NEW YORK, April 14, 2015 /PRNewswire/ -- Scope of Research
- This research service (RS) will showcase emerging technologies and throw light on certain key technical and business factors, such as technology capability, maturity of technology, global research intensity and adoption, funding and patent activities.
- Based on our survey and observation of the rehabilitation device industry, we classified the rehabilitation devices into the different application areas and advancements in the technologies. Accordingly, these technology clusters represent the technology roadmap.
- The market scope of this report is global – we approached this industry from a technology point of view and consequently, we provided information about different technologies and their reach in different regions.
- The report studies the role of rehabilitation devices in physical and occupational, vision, speech and language, cognitive and audiological rehabilitation; and maps the key technological advancements in these application areas.
- Based on the observed industry best practices, key market forces and user needs, we provide strategic recommendations on the key advancements and the upcoming trends in the rehabilitation device market.
Key Focus Areas
•Technology trends: This research service highlights technological advances that are enabling rehabilitation devices. Innovations in core technologies, incremental product enhancements, and convergence of different technologies are assessed.
•Market forces: The report analyzes the market accelerators and challenges and their impact on technology and business prospects. The report maps the influence and impact of these market forces over the current and long-term outlook for the rehabilitation device industry.
•Market landscape: The report assesses the landscape of the rehabilitation device industry and gives a snapshot of key participants in this space, along with some company profiles.
Rehabilitation devices are showing tremendous potential for wearable and robotics technologies. With the rapid growth of information technology, virtual rehabilitation is also being implemented widely. Currently, several technologies are being integrated to obtain technologically advanced, and highly efficacious, new-generation rehabilitation devices.
The key drivers are drastic changes in demographic factors, such as the increase in the ageing population and rise in lifestyle-related chronic diseases like diabetes and heart disease. Additionally, the greater need for an active and independent lifestyle, increased awareness of patients about different trends and technologies, and the rise in healthcare spending are also contributing to the growth of the industry.
The key challenges to growth and market adoption are slower regulatory approval, lack of support infrastructure and skills, higher cost of new-generation devices and reimbursement hassles for rehabilitation devices. Other specific device-based challenges are implant failure or inability to show full biocompatibility.
The market is currently dominated by physical rehabilitation device companies, offering a range of devices for each kind of impairment, integrated with different technologies. Smaller niche companies that are focused on specific applications are also actively participating in the market with their high-end technology devices.
The rehabilitation market is expected to see the integration of different technologies into a single device. The convergence of different application areas for stroke or paralytic patients, who have more than one impairment, is also expected to gain predominance. Customization or personalization of the devices for each individual according to their level of requirement is slowly catching up in the industry.
Introduction to Rehabilitation Devices : Current Trends and Advancements
•Rehabilitation devices assist patients with disabilities, and help in the recovery of lost physical and cognitive functions because of disease or injury.
•Rehabilitation devices are designed and built in a way to meet a wide range of needs for day-to-day activities, such as mobility, communication, hearing, vision, and cognition for maintaining a good quality of life.
•Physical rehabilitation devices dominate the major market share, with the focus shifting from crutches and mobility aids to specific motor function devices, such as hand or arm rehabilitation devices.
•The market is dominated by the conventional physical, audiological and vision rehabilitation devices, but smaller, single product, niche companies with advanced technologies providing better rehabilitation solutions are coming up in this field.
•Technologies, such as robotics, virtual simulation, or wearables have been incorporated into these rehabilitation devices with the aim of developing better devices for improved efficacy, safety and patient adherence, and subsequently, better quality of life.
•The new-generation devices include incorporating virtual simulation, robotics and wearbles into physical rehabilitation or cognitive rehabilitation devices.
•Advanced technologies, such as augmentative communication in communication and hearing devices or telescope technology in vision rehabilitation have drastically improved patients' quality of life.
•Incorporating bionics or haptics with robotics or virtual simulation is one of the advances in this domain.
•Integration of application areas, such as physical and cogntive for training and recovery of neuro-motor functions is one of the major advances in the rehabilatation device market.
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