- Home
- Industry Reports
- Healthcare
- Medical Devices
- North America Rehabilitation Robots Market – Growth & Forecast (2024 – 2032)
A robot is a machine capable of adapting to and acting upon its environment thus extending human abilities or replacing them in some activities. It is composed of a mechanical structure made of one or more several mechanisms with a certain number of motorised degrees of freedom. Rehabilitation robots are mechanically operated robots designed to improve movement in individuals with physical impaired functioning. These robots are designed with the applications of techniques that determine the adaptability level of the patient. There are different types of robots that can be used in the results of a stroke. The In motion robot allows the participates to practice reaching movement in a horizontal plane with a reduction of gravity. The motions that are performed require shoulder flexion and extension and external rotation. One of the examples of rehabilitation robot is Hipbot, which is used in patients with limited mobility. Hipbot robot helps in the cases where people suffer a fracture by accident or have problems. These rehabilitation robots are also used for rehabilitation and related procedures including training and therapy.
North America Rehabilitation Robots Market Segments Size & Growth:
North America Rehabilitation Robots Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the North America Rehabilitation Robots Market are technological advancements, increase in funding for medical robots research, rising hospital investments in medical robots and advantages offered by the robot are the key factors that are driving the market growth. However, the high cost of robotic systems and safety concerns over robotic surgery devices are the main factor that is hindering the growth of the market. On the other hand, increasing patient preference for minimally invasive surgeries, rapid growth in the ageing population and development of nanorobots for cancer treatment are the major opportunities that drive the market growth during the forecast period.
North America Rehabilitation Robots Market Segments Share:
North America Rehabilitation Robots Market is segmented by the type which further consists of assistive robots, prosthetics, orthotics, therapeutic robots and exoskeleton robots. Among these types, assistive robots are the first type that substitutes for lost limb movements and contributes the largest market share and continues its dominance during the forecast period owing to the rise in the ageing population across the globe. The second type of rehabilitation robots is therapy robot, which is also known as rehabilitator, which allows patients to perform practice movements aided by robots. By the end user, the market is segmented into hospitals, rehabilitation centres, medical clinics and others. On the basis of Geography, U.S., is anticipated to have the largest market share owing to the reimbursement scenario in the U.S., funding by the U.S., Department of defense, raising venture capital investments in the U.S., government support in the country and increasing medical robot purchases backed by rising preference for minimally invasive surgeries.
North America Rehabilitation Robots Market Trends:
- Omnicell, Inc., discloses the ROBOT-Rx product, which is the market-leading robotic medication dispensing solution that increases efficiency and accuracy in the central pharmacy.
- Stryker launches expensive Mako robot for knee replacement in the cost-conscious era.
- Hocoma introduces brand new and go mobile robot for body-weight-supported gait training in the U.S., at AAPM&R conference.
North America Rehabilitation Robots Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players for the North America Rehabilitation Robots Market are:
- Stryker Corporation
- Hocoma AG
- Hansen Medical, Inc.
- Accuracy Incorporated
- Omnicell, Inc.
Along with these companies, there were many other companies considered/cited in the report while analysing the North America Rehabilitation Robots Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Technological advancements
4.1.2 Increase in funding for medical robots research
4.1.3 Rising hospital investments in medical robots
4.1.4 Advantages offered by a robot
4.2 Restraints & Challenges
4.2.1 High cost of robotic systems
4.2.2 Safety concerns over robotic surgery devices
4.3 Opportunities
4.3.1 Increasing patient preference for minimally invasive surgeries
4.3.2 Rapid growth in the aging population
4.3.3 Development of nanorobots for cancer treatment
Chapter 5 North America Rehabilitation Robots Market – By Type
5.1 Assistive robots
5.2 Prosthetics
5.3 Orthotics
5.4 Therapeutic robots
5.5 Exoskeleton robots
Chapter 6 North America Rehabilitation Robots Market – By End-user
6.1 Hospitals
6.2 Rehabilitation centers
6.3 Medical clinics
6.4 Others
Chapter 7 North America Rehabilitation Robots Market – By Geography
7.1 Introduction
7.2 North America
7.2.1 U.S
7.2.2 Canada
7.2.3 Mexico
Chapter 8 North America Rehabilitation Robots Market – Company Profiles
8.1 Stryker Corporation
8.2 Hocoma AG
8.3 Hansen Medical, Inc.
8.4 Accuracy Incorporated
8.5 Omnicell, Inc.
8.6 Arxium
8.7 Intuitive Surgical, Inc.
8.8 EKSO Bionics Holdings, Inc.
8.9 Kirby Lester LLC
Chapter 9 North America Rehabilitation Robots Market – Competitive Landscape
9.1. Market Share Analysis
9.2. Strategies Adopted by top companies
9.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 10 Market Insights
10.1. Industry Experts Insights
10.2. Analysts Opinions
10.3. Investment Opportunities
Chapter 11 Appendix
11.1 List of Tables
11.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
Regional Report
$2,160.00 – $7,200.00
- EUR: €1,991.88 - €6,639.62
- INR: ₹180,043.09 - ₹600,143.64
- AED: د.إ7,927.20 - د.إ26,424.00
- GBP: £1,706.75 - £5,689.16
Description
Regional Reports
Additional information
Report Type | Extensive Report, Miniature report, Snapshot Report |
---|---|
Licence | Single User License, Team License, Corporate License |
A robot is a machine capable of adapting to and acting upon its environment thus extending human abilities or replacing them in some activities. It is composed of a mechanical structure made of one or more several mechanisms with a certain number of motorised degrees of freedom. Rehabilitation robots are mechanically operated robots designed to improve movement in individuals with physical impaired functioning. These robots are designed with the applications of techniques that determine the adaptability level of the patient. There are different types of robots that can be used in the results of a stroke. The In motion robot allows the participates to practice reaching movement in a horizontal plane with a reduction of gravity. The motions that are performed require shoulder flexion and extension and external rotation. One of the examples of rehabilitation robot is Hipbot, which is used in patients with limited mobility. Hipbot robot helps in the cases where people suffer a fracture by accident or have problems. These rehabilitation robots are also used for rehabilitation and related procedures including training and therapy.
