GLOBAL NEUROREHABILITATION DEVICE MARKET 2019-2028

Lifesciences | Medical Devices & Consumables

GLOBAL NEUROREHABILITATION DEVICE MARKET 2019-2028

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

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The detailed analysis of the global neurorehabilitation device market shows that in terms of revenue, the industry is estimated to grow at a CAGR of 14.52% during the forecasting years 2019-2028. It was valued at $1476.1 million in 2019, and is expected to account for $5000.3 million by 2028.


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Neurorehabilitation devices use a surgically implanted device for delivering mild electrical pulses to the targeted areas of the brain. The growing prevalence of Parkinson’s diseases, coupled with the technological advancements in devices for the treatment of Parkinson’s diseases, is expected to drive the growth of the global neurorehabilitation device market.

The neurorehabilitation device market is largely driven by the rising geriatric population across the globe, technological advancements in neurorehabilitation devices, and the growing incidence of neurological disorders such as stroke and Parkinson’s. Elderly people are more prone to witness a high rate of strokes. The number of people aged 60 years and above has substantially increased in recent years in most of the regions, and it is expected to keep increasing in the coming years.



The purpose of the study is to get an outline of the neurorehabilitation device market in terms of numerous factors. Within this report, the market definition and the key insights regarding the neurorehabilitation device industry have been discussed. Also, the supply chain outlook, the impact of coronavirus on the neurorehabilitation device market, the etymology of neurorehabilitation devices, key impact analysis, and the market attractiveness index have been studied in detail.

Market drivers like the rise in the geriatric population, the growing emergence of neurorehabilitation wearables & robotics, and the rising prevalence of neurological diseases are driving the studied market growth. However, the industry is facing restraints like the lack of a skilled workforce to help manage & treat this condition and the high cost of treatment, which are obstructing the industry growth.

Key opportunities like advancements in technology and the rising incidence of neurological disorders in developing economies can be leveraged by the industry to reach the projected growth. However, a challenge like stringent government regulations is being faced by this market.

Geographies covered in the neurorehabilitation device market by region are:

•         North America: United States and Canada

•         Europe: Germany, Italy, Spain, United Kingdom, Russia, France, and Rest of Europe

•       Asia-Pacific: South Korea, Japan, India, ASEAN countries, Australia and New Zealand, China, and Rest of Asia-Pacific

•         Latin America: Mexico, Brazil and Rest of Latin America

•         Middle East and Africa: Saudi Arabia, Turkey, South Africa, United Arab Emirates, and Rest of the Middle East & Africa

The neurorehabilitation device market has been segmented as follows:

•         By Product:

O       Neuro-Robotic System

O       Brain-computer Interface

O       Wearable Device

O       Non-invasive Stimulator

O       Other Products

•         By End-user:

O       Hospitals/Clinic

O       Research Institute

O       Cognitive Care Center

O       Other End-users

•         By Application:

O       Stroke

O       Cerebral Palsy

O       Parkinson’s Disease

O       Multiple Sclerosis

O       Other Applications

The key players engaged in the neurorehabilitation device market are Hokoma AG, Kinestica, Medtronic Inc, Tyromotion GmbH, Abbott Laboratories, Bioxtreme, Bionik Laboratories Corp, Biometrics Ltd, Kinova, Neurostyle Pte Ltd, Reha Technology AG, Saebo, Ectron Limited, Helius Medical Technologies, and Ekso Bionics Holdings Inc.

The strategic analysis for each of these companies has been covered in detail. The neurorehabilitation device market by company profiles helps to dive into the information about the key market players in this industry and how much hold they have on the market. 

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Table of Content

1.     GLOBAL 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 – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1.    MARKET BY PRODUCT

6.1.2.    MARKET BY APPLICATION

6.1.3.    MARKET BY END-USER

6.1.4.    COUNTRY ANALYSIS

6.1.4.1.        UNITED STATES

6.1.4.2.        CANADA

6.2. EUROPE

6.2.1.    MARKET BY PRODUCT

6.2.2.    MARKET BY APPLICATION

6.2.3.    MARKET BY END-USER

6.2.4.    COUNTRY ANALYSIS

6.2.4.1.        GERMANY

6.2.4.2.        FRANCE

6.2.4.3.        UNITED KINGDOM

6.2.4.4.        ITALY

6.2.4.5.        RUSSIA

6.2.4.6.        SPAIN

6.2.4.7.        REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1.    MARKET BY PRODUCT

6.3.2.    MARKET BY APPLICATION

6.3.3.    MARKET BY END-USER

6.3.4.    COUNTRY ANALYSIS

6.3.4.1.        CHINA

6.3.4.2.        JAPAN

6.3.4.3.        AUSTRALIA & NEW ZEALAND

6.3.4.4.        INDIA

6.3.4.5.        SOUTH KOREA

6.3.4.6.        ASEAN COUNTRIES

6.3.4.7.        REST OF APAC

6.4. LATIN AMERICA

6.4.1.    MARKET BY PRODUCT

6.4.2.    MARKET BY APPLICATION

6.4.3.    MARKET BY END-USER

6.4.4.    COUNTRY ANALYSIS

6.4.4.1.        MEXICO

6.4.4.2.        BRAZIL

6.4.4.3.        REST OF LATIN AMERICA

6.5. MIDDLE EAST AND AFRICA

6.5.1.    MARKET BY PRODUCT

6.5.2.    MARKET BY APPLICATION

6.5.3.    MARKET BY END-USER

6.5.4.    COUNTRY ANALYSIS

6.5.4.1.        SAUDI ARABIA

6.5.4.2.        UNITED ARAB EMIRATES

6.5.4.3.        TURKEY

6.5.4.4.        SOUTH AFRICA

6.5.4.5.        REST OF MIDDLE EAST & AFRICA

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 Tables

TABLE 1       GLOBAL NEUROREHABILITATION DEVICE MARKET, BY REGION, 2019-2028 (IN $ MILLION)

