Robotic Rehabilitation and Assistive Technologies Market Outlook 2031

• The global robotic rehabilitation and assistive technologies market was valued at US$ 1.7 Bn in 2021
• The global market is projected to advance at a CAGR of 12.5% from 2022 to 2031
• The global robotic rehabilitation and assistive technologies market is anticipated to reach more than US$ 5.5 Bn by 2031

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Analysts’ Viewpoint on Robotic Rehabilitation and Assistive Technologies Market Scenario

The global robotic rehabilitation and assistive technologies market has been growing significantly due to the rise in demand for physical therapy services owing to the increase in geriatric population and improved survival rates from conditions such as cerebrovascular accidents. Robotic assistive devices can sense and process sensory information, and perform activities that benefit seniors and people with disabilities. Technologies such as wearable assistive and rehabilitation robotics will be the future of robotic rehabilitation and assistive technologies in the next few years. Currently, the market is dominated by countries such as the U.S., Germany, France, the U.K., Japan, and China. Surge in awareness about the benefits of robotic rehabilitation and assistive technologies is expected to drive the global market during the forecast period.

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Robotic Rehabilitation and Assistive Technologies Market Introduction

Rehabilitation robots or assistive robots perform a physical task for the well-being of a person with a disability. The global robotic rehabilitation and assistive technologies market is driven by the increase in geriatric population and rise in per capita health care expenditure. Applications of rehabilitation and assistive robotic technologies are growing fast. For example, the McGill University has developed a robot that helps wheelchair-bound patients stand and walk. It supports gait training and neuro-rehabilitation. The global market is expected to grow at a rapid pace during the forecast period due to the surge in adoption of rehabilitation and assistive robotics during the COVID-19 pandemic. The assistive and rehabilitation robotics market offers significant opportunities for robotic rehabilitation and assistive technologies manufacturers. Innovations in rehabilitation and assistive robotics technologies landscape have led to the development of robotic exoskeleton suits that are enabling paraplegic patients to eliminate the need for wheelchairs.

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Rise in Prevalence of CVDs and Long-term Disabilities to Drive Demand for Robotic Rehabilitation and Assistive Technology Products

Rise in prevalence of chronic diseases has increased the patient pool undergoing interventional procedures followed by rehabilitation therapies globally, resulting in high demand for rehabilitation robotics technologies. Changing lifestyles, rapidly aging population, and hypertension contribute to the rise in prevalence of cardiovascular diseases (CVDs). Stroke is the leading cause of long-term disability in the U.S. Growth in prevalence of stroke across the world has led to an increase in need for rehabilitation and assistive robotics technologies. Surge in the number of stroke patients has increased rehabilitation, leading to the growth of the robotic rehabilitation and assistive technologies market.

According to the Internet Stroke Center, around 795,000 people suffer from stroke in the U.S. every year. As per the World Health Organization, 15 million people suffer from stroke globally each year; of these, 5 million are permanently disabled. Rise in prevalence of neuromotor and orthopedic disorders such as cerebral palsy, rheumatoid arthritis, and spinal cord injury globally is driving the demand for assistive robotic technologies, thereby propelling the rehabilitation and assistive technologies market. According to CDC, around 54.4 million U.S. adults suffered from arthritis in 2017. Rapid increase in percentage of amputees and permanent or temporary impairment across the world is expected to boost the demand for robotic rehabilitation and assistive technologies. This, in turn, is likely to drive sales of rehabilitation and assistive robotic technology products during the forecast period. Currently, around 15% of the world's population, or roughly 1 billion people, live with a disability.

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