Healthcare Assistive Robot Market Overview:
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The market research report from TMR Research discusses market dynamics, geographical outlook, and competitive scenario of the Healthcare Assistive Robot market at length for the forecast period. Further, it throws light on opportunities that are likely to come to the fore in the Healthcare Assistive Robot market over the assessment period. The analysis of the Healthcare Assistive Robot market thus provided is useful for market stakeholders to gauge scope of expansion and make investment plan for the forecast period.
Further, the report delves into key segments that divides the Healthcare Assistive Robot market based on several criteria. Market share estimations of key segments of the Healthcare Assistive Robot market over the forecast period is also included in this report.
The research report deep dives into the competitive landscape of the Healthcare Assistive Robot market. The degree of competition in the market and growth strategies employed by prominent players in the Healthcare Assistive Robot market are discussed at length in this report.
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Trends and Opportunities
Rapidly growing geriatric population is the primary driver of this market, as people aged above 65 years generally lack the physical fitness for daily activities and often suffer from diseases that require regular monitoring. According to the National Institute of Aging, 8.5% of the world’s population was aged over 65 years in 2016 and the number is estimated to reach 17.0% by the end of 2050, amounting for nearly 1.6 billion people. Several governments across developed nations have noted the benefits of robots in healthcare and hence are offering incentives, particularly when the assistance is provided to patients with disabilities. This factor, along with growing awareness pertaining to the availability of these robots, is expected to boost the healthcare assistive robot market during the forecast period.
Global Healthcare Assistive Robot Market: Regional Lucrativeness
The U.S., backed by government support, currently dominates the North America market and is expected to remain the most lucrative region throughout the forecast period. Japan is another highly profitable country-wise market, favored by high percentage of geriatric population and adoptability of new technology. Germany leads the Europe market for healthcare assistive robots.
Companies mentioned in the report
The global healthcare assistive robot market is fragmented with the presence of a large number of small players. The industry is in an incipient stage with numerous startups presenting immense potential for growth. Cyberdyne, Hansen Medical, HONDA Motor, and KUKA Robot Group are some of the prominent names in this industry, using their financial might and popular products to gain a larger share in the market. Some of the other healthcare assistive robot market players are Ekso Bionics, Hocoma, GaitTronics, Kinova Robotics, ReWalk Robotics, and Bionik.
The study presents reliable qualitative and quantitative insights into Healthcare Assistive Robot Market are:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand chain of the market
- Market valuation (revenue and/or volume)
- Key trends/opportunities/challenges
- Forces defining present and estimated future state of the competitive landscape
- Technological developments
- Value chain and stakeholder analysis
The Healthcare Assistive Robot Market regional analysis covers:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
The section also profiles key players for business overview, financial standing, and SWOTs. This provides insights of innovations and scope of collaborations and partnerships between key players in the years ahead. This analysis further helps to gauge competitive standing of key players and throws light on their changing competitive ranking in the Healthcare Assistive Robot market over the forecast period.
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Key Questions Answered in the Healthcare Assistive Robot Report
- What is the estimated compound annual growth rate of the Healthcare Assistive Robot market over the forecast period?
- What are value and volume projections in the Healthcare Assistive Robot market over the assessment period?
- Which product segment is likely to account for leading revenue share in the Healthcare Assistive Robot market over the forecast period?
- Which region is anticipated to contribute maximum revenue to the Healthcare Assistive Robot market over the assessment period?
- What are key growth strategies adopted by prominent players for competitive advantage in the Healthcare Assistive Robot market?
- What are some major developments observed in the Healthcare Assistive Robot market over the recent past?
This post was originally published on Analytics News