Assistive Robotics market is anticipated to grow in the forecast period owing to driving factors such as increasing awareness towards healthcare of livestock and companion animals and government policies to immunize the animals. Moreover, the inflated R&D investment in this sector, new technology with better therapeutic application and raised quality standards presents the opportunity for the market.
The assistive robotics are specially designed, keeping in mind the social and physical needs of the user. These are widely used across healthcare facilities in surgery assistance or elderly assistance. Besides, these robots are rapidly penetrating other industries and are being utilized by various manufacturing companies owing to the numerous advantages they offer. The assistive robotics market is quickly emerging and is expected to expand its scope in the coming years.
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Some of the Prominent/Emerging Players in Assistive Robotics Market:
- Barrett Technology
- Cyberdyne, Inc.
- Ekso Bionics Europe GmbH
- Focal Meditech
- Hyundai Motor Europe GmbH
- Intuitive Surgical, Inc.
- Kinova Inc.
- ReWalk Robotics
- SoftBank Robotics
- UBTECH Robotics
The Assistive Robotics market is expected to grow significantly in the coming years, rising in special focus on consumers. Moreover, increase in demand for medical samples on a global level, creating demand for swift services of Assistive Robotics.
Global Assistive Robotics market is segmented on the basis of mobility, type, and application. The market on the basis of the mobility is classified as mobile and stationary. Based on type, the market is segmented as socially assistive robots, physically assistive robots, and mixed assistive robots. On the basis of the application the market is segmented as elderly assistance, surgery assistance, handicap assistance, defense, industrial, companionship, and others.
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report specifically highlights the Assistive Robotics market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
The “Global Assistive Robotics Market Analysis To 2028” is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on the global market trend analysis. The Assistive Robotics market report aims to provide an overview of the Assistive Robotics market with detailed market segmentation by component, data type, deployment model, industry vertical, and geography. The global Assistive Robotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Assistive Robotics market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Assistive Robotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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