The rehabilitation robots market in APAC is expected to grow from US$ 132.71 million in 2021 to US$ 555.65 million by 2028; it is estimated to grow at a CAGR of 22.7% from 2021 to 2028.
Australia, China, India, Japan, and South Korea are major economies in APAC. Technological innovation in robotic rehabilitation is the major factor driving the growth of the APAC rehabilitation robots market. Rehabilitation robotics is a relatively young and rapidly growing field, with an increasing penetration into the clinical environment. Robotic therapy has shown its effectiveness on motor recovery, but its effectiveness on cognitive recovery is not investigated completely. The most widely studied rehabilitation robots are the MIT-MANUS and its clinical successors, the InMotion2 and InMotion ARM robots (Interactive Motion Technologies, Watertown, MA). Therapy comprises repetitive goal-directed and planar reaching tasks that emphasize shoulder and elbow movements. The low-impedance controller of the InMotionARM is highly compliant when interacting with the client's arm, like hand-over-hand assistance from a therapist during conventional therapy. Although the InMotionARM can provide the passive, active-assistive, active, and resistive modes of therapy, the majority of studies investigated the effects of active-assistive robotic therapy on motor recovery after stroke. Thus, the preference for highly advanced therapy would offer lucrative opportunities for the growth of the medical robot market.
The 2019 novel coronavirus (2019-nCoV), officially named as COVID-19 by the WHO, has spread to more than 170 countries, including China prompting the WHO to declare the disease as a global pandemic. From its epicenter in China, the novel coronavirus has spread to infect 514,179 people and cause no less than 18,440 deaths in at least 160 countries across a three-month span from January 2020 till date. These figures are according to the World Health Organization (WHO) Situation report as of March 25th. Accompanying the tragic loss of life that the virus has caused is the impact to the global economy, which has reeled from the effects of the pandemic. As research details emerge, the data pool grows exponentially, beyond the capacity of human intelligence alone to handle. The use of robots in the medical sector, to help in areas such as nursing, physical rehabilitation, and surgery, has been a particular priority in Japan and China. Thus, the outbreak of COVID-19 has prompted hospitals to speed up the clinical application of robotic technology in China and Japanese region. Advancements in robotic rehabilitation application such as rehab exercise, neuro robotic rehabilitation, among Others. This has no doubt aided the control of the COVID-19 pandemic and helped to curb its worst effects. Hence, such outbreaks continue, the need for new technological advanced products nationwide increases and thereby positively impacting the market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC rehabilitation robots market. The APAC rehabilitation robots market is expected to grow at a good CAGR during the forecast period.
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APAC Rehabilitation Robots Market Segmentation
APAC Rehabilitation Robots Market – By Type
- Exoskeleton Robots
- Therapeutic Robots
- Assistive Robots
- Prosthetic Robots
APAC Rehabilitation Robots Market – By End User
- Rehabilitation Centers
- Hospitals
- Specialty Clinics
APAC Rehabilitation Robots Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Rehabilitation Robots Market - Companies Mentioned
- Cyberdyne Inc.
- DIH Medical
- Ekso Bionics Holdings Inc
- Rewalk Robotics Ltd
- Rex Bionics Ltd
- Toyota Motor Corporation
- VINCENT MEDICAL HOLDINGS LIMITED
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Rehabilitation Robots Market – By Type
1.3.2 APAC Rehabilitation Robots Market – By End-User
1.3.3 APAC Rehabilitation Robots Market – By Country
2. APAC Rehabilitation Robots Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Rehabilitation Robots Market – Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Expert Opinions
5. APAC Rehabilitation Robots Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Number of Aged and Vulnerable People, Increasing Stroke Cases, and Usage of Robot-Assisted Training in Rehabilitation Therapy
5.1.2 New Product Introductions and FDA Authorization
5.2 Market Restraints
5.2.1 Huge Cost of Robotic Devices
5.3 Market Opportunities
5.3.1 Technological Innovations in Robotic Rehabilitation
5.4 Future Trends
5.4.1 Significant Usage of Rehabilitation Robots in Healthcare
5.5 Impact Analysis
6. Rehabilitation Robots Market – APAC Analysis
6.1 APAC Rehabilitation Robots Market Revenue Forecast and Analysis
7. APAC Rehabilitation Robots Market Analysis – By Type
7.1 Overview
7.2 APAC Rehabilitation Robots Market Revenue Share, By Type (2020 and 2028)
7.3 Therapeutic Robots
7.3.1 Overview
7.3.2 Therapeutic Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Prosthetic Robots
7.4.1 Overview
7.4.2 Prosthetic Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Assistive Robots
7.5.1 Overview
7.5.2 Assistive Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Exoskeleton Robots
7.6.1 Overview
7.6.2 Exoskeleton Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Rehabilitation Robots Market Analysis – By End User
8.1 Overview
8.2 APAC Rehabilitation Robots Market Share, by End User, 2020 and 2028, (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Rehabilitation Centers
8.4.1 Overview
8.4.2 Rehabilitation Centers: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Speciality Clinics
8.5.1 Overview
