Rehabtronics Inc.: Technology Analysis Essay

Rehabtronics Inc.: Technology Analysis Essay

Length: 1898 words (5.4 double-spaced pages)

Rating: Term Papers

Open Document

Essay Preview

Company Overview
Located in Edmonton, Rehabtronics Inc. (Rehabtronics) is a University of Alberta (U of A) spin off company founded by Dr. Arthur Prochazka in 2005. Currently with 12 employees, their main focus is on developing technologies for increasing patient movability in the upper extremity [1]. Typical causes of impairment in the upper extremity are neurological injuries and diseases ranging from spinal cord injuries and strokes to blunt-force, localized traumas. Rehabilitating patients with impaired upper extremities requires repeated movements in an attempt to “retrain the brain.” Rehabilitation typically involves stacking wooden blocks or moving weighted balls in their hands focused on repetitive functional tasks, but often becomes monotonous resulting in lower adherence to a rehabilitation program, and requires a patient and a therapist to be colocalized [2].
Beyond the initial cost, neurological diseases often have high costs in rehabilitation. There are an estimated 50,000 strokes a year in Canada with about 315,000 people currently living with the debilitating effects of stroke [3]. The costs of the first 90 days of care post-stroke is $15,000 [4]. Traumatic spinal cord injuries are said to affect 250,000 North Americans annually [5]. Non-severe spinal cord injuries that only limit mobility are estimated to cost $340,000 in the first year and $40,000 each subsequent year estimating a lifetime cost of $1.5 billion for an injury at 25 years of age in direct costs [6] ,. In addition to the direct costs listed above there ariendirect costs that cannot be represented by hospital bills such as loss of wages, loss of benefits, and opportunity costs. We focused on stroke and spinal cord injuries as these are common ...


... middle of paper ...


...w.rso.ualberta.ca/en/Applying/ResearchAgreements/CopyrightIP.aspx]
13. University of Alberta:Intellectual Property Policies [http://www.rso.ualberta.ca/en/Negotiating/IPOwnershipLicensing/Policies.aspx]
14. Glenrose-NAIT touch-screen invention makes rehab fun [http://www.albertahealthservices.ca/9366.asp]
15. Andrea S: Physiotherapy made fun with innovative video game table [http://www.edmontonjournal.com/Physiotherapy+made+with+innovative+video+game+table+with+video/9169092/story.html]
16. TEC Edmonton: Technology for Recovery: TEC Centre client Rehabtronics now a global player in rehabilitation technology [http://www.tecedmonton.com/Blog/tabid/435/entryid/433/Technology-for-Recovery-TEC-Centre-client-Rehabtronics-now-a-global-player-in-rehabilitation-technology.aspx]
17. Kowalczewski J: Upper Extremity Neurorehabilitation. University of Alberta (Canada); 2009:154.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Strategic Management of Apple, Inc Essay

- Introduction and Background Apple, Inc is a well known name in the computer technology world; Apple, Inc leads the computer industry in innovation thanks to the award winning desktop and notebook computer known as OS X operating system (Yoffie & Slind, 2008). This paper will focus on Apple Inc., strategic management and why is it critical to the success of the organization in meeting its goals and mission. It is therefore important to define strategic management, according to Certo, Peter & Ottensmeyer, (2005), strategic management is a continuous process that directs an organization to be appropriately suited to its internal and external environment....   [tags: Apple, Inc Analysis]

Free Essays
1524 words (4.4 pages)

Financial Analisis of Google Inc and Yahoo Inc Essay

- Financial Analysis (Wk 5) In respect to Google Inc. (GOOG) and Yahoo. Inc. (YHOO), I will use the financial statements for the most recent fiscal year filed with the SEC and for earlier periods. This information will be obtained by utilizing the value line which is available in the Stafford Library but I will use Yahoo Finance. In addition, they can also be found on the company websites. For assisting myself in future projects that will require my recommendations, I will briefly describe what they mean to me....   [tags: Technology, Internet, Company]

Free Essays
670 words (1.9 pages)

Marketing Analysis : Apple Inc. Essay

- Branding A commonality among Fortune 500 companies is they can be recognized by their corporate brands and product brands. Branding offers companies an edge over the competition and provides advantages to both the company and the customer. Ferrell and Hartline (2014) identified the advantages of branding as:  Product recognition  Comparison shopping  Shopping efficiency  Risk reduction  Product acceptance  Enhanced self-image  Enhance product loyalty (p. 204) Apple Inc. Apple is a well-known and globally recognized brand....   [tags: IPhone, Mobile phone, Brand, Apple Inc.]

Term Papers
732 words (2.1 pages)

Apple, Inc : The Success Of Apple Inc. Essay

- Since its founding in 1980, Apple Inc. has witnessed tremendous success. In 2015, it became the first U.S publicly traded company to close above $700 billion in market value, making it the most valuable company in the world. Although Apple Inc. was experiencing major success in the technology market, it had inevitable problems to face in the future because the company’s innovation had slowed. The reduction in modernization raised concerns from investors who believed that the demand in Apple’s flagship product would diminish, while rumors about a reduction in the suppliers of Asian components deepened the impact of investor’s skepticism....   [tags: Apple Inc., Steve Jobs, Apple Store, IPod]

Term Papers
1132 words (3.2 pages)

Apple Inc. Company Analysis Essay

- Apple Inc. was originally established on April 1st, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, as Apple. In January 1977, the company incorporated as Apple Computer, Inc. and in 2007 renamed as Apple Inc. in March 2015, Apple Inc. (hereafter Apple) joined the Dow Jones Industrial Average. Apple is one of the biggest technology companies around the world, if not the biggest, in revenue, assets and manufacturer. According to Apple 's reports (Form 10-K), the company 's products include iPhone, iPad, Mac, operating system software, application software, different services, and other products....   [tags: Steve Jobs, Apple Inc., Steve Wozniak, IPhone]

Term Papers
702 words (2 pages)

Oramed Pharmaceutical Inc. Technology and Politics Essay

- Oramed Pharmaceutical Inc. Technology Oramed is a contemporary pharmaceutical company that is mainly focused into developing new cutting-edge medicinal diabetic drugs that have not been in existence before. Similar to other pharmaceutical companies, technology is a key factor in the success such companies. In an exclusive interview on www.wallst.net with Nadav Kidron, Oramed’s CEO, he was quoted describing Oramed Pharmaceuticals Inc. as “an Israeli company focused on the development of oral delivery solutions based on proprietary technology” (PR Newswire Association LLC, 2007)....   [tags: Business Analysis ]

Term Papers
1271 words (3.6 pages)

ABC, Inc Business Analysis Essay

- This analysis of ABC, Inc. has been entrusted to our Six Sigma Counseling firm. At A&A Solutions, we specify on training and hiring conflicts within a company’s structure. ABC, Inc. has hired our company to find investigate problems occurring; how they occurred, and to obtain solutions to the problems found. The Operations Manager of ABC, Inc. would also be informed if any of the employees are involved in the cause of the problems. Background Information of the Problem The Operations Supervisor Monica Carrolls, has entrusted Carl Robins to recruit and train 15 new hires....   [tags: Business Analysis]

Term Papers
915 words (2.6 pages)

Apple Inc: Financial Analysis Essay

- Apple Inc: Financial Analysis Problem 1: Liquidity Analysis: Liquidty Ratios are used to judge short term solvency of the company as if it have sufficient working capital to pay off its short term obligation. Generally two measures of Liquidity Ratios are used by analyst to adjudge the liquidity position of the company: • Current Ratio • Quick Ratio/Acid Test Ratio 1) Current Ratio: Calculated as ratio of Current Asset and Current liability, this liquidity ratio is considered to be true indicator of a firm’s liquidity....   [tags: Financial Analysis]

Free Essays
897 words (2.6 pages)

Case Study Analyses: The Gap, Inc. Essays

- The central purpose of writing this Case Study Analyses on The Gap, Inc. is to identify and isolate key issues and their underlying implications and offer practical solutions and plans for implementing those solutions. This will be done by highlighting the social influences that influence the Gap, Inc. marketing strategy, segmentation strategies with respect to distinct retail markets, and positioning strategies that can be used or changed in a retail setting, as requested in the course assignment (as cited in the course module)....   [tags: Business Analysis Strategy Management]

Term Papers
1660 words (4.7 pages)

Dell Inc. Essay

- Dell Inc. is one of the successful companies in the computers and technology field. The success of this company comes from understanding and meeting customer needs. However, Dell is faced with the inherent differences in customer segments - segmentation represents a balance between the marketing ideal and the production ideal, this can defined as: Segments must have certain characteristics; however, Dell costumer segments characteristics can be faced as follows as following: We can note that there are two levels of segmentation....   [tags: computer technology, business analysis]

Term Papers
1607 words (4.6 pages)