Neurorehabilitation is a well-elaborated therapist-supervised medical
procedure, which aims at recovering a nervous system injury resulting
from non-functional to functional nervous system and improving the
well-being of a person. World health organization (WHO) survey of
2014, revealed that each year around 15 million people are affected
by neurological disorders, from which around 5 million suffer from
permanent disability. The report also revealed that, around 2.5
million people are affected with multiple sclerosis and 10 million
with Parkinson’s disease, every year, throughout the world.
Increase in the prevalence of neurological diseases among the
populace, creates a huge need to introduce neurorehab centers and
neurorehabilitation devices to ensure simplification of
normal-routine life and decrease patients’ dependability on others.
Increase in opportunities and demand for neurorehabilitation
devices in the market research industry
Higher incidences of neurological disorders has helped boost the
demand for neurorehabilitation devices over the recent years.
People’s awareness related to health and the increasing investment
in healthcare industry have created a high demand for these devices.
According to Centers for Disease Control and Prevention (CDCP) 2015,
around 130,000 individuals face fatal strokes every year in the
United States. Thus, the increasing need to reduce the incidences of
strokes every year, has resulted in the increasing demand for
neurorehabilitation devices. Large number of people who are affected
by Parkinson’s disease are recorded in regions such as U.S., U.K.,
Finland, Iceland, and Ireland. These regions extensively employ
neurorehabilitation devices, fueling market growth. Additionally, age
plays a critical role in increasing the risk of neurological related
disease. Thus, regions with higher geriatric populations lend immense
opportunities for growth of the neurorehabilitation devices market.
Neurorehabilitation devices such as wearable technology,
nanotechnology, and robotics, primarily work towards improving the
nervous system, in turn reducing disability and increasing ease of
daily functioning of individuals.
Collaboration of key players to make lucrative developments
The major key players of neurorehabilitation devices market are
Bioness, Inc., Ectron Ltd., Hocoma AG, Medtronic, Tyromotion,
Agiliad, Bioxtreme Robotics Rehabilitation, St Jude Medical Inc.,
Alter G Inc., Denecor, Ekso Bionics Holding Inc., Helius, Interactive
Motion Technologies, Kinestica, Kinetic Muscles, Medtronic Plc., and
Neurostyle.
The neurorehabilitation devices market has been segmented on the
basis of products, indication, and geography:
On the basis of products, the neurorehabilitation devices market
is segmented into:
• Wearable Devices
• Brain computer Interface
• Neurorobotic System
• Non-invasive Stimulators
On the basis of indication, the neurorehabilitation devices market
is segmented into:
• Parkinson’s Disease
• Stroke
• Traumatic Brain Injury
• Cerebral Palsy
On the basis of region, the neurorehabilitation devices market is
segmented into North America, Europe, Asia Pacific, Latin America,
Middle East, and Africa.
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In-Depth Analysis Research Report at
https://www.coherentmarketinsights.com/ongoing-insight/neurorehabilitation-devices-market-740
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