Latin America Neurorehabilitation Devices Market Size & Outlook
Latin America neurorehabilitation devices market, 2018-2030 (US$M)
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Latin America neurorehabilitation devices market highlights
- The Latin America neurorehabilitation devices market generated a revenue of USD 145.3 million in 2023.
- The market is expected to grow at a CAGR of 14.8% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 145.3 million |
| Market revenue in 2030 | USD 382.6 million |
| Growth rate | 14.8% (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, Latin America region accounted for 7.3% 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 |
|---|
Latin America 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 35.72% in 2023. Horizon Databook has segmented the Latin America 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.
The neurorehabilitation devices market in Latin America is expected to witness an upward shift due to increasing prevalence of neurological disorders. Increasing disposable income, growing patient awareness about disease management, and high unmet needs in neurorehabilitation are some of the driving factors for this regional market.
The neurorehabilitation devices market in Latin America is expected to witness an upward shift due to increasing prevalence of neurological disorders. Increasing disposable income, growing patient awareness about disease management, and high unmet needs in neurorehabilitation are some of the driving factors for this regional market.
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Target buyers of Latin America 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 Latin America neurorehabilitation devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America neurorehabilitation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America neurorehabilitation devices market size, by country, 2018-2030 (US$M)
Latin America Neurorehabilitation Devices Market Outlook Share, 2023 & 2030 (US$M)
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