Assistive Robotics Market
PUBLISHED: 2019 ID: SMRC18609
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Assistive Robotics Market

Assistive Robotics - Global Market Outlook (2018-2027)

4.9 (43 reviews)
4.9 (43 reviews)
Published: 2019 ID: SMRC18609

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Assistive Robotics Market accounted for $3.35 billion in 2018 and is expected to reach $17.69 billion by 2027 growing at a CAGR of 20.3% during the forecast period. Increasing occurrence of strokes and spinal cord injuries and expanding insurance coverage for therapeutic exoskeletons and robotic surgeries are the factors driving the market growth. However, the necessity to put up with various industrial standards and certifications may hinder market growth.

An assistive robot is a gadget that can detect, process tangible data, and perform activities that advantage individuals with incapacity and seniors. The goal of Assistive Robotics is to create wise assistive robots to connect with people in social human-robot cooperations (HRI) so as to keep up or even improve remaining social, psychological and full of feeling working.

By Type, Physically Assistive Robots segment held is likely to have a huge demand due to the escalating cases of spinal cord injuries leading to an increase in the adoption of exoskeleton robots in rehabilitation centers, and by individuals with disabilities. Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the shortage of trained care workers, coupled with the rising geriatric population.

Some of the key players profiled in the Assistive Robotics Market include Kinova Robotics, ReWalk Robotics, Fourier Intelligence, Cyberdyne, SoftBank Robotics, Blue Frog Robotics, Barrett Technology, Intuitive Surgical, Focal Meditech, Hocoma, Ekso Bionics, F&P Robotics, Rex Bionics, DreamFace Technologies, and CT Asia Robotics.
  
Types Covered:
• Socially Assistive Robots
• Physically Assistive Robots
• Mixed Assistive Robots
• Other Types

Mobilities Covered:
• Mobile
• Stationary

Applications Covered:
• Handicap Assistance 
• Surgery Assistance 
• Elderly Assistance 
• Public Relation 
• Defense 
• Industrial 
• Companionship 
• Other Applications 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary  
    
2 Preface 
  
 2.1 Abstract  
 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
    
3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers  
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats  
 3.6 Application Analysis
 3.7 Emerging Markets 
 3.8 Futuristic Market Scenario
    
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Assistive Robotics Market, By Type
 5.1 Introduction 
 5.2 Socially Assistive Robots 
 5.3 Physically Assistive Robots 
 5.4 Mixed Assistive Robots 
  5.4.1 Neurosurgical Robotic Systems
  5.4.2 Laparoscopic Robotic Systems
  5.4.3 Orthopedic Robotic Systems
 5.5 Other Types 
    
6 Global Assistive Robotics Market, By Mobility

 6.1 Introduction 
 6.2 Mobile   
 6.3 Stationary  
    
7 Global Assistive Robotics Market, By Application
 7.1 Introduction 
 7.2 Handicap Assistance 
 7.3 Surgery Assistance  
 7.4 Elderly Assistance  
 7.5 Public Relation  
 7.6 Defense   
 7.7 Industrial  
 7.8 Companionship  
 7.9 Other Applications 
    
8 Global Assistive Robotics Market, By Geography
 8.1 Introduction 
 8.2 North America 
  8.2.1 US 
  8.2.2 Canada 
  8.2.3 Mexico 
 8.3 Europe  
  8.3.1 Germany 
  8.3.2 UK 
  8.3.3 Italy 
  8.3.4 France 
  8.3.5 Spain 
  8.3.6 Rest of Europe
 8.4 Asia Pacific 
  8.4.1 Japan 
  8.4.2 China 
  8.4.3 India 
  8.4.4 Australia 
  8.4.5 New Zealand
  8.4.6 South Korea
  8.4.7 Rest of Asia Pacific
 8.5 South America 
  8.5.1 Argentina
  8.5.2 Brazil 
  8.5.3 Chile  
  8.5.4 Rest of South America
 8.6 Middle East & Africa
  8.6.1 Saudi Arabia
  8.6.2 UAE 
  8.6.3 Qatar 
  8.6.4 South Africa
  8.6.5 Rest of Middle East & Africa
    
9 Key Developments  
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers
 9.3 New Product Launch
 9.4 Expansions 
 9.5 Other Key Strategies
    
