Assistive Robotic Rehabilitative Therapy Market Size (2023 – 2030)

The Global Assistive Robotic Rehabilitative Therapy Market was valued at USD 1.8 billion and is projected to reach a market size of USD 4.7 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.9%. 

Due to advancements in medical technology, many countries worldwide are facing the challenges of an aging population. This demographic shift has brought to the forefront issues related to neuromuscular disorders like Parkinson's disease and multiple sclerosis. In this context, rehabilitation treatments have proven highly effective for recovering lost muscular functions due to various diseases. These therapeutic approaches are also employed in addressing sports-related injuries. As a result, there is a growing demand for assistive robotic rehabilitation therapy. The continuous and rapid progress in robotics technology has led to the creation of increasingly sophisticated and advanced rehabilitation and assistive devices. These innovations are enhancing the effectiveness and efficiency of rehabilitation therapies. To meet the rising healthcare needs, both governments and private organizations are ramping up their investments in healthcare infrastructure, aiming to elevate the quality of patient care and improve overall outcomes. This concerted effort is expected to fuel the adoption of state-of-the-art assistive robotic rehabilitation technologies within healthcare settings.

Key Market Insights:

As per World Health Organization (WHO) reports, an estimated one billion individuals live with disabilities, accounting for approximately 15% of the world's population. Among these, there are up to 190 million individuals (about 3.8%) who are aged 15 and above and face significant challenges in performing daily functions, requiring healthcare interventions. The increasing prevalence of chronic health conditions coupled with global population aging is contributing to a growing number of people living with disabilities.

The Internet Stroke Center reports an annual occurrence of approximately 795,000 stroke cases in the United States. Meanwhile, the World Health Organization states that the global incidence of stroke reaches 15 million individuals annually, leading to permanent disabilities for 5 million among them.

According to a report presented by the Brain Injury Association of America, there are 2.8 million reported cases of traumatic brain injuries annually in the United States. This highlights a substantial demand for neurological rehabilitation services. Individuals who have experienced trauma or are dealing with nervous system-related disorders necessitate a rehabilitation program under the supervision of physiotherapists.

The population of the United States is undergoing a rapid aging process. Projections indicate that the improvements in life expectancy will double the number of individuals aged 65 and above by 2040, reaching a total of 81 million. This escalating demographic shift towards an elderly population highlights the importance of the development and implementation of assistive robots tailored for promoting independent living.

Global Assistive Robotic Rehabilitation Therapy Market Drivers:

The increasing geriatric population of the world is propelling the growth of the Global Assistive Robotic Rehabilitation Market.

The global rise in the elderly population will serve as a key advantage for the Assistive Robotics Rehabilitation Therapy Market. With a significant portion of the senior demographic prone to disabilities, there is an increased demand for assistive technologies. The market for robotic rehabilitation and assistive technology stands to gain from this trend from this demographic change. The increasing elderly population emphasizes the requirement for assistive robots to support self-sufficient living. This demographic shift significantly propels the growth of the Assistive Robotic Rehabilitation Market.

The rise in the prevalence of CVDs and the potential for rehabilitation of stroke is augmenting the Robotic Assistive Therapy Market.

Shifts in lifestyle, hypertension prevalence, and the swift aging of populations collectively contribute to the increasing cases of cardiovascular diseases (CVDs). The growing prevalence of CVDs has highlighted the need for rehabilitation therapies, particularly for patients recovering from interventional procedures. Consequently, the demand for rehabilitation robotics technologies has surged, which is driving the expansion of the market for assistive robotics technologies. Moreover, the global increase in stroke cases has generated an increased requirement for rehabilitation and assistive robotic technologies. This factor is serving as a driving force behind the growth of the market for the Assistive Robotic Rehabilitation Therapy Market.

The increase in innovation, research, and investment in assisted robotic rehabilitative techniques is contributing to the growth of the Assistive Robotic Rehabilitation Therapy Market.

The advent of artificial intelligence and machine learning holds the potential to fundamentally transform the landscape of assistive and rehabilitative technologies, ushering in an era of treatments that are tailored and efficient on an individual level. The expanding market in developing nations offers considerable prospects for manufacturers of rehabilitation and assistive technologies, especially given the rising integration of these innovations within healthcare frameworks. By fostering collaborations and alliances between technology firms and healthcare institutions, the door opens for the creation of progressively sophisticated and impactful technologies that will accelerate the growth of the Assistive Robotics Rehabilitation Therapy Market.

