Robotics, virtual reality, wearables, sensors, and wireless technologies enable advanced rehabilitation devices and will transform the market, finds Frost & Sullivan
In today’s increasingly-independent and active lifestyle, patients with physical impairment due to age or a stroke feel the need for improved devices capable of helping them to lead a quality life.
The healthcare industry provides rehabilitation devices with advanced technologies that help patients recover their lost sensory functions and carry out their day-to-day activities freely.
Analysis from Frost & Sullivan, entitled Advances in Rehabilitation Devices, finds that innovations in robotics, virtual reality, wearables, sensors, and wireless technologies are supporting product and technology advances in the rehabilitation device sector.
Technological leaps have improved patient motivation and compliance, as well as data collection and progress monitoring, which is transforming the rehabilitation device market.
“Currently rehabilitation devices are designed to overcome an individual’s specific disability, while the trend is moving towards multi-functional devices and potentially-customised designs,” said technical insights research analyst, Debarati Sengupta.
“For instance, in the case of stroke patients with both cognitive and speech impairment, a single device to rehabilitate both functions simultaneously will be beneficial.”
“Penetration and adoption of technologies in emerging economies are challenged by factors like slow regulatory approval, high cost of next-generation devices, and reimbursement hassles.
“Robust clinical evidence from developers and reimbursement coverage for patients will enable advanced rehabilitation devices to increase the adoption by the physician and patient community, spurring growth in these markets.”
Advances in Rehabilitation Devices, a part of the Technical Insights subscription, displays the technological advancements in rehabilitation devices with a focus on emerging application areas, market drivers and challenges, recent patent activity, and key company profiles.
Click here for the full research.