10 Company Profiling  
 10.1 Kinova Robotics 
 10.2 ReWalk Robotics 
 10.3 Fourier Intelligence 
 10.4 Cyberdyne 
 10.5 SoftBank Robotics 
 10.6 Blue Frog Robotics 
 10.7 Barrett Technology 
 10.8 Intuitive Surgical 
 10.9 Focal Meditech 
 10.10 Hocoma  
 10.11 Ekso Bionics 
 10.12 F&P Robotics 
 10.13 Rex Bionics 
 10.14 DreamFace Technologies
 10.15 CT Asia Robotics 


List of Tables   
1 Global Assistive Robotics Market Outlook, By Region (2017-2027) ($MN)
2 Global Assistive Robotics Market Outlook, By Type (2017-2027) ($MN)
3 Global Assistive Robotics Market Outlook, By Socially Assistive Robots (2017-2027) ($MN)
4 Global Assistive Robotics Market Outlook, By Physically Assistive Robots (2017-2027) ($MN)
5 Global Assistive Robotics Market Outlook, By Mixed Assistive Robots (2017-2027) ($MN)
6 Global Assistive Robotics Market Outlook, By Neurosurgical Robotic Systems (2017-2027) ($MN)
7 Global Assistive Robotics Market Outlook, By Laparoscopic Robotic Systems (2017-2027) ($MN)
8 Global Assistive Robotics Market Outlook, By Orthopedic Robotic Systems (2017-2027) ($MN)
9 Global Assistive Robotics Market Outlook, By Other Types (2017-2027) ($MN)
10 Global Assistive Robotics Market Outlook, By Mobility (2017-2027) ($MN)
11 Global Assistive Robotics Market Outlook, By Mobile (2017-2027) ($MN)
12 Global Assistive Robotics Market Outlook, By Stationary (2017-2027) ($MN)
13 Global Assistive Robotics Market Outlook, By Application (2017-2027) ($MN)
14 Global Assistive Robotics Market Outlook, By Handicap Assistance (2017-2027) ($MN)
15 Global Assistive Robotics Market Outlook, By Surgery Assistance (2017-2027) ($MN)
16 Global Assistive Robotics Market Outlook, By Elderly Assistance (2017-2027) ($MN)
17 Global Assistive Robotics Market Outlook, By Public Relation (2017-2027) ($MN)
18 Global Assistive Robotics Market Outlook, By Defense (2017-2027) ($MN)
19 Global Assistive Robotics Market Outlook, By Industrial (2017-2027) ($MN)
20 Global Assistive Robotics Market Outlook, By Companionship (2017-2027) ($MN)
21 Global Assistive Robotics Market Outlook, By Other Applications (2017-2027) ($MN)
22 North America Assistive Robotics Market Outlook, By Country (2017-2027) ($MN)
23 North America Assistive Robotics Market Outlook, By Type (2017-2027) ($MN)
24 North America Assistive Robotics Market Outlook, By Socially Assistive Robots (2017-2027) ($MN)
25 North America Assistive Robotics Market Outlook, By Physically Assistive Robots (2017-2027) ($MN)
26 North America Assistive Robotics Market Outlook, By Mixed Assistive Robots (2017-2027) ($MN)
27 North America Assistive Robotics Market Outlook, By Neurosurgical Robotic Systems (2017-2027) ($MN)
28 North America Assistive Robotics Market Outlook, By Laparoscopic Robotic Systems (2017-2027) ($MN)
29 North America Assistive Robotics Market Outlook, By Orthopedic Robotic Systems (2017-2027) ($MN)
30 North America Assistive Robotics Market Outlook, By Other Types (2017-2027) ($MN)
31 North America Assistive Robotics Market Outlook, By Mobility (2017-2027) ($MN)
32 North America Assistive Robotics Market Outlook, By Mobile (2017-2027) ($MN)
33 North America Assistive Robotics Market Outlook, By Stationary (2017-2027) ($MN)
34 North America Assistive Robotics Market Outlook, By Application (2017-2027) ($MN)
35 North America Assistive Robotics Market Outlook, By Handicap Assistance (2017-2027) ($MN)
36 North America Assistive Robotics Market Outlook, By Surgery Assistance (2017-2027) ($MN)
37 North America Assistive Robotics Market Outlook, By Elderly Assistance (2017-2027) ($MN)
38 North America Assistive Robotics Market Outlook, By Public Relation (2017-2027) ($MN)
39 North America Assistive Robotics Market Outlook, By Defense (2017-2027) ($MN)
40 North America Assistive Robotics Market Outlook, By Industrial (2017-2027) ($MN)
41 North America Assistive Robotics Market Outlook, By Companionship (2017-2027) ($MN)