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

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

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

TABLE 5       GLOBAL NEUROREHABILITATION DEVICE MARKET, BY REGION, 2019-2028 (IN $ MILLION)

TABLE 6       NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 7       NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 8       NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 9       NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 10     EUROPE NEUROREHABILITATION DEVICE MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 11     EUROPE NEUROREHABILITATION DEVICE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 12     EUROPE NEUROREHABILITATION DEVICE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 13     EUROPE NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 14     ASIA-PACIFIC NEUROREHABILITATION DEVICE MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 15     ASIA-PACIFIC NEUROREHABILITATION DEVICE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 16     ASIA-PACIFIC NEUROREHABILITATION DEVICE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 17     ASIA-PACIFIC NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, HISTORIC YEAR 2016-2019 (IN $ MILLION)

TABLE 18     ASIA-PACIFIC NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 19     LATIN AMERICA NEUROREHABILITATION DEVICE MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 20     LATIN AMERICA NEUROREHABILITATION DEVICE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 21     LATIN AMERICA NEUROREHABILITATION DEVICE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 22     LATIN AMERICA NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 23     MIDDLE EAST AND AFRICA NEUROREHABILITATION DEVICE MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 24     MIDDLE EAST AND AFRICA NEUROREHABILITATION DEVICE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 25     MIDDLE EAST AND AFRICA NEUROREHABILITATION DEVICE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 26     MIDDLE EAST AND AFRICA NEUROREHABILITATION DEVICE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1     GLOBAL 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     PREVALENCE OF ALZHEIMER’S DISEASE IN THE UNITED STATES, AGE WISE, 2019 (%)

FIGURE 5     NUMBER OF GERIATRIC POPULATION, BY REGION, (IN MILLION)

FIGURE 6     SURGING PREVALENCE OF PARKINSON’S DISEASE GLOBALLY (IN MILLION)

FIGURE 7     GLOBAL NEUROREHABILITATION DEVICE MARKET, BY NEURO-ROBOTIC SYSTEM, 2019-2028 (IN $ MILLION)

FIGURE 8     GLOBAL NEUROREHABILITATION DEVICE MARKET, BY BRAIN-COMPUTER INTERFACE, 2019-2028 (IN $ MILLION)

FIGURE 9     GLOBAL NEUROREHABILITATION DEVICE MARKET, BY WEARABLE DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 10   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY NON-INVASIVE STIMULATOR, 2019-2028 (IN $ MILLION)

FIGURE 11   GLOBAL NEUROREHABILITATION DEVICE MARKET BY, OTHER PRODUCTS, 2019-2028 (IN $ MILLION)

FIGURE 12   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY STROKE, 2019-2028 (IN $ MILLION)

FIGURE 13   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY CEREBRAL PALSY, 2019-2028 (IN $ MILLION)

FIGURE 14   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY PARKINSON’S DISEASE, 2019-2028 (IN $ MILLION)

FIGURE 15   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY MULTIPLE SCLEROSIS, 2019-2028 (IN $ MILLION)

FIGURE 16   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)

FIGURE 17   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY HOSPITAL/CLINIC, 2019-2028 (IN $ MILLION)

FIGURE 18   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY RESEARCH INSTITUTE, 2019-2028 (IN $ MILLION)

FIGURE 19   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY COGNITIVE CARE CENTER, 2019-2028 (IN $ MILLION)

FIGURE 20   GLOBAL NEUROREHABILITATION DEVICE MARKET, BY OTHER END-USER, 2019-2028 (IN $ MILLION)

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

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

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

FIGURE 24   FRANCE NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 25   UNITED KINGDOM NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 26   ITALY NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 27   RUSSIA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 28   SPAIN NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 29   REST OF EUROPE NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 30   ASIA-PACIFIC NEUROREHABILITATION DEVICE MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)

FIGURE 31   CHINA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 32   JAPAN NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 33   AUSTRALIA & NEW ZEALAND NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 34   INDIA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 35   SOUTH KOREA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 36   ASEAN COUNTRIES NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 37   REST OF APAC NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 38   MEXICO NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 39   BRAZIL NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 40   REST OF LATIN AMERICA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 41   SAUDI ARABIA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 42   UNITED ARAB EMIRATES NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 43   TURKEY NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 44   SOUTH AFRICA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

FIGURE 45   REST OF MIDDLE EAST & AFRICA NEUROREHABILITATION DEVICE MARKET 2019-2028 (IN $ MILLION)

 

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