Europe Rehabilitation robots Market
Europe consists of five major countries namely Germany, the UK, France, Spain, and Italy. The market is also evaluated for the Rest of Europe market. Europe occupies second position in the global rehabilitation robots market and is expected to register robust growth rate over the forecast period. Increasing incidences of stroke, and the favorable government initiatives for rehabilitation robots are likely to be the major factors driving the growth of this market in the European region. Numerous hospitals have started using robotics within their rehabilitation centers. For instance, Kindred Hospital Rehabilitation Services installed Bionik Laboratories' InMotion Arm robotic system in its inpatient rehabilitation hospitals throughout the UK. A UK-based care and rehab center is now able to deliver robotics expertise as part of its global rehabilitation offering. The technology will assist in the treatment of a range of conditions, including spinal injuries, brain injuries, and various traumas, as well as strokes and other neurological conditions. Besides, the geriatric population in the UK is rising, with the most significant increase in the 65-years and more age group, which results in an increase in both personal other health because the older people have greater chance of developing stroke and deformities. Moreover, Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organization to improve their offering for rehabilitation robots market in rest of Europe.
The impact of the COVID-19 pandemic on cancer patients is high in terms of anxiety, fear, and psychological distress. In Among all European countries, Spain, Italy, Germany, France, and UK are most affected due to increasing number of coronavirus cases and deaths associated with it. Patients suffering from stroke or COVID-19 develop anxiety, depression, fatigue, and post-traumatic stress disorder. In addition to the physical or cognitive state, psychological health acts as an indicator of the surviving population's quality of living. Patients suffering from stroke or COVID-19 develop anxiety, depression, fatigue, and post-traumatic stress disorder in European region. In addition to the physical or cognitive state, psychological health acts as an indicator of the surviving population's quality of living. The coronavirus disease (COVID-19) outbreak requires rapid reshaping of rehabilitation services to include patients recovering from severe COVID-19 with post-intensive care syndromes, which results in physical deconditioning and cognitive impairments, patients with comorbid conditions, and other patients requiring physical therapy during the outbreak with no or limited access to hospital and rehabilitation centers. Thus, the rise in development of cognitive state, psychological health there is chance of growth for the rehabilitation robot market. Nevertheless, the market player companies are not able to launch the new technologies due to burden of pandemic in European region is likely to hamper the growth of market.
Strategic insights for the Europe Rehabilitation robots provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 185.69 Million |
| Market Size by 2028 | US$ 708.87 Million |
| Global CAGR (2021 - 2028) | 21.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Rehabilitation robots refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The rehabilitation robots market in Europe is expected to grow from US$ 185.69 million in 2021 to US$ 708.87 million by 2028; it is estimated to grow at a CAGR of 21.1% from 2021 to 2028. Wearable exoskeletons are emerging as revolutionary devices for gait rehabilitation due to the active participation of a user, which promotes physical activity and the possibility of being used as an assistive device in the community. There has been a rapid increase in the number of studies on wearable exoskeletons in since past 10 years, following the general tendency now toward rehabilitation robots. A few of these devices already have FDA approval and/or CE mark, and are commercially available, whereas many devices are still under development. The use of ADM also helps skip skin grafting procedure and harvest tissues from one’s own body, which acts as an advantage for the patients and healthcare providers. Moreover, these matrices are available in different shapes, sizes, and thicknesses to meet the specific needs of the patients. According to a statistical survey conducted by Cambridge University Medical School, published in the Journal of Plastic, Reconstructive & Aesthetic Surgery (2018), the implant-only reconstruction procedures increased from 16% to 52% since last decade, following the adoption of rehabilitation robot at the hospitals and rehabilitation centers.
The Europe rehabilitation robots market is segmented into type and end user. Based on type, the rehabilitation robots market is segmented into therapeutic robots, assistive robots, exoskeleton robots, and prosthetic robots. The exoskeleton robots segment held the largest share of the market in 2020. Based on end-user, the rehabilitation robots market is segmented into hospitals, rehabilitation centers, and specialty clinics. The rehabilitation centers segment held the largest share of the market in 2020.
A few major primary and secondary sources referred to for preparing this report on the rehabilitation robots market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cyberdyne Inc.; DIH Medical; Ekso Bionics Holdings Inc; Kinova Inc; Rewalk Robotics Ltd; Rex Bionics Ltd; and Toyota Motor Corporation.
The Europe Rehabilitation robots Market is valued at US$ 185.69 Million in 2021, it is projected to reach US$ 708.87 Million by 2028.
As per our report Europe Rehabilitation robots Market, the market size is valued at US$ 185.69 Million in 2021, projecting it to reach US$ 708.87 Million by 2028. This translates to a CAGR of approximately 21.1% during the forecast period.
The Europe Rehabilitation robots Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Rehabilitation robots Market report:
The Europe Rehabilitation robots Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Rehabilitation robots Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Rehabilitation robots Market value chain can benefit from the information contained in a comprehensive market report.
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