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Medical Assistive Robot Market to grow at 18.9% CAGR from 2016 to 2024

Get more details @ http://bit.ly/2ibVyjB <br>Some of the key companies in global medical assistive robot market are pioneers in assistive robotics technology include Cyberdyne, HONDA Motor, Hansen Medical, and KUKA Robot Group. Due to their strong financial muscle and popularity products, these companies serve as industry leaders.

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Medical Assistive Robot Market to grow at 18.9% CAGR from 2016 to 2024

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  1. Medical Assistive Robot Market forecast to see 18.9% growth from 2016 to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Medical Assistive Robot Market: • Global Market Insights, Inc. says Medical assistive robot market will record an annual growth rate of 18.9% over the coming years of 2016 to 2024. • The ever-growing geriatric population across the globe is one of the key drivers influencing the growth of medical assistive robot market. • Rising medical care demands from the physically disabled patient base is another pivotal factor favoring the medical assistive robot industry trends. • In recent times, technological innovations have resulted in the introduction of accurately featured assistive robots that can be customized suitably in accordance with the patient requirements. • Moreover, the shortage of skilled caretakers is also pushing the growth of medical assistive robot market significantly.

  3. Continued... • Sports, orthopedics, stroke, and cognitive & motor skills are the prominent application segments of medical assistive robot market. • Stroke applications generated a revenue of more than USD 70 million in 2015 and is anticipated to surpass a revenue collection of USD 355 million by 2024. • The revenue projection can be attributed to the increasing aging population, rising prevalence of neurological disorders, and technological enhancement in rehabilitation robotics. • Taking into account the portability criteria, mobile operated medical assistive robot market is expected to show a whooping growth curve in the years ahead, at a lucrative annual rate of 19.5% over the period of 2016-2024. • These robots are programmed to perform specific tasks and are easily controlled by remotes. They are often integrated with many devices, including smartphones, PCs, and tablets.

  4. Continued... • Based on the product, medical assistive robot industry is mainly divided into socially assistive, rehabilitation, humanoid, and surveillance & security. • Surveillance & security product segment was worth USD 39 million in 2015 and will register a CAGR of 18.2% over the coming years of 2016 to 2024, owing to the surging requirement of skilled caretakers and homecare services for the aging generation. • Rehabilitation accounted for over 42% of the global revenue share in the product landscape of medical assistive robot industry in 2015 and is predicted to witness an annual growth rate of more than 19% over the coming seven years. • Considering the regional landscape, Japan medical assistive robot market will surpass a revenue generation of USD 97 million by 2024 with an annual growth rate of more than 22% over the period of 2016 to 2024.

  5. Continued... • U.S. medical assistive robot industry accounted for over 85% of the North America revenue share in 2015 and will collect a revenue of more than USD 310 million by 2024. • China medical assistive robot industry size has collected a revenue of USD 12 million in 2015 and is anticipated to generate a revenue of more than USD 60 million by 2024, primarily driven by the increasing adoption of instrument based services, in addition to the lack of skilled physiotherapists and caretakers. • Germany medical assistive robot market acquired more than 28% of the regional industry share in 2015 and will create notable growth avenue over the coming seven years, owing to the growing investment in research activities. • HONDA Motor, Cyberdyne Inc., KUKA Robot Group, Hansen Medical, Bionik Laboratories Corp., Hocoma, Ekso Bionics, ReWalk Robotics, Inc., GaitTronics, and Kinova Robotics are the noteworthy players in medical assistive robot market.

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

  7. Browse Full Market Research Report On Medical Assistive Robot Market @ http://bit.ly/2kwsSTH Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1114https://www.gminsights.com/request-sample/detail/49

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