Press release
Neurorehabilitation Devices Market 2018 focuses on Top Most key Players - Bioness Inc., Hocoma AG, Tyromotion GmbH, St. Jude Medical, Inc. (Acquired by Abbott Laboratories Inc.), Medtronic plc, AlterG, Inc., Ekso Bionics Holdings, Inc., Biometrics Ltd, ,
Neurorehabilitation Devices Market
Major Leading Players:
Some of the key players operating in the global neurorehabilitation devices market are, Bioness Inc., Hocoma AG, Tyromotion GmbH, St. Jude Medical, Inc. (Acquired by Abbott Laboratories Inc.), Medtronic plc, AlterG, Inc., Ekso Bionics Holdings, Inc., Biometrics Ltd, , Kinova Robotics, Saebo, Inc., Kinestica and Bionik Laboratories Corp.
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Industry Outlook- Neurorehabilitation Devices Market
The global Neurorehabilitation Devices Market is expected to be around $4 billion by 2025. The market is primarily driven by factors such as increasing incidence of neurological diseases such as stroke, Parkinson’s disease and Alzheimer disease. The increasing incidence of stroke can also be attributed to the rising demand for neurorehabilitation devices. As per the data revealed by the Center for Disease Control and Prevention (CDC) in May 2017, over 795,000 cases of stroke are reported every year in the U.S., of which around 610,000 cases are of first stroke. With continuous technological advancements, novel techniques for treating neurological disorders have been introduced in the market, which are further contributing to the growth of neurorehabilitation devices market around the world. However, factors such as dearth of skilled technicians to handle sophisticated neurorehabilitation devices and high costs of neurorehabilitation devices can restrain the growth of global neurorehabilitation devices market during the forecast period.
Market Segmentation- Neurorehabilitation Devices Market
By Product:
Non-Invasive Stimulators
Wearable Devices
Neurorobotics
Brain-computer Interface
By Application:
Traumatic Brain Injury
Stroke
Spinal Cord Injury
Cerebral Palsy
Parkinson’s Disease
Other Applications
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Regional Trend Analysis
North America held the largest share of the global neurorehabilitation devices market in 2016 owing to factors such as increasing geriatric population, increasing incidence of neurological disorders, especially stroke, and availability of advanced healthcare infrastructure in the region. Asia-Pacific neurorehabilitation devices market is expected to register lucrative growth during the forecast period owing to high incidence of neurological disorders resulting from road accidents and presence of highly unmet medical needs of the population in emerging countries such as India and China.
Market Opportunities
The future growth opportunities for global neurorehabilitation devices market lie in the development and commercialization of technologically advanced rehabilitation solutions specifically targeted towards treating distinct neurological disorders in a shorter time span with improved results. Increased investment in research and development activities by key market players will facilitate such product development.
Major TOC of Neurorehabilitation Devices Market
Introduction
Report Description
Research Methodology
Secondary Research
Primary Research
Executive Summary
Key Highlights
Market Overview
Introduction
Market Definition
Market Segmentation
Market Dynamics
Drivers
Restraints
Opportunities
Emerging Countries to Offer Lucrative Growth Opportunities
Market Analysis by Regions
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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