Rehabilitation Robots Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030
Rehabilitation Robots Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030
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The Rehabilitation Robots market is estimated to grow at a significant CAGR during the forecast period. The major factors contributing to the market growth include a significant prevalence of spinal cord injuries and a rising geriatric population. As per the report by National Spinal cord injury statistical centre, a recent estimate showed that the annual incidence of spinal cord injury (SCI) is approximately 54 cases per one million people in the US, or about 17,810 new SCI cases each year.
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Since 2015-2018/2019, motor vehicle accidents are the major cause of SCI (39.3%), which is followed by falls (31.8%), acts of violence (13.5%), sports (8%), medical/surgical (4.3%), and other (3.1%). Nearly 2/3rd of sports injuries were reported from diving. Due to the SCI, most of the body parts, including legs, arms, trunk, and pelvic organs are affected. This leads to the emerging adoption of powered exoskeletons to offer a way to stand and walk for people suffering from severe SCI. ReWalk is a major instance of a wearable exoskeleton robot with powered hip and knee motion that provides support to people with SCI to walk, climb, stand upright, turn, walk, and descend stairs. It is the first exoskeleton gained FDA approval for personal and rehabilitation use in the US. This enables patients with SCI to practice over-ground real-world gait scenarios and provides the walking ability to the patients. The market has significant opportunity owing to the rising application of rehabilitation robots across industries to maintain the safety of the workers and increase productivity. However, the high cost of these systems is a major restraining factor for the market growth.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2051
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Rehabilitation Robots Market by Segment
By Type
o Assistive
o Therapeutic
o Exoskeleton
o Others (Prosthetics and Orthotics)
By End-User
o Rehabilitation Centers
o Hospitals and Clinics
o Others
Rehabilitation Robots Market by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
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