Global Emotional Therapy Robots Market 2017-2021 - Product Image

Global Emotional Therapy Robots Market 2017-2021

  • ID: 4432816
  • Report
  • Region: Global
  • 76 pages
  • TechNavio
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FEATURED COMPANIES

  • BeatBots
  • Hasbro
  • Interbots
  • Omron and Sony
  • PARO Robots
  • Softbank Group
  • MORE
About Emotional Therapy Robots

Emotional therapy robots simulate a pet or a toy. The main function of this robot is to increase user interaction in an intelligent manner to enhance the health and psychological well-being by providing companionship. These robots are mainly utilized to increase social engagement of people suffering from dementia, and children with autism. Interactive technologies are gaining ground to ease stress and anxiety among people, using advanced technologies that include virtual reality approaches, cognitive behavioral therapy, artificial intelligence, and robots. Emotional therapy robots enhance social interaction of the people involved and improve their recovery.

The analysts forecast the global emotional therapy robots market to grow at a CAGR of 37.34% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global emotional therapy robots market for 2017-2021. To calculate the market size, the report considers the revenue earned by manufacturers of these robots.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Emotional Therapy Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BeatBots
  • Hasbro
  • Interbots
  • PARO Robots
  • Softbank Group
Other prominent vendors
  • Omron
  • Sony
Market drivers
  • Low-cost emotional therapy robots
  • For a full, detailed list, view the full report
Market challenges
  • High complexity in design
  • For a full, detailed list, view the full report
Market trends
  • Increase in healthcare spending
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BeatBots
  • Hasbro
  • Interbots
  • Omron and Sony
  • PARO Robots
  • Softbank Group
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Value chain analysis
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Segmentation by product
  • Comparison by product
  • Stationary emotional therapy robots – Market size and forecast
  • Mobile emotional therapy robots – Market size and forecast
  • Market opportunity by product
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast
  • EMEA – Market size and forecast
  • APAC – Market size and forecast
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Increase in healthcare spending
  • Advances in artificial intelligence
  • Increase in budget for robotics innovation
PART 11: VENDOR LANDSCAPE
  • Competitive landscape
PART 12: VENDOR ANALYSIS
  • Vendor overview
  • PARO Robots
  • BeatBots
  • Hasbro
  • Interbots
  • Softbank Group
  • Description of emotional therapy robots under research
PART 13: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global emotional therapy market
Exhibit 02: Value chain of the global emotional therapy robots market
Exhibit 03: Global emotional therapy robots market 2016-2021 ($ thousands)
Exhibit 04: Five forces analysis
Exhibit 05: Product – Market size and forecast 2017-2021
Exhibit 06: Comparison by product
Exhibit 07: Stationary emotional therapy robots – Market size and forecast 2016-2021 ($ thousands)
Exhibit 08: Pros and cons of stationary emotional therapy robots
Exhibit 09: Stationary emotional therapy – Year-over-year growth 2017-2021
Exhibit 10: Mobile emotional therapy robots – Market size and forecast 2016-2021 ($ thousands)
Exhibit 11: Pros and cons of mobile emotional therapy robots
Exhibit 12: Mobile emotional therapy robots – Year-over-year growth 2017-2021
Exhibit 13: Market opportunity by product
Exhibit 13: Global emotional therapy robots market – Market size and forecast 2016-2021
Exhibit 14: Regional comparison
Exhibit 15: Americas – Market size and forecast 2016-2021 ($ thousands)
Exhibit 16: Americas – Year-over-year growth 2017-2021
Exhibit 17: Population aged above 65 years in 2015 (%)
Exhibit 18: Top 3 countries in Americas
Exhibit 19: EMEA – Market size and forecast 2016-2021 ($ thousands)
Exhibit 20: Population above age 65 (%)
Exhibit 21: EMEA – Year-over-year growth 2017-2021
Exhibit 22: Top 3 countries in EMEA
Exhibit 23: APAC – Market size and forecast 2016-2021 ($ thousands)
Exhibit 24: APAC – Year-over-year growth 2017-2021
Exhibit 25: Top 3 countries in APAC
Exhibit 26: Percentage of population above the age of 65 in various regions
Exhibit 27: Products offered by BeatBots
Exhibit 28: Products offered by Hasbro
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BeatBots
  • Hasbro
  • Interbots
  • Omron and Sony
  • PARO Robots
  • Softbank Group
  • MORE
New Report Released: – Global Emotional Therapy Robots Market 2017-2021

The author of the report recognizes the following companies as the key players in the global emotional therapy robots market: BeatBots, Hasbro, Interbots, PARO Robots, and Softbank Group

Other Prominent Vendors in the market are: Omron and Sony.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increase in healthcare spending. Many countries are heavily investing in the healthcare and rehabilitation sector, and the growth momentum for R&D related to this sector is also expected to increase. Countries such as the US, Australia, Singapore, Japan, Germany, and Denmark have invested heavily in the healthcare sector, and present a huge growth potential for the emotional therapy robots market. In 2015, the US healthcare expenditure contribution increased by almost 5% to $3.2 trillion, compared with 2014. The corresponding number for Europe was about 8%-10% which is expected to increase further during the forecast period. This has enabled patients to opt for sophisticated robotic therapies instead of traditional therapies.”

According to the report, one of the major drivers for this market is Low-cost emotional therapy robots. With the rapidly growing population above the age of 65, the demand for robots for physical assistance and emotional therapy is also increasing. The requirement of emotional support is not only restricted to the elderly; children with cognitive and social problems also require such solutions for assistance. The field of robotics has rapidly advanced over the years, and has come up with physical embodiments that are autonomous, interactive, and communicative. The advent of artificial intelligence has enabled these machines to understand emotions and interact in real-time environments. Emotional therapy robots are also developed with these advanced technologies to support people suffering from social isolation ailments.

Further, the report states that one of the major factors hindering the growth of this market is High complexity in design. Emotional therapy robots are very complex in design. As they are expected to retain gestures, emotions, and movement similar to human beings, the complexity involved in programming and set-up increases further. As the demand for the social involvement of robots is increasing, robots need to be aware of emotions such as joy, excitement, anger, shyness, and others. For instance, robots targeted at interacting with autistic children have to be equipped with the enhanced capability to perform multiple tasks such as eating food, dancing, and riding, which can be imitated by the children to decrease behavioral frustration.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • BeatBots
  • Hasbro
  • Interbots
  • PARO Robots
  • Softbank Group
  • Omron and Sony
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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