After a decade long research work, Toyota Motor Corp on Wednesday said it will commercialize its rehabilitation robots (a robotic walk assist system) and make it available for rent. This it said, will be made available by the end of 2017.
When available, “The (system) will help to provide assistance to the elderly by enabling them to live more independent lives and to also provide support for their care-givers,”.
Toyota is said to have designed the rehabilitation robot specifically for the aged patients with lower limb paralysis, as the aged (that is, 65+) accounts for 25.7% of Japan’s population, more than the global statistics of 8.5%. Globally, sales of robots for elderly and handicap assistance will total about 37,500 units in 2016-2019, and are expected to increase substantially within the next 20 years, according to the International Federation of Robotics
On launch, hospitals and other care providers would be able to rent the rehabilitation robot, for 350,000 yen ($3,196.93) per month plus an initial fee of 1 million yen.
Toyota is a Japanese automotive manufacturer founded by Kiichiro Toyoda in 1937 and headquartered in Toyota, Aichi, Japan. As of October 2016, it was the world’s 9th largest company by revenue.
Toyota has 540 consolidated subsidiaries and 226 affiliates. Toyota Motor Corp is part of the Toyota Group, and is one of the largest conglomerates in the world. Toyota has been developing multitask robots destined for elderly care, manufacturing, and entertainment. It also played a part in the development of Kirobo, a ‘robotic astronaut;