Global Therapeutic Robots Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Therapeutic Robots can be defined as a rehabilitation robots employed as recovery medical aid for people affected by different mental and physical health disorders such as Strokes, Autism, Dementia, Cerebral Palsy, Post-Traumatic Stress, Anxiety and Phobias among others. The rising geriatric population and growing instances of cerebral vascular accident as well as recent product launches are factors that are accelerating the global market demand. For instance, according to United Nations estimates - in 2019, the number persons aged 65 years or over in the world, were estimated at 703 million, and this number is projected to grow to 1500 million, by end of 2050. Furthermore, as per World Health Organization (WHO)- as of 2020, - Globally, around 15 million people suffer a stroke. Around 5 million succumbs to it and another 5 million are left permanently disabled. Moreover, in September 2021, Singapore-based Fourier Intelligence, launched the world's first three-dimensional back-drivable robot named ArmMotus EMU for upper limb rehabilitation for stroke patients. ArmMotus EMU is said to be the world's first 3D back-drivable upper limb rehabilitation robot. Also, surging number of rehabilitation centers and growing advancements in robotic technology are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, low adoption rate pertaining to high deployment and maintenance cost impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Therapeutic Robots Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing prevalence of neurological disorders and presence of well-established healthcare sector in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing awareness towards neurological disorders such as Dementia, Alzheimer's, and Cerebral Palsy and increasing number of rehabilitation centers in the region, would create lucrative growth prospects for the global Therapeutic Robots Market across the Asia Pacific region.
Major market players included in this report are:
- Intuitive Surgical Inc.
- Stryker Corporation
- Hocoma (DIH Medical group)
- Medtronic Plc
- CMR Surgical Ltd
- Auris Health Inc.
- Accuray Incorporated
- Omnicell Inc.
- ARxIUM Inc.
- Ekso Bionics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Robot Type
By Type of Disorder
- Autism
- Dementia
- Cerebral Palsy
- Post-Traumatic Stress
- Anxiety And Phobias
By End Use
- Hospitals
- Healthcare Centres
- Rehabilitation Centres
- Old-Age Homes
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Furthermore, years considered for the study are as follows:
- Historical year - 2018, 2019, 2020
- Base year - 2021
- Forecast period - 2022 to 2028
Target Audience of the Global Therapeutic Robots Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Therapeutic Robots Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Therapeutic Robots Market, by Robot Type, 2020-2028 (USD Million)
- 1.2.3. Global Therapeutic Robots Market, by Type of Disorder, 2020-2028 (USD Million)
- 1.2.4. Global Therapeutic Robots Market, by End Use, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Therapeutic Robots Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Therapeutic Robots Market Dynamics
- 3.1. Therapeutic Robots Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising geriatric population.
- 3.1.1.2. Growing instances of cerebral vascular accident.
- 3.1.1.3. Recent product launches.
- 3.1.2. Market Challenges
- 3.1.2.1. Low adoption rate pertaining to high deployment and maintenance cost.
- 3.1.3. Market Opportunities
- 3.1.3.1. Surging number of rehabilitation centres.
- 3.1.3.2. Growing advancements in robotic technology.
Chapter 4. Global Therapeutic Robots Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Therapeutic Robots Market, by Robot Type
- 6.1. Market Snapshot
- 6.2. Global Therapeutic Robots Market by Robot Type, Performance - Potential Analysis
- 6.3. Global Therapeutic Robots Market Estimates & Forecasts by Robot Type 2018-2028 (USD Million)
- 6.4. Therapeutic Robots Market, Sub Segment Analysis
- 6.4.1. Humanoid
- 6.4.2. Pets
Chapter 7. Global Therapeutic Robots Market, by Type of Disorder
- 7.1. Market Snapshot
- 7.2. Global Therapeutic Robots Market by Type of Disorder, Performance - Potential Analysis
- 7.3. Global Therapeutic Robots Market Estimates & Forecasts by Type of Disorder 2018-2028 (USD Million)
- 7.4. Therapeutic Robots Market, Sub Segment Analysis
- 7.4.1. Autism,
- 7.4.2. Dementia
- 7.4.3. Cerebral Palsy
- 7.4.4. Post-Traumatic Stress
- 7.4.5. Anxiety And Phobias
Chapter 8. Global Therapeutic Robots Market, by End Use
- 8.1. Market Snapshot
- 8.2. Global Therapeutic Robots Market by End Use, Performance - Potential Analysis
- 8.3. Global Therapeutic Robots Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
- 8.4. Therapeutic Robots Market, Sub Segment Analysis
- 8.4.1. Hospitals
- 8.4.2. Healthcare Centres
- 8.4.3. Rehabilitation Centres
- 8.4.4. Old-Age Homes
Chapter 9. Global Therapeutic Robots Market, Regional Analysis
- 9.1. Therapeutic Robots Market, Regional Market Snapshot
- 9.2. North America Therapeutic Robots Market
- 9.2.1. U.S. Therapeutic Robots Market
- 9.2.1.1. Robot Type estimates & forecasts, 2018-2028
- 9.2.1.2. Type of Disorder estimates & forecasts, 2018-2028
- 9.2.1.3. End Use estimates & forecasts, 2018-2028
- 9.2.2. Canada Therapeutic Robots Market
- 9.3. Europe Therapeutic Robots Market Snapshot
- 9.3.1. U.K. Therapeutic Robots Market
- 9.3.2. Germany Therapeutic Robots Market
- 9.3.3. France Therapeutic Robots Market
- 9.3.4. Spain Therapeutic Robots Market
- 9.3.5. Italy Therapeutic Robots Market
- 9.3.6. Rest of Europe Therapeutic Robots Market
- 9.4. Asia-Pacific Therapeutic Robots Market Snapshot
- 9.4.1. China Therapeutic Robots Market
- 9.4.2. India Therapeutic Robots Market
- 9.4.3. Japan Therapeutic Robots Market
- 9.4.4. Australia Therapeutic Robots Market
- 9.4.5. South Korea Therapeutic Robots Market
- 9.4.6. Rest of Asia Pacific Therapeutic Robots Market
- 9.5. Latin America Therapeutic Robots Market Snapshot
- 9.5.1. Brazil Therapeutic Robots Market
- 9.5.2. Mexico Therapeutic Robots Market
- 9.6. Rest of The World Therapeutic Robots Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Intuitive Surgical, Inc.
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Stryker Corporation
- 10.2.3. Hocoma (DIH Medical group)
- 10.2.4. Medtronic Plc
- 10.2.5. CMR Surgical Ltd
- 10.2.6. Auris Health Inc.
- 10.2.7. Accuray Incorporated
- 10.2.8. Omnicell Inc.
- 10.2.9. ARxIUM Inc.
- 10.2.10. Ekso Bionics
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption