The Global Assistive Robotics Market is estimated to be USD 10.5 Bn in 2023 and is expected to reach USD 29.62 Bn by 2028, growing at a CAGR of 23.05%, .
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
The analyst analyses the Global Assistive Robotics Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT Analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
Market Segmentations
The Global Assistive Robotics Market is segmented based on Type, Application, and Geography.- By Type, the market is classified into Mixed Assistive Robots, Physically Assistive Robots, and Socially Assistive Robots.
- By Mobility, the market is classified into Stationary and Mobile.
- By Application, the market is classified into Companionship, Defense, Elderly Assistance, Handicap Assistance, Industrial, Public Relation, and Surgery Assistance.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa and Asia-Pacific.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Blue Frog Robotics SAS, Double Robotics, Inc., Hocoma Ag, SoftBank Robotics Group Corp., Shanghai Fourier Intelligence Co. Ltd., F&P Robotics Ag, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Assistive Robotics Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the Global Assistive Robotics Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT Analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Assistive Robotics Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth Market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Analyst Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Incidences of Strokes and Spinal Cord Injuries
4.1.2 Growing Adoption of Robot-Assisted Surgery
4.1.3 Rising Insurance Coverage for Medical Exoskeletons and Robotic Surgeries
4.2 Restraints
4.2.1 Need to Abide by Various Standards and Certifications Considering Medical Industry
4.3 Opportunities
4.3.1 Increasing R&D Activities to Develop Advanced Assistive Robotics
4.3.2 High Potential for Social Assistive Robots
4.4 Challenges
4.4.1 Lack of Social Awareness About the Benefits of Adopting Assistive Robotic Systems
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Assistive Robotics Market, By Type
6.1 Introduction
6.2 Mixed Assistive Robots
6.2.1 Laparoscopic Robotic Systems
6.2.2 Neurosurgical Robotic Systems
6.2.3 Orthopedic Robotic Systems
6.3 Physically Assistive Robots
6.4 Socially Assistive Robots
7 Global Assistive Robotics Market, By Mobility
7.1 Introduction
7.2 Stationary
7.3 Mobile
8 Global Assistive Robotics Market, By Application
8.1 Introduction
8.2 Companionship
8.3 Defense
8.4 Elderly Assistance
8.5 Handicap Assistance
8.6 Industrial
8.7 Public Relation
8.8 Surgery Assistance
9 Americas' Assistive Robotics Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe's Assistive Robotics Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Assistive Robotics Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Assistive Robotics Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Axosuits Srl
14.2 Barrett Technology
14.3 Blue Frog Robotics SAS
14.4 Cyberdyne Inc.
14.5 Double Robotics, Inc.
14.6 Dream Face Technologies LLC
14.7 Ekso Bionics Holdings, Inc.
14.8 F&P Robotics Ag
14.9 Focal Meditech BV
14.10 Gogoa Mobility Robots
14.11 Hocoma Ag
14.12 Intuitive Surgical, Inc.
14.13 Kinova Inc.
14.14 Mojin Robotics GmbH
14.15 ReWalk Robotics Ltd.
14.16 Shanghai Fourier Intelligence Co. Ltd.
14.17 SoftBank Robotics Group Corp.
14.18 Stryker Corp.
14.19 UBTECH Robotics Inc.
15 Appendix
15.1 Questionnaire
Companies Mentioned
- Axosuits Srl
- Barrett Technology
- Blue Frog Robotics SAS
- Cyberdyne Inc.
- Double Robotics, Inc.
- Dream Face Technologies LLC
- Ekso Bionics Holdings, Inc.
- F&P Robotics Ag
- Focal Meditech BV
- Gogoa Mobility Robots
- Hocoma Ag
- Intuitive Surgical, Inc.
- Kinova Inc.
- Mojin Robotics GmbH
- ReWalk Robotics Ltd.
- Shanghai Fourier Intelligence Co. Ltd.
- SoftBank Robotics Group Corp.
- Stryker Corp.
- UBTECH Robotics Inc.
