Neurorehabilitation Devices Market to Advance at CAGR of 12.5%, Novel Approaches in Gamification through VR to Offer Lucrative Opportunities, Says TMR

- Advancements in non-invasive brain machine interfaces for stroke patients generating massive revenue stream

- Companies integrating robotics in neurorehabilitation to capture substantive revenue gains in neurorehabilitation devices market

ALBANY, N.Y., Jan. 24, 2022 /PRNewswire/ -- Advancements in methods notably FES (functional electrical stimulation) have driven new opportunities in disabling brain disorders particularly in stroke and traumatic brain injury. Gamification are increasingly underpinning advances in neurorehabilitation especially for promoting neuro-motor recovery. A case in point is use of virtual reality (VR) in gamification. The valuation of the neurorehabilitation devices market is projected to reach US$ 3.2 Bn by 2027.

Virtual reality technology and robotic neurorehabilitation have opened a promising avenue for the target population. A number of endpoint robots for the upper extremity rehabilitation have been commercialized, and thus have augmented the revenue sales in the neurorehabilitation devices market.

Request Brochure of Neurorehabilitation Devices Market Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12791

Extensive research on neural interfaces and multimodal rehabilitative approaches are expected to pave the way to new revenue streams in the neurorehabilitation devices market. Companies are collaborating with neuroscientists to test new strategies in neurorehabilitation, concurs the TMR study.

Key Findings of Neurorehabilitation Devices Market Study

• Brain & Spinal Cord Injury Application to Witness Colossal Growth Opportunities: Numerous non-invasive brain stimulation techniques have proved to be useful in stroke rehabilitation. The uptake of neurological devices notably those based on new multi-electrode stimulation has bolstered the revenue growth, finds the TMR study on the neurorehabilitation devices market. New leaning approaches have opened up vast promise for patients recovering for spinal cord injuries, especially by facilitating recovery of voluntary limb movements. 
• Demand for Robotic Neurorehabilitation Devices to Open Value-grab Opportunities: Companies in the neurorehabilitation devices market are leaning on to improve training modalities in robotic devices. Robots are gathering traction among patients in post-stroke rehabilitation. The high applicability to rehabilitation notably in patients with chronic stroke is expected to extend the revenue potential. Non-invasive brain machine interfaces and innovative computational motor learning technique integrated with robots are expanding the options for a range of motor impairment, thus offering massive revenue gains to players in the neurorehabilitation devices market. A number of exoskeletal systems are being adopted for speeding up limb recovery.

Request for Analysis of COVID-19 Impact on Neurorehabilitation Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=12791

Neurorehabilitation Devices Market: Key Drivers

• The need for non-invasive interventions for rehabilitate motor and cognitive recovery for a wide spectrum of patients is a key driver of the neurorehabilitation market. A rapidly aging population (people aged 65 and above) has propelled technological strides in neurorehabilitation.
• The global burden of neurological disorders and injuries has spurred R&D in therapeutic approaches for neurorehabilitation. Cerebral-vascular diseases such as stroke have a high DALY (disability-adjusted life years) burden worldwide.

Neurorehabilitation Devices Market: Regional Growth Dynamics

Players are leveraging the synergies of in-licensing and collaboration agreements to unveil innovative products in North America and Europe, assert the analysts scrutinizing lucrative market avenues in the TMR report. The opportunities in the neurorobotic systems and brain stimulators are anticipated to rise rapidly in the next few years, assert the TMR study on the neurorehabilitation devices market.

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=12791

North America held a major share of the global neurorehabilitation devices market in 2018. The revenue growth was propelled by the prevalence of various neurological disorders and widespread demand for the products in traumatic brain injuries. The U.S. is projected to contribute sizable revenue shares of the North America neurorehabilitation devices market during the forecast period (2019–2027). The TMR study estimates the U.S. market to advance at a CAGR of approximately 13% during the period. The adoption of safe neurorehabilitation products is propelling the growth of the market.

Aside from these, the Middle East, Africa, and Latin America are expected to be provide new avenues for companies in the neurorehabilitation devices market during the forecast period.

Neurorehabilitation Devices Market: Key Players

Some of the key players in the market are DIH Technologies Corporation, Medtronic plc, Reha Technology AG, Boston Scientific Corporation, Tyromotion GmbH, ReWalk Robotics, Neuro Device Group S.A., Saebo, Inc., Neurostyle Pte Ltd, DIH Technologies Corporation, Ekso Bionics, and Bionik Laboratories Corp.

Buy Neurorehabilitation Devices Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=12791&ltype=S

Neurorehabilitation Devices Market, by Product

• Neurorobotic Systems
• Wearable Devices
• Brain-computer Interface
• Brain Stimulators
• Non-invasive Stimulators
• Invasive Stimulators

Neurorehabilitation Devices Market, by Application

• Stroke
• Parkinson's Disease
• Multiple Sclerosis
• Cerebral Palsy
• Brain & Spinal Cord Injury
• Others

Neurorehabilitation Devices Market, by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australia & New Zealand
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Neuroscience Market: Neuroscience market was valued at US$ 28.5 Bn in 2020 and is projected to expand at a CAGR of 4% from 2021 to 2031. Increase in patient population with neurological disorders such as dementia, Alzheimer's disease, and Parkinson's disease and advancements in the field of neuro-technology and neuroscience are anticipated to drive the global neuroscience market from 2021 to 2031.

Teleradiology Services Market: The global teleradiology services market was valued over US$ 6.4 Bn in 2020. It is projected to expand at a CAGR of 11% from 2021 to 2031. Shortage of radiologists globally, rise in number of specialty modalities, increase in global geriatric population, and technological advancements in teleradiology are estimated to propel the global teleradiology services market.

Central Lab Market: Central lab market was valued over US$ 2.4 Bn in 2019 and is projected to expand at a CAGR of ~6% from 2020 to 2030. Central labs are designed to provide services for supporting clinical trials for upcoming drugs, genetic testing services for various genetic diseases such as Parkinson's, Alzheimer's, sickle cell anemia, and microbiology testing services such as testing the kinetics and growth of different microbes.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Browse PR - https://www.transparencymarketresearch.com/pressrelease/neurorehabilitation-devices-market.htm

Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg