Artificial Intelligence (AI) In Rehabilitation Robotics Market Size, Share, Opportunities, And Trends By Type (Exoskeleton Robots, Prosthetics Robots, Assistive Robots, Therapeutic Robots), By Application (Stroke Rehabilitation, Spinal Cord Injury Rehabilitation, Orthopedic Rehabilitation, Neurological Rehabilitation, Others), By End-User (Hospitals And Clinics, Rehabilitation Centers, Research Institutes and Academic Centers, Others), And By Geography - Forecasts From 2024 To 2029
- Published : Oct 2024
- Report Code : KSI061615948
- Pages : 129
Artificial Intelligence (AI) In Rehabilitation Robotics Market Size:
The Artificial Intelligence (AI) in rehabilitation robotics market is expected to grow at a CAGR of 24.33%, reaching a market size of US$9.098 billion in 2029 from US$3.062 billion in 2024.
Artificial intelligence in rehabilitation robotics is a dynamic, ever-widening area wherein superior robotics and AI technology combine to revolutionize physical rehabilitation. There has been an upsurge in populace aging and increased costs of neurological and musculoskeletal problems, leading to new demands for instant, green, and individualized rehabilitation therapies. Rehab robots with synthetic intelligence give patients adaptive assistance, individualized treatment plans, and real-time facts evaluation to enhance patient results and make rehabilitation tactics greener. These newest robots are indeed able to deliver intensively tailored therapy sessions to a wide variety of patients with diverging demands. The market for AI in rehabilitation robotics will grow significantly, hence gaining a substantial impact worldwide when AI technology advances.
Artificial Intelligence (AI) in Rehabilitation Robotics Market Drivers:
- Integration of AI with rehabilitation robotics enhances the AI in rehabilitation robotics market growth.
The application of rehabilitation robotics through artificial intelligence increasingly improves innovative economies daily. This is because AI is integrated into advanced robots to revolutionize physical rehabilitation. This shift is driven by demographic factors, particularly the increasing number of elderly individuals and the prevalence of diseases affecting the nervous and musculoskeletal systems. Furthermore, in addition to synthetic intelligence-based rehabilitation robots, rehabilitation is capable of state-of-the-art facts processing, transforming the level and timing of intervention and patient control. The incorporated gentle wares of these complex therapy robots are capable of alternating and creating specific clinically powerful alterations of remedy recurring for various patients. Given the improvements in AI, it is predicted that the market for rehabilitation robotics will enlarge appreciably in the following few years and enhance the global healthcare landscape.
- Demand for personalized and adaptive therapy solutions is anticipated to drive market growth
A cutting-edge healthcare approach is personalized and adaptive therapy solutions that tailor treatments for individual patients using technologies like AI and data analytics. Within the framework of rehabilitation robotics, personalized therapy solutions create tailored treatment plans by utilizing patient-specific data, including functional capacities, medical history, and progress. Therapy is kept successful and relevant by adjusting these plans in real-time based on the patient's responses and development. Rehabilitation robots can adjust activities and support levels in real-time to accommodate changes in the patient's capabilities and condition via adaptive treatment systems. A new era of patient-centered rehabilitative care is introduced by this personalized approach, enhancing therapy effectiveness, promoting faster recovery, and boosting patient engagement and satisfaction.
- The rising prevalence of neurological and musculoskeletal disorders boosts the AI in rehabilitation robotics market size.
The upward thrust within neurological and musculoskeletal disorders is one of the number one reasons for the developing adoption of AI in the rehabilitation robots marketplace. Neurological conditions, together with stroke, spinal twine injury, and a couple of sclerosis, in addition to musculoskeletal problems like arthritis and joint trauma hassle, thousands and thousands of humans around the arena. Owing to situations like an increasing age population and even inactive lifestyles, there is a rising need for better rehabilitative measures. AI assists rehabilitation robots and allows patients to receive appropriate and effective treatment that improves functional recovery and overall well-being. The increasing census of patients emphasizes the importance of innovations in the provision of tailored and effective rehabilitation therapies.
Artificial Intelligence (AI) in Rehabilitation Robotics Market Restraints:
- High initial costs are anticipated to impede market growth
The industry's need is increased by the quick developments in robotics, AI, machine learning, and sensor technologies, improving rehabilitation robots' capabilities and efficacy. However, the high initial cost of rehabilitation robots, regulatory obstacles, and technological limitations like robotic dexterity, adaptability to patient variability, and user interface complexity are hampering the market expansion.
Artificial Intelligence (AI) in Rehabilitation Robotics Market Geographical Outlook:
- North America is witnessing exponential growth during the forecast period
North America was perceived as the most dominant AI in the rehabilitation robotics market. This dominance was due to several factors, namely well-developed healthcare facilities and supporting infrastructure, huge amounts of money channeled into research and development, and the incidence rates of neuromuscular orthopedic conditions that call for rehabilitation. In addition to that, several important medical robot companies are located in the region, and they partner with universities to develop advanced rehabilitation robots powered by AI. Apart from this, the pro-modernization healthcare changes in policies by the governments and the willingness of healthcare practitioners to use AI-based systems have all contributed to the leading role of North American AI in the rehabilitation robotics market.
Artificial Intelligence (AI) in Rehabilitation Robotics Market Key Launches:
- In June 2024, researchers from North Carolina State University unveiled a novel approach to training robotic exoskeletons to help users save energy when running, walking, or climbing stairs. This method uses artificial intelligence and computer simulations.
