REHABILITATION ROBOTICS MARKET EXPECTED TO SECURE NOTABLE REVENUE SHARE DURING 2
Posted by Nikita Manwar on October 1st, 2019
GMI Research has published a new study titled “Global Rehabilitation Robotics Market, By Application Type (Surgery, Cognitive and Motor Skill Therapy), By End User Type (Hospitals, Prosthetic Clinics, and Others), and Geography – Opportunities & Forecast, 2019-2026”, which orates the future prospects set to strike the Rehabilitation Robotics Market during the forecast period.
The global Rehabilitation Robotics market was valued at USD 2,649.7 million in 2018 and is expected to touch USD 6,974.3 million by 2026. GMI Research expects the market to expand at a robust CAGR of 12.9% from 2019-2026 owing to factors such as increasing incidence of trauma/accidental injuries, introduction of custom-made implant products, favorable reimbursement for rehabilitation robotics procedure, rise in prevalence of lifestyle-related diseases and disorders, growing focus on containment of healthcare costs and distribution.
Based on application type, Surgery segment anticipated to lead the market during 2019-2026
Based on end user type, Hospital segment dominates the market, and is projected to grow at a significant rate during 2019-2026
Big players are investing in research & development activities to speed up the new product development to maintain their competitive advantage.
Various notable players operating in global Rehabilitation Robotics market include Accuray Incorporated, AlterG, Inc, Bionik Laboratories Corp, DIH Technologies Corporation, Ekso Bionics, Intuitive Surgical, Inc, Mazor Robotics, Reha-Stim Medtec GmbH & Co and Vincent Medical.
The global Rehabilitation Robotics market has been segmented on the basis of application type, end user type and key geographies. Based on application type, Surgery, Cognitive and Motor Skill Therapy. The end user type includes hospitals, prosthetic clinics, & others (rehabilitation centers, normal clinics).
The research report “Global Rehabilitation Robotics Market” provides in-depth analysis of the Rehabilitation Robotics market, globally, based on application type, end user type and major geographies for the forecast period from 2019 to 2026. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for Rehabilitation Robotics market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
Key questions answered in this research report:
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.
GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.
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About the AuthorNikita Manwar
Joined: September 10th, 2019
Articles Posted: 80
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