PUBLISHER: The Business Research Company | PRODUCT CODE: 1691828
PUBLISHER: The Business Research Company | PRODUCT CODE: 1691828
Healthcare assistive robots are intelligent machines designed to help individuals with disabilities, the elderly, or those requiring care by performing mobility support, patient monitoring, and rehabilitation exercises. They enhance healthcare delivery by assisting with physical tasks, providing companionship, and enabling remote health monitoring and communication. These robots improve quality of life, foster greater independence, and reduce the workload on healthcare professionals.
The main types of healthcare assistive robots are care robots and surgical assistive robots. Care robots are designed to assist in the care of patients, providing support with daily activities, emotional interaction, or monitoring health conditions. The types of portability include fixed base and mobile. These are used by various end users, such as hospitals, clinics, ambulatory surgical centers, and others.
The main types of healthcare assistive robots are care robots and surgical assistive robots. Care robots are designed to assist in the care of patients, providing support with daily activities, emotional interaction, or monitoring health conditions. The types of portability include fixed base and mobile. These are used by various end users, such as hospitals, clinics, ambulatory surgical centers, and others.
The healthcare assistive robot market size has grown exponentially in recent years. It will grow from $1.32 billion in 2024 to $1.59 billion in 2025 at a compound annual growth rate (CAGR) of 20.6%. The growth in the historic period can be attributed to aging population, increasing chronic disease prevalence, regulatory support and funding, increasing disposable income, rise in sports-related injuries, growth in medical tourism in developing economies.
The healthcare assistive robot market size is expected to see exponential growth in the next few years. It will grow to $3.31 billion in 2029 at a compound annual growth rate (CAGR) of 20.2%. The growth in the forecast period can be attributed to labor shortages in healthcare, rising healthcare costs, increased focus on patient care, growing awareness of assistive needs, expansion of telemedicine. Major trends in the forecast period include technological advancements, advancements in mobility solutions, integration of ai and machine learning, advances in human-robot interaction, innovation in wearable technologies.
The increasing incidence of orthopedic disorders is expected to propel the growth of the healthcare assistive robot market going forward. Orthopedic disorders refer to a broad category of conditions that affect the musculoskeletal system, which includes bones, joints, ligaments, tendons, muscles, and nerves. Healthcare assistive robots for orthopedic disorders help support mobility and rehabilitation and perform precise surgical procedures, thereby enhancing patient care and recovery. For instance, in August 2023, according to the Institute for Health Metrics and Evaluation (IHME), a US-based research institution, nearly 1 billion people will experience osteoarthritis, with knee cases increasing by 75% and hand cases by 50% by 2050. Therefore, the increasing incidence of orthopedic disorders is driving the growth of the healthcare assistive robot market.
Major companies operating in the healthcare assistive robot market are developing innovative technologies, such as gait therapy software, to increase their profitability in the market. Gait therapy software refers to specialized programs that guide robots in assisting patients with walking exercises, aiming to improve mobility and rehabilitation outcomes. For instance, in January 2024, Ekso Bionics Holdings Inc., a US-based robotic exoskeleton manufacturer, launched GaitCoach Software for EksoNR, a clinical rehabilitation wearable robot designed for exoskeletal assistance. This revolutionized gait therapy with its capability to tailor sessions to individual patient needs, provide real-time, dynamic feedback, and deliver precise guidance akin to that of an additional clinical observer. This innovative software, which succeeds SmartAssist, enhances the integration of robotics in rehabilitation, as evidenced by 96% of experienced EksoNR users finding it highly intuitive and 93% valuing its guidance for simplifying usage.
In December 2022, Ekso Bionics Holdings Inc., a US-based robotic exoskeleton manufacturer, acquired a human motion and control business unit, including the indigo product line, from Parker Hannifin Corporation for an undisclosed amount. Through this acquisition, Ekso Bionics aims to expand its exoskeleton offerings into home use, collaborate with Vanderbilt University as a significant partner, and unite premier lower extremity robotics firms, enriching its medical solutions with superior technology and expertise. Parker Hannifin Corporation is a US-based manufacturer of motion and control technologies and systems, including healthcare robotics.
Major companies operating in the healthcare assistive robot market are HONDA Motor Co. Ltd., Johnson & Johnson, Medtronic PLC, ABB Ltd., Stryker Corporation, TE Connectivity Ltd., Zimmer Biomet Holdings Inc., Fanuc Corporation, Intuitive Surgical Inc., KUKA AG, OmniCell Inc., Globus Medical Inc., SoftBank Robotics Group Corp., Kinova Inc., CMR Surgical Ltd., Diligent Robotics Inc., Cyberdyne Inc., Ekso Bionics Holdings Inc., AlterG Inc., Titan Medical Inc., ReWalk Robotics Ltd., Focal Meditech BV, Barrett Technology, Rex Bionics Ltd., Bionik Laboratories Corp.
North America was the largest region in the healthcare assistive robot market in 2024. The regions covered in the healthcare assistive robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the healthcare assistive robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The healthcare assistive robot market consists of revenues earned by entities by providing services such as patient care and monitoring, assistance with daily activities, surgical assistance, telepresence and remote care, disinfection and sanitation, physical therapy, and rehabilitation. The market value includes the value of related goods sold by the service provider or included within the service offering. The healthcare assistive robot market also includes sales of mobility assistance robots, patient transfer robots, prosthetic and orthotic robots, telepresence robots, surgical robots, rehabilitation robots, social assistance robots, disinfection robots, medication dispensing robots, and diagnostic robots. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Healthcare Assistive Robot Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on healthcare assistive robot market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for healthcare assistive robot ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The healthcare assistive robot market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.