- In May 2024, Samsung finished developing and producing the wearable assistive robot Bot Fit in large quantities.
- In March 2024, the Roboped team from the Regina Maria National Pedagogical College in Ploie?ti won the third iteration of Samsung Electronics Romania's Solve for Innovation competition. They developed a prototype speech therapy robot designed to treat speech impairments in children aged five to eight.
Artificial Intelligence (AI) In Rehabilitation Robotics Market Scope:
Report Metric | Details |
AI in Rehabilitation Robotics Market Size in 2024 | US$3.062 billion |
AI in Rehabilitation Robotics Market Size in 2029 | US$9.098 billion |
Growth Rate | CAGR of 24.33% |
Study Period | 2019 to 2029 |
Historical Data | 2019 to 2022 |
Base Year | 2024 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in AI in Rehabilitation Robotics Market |
|
Customization Scope | Free report customization with purchase |
The Artificial Intelligence (AI) in rehabilitation robotics market is analyzed into the following segments:
- By Type
- Exoskeleton Robots
- Prosthetics Robots
- Assistive Robots
- Therapeutic Robots
- By Application
- Stroke Rehabilitation
- Spinal Cord Injury Rehabilitation
- Orthopedic Rehabilitation
- Neurological Rehabilitation
- Others
- By End-User
- Hospitals And Clinics
- Rehabilitation Centers
- Research Institutes and Academic Centers
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Taiwan
- Others
- North America
Our Best-Performing Industry Reports:
- Artificial Intelligence (AI) in Medical Billing Market
- Artificial Intelligence (AI) in Precision Therapies Market
- Artificial Intelligence (AI) in Rehabilitation Robotics Market
- Healthcare Artificial Intelligence Market
Frequently Asked Questions (FAQs)
The ai in rehabilitation robotics market is expected to reach a total market size of US$9.098 billion by 2029.
AI in Rehabilitation Robotics Market is valued at US$3.062 billion in 2024.
The ai in rehabilitation robotics market is expected to grow at a CAGR of 24.33% during the forecast period.
The North American region is anticipated to hold a significant share of the ai in rehabilitation robotics market.
Prominent key market players in the ai in rehabilitation robotics market include Hocoma Ag (Dih Technologies), Myomo, Inc., Parker Hannifin Corporation, Tyromotion Gmbh, Focal Meditech Bv, among others.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. ARTIFICIAL INTELLIGENCE (AI) IN REHABILITATION ROBOTICS MARKET BY TYPE
5.1. Introduction
5.2. Exoskeleton Robots
5.3. Prosthetics Robots
5.4. Assistive Robots
5.5. Therapeutic Robots
6. ARTIFICIAL INTELLIGENCE (AI) IN REHABILITATION ROBOTICS MARKET BY APPLICATION
6.1. Introduction
6.2. Stroke Rehabilitation
6.3. Spinal Cord Injury Rehabilitation
6.4. Orthopedic Rehabilitation
6.5. Neurological Rehabilitation
6.6. Others
7. ARTIFICIAL INTELLIGENCE (AI) IN REHABILITATION ROBOTICS MARKET BY END-USER
7.1. Introduction
7.2. Hospitals And Clinics
7.3. Rehabilitation Centers
7.4. Research Institutes And Academic Centers
7.5. Others
8. ARTIFICIAL INTELLIGENCE (AI) IN REHABILITATION ROBOTICS MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Type
8.2.2. By Application
8.2.3. BY End-User
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. By Type
8.3.2. By Application
8.3.3. BY End-User
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. By Type
8.4.2. By Application
8.4.3. BY End-User
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Italy
8.4.4.5. Spain
8.4.4.6. Others
8.5. Middle East and Africa
8.5.1. By Type
8.5.2. By Application
8.5.3. BY End-User
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. UAE
8.5.4.3. Others
8.6. Asia Pacific
8.6.1. By Type
8.6.2. By Application
8.6.3. BY End-User
8.6.4. By Country
8.6.4.1. Japan
8.6.4.2. China
8.6.4.3. India
8.6.4.4. South Korea
8.6.4.5. Indonesia
8.6.4.6. Taiwan
8.6.4.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Ekso Bionics Holdings, Inc.
10.2. Rewalk Robotics Ltd.
10.3. Rex Bionics (Ekso Bionics)
10.4. Bionik Laboratories Corp.
10.5. Hocoma Ag (Dih Technologies)
10.6. Myomo, Inc.
10.7. Parker Hannifin Corporation
10.8. Tyromotion Gmbh
10.9. Focal Meditech Bv
10.10. Fourier Intelligence Co., Ltd.
Ekso Bionics Holdings, Inc.
Rewalk Robotics Ltd.
Rex Bionics (Ekso Bionics)
Bionik Laboratories Corp.
Hocoma Ag (Dih Technologies)
Myomo, Inc.
Parker Hannifin Corporation
Tyromotion Gmbh
Focal Meditech Bv
Fourier Intelligence Co., Ltd.
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
AI in Oncology Market Size & Forecast 2024-2029 | Free Sample | Oct 2024 | |
AI In Dermatology Diagnosis Market Trends: Report, 2024 - 2029 | Oct 2024 | |
AI In Geriatric Robotics Market Size & Trends: Report, 2024-2029 | Oct 2024 | |
AI In Remote Allergy Management Market Size: Share, Forecast 2029 | Oct 2024 |