8.5.2 Speciality Clinics: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Rehabilitation Robots Market – Country Analysis
9.1 Overview
9.1.1 APAC: Rehabilitation Robots Market, by Country, 2020 & 2028 (%)
9.1.1.1 China: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.1.1 China: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.1.2 China Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
9.1.1.1.3 China Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.2 Japan: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.2.1 Japan: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.2.2 Japan Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
9.1.1.2.3 Japan Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.3 India: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.3.1 India: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.3.2 India Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
9.1.1.3.3 India Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.4 South Korea: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.4.1 South Korea: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.4.2 South Korea Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
9.1.1.4.3 South Korea Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.5 Australia: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.5.1 Australia: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
9.1.1.5.2 Australia Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
9.1.1.5.3 Australia Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.6 Rest of APAC: Rehabilitation Robots Market - Revenue and Forecast to 2028 (USD Million)
9.1.1.6.1 Rest of APAC: Rehabilitation Robots Market - Revenue and Forecast to 2028 (USD Million)
9.1.1.6.2 Rest of APAC Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
9.1.1.6.3 Rest of APAC Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
10. Impact of COVID-19 Pandemic on APAC Rehabilitation Robots Market
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Rehabilitation Robots Market– Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Ekso Bionics
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CYBERDYNE INC.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 VINCENT MEDICAL HOLDINGS LIMITED
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 DIH Medical
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 TOYOTA MOTOR CORPORATION
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Rex Bionics Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ReWalk Robotics
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. China Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 2. China Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 3. Japan Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Japan Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 5. India Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 6. India Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 7. South Korea Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 8. South Korea Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 9. Australia Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Australia Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of APAC Rehabilitation Robots Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of APAC Rehabilitation Robots Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, APAC Rehabilitation Robots Market
LIST OF FIGURES
Figure 1. APAC Rehabilitation Robots Market Segmentation
Figure 2. APAC Rehabilitation Robots Market Segmentation, By Country
Figure 3. APAC Rehabilitation Robots Market Overview
Figure 4. Exoskeleton Robots by Type Segment Held Largest Share of APAC Rehabilitation Robots Market
Figure 5. Japan to Show Significant Growth During Forecast Period
Figure 6. APAC PEST Analysis
Figure 7. APAC Rehabilitation Robots Market Impact Analysis of Driver and Restraints
Figure 8. APAC Rehabilitation Robots Market – Revenue Forecast and Analysis to 2028
Figure 9. APAC Rehabilitation Robots Market Revenue Share, By Type (2020 and 2028)
Figure 10. APAC Therapeutic Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Prosthetic Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Assistive Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Exoskeleton Robots: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Rehabilitation Robots Market Share, by End User, 2020 and 2028 (%)
Figure 15. APAC Hospitals Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Rehabilitation Centers: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Specialty Clinics: Rehabilitation Robots Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC: Rehabilitation Robots Market, by Key Country – Revenue (2020) (USD Million)
Figure 19. APAC: Rehabilitation Robots Market, by Country, 2020 & 2028 (%)
Figure 20. China: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
Figure 21. Japan: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
Figure 22. India: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
Figure 23. South Korea: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
Figure 24. Australia: Rehabilitation Robots Market – Revenue and Forecast to 2028 (USD Million)
Figure 25. Rest of APAC: Rehabilitation Robots Market - Revenue and Forecast to 2028 (USD Million)
Figure 26. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 27. Growth Strategies Done by the Companies in the Market, (%)
- Cyberdyne Inc.
- DIH Medical
- Ekso Bionics Holdings Inc
- Rewalk Robotics Ltd
- Rex Bionics Ltd
- Toyota Motor Corporation
- VINCENT MEDICAL HOLDINGS LIMITED
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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