Dec 12 2014
TechNavio, a tech-focused research firm has published a list of the top 15 companies in the Global Rehabilitation Robotics Market.
Robots can treat a large number of patients under the supervision of only one therapist, and are increasingly being used in therapy to optimize and maximize clinical efficacy.
This is helping to propel strong growth in the Global Rehabilitation Robotics Market, which is posting a CAGR of 24.27 percent from 2015-2019.
A rise in the number of private hospitals and increased R&D expenditure are key trends that are expected to lead to the development of better therapies and rehabilitation options.
“Private hospitals are well-equipped and provide more advanced facilities compared to public hospitals, and the increase in the spending power of the middle-class population is expected to benefit the private hospital sector and, in turn, the Global Rehabilitation Robotics Market,” says Faisal Ghaus, Vice President of TechNavio.
“In addition, vendors are striving to minimize manufacturing costs to provide devices to deliver tailored therapies to a wider range of patients.”
Vendors in the market, including Kinestica, Kinova and MediTouch are offering a range of rehab robots that can be generally categorized into prosthetic robots, exoskeleton robotic systems, orthotic robotics and therapeutic robotics.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global Service Robot Market 2014-2018