U.S. Healthcare Assistive Robot Market share to grow at over 18.5% from 2016 to 2024

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Global Healthcare Assistive Robot Market to reach $950mn by 2024: Fractovia.org

The research report “Healthcare Assistive Robot Market Size By Product (Surveillance & Security, Humanoid, Rehabilitation, Socially Assistive), By Portability (Fixed base, Mobile), By Application (Stroke, Orthopedics, Cognitive & Motor Skills, Sports), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Japan, China, South Korea, Brazil, Mexico, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024� by Global Market Insights, Inc. says Advent of robotics technology leading to creation of perfectly modeled robots for home care & hospitals will push healthcare assistive robot market size in the years ahead. Enormous rise in the aging population plus high rate of strokes will further propel the industry trends.

Legislations favoring the use of assistive robots across healthcare sector is projected to augment market expansion. Growing awareness about the benefits as well as emerging trends of assistive robotics technologies coupled with strong efforts to encourage research in the field of assistive robotics will promote the industry growth over the coming years. Socially assistive robots, rehabilitation medical robots, surveillance & security robots, and humanoid robots are few of the major products of healthcare assistive robot market. Rehabilitation healthcare assistive robot industry size is anticipated to exceed USD 400 million by 2024, driven by its ability to cater to the medical needs of large patient population under the guidance of a sole therapist. Surveillance & security healthcare assistive robot market value, worth USD 39 million in 2015, is projected to record a CAGR of 18.2% over 2016-2024. Enhanced use of surveillance robots to improve healthcare and medical services is forecast to benefit the industry expansion over the years to come.

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