The global healthcare assistive robot market is expected to show a significant growth rate during the forecast period. Increase in funding for R&D on robotics technology fuel the growth of the healthcare assistive robot market. For instance, the National Institute of Health (NIH) is focusing on R&D investment to assistive robotics technology to ensure better healthcare outcomes. A rehabilitation robot enables patients in performing movements in post-surgical recovery. Robots assist in transporting medical supplies, sanitation, clinical management and perception drug-delivering so that human healthcare workers normally do those tasks that can focus more on their patients.
Robotics has made advancement in healthcare technology and the potential for medical robots appears limitless. The five robotic inventions which hold the most promise for medicine such as blood nanobots, melanoma detecting machines, telemedicine, robotic bestic, and PARO.The rising incidence of strokes across the globe is motivating the key players of the healthcare assistive robot market to launch technologically advanced and cost-efficient devices that can be affordable to the large pool of patients. For instance, in January 2019, Ubtech technologies, the leader in intelligent humanoid robotics had launched its most advanced and new version of two humanoid robots such as Walker and Cruzer. Walker is a groundbreaking bipedal humanoid robot that comes with an enhanced ability to grasp and manipulate objects and Cruzur is a cloud-based humanoid services robot that comes with an improved arm movement and powerful processor.
Moreover, the rising focus of industry players on the development of advancement in technology boosts the growth of the healthcare assistive robot market during the forecast period. For Instance, In October 2018, Willmott Dixon collaborated with Ekso Bionics to offer EksoVest an upper-body exoskeleton that supports arms during lifting to trail a high-tech exoskeleton vest to protect and support supply chain partners. This partnership is anticipated to improve the company’s presence in the UK. In March 2018, the National Stroke Association had formed an educational partnership with Ekso Bionics to grow awareness and access related advanced stroke rehabilitation exoskeleton technology that aids earlier mobility for stroke survivors.
Current Market Trends Covered in the Market Report
- Growing incidence of strokes across the globe.
- North America held the largest market share.
- Product launch is a key focus of major market players to remain competitive in the market.
- Improving healthcare spending through several government organizations in the emerging economies across the globe.
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Healthcare Assistive Robot Market- Segmentation
By Application
- Orthopedics
- Cognitive & Motor Skills
- Strokes
- Sports
By Portability
- Fixed Base
- Mobile
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Healthcare Assistive Robot Market – Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
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