Europe Rehabilitation robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Therapeutic Robots, Prosthetic Robots, Assistive Robots, and Exoskeleton Robots), and End User (Rehabilitation Centers, Hospitals, and Specialty Clinics)
The rehabilitation robots market in Europe is expected to grow from US$ 185.69 million in 2021 to US$ 708.87 million by 2028; it is estimated to grow at a CAGR of 21.1% from 2021 to 2028. Rehabilitation robotics is a relatively young and rapidly growing field, with an increasing penetration into the clinical environment. Robotic therapy has shown its effectiveness on motor recovery, but its effectiveness on cognitive recovery is not investigated completely. The most widely studied rehabilitation robots are the MIT-MANUS and its clinical successors, the InMotion2 and InMotion ARM robots (Interactive Motion Technologies, Watertown, MA). Therapy comprises repetitive goal-directed and planar reaching tasks that emphasize shoulder and elbow movements. The low-impedance controller of the InMotionARM is highly compliant when interacting with the client's arm, like hand-over-hand assistance from a therapist during conventional therapy. Although the InMotionARM can provide the passive, active-assistive, active, and resistive modes of therapy, most studies investigated the effects of active-assistive robotic therapy on motor recovery after stroke. Thus, the preference for highly advanced therapy would offer lucrative opportunities for the growth of the medical robot market. Additionally, FDA authorizations and product development releases is among the major the major factor driving the growth of the APAC rehabilitation robots market.
Based on end user, the rehabilitation centers segment led the Europe rehabilitation robots market in 2020. Rehabilitation centers are the facilities centers where the specific treatments are offered. These centers offer diagnosis as well as the assistance for disabilities due to stroke and cerebrovascular diseases, neuro-oncology, multiple sclerosis, and others. This segment's expansion is projected to be fueled by technological advancements in the healthcare industry and increased research and development efforts. Rehabilitation robots has played a critical role in healthcare institutions, particularly in rehabilitation centers, due to their numerous advantages, including their user-friendliness, stability, and technical advancement. Healthcare providers are increasingly relying on technological platforms to meet the rising demands of hospitals and patients. Thus, the research and development enable to study various conditions through the use of advanced technological devices for diagnosing and treating different conditions. The clinics also offers best facilities of care and more personalized care to patients. Therefore, owing to the above-mentioned factors it is estimated that the market is estimated to propel during the forecast period.
The impact of the COVID-19 pandemic on cancer patients is high in terms of anxiety, fear, and psychological distress. In Among all European countries, Spain, Italy, Germany, France, and UK are most affected due to increasing number of coronavirus cases and deaths associated with it. Patients suffering from stroke or COVID-19 develop anxiety, depression, fatigue, and post-traumatic stress disorder. In addition to the physical or cognitive state, psychological health acts as an indicator of the surviving population's quality of living. Patients suffering from stroke or COVID-19 develop anxiety, depression, fatigue, and post-traumatic stress disorder in European region. In addition to the physical or cognitive state, psychological health acts as an indicator of the surviving population's quality of living. The coronavirus disease (COVID-19) outbreak requires rapid reshaping of rehabilitation services to include patients recovering from severe COVID-19 with post-intensive care syndromes, which results in physical deconditioning and cognitive impairments, patients with comorbid conditions, and other patients requiring physical therapy during the outbreak with no or limited access to hospital and rehabilitation centers. Thus, the rise in development of cognitive state, psychological health there is chance of growth for the rehabilitation robot market. Nevertheless, the market player companies are not able to launch the new technologies due to burden of pandemic in European region is likely to hamper the growth of market.
The overall Europe rehabilitation robots market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Europe rehabilitation robots market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the Europe rehabilitation robots market. Cyberdyne Inc.; DIH Medical; Ekso Bionics Holdings Inc; Kinova Inc; Rewalk Robotics Ltd; Rex Bionics Ltd; and Toyota Motor Corporation are among the key players operating in the Europe rehabilitation robots market.
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