May 20 2015
Research and Markets has announced the addition of Wintergreen Research, Inc's new report "Rehabilitation Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" to their offering.
Rehabilitation robot market size at $203.3 million in 2014 is expected grow dramatically to reach $1.1 billion by 2021
Exoskeleton markets will be separate and additive to this market. A separate exoskeleton market will create more growth. Market growth is a result of the effectiveness of robotic treatment of muscle difficulty. The usefulness of the rehabilitation robots is increasing. Doing more sophisticated combinations of exercise have become more feasible as the technology evolves. Patients generally practice 1,000 varied movements per session.
Worldwide markets are poised to achieve significant growth as the rehabilitation robots, active prostheses, and exoskeletons are used inside rehabilitation treatment centers and sports facilities providing rehabilitation for all patients with injuries or physical dysfunction.
Relearning of lost functions in a patient depends on stimulation of desire to conquer the disability. The rehabilitation robots can show patients progress and keep the progress occurring, encouraging patients to work on getting healthier. Independent functioning of patients depends on intensity of treatment, task-specific exercises, active initiation of movements and motivation and feedback. Rehabilitation robots can assist with these tasks in multiple ways. Creating a gaming aspect to the rehabilitation process has brought a significant improvement in systems.
No company dominates the entire rehabilitation robot market sector. The products that work are still emerging as commercial devices. All the products that are now commercially viable are positioned to achieve significant staying power in the market long term, providing those companies that offer them with a possibility for long term leadership position in the market.
The companies you would expect to see as participating in these markets, the leaders in the wheelchair markets re not there with any significant presence. The exoskeletons will challenge the wheel chairs, providing a supplement to the wheelchair, permitting disabled people to have some more mobility than they have now.
Robotic rehabilitation equipment is mostly used in rehabilitation clinical facilities. There is a huge opportunity for launching a homecare equipment market if it is done through sports clubs rather than through clinical facilities. People expect insurance to pay for medical equipment but are willing to spend bundles on sports trainer equipment for the home. Rehabilitation robots can help stroke patients years after an event, so it makes a difference if someone keeps working to improve their functioning.