As per the latest report by IMARC Group, titled “Rehabilitation Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global rehabilitation robots market size reached US$ 2.8 Billion in 2019. Rehabilitation robots are re-programmable and automatically operated machines designed to improve the movement in individuals with impaired functioning. They consist of various mechatronic devices, ranging from artificial limbs to robots for supporting rehabilitation therapy or providing personal assistance in hospital and residential setups. These robots play a crucial role in assisting the nervous system to regenerate appropriate neural connections and interact with the environment. Robotic rehabilitation has gained immense popularity across the globe as it helps treat children suffering from cerebral palsy and adults with coordination disorders.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Rehabilitation Robots Market Trends:
The increasing number of individuals, especially the geriatric population, suffering from stroke, spinal and brain injuries, multiple sclerosis, and other neurological disorders, represent the primary factor impelling the market growth. Besides this, the role of technology in the healthcare sector has become evident with additional therapeutic exercises through robotic interventions and intelligent prosthetics that allow patients with developmental conditions or motor impairment to gain more independence. Robotic rehabilitation and assistive technologies can also ease the stress on the physiotherapy staff and control expenses while refining patients’ quality of life. Furthermore, the integration of the Internet of Things (IoT) with rehabilitation robotics has positively impacted the market. Moreover, several advancements in robotic exoskeleton designs have led to the introduction of lightweight wearable devices that assist in limb movement. Along with this, progress in neuroscience has significantly advanced the development of rehabilitation robots, facilitating the implantation of computer chips directly into the brain that enables users to control the devices via mental commands. Looking forward, the market is anticipated to witness strong growth during the forecast period (2020-2025).
Market Summary:
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