Assistive Robotics Market, Global Outlook and Forecast 2023-2030
- Siddhi Patil
- Sep 4, 2023
- 4 min read
The global Assistive Robotics market was valued at US$ 3640 million in 2022 and is projected to reach US$ 8076.2 million by 2029, at a CAGR of 12.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The assistive robotics market sizeis expected to grow from USD 4.1 billion in 2019 to USD 11.2 billion by 2024, at a CAGR of 22.3% during the forecast period. The increasing incidences of strokes and spinal cord injuries are one of the key factors driving the growth of assistive robotics market. The rising insurance coverage for medical exoskeletons and robotic surgeries is another factor driving market growth.
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This report aims to provide a comprehensive presentation of the global market for Assistive Robotics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Assistive Robotics. This report contains market size and forecasts of Assistive Robotics in global, including the following market information:
Global Assistive Robotics Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Assistive Robotics Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Assistive Robotics companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Physically Assistive Robots Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Assistive Robotics include Kinova Robotics (Canada), Focal Meditech (Netherlands), Cyberdyne (Japan), ReWalk Robotics (Israel), SoftBank Robotics (Japan), Ekso Bionics (US), Ubtech Robotics (China), Barrett Technology (US) and Hyundai (South Korea), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Assistive Robotics manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Assistive Robotics Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Assistive Robotics Market Segment Percentages, by Type, 2022 (%)
Physically Assistive Robots
Socially Assistive Robots
Mixed Assistive Robots
Global Assistive Robotics Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Assistive Robotics Market Segment Percentages, by Application, 2022 (%)
Elderly Assistance
Companionship
Handicap Assistance
Surgery Assistance
Industrial
Defense
Public Relations
Others (Construction; Space; Agriculture; Education; and Sports and Fitness)
Global Assistive Robotics Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Assistive Robotics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Assistive Robotics revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Assistive Robotics revenues share in global market, 2022 (%)
Key companies Assistive Robotics sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Assistive Robotics sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kinova Robotics (Canada)
Focal Meditech (Netherlands)
Cyberdyne (Japan)
ReWalk Robotics (Israel)
SoftBank Robotics (Japan)
Ekso Bionics (US)
Ubtech Robotics (China)
Barrett Technology (US)
Hyundai (South Korea)
Stryker (US)
Hocoma (Switzerland)
Blue Frog Robotics (France)
DreamFace Technologies (US)
Double Robotics (US)
Fourier Intelligence (China)
CT Asia Robotics (Thailand)
F&P Robotics (Switzerland)
Axosuits (Romania)
Japet Medical Devices (France)
Hanson Robotics (Hong Kong)
Motorika (US)
Rex Bionics (New Zealand)
Intuitive Surgical (US)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Assistive Robotics, market overview.
Chapter 2: Global Assistive Robotics market size in revenue and volume.
Chapter 3: Detailed analysis of Assistive Robotics manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Assistive Robotics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Assistive Robotics capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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