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The ‘Global Neurorehabilitation Devices Market Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global neurorehabilitation devices market, assessing the market on the basis of its segments like products, therapy areas, and major regions.
The increasing demand for neurorehabilitation devices across healthcare units and the rising hospitalisation rates due to acquired brain injury and critical spinal cord conditions, are driving the market growth. The increasing geriatric population along with the surge in neuromuscular conditions are also bolstering the neurorehabilitation devices market growth.
Over the forecast period, the advancements in therapeutic techniques, along with the modern non-invasive treatment approaches being adopted by neuropsychologists are anticipated to propel the sales of neurorehabilitation devices in clinics, hospitals, and ambulatory surgical centres. Meanwhile, the dramatic increase in the cases of stroke, which is mainly caused by the growing prevalence of diabetes, high blood pressure, and heart-related diseases, is leading to a heightened dependance on neurorehabilitation devices.
According to World Stroke Organisation, the number of deaths due to stroke will climb to around 6.7 million people annually . The sedentary lifestyles led by the working-class population, increasing number of millennials inclined towards sporting activities, and increasing awareness about neurological disorders such as Sclerosis and Parkinson’s disease, among others, are some of the major factors offering lucrative growth opportunities to the global neurorehabilitation devices market.
In terms of region, North America accounts for a significant share in the market owing to the advanced healthcare infrastructure present across strong economies such as the United States of America. In addition, the strong foothold of major market players in the region is a crucial driving factor leading to progressive product innovations.
Meanwhile, the Asia Pacific region is anticipated to project strong numbers in terms of market growth owing to the large population base across emerging economies such as India and China. The neurorehabilitation devices market is further anticipated to be influenced positively by the increasing prevalence of neurological disorders in the region, coupled with the increasing health awareness among the people of these countries.
Neurorehabilitation Devices Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/neurorehabilitation-devices-market/requestsample The key highlights of the report include: Market Overview (2018-2028) Forecast CAGR (2023-2028): 12.1%Report Attribute | Details |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Base Year | 2022 |
Growth Rate CAGR | 12.1% |
Major Players | Biometrics Ltd, Kinestica d.o.o., Ectron Ltd, BIONIK Laboratories Corp., and Ekso Bionics, among others |