An assistive robot is a device that can sense, process sensory information, and perform actions that benefit, people with disabilities and seniors. The assistive robot performs a physical task for the well-being of a person with a disability. The task is embedded in the context of normal human activities of daily living (ADLs) and would otherwise have to be performed by an attendant healthcare assistive robots. In the recent years, these robots have been revolutionizing the eldercare industry.
The healthcare assistive robot market is anticipated to grow with a significant rate in the coming years, owing to Rising funding for research on robotics technology, increasing incidence of stroke worldwide, and rapidly implementation of technology in healthcare industry are drive the market. Due to growing awareness coupled with increasing efforts to promote robotic research will fuel business growth, and favorable government regulations have boosted the healthcare assistive robots market. Therefore, healthcare assistive robots market has expected lucrative growth opportunity in forecast period.
The “Global Healthcare Assistive Robot Market Analysis to 2028” is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global healthcare assistive robot with detailed market segmentation by product, portability, application and geography. The global healthcare assistive robot is expected to witness high growth during the forecast period. The healthcare assistive robot market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The global healthcare assistive robot market is segmented on the basis of product, portability, and application. The product segment includes, humanoid, rehabilitative robots, surveillance and security robots, and socially assistive robots. Based on portability, the healthcare assistive robot market is segmented as, mobile and fixed. The market based on the application is classified as, stroke, cognitive and motor skills, orthopedics, sports, and other applications.
The healthcare assistive robot market report provides a detailed overview of the industry including both qualitative and quantitative information. Healthcare assistive robot market report provides overview and forecast of the global healthcare assistive robot based on product, portability, and application. It also provides market size and forecast till 2028 for overall healthcare assistive robot with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The healthcare assistive robot market report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America held the largest share and is expected to dominate healthcare assistive robot market for healthcare assistive robots over the forecast period. Favorable government initiatives, improved awareness and growing adoption of technologically advanced products are expected to be the key factors for the market growth. However, Asia Pacific is expected to grow at the fastest rate in healthcare assistive robot market owing to presence of large pool of geriatric population and rising adoption of assistive robots in Japan.
The healthcare assistive robot market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The healthcare assistive robot market report also includes the profiles of key healthcare assistive robot manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Barrett Technology, CYBERDYNE INC., Auris Health, Inc., Honda Motor Co., Ltd., Kinova Inc., KUKA AG, Ekso Bionics, GaitTronics Inc, Hocoma, and ReWalk Robotics among others.
Have a question?
Akshay
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Table of Contents
1.1. SCOPE OF STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. HEALTHCARE ASSISTIVE ROBOT MARKETMARKET LANDSCAPE
3.1. MARKET OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Healthcare Assistive Robot Market – By Product
3.2.2. Healthcare Assistive Robot Market – By Portability
3.2.3. Healthcare Assistive Robot Market – By Application
3.2.4. Healthcare Assistive Robot Market – By Region
3.2.4.1. By Country
3.3. PEST ANALYSIS
3.3.1. North America – PEST Analysis
3.3.2. Europe – PEST Analysis
3.3.3. Asia Pacific – PEST Analysis
3.3.4. Middle East and Africa – PEST Analysis
3.3.5. South and Central America– PEST Analysis
4. HEALTHCARE ASSISTIVE ROBOT MARKET – KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS
5. HEALTHCARE ASSISTIVE ROBOT MARKET – GLOBAL ANALYSIS
5.1. GLOBAL HEALTHCARE ASSISTIVE ROBOT MARKET OVERVIEW
5.2. GLOBAL HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
5.3. PERFORMANCE OF KEY PLAYERS
5.4. EXPERT OPINIONS
6. HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – BY PRODUCT
6.1. OVERVIEW
6.2. PRODUCT MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
6.3. HUMANOID ROBOTS MARKET
6.3.1. Overview
6.3.2. Humanoid Robots Market Revenue Forecasts and Analysis (US$ Mn)
6.4. REHABILITATIVE ROBOTS MARKET
6.4.1. Overview
6.4.2. Rehabilitative Robots Market Revenue Forecasts and Analysis (US$ Mn)
6.5. SURVEILLANCE AND SECURITY ROBOTS MARKET
6.5.1. Overview
6.5.2. Surveillance and Security Robots Market Revenue Forecasts and Analysis (US$ Mn)
6.6. SOCIALLY ASSISTIVE ROBOTS MARKET
6.6.1. Overview
6.6.2. Socially Assistive Robots Market Revenue Forecasts and Analysis (US$ Mn)
7. HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – BY PORTABILITY
7.1. OVERVIEW
7.2. PORTABILITY MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
7.3. MOBILE ASSISTIVE ROBOT MARKET
7.3.1. Overview
7.3.2. Mobile assistive robot Market Revenue Forecasts and Analysis (US$ Mn)
7.4. FIXED BASE ASSISTIVE ROBOT MARKET
7.4.1. Overview
7.4.2. Fixed Base assistive robot Market Revenue Forecasts and Analysis (US$ Mn)
8. HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – BY APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
8.3. STROKE MARKET
8.3.1. Overview
8.3.2. Stroke Market Revenue Forecasts and Analysis (US$ Mn)
8.4. COGNITIVE AND MOTOR SKILLS MARKET
8.4.1. Overview
8.4.2. Cognitive and Motor Skills Market Revenue Forecasts and Analysis (US$ Mn)
8.5. ORTHOPEDICS MARKET
8.5.1. Overview
8.5.2. Orthopedics Market Revenue Forecasts and Analysis (US$ Mn)
8.6. SPORTS MARKET
8.6.1. Overview
8.6.2. Sports Market Revenue Forecasts and Analysis (US$ Mn
8.7. OTHERS MARKET
8.7.1. Overview
8.7.2. Others Market Revenue Forecasts and Analysis (US$ Mn)
9. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
9.1. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET OVERVIEW
9.2. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
9.3. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PRODUCT (US$ MN)
9.4. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PORTABILITY (US$ MN)
9.5. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY APPLICATION (US$ MN)
9.6. NORTH AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY COUNTRY
9.7. US MARKET OVERVIEW
9.7.1. US Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
9.7.2. US Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
9.7.3. US Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
9.8. CANADA MARKET OVERVIEW
9.8.1. Canada Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
9.8.2. Canada Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
9.8.3. Canada Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
9.9. MEXICO MARKET OVERVIEW
9.9.1. Mexico Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
9.9.2. Mexico Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
9.9.3. Mexico Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
10.1. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET OVERVIEW
10.2. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
10.3. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PRODUCT (US$ MN)
10.4. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PORTABILITY (US$ MN)
10.5. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY APPLICATION (US$ MN)
10.6. EUROPE HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY COUNTRY
10.7. UK MARKET OVERVIEW
10.7.1. UK Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.7.2. UK Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
10.7.3. UK Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.8. GERMANY MARKET OVERVIEW
10.8.1. Germany Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.8.2. Germany Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
10.8.3. Germany Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.9. FRANCE MARKET OVERVIEW
10.9.1. France Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.9.2. France Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
10.9.3. France Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
11.1. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET OVERVIEW
11.2. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
11.3. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PRODUCT (US$ MN)
11.4. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PORTABILITY (US$ MN)
11.5. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY APPLICATION (US$ MN)
11.6. ASIA PACIFIC HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY COUNTRY
11.7. JAPAN MARKET OVERVIEW
11.7.1. Japan Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.7.2. Japan Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.7.3. Japan Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.8. CHINA MARKET OVERVIEW
11.8.1. China Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.8.2. China Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.8.3. China Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.9. INDIA MARKET OVERVIEW
11.9.1. India Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.9.2. India Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.9.3. India Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12. MIDDLE EAST AND AFRICA (MEA) HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
12.1. MIDDLE EAST AND AFRICA HEALTHCARE ASSISTIVE ROBOT MARKET OVERVIEW
12.2. MIDDLE EAST AND AFRICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
12.3. MIDDLE EAST AND AFRICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PRODUCT (US$ MN)
12.4. MIDDLE EAST AND AFRICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PORTABILITY (US$ MN)
12.5. MIDDLE EAST AND AFRICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY APPLICATION (US$ MN)
12.6. MIDDLE EAST AND AFRICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY COUNTRY
12.7. SOUTH AFRICA MARKET OVERVIEW
12.7.1. South Africa Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
12.7.2. South Africa Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
12.7.3. South Africa Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.8. SAUDI ARABIA MARKET OVERVIEW
12.8.1. Saudi Arabia Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
12.8.2. Saudi Arabia Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
12.8.3. Saudi Arabia Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.9. UAE MARKET OVERVIEW
12.9.1. UAE Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
12.9.2. UAE Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
12.9.3. UAE Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
13.1. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET OVERVIEW
13.2. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
13.3. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PRODUCT (US$ MN)
13.4. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY PRODUCT (US$ MN)
13.5. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY APPLICATION (US$ MN)
