Rapidly Rising Geriatric Population to Fuel Development of Global Healthcare Assistive Robot Market

The healthcare sector is utilizing robots to assist in overlooking several operations in numerous healthcare centers and hospitals such as monitoring patient’s activities. This is achieved by using a controlled set up and design, which is facilitating in enhancing the quality of life of patients admitted in the hospitals, as well as the healthcare centers. The healthcare assistive robots are triggering the affective, cognitive, and social functioning of the patients by indulging them in interactions in a robot and human interaction environment. The healthcare assistive robots are increasingly being adopted to cater to the growing demand for geriatric care.

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The favorable and flexible government regulations are positively influencing the progress of the global healthcare assistive robot market. The rising funding in healthcare automation and robotic research is further contributing to the development of the market. Several leading companies are joining hands with the government, as well as non-government organizations to increase the prominence of healthcare assistive robots among healthcare centers and the education regarding the benefit of these robots.

Some of the key insights about the global healthcare assistive robot market are given below:

  • The global healthcare assistive robot market has five key regions viz. Latin America, North America, Europe, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the market is expected to be dominated by the North America region due to the lucrative opportunities created by government support in the U.S.
  • The leading players in the global market for healthcare assistive robots are expected to witness strong competition in the coming years of the forecast period. Some of the leading brands in the global market include names such as Bionik, ReWalk Robotics, Kinova Robotics, GaitTronics, Hocoma, and Ekso Bionics among others.

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