Middle East & Africa Neurorehabilitation Devices Market Size & Outlook
Middle East & Africa neurorehabilitation devices market, 2018-2030 (US$M)
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MEA neurorehabilitation devices market highlights
- The MEA neurorehabilitation devices market generated a revenue of USD 64.4 million in 2023.
- The market is expected to grow at a CAGR of 14.7% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 64.4 million |
| Market revenue in 2030 | USD 167.8 million |
| Growth rate | 14.7% (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, MEA region accounted for 3.2% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Neurorehabilitation Devices Market Scope
Neurorehabilitation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 35.4% in 2023. Horizon Databook has segmented the Middle East & Africa 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 prevalence of neurological diseases, such as stroke, is high and still increasing in Africa. There is need for more research for effective management of this disease burden. Due to limited data available, managing neurological disorders has become challenging in the African regions.
Nearly 8,000 stroke cases occurred in the UAE in the year 2015. Stroke is second highest cause of disability in UAE after road accidents. The company Bioxtreme Robotics Rehabilitation is based in Israel and provides upper limb rehabilitation system called as DeXtreme, which is based on error enhancement method.
Lack of infrastructure and defined treatment processes are the major restraints for neurorehabilitation devices market in this region. On the other hand, increasing spending capacity with rising prevalence of these conditions would be the primary driver in the UAE neurorehabilitation market.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa neurorehabilitation devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa neurorehabilitation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA neurorehabilitation devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Neurorehabilitation Devices Market Outlook Share, 2023 & 2030 (US$M)
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