Roboticare Market: A Complete Guide for Investors and Researchers

5 min read
Rising usage of automated rehabilitation systems and decreasing prices of sensors are the key factors driving market revenue growth
Roboticare Market

Roboticare Market

As part of Emergen Research’s Global Roboticare Market Research Report, key business details and extensive geographical spread of the Roboticare industry have been analyzed. The current COVID-19 pandemic is expected to have an effect on the growth of the Roboticare industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, Roboticare will probably be one of the markets that have been impacted, along with other sectors. The sector’s growth would be further hampered by the recession in the economy and the dynamic shifts in demand. The COVID-19 pandemic’s effects on the entire Roboticare industry are covered in the paper. In addition to a thorough qualitative and quantitative examination, the report also includes significant data regarding the Roboticare market. Based on historical data from 2017 and 2018, a thorough projection is given till 2030. Profiles of both established and up-and-coming players are also provided, together with information on their business strategies, product portfolios, strategic alliances, and business expansion plans.

The global roboticare market size reached USD 482.6 Million in 2021 and is expected to register a revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Rising usage of automated rehabilitation systems and decreasing prices of sensors are expected to support market revenue growth between 2022 and 2030. Adoption of rehabilitation and hospital robots is rapidly growing with increasing penetration into medical environment. Rehabilitation robots are autonomously operated machines developed to improve movement in a patient with lower physical functionality. Some of the factors that boost usage of rehabilitation systems include advancements in robotic technology, increasing aging population, and growing awareness about rehabilitation robots. In addition, decreasing price of sensors led to use it more in robotics technology which is expected to drive roboticare market revenue growth during the forecast period.

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The report bifurcates the Roboticare market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Key Companies Profiled in the Report are:

Sony Corporation, ReWalk Robotics Ltd., Bionik Laboratories Corporation, Cyberdyne Inc., Ekso Bionics Holdings Inc., Rex Bionics Ltd., Intuition Robotics, Hanson Robotics Limited, Hocoma AG, Samsung Electronics Co., Ltd., Myomo, Inc., and ASUSTek Computer Inc

Regional Landscape section of the Roboticare report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Roboticare market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

On the basis of type, the market is segmented into

  • Application Outlook (Revenue, USD Million; 2019–2030)
    • Rehabilitation Robots
    • Emotional Support Robots
    • Robotic Nurses
  • End-Use Outlook (Revenue, USD Million; 2019–2030)
    • Hospitals
    • Rehabilitation Centers
    • Homecare
  • Regional Outlook (Revenue, USD Million; 2019–2030)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Research Report on the Roboticare Market Addresses the Following Key Questions:

  • Who are the dominant players of the Roboticare market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Roboticare market?
  • What are the key growth drivers and restraining factors of the Roboticare market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Roboticare market and its key segments?

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