Press release
Global Virtual Neurorehabilitation Device Market 2021– By Trends, Revenue and Forecast Till 2030
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According to the latest research by InsightAce Analytic, the global Virtual Neurorehabilitation Device market size valued at US$ XX Million and it is expected to reach US$ XX Million in 2030, recording a promising CAGR of XX% during the period of 2019-2030. By region, North America dominates the market with share of XX% of global Virtual Neurorehabilitation Device market.
Neurorehabilitation helps in enhancing function, reducing symptoms and improving the overall health of the patients suffering from nervous system injury or neurological diseases or disorders. There are various virtual neurorehabilitation devices are available in the market which are used to treat the patients suffering from multiple sclerosis, Parkinson’s disease, and other neurodegenerative diseases. Demand for neurorobotics devices is going rise in the future.
Rising neurological illnesses, advanced technologies, increasing wearables & robotics for neurorehabilitation, rising geriatric population has enhanced the demand of virtual neurorehabilitation device market. Also, many healthcare facilities and centers found these devices very important and effective in treating the neurological patients, resulting in the growth of virtual neurorehabilitation device market. However, the factors like absence of skilled professionals, high cost of treatments or devices, complex systems, lack of standardized devices are putting negative impact on the development of this market.
Parkinson’s Disease segment, Rehabilitation Centers segment and Home Care Settings segment are going to grow in the future because of prevalence of neurological diseases, increasing use of advance medical technologies, fast and cost-effective services. Geographically, North America dominates the market for virtual neurorehabilitation devices, and will continue this trend over the forecast period. This can be due to the high prevalence of neurological diseases, advance technologies, increasing number of key payers and products and the favorable government initiatives undertaken for healthcare developments. On the other hand, Asia-Pacific’s market is also expected to grow faster in the future. This fastest growth can be due to the high number of patients with neurological diseases in this region. Europe is highly influenced by the rising prevalence of neurological diseases and rising number of technologically advanced medical devices. For the remaining regions, steady growth of this market is expected during the forecast period 2019-2030.
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Growing the awareness between the physicians relating to these devices, changes in life style patterns, increasing healthcare expenditure, high investment in research for the development of neurorehabilitation devices will create more opportunities for players to expand the virtual neurorehabilitation device market.
Many of the key players in this industry are engaged in developing and launching new products, making new partnerships and agreements, using advanced medical technologies, likely to drive the growth of virtual neurorehabilitation device market.
In October 2020, Neuro Rehab VR announced the introduction of its foremost clinically approved and FDA registered XR Therapy System.
Some of the key Players of virtual neurorehabilitation device market are Ekso Bionics Holdings Inc., Hocoma AG, MindMaze, Neuro Rehab VR, ReWalk Robotics, Eodyne, reHaptix GmbH, Neofect, Oxford VR, Euleria, Barron Associates, Virtual Therapy Solutions, LLC, Recovery Tech, Inc., ICAROS GmbH, and other Prominent Players.
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Market Segments
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 based on Applications
• Brain Stroke
• Parkinson’s Disease
• Multiple Sclerosis
• Spinal Cord Injury
• Cerebral Palsy
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 based on End-Users
• Hospitals & Clinics
• Rehabilitation Centers
• Home Care Settings
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Virtual Neurorehabilitation Device Market revenue (US$ Million) by Country, 2019 to 2030
• U.S.
• Canada
Europe Virtual Neurorehabilitation Device Market revenue (US$ Million) by Country, 2019 to 2030
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Virtual Neurorehabilitation Device Market revenue (US$ Million) by Country, 2019 to 2030
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Virtual Neurorehabilitation Device Market revenue (US$ Million) by Country, 2019 to 2030
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Virtual Neurorehabilitation Device Market revenue (US$ Million) by Country, 2019 to 2030
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for Global Virtual Neurorehabilitation Device Market
To receive industry overview and future trends of Virtual Neurorehabilitation Device Market
To analyze the Virtual Neurorehabilitation Device Market drivers and challenges
To get information on Virtual Neurorehabilitation Device Market size value (US$ Mn) forecast till 2030
Major Investments, Mergers & Acquisition in Virtual Neurorehabilitation Device Market industry
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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