Europe Neurorehabilitation Devices Market Size & Outlook
Europe neurorehabilitation devices market, 2018-2030 (US$M)
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Europe neurorehabilitation devices market highlights
- The Europe neurorehabilitation devices market generated a revenue of USD 571.4 million in 2023.
- The market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
- In terms of segment, neurorobotics was the largest revenue generating product in 2023.
- Wearable devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 571.4 million |
| Market revenue in 2030 | USD 1,354.9 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | Neurorobotics |
| Fastest growing segment | Wearable devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurorobotics, Brain-computer interface, Wearable devices, Non-invasive Stimulators |
| Key market players worldwide | Bioventus Inc Class A, Tokyo Electron Ltd, Medtronic PLC, IDEX Biometrics ASA, Bionik Laboratories Corp, Bioceres Crop Solutions Corp, Ekso Bionics Holdings Inc, Kinovo PLC, Abbott Laboratories |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.6% of the global neurorehabilitation devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,202.4 million by 2030.
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Neurorehabilitation Devices Market Scope
Neurorehabilitation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe neurorehabilitation devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neurorehabilitation devices market will help companies and investors design strategic landscapes.
Neurorobotics was the largest segment with a revenue share of 36.28% in 2023. Horizon Databook has segmented the Europe neurorehabilitation devices market based on neurorobotics, brain-computer interface, wearable devices, non-invasive stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is the second largest market for neurorehabilitation devices after North America. In Europe, stroke is one of the leading causes of deaths. Around 8.2 million people are affected every year according to The European Brain Council.
The Europeans have the highest risk of developing multiple sclerosis with almost 0.5 million people suffering from it. According to The European Council Study conducted in 2011, brain disorders, including neurological diseases, resulted in a financial burden on the European economy. The major contributors in this region are UK and Germany.
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Target buyers of Europe neurorehabilitation devices market databook
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Our clientele includes a mix of neurorehabilitation devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe neurorehabilitation devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe neurorehabilitation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe neurorehabilitation devices market size, by country, 2018-2030 (US$M)
Europe Neurorehabilitation Devices Market Outlook Share, 2023 & 2030 (US$M)
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