2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theNeurorehabilitation Devices Market?

The escalation of neurological diseases is anticipated to drive the growth of the neurorehabilitation devices market in the future. The upswing in instances of neurological diseases can be attributed to a variety of factors including an aging population, advancements in diagnostics, heightened awareness, and issues related to stress and mental health. Neurorehabilitation devices are employed to assist in managing neurological diseases by aiding in the recovery of motor, cognitive, and sensory functions through precise therapies and stimulation. As an illustration, the World Federation of Neurology, a UK-based organization that represents neurology and neurologists globally, noted in October 2023 that over 40% of the global population is currently dealing with some form of neurological condition, a figure expected to almost double by 2050. Furthermore, in September 2021, the UK Parliament, a governing body based in the UK, reported that approximately one in six people in the UK have a neurological condition, with an estimated 600,000 new diagnoses each year. Hence, the growing prevalence of neurological diseases is fuelling the expansion of the neurorehabilitation devices market.

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#What Long-Term Growth Rate is Expected for theNeurorehabilitation Devices Market Between 2025 and 2034?

In recent years, the neurorehabilitation devices market has seen significant expansion. Projected growth is from $1.85 billion in 2024 to $2.07 billion in 2025, with a compound annual growth rate (CAGR) of 11.9%. Factors contributing to this historical growth include an aging population, an increase in neurodegenerative diseases, heightened awareness, regulatory approvals, and advancements in research and development.

In the upcoming years, the market size of neurorehabilitation devices is predicted to experience a swift surge. This growth is expected to reach $3.21 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 11.6%. The surge within the forecast period is likely due to factors such as increased healthcare expenditure, enhanced learning amongst healthcare professionals, the rise of telemedicine, expansion of specialty clinics, and improved patient results. Major predicted trends for the forecast period include cutting-edge technology, application of artificial intelligence and robotics in neurorehabilitation devices, the emergence of wearable neurorehabilitation devices, and the ability to gather real-time data allowing for uninterrupted monitoring.

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What Key Market Trends and Innovations Are Shaping the Future of theNeurorehabilitation Devices Industry?

Leading players in the neurorehabilitation devices market are putting their efforts towards creating breakthrough products, such as hyper-sensitive controllers that elevate precision and patient involvement during rehabilitation procedures. To put it simply, a hyper-sensitive controller denotes a part or system that has been engineered to register high sensitivity to user actions, intentions, or neuron-based signals. As an example, in February 2023, MindMaze, a pioneer in the field of digital neurotherapeutics based in Switzerland, introduced Izar, a state-of-the-art smart peripheral piece of equipment intended to improve the motor function of hands in patients suffering from neurological disorders such as stroke or Parkinson’s disease. This sophisticated mobile device boosts hand agility and power by flawlessly identifying delicate grasp actions and movements of the wrist, facilitating meticulous training and evaluation. Izar is designed to support both in-clinic and at-home self-training, responding to an important requirement in the domain of neurological rehab.

Which Companies Are Leading the Charge in Expanding theNeurorehabilitation Devices Market Growth?

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

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How is the Global Neurorehabilitation Devices Market Segemented?

The neurorehabilitation devices market covered in this report is segmented –

1) By Product: Neurorobotics, Brain-Computer Interface, Wearable Devices, Non-Invasive Stimulators, Other Products

2) By Application: Stroke, Parkinson’s Disease, Brain And Spinal Cord Injury, Cerebral Palsy, Multiple Sclerosis, Other Applications

3) By End User: Rehabilitation Centers, Hospitals And Clinics, Home Care, Other End Users

Subsegments:

1) By Neurorobotics: Robotic Exoskeletons, Robotic Rehabilitation Devices, Assistive Robots For Gait Training

2) By Brain-Computer Interface: Invasive Brain-Computer Interfaces, Non-Invasive Brain-Computer Interfaces, Hybrid Brain-Computer Interfaces

3) By Wearable Devices: Smart Gloves, Smart Sensors, Exosuits and Wearable Robotics

4) By Non-Invasive Stimulators: Transcranial Magnetic Stimulation (TMS) Devices, Transcranial Direct Current Stimulation (tDCS) Devices, Functional Electrical Stimulation (FES) Devices

5) By Other Products: Virtual Reality Rehabilitation Systems, Software Platforms For Neurorehabilitation, Cognitive Training Devices

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Which Geographics are Influencing the Growth of the Neurorehabilitation Devices Market?

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.

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