North America Rehabilitation Robotics Market 2022-2032 by Product Type (MPC Prosthetics, Assistive Robots, Exoskeletons), Application (Cognitive Motor Skills, Stroke, Orthopedics), Therapy Type (Limb mobility, Gait, Sensory), Portability (Mobile, Standalone), Extremity (Upper, Lower), Patient Type (Adult, Pediatric), End User (Hospitals and Clinics, Senior Care Facilities, Rehabilitation Centers, Homecare), and Country: Trend Forecast and Growth Opportunity
North America Rehabilitation Robotics Market 2022-2032 by Product Type (MPC Prosthetics, Assistive Robots, Exoskeletons), Application (Cognitive Motor Skills, Stroke, Orthopedics), Therapy Type (Limb mobility, Gait, Sensory), Portability (Mobile, Standalone), Extremity (Upper, Lower), Patient Type (Adult, Pediatric), End User (Hospitals and Clinics, Senior Care Facilities, Rehabilitation Centers, Homecare), and Country: Trend Forecast and Growth Opportunity
North America rehabilitation robotics market is projected to grow by 22.9% annually in the forecast period and reach $3.21 billion by 2032, driven by the increasing elderly population, a rising instances of strokes/injuries/neurological diseases, the development of advanced robotic technologies, and the rapid adoption of assistive robotics.
Highlighted with 27 tables and 57 figures, this 113-page report “North America Rehabilitation Robotics Market 2022-2032 by Product Type (MPC Prosthetics, Assistive Robots, Exoskeletons), Application (Cognitive Motor Skills, Stroke, Orthopedics), Therapy Type (Limb mobility, Gait, Sensory), Portability (Mobile, Standalone), Extremity (Upper, Lower), Patient Type (Adult, Pediatric), End User (Hospitals and Clinics, Senior Care Facilities, Rehabilitation Centers, Homecare), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America rehabilitation robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America rehabilitation robotics market in every aspect of the classification from perspectives of Product Type, Application, Therapy Type, Portability, Extremity, Patient Type, End User, and Country.
Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• MPC Prosthetics
• Assistive Robots
• Healthcare Exoskeletons
• Other Products
Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Cognitive Motor Skills
• Stroke
• Orthopedics
• Other Applications
By Therapy Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Limb Mobility
• Gait
• Sensory
By Portability, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Mobile Robotics
• Standalone Robotics
By Extremity, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Upper Extremity
• Lower Extremity
By Patient Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Adult
• Pediatric
By End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hospitals and Clinics
• Senior Care Facilities
• Rehabilitation Centers
• Homecare
• Other End Users
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, Application, and End User over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AlterG Inc.
Bionik Laboratories Corp.
BioXtreme Limited
Cyberdyne Inc.
Ekso Bionics Holdings Inc.
Focal Meditech B.V.
Hocoma AG (DIH International Ltd.)
Kinova Inc.
Myomo Inc.
Parker-Hannifin Corporation
Rehab-robotics Company Limited
ReWalk Robotics Ltd.
Rex Bionics Ltd.
