Emotional Therapy Robots Market Size, Share, Analysis, Industry Demand and Forecasts Report

Technavio Announces the Publication of its Research Report – Global Emotional Therapy Robots Market 2017-2021 

Technavio 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.
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.
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. 

Technavio’s 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

Technavio's 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 driver 
• Low-cost emotional therapy robots
• For a full, detailed list, view our report 

Market challenge 
• High complexity in design
• For a full, detailed list, view our report 

Market trend 
• Increase in healthcare spending
• For a full, detailed list, view our report 
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