North America Rehabilitation Robots Market Segments Size & Growth:
North America Rehabilitation Robots Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the North America Rehabilitation Robots Market are technological advancements, increase in funding for medical robots research, rising hospital investments in medical robots and advantages offered by the robot are the key factors that are driving the market growth. However, the high cost of robotic systems and safety concerns over robotic surgery devices are the main factor that is hindering the growth of the market. On the other hand, increasing patient preference for minimally invasive surgeries, rapid growth in the ageing population and development of nanorobots for cancer treatment are the major opportunities that drive the market growth during the forecast period.
North America Rehabilitation Robots Market Segments Share:
North America Rehabilitation Robots Market is segmented by the type which further consists of assistive robots, prosthetics, orthotics, therapeutic robots and exoskeleton robots. Among these types, assistive robots are the first type that substitutes for lost limb movements and contributes the largest market share and continues its dominance during the forecast period owing to the rise in the ageing population across the globe. The second type of rehabilitation robots is therapy robot, which is also known as rehabilitator, which allows patients to perform practice movements aided by robots. By the end user, the market is segmented into hospitals, rehabilitation centres, medical clinics and others. On the basis of Geography, U.S., is anticipated to have the largest market share owing to the reimbursement scenario in the U.S., funding by the U.S., Department of defense, raising venture capital investments in the U.S., government support in the country and increasing medical robot purchases backed by rising preference for minimally invasive surgeries.
North America Rehabilitation Robots Market Trends:
- Omnicell, Inc., discloses the ROBOT-Rx product, which is the market-leading robotic medication dispensing solution that increases efficiency and accuracy in the central pharmacy.
- Stryker launches expensive Mako robot for knee replacement in the cost-conscious era.
- Hocoma introduces brand new and go mobile robot for body-weight-supported gait training in the U.S., at AAPM&R conference.
North America Rehabilitation Robots Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players for the North America Rehabilitation Robots Market are:
- Stryker Corporation
- Hocoma AG
- Hansen Medical, Inc.
- Accuracy Incorporated
- Omnicell, Inc.
Along with these companies, there were many other companies considered/cited in the report while analysing the North America Rehabilitation Robots Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Technological advancements
4.1.2 Increase in funding for medical robots research
4.1.3 Rising hospital investments in medical robots
4.1.4 Advantages offered by a robot
4.2 Restraints & Challenges
4.2.1 High cost of robotic systems
4.2.2 Safety concerns over robotic surgery devices
4.3 Opportunities
4.3.1 Increasing patient preference for minimally invasive surgeries
4.3.2 Rapid growth in the aging population
4.3.3 Development of nanorobots for cancer treatment
Chapter 5 North America Rehabilitation Robots Market – By Type
5.1 Assistive robots
5.2 Prosthetics
5.3 Orthotics
5.4 Therapeutic robots
5.5 Exoskeleton robots
Chapter 6 North America Rehabilitation Robots Market – By End-user
6.1 Hospitals
6.2 Rehabilitation centers
6.3 Medical clinics
6.4 Others
Chapter 7 North America Rehabilitation Robots Market – By Geography
7.1 Introduction
7.2 North America
7.2.1 U.S
7.2.2 Canada
7.2.3 Mexico
Chapter 8 North America Rehabilitation Robots Market – Company Profiles
8.1 Stryker Corporation
8.2 Hocoma AG
8.3 Hansen Medical, Inc.
8.4 Accuracy Incorporated
8.5 Omnicell, Inc.
8.6 Arxium
8.7 Intuitive Surgical, Inc.
8.8 EKSO Bionics Holdings, Inc.
8.9 Kirby Lester LLC
Chapter 9 North America Rehabilitation Robots Market – Competitive Landscape
9.1. Market Share Analysis
9.2. Strategies Adopted by top companies
9.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 10 Market Insights
10.1. Industry Experts Insights
10.2. Analysts Opinions
10.3. Investment Opportunities
Chapter 11 Appendix
11.1 List of Tables
11.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
Our Clientele
Exclusive Benefits
Credibility and Transparency
We actively recruit consumers, business professionals, and hard-to-reach individuals as members of our research panels, and we build trusted, ongoing relationships with them. Thus we provide the complete list of primary and secondary data sources in the report to maintain the transparency and to assure the credibility.
Exhaustive Coverage
Detailed and extensive coverage in the geography.Survey consultation for brand tracking, concept testing, consumer behaviour, and more, we have you covered with market research services that scale to meet your needs.
Competitive Edge
Our reports cover most recent updates in the market till the date of the purchase. We identify, gather and timely deliver analysis on impact of unprecedented decisions of CXOs in COVID-19 catastrophe on many businesses, their clients and their clients' clients without additional cost.
Golden Opportunities
A comprehensive strategic sieve analysis of the market by our analysts and consultants, aided by AI tools helps us find the non-obvious, golden and emerging opportunities for you to evaluate.
Top-notch Reports Guaranteed
70% of our research is exclusive; no other research firm has the depth and breadth of our research.
Post Purchase Support
Post-purchase support is provided for all our reports, for three months from the date of purchase, where related queries will be answered within 24 business hours over telephone or email.