Product Code: IRTNTR71083
The handicap assistance robots market is forecasted to grow by USD 2485.4 million during 2022-2027, accelerating at a CAGR of 27.51% during the forecast period. The report on the handicap assistance robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in artificial intelligence, support for assistance robots from governments of developed countries, and aging population in developed countries.
Technavio's handicap assistance robots market is segmented as below:
Market Scope |
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 22.01% |
CAGR | 27.51% |
Incremental Value | $2485.4mn |
By Product
- Robotic parts
- Robotic wheelchair
By Type
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the integration of IoT with handicap assistance robots as one of the prime reasons driving the handicap assistance robots market growth during the next few years. Also, expansion of robotics technology and development of autonomous robotic wheelchairs will lead to sizable demand in the market.
The report on the handicap assistance robots market covers the following areas:
- Handicap assistance robots market sizing
- Handicap assistance robots market forecast
- Handicap assistance robots market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handicap assistance robots market vendors that include Aether Biomedical sp. z o.o., Assistive Innovations bv, Bionik Laboratories Corp., COVVI, Cyberdyne Inc., Ekso Bionics Holdings Inc., Focal Meditech, GOGOA Mobility Robots SL, Honda Motor Co. Ltd., Japet Medical Devices, Kinova Inc., Ossur hf, Ottobock SE and Co. KGaA, Panasonic Holdings Corp., ReWalk Robotics Ltd., Rex Bionics Ltd., Toyota Motor Corp., Trexo Robotics Inc., Wandercraft, and Bionic Yantra. Also, the handicap assistance robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary €" Chart on Market Overview
- Exhibit 02: Executive Summary €" Data Table on Market Overview
- Exhibit 03: Executive Summary €" Chart on Global Market Characteristics
- Exhibit 04: Executive Summary €" Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary €" Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary €" Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary €" Chart on Incremental Growth
- Exhibit 08: Executive Summary €" Data Table on Incremental Growth
- Exhibit 09: Executive Summary €" Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global handicap assistance robots market 2017 - 2021
- Exhibit 18: Historic Market Size €" Data Table on global handicap assistance robots market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size €" Product Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size €" Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size €" Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size €" Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers €" Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers €" Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants €" Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes €" Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry €" Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Robotic parts - Market size and forecast 2022-2027
- Exhibit 34: Chart on Robotic parts - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Robotic parts - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Robotic parts - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Robotic parts - Year-over-year growth 2022-2027 (%)
- 6.4 Robotic wheelchair - Market size and forecast 2022-2027
- Exhibit 38: Chart on Robotic wheelchair - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Robotic wheelchair - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Robotic wheelchair - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Robotic wheelchair - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)
- Exhibit 43: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 44: Chart on Type - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 46: Chart on Comparison by Type
- Exhibit 47: Data Table on Comparison by Type
- 7.3 Stationary - Market size and forecast 2022-2027
- Exhibit 48: Chart on Stationary - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Stationary - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Stationary - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Stationary - Year-over-year growth 2022-2027 (%)
- 7.4 Mobility - Market size and forecast 2022-2027
- Exhibit 52: Chart on Mobility - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Mobility - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Mobility - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Mobility - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Type
- Exhibit 56: Market opportunity by Type ($ million)
- Exhibit 57: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
- Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 Sweden - Market size and forecast 2022-2027
- Exhibit 91: Chart on Sweden - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Sweden - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Sweden - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Sweden - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 103: Market opportunity By Geographical Landscape ($ million)
- Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Assistive Innovations bv
- Exhibit 111: Assistive Innovations bv - Overview
- Exhibit 112: Assistive Innovations bv - Product / Service
- Exhibit 113: Assistive Innovations bv - Key offerings
- 12.4 Bionic Yantra
- Exhibit 114: Bionic Yantra - Overview
- Exhibit 115: Bionic Yantra - Product / Service
- Exhibit 116: Bionic Yantra - Key offerings
- 12.5 Cyberdyne Inc.
