Healthcare Assistive Robot Market to reach $950mn by 2024 (1)

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Healthcare Assistive Robot Market to grow at
18.9 CAGR from 2016 to 2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Healthcare Assistive Robot
Market

• Healthcare Assistive Robot Industry revenue is
  forecast to hit USD 950 million by 2024.
• Advent of robotics technology leading to creation
  of perfectly modeled robots for home care
  hospitals will push healthcare assistive robot
  market size in the years ahead.
• Legislations favoring the use of assistive robots
  across healthcare sector is projected to augment
  market expansion. Growing awareness about the
  benefits as well as emerging trends of assistive
  robotics technologies coupled with strong efforts
  to encourage research in the field of assistive
  robotics will promote the industry growth over
  the coming years.
• Socially assistive robots, rehabilitation medical
  robots, surveillance security robots, and
  humanoid robots are few of the major products of
  healthcare assistive robot market.
• Rehabilitation healthcare assistive robot
  industry size is anticipated to exceed USD 400
  million by 2024, driven by its ability to cater
  to the medical needs of large patient population
  under the guidance of a sole therapist.

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Continued

• Surveillance security healthcare assistive
  robot market value, worth USD 39 million in 2015,
  is projected to record a CAGR of 18.2 over
  2016-2024.
• Enhanced use of surveillance robots to improve
  healthcare and medical services is forecast to
  benefit the industry expansion over the years to
  come.
• China healthcare assistive robot industry, valued
  at USD 12 million in 2015, is slated to hit USD
  60 million by 2024.
• UK healthcare assistive robot market is projected
  to record a CAGR of 17.8 over 2016-2024.
• South Korea healthcare assistive robot industry
  is projected to surpass USD 30 million by 2024,
  owing to introduction of beneficial government
  schemes promoting the use of assistive robots.
• Key industry participants include ReWalk
  Robotics, Ekso Bionics, Kinova Robotics, and
  Bionik.

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U.S. Healthcare Assistive Robots Market Size, by
Product, 2012- 2024 (USD Mn)

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Table of Contents
Chapter 1. Methodology and Scope 1.1.
Research Methodology 1.1.1.
Initial data exploration 1.1.2. Statistical
modeling and forecast 1.1.3. Industry insights
and validation 1.2. Data
Sources Chapter 2. Executive Summary 2.1.
Healthcare Assistive Robots Market 3600 synopsis,
2012 - 2024 2.1.1. Business trends 2.1.2.
Regional trends 2.1.3. Technology
trends Chapter 3. Healthcare Assistive Robots
Industry Insights 3.1. Industry
segmentation 3.2. Industry Size and forecast,
2012 2024 3.3. Industry Impact forces 3.3.1.
Growth drivers 3.3.1.1. Rapidly growing
geriatric population 3.3.1.2. Increasing
incidence of stroke worldwide
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Continued
3.3.1.3. Rising funding for research on
robotics technology 3.3.2. Industry pitfalls
challenges 3.3.2.1. Functional limitations of
devices 3.3.2.2. High costs and maintenance
requirement 3.4. Growth potential
analysis 3.5. Regulatory landscape 3.5.1
U.S. 3.5.2 Europe 3.5.3 China 3.6
Technology landscape 3.6.1 Existing
technology overview 3.6.2 Novel
technologies 3.7. Porters analysis 3.8.
PESTEL analysis 3.9. Competitive Benchmarking,
2015
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