NEW
YORK, June 24, 2024 /PRNewswire/ -- The
global rehabilitation robots market size is estimated to
grow by USD 4648 mn from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 39.98% during the forecast period. The
rehabilitation robots market is surging, fueled by a growing need
for advanced healthcare technology.
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Here's a breakdown of the key trends:
Rising Demand:
- Aging Population: As people live longer, chronic
conditions like stroke and mobility issues become more common.
Rehabilitation robots offer effective treatment solutions.
- Increased Stroke and Injury Cases: More stroke and
injury occurrences create a greater demand for rehabilitation
technologies.
- Technological Advancements: Robots equipped with AI,
machine learning, and advanced sensors provide personalized and
data-driven therapy.
Market Challenges:
- High Costs: Rehabilitation robots can be expensive,
limiting accessibility for some patients.
- Customization Needs: Robots need tailoring for
individual patient requirements, driving up research and
development costs.
- Integration Complexities: Integrating robots with
existing healthcare systems and ensuring user-friendliness requires
effort.
Promising Future:
Despite the challenges, rehabilitation robots hold immense
potential:
- Improved Patient Outcomes: Robots can provide more
targeted and effective therapy, leading to better recovery
rates.
- Reduced Healthcare Costs: Robots may offer
cost-effective solutions compared to traditional rehabilitation
methods.
Market Segments:
The market is segmented by:
- Product Type: Upper Extremity Rehabilitation Robots
(UERR), Lower Extremity Rehabilitation Robots (LERR), Functional
Electrical Stimulation (FES), Treadmill Robots (TRR)
- End User: Hospitals and clinics, Senior care facilities,
Homecare settings
- Geography: North America, Europe, Asia
Pacific (APAC), South
America, Middle East and
Africa
Overall, the rehabilitation robots market is on a promising
trajectory. As technology advances and costs become more
manageable, these robots are poised to revolutionize healthcare and
improve the lives of millions.
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio