The 2019 study consists of 564 pages, 269 tables and figures. Worldwide rehabilitation Robot markets are expected to grow significantly, as robots replace much of human physical therapy work. The robots are steadier, make fewer mistakes, support treatment for longer durations and reduce rehabilitation costs for many conditions. The robots allow a more accurate rehabilitation routine for any specific condition than is often possible with human physical therapy. Robotics have a tremendous ability to reduce disability and lead to better results for patients with stroke.
With the use of rehabilitation robots, patient function recovery can be more substantial than what is now achieved. While traditional rehabilitation with a human therapist lasts for a few weeks, people using robots are able to make continuous progress in restoring functionality even years after an injury or stroke. It’s a question of costs. While insurance pays for a small amount of rehabilitation, generally provided by a human therapist, using a robot is much cheaper and can be effective over the long term, even without reimbursement.
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Marketing has a tremendous effect in persuading people to improve rehabilitation processes even after years of effort. Robotic rehabilitation devices are used to support the performance of sensorimotor functions. Devices help rehabilitate the arm, hand and leg by supporting repetitive movement that builds neurological pathways to support the use of muscles. The development of different robotic systems for therapeutic training is innovative.
According to Susan Eustis, lead author of the team that developed the market research study, “Robotic therapy stimulus of the upper limbs provides an example of the excellent motor recovery after stroke that can be achieved with rehabilitation robots. “Lower limb systems and exoskeleton systems provide wheelchair-bound patients with the ability to get out of a wheelchair. The products that work still emerge as commercial devices.
All products that are now commercially viable are positioned to achieve significant long-term staying power on the market, providing those companies that offer them the possibility of long-term market leadership. Robotic rehabilitation equipment is mostly used in clinical rehabilitation facilities. There is a huge opportunity to launch a home care equipment market if it is done through sports clubs rather than clinical facilities. People expect insurance to pay for medical equipment, but are willing to spend bundles on home sports trainer equipment.
Rehabilitation robots can help stroke patients years after an event, so it makes a difference if someone continues to work to improve their functioning. Vendors will very likely have to develop a strong rehabilitation robotic market presence as these devices develop a home care aspect. The cost of nursing home rehabilitation was very high, limiting the use of rehabilitation to a few weeks or months at most.
Rehabilitation robots realistically extend the use of the automated rehabilitation process in the home. The availability of affordable devices that improve mobility is not unnoticed by sports clubs and the generation of baby boomers, who are now in the 65-plus age group and seek to maintain their lifestyles. As clinicians realize that more gains can be made by using rehabilitation robots at home, the pace of acquisitions is likely to increase.
Robot rehabilitation market size of $641 million is expected to grow dramatically in 2018 to $6.4 billion by 2025. Exoskeleton markets will be separate and additive to that market. A separate market for exoskeletons will create more growth. Market growth is due to the effectiveness of the robotic treatment of muscle difficulties. The usefulness of rehabilitation robots is growing. More sophisticated exercise combinations have become more feasible as the technology evolves. Patients usually practice 1,000 different movements per session. More sessions are possible with the robots.
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Companies Profiled
Market Leaders
DJO Global
DIH / Hocoma
Performance Health / Patterson Medical
AlterG
Ekso Bionics
ReWalk Robotics
Myomo
Bionik / Interactive Motion Technologies
Intuitive Surgical
Market Participants
Berkley Robotics and Human Engineering Laboratory
Biodex
Bioness
Catholic University of America
Biodex
Bioness
DJO Global
Fanuc
Focal Meditech
Furniss
Hocoma
Honda Motor
Instead Technologies
Invacare
iRobot
Interactive Motion Technologies (IMT)
InMotion Robots
Interaxon
KDM
Kinova
KLC Services
Medi
MRISAR
Orthocare Innovations
Patterson
ProMed Products Xpress
Reha-Stim
Robotdalen
RSL Steeper
RU Robots
Secom
Sunrise Medical
Touch Bionics
Tyromotion
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