centers for Disease Control and Prevention (CDC). Fatigue, hemiparesis, and walking difficulty are a few effects of a stroke. Moreover, rehabilitation robots provide customized, task-oriented, prolonged, intensive, standardized, and reproducible training to patients affected by stroke or other nonprogressive brain lesions. Thus, the escalating demand for better and quicker healthcare services drive the growth of the overall rehabilitation robots market.
Type Insights
Based on type, the rehabilitation robots market is segmented into therapeutic robots, assistive robots, exoskeleton robots, and prosthetic robots. The exoskeleton robots segment held the largest share of the market in 2021, and it is anticipated to register the highest CAGR during the forecast period.
End User
Based on end-user, the rehabilitation robots market is segmented into hospitals, rehabilitation centers, and specialty clinics. The rehabilitation centers segment held the largest share of the market in 2021 and is estimated to register the highest CAGR during the forecast period.
Players operating in the rehabilitation robots market have been majorly adopting the product innovation strategy to cater to the changing customer demand across the world, which also permits them to maintain their brand name globally.
Rehabilitation Robots Market Report Scope
Report Attribute
Details
Market size in 2021
US$ 798.92 Million
Market Size by 2028
US$ 3,178.77 Million
Global CAGR (2021 - 2028)
21.8%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Type - Therapeutic Robots
- Prosthetic Robots
- Assistive Robots
- Exoskeleton Robots
By End User - Rehabilitation Centers
- Hospitals
- Specialty Clinics
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Bionik Laboratories Corporation
Cyberdyne Inc.
Ekso
Bionics Holdings Inc
Rewalk Robotics Ltd
Hocoma Ag
Rehab-robotics Company Limited
Kinova Inc, Rex Bionics Ltd
Toyota Motor Corporation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Attribute | Details |
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Market size in 2021 | US$ 798.92 Million |
Market Size by 2028 | US$ 3,178.77 Million |
Global CAGR (2021 - 2028) | 21.8% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
By Type
- Exoskeleton Robots
- Therapeutic Robots
- Assistive Robots
- Prosthetic Robots
End-User
- Rehabilitation Centers
- Hospitals
- Specialty Clinics
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
- South and Central America
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Bionik Laboratories Corporation
- Cyberdyne Inc.
- Ekso Bionics Holdings Inc
- Rewalk Robotics Ltd
- Hocoma Ag
- Rehab-robotics Company Limited
- Kinova Inc
- Rex Bionics Ltd
- Toyota Motor Corporation
- Myomo Inc
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Type ; End User , and Geography
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Bionik Laboratories Corporation, Cyberdyne Inc., Ekso Bionics Holdings Inc, Rewalk Robotics Ltd, Hocoma Ag, Rehab-robotics Company Limited, Kinova Inc, Rex Bionics Ltd, Toyota Motor Corporation, Myomo Inc among Others. are some of the major players in the Rehabilitation Robots market.
Rehabilitation robots assist handicapped people in regaining their ability to stand, balance, and walk. Because these robots must keep up with a human's movement, the machine's designers must ensure that the machine will be consistent with the patient's development.
The growth of the market is attributed to the Factors driving the market growth include the rise in geriatric population, stroke and robot-assisted training in rehabilitation therapy. However, high cost of the devices to hinder the market growth.
The List of Companies - Rehabilitation Robots Market
- Bionik Laboratories Corporation
- Cyberdyne Inc.
- Ekso
- Bionics Holdings Inc
- Rewalk Robotics Ltd
- Hocoma Ag
- Rehab-robotics Company Limited
- Kinova Inc, Rex Bionics Ltd
- Toyota Motor Corporation
- Myomo Inc.