Rehab robots, smart prostheses and exoskeletons to reach $1.8 billion by 2020
A Wintergreen Research report says that the rehabilitation robot market will grow from $43.3 million to $1.8 billion by 2020 as a result of the effectiveness of robotic treatment methods.
The $3,900 report covers the breath of the work being done in this important healthcare robotics segment. It covers products such as rehab/therapy robots, active prostheses, exoskeletons and wearable robotics. It also describes patient needs for all types of injuries, disabilities and therapies and recaps dozens of companies involved in the industry, particularly AlterG, InMotion, Ekso Bionics, Myomo and Hocoma.
Usefulness of rehabilitation robots is increasing; more sophisticated combinations of exercise have become more feasible as the technology evolves. Patients generally practice 1,000 varied movements per session; very hard for human therapists but easy with the robots.