Market Overview:
The global upper extremity rehabilitation robotic market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The increasing demand for advanced rehabilitation therapies and the rising incidence of chronic diseases are some of the major factors that are driving the growth of this market. The growing geriatric population is also contributing to the growth of this market, as they are more susceptible to injuries and require rehabilitative therapies. The global upper extremity rehabilitation robotic market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into move robots and fixed robots. On the basis of application, it can be classified into sports and orthopedic medicine, neurorehabilitation, military strength training, and other applications. In terms of region, it can be segmented into North America,, Latin America,, Europe,, Asia Pacific,,and Middle East & Africa,.
Product Definition:
Upper extremity rehabilitation robotic devices are used to assist people with upper extremity disabilities in regaining movement and function. These devices can help improve range of motion, strength, and dexterity. Upper extremity rehabilitation robotic devices are often used after an injury or surgery to help patients regain lost functionality.
Move Robot:
The global upper extremity robotic market size was valued at USD 6.7 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The major factor driving this market includes increasing geriatric population, which has resulted into higher prevalence of target diseases such as arthritis, stroke, & Parkinson's disease among others that require mobility-related assistance for day to day activities.
Fixed Robot:
Fixed robot and it's usage in upper extremity rehabilitation robotic market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for minimally invasive procedures coupled with technological advancements such as computerized tracking systems, motion capture technology, and 3D imaging.
Application Insights:
The sports and orthopedic medicine segment dominated the robotic upper extremity rehabilitation market in 2017. This is attributed to an increase in the number of sports-related injuries and a rise in geriatric population with musculoskeletal disorders. According to a study published by NCBI, around 54% of total sporting injuries occur among adults above 30 years age group. Moreover, as per the National Council on Aging, around 60% of older adults suffer from chronic conditions like arthritis or osteoarthritis which contributes towards a large share of this market revenue generation capacity.
Sports and orthopedic medicine segment held more than 40% share owing to high prevalence of these disorders coupled with rising number of patients seeking treatment for such conditions at hospitals or private clinics.
Regional Analysis:
North America dominated the global upper extremity rehabilitation robotic market in 2017. The region is expected to maintain its position during the forecast period. Increasing prevalence of osteoarthritis and other joint-related problems, growing geriatric population, and rising adoption of advanced technologies are some factors contributing to the growth of this vertical in North America. In addition, increasing reimbursements for innovations in robotics devices are also positively impacting regional growth. For instance, according to a study published by Journal of American Medical Association (JAMA), between January 1 st and December 31 st 2015; approximately 958 total claims were filed for robot-assisted therapy across all 50 states with a total reimbursement amounting to USD X million [ ].
Growth Factors:
- Increasing incidence of musculoskeletal disorders: The increasing incidence of musculoskeletal disorders is one of the key growth drivers for the Upper Extremity Rehabilitation Robotic market. According to a study by the World Health Organization, musculoskeletal disorders account for nearly one-third of all global diseases. This is attributed to the rising aging population and changing lifestyles.
- Growing demand for technologically advanced rehabilitation therapies: There is a growing demand for technologically advanced rehabilitation therapies, which can help in restoring mobility and function in patients suffering from Upper Extremity Rehabilitation Robotic injuries or disabilities. This has led to an increase in adoption of Upper Extremity Rehabilitation Robotic devices by healthcare providers worldwide.
- Rising awareness about benefits of Upper Extremity Rehabilitation Robotics: There is a growing awareness among people about the benefits associated with using Upper Extremity Rehabilitation Robotics devices for rehabilitating injured or disabled patients. This has helped fuel demand for these devices across various regions globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Upper Extremity Rehabilitation Robotic Market Research Report
By Type
Move Robot, Fixed Robot
By Application
Sports and Orthopedic Medicine, Neurorehabilitation, Military Strength Training
By Companies
AlterG, Bionik, Ekso Bionics, Myomo, Hocoma, Focal Meditech, Honda Motor, Instead Technologies, Aretech, MRISAR, AlterG, Motorika, SF Robot, Rex Bionics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Upper Extremity Rehabilitation Robotic Market Report Segments:
The global Upper Extremity Rehabilitation Robotic market is segmented on the basis of:
Types
Move Robot, Fixed Robot
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sports and Orthopedic Medicine, Neurorehabilitation, Military Strength Training
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AlterG
- Bionik
- Ekso Bionics
- Myomo
- Hocoma
- Focal Meditech
- Honda Motor
- Instead Technologies
- Aretech
- MRISAR
- AlterG
- Motorika
- SF Robot
- Rex Bionics
Highlights of The Upper Extremity Rehabilitation Robotic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Move Robot
- Fixed Robot
- By Application:
- Sports and Orthopedic Medicine
- Neurorehabilitation
- Military Strength Training
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Upper Extremity Rehabilitation Robotic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Upper extremity rehabilitation robotic is a type of medical device that helps patients with upper extremity injuries regain movement and function. The device uses sensors to track the patient's movements, and then sends commands to a robotic arm or other devices to help the patient achieve their goals.
