EUROPE NEUROREHABILITATION DEVICE MARKET 2019-2028

Lifesciences | Medical Devices & Consumables

EUROPE NEUROREHABILITATION DEVICE MARKET 2019-2028

\Market by Product, Application, End-user, and Country | Forecast 2019-2028

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Triton’s research on the Europe neurorehabilitation device market depicts that it will grow at a CAGR of 14.31% in terms of revenue during the forecast period 2019-2028.


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The countries evaluated in this market are:

•         The United Kingdom

•         Germany

•         France

•         Spain

•         Italy

•         Russia

•         Rest of Europe countries

Neurorehabilitation devices mainly find application in the healthcare sector; this includes hospitals/clinics, cognitive care centers, and research institutes. The neurorehabilitation device market in Europe is expected to be on a rising trend, owing to the high prevalence of Alzheimer’s disease and stroke and the growing geriatric population. Along with this, the growing government investments in research for neurodegenerative disease and a rise in the number of newly developed centers for neurorehabilitation are also adding to the market growth. In addition, strategies adopted by various industry players for marketing and expansion are expected to boost the European neurorehabilitation device market in the coming years.

According to recent data, the number of 40- to 59-year-olds in Germany is 23.9 million people at present. They account for the largest age group in terms of population in the country. Further, most recent figures confirm that the next-largest age group by population in the country is comprised of people aged 65 years and older, at 17.88 million. The population above 60 years of age is more likely to suffer from neurological disorders like Alzheimer’s diseases, dementia, and Parkinson’s diseases. Thus, the rapidly growing geriatric population is expected to generate demand for neurorehabilitation devices in Germany. Moreover, numerous market players are adopting growth strategies, such as product launches. This is expected to further propel the market in an upward direction. Therefore, factors like a rapidly rising elderly population and strategies adopted by several market players are fueling the growth of Germany’s neurorehabilitation device market.

Tyromotion manufactures and distributes computer- and robot-assisted therapy units for the rehabilitation sector. The company has a wide portfolio comprising upper extremity rehabilitation products. In addition, their therapy software provides feedback and measurement modules for rehabilitation. In addition, it has collaborated with Hankamp Rehab, Ectron, Elite Medical, and BEKA RUS for the distribution of its products. The company was established in 2007, and is based in Austria.

