Wearable Neurorehabilitation Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Wearable Neurorehabilitation Device Trends and Forecast

The future of the global wearable neurorehabilitation device market looks promising with opportunities in the hospital / clinic and rehabilitation center markets. The global wearable neurorehabilitation device market is expected to grow with a CAGR of 13.1% from 2024 to 2030. The major drivers for this market are increase in prevalence of neurological disorders, advancement in technology, and rise in product launches.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Wearable Neurorehabilitation Device by Segment

The study includes a forecast for the global wearable neurorehabilitation device by application, end use, and region.

Wearable Neurorehabilitation Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Stroke
• Spinal Cord Injury
• Cerebral Palsy
• Others

Wearable Neurorehabilitation Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals/Clinics
• Rehabilitation Centers
• Others

Wearable Neurorehabilitation Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wearable Neurorehabilitation Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wearable neurorehabilitation device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wearable neurorehabilitation device companies profiled in this report include-

• Cadence Biomedical
• Flint Rehab
• Ekso Bionics Holdings
• Myomo
• ReWalk Robotics

Wearable Neurorehabilitation Device Market Insights

Lucintel forecasts that stroke will remain the largest segment over the forecast period.

Within this market, hospital/clinic will remain larger segment.

North America will remain the largest region over the forecast period due to increasing adoption rate of wearable neurorehabilitation devices.

Features of the Global Wearable Neurorehabilitation Device Market

Market Size Estimates: Wearable neurorehabilitation device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wearable neurorehabilitation device market size by application, end use, and region in terms of value ($B).

Regional Analysis: Wearable neurorehabilitation device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the wearable neurorehabilitation device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wearable neurorehabilitation device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for wearable neurorehabilitation device market?

Answer: The global wearable neurorehabilitation device market is expected to grow with a CAGR of 13.1% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the wearable neurorehabilitation device market?

Answer: The major drivers for this market are increase in prevalence of neurological disorders, advancement in technology and rise in product launches.

Q3. What are the major segments for wearable neurorehabilitation device market?

Answer: The future of the wearable neurorehabilitation device market looks promising with opportunities in the hospital / clinic and rehabilitation center markets.

Q4. Who are the key wearable neurorehabilitation device market companies?

Answer: Some of the key wearable neurorehabilitation device companies are as follows:

• Cadence Biomedical
• Flint Rehab
• Ekso Bionics Holdings
• Myomo
• ReWalk Robotics

Q5. Which wearable neurorehabilitation device market segment will be the largest in future?

Answer: Lucintel forecasts that stroke will remain the largest segment over the forecast period.

Q6. In wearable neurorehabilitation device market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing adoption rate of wearable neurorehabilitation devices.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the wearable neurorehabilitation device market by application (stroke, spinal cord injury, cerebral palsy, and others), end use (hospitals/clinics, rehabilitation centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?