Industry Insights
The global Assistive Robots Market was valued at USD 3.5 billion in 2018. Growing demand for convenience, the rise in tedious and complex operations in a variety of sectors ranging form healthcare to defense and advancements made in the overall robotics field are some of the factors that are benefitting the market growth. Strong demand from healthcare sectors is expected to continue over the forecast period.
The global Assistive Robots Market is segmented on the basis of Type and Application. The global Assistive Robots Market is segmented based on Type as Physically Assistive Robots, Socially Assistive Robots, and Mixed Assistive Robots. Based on Application the global Assistive Robots Market is segregated as Surgery Assistance, Public Relation, Handicap Assistance, Elderly Assistance, Industrial, Companionship, Defense, and Others.
The regional outlook on the global Assistive Robots Market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Assistive Robots Market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
Companies such as Kinova robotics have developed robots that assist in niche applications such as spine surgeries and muscle pain related procedures. The global Assistive Robots Market is highly competitive in nature with major players including Kinova Robotics, Focal Meditech, SoftBank Robotics, Cyberdyne, Intuitive Surgical, Ekso Bionics, Ubtech Robotics, Barrett Technology, Rewalk Robotics, Hyundai, and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Assistive Robots Market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Assistive Robots Market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,
Assistive Robots Market, By Type
• Physically Assistive Robots
• Socially Assistive Robots
• Mixed Assistive Robots
Assistive Robots Market, By Application
• Surgery Assistance
• Public Relation
• Handicap Assistance
• Elderly Assistance
• Industrial
• Companionship
• Defense
• Others
Assistive Robots Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include Kinova Robotics, Focal Meditech, SoftBank Robotics, Cyberdyne, Intuitive Surgical, Ekso Bionics, Ubtech Robotics, Barrett Technology, Rewalk Robotics, Hyundai, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global Assistive Robots Market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Assistive Robots Market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
Table of Contents
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Assistive Robots Market, By Type
5.1 Introduction
5.2 Physically Assistive Robots
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Socially Assistive Robots
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Mixed Assistive Robots
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Assistive Robots Market, By Application
6.1 Introduction
6.2 Surgery Assistance
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Public Relation
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Handicap Assistance
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Elderly Assistance
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Industrial
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Companionship
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Defense
6.8.1 Market Overview
6.8.2 Market Size and Forecast
6.9 Others
6.9.1 Market Overview
6.9.2 Market Size and Forecast
7. Assistive Robots Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Assistive Robots, By Application
7.2.2 North America Assistive Robots, By Application
7.3 Europe
7.3.1 Europe Assistive Robots, By Application
7.3.2 Europe Assistive Robots, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Assistive Robots, By Application
7.4.2 Asia-Pacific Assistive Robots, By Application
7.5 Rest of the World
7.5.1 Rest of the World Assistive Robots, By Application
7.5.2 Rest of the World Assistive Robots, By Application
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Kinova Robotics
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Focal Meditech
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 SoftBank Robotics
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Cyberdyne
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Intuitive Surgical
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Ekso Bionics
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Ubtech Robotics
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Barrett Technology
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Rewalk Robotics
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Hyundai
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
SDMR employs a three way data triangulation approach to arrive at market estimates. We use primary research, secondary research and data triangulation by top down and bottom up approach
Secondary Research:
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
Macro-economic data points
Import Export data
Identification of major market trends across various applications
Primary understanding of the industry for both the regions
Competitors analysis for the production capacities, key production sites, competitive landscape
Key customers
Production Capacity
Pricing Scenario
Cost Margin Analysis
Key Data Points through primary research-
Major factors driving the market and its end application markets
Comparative analysis and customer analysis
Regional presence
Collaborations or tie-ups
Annual Production, and sales
Profit Margins
Average Selling Price
Data Triangulation:
Data triangulation is done using top down and bottom approaches. However, to develop accurate market sizing estimations, both the methodologies are used to accurately arrive at the market size. Insert Image
