Assistive Trousers Drive Innovation in the Robotic Technology Landscape

Technological innovations in the robotic rehabilitation and assistive technologies landscape are offering people a second look at overcoming disability challenges. Modern technology in robotics is not only making the lives of disabled and elderly patients easier, but also improving their body functionalities.

The robotic rehabilitation and assistive technologies market is driven by well-designed technology to develop care and companionship robots and assistive speech technology systems. Thus, stakeholders are conducting research & development to identify how assistive robots can effectively help disabled patients, and are working closely to design novel assistive robot technologies that solve the challenges of disabled individuals.

Likewise, stakeholders are developing robotic trousers that restore normal walking in disabled patients. These robotic trousers are developed by combining soft artificial muscles with electric conditioning to instigate movement such as standing up. In order to improve the body functionality of disabled patients, assistive trousers are leveraged with functional electrical stimulation (FES) technology that releases electrical impulses over the muscles to establish communication between the brain and muscles, resulting in direct command to the muscles to move or contract.

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Overwhelming Demand for Rehabilitation Services Led to the Inception of Mobile Self-help Robots

The Hong Kong Polytechnic University developed and evaluated the effectiveness of a robotic arm that functions as a self-help mobile rehabilitation of the upper limb in stroke patients. Since rehabilitation robots account for 43% of the global market share for robotic rehabilitation and assistive technologies, stakeholders are developing lightweight devices that facilitate patients in intensive self-help rehabilitation exercises after they are discharged from the hospital.

Stroke is one of the leading causes of disability in individuals, worldwide. Stakeholders in the robotic rehabilitation and assistive technologies landscape have observed a rise in the demand for mobile rehabilitation robots, as patients have to queue up for long hours to get an appointment for rehabilitation training, due to the overwhelming response for rehabilitation services. As such, the development of the robotic arm is the first-of-its-kind innovation in the robotic rehabilitation and assistive technologies landscape, which consolidated an exoskeleton with soft robot and exo-nerve stimulation technologies.

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Social Science Approach and Medical Engineering Aid in Overcoming Technological Limitations

Stakeholders are coming up with new technological innovations in personal mobility and robot suits for elderly patients with disabilities. However, the robotic rehabilitation and assistive technologies landscape is subject to certain limitations.

One of the major challenges in the robotic rehabilitation and assistive technologies landscape is decreased cognitive functionality in elderly patients to assess the appropriate use of robot suits. Also, the risk of collisions due to uncertainty while driving vehicles and disorderly variations in low-base floors and other structural mechanisms pose challenges for stakeholders. Another challenge is to support monoaxial joint movement in the knees and hips to prevent a sudden fall.

Thus, in order to achieve sustainable product development in the robotic rehabilitation and assistive technologies landscape, stakeholders need to develop compact robot suits with lightweight motor and sensory modalities that minimize movement restrictions, reduce cognitive load on patients, and generate information processing to enable prediction of intention. Stakeholders also need to focus on developing robot suits by integrating the social science approach with medical engineering techniques.

robotic rehabilitation and assistive technologies market segmentation

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Analysts’ Viewpoint

Analysts of the new research study on the robotic rehabilitation and assistive technologies market have a promising outlook for stakeholders. The robotic rehabilitation and assistive technologies market is estimated to grow at 12.5% CAGR. Analysts anticipate high growth opportunities for stakeholders in Asia Pacific. The market is currently dominated by countries such as the U.S, Germany, France, U.K, Japan, and China. Innovations such as transhumanist technology are helping stakeholders in providing disabled patients with complete transformation of body functionality to enhance the intellectual and physical structure of the body. Further innovations in the robotic rehabilitation and assistive technologies landscape have led to the development of robotic exoskeleton suits that are enabling paraplegic patients to eliminate the need for wheelchairs.

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  • According to the latest report published by Transparency Market Research on the global robotic rehabilitation and assistive technologies market for the historical year 2017 and forecast period of 2019 to 2027, increase in the geriatric population and large population with physical disabilities are projected to boost the global robotic rehabilitation and assistive technologies market during the forecast period.
  • The global robotic rehabilitation and assistive technologies market is estimated to reach ~US$ 1.2 Bn in 2019, and is expected to expand at a CAGR of 12.5% from 2019 to 2027.

Increase in Geriatric Population and Rise in Physically Disabled Population: A Key Driver

  • Assistive robots provide mobility, support, and safety to users in outdoor as well as indoor environments. These solutions help improve the quality of life of physically-disabled and geriatric populations.
  • Increase in population aged above 65 years asserts the need for assistive robots for independent living. Hence, a rise in this population is a major driver of the robotic rehabilitation and assistive technologies market.
  • Aging is associated with declining support for long-term caregiving from families and highly expensive formal long-term caregiving services. Hence, these structural changes in society are likely to lead to a rise in the demand for robotic rehabilitation and assistive technologies such as exoskeletons.
  • According to the American Community Survey (ACS), around 12.8% of the U.S. population was disabled in 2016.
  • A study published in the American Journal of Medicine revealed that, the population of the U.S. is aging rapidly. Increase in life expectancy is expected to result in doubling of the population aged 65 years or above, to reach 81 million by 2040 as against 40 million in 2010.

Post-surgery Application Dominates Market

  • The post-surgery segment dominated the global robotic rehabilitation and assistive technologies market in 2018, and is expected to account for a major market share during the forecast period, owing to patient preference for robotic rehabilitation in hospital settings, as it is safe and effective as compared to home-based rehabilitation. However, this trend is changing rapidly, as it costs more for patients during the hospital stay.
  • The cognitive & motor skill segment is projected to expand at a high CAGR in the robotic rehabilitation and assistive technologies market during the forecast period. Rise in the prevalence of chronic disease-associated disability is expected to propel the segment in the robotic rehabilitation and assistive technologies market during the forecast period.
  • According to the American Heart Association, approximately 60% of individuals suffered from stroke-developed lower limb disability, which requires gait training and motor skill therapy.

North America Prominent Robotic Rehabilitation and Assistive Technologies Market

  • North America accounted for a major share of the global robotic rehabilitation and assistive technologies market in 2018, followed by Europe. Early adoption of technologically-advanced robotic rehabilitation & assistive technologies, favorable healthcare reimbursement policies in the U.S. and Canada, and rapid increase in the geriatric population with physical disability are likely to drive the robotic rehabilitation and assistive technologies market in North America.
  • Europe also held a significant share in the robotic rehabilitation and assistive technologies market in 2018. Economic revival in the European Union has resulted in increased healthcare expenditure, and thus, an increased adoption of robots in the healthcare industry in the region. Furthermore, increase in the geriatric population prone to orthopedic disorders is projected to drive the robotic rehabilitation and assistive technologies market in the region. Rheumatic diseases are the leading causes of disability, and direct medical costs for treatment are more than US$ 81 Mn annually.
  • The robotic rehabilitation and assistive technologies market in Asia Pacific is estimated to grow at a faster pace than other regions during the forecast period, due to increasing focus on the development of healthcare infrastructure by public as well as private hospitals and rise in the demand for robotic rehabilitation among a significant patient population. Additionally, wide scope of development and rapid urbanization offer significant opportunities to emerging as well as established players in the region. This, in turn, drives the robotic rehabilitation and assistive technologies market in Asia Pacific.

Robotic Rehabilitation and Assistive Technologies Market: Competitive Landscape

  • Detailed profiles of manufacturers of robotic rehabilitation and assistive technologies have been provided in the report to evaluate their key product offerings, financials, business strategies, and recent developments.
  • Key players operating in the global robotic rehabilitation and assistive technologies market include
    • ReWalk Robotics
    • AlterG, Inc.
    • Bionik Laboratories Corp
    • Ekso Bionics
    • Vincent Medical
    • DIH Technologies Corporation (Hocoma)
    • CYBERDYNE, INC.
    • Kinova, Inc.
    • Rex Bionics Ltd.
    • Instead Technologies, Ltd.

