Home Rehabilitation Robot Market - Forecast Period (2024-2030)

Report Code: HCR 1556 Report Format: PDF + Excel


The Home Rehabilitation Robot Market size is forecast to reach USD 2798.01 million by 2030, growing at a CAGR of 21.3% during the forecast period 2024-2030. All age groups are susceptible to risk factors for chronic diseases, including those related to bad diets, physical inactivity, exposure to tobacco smoke, or harmful alcohol consumption. As a result, the need for home rehabilitation robots such as body support robots and mobility aids are growing due to the growth in chronic illnesses around the world. Some of the main factors driving the market expansion include the quickly expanding senior population worldwide, rising medical device adoption rates in various industries, as well as the increasing prevalence of stroke. Additionally, it is projected that the increased occurrence of spinal cord injuries (SCI) will increase demand in all global markets.

Report Coverage

The report “Home Rehabilitation Robot Market– Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Home Rehabilitation Robot Market.
By Type: Exoskeleton Robot, Assistive Robot, Surgical Robot, Therapeutic Robot, Others
By Patient Type: Disabled, Elderly, Mentally Ill, Pediatrics, Others
By End User: Hospital, Rehabilitation Centers, Orphanages, Nursing House, Others 
By Geography:  North America, South America, Europe, APAC, and RoW.

Key Takeaways

  • North American home rehabilitation robot market accounted for over 40% of the total industry share in 2023 and the demand for robots in hospitals has increased because of the increased use of cutting-edge technologies, the relatively high per capita cost of healthcare, and adequate reimbursement policies in the region.
  • The increasing need for healthcare cost containment is also estimated to drive the growth of the home rehabilitation robot market in North America. The rising demand for minimally invasive surgeries and the increasing use of robots in surgeries are anticipated to drive the growth of the home rehabilitation robots market in the region. Moreover, the increasing investment in research and development activities is estimated to further augment the growth of the North American home rehabilitation robot market.
  • The US is the largest market for North American home rehabilitation robots and is anticipated to remain so during the forecast period. This is due to the presence of a well-developed healthcare infrastructure and the availability of advanced medical services in the country. Additionally, the increasing number of geriatric patients, the increasing prevalence of chronic diseases, and the growing adoption of robotics-assisted physical therapy are estimated to drive the market further.

By Type - Segment Analysis

Exoskeleton Robot type dominated the home rehabilitation robot market in 2023 with an estimated share of 40%. Exoskeletons robots are intended to aid in the patient's mobility. They can be altered to match the patient's body and enable more natural movement. Exoskeleton robots are becoming more and more popular for home rehabilitation as it allows people to regain their freedom and mobility in a secure setting.  Many of the leading companies in the development of exoskeleton robots have focused on increasing their effectiveness, usability, and affordability which helps the users from more flexibility as a result of regaining their range of motion.

By Patient Type - Segment Analysis

The Elderly patient type dominated the home rehabilitation robot market in 2023. A robotic assistant for seniors and those with dementia and minor cognitive impairments (MCI) has been created by the EU project RAMCIP. Additionally, this robotic companion has several features that encourage both physical and mental engagement.  By 2050, one in 6 persons globally, up from one in 11 in 2019 (9%), will be above the age of 65, according to United Nations population estimates. According to these statistics, early dementia or moderate cognitive impairment (MCI) symptoms are more prevalent in those 65 years of age or older. Home rehabilitation assistive robot fills the gap left by the growing number of elderly people who require assistance and the scarcity of caretakers. 

By End User - Segment Analysis

The Hospitals sector dominated the home rehabilitation robot market in 2023. Hospitals are using rehabilitation robots to aid patients in their recovery from strokes, brain injuries, and other illnesses. These robots can aid with physical therapy, balance and coordination exercises, and even simple tasks like getting dressed and eating. For instance, the Gait Trainer 3 is used to assist patients in relearning how to walk after a stroke, while Paro, a robotic seal, offers physical touch and company to patients in hospitals and nursing homes. A study that was published in the International Journal of Medical Robotics and Computer-Assisted Surgery indicates that more hospitals are using robots to help patients recover at home with the numbers growing 8 fold between 2012 and 2022.
By Geography - Segment Analysis

North America region dominated the home rehabilitation robot market in 2023.  The US home rehabilitation robot market is anticipated to rise as a result of rising demand for rehabilitation robots, greater funding for research and development, and improved reimbursement practices.  For instance, in 2022, 314,200 industrial robots were functioning in American factories, according to the World Robotics 2022 Industrial Robots study published by the International Federation of Robotics (IFR) indicates. Home rehabilitation robots are becoming more and more common as a means of giving physical therapy to individuals suffering from illnesses or accidents.

Drivers – Home Rehabilitation Robot Market

Increase in the old population throughout the world
One of the major factors influencing the growth of the market for home rehabilitation robots is the rise in the number of elderly people worldwide. Today, the majority of people may anticipate living into their sixties and beyond. In every country on earth, the number of elderly people and their proportion of the population are rising. For instance, Japan's population is predicted to spend more on robotics for home rehabilitation as 30% of the country's citizens are currently over 60. People in their senior years are more likely to have various illnesses and disabilities, which eventually increases the demand for home rehabilitation robots around the world. It is anticipated that this dramatic increase in the elderly population will have a favorable effect on the global market for home rehabilitation robots.

