This paper proposes a two translational and two rotational (2T2R) four-degrees-of-freedom (DOF) parallel kinematic mechanism (PKM) designed as a knee rehabilitation and diagnosis mechatronics system. First, we establish why rehabilitation devices with 2T2R motion are required, and then, we review previously proposed parallel mechanisms with this type of motion. After that, we develop a novel proposal based on the analysis of each kinematic chain and the Grübler–Kutzbach criterion. Consequently, the proposal consists of a central limb with revolute-prismatic-universal (RPU) joints and three external limbs with universal-prismatic-spherical (UPS) joints. The Screw theory analysis verifies the required mobility of the mechanism. Also, closed-loop equations enable us to put forward the closed-form solution for the inverse-displacement model, and a numerical solution for the forward-displacement model. A comparison of the numerical results from five test trajectories and the solution obtained using a virtual prototype built in msc-adams shows that the kinematic model represents the mechanism's motion. The analysis of the forward-displacement problem highlights the fact that the limbs of the mechanism should be arranged asymmetrically. Moreover, the Screw theory makes it possible to obtain the Jacobian matrix which provides insights into the analysis of the mechanism's workspace. The results show that the proposed PKM can cope with the required diagnosis and rehabilitation task. The results provide the guidelines to build a first prototype of the mechanism which enables us to perform initial tests on the robot.