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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Healthcare Assistive Robot Market to reach $950mn by 2024

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Healthcare Assistive Robot Market to reach $950mn by 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Healthcare Assistive Robot Market to see 18.9% growth from 2016 to 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Healthcare Assistive Robot Market size is driven by growing worldwide incidence of strokes along with increasing aging population.  Healthcare Assistive Robot Market size is forecast to exceed USD 950 million by 2024; as per a research study by Global Market Insights, Inc.  Advancements in robotic technology have enabled the development of accurately modeled robots that can be used in hospitals and home care facilities.  Rehabilitation robot market share was over 40% of the global industry size in 2015, with revenue slated to surpass USD 400 million by 2024. The use of rehabilitation robotics has made it possible to implement efficient training safely, along with reducing the time spent on supervision by the therapist. Key Insights from Healthcare Assistive Robot Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  U.S. Healthcare Assistive Robot Market size was more than USD 70 million in 2015 with expectations to grow at over 18.5% from 2016 to 2024. Hospitals are adopting these devices to improve patient outcomes and implementing strategy of using robotic technology to attract more customers.  Germany Healthcare Assistive Robot Market size was over USD 18 million in 2015 with high growth estimation in the coming years.  UK healthcare assistive robot market size by 2024 is estimated to surpass USD 55 million, growing at 17.8% CAGR over the forecast period.  Entry of new players is restricted by high capital cost, long sales cycle and consumer preference for quality product at low cost. Some of the notable industry participants include KUKA, HONDA Motor, Cyberdyne, Hansen Medical, Hocoma, Kinova, Bionik, ReWalk Robotics, and GaitTronics. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Healthcare Assistive Robots Market Size, by Product, 2012- 2024 (USD Mn)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Healthcare Assistive Robot Market @ http://bit.ly/2kwsSTHhttp://bit.ly/2kwsSTH Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1114 https://www.gminsights.com/request-sample/detail/1114 https://www.gminsights.com/request-sample/detail/49

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Product Trends Surveillance and security products were valued at USD 39 million in 2015 and are expected to grow at 18.2% CAGR from 2016 to 2024. Rising geriatric population has led to increased demand for homecare services and skilled care takers. Growing application of surveillance robots to maintain consistency and quality of service and serve as an effective replacement for staff work will stimulate healthcare assistive robot market size.  Regional Trends U.S healthcare assistive robot market size held more than 85% of business revenue in 2015, with target market size slated to exceed USD 310 million by 2024. Growing aging population, favorable government initiatives, improved awareness and growing adoption of technologically advanced devices will propel industry growth.  Competitive Market Share Key companies who are pioneers in assistive robotics technology include Cyberdyne, HONDA Motor, Hansen Medical, and KUKA Robot Group. Due to their strong financial muscle and popularity products, these companies serve as industry leaders. 360° Analysis

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