Reports
Global Neurorehabilitation Devices Market Size, Share: By Product: Neurorobotics, Brain-computer interface, Non-invasive Stimulators, Wearable devices, Others; By Therapy Area: Stroke, Multiple Sclerosis, Parkinson's Disease, Cerebral Palsy, Others; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2023-2028
Global Neurorehabilitation Devices Market Outlook
The global Neurorehabilitation Devices market is expected to grow at a CAGR of 12.1% during the period 2023-2028. Neurorehabilitation of the central nervous system (CNS) is an important component of rehabilitation medicine.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Multiple alternatives for intervention in neurological rehabilitation include occupational therapy, electric physiotherapy, physical therapy, speech and language therapy, and other methods; new treatment methods produced enabled by modern scientific and technological progress also play an important role and are expected to boost market growth. For example, advanced brain-computer interface research has attained interactive computer game operations with fine brainwave control. Further, the ageing global population is expected to drive market growth. North America, Asia and Europe are likely to be key markets.
Global Market Likely to be Driven by the Need to Effectively Manage Neurological Problems
Neurological diseases leading to motor/cognitive impairments are major causes of adult-onset disability. While the number of people affected is over a billion, the number is likely to rise due to the quickly ageing global population. It is estimated that neurological disorders and injuries explain over six percent of the global burden of disease. With over six percent of DALY (disability-adjusted life years) across the globe, neurological disorders indicate a key widespread clinical condition. Among neurological disorders, a significant burden in DALYs is explained by cerebral-vascular disease (over fifty percent), such as stroke. Stroke and spinal cord injury (SCI), account for over fifty percent of the adult-onset disability and, more than a billion people experience some form of disability. The common lack of full recovery necessitates the development of novel neurorehabilitative treatments suited to patients and better targeting the particular disability. Such need of neurorehabilitative treatments is likely to drive the global neurorehabilitation devices market. Rehabilitation therapy may be technologically assisted by non-invasive brain stimulation, robotic-based therapy, and neural interfaces.
Increasing Number of Companies Active in the Domain Likely to Boost Market Growth
With time, business models develop and evolve, influencing factors include market changes and technical advancements. The neurorehabilitation devices segment is one that has been gaining much interest. Popular neurorehabilitation devices companies include:
MindMaze – Provides VR-based solution for neuro-rehabilitation; offerings include a mobile neurorehabilitation system for hospitals meant for primary motor rehabilitation and gamified neurorehabilitation system for hospital as well as home.
Nexstim – Provides non-invasive brain stimulation for rehabilitating stroke patients. The company is engaged in developing Navigated Brain Stimulation (NBS) – non-invasive, image-guided transcranial magnetic stimulation (TMS) for brain diagnostics and therapy.
MicroTransponder – A medical device development company focusing on neuroscience research; offers neurostimulation for chronic pain management, tinnitus treatment and post-stroke rehabilitation.
ONWARD – Developer of a therapeutic device for spinal cord injuries.
Atlantic Therapeutics – Develops a non-invasive wearable device for pelvic floor strengthening and nerve stimulation products.
NeuroLutions – Develops a robotic glove controlled by the brain.
Nalu Medical – Developer of a neurostimulation system. The Nalu system is used for Spinal Cord Stimulation and Peripheral Nerve Stimulation for chronic pain treatment. Increasing activity of companies engaged in the domain is likely to drive the global neurorehabilitation devices market.
Existing Systems and Therapeutic Approaches for Neurorehabilitation Expected to Stimulate Market Growth
Significant progress has been made in interdisciplinary domains such as neural engineering to examine multiple neural mechanisms by identifying and processing neural signals at high spatio-temporal resolution, and by interfacing the nervous system with exterior devices, thereby restoring neurological functions lost due to disease/injury. There have also been continual technological advancements. The last few decades have witnessed a significant spread of technological approaches for human rehabilitation, such as wearable systems, brain stimulation, robots, and virtual settings. Indeed, the use of robots, virtual reality, innovative assistive devices, telerehabilitation and artificial intelligence have proven effective in enhancing patients' motor and cognitive outcomes and quality of life. For example, Ekso Bionics Holdings offers robotic exoskeleton for neurorehabilitation. Exoskeletons comprise a system of electro-mechanical devices that fit onto the extremities of the human body. Applications of such a device in the medical industry are mostly therapeutic. Indications include paralysis, neuromuscular disorders, paraplegia, stroke, spinal cord injury, and multiple sclerosis (MS).
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Segmentation
By product, the market is classified into:
- Neurorobotics
- Brain-computer interface
- Non-invasive Stimulators
- Wearable devices
- Others
By therapy area, the market is segmented into:
- Stroke
- Multiple Sclerosis
- Parkinson's Disease
- Cerebral Palsy
- Others
By region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Industry Players in the Market
The report presents a detailed analysis of the following key players in the global Neurorehabilitation Devices market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Biometrics Ltd
- Kinestica d.o.o.
- Ectron Ltd
- BIONIK Laboratories Corp.
- Ekso Bionics
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Therapy Area |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Neurorehabilitation Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Neurorehabilitation Devices Historical Market (2018-2022)
8.3 Global Neurorehabilitation Devices Market Forecast (2023-2028)
8.4 Global Neurorehabilitation Devices Market by Product
8.4.1 Neurorobotics
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Brain-computer interface
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Non-invasive Stimulators
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Wearable devices
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Neurorehabilitation Devices Market by Therapy Area
8.5.1 Stroke
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Multiple Sclerosis
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Parkinson's Disease
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Cerebral Palsy
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Neurorehabilitation Devices Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Neurorehabilitation Devices Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Neurorehabilitation Devices Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Neurorehabilitation Devices Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Neurorehabilitation Devices Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Neurorehabilitation Devices Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Biometrics Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Kinestica d.o.o.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ectron Ltd
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 BIONIK Laboratories Corp.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Ekso Bionics
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Neurorehabilitation Devices Market: Key Industry Highlights, 2018 and 2028
2. Global Neurorehabilitation Devices Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Neurorehabilitation Devices Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Neurorehabilitation Devices Historical Market: Breakup by Therapy Area (USD Million), 2018-2022
5. Global Neurorehabilitation Devices Market Forecast: Breakup by Therapy Area (USD Million), 2023-2028
6. Global Neurorehabilitation Devices Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Neurorehabilitation Devices Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Neurorehabilitation Devices Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Neurorehabilitation Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Neurorehabilitation Devices Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Neurorehabilitation Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Neurorehabilitation Devices Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Neurorehabilitation Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Neurorehabilitation Devices Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Neurorehabilitation Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Neurorehabilitation Devices Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Neurorehabilitation Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Neurorehabilitation Devices Market Structure
Key Questions Answered in the Report
The global neurorehabilitation devices market is estimated to grow at a CAGR of 12.1% between 2023 and 2028.
What are the major regional markets of the neurorehabilitation devices, according to the EMR report?
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Neurorehabilitation is a process which is aimed at promoting the health of the nervous system of a patient to help recovery of functions of brain and spinal cord, among others.
Neurorehabilitation improves the health of the brain and spinal cord and improves the overall health of the central nervous system which helps the patient recover from stroke.
The major drivers of the market include the increasing prevalence of neurological disorders, increasing geriatric population, rising awareness about the fatalities, and rapid development of convenient and minimally invasive devices.
The advancements in therapeutical techniques, increasing development of high-end neurorehabilitation devices, and technological advancements in the healthcare infrastructure are the key trends propelling the growth of the market.
Neurorobotics, brain-computer interface, non-invasive stimulators, and wearable devices, among others are the different products in the market.
Based on therapy area, the neurorehabilitation devices market is divided into stroke, multiple sclerosis, Parkinson's disease, and cerebral palsy, among others.
The major players in the industry are Biometrics Ltd, Kinestica d.o.o., Ectron Ltd, BIONIK Laboratories Corp., and Ekso Bionics, among others.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$3499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$5999-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$7999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$9999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER