The global market for Emotional Therapy Robots was estimated at US$3.9 Billion in 2023, and is projected to reach US$33.1 Billion by 2030, growing at a CAGR of 36.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the emotional therapy robots market is driven by several factors. The increasing prevalence of mental health issues, such as anxiety and depression, has heightened the demand for innovative therapeutic solutions. Advances in AI and emotional recognition technologies have made these robots more effective and reliable, boosting their adoption in various settings. The aging global population, particularly in developed countries, has created a significant need for companion robots to assist in elderly care, reducing feelings of isolation and providing emotional support. Additionally, the expansion of telehealth services and remote monitoring technologies has facilitated the integration of emotional therapy robots into patients` care plans. As public awareness of mental health continues to grow, and as societal acceptance of robotic companions increases, the market for emotional therapy robots is expected to see sustained growth.
The growth in the emotional therapy robots market is driven by several factors. The increasing prevalence of mental health issues, such as anxiety and depression, has heightened the demand for innovative therapeutic solutions. Advances in AI and emotional recognition technologies have made these robots more effective and reliable, boosting their adoption in various settings. The aging global population, particularly in developed countries, has created a significant need for companion robots to assist in elderly care, reducing feelings of isolation and providing emotional support. Additionally, the expansion of telehealth services and remote monitoring technologies has facilitated the integration of emotional therapy robots into patients` care plans. As public awareness of mental health continues to grow, and as societal acceptance of robotic companions increases, the market for emotional therapy robots is expected to see sustained growth.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Stationary Robots segment, which is expected to reach US$23.7 Billion by 2030 with a CAGR of a 36.6%. The Mobile Robots segment is also set to grow at 34.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.0 Billion in 2023, and China, forecasted to grow at an impressive 34.2% CAGR to reach $4.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Emotional Therapy Robots Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Emotional Therapy Robots Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Emotional Therapy Robots Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as BeatBots LLC, BIONIK Laboratories Corp., Blue Frog Robotics SAS, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- BeatBots LLC
- BIONIK Laboratories Corp.
- Blue Frog Robotics SAS
- Ekso Bionics Holdings, Inc.
- Embodied, Inc. (Moxie Robot)
- LuxAI S.A.
- MOVIA Robotics, Inc.
- OMRON Corporation
- PARO Robots U.S., Inc.
- RoboKind
- SciTech Patent Art Services (P) Ltd.
- SoftBank Robotics America, Inc.
- United Robotics Group GmbH;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- BeatBots LLC
- BIONIK Laboratories Corp.
- Blue Frog Robotics SAS
- Ekso Bionics Holdings, Inc.
- Embodied, Inc. (Moxie Robot)
- LuxAI S.A.
- MOVIA Robotics, Inc.
- OMRON Corporation
- PARO Robots U.S., Inc.
- RoboKind
- SciTech Patent Art Services (P) Ltd.
- SoftBank Robotics America, Inc.
- United Robotics Group GmbH;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 118 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 3.9 Billion |
Forecasted Market Value ( USD | $ 33.1 Billion |
Compound Annual Growth Rate | 36.0% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |