Rehab Robot Market Expected to Reach $1.8 Billion by 2020, Study Says
A study published by WinterGreen Research indicates that the rehabilitation robot market size is expected to grow from $43.3 million to $1.8 billion by 2020.
The study, “Rehabilitation Robots, Active Prostheses, and Exoskeleton Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020,” features a total of 326 pages, 154 tables and figures. It attributes the market growth to the reported effectiveness of robotic treatment of muscle difficulty and maintains that the usefulness of the rehabilitation robots is increasing since more sophisticated combinations of exercise have become more feasible as the technology evolves. According to the study, patients generally practice 1,000 varied movements per session, however with robots, more sessions are possible.
Susan Eustis, principal author of the market research study, notes, “Robotic therapeutic stimulus of upper limbs provides an example of the excellent recovery after stroke that can be achieved using rehabilitation robots.”
Eustis is president, CEO, and co-founder of WinterGreen Research and has conducted research in communications and computer markets and applications.
Ellen T. Curtiss, also a principal author, is the technical director and a co-founder of WinterGreen Research. Curtiss conducts strategic and market assessments in technology-based industries.
A range of companies are profiled throughout the study, and key topics include rehabilitation robots, active prostheses, exoskeletons, anti-gravity treadmill, wearable robots, physical therapy automation, robotic technologies leveraging neuroplasticity, stroke rehabilitation, strengthening the upper extremity, spinal cord injuries, and rehabilitation robots software.
According to the WinterGreen Research website, the report is the 584th in a series of market research reports designed to offer forecasts in communications, telecommunications, the Internet, computer, software, and telephone equipment. Forecasts are based upon primary research and proprietary databases, and reflect analysis of the market trends in the segment and related segments.
For more information on the study and its authors visit the WinterGreen Research website.
[Source: WinterGreen Research]