Robotic Rehabilitation and Assistive Technologies Market: Key Developments

Major manufacturers in the global robotic rehabilitation and assistive technologies market are adopting research collaboration, purchase & distribution agreements, and new product development strategies to strengthen their product portfolios and geographic presence in the international market. Key developments in the global robotic rehabilitation and assistive technologies market are:

  • In October 2018, AlterG, Inc. and Soreha entered into a strategic partnership to expand their business in China, Hong Kong, Macau, and Taiwan.
  • In July 2017, ReWalk Robotics entered into a distribution agreement with France-based Harmonie Médical Service (HMS). According to the agreement, HMS will serve as the sole distributor of ReWalk exoskeleton systems to qualifying candidates with spinal cord injury (SCI) across France.
  • In June 2017, Bionik Laboratories Corp. entered into an agreement with Taiwan-based Wistron Medical Tech Holding Company for joint development and the manufacture of a lower body assistive robotic product based on the ARKE technology.

In the global robotic rehabilitation and assistive technologies market report, we have discussed individual strategies, followed by company profiles of the manufacturers of robotic rehabilitation and assistive technologies. The ‘competitive landscape’ section is included in the report to provide readers with a dashboard view of the key players operating in the global robotic rehabilitation and assistive technologies market.

Robotic Rehabilitation and Assistive Technologies Market: Scope of the Report

[215 Pages Report] Transparency Market Research (TMR) initiated a new study on the global robotic rehabilitation and assistive technologies market, providing estimations for the period of 2019-2027. The report elucidates valuable insights to enable readers in making successful business decisions for the future growth of their businesses. The report highlights significant factors that are constantly driving the growth of the robotic rehabilitation and assistive technologies market, potential opportunities for stakeholders, trends, developments, and other key insights across various segments.

Key Questions Answered

  • What will be the robotic rehabilitation and assistive technologies market size in 2027?
  • What will be the revenue share of assistive robots in the robotic rehabilitation and assistive technologies landscape by the end of the forecast period?
  • Which portability type is most preferred for robotic rehabilitation and assistive technologies, and what will its market size be in 2019?
  • Which region will remain the most lucrative for the growth of the robotic rehabilitation and assistive technologies market?
  • What is the market share comparison between different applications in the robotic rehabilitation and assistive technologies market?

Key indicators associated with the robotic rehabilitation and assistive technologies market have been evaluated thoroughly in the report. The study sheds light on vital market dynamics such as the drivers, indicators, challenges, and trends, along with potential opportunities in the robotic rehabilitation and assistive technologies market. An in-depth study on the supply chain of the robotic rehabilitation and assistive technologies market has also been encompassed in the report.

Other key aspects laid down in the robotic rehabilitation and assistive technologies market report include cost breakdown, Porter’s five forces analysis, and pricing strategy of leading market players. Furthermore, forecast factors and forecast scenario of the robotic rehabilitation and assistive technologies market have also been highlighted in the report to understand the potential prospects of the market.

A comprehensive evaluation on the robotic rehabilitation and assistive technologies market has been provided on the basis of type, portability, application, and region. The report also renders crucial numbers such as historical and forecast size of various segments of the robotic rehabilitation and assistive technologies market. The robotic rehabilitation and assistive technologies market has been analyzed at both, regional and country levels.

The robotic rehabilitation and assistive technologies market report provides an exhaustive assessment on the structure of the robotic rehabilitation and assistive technologies market, with the help of a dashboard view of all the leading market players profiled in the report. A company share analysis on robotic rehabilitation and assistive technologies market players has also been presented in the report, apart from the footprint matrix on the profiled market players. The report depicts the presence of manufacturers of robotic rehabilitation and assistive technologies by leveraging an intensity map.

Research Methodology

A realistic methodology along with a holistic approach make the base for the incisive insights provided in the robotic rehabilitation and assistive technologies market report for the study evaluation period.

Extensive primary and secondary research has been employed to garner incisive insights into the forecast study of the robotic rehabilitation and assistive technologies market. The report on the robotic rehabilitation and assistive technologies market has further gone through cross-verification by in-house professionals to make the robotic rehabilitation and assistive technologies market report unique with the highest credibility and reliability.

Robotic Rehabilitation and Assistive Technologies Market: Segmentation

The robotic rehabilitation and assistive technologies market has been bifurcated on the basis of type, portability, application, and region. Each of these segments are analyzed to provide readers a holistic view of the industry.

Type

Assistive Robots

Rehabilitation Robots

Portability

Standalone

Mobile

Application

Post-surgery

Cognitive and Motor Skill Therapy

Others (Prosthetics, Exoskeletons, and FNS)

Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa