Rehabilitation Robots Market

Report Overview

The rehabilitation robot market was pegged at US$ 1,168.64 million in 2021 and is expected to witness a CAGR of 19.2% during the forecast period.

Market Fundamentals 

Globally, there has been a consistent increase in the number of individuals suffering from several debilitating conditions that affect the normal day to day physical functions such as movement, motion from one place to other etc. Physical rehabilitation is a complex interventional process, where different exercises and tools are used for ensuring restoration of normal physical movements and structure. With the advent of technological innovation, medical robots have witnessed new applications in the field of rehabilitation. 

The increasing aging population and a growing number of stroke rendering people immobile are among the significant factors driving the demand from the rehabilitation robots market. Research into rehabilitation robotics is proliferating, and the number of therapeutic rehabilitation robots is also expected to expand over the forecast period. Robot rehabilitation therapy can deliver high-intensity training, thus, making it useful for patients with motor disorders caused by spinal cord disease or stroke.

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Market Dynamics

Growing aged population, increased incidence of stroke and other debilitating conditions, sedentary lifestyle, and occupational hazards are some of the key factors that are consequently supporting the growth of the global rehabilitation robots market. Furthermore, proliferation of research and development activities, technical advancements such as integration of AI tools and remote connectivity are anticipated to pave way for future growth opportunities in this market. Conversely, lack of awareness in some regions and high costs of products are some major market restraints to rehabilitation robots. 

The global population is aging rapidly. This is also corresponding to growing risk and incidence of age-related degenerative conditions such as stroke, neurological diseases and musculoskeletal trauma and injuries. There are several musculoskeletal conditions that are commonly associated with aging, such as bone fragility, reduced ligament elasticity, fat redistributions resulting in restricted movements, loss of cartilage resilience etc. Majority of such conditions increase dependence of patients on mobility aids and demand intensive and long-term rehabilitation regimen. During the last decade, the adoption of robot-assisted rehabilitation solutions has prominently increased. This is mainly due to advantages against traditional rehabilitation interventions. Studies indicate that platform-based rehabilitation robots have presented positive treatment outcomes. Products such as Hunova robot and Rutgers ankle are also found to be effective in treatment of neurological conditions such as spinal cord injuries, Parkinson’s disease, stoke and other ankle injuries.  

Market Ecosystem

The rehabilitation robot market has been analyzed from four perspectives: By Type, End-User, and Region.

Rehabilitation Robots Market by Type

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Based on type, the market has been segmented into therapeutic robots, exoskeleton robots, and assistive robots. The exoskeleton robotic rehabilitation segment is expected to hold the largest share in the market. Healthcare systems in the developed parts of the world have adopted robotic rehabilitation from defense use to medical facilities for treatment of physical diseases and injuries. The growth of the segment can be attributed to its advantages such as its ability to improve the gait cycle and cardiovascular health as per the body composition of the patients. Integration of AI also helps to improvise the physical status of the patients by encouraging them to be more physically active through treatment regimen modification as per the patient’s pace which offers better treatment outcomes. 

Rehabilitation Market by End User

Based on end-user, the market has been segmented into hospitals and clinics, rehabilitation centers and others. The hospitals & clinics segment is expected to dominate the robotic rehabilitation market with the highest share during the forecast period. The growth of the segment can be attributed to the greater patient footfall to hospitals for the treatment of various physiological traumas, availability of experienced staff and personnel, and presence of economies and better healthcare infrastructure.  

Rehabilitation Robots Market by Region

Based on region, the rehabilitation robot market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America dominates the global rehabilitation robots market in terms of revenue and is expected to hold the largest share in the market during the forecast period. The growth of this market can be attributed to its deep-rooted robotic industry, quality of the services, high expenditure structure, better healthcare ecosystem, and rising implementation of advanced and innovative technologies.

Competitive Landscape

Some of the prominent players operating in the rehabilitation robot market are 

• Bionik Laboratories Corp
• Kinova Inc
• Rex Bionics Ltd
• BioXtreme Ltd
• Ekso Bionics Holdings Inc
• Hocoma
• Corindus, Inc
• Cyberdyne Inc
• ReWalk Robotics Inc
• Biodex Medical Systems Inc
• Among others

Strategic Developments

• In January 2022, Schepp Medtech, an Austrian medical device development company, joined BTL together with their state-of-the-art PerPedes gait training robot to enhance the BTL´s already very complex physiotherapy product portfolio. As per BTL, this initiative aligns with their goal to expand their R&D capabilities and product portfolio synergies.
• In November 2021, CYBERDYNE USA Inc. exchanged the basic agreement with RISE Physical Therapy, Inc. to purchase their business. RISE is a rehabilitation medical institution that runs 16 outpatient rehabilitation clinics in California, USA. Following the acquisition agreement, RISE will become a consolidated subsidiary of CYBERDYNE Inc., and the strategy shall as a result prominently expand the product portfolio of CYBERDYNE.  
• In March 2021, DIH, a leading global robotics and virtual reality (VR) technology provider, announced entering into a strategic partnership agreement with Reha Technology. DIH will promote and distribute Reha Technology´s end-effector-based gait therapy devices
• In November 2019, Toyota Motor Corporation announced the launch of its new Welwalk WW-2000, a robot designed to provide rehabilitation support to individuals with lower limb paralysis because of stroke and other causes.
• In May 2019, ReWalk Robotics, Ltd. a manufacturer of robotic medical devices for individuals with lower limb disabilities, announced that the ReStore Exo-Suit for stroke rehabilitation has received CE marking, clearing it for sale to rehabilitation clinics in the European Union.
• In January 2019, Canada-based healthcare company Bionik Laboratories launched the InMotion ARM/HAND robotic system, designed to aid in the clinical rehabilitation of stroke survivors.

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