The Increasing Handicap Assistive Robots, followed by the Accelerating Adoption of MPC Prosthetics, Coupled with Growing Geriatric Population to Drive Rehabilitation Robotics Market over the Forecast Period: Ken Research
Rehabilitation Robotics is a system of examine dedicated to understanding & augmenting analysis via use of robotic devices. Use of such kind of robots providing expansion in the use advanced devices tailored for assisting the various sensor motor functions (e.g. hand, arm, leg, and ankle), assessment of sensorimotor performance (ability to move) of patient and development of different schemes of assisting therapeutic training. Rehabilitation of such robots frequently by patient set’s up to aprecious adjunct to therapy in persons, which suffers from motor impairments, mainly due to stroke. The robotics also approve patients suffering from numerous types of illness, injury, or disease, including amputations, cancer, arthritis, orthopedic injuries, cardiac disease, neurological problems, spinal cord injuries, stroke, and traumatic brain injuries. Patients with rigorous paresis can be given with reflexive movement of the upper limb, via robotic rehabilitation. For patients with some movement power, robots supported by the weight of limb in contrast to a gravity, due to the physical interaction between subject and the robot.
According to study, “Global Rehabilitation Robotics Market 2016-2025 by Product Type (Exoskeletons, MPC Prosthetics, Assistive Robots), Application (Stroke, Orthopedics, Others), Body, Mobility and Region” some of the other major companies operating in the global rehabilitation robotics market are AlterG, Inc., BionX Medical Technologies, Inc., Assistive Innovations Corp., Chas. A. Blatchford & Sons Ltd. (Endolite), Bionik Laboratories Corp. (Interactive Motion Technologies), Chatanoonga, Ekso Bionics, Cyberdyne, Inc., Freedom Innovations, LLC, Focal Meditech, Instead Technologies Ltd., MRISAR, Hocoma AG, Kinova Robotics, Patterson, Invacare Corporation, Otto Bock HealthCare GmbH, Myomo Inc., InMotion Robotics, Parker Hannifin Corporation, Ossur, ReWalk Robotics Ltd., Honda Motor, Motorika, Teh Lin Prosthetic & Orthopaedic Inc., Tyromotion, Aretech, Rehab-Robotics Company Limited, SF Robot, SynTouch LLC, Rex Bionics Plc., U.S. Bionics, Inc. (suitX), Touch Bionics Inc.
Based on product type, global rehabilitation robotics market is categorized into microprocessor-controlled prosthetics (MPC) prosthetics, therapeutic robots, healthcare exoskeletons, assistive robots and others. Based on robot mobility, market is segmented into fixed-base rehabilitation robots and mobile rehabilitation robots. Based on body function, market is segmented into lower extremity rehabilitation robots. In addition, based on application, market is segmented into orthopedics, military strength training, neuro-rehabilitation, stroke and others. Furthermore, based on end-user, market is segmented into hospitals, rehabilitation centers and medical clinics.
The global rehabilitation robotics is primarily driven by the increasing handicap assistive robots, followed by accelerating adoption of MPC prosthetics, growing geriatric population, increasing disability & amputation caused by orthopedic disorder & stroke, rising healthcare exoskeleton systems and some of the other major diseases or accidents across the globe. In addition, the high cost of rehabilitation robotic devices and stringent government regulations adding to the main factors restraining development of the market, particularly in low & medium-income countries. Moreover, increase in research & development (R & D) activities and insurance coverage for exoskeletons are expected to show some of the new trends of the market.
Globally, North America holds the foremost share in terms of the market revenue in terms of value which is primarily due to increase in technological innovations. It is expected that the global rehabilitation robotics market to grow significantly owing to the growing prevalence of conditions such as rheumatoid arthritis, cerebral palsy, dementia, spinal cord injury, and other age-related disabilities.
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Ankur Gupta, Head Marketing & Communications