Neurorehabilitation Devices Market Research Report Information By Type (Neuro-Robotic Devices, Wearable Devices, Non-Invasive Stimulators, and Brain-Computer Interfaces), By Application (Brain Stroke, Parkinson’s Disease, Multiple Sclerosis, Spinal Cord Injury, Cerebral Palsy, and Schizophrenia), By End-User (Rehabilitation Centers, Hospitals & Clinics, and Home Care) – Market Forecast Till 2030.
Neurorehabilitation devices market Size was valued at USD 0.7 billion in 2021 and is projected to grow from USD 0.75 Billion in 2022 to USD 1.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.90% during the forecast period (2022 – 2030). Increased prevalence and incidence of neurological disorders are key drivers of growth, and demand for neurorehabilitation equipment is the key market drivers enhancing the market growth.
The global neurorehabilitation devices market refers to the collection of medical devices and equipment designed to aid in the rehabilitation of individuals who have suffered from neurological disorders or injuries. These devices may include brain-computer interfaces, neurostimulation devices, rehabilitation robots, wearable devices, and other related tools.
This market is driven by factors such as increasing prevalence of neurological disorders and injuries, technological advancements in the field of neurorehabilitation, and rising demand for home-based rehabilitation devices.
The COVID-19 pandemic has had a mixed impact on the global neurorehabilitation devices market. The pandemic has led to an increased awareness of the importance of neurorehabilitation, as patients who have recovered from COVID-19 may experience neurological symptoms that require rehabilitation. The pandemic has also caused disruptions to the supply chain, leading to delays in the manufacturing and distribution of neurorehabilitation devices.
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Neurorehabilitation Devices Market Segmentation
The global neurorehabilitation devices market has been segmented into type, application, and end-user.
Based on the type, the market has been segmented into Neuro-Robotic Devices, Non-Invasive Stimulators and Brain-Computer Interfaces.
Based on the application, the market has been segmented into Brain Stroke, Parkinson’s disease, Spinal Cord Injury and Cerebral Palsy.
Based on the end-user, the market has been segmented into Rehabilitation Centers, Hospitals and Clinics and Home Care.
Some of the key market players are:
- Abbott Laboratories (US)
- Ekso Bionics Holdings Inc (US)
- Helius Medical Technologies (US)
- Hocoma AG (Switzerland)
- Medtronic, Inc (Ireland)
Neurorehabilitation Devices Market Regional Analysis
The largest region of the global neurorehabilitation devices market is North America. This is due to several factors, including the high prevalence of neurological disorders and injuries in the region, the presence of well-established healthcare infrastructure, and the availability of advanced neurorehabilitation devices.
Browse In-depth Market Research Report (115 Pages) on Neurorehabilitation Devices: https://www.marketresearchfuture.com/reports/neurorehabilitation-devices-market-2210
The United States is the largest market for neurorehabilitation devices in North America, with a high demand for devices such as brain-computer interfaces, rehabilitation robots, and neurostimulation devices. The country has a large population of individuals who have suffered from strokes, traumatic brain injuries, and other neurological disorders, creating a strong market for neurorehabilitation devices.
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