Press Release: April 23, 2020
The global Rehabilitation Robotics market was valued at USD 2,649.7 million in 2018 and is expected to touch USD 6,974.3 million by 2026. GMI Research expects the market to expand at a robust CAGR of 12.9% from 2019-2026 owing to factors such as increasing incidence of trauma/accidental injuries, introduction of custom-made implant products, favorable reimbursement for rehabilitation robotics procedure, rise in prevalence of lifestyle-related diseases and disorders, growing focus on containment of healthcare costs and distribution.
Based on application type, Surgery segment anticipated to lead the market during 2019-2026 The surgery segment is expected to hold maximum revenue share in the market during the forecast period due to innovations and technological advancement in the field of surgical procedure. However, the highest growth rate is predicted to be exhibited by motor skill therapy segment during the forecast period owing to surging adoption of fully automated Rehabilitation Robotics procedures among healthcare professionals and patients due to their characteristics, such as high stability and technologically advanced properties. Additionally, the wide availability of technically advanced Rehabilitation Robotics and rising demand for custom-made Rehabilitation Robotics are likely to push the growth of global rehabilitation robotics market.
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The global Rehabilitation Robotics market has been segmented on the basis of application type, end user type and key geographies. Based on application type, Surgery, Cognitive and Motor Skill Therapy. The end user type includes hospitals, prosthetic clinics, & others (rehabilitation centers, normal clinics).
The research report “Global Rehabilitation Robotics Market” provides in-depth analysis of the Rehabilitation Robotics market, globally, based on application type, end user type and major geographies for the forecast period from 2019 to 2026. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for Rehabilitation Robotics market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report:
• At what pace is the Rehabilition Robotics market growing worldwide? What will be the growth trend in future?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the coming years?
• What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in global Rehabilition Robotics market?
• What are the various application areas and how they are poised to grow?
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