Press release
Global Rehabilitation Robots Market Increase in Healthcare Spending To Grow at CAGR of 24.51% By 2020
Rehabilitation robots (or robotic devices) assist different sensorimotor functions of the body, such as those involving arms, legs, and hands. Rehabilitation robots play an important role in improving an individual's functional recovery from strokes.The stroke is a major health problem worldwide and is the main cause of disability in most western countries. Typically, a large number of hours are spent to rehabilitate stroke survivors, resulting in increasing healthcare burdens.
The global rehabilitation robots market to grow at a CAGR of 24.51% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global rehabilitation robots market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of various types of rehabilitation robots to clinics, hospitals, and rehabilitation centers.
The market is divided into the following segments based on product type:
Lower Extremity
Upper Extremity
Exoskelton robot
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Technavio's report, Global Rehabilitation Robots Market 2016-2020, 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
Ekso Bionics
Alter G
Hocoma
Interactive Motion Technologies
Other prominent vendors
Tyromotion
Bioxtreme Robotics Rehabilitation
Instead Technologies
Kinestica
Kinetic Muscles
Kinova
MediTouch
Rehab-Robotics
Reha-Stim
SynTouch
Touch Bionics
YouRehab
Ekso Bionics
Kinova Robotics
Touch Bionics
Market driver
Rising incidences of strokes
For a full, detailed list, view our report
Market challenge
High cost of rehabilitation robots
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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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Robotics is the branch of technology that deals with designing, construction, operation, and application of robots. The field of research dedicated to extending rehabilitation through the deployment of robotic devices is called rehabilitation robotics. The purpose of rehabilitation is to repair some or all of the patient's physical, sensory, and mental abilities lost due to injury, illness, or disease. Rehabilitation includes supporting the patient to reimburse for deficits that cannot…