Some of the major companies in the upper extremity rehabilitation robotic market are AlterG, Bionik, Ekso Bionics, Myomo, Hocoma, Focal Meditech, Honda Motor, Instead Technologies, Aretech, MRISAR, AlterG, Motorika, SF Robot, Rex Bionics.
The upper extremity rehabilitation robotic market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Upper Extremity Rehabilitation Robotic Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Upper Extremity Rehabilitation Robotic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Upper Extremity Rehabilitation Robotic Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Upper Extremity Rehabilitation Robotic Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Upper Extremity Rehabilitation Robotic Market Size & Forecast, 2018-2028
4.5.1 Upper Extremity Rehabilitation Robotic Market Size and Y-o-Y Growth
4.5.2 Upper Extremity Rehabilitation Robotic Market Absolute $ Opportunity
Chapter 5 Global Upper Extremity Rehabilitation Robotic Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Upper Extremity Rehabilitation Robotic Market Size Forecast by Type
5.2.1 Move Robot
5.2.2 Fixed Robot
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Upper Extremity Rehabilitation Robotic Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Upper Extremity Rehabilitation Robotic Market Size Forecast by Applications
6.2.1 Sports and Orthopedic Medicine
6.2.2 Neurorehabilitation
6.2.3 Military Strength Training
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Upper Extremity Rehabilitation Robotic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Upper Extremity Rehabilitation Robotic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Upper Extremity Rehabilitation Robotic Analysis and Forecast
9.1 Introduction
9.2 North America Upper Extremity Rehabilitation Robotic Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Upper Extremity Rehabilitation Robotic Market Size Forecast by Type
9.6.1 Move Robot
9.6.2 Fixed Robot
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Upper Extremity Rehabilitation Robotic Market Size Forecast by Applications
9.10.1 Sports and Orthopedic Medicine
9.10.2 Neurorehabilitation
9.10.3 Military Strength Training
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Upper Extremity Rehabilitation Robotic Analysis and Forecast
10.1 Introduction
10.2 Europe Upper Extremity Rehabilitation Robotic Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Upper Extremity Rehabilitation Robotic Market Size Forecast by Type
10.6.1 Move Robot
10.6.2 Fixed Robot
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Upper Extremity Rehabilitation Robotic Market Size Forecast by Applications
10.10.1 Sports and Orthopedic Medicine
10.10.2 Neurorehabilitation
10.10.3 Military Strength Training
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Upper Extremity Rehabilitation Robotic Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Upper Extremity Rehabilitation Robotic Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Upper Extremity Rehabilitation Robotic Market Size Forecast by Type
11.6.1 Move Robot
11.6.2 Fixed Robot
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Upper Extremity Rehabilitation Robotic Market Size Forecast by Applications
11.10.1 Sports and Orthopedic Medicine
11.10.2 Neurorehabilitation
11.10.3 Military Strength Training
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Upper Extremity Rehabilitation Robotic Analysis and Forecast
12.1 Introduction
12.2 Latin America Upper Extremity Rehabilitation Robotic Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Upper Extremity Rehabilitation Robotic Market Size Forecast by Type
12.6.1 Move Robot
12.6.2 Fixed Robot
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Upper Extremity Rehabilitation Robotic Market Size Forecast by Applications
12.10.1 Sports and Orthopedic Medicine
12.10.2 Neurorehabilitation
12.10.3 Military Strength Training
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Upper Extremity Rehabilitation Robotic Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Upper Extremity Rehabilitation Robotic Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Upper Extremity Rehabilitation Robotic Market Size Forecast by Type
13.6.1 Move Robot
13.6.2 Fixed Robot
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Upper Extremity Rehabilitation Robotic Market Size Forecast by Applications
13.10.1 Sports and Orthopedic Medicine
13.10.2 Neurorehabilitation
13.10.3 Military Strength Training
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Upper Extremity Rehabilitation Robotic Market: Competitive Dashboard
14.2 Global Upper Extremity Rehabilitation Robotic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AlterG
14.3.2 Bionik
14.3.3 Ekso Bionics
14.3.4 Myomo
14.3.5 Hocoma
14.3.6 Focal Meditech
14.3.7 Honda Motor
14.3.8 Instead Technologies
14.3.9 Aretech
14.3.10 MRISAR
14.3.11 AlterG
14.3.12 Motorika
14.3.13 SF Robot
14.3.14 Rex Bionics
