openPR Logo
Press release

Neurorehabilitation Devices Industry Drivers

08-18-2017 07:14 PM CET | Health & Medicine

Press release from: Transparency Market Research

Neurorehabilitation Devices Market: Snapshot

The market for neurorehabilitation devices holds a lot of potential, analysts have found. Already well-established markets in North America and Europe, coupled with immense growth opportunities in the emerging economies of Asia Pacific and Latin America indicate the favorable pace at which the global neurorehabilitation devices market is likely to grow over the coming years. The introduction of wearable technology and robotics has been having a tremendous impact on the development of neurorehabilitation devices and this push by researchers and device manufacturers alike is exactly what the global market needs.

View Report @ http://www.transparencymarketresearch.com/neurorehabilitation-devices-market.html

The emergence of several new therapies over the past few years and the potential presented by additional investigational treatments are anticipated to drive the value of the neurorehabilitation devices market from US$894.9 mn in 2015 to US$3.2 bn by 2024 at a 15.5% CAGR therein.

Alarming Rise in Road Traffic Incidents in Asia a Leading Growth Driver

The global market for neurorehabilitation devices comprises five main regional segments: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

The alarming rise in the incidence of stroke has driven the North America neurorehabilitation devices market to account for a 42% share in 2015. The Centers for Disease Control and Prevention states that almost 130,000 Americans die from stroke each year, with an average of one America dying from stroke every 4 minutes. This wide-spread prevalence of stroke, resulting in various neurological disorders, is forecast to boost the demand for neurorehabilitation devices in North America from 2016 to 2024. Neurological disorders are also brought on with age and as a result, countries with a large geriatric population base are likely to be the potential markets for neurorehabilitation devices. This is one of the key factors driving the market in Europe, especially in countries such as Spain, Germany, France, the U.K., and Italy.

Get accurate market forecast and analysis on the Neurorehabilitation Devices Market. Request a sample to stay abreast on the key trends impacting this market.

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12791

Asia accounts for an estimated two-third of the world’s disabled population and the number is projected to rise in the next decade. This can be attributed to not just the growing incidence of stroke in the region but to the alarmingly high road traffic fatality rates. Asia is home to highest percentage of traumatic brain injury resulting from road traffic accidents, unintentional injuries, and falls. These patients demand the availability of neurorehabilitation devices, thereby rendering the Asia Pacific region a massively lucrative market for global as well as regional players, registering a 17.0% CAGR from 2016 to 2024.

Growing Prevalence of Parkinson’s Disease in Developed Countries Presents Major Opportunity

Neurorehabilitation devices include brain computer interfaces, neurorobotic systems, wearable devices, and non-invasive brain stimulators. Neurorobotic systems held the largest share in the neurorehabilitation devices market in 2015 and is likely to continue its dominance in the market over the course of the forecast period. Non-invasive brain stimulators, on the other hand, are projected to witness the highest growth rate from 2016 to 2024.

The major applications of neurorehabilitation devices include traumatic brain injury, Parkinson’s disease, stroke, spinal cord injury, and cerebral palsy. The demand for neurorehabilitation devices for Parkinson’s disease is estimated to register the fastest growth rate during forecast period owing to the rising incidence of Parkinson’s in developed countries such as the U.K., the U.S., Iceland, Finland, and Ireland.  

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Neurorehabilitation Devices Industry Drivers here

News-ID: 675258 • Views: 505

More Releases from Transparency Market Research

A2 Milk Market Research is projected to grow at a 10.2% CAGR over 2018-2028 - TM …
There has been an increasing interest in A2 milk all over the world. It has almost 20 since New Zealand-based A2 Milk Company started its journey in the production of A2 milk. The company went on to license its intellectual property for the purpose of determination of protein type in cow milk. The A2 Milk Company Limited, Pura Milk, Jersey Dairy, Fonterra Co-operative Group Limited,China Mengniu Dairy Co. Ltd., and
Fruits and Vegetable Powder Market is increasing due to the increasing vegan pop …
With the shift in preferences of health-conscious customers, manufacturers in the food industry are focusing on utilizing health benefiting food products. To offer healthy food products, food manufacturers are converting raw fruits and vegetables into the powdered form. In order to develop innovative food products with different flavors, food industries and food retail outlets are utilizing fruits and vegetable powder as an important ingredient. Fruits and vegetable powder is considered
Acacia Fiber Market generating the demand of the high fibrous food | 2018 - 2026
In the global nutraceutical market, the demand of fibrous food products is at its peak due to increasing health problems such as obesity and other health-related problems, which are generating the demand of the high fibrous food. Acacia fiber which is soluble in water and slowly digestible which leads to decrease the hunger and also give the feeling of the full stomach for a long duration. These factors drive the
Organic Rice Syrup MarketTo Register High Revenue Growth During 2018-2026
Many rice products are used as an ingredient in food preparation, but all of them might not be rice based. One of such rice products is organic rice syrup, which is used as an ingredient in the preparation of various food products. Organic rice syrup is a low-calorie sweetener used as an alternative to high fructose corn syrup. It is made by fermenting organic rice which includes no synthetic agents,

All 5 Releases


More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the