Assistive Robotic Rehabilitation Therapy Market Restraints and Challenges:

One of the major challenges within the domain of Assistive Robotics Rehabilitative Technologies is the diminished cognitive capabilities often observed in elderly individuals. This cognitive decline presents a significant obstacle in accurately determining the appropriate usage of robotic solutions. There is also a lack of awareness regarding the potential benefits of employing robotic rehabilitation for individuals with disabilities. Many people in remote regions are not yet informed about the advantages these technologies can offer in terms of enhancing their quality of life and recovery. The cost associated with acquiring assistive robotic devices and accessing related services might be prohibitive for a substantial portion of the population, impeding widespread adoption. The presence of poor healthcare infrastructure poses a significant challenge as the integration of advanced technologies like robotic rehabilitation might face barriers due to inadequate support systems. These factors collectively can hinder the growth of the Global Assistive Robotic Rehabilitation Therapy Market.

Assistive Robotic Rehabilitation Therapy Market Opportunities:

The demand for physical therapy services has witnessed an increased trajectory, attributed to factors like the growing elderly population and improved survival rates following events such as cerebrovascular accidents. Within this context, robotic assistive devices can play an important role by not only perceiving and processing sensory information but also executing tasks that specifically cater to the needs of seniors and individuals with disabilities. Anticipating the future trajectory, wearable assistive and rehabilitation robotics stand out as the prospective frontrunners in the realm of assistive robotic rehabilitation technologies. These technologies are expected to lead the way in the next few years, driven by ongoing research in the field of assistive rehabilitative technologies. Moreover, the increased availability of reimbursement options for these technologies, alongside governmental initiatives that encourage the adoption of advanced medical innovations, collectively create lucrative and promising business prospects in the time to come.

ASSISTIVE ROBOTIC REHABILITATIVE THERAPY MARKET REPORT COVERAGE:

Assistive Robotic Rehabilitation Therapy Market Segmentation: By Robot Type

• Assistive Robots

• Rehabilitative Robots

The segment of assistive robots held a dominant market share of over 55.0% in 2022. This segment is poised to be a major revenue contributor, projected to achieve a CAGR exceeding 13.8% within the global market throughout the forecast period.

The driving force behind this growth trajectory is due to the scientific advancements aimed at developing assistive robots, coupled with notable progress in the technology's design, safety features, and overall efficiency in the domain of robot-assisted rehabilitation. These combined efforts are anticipated to propel the assistive robots segment forward in the coming years, establishing it as a key player within the market.

Assistive robotic devices are an innovative approach to complement caregiving services and offer a resemblance of human-like companionship and care. However, the adoption of this technology raises valid ethical concerns and challenges.

The development and testing of Rehabilitation Robots tailored for physical therapy are currently underway, and scientific studies exploring the benefits of robot-assisted therapy, particularly in stroke rehabilitation, are being actively pursued. This signifies a promising direction for the field. Looking ahead, the segment of Rehabilitation Robots is projected to experience the most significant growth, with an impressive CAGR during the forecast period.

Assistive Robotic Rehabilitation Therapy Market Segmentation: By Portability

• Fixed

• Mobile

The segment of fixed robots was the most dominant in 2022 by holding the largest market revenue and it is estimated to grow at a CAGR of more than 11% during the forecast period. Fixed robotic devices are specifically engineered to operate within a stationary setting, often within environments like hospitals or rehabilitation centers. These devices tend to be larger and more intricate, as they do not demand frequent relocation. The growth of the standalone segment is attributed to multiple factors, including the increasing prevalence of disabilities and notable technological strides like the introduction of stereotactic technology. Moreover, the fixed segment benefits from a favorable reimbursement landscape, owing to the perceived effectiveness of these systems in facilitating patient rehabilitation. This, coupled with ongoing technological advancements, catalyzes the expansion of this segment. In contrast, mobile robotic devices are crafted for effortless relocation between different sites. These devices are generally characterized by their smaller and lighter build, enabling deployment across diverse environments such as medical facilities, clinics, and even within a patient's residence. Mobile robotic devices are the largest growing market in this segment.

Assistive Robotic Rehabilitation Therapy Market Segmentation: By Application

• Cognitive & Motor Skill Therapy

• Orthopedics & Sports Medicine

• Post-Surgery

• Others

Based on application, the post-surgery segment emerged as the dominant force within the global market, by holding over 32.0% of the share in 2022. This segment's dominance is primarily attributed to the increasing number of surgical interventions taking place worldwide. Post-surgery rehabilitation involves utilizing robotic devices to facilitate the recovery of patients who have undergone surgical procedures like joint replacements, spinal surgery, or amputations. These advanced devices play a crucial role in helping patients regain mobility and functional abilities in the areas affected by the surgery. Moreover, they provide valuable feedback to both patients and therapists, aiding in monitoring and gauging progress. Furthermore, the growing demand for assistive robotic rehabilitation therapies catering to patients during their post-surgery recovery phase is generating promising prospects for manufacturers of assistive robotics rehabilitation technologies. This trend highlights the potential business opportunities inherent within this segment of the market.

