Advancements in robotic research have paved way for growth within the global robotic rehabilitation and assistive technologies market. The quest of the medical fraternity to help disabled persons in performing sensorimotor functions has given a thrust to market growth. The rising incidence of motor disabilities in humans has been the central idea of growth and development. Furthermore, traumatic accidents and injuries suffered during strenuous activities can render individuals physically impaired for life. The medical fraternity is making stellar efforts to rehabilitate people with chronic injuries. The use of robotic systems to improve the motor movements and accessibility of handicapped persons has given a thrust to the growth of the global robotic rehabilitation and assistive technologies market.
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In this blog, TMR Research uncovers a broad range of dynamics that have aided the growth of the global robotic rehabilitation and assistive technologies market.
Increasing Investments in Healthcare
The healthcare industry of a region is an important benchmark to gauge the overall growth across that region. Efforts of governments in enhancing the quality of life of physically handicapped individuals helps towards national growth. Therefore, governments are investing in the development of robotic rehabilitation and assistive technologies within the healthcare sector. This trend shall help in fetching voluminous revenues within the global market.
Rising Incidence of Road Accidents
Road accidents have been on a rise across underdeveloped countries, and this factor has played a vital role in market growth. Furthermore, availability of improved technologies for increasing the accessibility and mobility of handicapped individuals shall usher an era of growth within the market. The healthcare industry is leaving no stone unturned in developing cutting-technology for increased movement in physically challenged individuals.
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Some of the important vendors operating in the global robotic rehabilitation and assistive technologies market are Bionik Laboratories Corp, Instead Technologies, Inc, and DIH Technologies Corporation.