openPR Logo
Press release

Neurorehabilitation Devices - MIME Robotic Device

12-14-2017 06:37 PM CET | Health & Medicine

Press release from: Market Research Future

Bioness Inc., Bionik Laboratories Corp., 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 are some of the prominent players at the forefront of competition in the global Neurorehabilitation Devices Market and are profiled in MRFR Analysis.

Global Neurorehabilitation Devices Market - Overview

The neurorehabilitation devices market is growing with the rapid pace. According to a recent study report published by the Market Research Future, the global neurorehabilitation devices market is booming and expected to gain prominence over the forecast period growing rapidly. The market is forecasted to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017–2022).

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/2210 .

The market is going to continue with the same trends of growth during the forecast period. Increasing prevalence of neurological diseases and the development of the information technology are the major factors that drive the market growth during the forecast period. According to a study published in the Annals of Indian Academy of Neurology journal in 2016, approximately 10 million people in the world accounting about 0.3% of the world’s population and 1.0% of those who are aged 60 years or more are found to be affected with the Parkinson's disease. Moreover, similar trends were observed for the European region. It was found that two per 100 people in Europe suffered from the Parkinson's disease. Moreover, increasing healthcare expenditure and growing geriatric population fuels the market growth during the forecast period. According to the World Health Organization in 2015, the geriatric population is expected to reach 2.1 billion by 2050. Moreover, according to the Centers for Medicare & Medicaid Services, in 2016, the U.S. national healthcare expenditure reached USD 3.3 trillion which accounted for 17.9% of gross domestic product (GDP). However, the high cost of the procedures, lack of awareness, and low per capita healthcare expenditure within the developing economies of the world may restrain the market growth during the forecast period.

However, the market is witnessed by the increasing number of the products in various segments of the neuro-robotic devices, brain trauma injury, and others.

Global Neurorehabilitation Devices Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of neurorehabilitation devices market appears to be highly competitive and fragmented. International players who are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing. The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Medtronic is one of the significant players in the global neurorehabilitation devices market. The company is headquartered in the U.S. and is one of the global leader in medical technology. The company follows the strategy of merger, acquisitions, collaboration, and product launches to enhance its products sales across the globe and to tap the growing markets. The company’s revenue reached ~USD 28,833 million in 2016 from USD 20,261 in 2015. This marked a huge investment in the company’s R&D, about 7.7% of the total revenue was invested in the R&D in 2016.

Order Single User License Copy of 80 Premium Pages is Available @ https://www.marketresearchfuture.com/reports/neurorehabilitation-devices-market-2210 .

In October, 2016 Medtronic got an approval for its suite of cardiac rhythm and heart failure. This advancement gave patients SureScan MR-conditional pacemakers, implantable cardioverter-defibrillators (ICDs) and cardiac resynchronization therapy-defibrillators (CRT-Ds). This helped Medtronic to strengthen its position in MRI machines segment.

In March, 2016 Bionik Laboratories Corp. entered into a merger agreement to acquire interactive motion technologies, Inc.

Global Neurorehabilitation Devices Market - Regional Analysis

The Americas leads global neurorehabilitation devices market due to the presence of the developed countries within the region like the U.S. and Canada which have developed healthcare sector to facilitate the market growth. Europe is the second market for global neurorehabilitation devices and is followed by the Asia Pacific region. A huge patient population, favourable government policies and increasing precipitate healthcare expenditure drives the market growth within the region. The Middle East & Africa holds the least market share, especially due to the presence of the poor economies within the region.

Brief TOC

Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Global Neurorehabilitation Devices Market, By Product Type
Global Neurorehabilitation Devices Market, By Application
Global Neurorehabilitation Devices Market, By End User
Global Neurorehabilitation Devices Market, By Region
Competitive Landscape
Company Profile

Ask to Expert @ https://www.marketresearchfuture.com/enquiry/2210 .

