Increase in Chronic Disorders to Fuel Healthcare Assistive Robot Market, TMR

Healthcare assistive robots are those robot that utilized optimally by the healthcare industry worldwide. Healthcare Assistive Robots are capable of sensing and performing actions that are beneficial for the elderly and people with disabilities. Increasing geriatric population together with an upsurge in incidences of chronic disorders are anticipated to steer the global healthcare assistive robots market towards growth over the period of forecast.

The healthcare assistive robot market is likely to expand on account of increasing incidence of stroke coupled rising cases of injuries and accidents across the globe. All these factors are expected to escalate the demand for healthcare assistive robots during the forecast period.

As per a data released by Conference on Retroviruses and Opportunistic Infections, every year nearly 15 million people across the globe suffer from stroke. Among these about 5 million people remain permanently disabled, this is an alarming clearly indicating the high scope of assistive robot in the healthcare industry.

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Prevalence of High Incidences of Stroke Offers Promising Future

Rising prevalence of stroke coupled with increasing incidents of accidents and injuries across the globe are set to trigger growth for global healthcare assistive robot market.

In accordance with data revealed by Conference on Retroviruses and Opportunistic Infections, around 15 million people suffer from stroke across the globe every year. Of these, around 5 million people are not cured and remain permanently disabled. Well, this is an alarming rate, clearly suggesting the large scope for the role of assistive robots in the healthcare sectors.

In addition to that, increase in usage of assistive robots in rehabitational therapies for patients has emerged as a major trend in the global healthcare assistive robot market. This is primarily due to the fact that robots can perform repetitive sets of tasks with absolute efficiency as compared to human beings. Additionally, healthcare assistive robots come with the provision of measurable feedback. This is anticipated to escalate the demand for healthcare assistive robots across the globe during the forecast timeframe.

However, lack of awareness amongst people regarding the usage of such assistive robots in healthcare sector and high cost of healthcare assistive robots are expected to hamper market growth to some extent.

Based on regional markets, North America is projected to be the largest market for healthcare assistive robot. Other than this, APAC is expected to register the fastest growth in the coming years due to the presence of sophisticated healthcare infrastructure, especially in Japan and Australia.

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