Post–surgery is the fastest growing segment in the global market owing to its application in providing relief and assisting patients in faster recovery. This segment is estimated to hold a significant market revenue share in the years to come. 

Global Assistive Robotic Rehabilitation Therapy Market Segmentation: By Region

• North America

• Europe

• Asia-Pacific

• South America

• Middle East & Africa

In 2022, the North American region asserted its dominance within the Robotic Rehabilitation & Assistive Technologies Market, securing a substantial market share of 40%. This was largely influenced by the presence of favorable reimbursement environments in key economies like Canada and the United States. Moreover, the rapid and early integration of advanced assistive and rehabilitation robotic devices played a pivotal role in bolstering the North American market's prominence. Meanwhile, Asia Pacific emerged as the second-largest contributor to the Assistive Robotics Rehabilitation Market. The region is projected to exhibit a CAGR of 13% throughout the forecast period. This growth trajectory can be attributed to several factors, including escalating healthcare expenditures, an aging population that is susceptible to various orthopedic disorders, and a notable uptick in the incorporation of robots and robotics technologies within the regional medical sector. These elements collectively highlight the increasing potential of the Asia Pacific in the Assistive Robotic Rehabilitation Therapy Market. Asia-Pacific region is projected to be the fastest growing market and exhibit the most substantial growth rate, attributed to factors such as its sizable population, escalating healthcare expenditures, and the mounting consciousness and uptake of robotic technologies.

COVID-19 Impact on Global Assistive Robotics Rehabilitation Therapy Market:

The pandemic had an adverse effect due to stringent lockdowns and trade restrictions which hampered the growth of the market. As healthcare systems across the globe grapple with the overwhelming demands of the virus, non-essential medical services, including rehabilitation therapies, faced disruptions. The pandemic exposed vulnerabilities in supply chains, affecting the manufacturing and distribution of assistive robotic devices However, in the post-pandemic phase, the lessons learned from this challenging period are likely to shape the trajectory of the Assistive Robotics Rehabilitation Therapy market. The integration of technology, telerehabilitation, and hybrid models of care delivery are expected to continue evolving to meet the evolving needs of patients, therapists, and healthcare systems in a more resilient and adaptable manner.

Latest Trends / Developments:

The global landscape of this industry is characterized by consolidation, where a small number of major players dominate a significant portion of the market share. Prominent manufacturers in the global robotic rehabilitation and assistive technologies sector are strategically engaging in research collaborations, forging purchase and distribution agreements, and focusing on the development of new products. These endeavors are aimed at enhancing their array of offerings and expanding their geographical reach on the global stage

As technology maintains its swift progress, the landscape of assistive rehabilitation technology experiences a continuous state of transformation. Among the latest trends within this realm, Artificial Intelligence (AI) and Machine Learning (ML) are driving a paradigm shift. These innovations are revolutionizing assistive technology by imbibing devices with the capacity to learn and adapt to the unique requirements of individuals, thereby delivering personalized and tailored support. Furthermore, the fusion of Robotics and Exoskeleton technologies is exerting a transformative influence on mobility assistance and rehabilitation solutions designed for individuals with physical disabilities. This combination is ushering in a new era of possibilities for enhanced movement and recovery. In parallel, the Internet of Things (IoT) is enabling the realization of smart homes, smart cities, and diverse applications that elevate convenience and efficiency in daily life. Through the integration of assistive technology with IoT infrastructure, an environment that fosters connectivity and accessibility is being fostered, catering to the needs of individuals with disabilities. Another notable trend is the surge in Personalized Assistive Solutions. The evolution of technology facilitates the tailoring of assistive devices to align with the specific needs of each user. This customization empowers users with more relevant and effective support, elevating the overall experience and outcomes.

Key Players:

1. ReWalk Robotics

2. Ekso Bionics

3. Kinova Inc.

4. AlterG

5. Vincent Medical

6. Instead Technologies

7. DIH Technologies Corporation

8. Mazor Robotics Ltd.

9. Cyberdyne Inc.

10. Bioxtreme Robotics Rehabilitation

In December 2022, Ekso Bionics enlarged its global presence by acquiring Parker Hannifin Corporation's human motion and control business division, which includes the Indigo lower limb exoskeleton product line

In November 2021, Inrobics Social Robotics, S.L.L., an offshoot of Universidad Carlos III de Madrid (UC3M), created a robotic apparatus that offers a distinctive amalgamation of motor and cognitive rehabilitation services, suitable for deployment in healthcare facilities and domestic environments alike. The developmental foundation for Inrobics stems from research findings originating in the University's Department of Computer Science and Engineering.