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.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 - MIME Robotic Device here

News-ID: 861607 • Views: 953

More Releases from Market Research Future

Silo Bags Market 2020-2026 | Top Trends and Key Players Analysis Report
Transparency Market Research delivers key insights for the silo bags market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2026. In terms of growth, the global silo bags market is projected to witness growth of 6% by the end of 2026, owing to the benefit of storing grains for a long time, and providing protection against insects. Access Complete Report of Silo Bags
Farm Tractor Market to Grow at a CAGR of 3.88 from 2019 to 2027 | Industry Trend …
A farm tractor is a special designed vehicle with large rear tyres for use in agricultural soil. Farm tractors are powered by either gasoline or diesel. Farmers are under pressure to equip them with advanced automated agricultural technology as the world's population grows, as does the demand for food. As a result, there is a high demand for farm tractors, thereby indicating a high sales growth for the farm tractors
Automotive Antenna Market | Deep Research Study with Forecast to 2027
The global automotive antenna market is anticipated to expand at a CAGR of ~4% during the forecast period, owing to a rise in the demand for connected vehicles and related technology in vehicles across the globe. Advent of connected vehicles and automatic systems has increased the number of automotive antennas used per vehicle. The automotive antenna market is presently focused on several multiple functions, including remote-less entry, navigation, telematics, tire pressure
Pickup Truck Market 2020 - 2030 | Current Insight with Future Aspect Analysis
According to the report, the global pickup truck market is projected to reach US$ 950 Bn by 2030, expanding at a CAGR of ~2% during the forecast period, owing to the increase in affordability for vehicles among consumers and transition of people into middle and upper middle-income groups. The global pickup truck market is mature; however, expansion of small- and medium-scale enterprises coupled with high popularity for pickup trucks in

All 5 Releases


More Releases for Neuro

Global Neuro-stimulators Market By Type (Invasive Neuro-stimulators, Non-invasiv …
The Global Neuro-stimulators Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Neuro-stimulators Market report aims to provide an overview of Neuro-stimulators Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Neuro-stimulators Market Economy by Manufacturers, Regions, kind
Global Neuro Monitoring Devices Market Insights, Forecast to 2025
Market Research Report Store offers a latest published report on Neuro Monitoring Devices Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/620364/global-neuro-monitoring-devices-market-insights   Neuro monitoring devices are used for
Neuro Ablation Devices Market Professional Survey Report 2018
Neuro ablation devices are medical devices that are applied to iatrogenic Peripheral Nerve Injury (PNI). A peripheral nerve is composed of axon, myelin, endoneurium, fascicle, perineurium and epineurium. The individual myelinated axons and groups of unmyelinated axons are usually surrounded by the endoneurium. Currently available neuro ablation devices focus on precise and target-oriented denervation. Recurrence of pain after a short period is always a problem in pain practice. Recurrence of
Neuro Ablation Devices Market to Reap Excessive Revenues by 2028
Neuro Ablation Devices Market Overview: Neuro ablation devices are medical devices that are applied to iatrogenic Peripheral Nerve Injury (PNI). A peripheral nerve is composed of axon, myelin, endoneurium, fascicle, perineurium and epineurium. The individual myelinated axons and groups of unmyelinated axons are usually surrounded by the endoneurium. Currently available neuro ablation devices focus on precise and target-oriented denervation. Recurrence of pain after a short period is always a problem in
Neuro-navigation Systems Market - Size, Share, Outlook
Rising adoption of minimally invasive surgical procedures is expected to fuel growth of the neuro-navigation systems market. Moreover, increasing number of neurological surgeries performed worldwide is also expected to drive demand for neuro-navigation market. According to the AANS National Neurosurgical Procedural Statistics, in 2011, neurosurgeons performed 2,296,331 total procedures, 1,448,400 of which were spine surgeries in the U.S. Rise in number of people suffering with brain tumor and cancer leading
Neuro Stimulation Devices Market Detailed Analysis and Forecast by 2025
In this report, the global Neuro Stimulation Devices market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Neuro Stimulation Devices in these regions, from 2013 to 2025