Discover trends, market shifts, and competitive outlooks for the neurorehabilitation devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Has The Neurorehabilitation Devices Market Size Shifted, And What Is the Outlook Through 2034?

In recent times, there has seen a swift expansion in the neurorehabilitation devices market. The market, which was valued at $1.85 billion in 2024, is forecasted to reach $2.07 billion in 2025, projecting a compound annual growth rate (CAGR) of 11.9%. Factors such as an increase in the aging population, the widespread nature of neurodegenerative diseases, rising public awareness, regulatory sanctions, and advancements in research and development are credited with this growth observed in the past period.

In the coming few years, significant expansion is predicted for the neurorehabilitation devices market. Its value is expected to escalate to $3.21 billion by 2029, with an 11.6% compound annual growth rate (CAGR). The anticipated expansion during the forecast period is traced back to factors like burgeoning healthcare expenditure, enhanced educational levels among healthcare workers, development in telemedicine, proliferation of specialty clinics, and improved patient results. Key trends to watch during this forecast period encompass technological evolution, incorporation of robotics and artificial intelligence in neurorehabilitation devices, the emergence of wearable neurorehabilitation gadgets, as well as real-time data that enables ongoing monitoring.

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What Are the Core Market Drivers Propelling Growth in the Neurorehabilitation Devices Industry?

The neurorehabilitation devices market is foreseen to expand due to the escalating occurrence of neurological disorders. Various factors contribute to the surging cases of these diseases such as growing older population, enhanced diagnostic procedures, heightened awareness and concerns pertaining to stress and mental health. Neurorehabilitation devices provide a helping hand in treating these diseases by recovering motor, cognitive, and sensory functions via specific therapies and stimulation. The World Federation of Neurology, a UK-based representatives of global neurology and neurologists, reported in October 2023 that above 40% of the global population are presently dealing with some sort of neurological problems, with an expectation that this figure will almost double by 2050. Furthermore, as per the UK Parliament’s statistics from September 2021, about one in six people in the UK suffer from a minimum of one neurological disorder, with approximately 600,000 people diagnosed each year. Hence, the accelerating occurrence of neurological diseases is fueling the expansion of the neurorehabilitation devices market.

How Is the Neurorehabilitation Devices Market Segmented?

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 Regions Are Driving the Next Phase of the Neurorehabilitation Devices Market Growth?

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.

Which Technological Trends Are Reshaping the Neurorehabilitation Devices Industry Dynamics?

Leading firms in the neurorehabilitation devices market are prioritizing the creation of novel products, including hyper-sensitive controllers that increase exactness and patient engagement during rehabilitation therapies. In this context, a hyper-sensitive controller is a component or system constructed to react highly sensitively to movements, intentions or neural signals of a user. For example, in February 2023, MindMaze, a Swiss firm focused on digital neurotherapeutic (DTx) solutions, introduced Izar, a cutting-edge smart peripheral device specifically designed to improve hand motor functionalities in patients with neurological disorders like stroke and Parkinson’s disease. This advanced, mobile device augments hand flexibility and power by precisely recognizing fine grasp forces and wrist maneuvers, fostering exact training and assessment. Izar meets a crucial requirement in neurological rehabilitation by offering both in-clinic and personal home-based training.

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How Is the Neurorehabilitation Devices Market Defined and What Are Its Core Parameters?

Neurorehabilitation devices refer to specialized tools and equipment designed to assist in the rehabilitation of individuals with neurological disorders or injuries. These devices aim to restore or improve functions that have been impaired due to conditions such as stroke, traumatic brain injury, spinal cord injury, multiple sclerosis, or other neurological diseases.

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