PUBLISHER: The Business Research Company | PRODUCT CODE: 1713607
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713607
Neurorehabilitation devices are specialized tools and equipment designed to aid in the rehabilitation of individuals with neurological disorders or injuries. These devices are intended to restore or enhance functions that have been impaired by conditions such as stroke, traumatic brain injury, spinal cord injury, multiple sclerosis, or other neurological diseases.
Key products in the neurorehabilitation devices category include brain-computer interfaces, wearable devices, non-invasive stimulators, and others. A brain-computer interface (BCI) is a technology that facilitates direct communication between the brain and an external device, often bypassing traditional pathways such as muscles or nerves. BCIs have various applications, including treatment for stroke, Parkinson's disease, brain and spinal cord injuries, cerebral palsy, multiple sclerosis, and more. The primary users of these devices are rehabilitation centers, hospitals and clinics, home care settings, and others.
The neurorehabilitation devices market research report is one of a series of new reports from The Business Research Company that provides neurorehabilitation devices market statistics, including the neurorehabilitation devices industry's global market size, regional shares, competitors with a neurorehabilitation devices market share, detailed neurorehabilitation devices market segments, market trends and opportunities, and any further data you may need to thrive in the neurorehabilitation devices industry. This neurorehabilitation devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The neurorehabilitation devices market size has grown rapidly in recent years. It will grow from $1.85 billion in 2024 to $2.07 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to an aging population, the prevalence of neurodegenerative diseases, growing awareness, regulatory approvals, and research and development.
The neurorehabilitation devices market size is expected to see rapid growth in the next few years. It will grow to $3.21 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to increasing healthcare spending, improved education among healthcare professionals, growth in telemedicine, specialty clinics expansion, and improved patient outcomes. Major trends in the forecast period include technological advancements, integration of artificial intelligence, robotics in neurorehabilitation devices, wearable neurorehabilitation devices, and real-time data and facilitate continuous monitoring.
The growing prevalence of neurological diseases is expected to drive the expansion of the neurorehabilitation devices market in the future. The rise in neurological conditions is attributed to several factors, including an aging population, improved diagnostics, increased awareness, and the impact of stress and mental health issues. Neurorehabilitation devices play a crucial role by helping restore motor, cognitive, and sensory functions through targeted therapies and stimulation. For example, in October 2023, the World Federation of Neurology, a UK-based organization representing the field of neurology globally, reported that over 40% of the global population is currently affected by some form of neurological condition, with this figure expected to nearly double by 2050. Additionally, in September 2021, the UK Parliament noted that about one in six people in the UK has at least one neurological condition, with an estimated 600,000 new diagnoses each year. Hence, the rising prevalence of neurological diseases is driving the growth of the neurorehabilitation devices market.
Leading companies in the neurorehabilitation devices market are focusing on developing innovative products, such as hyper-sensitive controllers, to enhance precision and patient interaction during rehabilitation therapies. A hyper-sensitive controller is a component or system designed to respond with high sensitivity to a user's movements, intentions, or neural signals. For instance, in February 2023, MindMaze, a Switzerland-based digital neurotherapeutics company, launched Izar, an advanced smart peripheral device aimed at improving hand motor function in patients with neurological conditions such as stroke and Parkinson's disease. This portable device enhances hand dexterity and strength by accurately detecting fine grasp forces and wrist movements, facilitating precise training and assessment. Izar supports both in-clinic and remote self-training, addressing a key need in neurological rehabilitation.
In August 2023, ReWalk Robotics Ltd., an Israel-based medical device company, acquired AlterG for $19 million. This acquisition aims to broaden ReWalk's product portfolio and strengthen its position in the rehabilitation and mobility sector by integrating AlterG's anti-gravity treadmill technology with its existing exoskeleton products. AlterG, based in the US, specializes in anti-gravity systems used for physical and neurological rehabilitation.
Major companies operating in the neurorehabilitation devices market are ReWalk Robotics Ltd., Ottobock SE & Co. KGaA, Helius Medical Technologies Inc., Bioventus LLC, Bioness Inc., Neofect Co. Ltd., Tyromotion GmbH, Ekso Bionics Holdings Inc., Reha Technology AG, Ectron Ltd., Biometrics Ltd., BioXtreme Ltd., Eodyne LLC, Kinestica Inc., Medimotion, Motus Nova, NeuroGym, NeuroMetrix Inc., Rehab-Robotics Company Limited, Rex Bionics Ltd., Saebo Inc., Bionik Laboratories Corp
North America was the largest region in the neurorehabilitation devices market in 2024. The regions covered in the neurorehabilitation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the neurorehabilitation devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The neurorehabilitation devices market consists of sales of robotic exoskeletons, neuroprosthetics, brain-computer interfaces (BCI), functional electrical stimulation (FES) devices, transcranial magnetic stimulation (TMS) devices, virtual reality (VR), and rehabilitation systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Neurorehabilitation Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on neurorehabilitation devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for neurorehabilitation devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The neurorehabilitation devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.