- Exhibit 117: Cyberdyne Inc. - Overview
- Exhibit 118: Cyberdyne Inc. - Product / Service
- Exhibit 119: Cyberdyne Inc. - Key offerings
- 12.6 Ekso Bionics Holdings Inc.
- Exhibit 120: Ekso Bionics Holdings Inc. - Overview
- Exhibit 121: Ekso Bionics Holdings Inc. - Business segments
- Exhibit 122: Ekso Bionics Holdings Inc. - Key offerings
- Exhibit 123: Ekso Bionics Holdings Inc. - Segment focus
- 12.7 Focal Meditech
- Exhibit 124: Focal Meditech - Overview
- Exhibit 125: Focal Meditech - Product / Service
- Exhibit 126: Focal Meditech - Key offerings
- 12.8 GOGOA Mobility Robots SL
- Exhibit 127: GOGOA Mobility Robots SL - Overview
- Exhibit 128: GOGOA Mobility Robots SL - Product / Service
- Exhibit 129: GOGOA Mobility Robots SL - Key offerings
- 12.9 Honda Motor Co. Ltd.
- Exhibit 130: Honda Motor Co. Ltd. - Overview
- Exhibit 131: Honda Motor Co. Ltd. - Business segments
- Exhibit 132: Honda Motor Co. Ltd. - Key news
- Exhibit 133: Honda Motor Co. Ltd. - Key offerings
- Exhibit 134: Honda Motor Co. Ltd. - Segment focus
- 12.10 Kinova Inc.
- Exhibit 135: Kinova Inc. - Overview
- Exhibit 136: Kinova Inc. - Product / Service
- Exhibit 137: Kinova Inc. - Key offerings
- 12.11 Ossur hf
- Exhibit 138: Ossur hf - Overview
- Exhibit 139: Ossur hf - Business segments
- Exhibit 140: Ossur hf - Key news
- Exhibit 141: Ossur hf - Key offerings
- Exhibit 142: Ossur hf - Segment focus
- 12.12 Ottobock SE and Co. KGaA
- Exhibit 143: Ottobock SE and Co. KGaA - Overview
- Exhibit 144: Ottobock SE and Co. KGaA - Product / Service
- Exhibit 145: Ottobock SE and Co. KGaA - Key offerings
- 12.13 Panasonic Holdings Corp.
- Exhibit 146: Panasonic Holdings Corp. - Overview
- Exhibit 147: Panasonic Holdings Corp. - Product / Service
- Exhibit 148: Panasonic Holdings Corp. - Key news
- Exhibit 149: Panasonic Holdings Corp. - Key offerings
- 12.14 ReWalk Robotics Ltd.
- Exhibit 150: ReWalk Robotics Ltd. - Overview
- Exhibit 151: ReWalk Robotics Ltd. - Product / Service
- Exhibit 152: ReWalk Robotics Ltd. - Key news
- Exhibit 153: ReWalk Robotics Ltd. - Key offerings
- 12.15 Rex Bionics Ltd.
- Exhibit 154: Rex Bionics Ltd. - Overview
- Exhibit 155: Rex Bionics Ltd. - Product / Service
- Exhibit 156: Rex Bionics Ltd. - Key offerings
- 12.16 Toyota Motor Corp.
- Exhibit 157: Toyota Motor Corp. - Overview
- Exhibit 158: Toyota Motor Corp. - Business segments
- Exhibit 159: Toyota Motor Corp. - Key offerings
- Exhibit 160: Toyota Motor Corp. - Segment focus
- 12.17 Wandercraft
- Exhibit 161: Wandercraft - Overview
- Exhibit 162: Wandercraft - Product / Service
- Exhibit 163: Wandercraft - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 164: Inclusions checklist
- Exhibit 165: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 166: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 167: Research methodology
- Exhibit 168: Validation techniques employed for market sizing
- Exhibit 169: Information sources
- 13.5 List of abbreviations
- Exhibit 170: List of abbreviations