Market Overview
The Neurorehabilitation
Devices Market overview exhibiting a compound
annual growth rate (CAGR) of 7.90% during the forecast period (2023 - 2032).
Neurological rehabilitation is a treatment program overseen by a team of
specialists for patients suffering from sickness, injury, or malfunction of the
neurological system. Neurorehabilitation devices are used in the field of
physiotherapy to aid in the learning of motor abilities. Neurorobotic systems,
non-invasive brain stimulators, brain-computer interfaces, and wearable devices
are all examples of neurorehabilitation equipment. With the use of these
technologies, rehabilitation products have advanced and improved in terms of
intensity and quality. It has ensured that neurorehabilitation equipment
provides the best and most important results in neurological illnesses.
Market Segmentation
Based on the Type, the global Neurorehabilitation Devices Market outlook has been segmented into Neuro-Robotic Devices, Wearable Devices, Non-Invasive Stimulators, Brain-Computer, and Interface (BCIs).
Based on the Application, the global Neurorehabilitation Devices Market report has been segmented into Brain stroke, Parkinson's Disease, Multiple sclerosis, Spinal cord injury, Cerebral palsy, Schizophrenia, etc.
Based on the End-User, the global Neurorehabilitation Devices Market has been segmented into Hospitals/Clinics and Cognitive Care Centers.
Based on the Region, the global Neurorehabilitation Devices Market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Regional Classification
North America dominates the worldwide market with the United States and Canada. The regional market has grown as the occurrences of Alzheimer's and Parkinson's disease has increased, leading to an increase in government financing through particular Senate of Canada programs. Europe consists of the UK, Germany, Italy, France, Belgium, Russia, Poland, and the rest of Europe. The Asia-Pacific includes India, Australia, New Zealand, China, South Korea, Japan, Thailand, Indonesia, and Vietnam, as well as the rest of the continent. The market for neurorehabilitation equipment is predicted to expand gradually. The architecture of medicine is changing, and it is expected that healthcare infrastructure and neurological devices will develop during the forecast period. According to statistics, market growth in areas where the majority of the population is over 60 years old ranges from 8.1 percent to 8.5 percent every year.
Competitive Landscape
The
Neurorehabilitation Devices Market research players in the market are :
Abbott
Laboratories,
Ekso
Bionics Holdings Inc,
Helius
Medical Technologies,
Hocoma
AG,
Medtronic
Inc,
Others
Following the pandemic, a developing culture of entrepreneurs, and neuroscientists, the Neurorehabilitation Devices Market is now open to a variety of people who wish to make money. Those who have invested in the Neurorehabilitation Devices Market have contributed to the advancement of this culture and market trends. In reality, patients are now consulting remotely for each of their application parts. As a result, it has provided a landscape for the neurorehabilitation device industry, as well as the possibility to interact with diverse persons to move the market forward. Parkinson's disease and stroke are the diseases with the highest CAGR in terms of application category in the coming years.
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