Neurorehabilitation devices market is anticipated to grow at a CAGR of 13.9% during the forecast period (2023-2030). The market is driven by rising geriatric population, increasing prevalence of neurological disorders, and technological developments in neurorehabilitation devices. Multiple sclerosis, Parkinson’s disease (PD), stroke, and other disorders are among the many diseases that fall under the broad category of neurological disorders. According to the World Health Organization, global estimation in 2019 showed over 8.5 million individuals with parkinson’s disease. Current estimates suggest that, in 2019, parkinson’s disease resulted in 5.8 million disability adjusted life years (DALYs), an increase of 81% since 2000, and caused 329,000 deaths, an increase of over 100% since 2000. All these factors have compelled manufacturers to introduce novel and cutting-edge neurorehabilitation devices globally.
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The global neurorehabilitation devices market is segmented on the product, therapy area, and end user. Based on the product, the market is sub-segmented into neurorobotics, brain-computer interface and non-invasive stimulators. Based on the therapy area, the market is sub-segmented into stroke, parkinson’s disease, multiple sclerosis, cerebral palsy, and others. Further, the other includes spinal cord injury, traumatic brain injury. Further, based on end-user, the market is sub-segmented into rehabilitation centers and hospitals and clinics. Among the end-user, the hospitals and clinics sub-segment is anticipated to hold a considerable share of the market, owing to the easily accessible, offer flexible scheduling options, appealing to individuals with busy lifestyles who are seeking quick and effective treatments.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Neurorehabilitation Devices Market Report Segment
By Product
- Neurorobotics
- Brain-Computer Interface
- Non-Invasive Stimulators
By Therapy Area
- Stroke
- Parkinson’s Disease
- Multiple Sclerosis
- Cerebral Palsy
- Others (Spinal Cord Injury, Traumatic Brain Injury)
By End-User
- Rehabilitation Centers
- Hospitals and Clinics
Global Neurorehabilitation Devices Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global neurorehabilitation devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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