Global Rehabilitation Robots Market By Product (Assistive Robots, Prosthetics, Orthotics, Therapeutic Robots, & Exoskeleton Robotic Systems), By Application, By End User (Rehabilitation Centers, Hospitals, & Others), By Geography – Analysis & Forecast to 2019
Rehabilitation robots are robotic devices that are tailored to assist different sensorimotor functions, development of schemes to assist therapeutic training, and to assess sensorimotor performance of the patient. Rehabilitation robotics, a field of research dedicated to understanding and augmenting rehabilitation through the application of robotic devices. It includes development of robotic devices tailored for assisting different sensorimotor functions (e.g. arm, hand, leg), development of different schemes of assisting therapeutic training, and assessment of sensorimotor performance (ability to move) of patient; here, robots are used mainly as therapy aids instead of assistive devices.
According to the World Health Organization (WHO), senior citizens at least 65 years of age will increase in number by 88% in the coming years. By 2050, the United States’ contingent of seniors is expected to double from approximately 40 to 80 million. With this increase comes increased incidence of age-related disorders. The high incidences of paraplegia are likely to increase the demand for these robotic prosthetics. According to the National Spinal Cord Injury Statistical Center, about 236,000 to 327,000 people in the U.S. alone suffer from serious spinal cord injuries and about 155,000 people have paraplegia.
The report analyzes the market of robotic systems by five market segments such as; Assistive robots, Prosthetics, Orthotics, Therapeutic robots and Exoskeleton robotic systems. Rehabilitation Robots finds extensive application in the field of Neurology and Orthopedics. This market has been categorized into end user, namely, hospitals, rehabilitation centers and others. In terms of geography, this market covers the analysis across North America, Europe, Asia-Pacific, and Rest of the World (ROW). These robots are mainly used as therapy aids and are generally well tolerated by patients. In patients suffering from motor impairments, especially due to stroke, these robots have been found to be an effective adjunct to therapy.
North America accounts for the largest share of the global rehabilitation robots market, both in terms of volume and market value, and the market is slated to grow further mainly due to major government investments, ongoing innovations and rise in demand for rehabilitation robots. Assertive robots holds the largest share in this market; the key players operating in the assistive robotics market are BioXtreme, Cyberdyne Inc, Rehab Robotic Limited, Extract Dynamics, AIST, Applied Resource Corporation, and Fraunhofer.
The report also provides an extensive competitive landscaping of companies operating in this market. The main companies operating in rehabilitation robots market and extensively covered in this report are AlterG (U.S.), InMotion Robotics (U.S.), Ekso Bionics (U.S.), Myomo Inc. (U.S.), and Hocoma AG (Switzerland). In addition to that, the report also provides premium insights of the market.