Siemens AG
Tyromotion Gmbh
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of North America Market by Product Type 45
3.1 Market Overview by Product Type 45
3.2 MPC Prosthetics 47
3.3 Assistive Robots 48
3.4 Healthcare Exoskeletons 49
3.5 Other Products 50
4 Segmentation of North America Market by Application 51
4.1 Market Overview by Application 51
4.2 Cognitive Motor Skills 53
4.3 Stroke 54
4.4 Orthopedics 55
4.5 Other Applications 56
5 Segmentation of North America Market by Therapy Type 57
5.1 Market Overview by Therapy Type 57
5.2 Limb Mobility 59
5.3 Gait 60
5.4 Sensory 61
6 Segmentation of North America Market by Portability 62
6.1 Market Overview by Portability 62
6.2 Mobile Robotics 64
6.3 Standalone Robotics 65
7 Segmentation of North America Market by Extremity 66
7.1 Market Overview by Extremity 66
7.2 Upper Extremity 68
7.3 Lower Extremity 69
8 Segmentation of North America Market by Patient Type 70
8.1 Market Overview by Patient Type 70
8.2 Adult 72
8.3 Pediatric 73
9 Segmentation of North America Market by End User 74
9.1 Market Overview by End User 74
9.2 Hospitals and Clinics 76
9.3 Senior Care Facilities 77
9.4 Rehabilitation Centers 78
9.5 Homecare 79
9.6 Other End Users 80
10 North America Market 2022-2032 by Country 81
10.1 Overview of North America Market 81
10.2 U.S. 84
10.3 Canada 87
10.4 Mexico 89
11 Competitive Landscape 91
11.1 Overview of Key Vendors 91
11.2 New Product Launch, Partnership, Investment, and M&A 96
11.3 Company Profiles 97
AlterG Inc. 97
Bionik Laboratories Corp. 99
BioXtreme Limited 100
Cyberdyne Inc. 101
Ekso Bionics Holdings Inc. 102
Focal Meditech B.V. 103
Hocoma AG (DIH International Ltd.) 104
Kinova Inc. 105
Myomo Inc. 106
Parker-Hannifin Corporation 107
Rehab-robotics Company Limited 108
ReWalk Robotics Ltd. 109
Rex Bionics Ltd. 110
Siemens AG 111
Tyromotion Gmbh 112
RELATED REPORTS 113
List of Tables:
Table 1. Snapshot of North America Rehabilitation Robotics Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. World Health Spending by Region, $ bn, 2013-2020 33
Table 6. Main Product Trends and Market Opportunities in North America Rehabilitation Robotics Market 37
Table 7. North America Rehabilitation Robotics Market by Product Type, 2022-2032, $ mn 45
Table 8. North America Rehabilitation Robotics Market by Application, 2022-2032, $ mn 51
Table 9. North America Rehabilitation Robotics Market by Therapy Type, 2022-2032, $ mn 57
Table 10. North America Rehabilitation Robotics Market by Portability, 2022-2032, $ mn 62
Table 11. North America Rehabilitation Robotics Market by Extremity, 2022-2032, $ mn 66
Table 12. North America Rehabilitation Robotics Market by Patient Type, 2022-2032, $ mn 70
Table 13. North America Rehabilitation Robotics Market by End User, 2022-2032, $ mn 74
Table 14. North America Rehabilitation Robotics Market by Country, 2022-2032, $ mn 82
Table 15. U.S. Rehabilitation Robotics Market by Product Type, 2022-2032, $ mn 86
Table 16. U.S. Rehabilitation Robotics Market by Application, 2022-2032, $ mn 86
Table 17. U.S. Rehabilitation Robotics Market by End User, 2022-2032, $ mn 86
Table 18. Canada Rehabilitation Robotics Market by Product Type, 2022-2032, $ mn 88
Table 19. Canada Rehabilitation Robotics Market by Application, 2022-2032, $ mn 88
Table 20. Canada Rehabilitation Robotics Market by End User, 2022-2032, $ mn 88
Table 21. Mexico Rehabilitation Robotics Market by Product Type, 2022-2032, $ mn 90
Table 22. Mexico Rehabilitation Robotics Market by Application, 2022-2032, $ mn 90
Table 23. Mexico Rehabilitation Robotics Market by End User, 2022-2032, $ mn 90
Table 24. Main Vendors and Rehabilitation Robotics Offerings 93
Table 25. AlterG Inc.: Company Snapshot 97
Table 26. AlterG Inc.: Business Segmentation 98
Table 27. AlterG Inc.: Product Portfolio 98List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. North America Rehabilitation Robotics Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of North America Rehabilitation Robotics Market 29
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 32
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 32
Figure 9. Primary Restraints and Impact Factors of North America Rehabilitation Robotics Market 34
Figure 10. Investment Opportunity Analysis 38
Figure 11. Porter’s Fiver Forces Analysis of North America Rehabilitation Robotics Market 41
