Roboticare Market Share, Demand, Industry Analysis, Growth, Applications, Types and Forecasts Report 2030

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Rising usage of automated rehabilitation systems and decreasing prices of sensors are the key factors driving market revenue growth

A Global Roboticare Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Roboticare industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Roboticare market, this study covers qualitative and quantitative aspects of the Roboticare market. In addition to historical data from 2019 to 2020, the research study provides an accurate forecast until 2030 for the Roboticare market. A comprehensive analysis of established and emerging players in the market is summarized in the report.

The global roboticare market size reached USD 482.6 Million in 2021 and is expected to register a revenue CAGR of 18.1% during the forecast period. Rising usage of automated rehabilitation systems and decreasing prices of sensors are expected to support market revenue growth between 2022 and 2030. Adoption of rehabilitation and hospital robots is rapidly growing with increasing penetration into medical environment. Rehabilitation robots are autonomously operated machines developed to improve movement in a patient with lower physical functionality. Some of the factors that boost usage of rehabilitation systems include advancements in robotic technology, increasing aging population, and growing awareness about rehabilitation robots. In addition, decreasing price of sensors led to use it more in robotics technology which is expected to drive roboticare market revenue growth during the forecast period.

However, mechanical nature of care robots makes it difficult to put down any obligation in case of malfunctioning or any other unfavorable effect associated with their utilization. It might become highly complicated to attribute civil liability to a damaging occurrence caused by a robot. Such uncertainty might lead to a lack of accountability and create a serious concern for affected patient. Any harmful occurrence caused by a wrong decision executed by robot might become a serious concern. Attribution of liability issues could be a restraining factor that inhibits revenue growth of the roboticare market.

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Global Roboticare Market Highlights:

Regional demand estimation and forecast

Product Mix Matrix

RD Analysis

Cost-Benefit Analysis

Pre-commodity pricing volatility

Supply chain optimization analysis

Technological updates analysis

Raw Material Sourcing Strategy

Competitive Analysis

Mergers Acquisitions

Location Quotients Analysis

Carbon Footprint Analysis

Patent Analysis

Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Roboticare market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years.

Companies profiled in the global Roboticare market:

Sony Corporation, ReWalk Robotics Ltd., Bionik Laboratories Corporation, Cyberdyne Inc., Ekso Bionics Holdings Inc., Rex Bionics Ltd., Intuition Robotics, Hanson Robotics Limited, Hocoma AG, Samsung Electronics Co., Ltd., Myomo, Inc., and ASUSTek Computer Inc

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Market Dynamics:

The report offers insightful information about the market dynamics of the Roboticare market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Roboticare market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Roboticare market.

Segments Covered in this report are:

  • Application Outlook (Revenue, USD Million; 2019–2030)

    • Rehabilitation Robots
    • Emotional Support Robots
    • Robotic Nurses
  • End-Use Outlook (Revenue, USD Million; 2019–2030)

    • Hospitals
    • Rehabilitation Centers
    • Homecare
  • Regional Outlook (Revenue, USD Million; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

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What Questions Should You Ask before Buying a Market Research Report?

How is the Roboticare-market evolving?

What is driving and restraining the Roboticare market?

How will each Roboticare submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

How will the market shares for each Roboticare submarket develop from 2022 to 2030?

What will be the main driver for the overall market from 2022 to 2030?

Will leading Roboticare markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

Who are the leading players and what are their prospects over the forecast period?

What are the Roboticare projects for these leading companies?

How will the industry evolve during the period between 2020 and 2030? What are the implications of Roboticare projects taking place now and over the next 10 years?

Is there a greater need for product commercialisation to further scale the Roboticare market?

Where is the Roboticare-market heading and how can you ensure you are at the forefront of the market?

What are the best investment options for new product and service lines?

What are the key prospects for moving companies into a new growth path and C-suite?

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