Industry and News Rehabilitation Robotics Market | Page 2

The prominent factors that are playing major role in the growth of overall Rehabilitation Robotics
Market are increasing number of stroke instances, mainly among the elderly population, advances
in robotics and bionics that help to diagnose more accurately. Whereas, the factors restraining
market growth are high cost of robotic devices particularly in countries with low and average
economy. It has been projected that the Rehabilitation Robotics Market will grow at significant
CAGR over the forecast period as the rising healthcare expenditure across the globe.
Rehabilitation Robotics Market is classified, by type into Assistive Robot, Therapy Robot. Assistive
Robots are helpful for lost limb movements. Therapy robot is also known as a rehabilitator. Therapy
robots allows patients to perform practice movements aided by the robot.
Rehabilitation Robotics Market is classified, by product types into Upper Extremity, Lower
Extremity, Exoskeleton, and others. The lower extremity segment accounted for the largest market
share of the Rehabilitation Robotics Market and will lead the market over the forecast period.
Moreover, the segment is expected to grow at significant CAGR during the forecast period. China is
expected to lead the Rehabilitation Robotics Market, this is due to presence of large number of
aging population, and by providing guidance & assistance to geriatric conditions.
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The upper extremity segment is expected to grow at fastest pace over the forecast period, the
reason being is increased focus on fitness, therapy, and health. Rehabilitation Robotics Market is
classified, bytechnology into Mobile Rehabilitation Robots, Fixed Base Rehabilitation Robots. Mobile
robots are most probably used for mobility support and for fetching or carrying. Whereas, fixed
based robots can be placed nearby a patient for feeding, medication, and other tasks.
Rehabilitation Robotics Market is classified, by applications into Sports and Orthopedic Medicine,
Neurorehabilitation, Military Strength Training, and others. Neurorehabilitation application helps to
reestablish hand function. Rehabilitation Robotics Market is segmented, geographically into North
America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and
Africa.