October 21, 2020

Top 10 Companies - Assistive Robotics

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The assistive robotics are specially designed, keeping in mind the social and physical needs of the user. These are widely used across healthcare facilities in surgery assistance or elderly assistance. Besides, these robots are rapidly penetrating other industries and are being utilized by various manufacturing companies owing to the numerous advantages they offer. The assistive robotics market is quickly emerging and is expected to expand its scope in the coming years.

The assistive robotics market is anticipated to grow in the forecast period owing to driving factors such as a rise in the incidence of strokes and spinal cord injuries and rising insurance coverage for medical exoskeletons and robotic surgeries. However, certifications and standards may hamper the growth of the assistive robotics market during the forecast period. Nevertheless, the increase in funding for research on assistive robotics is likely to fuel the market growth with opportunities in the coming years.