Press release
Neurorehabilitation Devices Market 2018-2022: Growing with Bioness, Inc., Bioxtreme, Rehabtronics Inc, St Jude Medical Inc., Medtronic, Helius Medical Technologies, Inc. etc. Among Others
Neurorehabilitation deals with the daunting challenges of learning to live with the various neurological conditions such as Alzheimer's disease, ADHD, epilepsy, Parkinson's disease, multiple sclerosis, brain tremor and spinal cord injuries, peripheral nervous disorders and amyotrophic lateral sclerosis.Neurorehabilitation Devices are used during the treatment of the above-mentioned neurological disorders. In-addition to the recovery of people suffering from these disorders, neurorehabilitation devices also help the designers to better understand and formulate designs, measurement and control systems for biomedical devices used in the treatment. With the extensive research in the field of development of advent devices and compensatory strategies, these neurological devices can help to optimize the body function and hence, independence.
Acknowledging the heightened accruals this market is witnessing currently, Market Research Future (MRFR), in its recently published study report, asserts that the global neurorehabilitation devices market will register reach approximately USD 2.25 Bn. by 2022, registering a healthy 6.3% CAGR between 2016 -2022.
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Neurorehabilitation Devices Market - Key Players
Some of the key players in this market are: Bioness, Inc., Bionik Labs, Bioxtreme, Denecor, Ectron Ltd., Ekso Bionics, Helius Medical Technologies, Hocoma AG, MagVenture A/S, Medtronic, Neuro Style, Rehab-Robotics Company Limited, Rehabtronics Inc, St Jude Medical Inc., Tyromotion, and others.
Industry/Innovation/Related News:
July 11, 2018 - Medline Industries, Inc., (US), a global manufacturer and distributor of medical products announced the acquisition of NeuroGym (Canada), a physical therapy and rehabilitation equipment maker.
June 12, 2018 – MindMaze SA (Switzerland), a leading global medical technology company announced receiving of FDA clearance for US distribution of its MindMotion Go, a gamified neurorehabilitation therapy platform for medium and light severity impairments able to be deployed in the patient’s home. Using motion capture technology based on the Microsoft Kinect, the Go engages patients with a range of activities set in displayed 3D environments that promote motor and task functions.
January 24, 2018 – Helius Medical Technologies, Inc. (US) a leading global medical technology company in to neurological wellness, announced that partnering with the ARL (US Army Research Laboratory), it has executed a CRADA (Cooperative Research & Development Agreement) establishing a platform for collaborative research programs. Subsequently, Helius and ARL executed a Joint Work Statement (JWS) launching a research program to investigate Helius’ Portable Neuromodulation Stimulator (PoNS) for the enhancement of cognitive, emotional and physical readiness and response through mindfulness and meditation training.
Neurorehabilitation Devices Market - Segments
For the convenience of the report and enhanced understanding; the report is segmented in to 4 key dynamics
By Product Types: Including Neuro-robotic devices, Wearable Devices, Brain Computer Interface, Non-Invasive Stimulators and other.
By End Users: Hospitals/clinics, cognitive care centers, research institutes, and other.
By Applications: Spinal Cord Injury, Stroke, Brain Trauma Injury, Parkinson’s disease, Schizophrenia, Cerebral Palsy and other.
By Regions: Europe, North America, APAC and Rest of the World.
Neurorehabilitation Devices Market - Regional Analysis
North America market dominates the Global Neurorehabilitation Devices Market with the significant market share. While Europe & Asia Pacific stand at the second & third positions respectively in terms of the market share.
Factors such as, advancements in technology, coupled with the prevailing neurological disorders, availability of advanced infrastructure and growing awareness towards the advantages & efficacies of Neurorehabilitation Devices and centers are attributing to the growth of North America and Europe Market.
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Asia-Pacific market is expected to be the fastest growing market for Neurorehabilitation Devices. However high cost associated with the purchase and implementation of these devices is impeding the regional market growth.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
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+1 646 845 9312
Email: salesteam@marketresearchfuture.com
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