Robotic Rehabilitation and Assistive Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
The global robotic rehabilitation and assistive technologies market is likely to witness robust growth owing to the increasing incidences of limited mobility amongst many people. Rehabilitation robotics and assistive technologies enable utilization of robotic devices for the purpose of recovery of patients affected with limited mobility. This technology enables robotic applications to be used in therapeutic processes to assist in the recovery of patients suffering from spinal cord injury, orthopedic traumas, strokes, neuromotor disorders, and cognitive diseases. This type of robots enable people affected with degenerative cognitive and motor capabilities lead a self-dependent life.
The global robotic rehabilitation and assistive technologies market has been segmented based on product type, portability, application, and region. The main of such a comprehensive report is to provide a deeper understanding into the market.
The global robotic rehabilitation and assistive technologies market has witnessed quite a few developments over the last few years. One such development is mentioned below:
Increased Prevalence of Various Types of Disabilities to Bolster its Demand
The global robotic rehabilitation and assistive technologies market is expected to thrive on the increased need of people with mobility challenges to lead an independent life. Modern technology in robotics is helping in making the lives of disabled people easier. It is also making the functionalities of their body better.
Well-designed technology to develop companionship and care robots together with assistive speech technology is likely to propel the growth of the global robotic rehabilitation and assistive technologies market. The stakeholders are carrying on research and development to figure out how assistive robots are capable of effectively assisting differently able people. They are trying to find out ways to design innovative robots that would help them overcome the challenges of limited mobility.
Innovations such as robotic trousers are helping patients walk normally. These trousers are developed utilizing soft artificial muscles that are conditioned electrically to instigate bodily movements like standing up. Innovations such as this are likely to open up new avenues of growth for the global robotic rehabilitation and assistive technologies market in years to come.
In terms of region, North America is estimated to account for a large chunk of the global robotic rehabilitation and assistive technologies market over the timeframe of forecast. Such dominance of the region is driven by the adoption of highly advanced robotic rehabilitation & assistive technologies. In addition, favorable reimbursement policies from the healthcare industry are likely to emerge as another important growth factor for the market in the region.
The global robotic rehabilitation and assistive technologies market is segmented as:
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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