REHABILITATION ROBOTS MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2022 - 2027)

Over the forecast period, the Rehabilitation Robots market is expected to grow at a CAGR of 26.12%. (2021 - 2026). Every year, a large number of people sustain injuries that necessitate long-term medical treatment. The rehabilitation process is intricate, involving both psychological and physical aspects, and results are difficult to predict. As a result, these robots are being designed to assist patients recovering from various medical ailments.

One of the major issues driving demand for rehabilitation robots is the growing ageing population and the rising frequency of strokes that render individuals immobile. Rehabilitation robotics research is booming, and the number of therapeutic rehabilitation robots is likely to rise over the next few years. Patients with motor problems caused by spinal cord disease or stroke may benefit from robot rehabilitation therapy because it can give high-intensity training.

According to the International Federation of Robotics, sales of assistance robots for the elderly and disabled would reach roughly 37,500 units in 2016-2019, with a significant growth projected during the projection period. Companies like Toyota are investing in the development of rehabilitation robots to help the elderly live independently while also providing support to their caregivers.

Several hospitals have begun to implement robotics in their rehabilitation clinics. Kindred Hospital Rehabilitation Services, for example, has implemented Bionik Laboratories' InMotion Arm robotic system in all of its inpatient rehabilitation centres across the country.

A rehabilitation robot is a computer-controlled equipment that helps people with physical disabilities move more freely. As physicians endeavour to aid an individual's recovery, these robots can assist and boost their productivity and efficacy. Rehabilitation robots can be divided into two categories. The first is an assistive robot that can take the place of missing limb movements. The second type is a therapy robot, which allows patients to practise motions with the assistance of the robot.