Roboticare Market: A Study of the Key Applications and Technologies

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Rising usage of automated rehabilitation systems and decreasing prices of sensors are the key factors driving market revenue growth

The Global Roboticare Market report reviews historical and current data along with in-depth analysis of market dynamics. The market growth driving and restricting factors that are anticipated to have an impact on market growth during the projected period are also discussed in the study. The global Roboticare market studies the market scenario to make growth forecasts for the Roboticare industry during the forecast period 2022-2030.  The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Roboticare market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East Africa. This paper looks at other important characteristics of regional markets in addition to the drivers and restraints of revenue growth, production and consumption patterns, shifting consumer tastes, and strict regulatory standards.

The global roboticare market size reached USD 482.6 Million in 2021 and is expected to register a revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Rising usage of automated rehabilitation systems and decreasing prices of sensors are expected to support market revenue growth between 2022 and 2030. Adoption of rehabilitation and hospital robots is rapidly growing with increasing penetration into medical environment. Rehabilitation robots are autonomously operated machines developed to improve movement in a patient with lower physical functionality. Some of the factors that boost usage of rehabilitation systems include advancements in robotic technology, increasing aging population, and growing awareness about rehabilitation robots. In addition, decreasing price of sensors led to use it more in robotics technology which is expected to drive roboticare market revenue growth during the forecast period.

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Key companies operating in the Roboticare market include:

Sony Corporation, ReWalk Robotics Ltd., Bionik Laboratories Corporation, Cyberdyne Inc., Ekso Bionics Holdings Inc., Rex Bionics Ltd., Intuition Robotics, Hanson Robotics Limited, Hocoma AG, Samsung Electronics Co., Ltd., Myomo, Inc., and ASUSTek Computer Inc

The important global markets are further examined in the study with regard to import/export, supply and demand, revenue creation, market share and size, and the presence of significant players in the regions. The regional analysis part of the study includes a section on company expansion intentions in the various regions.

The report closely studies the growth trajectory of the global Roboticare market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Roboticare Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

The prominent players in the market are further examined in the research along with their company profiles, product portfolios, growth strategies, and strategic alliances including, but not limited to, mergers and acquisitions, partnerships, and joint ventures. Along with details of their accomplishments and financial positions, it also provides insights into their worldwide positioning and market reach.

The Global Roboticare Report, a comprehensive assessment of the whole Roboticare market by Emergen Research, includes a thorough analysis of product and technology advances in the Roboticare market. The study offers a thorough analysis of the important aspects of the keyword market that are anticipated to favorably affect the sector's expansion.

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Roboticare industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

On the basis of type, the market is segmented into

  • Application Outlook (Revenue, USD Million; 2019–2030)

    • Rehabilitation Robots
    • Emotional Support Robots
    • Robotic Nurses
  • End-Use Outlook (Revenue, USD Million; 2019–2030)

    • Hospitals
    • Rehabilitation Centers
    • Homecare
  • Regional Outlook (Revenue, USD Million; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Additionally, the report's charts, tables, graphs, figures, and diagrams convey the analytical data in an orderly manner. Because of this, it is simpler for readers to understand the market situation in a useful way. In order to help the reader, make wise business decisions, the study also attempts to offer a forward-looking viewpoint and an informative conclusion. A thorough SWOT and Porter's Five Forces analysis of the market segments expected to dominate the market, regional division, estimated market size and share, and more are included in the report's conclusion.

Key Questions Addressed in the Report:

  • Who are the leading players in the Roboticare industry?
  • Which region is expected to dominate the market in the coming years?
  • What are the key applications of Roboticare?
  • Which segment is expected to garner traction during the coming years?
  • What are the key strategies adopted by leading players in the market?

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