Rehabilitation Robots Market 2023-2035 Demand and Future Trends | Growth with a CAGR of ~23% and Attain ~USD 2 Billion


Posted October 11, 2023 by meghanester

Rehabilitation Robots Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global rehabilitation robots market

 
Research Nester’s recent market research analysis on “Rehabilitation Robots Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global rehabilitation robots market in terms of market segmentation by type, patient type, end user, and by region.
Growing Prevalence of Chronic Diseases to Promote Global Market Share of Rehabilitation Robots
The global rehabilitation robots market is estimated to grow majorly on account of the increasing medical conditions such as cumulative traumatic injuries, repetitive strain injuries, and occupational overuse syndrome are having a positive impact on the market. According to WHO, in 2021, approximately 1.71 billion people worldwide were suffering from diseases of the musculoskeletal system.
Some of the major growth factors and challenges that are associated with the growth of the global rehabilitation robots market are:
Growth Drivers:
• High Share of the Aging Population with Physical and Mental Disorders
• Evolution of Digitalization and Adoption of Robots
Challenges:
The Scarcity of Distribution Channels for Rehabilitation Robots and their limited effectiveness are some of the major factors anticipated to hamper the global market size of rehabilitation robots.
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By indication, the global rehabilitation robots market is segmented into hospitals, orphanages, Nursing Homes, and Others. Out of these, the hospital segment is anticipated to hold the largest market share by the end of 2035. This growth is primarily due to rising healthcare costs and the rapid adoption of advanced technology in healthcare facilities.
By region, the Asia Pacific, rehabilitation robots market is to generate the highest revenue by the end of 2035. This can be attributed on the back of the remarkable deployment of advanced technology in the region, combined with the growing healthcare sector.
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This report also provides the existing competitive scenario of some of the key players of the global rehabilitation robots market which includes company profiling of Hocoma AG, MAN&TEL Co., Ltd., CYBERDYNE Inc., Myomo Inc., ReWalk Robotics Ltd., Reha Technology AG, Motek Medical B.V., Ekso Bionics Holdings, Inc., BIONIK Laboratory Corp., and ABILITY Network Inc., and others.
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Issued By research nester
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Categories Advertising , Biotech , Blogging
Last Updated October 11, 2023