Rehabilitation robotics is a field of research committed to comprehension and augmentation of the process of rehabilitation with the help of robotic devices. These devices are typically used for patients suffering from mobility issues. Robotic rehabilitation and assistive technologies allow for application of robotics in therapeutic procedures to help recover a parents suffering various diseases or disabilities such as cognitive disease, trauma, shock, strokes, orthopedic trauma, neuromotor disorder, and spinal cord injury.
Get Sample PDF Brochure with Impact of COVID19: https://www.coherentmarketinsights.com/insight/request-sample/924
Market Dynamics- Drivers
Growing prevalence of disability worldwide is expected to drive growth of the global rehabilitation robotics and assistive technologies market
According to World Health Organization (WHO) 2016, around 1 billion people around the globe suffered from some form of disability, of which around 190 million were unable to carry out daily function independently. Swift growth in disabilities, owing to growing prevalence of disease such as rheumatoid arthritis, cerebral palsy, spinal cord injury, and other ageing disabilities are expected to increase demand for robotic rehabilitation and assistive technologies, thereby driving the market growth. According to the WHO, in 2017, around 47 million people suffered from dementia, with around 10 million new cases reported each year. Such factors are expected to create highly lucrative environment for growth of the global robotic rehabilitation and assistive technologies market in the near future.
Market Dynamics- Restraints
However, lack of awareness regarding new technologies among the populace, especially in emerging economies, and high cost of robotic rehabilitation and assistive technologies are expected to restrain the global robotics rehabilitation and assistive technologies market growth during the forecast period.
Tailored Information as per niche requirement:
LIMITED TIME OFFER – Hurry Up!
Get Discount For Buyers UPTO 30% OFF On Any Research Report
Apply Promo Code “CMIFIRST1000” And Get Instant Discount Of USD 1000
Buy Now this Premium Report to Grow your Business @ https://www.coherentmarketinsights.com/insight/buy-now/924
Global Robotic Rehabilitation and Assistive Technologies Market Taxonomy
The global robotic rehabilitation and assistive technologies market is segmented on the basis of product type, portability, and application
On the basis of product type, the global robotic rehabilitation and assistive technologies market is segmented into:
- Surveillance & Security,
- Socially Assistive
On the basis of portability, the robotic rehabilitation and assistive technologies market is segmented into:
- Fixed base
On the basis of application, the robotic rehabilitation and assistive technologies market is segmented into:
- Cognitive & Motor Skills
Europe is expected to dominate the robotic rehabilitation and assistive technologies market
Regional segmentation of robotic rehabilitation and assistive technologies market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among regions, Europe is expected to hold a dominant position in the global robotic rehabilitation and assistive technologies market during the forecast period. This is owing to increasing prevalence of disabilities in the region. According to an article published by The Institute of Modern Russia, around 13 million people live with certain disabilities, constituting to around 9% of the total population in the country. Furthermore, researchers at the University of Hertfordshire, along with European partners have developed a robotic glove intended for stroke patients. It can be used in home settings to support rehabilitation. Moreover, North America is expected to be the second-largest market, owing to robust technological infrastructure and inclination of the population towards adoption of new technologies.
Key players in the market are focused on various growth strategies such as gaining product approval from regulatory authorities, in order to enhance their market presence. For instance, in 2016, Ekso Bionics Holdings, Inc., received U.S. Food and Drug Administration (FDA) approval for Ekso GT robotic exoskeleton. This product is used to treat an individual with hemiplegia which occur due to stroke.
To understand Research Methodology, please click https://www.coherentmarketinsights.com/ongoing-insight/robotic-rehabilitation-and-assistive-technologies-market-924
Key players in global robotic rehabilitation and assistive technologies market are Mazor Robotics Ltd., Intuitive Surgical Inc., Accuray, Inc., Health Robotics S.R.L., Kinova, AlterG Inc., Ekso Bionics, and Interactive Motion Technologies, Bioxtreme Robotics Rehabilitation, and Instead Technologies.
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
To know more about us, please visit our website – www.coherentmarketinsights.com
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027