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Assistive Robotics Market

Assistive Robotics Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The assistive robotics market size is expected to grow at a CAGR 21.98% rate during the forecast period. The increasing incidences of strokes and spinal cord injuries are one of the key factors driving the growth of market. The rising insurance coverage for medical exoskeletons and robotic surgeries is another factor driving market growth.

Stationary robots are expected to hold the largest share of the market. Stationary assistive robotic systems are those which are fixed in one position. These robotic systems perform their tasks at a fixed location and are used mostly in households and medical applications. Surgical robots, along with robotic manipulators, dynamic arm supports, and meal supports come under the category of stationary assistive robots. The rising demand for surgical robots across the world is expected to drive the market for stationary assistive robots in manufacturing.

Physically assistive robots, expected to grow at the highest CAGR, aid individuals suffering from medical conditions and injuries that limit the upper body or lower body movements. These robots are also used in rehabilitation centers to provide rehabilitation to recovering individuals who had suffered neurological and spinal cord injuries.

Handicap assistance application is expected to grow at the highest CAGR during the forecast period. Assistive robotic systems assist the disabled. With an increase in the number of people suffering from stroke and spinal cord injuries across the world, the application of these robotic systems for handicap assistance is likely to rise at a significant rate.

The Market in APAC is expected to grow at the highest CAGR. APAC region is expected to be driven by the shortage of trained care workers, coupled with the rising geriatric population. With the number of elderly on the rise at an unprecedented rate and the lack of caretakers, the market for assistive robots in this region is likely to grow at a significant pace in coming years.

Key market players includes Kinova Robotics (Canada), Focal Meditech (Netherlands), Cyberdyne (Japan), Intuitive Surgical (US), ReWalk Robotics (Israel), SoftBank Robotics (Japan), Ekso Bionics (US), Ubtech Robotics (China), Barrett Technology (US), Hyundai (South Korea), Stryker (US), Hocoma (Switzerland), Blue Frog Robotics (France), DreamFace Technologies (US), Double Robotics (US), Fourier Intelligence (China), CT Asia Robotics (Thailand), F&P Robotics (Switzerland), Axosuits (Romania), Japet Medical Devices (France), Hanson Robotics (Hong Kong), Motorika (US), and Rex Bionics (New Zealand)

Key Questions Addressed by the Report

  • Where will all these developments take the industry in the mid to long term?
  • What are the emerging applications of assistive robots?
  • How are advancements in other application areas influencing the market?
  • Which countries are expected to witness significant growth in the assistive robotics industry?
  • What initiatives have companies undertaken to maintain their positions in their market?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Assistive Robotics Market, By Application

Public relation

Elderly assistance

Companionship

Surgery assistance

Handicap assistance

Industrial

Defense

Others

6. Assistive Robotics Market, By Type

Physically assistive robots

Socially assistive robots

Mixed assistive robots

7. Assistive Robotics Market, By Mobility

Stationary

Mobile

8. Assistive Robotics Market, By Region

North America

    US

    Canada

Europe

    UK

    Germany

    Spain

    France

    Turkey

    Rest of Europe

 Asia Pacific

     China 

     Japan

     South Korea

     India 

     Australia

     Rest of APAC

Middle East

     UAE

     Saudi Arabia

     Rest of Middle East

Rest of the World

     Latin America

     Africa

9. Company Profiles

Focal Meditech

Cyberdyne

EKSO Bionics

Barrett Technology

Hyundai

Kinova Robotics

Softbank Robotics

Intuitive Surgical

Ubtech Robotics

Rewalk Robotics

10. Appendix

About

Abbreviations

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