According to a new market research report launched by Inkwood Research, the Global Neurorehabilitation Device Marketis projected to value around $5.32 billion in terms of revenue by 2028, with a CAGR of 15.16% between 2019 and 2028.
Browse 44 market data Tables and 50 figures spread over 180Pages, along with in-depth analysis on Global Neurorehabilitation Device Market by Product, Application, End-User & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Neurorehabilitation Device Market Scenario
There is a rise in the prevalence of various neurological diseases, which include tetanus, meningitis, encephalitis, Alzheimer’s, Parkinson’s, epilepsy, and others. It is estimated that worldwide around 44 million people have Alzheimer’s or a related form of dementia. In the US, the number is projected at approximately 5.5 million people, including all ages. Thus, the growing incidences of neurological conditions are creating a demand for neurorehabilitation devices that are used in the treatment of such diseases.
The global neurorehabilitation device market is evolving with a growth trend, majorly attributed to factors, such as rise in the elderly population, improvement in neurorehabilitation devices, such as wearables and robotics, increased prevalence of neurological disorders, and technological developments. However, high costs of treatment and lack of professionals are restraining the market growth significantly.
The Global Neurorehabilitation Device Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Application
- Cerebral Palsy
- Stroke
- Multiple Sclerosis
- Parkinson’s Disease
- Other Applications
Market by Product
- Brain-Computer Interface
- Neuro-Robotic System
- Non-Invasive Stimulator
- Wearable Device
- Other Products
Market by End-User
- Cognitive Care Center
- Research Institute
- Hospitals/Clinic
- Other End-Users
Report Highlights
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
Companies Profiled
- KINOVA
- BIONIK LABORATORIES CORP
- EKSO BIONICS HOLDINGS INC
- ECTRON LIMITED
- KINESTICA
- BIOXTREME
- ABBOTT LABORATORIES
- NEUROSTYLE PTE LTD
- TYROMOTION GMBH
- MEDTRONIC INC.
- HELIUS MEDICAL TECHNOLOGIES
- HOKOMA AG
- BIOMETRICS LTD
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