Neurorehabilitation Devices Market Size By Product, By Application, By Geographic Scope And Forecast
Neurorehabilitation Devices Market Size And Forecast
The Global Neurorehabilitation Devices Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Neurorehabilitation Devices Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Neurorehabilitation Devices Market was valued at USD 1.22 Billion in 2019 and is projected to reach USD 3.1 Billion by 2027, growing at a CAGR of 12.4% from 2020 to 2027.
What is Neurorehabilitation Devices?
Neurorehabilitation process makes possible reduction in disabilities and impairments, eventually improving quality of patient’s life. Invasive Stimulators, non-invasive stimulators, neurorobotics and brain computer interface constitute some of the examples of neurorehabilitation devices. The rehabilitation in stroke recovery is based on stimulating the neuroplasticity of the brain. Current rehabilitation is supported by advanced methods based on biofeedback, BCI systems and transcranial brain stimulation system. With the advancements in the technologies, companies are able to improve and upskill the capabilities of robots to offer cost-effective solutions in clinical practice.
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Global Neurorehabilitation Devices Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Globally the prevalence rates of neurological disease are increasing rapidly. So the adoption of neurorehabilitation devices among the healthcare industry is increasing. Statistics of increasing numbers of patients create a demand for advanced and effective rehabilitation technologies. Also Increasing government funding and support in research activities and the healthcare sector are some factors might help in market growth for neurorehabilitation devices market. Requirements of skilled professionals for the devices and instruments and lack of effective training modalities might hamper the market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Neurorehabilitation Devices Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Neurorehabilitation Devices Market Competitive Landscape
The “Global Neurorehabilitation Devices Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Ekso Bionics Holdings, Inc., Hocoma AG., ReWalk Robotics Ltd, Eodyne, Neuro Rehab VR, Neofect, Bioness Inc., Bionik Laboratories Corp., Rex Bionics Ltd, and Reha Technology AG. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Neurorehabilitation Devices Market, By Product
• Brain-computer Interface
• Neurorobotic Systems
• Brain Stimulators
o Non-invasive Stimulators
o Invasive Stimulators
• Wearable Devices
Neurorehabilitation Devices Market, By Application
• Brain & Spinal Cord Injury
• Stroke
• Multiple Sclerosis
• Parkinson’s Disease
• Cerebral Palsy
• Others
Neurorehabilitation Devices Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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