Global Assistive Robotics Market is valued approximately at USD 4.10 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22.30% over the forecast period 2020-2027. A robot is a mechanical and digital smart agent that uses to perform the specific project robotically as consistent with the programming of an agent or via faraway manipulation. An assistive robot uses for appearing a venture for persons with a disability, the older human beings, babies and for business purposes. Incapacity folks can control the functioning of the assistive robots with the help of a far off. An assistive robotic is having sensors and clever algorithms to talk with individuals, to navigate autonomously and to come to a decision independently.
The global pandemic of COVID-19 has adverse effect on robotics market due to the slowdown in manufacturing of robots and insufficient supply of essential raw materials. As many governments across major economies such as United States, China, India, and Germany etc. affected by coronavirus announced lockdown to preserve spread of virus. Whereas, the rise in prevalence of geriatric population and essential component of assistive robotics in assisting older populations is driving the growth of market over the forecast years.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw1362
For instance: According to World Health Organization, the number of people aged 65 or older is projected to grow from an estimated 524 million in 2010 to nearly 1.6 billion in 2050. Additionally, rising insurance coverage for medical exoskeletons and robotic surgeries is the factor propelling the growth of market over the forecast years. However, necessity to abide various standards and certifications, especially in medical industry is hampering the growth of market over the forecast years.
The regional analysis of global Assistive Robotics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising insurance coverage for medical exoskeletons and robotic surgeries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in growth of geriatric population would create lucrative growth prospects for the Assistive Robotics Market across Asia-Pacific region.
Major market player included in this report are:
Kinova Robotics
Focal Meditech
Softbank Robotics
Cyberdyne
Intuitive Surgical
EKSO Bionics
Ubtech Robotics
Barrett Technology
Rewalk Robotics
Hyundai
Download Free Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw1362
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Mobility offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Mobility:
Stationary
Mobile
By Type:
Physically Assistive Robots
Socially Assistive Robots
Mixed Assistive Robots
By Application:
Surgery Assistance
Handicap Assistance
Elderly Assistance
Public Relation
Industrial
Companionship
Defence
Others
By Region:
North America
U.S.
To Get More Business Strategies For Request Sample Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw1362
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Reasons to Buy this Report:
- Access to date records compiled by using our researchers. These supply you with historic and forecast data, which is analyzed to inform you why your market is set to change
- This allows you to assume market adjustments to stay in advance of your competitors
- You will be in a position to replica facts from the Excel spreadsheet straight into your advertising plans, enterprise presentations, or different strategic documents
- The concise analysis, clear graph, and desk structure will allow you to pinpoint the statistics you require quickly
- Provision of market cost (USD Billion) records for every section and sub-segment
- Indicates the place and phase that is predicted to witness the quickest increase as properly as to dominate the market
- Analysis via geography highlighting the consumption of the product/service in the location as properly as indicating the elements that are affecting the market inside every region
- Competitive panorama which accommodates the market rating of the most important players, alongside with new service/product launches, partnerships, enterprise expansions, and acquisitions in the previous 5 years of businesses profiled
- Extensive agency profiles comprising of employer overview, organization insights, product bench marking, and SWOT evaluation for the essential market players
- The cutting-edge as nicely as the future market outlook of the enterprise regarding latest traits which contain increase possibilities and drivers as nicely as challenges and restraints of each rising as nicely as developed regions
- Includes in-depth evaluation of the market from quite a number perspectives thru Porter’s 5 forces analysis
- Provides perception into the market via Value Chain
- Market dynamics scenario, alongside with boom possibilities of the market in the years to come
- 1-Year post-sales analyst support
Request Full Report- https://reportocean.com/industry-verticals/sample-request?report_id=bw1362
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1888 212 3539 (US – TOLL FREE)
Website:https://reportocean.com