Boston, MA -- (SBWIRE) -- 05/25/2016 -- Traditionally, conventional type of handicap assistance robots played a vital role in the rehabilitation of people with disability. With the evolution of robotics technology in the service domain, there have been multiple changes in the healthcare and hospitality sector, owing to increased need for convenience. Implementation of robotic technologies in the healthcare industry has enhanced the lifestyle of people in their daily activities.

Vendors of the handicap assistance robots offer their products both through purchase and lease. The leasing option is gaining prominence across end-users, mainly due to the cost factor and the possibility of replacing the product in the wake of new product introduction in the market.

Technavio's analysts forecast the Global Handicap Assistance Robots Market to grow at a CAGR of 32.12% by the number of units shipped, during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Handicap Assistance Robots Market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of various types of handicap assistance robots to clinics, individuals, hospitals, and rehabilitation centers.

Get More Details on this Report and a Full Table of Contents at Global Handicap Assistance Robots Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Handicap Assistance Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Cyberdyne
-Focal Meditech
-Kinova Robotics
-ReWalk
-Touch Bionics

Other prominent vendors

-Aethon
-Gecko Systems
-Honda
-Instead Technologies
-InTouch Health
-Intuitive Surgical
-Kinestica
-Kinetic Muscles
-MediTouch
-Medrobotics
-Panasonic
-Rehab-Robotics
-Reha-Stim
-Smart Rehab
-SynTouch
-TopChair
-YouRehab

Market driver

-Rising number of people with disabilities
-For a full, detailed list, view our report

Market challenge

-Limited battery life
-For a full, detailed list, view our report

Market trend

-Expansion of robotics technology
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Cyberdyne, Focus Meditech, Kinova Robotics, ReWalk,Touch Bionics, Aethon, Gecko Systems, Honda, Instead Technologies, InTouch Health, Intuitive Surgical, Kinestica, Kinetic Muscles, MediTouch, Medrobotics, Panasonic, Rehab-Robotics, Reha-Stim, Smart Rehab, SynTouch, TopChair, YouRehab

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