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Table of Content

1.     EUROPE NEUROREHABILITATION DEVICE MARKET - SUMMARY

2.     INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL

2.2.1.    THREAT OF NEW ENTRANTS

2.2.2.    THREAT OF SUBSTITUTE PRODUCTS

2.2.3.    BARGAINING POWER OF BUYERS

2.2.4.    BARGAINING POWER OF SUPPLIERS

2.2.5.    COMPETITIVE RIVALRY

2.3. SUPPLY CHAIN OUTLOOK

2.4. IMPACT OF CORONAVIRUS ON NEUROREHABILITATION DEVICE MARKET

2.5. ETYMOLOGY OF NEUROREHABILITATION DEVICE

2.6. KEY IMPACT ANALYSIS

2.7. MARKET ATTRACTIVENESS INDEX

2.8. KEY INSIGHTS

2.9. MARKET DRIVERS

2.9.1.    RISE IN GERIATRIC POPULATION

2.9.2.    GROWING EMERGENCE OF NEUROREHABILITATION WEARABLES AND ROBOTICS

2.9.3.    RISING PREVALENCE OF NEUROLOGICAL DISEASES

2.10.MARKET RESTRAINTS

2.10.1.  LACK OF SKILLED WORKFORCE TO TREAT AND MANAGE NEUROLOGICAL DISEASES

2.10.2.  HIGH COST OF TREATMENT

2.11.MARKET OPPORTUNITIES

2.11.1.   ADVANCEMENTS IN TECHNOLOGY

2.11.2. RISING INCIDENCE OF NEUROLOGICAL DISORDERS IN DEVELOPING ECONOMIES

2.12.MARKET CHALLENGES

2.12.1.STRINGENT GOVERNMENT REGULATIONS

3.     NEUREHABILITATION DEVICE MARKET OUTLOOK - BY PRODUCT

3.1. NEURO-ROBOTIC SYSTEM

3.2. BRAIN-COMPUTER INTERFACE

3.3. WEARABLE DEVICE

3.4. NON-INVASIVE STIMULATOR

3.5. OTHER PRODUCTS

4.     NEUREHABILITATION DEVICE MARKET OUTLOOK - BY APPLICATION

4.1. STROKE

4.2. CEREBRAL PALSY

4.3. PARKINSON’S DISEASE

4.4. MULTIPLE SCLEROSIS

4.5. OTHER APPLICATIONS

5.     NEUREHABILITATION DEVICE MARKET OUTLOOK - BY END-USER

5.1. HOSPITAL/CLINIC

5.2. RESEARCH INSTITUTE

5.3. COGNITIVE CARE CENTER

5.4. OTHER END-USER

6.     NEUREHABILITATION DEVICE MARKET – EUROPE

6.1. COUNTRY ANALYSIS

6.1.1.    GERMANY

6.1.2.    FRANCE

6.1.3.    THE UNITED KINGDOM

6.1.4.    ITALY

6.1.5.    RUSSIA

6.1.6.    SPAIN

6.1.7.    REST OF EUROPE

7.     COMPANY PROFILES

7.1. BIONIK LABORATORIES CORP

7.2. TYROMOTION GMBH

7.3. BIOXTREME

7.4. ECTRON LIMITED

7.5. KINOVA

7.6. ABBOTT LABORATORIES

7.7. BIOMETRICS LTD

7.8. REHA TECHNOLOGY AG

7.9. MEDTRONIC INC

7.10.   HELIUS MEDICAL TECHNOLOGIES

7.11.HOKOMA AG

7.12. KINESTICA

7.13.SAEBO

7.14.NEUROSTYLE PTE LTD

7.15.EKSO BIONICS HOLDINGS INC

8.     RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.    OBJECTIVES OF STUDY

8.1.2.    SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.    PRIMARY DATA SOURCES

8.2.2.    SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.    EVALUATION OF PROPOSED MARKET

8.3.2.    IDENTIFICATION OF DATA SOURCES

8.3.3.    ASSESSMENT OF MARKET DETERMINANTS

8.3.4.    DATA COLLECTION

8.3.5.    DATA VALIDATION & ANALYSIS

List of table

TABLE 1       EUROPE NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2       EUROPE NEUROREHABILITATION DEVICE MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 3       EUROPE NEUROREHABILITATION DEVICE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 4       EUROPE NEUROREHABILITATION DEVICE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 5       EUROPE NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1     EUROPE NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 2     SUPPLY CHAIN OUTLOOK FOR NEUROREHABILITATION DEVICE MARKET

FIGURE 3     ETYMOLOGY OF NEUROREHABILITATION DEVICE MARKET

FIGURE 4     EUROPE NEUROREHABILITATION DEVICE MARKET, BY NEURO-ROBOTIC SYSTEM, 2019-2028 (IN $ MILLION)

FIGURE 5     EUROPE NEUROREHABILITATION DEVICE MARKET, BY BRAIN-COMPUTER INTERFACE, 2019-2028 (IN $ MILLION)

FIGURE 6     EUROPE NEUROREHABILITATION DEVICE MARKET, BY WEARABLE DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 7     EUROPE NEUROREHABILITATION DEVICE MARKET, BY NON-INVASIVE STIMULATOR, 2019-2028 (IN $ MILLION)

FIGURE 8     EUROPE NEUROREHABILITATION DEVICE MARKET, BY OTHER PRODUCTS, 2019-2028 (IN $ MILLION)

FIGURE 9     EUROPE NEUROREHABILITATION DEVICE MARKET, BY STROKE, 2019-2028 (IN $ MILLION)

FIGURE 10   EUROPE NEUROREHABILITATION DEVICE MARKET, BY CEREBRAL PALSY, 2019-2028 (IN $ MILLION)

FIGURE 11   EUROPE NEUROREHABILITATION DEVICE MARKET, BY PARKINSON’S DISEASE, 2019-2028 (IN $ MILLION)

FIGURE 12   EUROPE NEUROREHABILITATION DEVICE MARKET, BY MULTIPLE SCLEROSIS, 2019-2028 (IN $ MILLION)

FIGURE 13   EUROPE NEUROREHABILITATION DEVICE MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)

FIGURE 14   EUROPE NEUROREHABILITATION DEVICE MARKET, BY HOSPITAL/CLINIC, 2019-2028 (IN $ MILLION)

FIGURE 15   EUROPE NEUROREHABILITATION DEVICE MARKET, BY RESEARCH INSTITUTE, 2019-2028 (IN $ MILLION)

FIGURE 16   EUROPE NEUROREHABILITATION DEVICE MARKET, BY COGNITIVE CARE CENTER, 2019-2028 (IN $ MILLION)

FIGURE 17   EUROPE NEUROREHABILITATION DEVICE MARKET, BY OTHER END-USER, 2019-2028 (IN $ MILLION)

FIGURE 18   GERMANY NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 19   FRANCE NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 20   THE UNITED KINGDOM NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 21   ITALY NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 22   RUSSIA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 23   SPAIN NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 24   REST OF EUROPE NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

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