NORTH AMERICA NEUROREHABILITATION DEVICE MARKET 2019-2028

Lifesciences | Medical Devices & Consumables

NORTH AMERICA NEUROREHABILITATION DEVICE MARKET 2019-2028

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

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Triton Market Research has concluded that the North America neurorehabilitation device market is projected to grow at a CAGR of 14.56% in the estimated years 2019-2028.


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The countries reviewed in this market are:

•         United States

•         Canada

The neurorehabilitation device market in the United States is being driven mainly by the rising geriatric population. The people in this age group are highly prone to developing neurological diseases. This is leading to a rise in the cases of Alzheimer's and Parkinson's disease in the country.

According to the Alzheimer's Association, close to 5.8 million people in the US aged 65 and older are reported to be living with Alzheimer's dementia at present. It further states that one in every three adults in the country loses their life to Alzheimer's or other dementia. Further, every 65 seconds, someone in the country is impacted by AD. Also, around one in ten persons aged over 65 years is found to be affected by the disease.

As per the Parkinson's Foundation Prevalence Project, around 930,000 people in the US are affected by PD at present. This number is estimated to rise to 1.2 million people by the year 2030. Thus, the rising prevalence of neurological diseases is paving the way for the adoption of neurorehabilitation devices. This is expected to aid in the growth of the neurorehabilitation device market in the United States.

Further, government institutions are also working on the development and innovation of therapeutics and diagnostics for Alzheimer's disease. For instance, the National Institute of Health allocated funds worth $589 million on research projects for AD. This is further helping the growth of the studied market in the years to come.

Helius Medical Technologies is engaged in developing, designing, manufacturing, and commercializing products for treating neurological symptoms caused by disease or trauma. The company is actively involved in developing portable neuromodulation stimulators or PoNs, which is a device for treating movement, gait, and balance disorders in patients with traumatic brain injury (TBI) and other chronic neurological diseases. Founded in the 1990s, Helius Medical is headquartered in Newtown, Pennsylvania, the United States.

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Table of Content

1.     NORTH AMERICA 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 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 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 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 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 MARKET – NORTH AMERICA

6.1. COUNTRY ANALYSIS

6.1.1.    UNITED STATES

6.1.2.    CANADA

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

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

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

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

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

List of Figures

FIGURE 1     NORTH AMERICA 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 (IN MILLION)

FIGURE 6     NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY NEURO-ROBOTIC SYSTEM, 2019-2028 (IN $ MILLION)

FIGURE 7     NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY BRAIN-COMPUTER INTERFACE, 2019-2028 (IN $ MILLION)

FIGURE 8     NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY WEARABLE DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 9     NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY NON-INVASIVE STIMULATOR, 2019-2028 (IN $ MILLION)

FIGURE 10   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY OTHER PRODUCTS, 2019-2028 (IN $ MILLION)

FIGURE 11   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY STROKE, 2019-2028 (IN $ MILLION)

FIGURE 12   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY CEREBRAL PALSY, 2019-2028 (IN $ MILLION)

FIGURE 13   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY PARKINSON’S DISEASE, 2019-2028 (IN $ MILLION)

FIGURE 14   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY MULTIPLE SCLEROSIS, 2019-2028 (IN $ MILLION)

FIGURE 15   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)

FIGURE 16   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY HOSPITAL/CLINIC, 2019-2028 (IN $ MILLION)

FIGURE 17   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY RESEARCH INSTITUTE, 2019-2028 (IN $ MILLION)

FIGURE 18   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY COGNITIVE CARE CENTER, 2019-2028 (IN $ MILLION)

FIGURE 19   NORTH AMERICA NEUROREHABILITATION DEVICE MARKET, BY OTHER END-USER, 2019-2028 (IN $ MILLION)

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

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

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