Europe Rehabilitation Robots Market Research Report - Segmented By Type, End-User & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: January, 2024
ID: 12376
Pages: 100

Europe Rehabilitation Robots Market Size (2023 to 2028)

The rehabilitation robots market in Europe is estimated to grow at a CAGR of 21.52% from 2023 to 2028 and be worth USD 786.7 million by 2028 from USD 296.8 million in 2023.

The growing aging population across the European region and increasing cases of heart strokes are primarily propelling the rehabilitation robots market in Europe. Heart attack or stroke, the primary reason for death among the senior population, often causes impairment of body parts requiring rehabilitation. Rehabilitation programs help these people improve their walking and other muscle moments for everyday life; therefore, this rehabilitation program helps these older people to do specific tasks in their daily life. People who are aged lose strength in their muscles and bones, and many suffer from chronic conditions requiring continuous attention and care.

Increasing usage of rehabilitation robots by disabled people is further boosting the market in the European region. According to European Commission, an estimated 87 million people are living with some disability in the European region. Rehabilitation robots are used for disabled people to help them withstand up and balancing their bodies and help in movement. The rising incidence of spinal cord injuries in Europe also propels the market growth in Europe. Spinal cord injuries are fatal for the body, and the patients with the injuries cannot possibly sit or stand straight without the help of a device or equipment. Therefore, patients with spinal cord injuries use rehabilitation robots to receive therapy to perform daily activities without needing external assistance. Strengthening exercises are the best way to recover from this spinal cord injury. Therefore, rehabilitation robots are the best way to recover by continuing therapy for the time prescribed by the doctor.

Technological advancements and an increasing number of product approvals are accelerating the growth rate of the rehabilitation robots market in the European region during the forecast period. Rehabilitation services use advanced tools to meet the needs of the population. Many key players are focusing on developing devices for older and disabled people and people who want perfection in exercise, like increased timing. Rehabilitation robotics is also used in training medicine, surgery, and remote surgery. Furthermore, the support from government funding and investments in rehabilitation robots support the market's growth.

However, the stringent approval guidelines for rehabilitation robots by the FDA for the safety of the patients can cause a hindrance to the progress of the market. The lack of skilled professionals and the complication of the device's usage is the primary factor restraining market growth. The high costs associated with some commonly used rehabilitation robots also hamper the market growth. The availability of personalized devices is a significant challenge for market growth.

This research report on the European rehabilitation robots market has been segmented and sub-segmented into the following categories.

By Type:

  • Therapeutic Robots
  • Exoskeleton Robots
  • Assistive Robots
  • Others

By End-User:

  • Rehabilitation Centers
  • Hospitals
  • Others

By Country:

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Geographically, the European region accounted for a substantial share of the global rehabilitation robots market in 2022 and is anticipated to register healthy growth during the forecast period owing to increasing healthcare spending, rising awareness of rehabilitation robots, and increasing hospital-related rehabilitation centers for patients with some impairment. These days, rehabilitation helps children recover and live happily without help. Rehabilitation therapy helps recover mobility based on robots, an advanced procedure for children with physical disabilities, which is better than traditional therapies, which help in repetitive practice in children with different disabilities.

The German rehabilitation robots market is expected to account for a promising share in the European market during the forecast period owing to the growing number of participants operating in the market. Companies operating in Germany are forming partnerships to manufacture better products and strengthen their position in the local market. Production of personalized rehabilitation robots helps with personalized care compared to normal ones.

The UK is another significant regional market in the European market. Stroke is the primary reason for adult disability in the United Kingdom. Disability affects patients' mobility and independence. For recovery from this situation, National Institute for Health and Care Excellence (NICE) recommended 45 minutes of exercise per day. People use rehabilitation robots for this exercise and have a fast recovery to counter mobility problems.

KEY MARKET PLAYERS:

Cyberdyne Inc., Bionik, Hocoma, Bioxtreme, Ekso Bionics, Rex Bionics Ltd., Corindus, Inc., and ReWalk Robotics are a few of the dominating companies in the European rehabilitation robots market profiled in this report.

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