Robotic Wheelchairs Market key players insight & growth driver analysis 2014 - 2025.
The timely implementation of technology and the increasing population of aged persons are the most important reasons motivating the manufacturing companies and medical research institutes to present robotic wheelchairs for the help of independent movement. For example, the Department of Engineering, University of Toronto, and the Institute for Aerospace Studies (UTIAS) team up with Cyber works Robotics Inc. for robotic mechanization in wheelchairs. Growing aged people and compensation from healthcare insurance suppliers are motivating the robotic wheelchair industry.
Asia Pacific has appeared such as an increasing business for robotic wheelchairs and is likely to record a CAGR of 10.0% during the period of forecast. Technical progression by startups and companies for the suitability of motionless population is an important feature motivating the demand within the region.
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Companies:
The manufacturing companies are progressively concentrating on the activities of research & development to develop progressive and smart features to help persons suffering from motion incapacities. These creativities are likely to cause augmented use of robotic wheelchairs. For example, Whill Inc. offers a model of wheelchair M for the purpose of domestic use, together with its partner in California. The product is furnished with 5D robotics hardware and software that gathers information with the support of the LIDAR sensor and GPS involved in it.
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