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Neurorehabilitation Devices Market

Global Neurorehabilitation Devices Market Size, Share, Trends, Forecast: By Product: Neurorobotic Devices, Brain-computer interface, Non-invasive Stimulators, Wearable Devices, Others; By Applications: Stroke, Multiple Sclerosis, Parkinson’s Disease, Others; By End User; Regional Analysis; Patent Analysis; Supplier Landscape; 2024-2032

Global Neurorehabilitation Devices Market Outlook

The global Neurorehabilitation Devices market is expected to grow at a CAGR of 12.1% during the period 2024-2032. Neurorehabilitation of the central nervous system (CNS) is an important component of rehabilitation medicine.

 

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.

 

neurorehabilitation-devices-market

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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).

 

neurorehabilitation-devices-market-by-segmentation

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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

 

neurorehabilitation-devices-market-by-region

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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 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Applications
  • End User
  • Region
Breakup by Product
  • Neurorobotic Devices
  • Brain-computer interface
  • Non-invasive Stimulators
  • Wearable Devices
  • Others
Breakup by Applications
  • Stroke
  • Multiple Sclerosis
  • Parkinson’s Disease
  • Cerebral Palsy
  • Brain and Spinal Cord Injury
  • Others
Breakup by End User
  • Rehabilitation Centers
  • Hospitals and Clinics
  • Home Care
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Biometrics Ltd
  • Kinestica d.o.o.
  • Ectron Ltd
  • BIONIK Laboratories Corp.
  • Ekso Bionics
  • Bioness Inc.
  • Tyromotion GmbH
  • Medtronic Plc
  • DIH International Limited (Hocoma AG)
  • Saebo Inc.

 

Neurorehabilitation Devices Market Report Snapshots

Neurorehabilitation Devices Market Size

Neurorehabilitation Devices Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions 
    1.3    Report Coverage – Key Segmentation and Scope  
    1.4    Research Methodology
2    Executive Summary
3    Global Neurorehabilitation Devices Market Overview 
    3.1    Global Neurorehabilitation Devices Market Historical Value (2017-2023) 
    3.2    Global Neurorehabilitation Devices Market Forecast Value (2024-2032)
4    Global Neurorehabilitation Devices Market Landscape
    4.1    Global Neurorehabilitation Devices Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Neurorehabilitation Devices Product Landscape
        4.2.1    Analysis by Product Type
        4.2.2    Analysis by Applications
        4.2.3    Analysis by End User
5    Global Neurorehabilitation Devices Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Neurorehabilitation Devices Market Segmentation 
    6.1    Global Neurorehabilitation Devices Market by Product                                             
        6.1.1    Market Overview
        6.1.2    Neurorobotic Devices
        6.1.3    Brain-computer interface
        6.1.4    Non-invasive Stimulators
        6.1.5    Wearable Devices
        6.1.6    Others
    6.2    Global Neurorehabilitation Devices Market by Applications
        6.2.1    Market Overview
        6.2.2    Stroke
        6.2.3    Multiple Sclerosis
        6.2.4    Parkinson’s Disease
        6.2.5    Cerebral Palsy
        6.2.6    Brain and Spinal Cord Injury
        6.2.7    Others
    6.3    Global Neurorehabilitation Devices Market by End User
        6.3.1    Market Overview
        6.3.2    Rehabilitation Centers
        6.3.3    Hospitals and Clinics
        6.3.4    Home Care
        6.3.5    Others
    6.4    Global Neurorehabilitation Devices Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Neurorehabilitation Devices Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Neurorehabilitation Devices Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Neurorehabilitation Devices Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Neurorehabilitation Devices Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Neurorehabilitation Devices Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization 
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
        16.1.1    US FDA
        16.1.2    EU EMA
        16.1.3    INDIA CDSCO
        16.1.4    JAPAN PMDA
        16.1.5    Others
17    Supplier Landscape
    17.1    Biometrics Ltd.
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisitions
        17.1.5    Certifications
    17.2    Kinestica
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisitions
        17.2.5    Certifications
    17.3    Ectron Ltd.
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisitions
        17.3.5    Certifications
    17.4    BIONIK Laboratories Corp.
        17.4.1    Financial Analysis
        17.4.2    Product Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisitions
        17.4.5    Certifications
    17.5    Ekso Bionics
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisitions
        17.5.5    Certifications 
    17.6    Bioness Inc.
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisitions
        17.6.5    Certifications 
    17.7    Tyromotion GmbH
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisitions
        17.7.5    Certifications 
    17.8    Medtronic Plc
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisitions
        17.8.5    Certifications 
    17.9    DIH International Limited (Hocoma AG)
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisitions
        17.9.5    Certifications 
    17.10    Saebo Inc.
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisitions
        17.10.5    Certifications
18    Global Neurorehabilitation Devices Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket


*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The global neurorehabilitation devices market is estimated to grow at a CAGR of 12.1% between 2024 and 2032.

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.

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