UK Neurorehabilitation Devices Market Size & Outlook
UK neurorehabilitation devices market, 2018-2030 (US$M)
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UK neurorehabilitation devices market highlights
- The UK neurorehabilitation devices market generated a revenue of USD 57.9 million in 2023 and is expected to reach USD 142.7 million by 2030.
- The UK market is expected to grow at a CAGR of 13.8% 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.
Neurorehabilitation devices market data book summary
| Market revenue in 2023 | USD 57.9 million |
| Market revenue in 2030 | USD 142.7 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Neurorobotics |
| Fastest growing segment | Wearable devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 2.9% of the global neurorehabilitation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany neurorehabilitation devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 142.7 million by 2030.
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Neurorehabilitation Devices Market Scope
Neurorehabilitation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 36.27% in 2023. Horizon Databook has segmented the UK 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.
In the UK, stroke is the third largest cause of death, with around 150,000 people suffering from this condition. The brain injuries caused by stroke are responsible for movement disabilities among patients. According to Multiple Sclerosis Society of the UK, more than 100,000 people are currently suffering from multiple sclerosis.
Parkinson’s disease affects around 127,000 people each year, and it is expected to increase by 28% by the year 2020, according to the Parkinson’s Disease Society of the UK. The key companies in the UK are Biometrics and Ectron.
The market players are implementing several strategic initiatives to ensure sustainability in this European market. For instance, Ectron Ltd. has collaborated with an Austria-based company, Tyromotion, to expand its distribution in the European region.
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Target buyers of UK 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK neurorehabilitation devices market , including forecasts for subscribers. This country databook contains high-level insights into UK neurorehabilitation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK neurorehabilitation devices market size, by product, 2018-2030 (US$M)
UK Neurorehabilitation Devices Market Outlook Share, 2023 & 2030 (US$M)
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