The surge in the population with disabilities

Demand for products and services offered by home rehabilitation service providers is driven by an increase in the number of people with disabilities. It is estimated that 16% of the world's population, or 1.3 billion individuals, is thought to have a major impairment. Due to the rise of non-communicable diseases and longer lifespans, this number is rising. Around 690 million adults, children, and youth throughout Asia and the Pacific are disabled in some or the other way. Due to causes including population aging, natural disasters, chronic health disorders, injuries from auto accidents, unfavorable working circumstances, and others, the number is anticipated to increase over the coming decades. People with disabilities often go unnoticed, unheard, and uncounted despite a steady rise in their numbers. Sales of items & services for rehabilitation are directly correlated with the number of impaired people. Due to their incapacity to go to hospitals, patients prefer rehabilitation treatments at home. The need for home rehabilitation goods and services is increased as a result.

Challenges – Home Rehabilitation Robot Market

Expensive rehabilitation supplies

Due to the high cost of rehabilitation products and inadequate healthcare infrastructure, access to rehabilitation services for individuals with disabilities is restricted in low- and middle-income countries (LMICs) like Kenya, Nigeria, Ghana, and others.  Additionally, there aren't many doctors and other medical professionals to choose from in these nations, which limits the knowledge of and adoption of home rehabilitation solutions and restrains the market's expansion. The majority of people in developing nations fall into the middle class or lower middle class, making it challenging for them to accept such expensive rehabilitation items.  Additionally, the industry can be hindered by the absence of government measures to offer subsidies and raise awareness regarding home therapy for long-term patients.

Technical Barriers to Restrain Market Growth 

User safety and device reliability are the main factors in the development and regulation of medical devices. During the testing of the product, the technical design knowledge and abilities of the manufacturer are important. Home rehabilitation robots created for healthcare applications need to be carefully scrutinized because the failure of medical equipment can have fatal repercussions. There are currently just a few standards that are relevant to the home rehabilitation robots sector. Only goods that have received regulatory approvals can be marketed for home rehabilitation, and the FDA accepts ISO standards that apply to pertinent businesses. Safety skills are an abstract depiction of a robot's capacity to lessen a certain risk or manage a particular danger. They can be used in a variety of ways, depending on the needs of the application, allowing for the usage of a single safety skill across many different applications and domains. These skills have led to the development of safety validation processes that take into account domain-specific circumstances. 

Market Landscape

Partnerships, product launches, joint ventures, acquisitions, and agreement activities are key strategies adopted by players in the home rehabilitation robot market. In 2023, the home rehabilitation robot market share has been consolidated by the top twelve players accounting for 24.15% of the share. Major players in the home rehabilitation robot market are Hocoma Ag, Yaskawa Electric Corp., Myomo Inc., Kinova Robotics, Mobius Bionics, Cyberdyne Inc., Rex Bionics, Bioxtreme Robotics Rehabilitation, Tyromotion Gmbh, AlterG, Inc., and others.

  • In 2022, BioXtreme announced a new cooperation agreement that was signed with Advanced Medical Solutions s.r.o (AMS). The agreement situates AMS as BioXtreme’s representative in the Czech Republic and Slovakia, with exclusive distribution rights for BioXtreme’s neurorehabilitation products and forming connections with hospitals and rehabilitation centers around the two countries.
  • In 2022, Formant and Kinova have announced a partnership to promote the use of Gen3 robotics by providing a smooth operation experience.
  • In 2021, Cyberdyne Inc. a fundamental acquisition agreement has been executed with RISE Physical Therapy, Inc. 

For more Lifesciences and Healthcare related reports, please click here

1. Home Rehabilitation Robot Market- Market Overview
    1.1 Definitions and Scope
2. Home Rehabilitation Robot Market- Executive Summary
3. Home Rehabilitation Robot Market- Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Home Rehabilitation Robot Market - Startup companies Scenario Premium Premium  
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Home Rehabilitation Robot Market– Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top Companies
6. Home Rehabilitation Robot Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Home Rehabilitation Robot Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Home Rehabilitation Robot Market– By Type (Market Size -$ Million)
    8.1 Exoskeleton Robot
    8.2 Elderly 
    8.3 Assistive Robot
    8.4 Surgical Robot
    8.5 Therapeutic Robot
    8.6 Others
9. Home Rehabilitation Robot Market– By Patient Type (Market Size -$ Million)
    9.1 Disabled
    9.2 Elderly 
    9.3 Mentally Ill 
    9.4 Pediatrics 
    9.5 Others
10. Home Rehabilitation Robot Market– By End User (Market Size -$ Million)
    10.1 Hospital 
    10.2 Rehabilitation Centers 
    10.3 Orphanage 
    10.4 Nursing House 
    10.5 Others
11. Home Rehabilitation Robot Market– By Geography (Market Size -$ Million)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Rest of South America
    11.3 Europe
        11.3.1 U.K.
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Spain
        11.3.6 Rest of Europe
    11.4 Asia-Pacific
        11.4.1 China
        11.4.2 India
        11.4.3 Japan
        11.4.4 South Korea
        11.4.5 Australia & New Zealand
        11.4.6 Rest of Asia Pacific
    11.5 Middle East and Africa
        11.5.1 Middle East
        11.5.2 Africa
12. Home Rehabilitation Robot Market- Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Home Rehabilitation Robot Market Share Analysis Premium
    13.1 Market Share by Country- Top Companies
    13.2 Market Share by Region- Top Companies
    13.3 Market Share by type of Product / Product category- Top Companies
    13.4 Market Share at the global level- Top Companies
    13.5 Best Practices for companies
14. Home Rehabilitation Robot Market- List of Key Companies by Country Premium  
15. Home Rehabilitation Robot Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best-efforts basis for private companies"