The newly added Therapeutic Robots Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2028. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the therapeutic robots market include PARO Robots, SoftBank Robotics, AnthroTronix, Inc., BeatBots LLC, Omron Corporation, Sony Corporation, Bionik Laboratories Corp., Instead Technologies Ltd., Ekso Bionics Holdings Inc., and AlterG, Inc. among others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Rising instances of cerebral vascular accident (stroke) in the geriatric population, growing demand for deployment of rehabilitation technologies such as therapeutic robotics to assist in the recovery process and provide mental & physical support. Furthermore, the healthy rise in the number of rehabilitation centers and the evolution of robotic technology is expected to fuel the growth of the market over the forecast timeline. In addition to this, the regions having high disposable income and the rising awareness about the utilization of robots for stress-related issues are the main factor increasing the adoption of these robots. Also, therapeutic robots simplify the work of a human therapist and help to reduce the treatment cost. As therapeutic robots become more affordable, versatile, and sophisticated with time, they are seen in treatment settings. Thus, these factors are expected to create noteworthy demand for therapeutic robots across the world.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of therapeutic robots.
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Market Segmentation
The entire therapeutic robots market has been sub-categorized into robot type, type of disorder, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Robot Type:
· Humanoid
· Pets
By Type of Disorder:
· Autism
· Dementia
· Cerebral Pals
· Post-traumatic stress
· Anxiety and Phobias
By End-User:
· Hospitals
· Healthcare centers
· Rehabilitation centers
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for therapeutic robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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