13.6. SOUTH AND CENTRAL AMERICA HEALTHCARE ASSISTIVE ROBOT MARKET REVENUE AND FORECASTS ANALYSIS – BY COUNTRY
13.7. BRAZIL MARKET OVERVIEW
13.7.1. Brazil Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Product (US$ Mn)
13.7.2. Brazil Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
13.7.3. Brazil Healthcare Assistive Robot Market Revenue Forecasts and Analysis - By Application (US$ Mn)
14. HEALTHCARE ASSISTIVE ROBOT MARKET, KEY COMPANY PROFILES
14.1. BARRETT TECHNOLOGY
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. Product Pipeline
14.1.6. SWOT Analysis
14.1.7. Key Developments
14.2. CYBERDYNE INC.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. Product Pipeline
14.2.6. SWOT Analysis
14.2.7. Key Developments
14.3. AURIS HEALTH, INC
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Financial Overview
14.3.4. Product Portfolio
14.3.5. Product Pipeline
14.3.6. SWOT Analysis
14.3.7. Key Developments
14.4. HONDA MOTOR CO., LTD.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. Product Pipeline
14.4.6. SWOT Analysis
14.4.7. Key Developments
14.5. KINOVA INC.
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. Product Pipeline
14.5.6. SWOT Analysis
14.5.7. Key Developments
14.6. KUKA AG
14.6.1. Business Description
14.6.2. Financial Overview
14.6.3. Product Portfolio
14.6.4. Product Pipeline
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. Ekso Bionics
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. Product Pipeline
14.7.6. SWOT Analysis
14.7.7. Key Developments
14.8. GaitTronics Inc
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. Product Pipeline
14.8.6. SWOT Analysis
14.8.7. Key Developments
14.9. HOCOMA
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Financial Overview
14.9.4. Product Portfolio
14.9.5. Product Pipeline
14.9.6. SWOT Analysis
14.9.7. Key Developments
14.10. REWALK ROBOTICS
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Financial Overview
14.10.4. Product Portfolio
14.10.5. Product Pipeline
14.10.6. SWOT Analysis
14.10.7. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
15.3. RESEARCH METHODOLOGY
The List of Companies
1. Barrett Technology
2. CYBERDYNE INC.
3. Auris Health, Inc.
4. Honda Motor Co., Ltd.
5. Kinova Inc.
6. KUKA AG
7. Ekso Bionics
8. GaitTronics Inc
9. Hocoma
10. ReWalk Robotics
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.
Trends and growth analysis reports related to Healthcare Assistive Robot Market
Apr 2024
Colonoscopes Market
Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Fiber Optic Colonoscopy Devices, Video Colonoscopy Devices); Application (Colorectal Cancer, Lynch Syndrome, Ulcerative Colitis, Crohn's Disease, Polyp); End User (Hospitals, Ambulatory Surgery Center, Others), and Geography
Apr 2024
Noninvasive Fat Reduction Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (Cryolipolysis, Laser Lipolysis, Ultrasound, and Others), End User (Hospitals, Dermatology Clinics & Cosmetic Clinics, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Medical Ultrasound Flow Meter Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Implementation Type (Clamp-On, Inline, and Others), Technology (Doppler, Transit Time, and Hybrid), Application (Heart and Lung Machines, Extracorporeal Membrane Oxygenation, Perfusion, Organ Transportation Systems, and Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, Research Laboratories, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Rapid Test Kits Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Rapid Antigen Testing, Rapid Antibody Testing, and Others), Product (Over-the-Counter Rapid Testing Kit and Professional Rapid Testing Kit), Technology (Lateral Flow Assay, Solid Phase, Agglutination, Immunospot Assay, and Cellular Component-Based), Application (Blood Glucose Testing, Infectious Disease Testing, Pregnancy and Fertility, Cardiometabolic Testing, and Others), End User (Hospital and Clinics, Home Care, Diagnostics Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Osteoarthritis Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Therapy Type [Transcutaneous Electrical Nerve Stimulation (TENS), Occupational Therapy, Physical Therapy, Platelet-Rich Plasma Therapy and Stromal Vascular Fraction, Prolotherapy, and Others], Disease Indication (Knee Osteoarthritis, Spine Osteoarthritis, Foot and Ankle Osteoarthritis, Shoulder Osteoarthritis, Hand Osteoarthritis, and Others), End User (Hospitals & Clinics, Specialty Clinics, Ambulatory Surgical Centers, Homecare, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Bariatric Surgeries Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Adjustable Gastric Bands (AGB), Sleeve Gastrectomy, Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch (BPD-DS), and Others], End User (Hospitals and Ambulatory Surgical Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Post-Acute Care Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Service Type (Skilled Nursing Facilities, Inpatient Rehabilitation Facilities, Long-Term Care Hospitals, Home Health Agency, and Others), Age (Elderly, Adult, and Others), Disease Conditions (Amputations, Wound Management, Brain Injury and Spinal Cord Injury, Neurological Disorders, and Others), and Geography
Apr 2024
Lung Cancer Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Therapy Type (Noninvasive and Minimally Invasive), Indication (Non-Small Cell Lung Cancer and Small Cell Lung Cancer), End User (Hospitals, Oncology Clinics, Research Centers, and Others), and Geography (North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa)