The healthcare assistive robot market is anticipated to grow at a significant CAGR during the forecast period. The increasing aging population that results in a large range of chronic diseases has shown a positive impact on the growth of healthcare assistive robots. Healthcare assistive robots are widely used to provide support to the patient with stroke or injuries to the orthopedic system, which includes muscles, bones, joints, tendons, and ligaments. Further, increasing insurance coverage for medical exoskeletons and rising in the number of people suffering from strokes and spinal cord injuries also leads to growth in demand for healthcare assistive robots. Therefore, the growing prevalence of strokes and spinal cord injuries are the factors fuel the growth of the healthcare assistive robot market during the forecast period. However, the necessity to accept by several standards and certifications mainly in the medical industry may hamper the growth of the healthcare assistive robot market over the forecast period.