42 North America Assistive Robotics Market Outlook, By Other Applications (2017-2027) ($MN)
43 Europe Assistive Robotics Market Outlook, By Country (2017-2027) ($MN)
44 Europe Assistive Robotics Market Outlook, By Type (2017-2027) ($MN)
45 Europe Assistive Robotics Market Outlook, By Socially Assistive Robots (2017-2027) ($MN)
46 Europe Assistive Robotics Market Outlook, By Physically Assistive Robots (2017-2027) ($MN)
47 Europe Assistive Robotics Market Outlook, By Mixed Assistive Robots (2017-2027) ($MN)
48 Europe Assistive Robotics Market Outlook, By Neurosurgical Robotic Systems (2017-2027) ($MN)
49 Europe Assistive Robotics Market Outlook, By Laparoscopic Robotic Systems (2017-2027) ($MN)
50 Europe Assistive Robotics Market Outlook, By Orthopedic Robotic Systems (2017-2027) ($MN)
51 Europe Assistive Robotics Market Outlook, By Other Types (2017-2027) ($MN)
52 Europe Assistive Robotics Market Outlook, By Mobility (2017-2027) ($MN)
53 Europe Assistive Robotics Market Outlook, By Mobile (2017-2027) ($MN)
54 Europe Assistive Robotics Market Outlook, By Stationary (2017-2027) ($MN)
55 Europe Assistive Robotics Market Outlook, By Application (2017-2027) ($MN)
56 Europe Assistive Robotics Market Outlook, By Handicap Assistance (2017-2027) ($MN)
57 Europe Assistive Robotics Market Outlook, By Surgery Assistance (2017-2027) ($MN)
58 Europe Assistive Robotics Market Outlook, By Elderly Assistance (2017-2027) ($MN)
59 Europe Assistive Robotics Market Outlook, By Public Relation (2017-2027) ($MN)
60 Europe Assistive Robotics Market Outlook, By Defense (2017-2027) ($MN)
61 Europe Assistive Robotics Market Outlook, By Industrial (2017-2027) ($MN)
62 Europe Assistive Robotics Market Outlook, By Companionship (2017-2027) ($MN)
63 Europe Assistive Robotics Market Outlook, By Other Applications (2017-2027) ($MN)
64 Asia Pacific Assistive Robotics Market Outlook, By Country (2017-2027) ($MN)
65 Asia Pacific Assistive Robotics Market Outlook, By Type (2017-2027) ($MN)
66 Asia Pacific Assistive Robotics Market Outlook, By Socially Assistive Robots (2017-2027) ($MN)
67 Asia Pacific Assistive Robotics Market Outlook, By Physically Assistive Robots (2017-2027) ($MN)
68 Asia Pacific Assistive Robotics Market Outlook, By Mixed Assistive Robots (2017-2027) ($MN)
69 Asia Pacific Assistive Robotics Market Outlook, By Neurosurgical Robotic Systems (2017-2027) ($MN)
70 Asia Pacific Assistive Robotics Market Outlook, By Laparoscopic Robotic Systems (2017-2027) ($MN)
71 Asia Pacific Assistive Robotics Market Outlook, By Orthopedic Robotic Systems (2017-2027) ($MN)
72 Asia Pacific Assistive Robotics Market Outlook, By Other Types (2017-2027) ($MN)
73 Asia Pacific Assistive Robotics Market Outlook, By Mobility (2017-2027) ($MN)
74 Asia Pacific Assistive Robotics Market Outlook, By Mobile (2017-2027) ($MN)
75 Asia Pacific Assistive Robotics Market Outlook, By Stationary (2017-2027) ($MN)
76 Asia Pacific Assistive Robotics Market Outlook, By Application (2017-2027) ($MN)
77 Asia Pacific Assistive Robotics Market Outlook, By Handicap Assistance (2017-2027) ($MN)
78 Asia Pacific Assistive Robotics Market Outlook, By Surgery Assistance (2017-2027) ($MN)
79 Asia Pacific Assistive Robotics Market Outlook, By Elderly Assistance (2017-2027) ($MN)
80 Asia Pacific Assistive Robotics Market Outlook, By Public Relation (2017-2027) ($MN)
81 Asia Pacific Assistive Robotics Market Outlook, By Defense (2017-2027) ($MN)
82 Asia Pacific Assistive Robotics Market Outlook, By Industrial (2017-2027) ($MN)
83 Asia Pacific Assistive Robotics Market Outlook, By Companionship (2017-2027) ($MN)
84 Asia Pacific Assistive Robotics Market Outlook, By Other Applications (2017-2027) ($MN)
85 South America Assistive Robotics Market Outlook, By Country (2017-2027) ($MN)
86 South America Assistive Robotics Market Outlook, By Type (2017-2027) ($MN)
87 South America Assistive Robotics Market Outlook, By Socially Assistive Robots (2017-2027) ($MN)
88 South America Assistive Robotics Market Outlook, By Physically Assistive Robots (2017-2027) ($MN)
89 South America Assistive Robotics Market Outlook, By Mixed Assistive Robots (2017-2027) ($MN)
90 South America Assistive Robotics Market Outlook, By Neurosurgical Robotic Systems (2017-2027) ($MN)
91 South America Assistive Robotics Market Outlook, By Laparoscopic Robotic Systems (2017-2027) ($MN)
92 South America Assistive Robotics Market Outlook, By Orthopedic Robotic Systems (2017-2027) ($MN)
93 South America Assistive Robotics Market Outlook, By Other Types (2017-2027) ($MN)
94 South America Assistive Robotics Market Outlook, By Mobility (2017-2027) ($MN)
95 South America Assistive Robotics Market Outlook, By Mobile (2017-2027) ($MN)
96 South America Assistive Robotics Market Outlook, By Stationary (2017-2027) ($MN)
97 South America Assistive Robotics Market Outlook, By Application (2017-2027) ($MN)
98 South America Assistive Robotics Market Outlook, By Handicap Assistance (2017-2027) ($MN)
99 South America Assistive Robotics Market Outlook, By Surgery Assistance (2017-2027) ($MN)
100 South America Assistive Robotics Market Outlook, By Elderly Assistance (2017-2027) ($MN)
101 South America Assistive Robotics Market Outlook, By Public Relation (2017-2027) ($MN)
102 South America Assistive Robotics Market Outlook, By Defense (2017-2027) ($MN)
103 South America Assistive Robotics Market Outlook, By Industrial (2017-2027) ($MN)
104 South America Assistive Robotics Market Outlook, By Companionship (2017-2027) ($MN)
105 South America Assistive Robotics Market Outlook, By Other Applications (2017-2027) ($MN)
106 Middle East & Africa Assistive Robotics Market Outlook, By Country (2017-2027) ($MN)
107 Middle East & Africa Assistive Robotics Market Outlook, By Type (2017-2027) ($MN)
108 Middle East & Africa Assistive Robotics Market Outlook, By Socially Assistive Robots (2017-2027) ($MN)
109 Middle East & Africa Assistive Robotics Market Outlook, By Physically Assistive Robots (2017-2027) ($MN)
110 Middle East & Africa Assistive Robotics Market Outlook, By Mixed Assistive Robots (2017-2027) ($MN)
111 Middle East & Africa Assistive Robotics Market Outlook, By Neurosurgical Robotic Systems (2017-2027) ($MN)
112 Middle East & Africa Assistive Robotics Market Outlook, By Laparoscopic Robotic Systems (2017-2027) ($MN)
113 Middle East & Africa Assistive Robotics Market Outlook, By Orthopedic Robotic Systems (2017-2027) ($MN)
114 Middle East & Africa Assistive Robotics Market Outlook, By Other Types (2017-2027) ($MN)
115 Middle East & Africa Assistive Robotics Market Outlook, By Mobility (2017-2027) ($MN)
116 Middle East & Africa Assistive Robotics Market Outlook, By Mobile (2017-2027) ($MN)
117 Middle East & Africa Assistive Robotics Market Outlook, By Stationary (2017-2027) ($MN)
118 Middle East & Africa Assistive Robotics Market Outlook, By Application (2017-2027) ($MN)
119 Middle East & Africa Assistive Robotics Market Outlook, By Handicap Assistance (2017-2027) ($MN)
120 Middle East & Africa Assistive Robotics Market Outlook, By Surgery Assistance (2017-2027) ($MN)
121 Middle East & Africa Assistive Robotics Market Outlook, By Elderly Assistance (2017-2027) ($MN)
122 Middle East & Africa Assistive Robotics Market Outlook, By Public Relation (2017-2027) ($MN)
123 Middle East & Africa Assistive Robotics Market Outlook, By Defense (2017-2027) ($MN)
124 Middle East & Africa Assistive Robotics Market Outlook, By Industrial (2017-2027) ($MN)
125 Middle East & Africa Assistive Robotics Market Outlook, By Companionship (2017-2027) ($MN)
126 Middle East & Africa Assistive Robotics Market Outlook, By Other Applications (2017-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

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  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


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