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Healthcare Wearable Robots Market Trends

Report ID: GMI5447
Published Date: Sep 2024
Report Format: PDF

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Healthcare Wearable Robots Market Trends

The technological advancements have led to more effective, personalized, and widely adopted healthcare wearable robots, improving patient outcomes in mobility assistance and rehabilitation settings.

Wearable robots collect vast amounts of patient data, including movement patterns, muscle engagement, and rehabilitation progress. This data is analyzed using advanced analytics to fine-tune therapy and optimize robot performance based on individual needs.
Wearable robots are increasingly being integrated with wireless technologies and the Internet of Things (IoT), allowing real-time data sharing with healthcare providers. This facilitates remote monitoring, progress tracking, and adjustments to treatment plans.
Furthermore, advances in battery technology, such as high-energy-density lithium-ion batteries, allow wearable robots to run longer on a single charge, making them more practical for daily use. Some robots also utilize regenerative braking systems to recapture energy. Lightweight, efficient power systems make the devices less bulky, improving portability and ease of use.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The healthcare wearable robots industry was valued at USD 443 million in 2023 and is projected to grow at a CAGR of 29.1% from 2024 to 2032, driven by factors such as rising disabilities, increasing focus on patient independence, and growing demand for rehabilitation solutions.

Soft wearable robots, valued at USD 390.2 million in 2023, are increasingly popular due to their lightweight, flexible materials that provide comfort and adaptability. These robots are especially beneficial for patients with neurological conditions such as stroke or Parkinson’s disease, offering better mobility assistance during rehabilitation.

Lower body wearable robots were valued at USD 327.4 million in 2023. These devices are crucial for providing mobility assistance to patients with spinal cord injuries (SCI) and are designed to enhance real-time movement assistance, improving the quality of life for individuals with severe mobility impairments.

The North America market was valued at USD 193.3 million in 2023. Key drivers include the rising incidence of sports injuries, accidents, and workplace incidents.

Prominent players in the healthcare wearable robots industry include ANGEL ROBOTICS, Bioservo Technologies AB, CYBERDYNE INC., DIH Medical, Ekso Bionics Holdings Inc., Fourier Intelligence, Myomo, Inc., ReWalk Robotics, and Ottobock SE & Co. KGaA, among others.