Figure 12. Breakdown of North America Rehabilitation Robotics Market by Product Type, 2022-2032, % of Revenue 46
Figure 13. North America Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 46
Figure 14. North America Rehabilitation Robotics Market by Product Type: MPC Prosthetics, 2022-2032, $ mn 47
Figure 15. North America Rehabilitation Robotics Market by Product Type: Assistive Robots, 2022-2032, $ mn 48
Figure 16. North America Rehabilitation Robotics Market by Product Type: Healthcare Exoskeletons, 2022-2032, $ mn 49
Figure 17. North America Rehabilitation Robotics Market by Product Type: Other Products, 2022-2032, $ mn 50
Figure 18. Breakdown of North America Rehabilitation Robotics Market by Application, 2022-2032, % of Sales Revenue 52
Figure 19. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 52
Figure 20. North America Rehabilitation Robotics Market by Application: Cognitive Motor Skills, 2022-2032, $ mn 53
Figure 21. North America Rehabilitation Robotics Market by Application: Stroke, 2022-2032, $ mn 54
Figure 22. North America Rehabilitation Robotics Market by Application: Orthopedics, 2022-2032, $ mn 55
Figure 23. North America Rehabilitation Robotics Market by Application: Other Applications, 2022-2032, $ mn 56
Figure 24. Breakdown of North America Rehabilitation Robotics Market by Therapy Type, 2022-2032, % of Sales Revenue 58
Figure 25. North America Addressable Market Cap in 2023-2032 by Therapy Type, Value ($ mn) and Share (%) 58
Figure 26. North America Rehabilitation Robotics Market by Therapy Type: Limb Mobility, 2022-2032, $ mn 59
Figure 27. North America Rehabilitation Robotics Market by Therapy Type: Gait, 2022-2032, $ mn 60
Figure 28. North America Rehabilitation Robotics Market by Therapy Type: Sensory, 2022-2032, $ mn 61
Figure 29. Breakdown of North America Rehabilitation Robotics Market by Portability, 2022-2032, % of Revenue 63
Figure 30. North America Addressable Market Cap in 2023-2032 by Portability, Value ($ mn) and Share (%) 63
Figure 31. North America Rehabilitation Robotics Market by Portability: Mobile Robotics, 2022-2032, $ mn 64
Figure 32. North America Rehabilitation Robotics Market by Portability: Standalone Robotics, 2022-2032, $ mn 65
Figure 33. Breakdown of North America Rehabilitation Robotics Market by Extremity, 2022-2032, % of Revenue 67
Figure 34. North America Addressable Market Cap in 2023-2032 by Extremity, Value ($ mn) and Share (%) 67
Figure 35. North America Rehabilitation Robotics Market by Extremity: Upper Extremity, 2022-2032, $ mn 68
Figure 36. North America Rehabilitation Robotics Market by Extremity: Lower Extremity, 2022-2032, $ mn 69
Figure 37. Breakdown of North America Rehabilitation Robotics Market by Patient Type, 2022-2032, % of Revenue 70
Figure 38. North America Addressable Market Cap in 2023-2032 by Patient Type, Value ($ mn) and Share (%) 71
Figure 39. North America Rehabilitation Robotics Market by Patient Type: Adult, 2022-2032, $ mn 72
Figure 40. North America Rehabilitation Robotics Market by Patient Type: Pediatric, 2022-2032, $ mn 73
Figure 41. Breakdown of North America Rehabilitation Robotics Market by End User, 2022-2032, % of Revenue 74
Figure 42. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 75
Figure 43. North America Rehabilitation Robotics Market by End User: Hospitals and Clinics, 2022-2032, $ mn 76
Figure 44. North America Rehabilitation Robotics Market by End User: Senior Care Facilities, 2022-2032, $ mn 77
Figure 45. North America Rehabilitation Robotics Market by End User: Rehabilitation Centers, 2022-2032, $ mn 78
Figure 46. North America Rehabilitation Robotics Market by End User: Homecare, 2022-2032, $ mn 79
Figure 47. North America Rehabilitation Robotics Market by End User: Other End Users, 2022-2032, $ mn 80
Figure 48. Breakdown of North America Rehabilitation Robotics Market by Country, 2022 and 2032, % of Revenue 82
Figure 49. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 83
Figure 50. U.S. Rehabilitation Robotics Market, 2022-2032, $ mn 85
Figure 51. Canada Rehabilitation Robotics Market, 2022-2032, $ mn 87
Figure 52. Rehabilitation Robotics Market in Mexico, 2022-2032, $ mn 89
Figure 53. Growth Stage of North America Rehabilitation Robotics Industry over the Forecast Period 91
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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