Neurorehabilitation Devices - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Neurorehabilitation Devices Market is accounted for $1.28 billion in 2019 and is expected to reach $3.76 billion by 2027 growing at a CAGR of 14.4% during the forecast period. Some of the key factors propelling the market growth are increasing prevalence of neurological disorders, increase in geriatric population, and technological advancements in the healthcare sector. However, lack of awareness is the restraining factor for the growth of the market.

Neurorehabilitation devices make use of technology within the field of physiotherapy. Irrespective of the cause of impairment, most neurological rehabilitation devices aim to facilitate learning or relearning of motor skills. Present-day research indicates that the use of neurorehabilitation device enhances the intensity and quality of neurorehabilitation and ensures optimal rehabilitation of patients with neurological disorders.

By application, the stroke segment is expected to grow at a significant market share during the forecast period as it is one of the major causes of disability among aged people. Based on geography, North America is anticipated to hold considerable market share during the forecast period due to the rising prevalence of stroke and the advanced healthcare facilities available in the economies of the region.

Some of the key players in Neurorehabilitation Devices Market include Medtronic Plc, Kinetic Muscles, Ekso Bionics Holding Inc, Bioxtreme Robotics Rehabilitation, Interactive Motion Technologies, Helius, Ectron, St Jude Medical Inc, Kinestica, Bioness Inc, Neurostyle, Denecor, Agiliad, Alter G Inc, and Hocoma Ag.

Products Covered:
• Wearable Devices
• Brain-computer Interface
• Neuro-robotic Devices
• Brain Stimulators

Applications Covered:
• Schizophrenia
• Brain & Spinal Cord Injury
• Parkinson’s Disease
• Multiple Sclerosis
• Cerebral Palsy
• Stroke

End Users Covered:
• Hospitals/Clinics
• Rehabilitation Centers
• Cognitive Care Centers
• Research Institutes
• Home Care 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances