U.S. Neurorehabilitation Devices Market Size & Outlook
U.S. neurorehabilitation devices market, 2018-2030 (US$M)
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U.S. neurorehabilitation devices market highlights
- The U.S. neurorehabilitation devices market generated a revenue of USD 698.5 million in 2023 and is expected to reach USD 1,642.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 13% 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 698.5 million |
| Market revenue in 2030 | USD 1,642.2 million |
| Growth rate | 13% (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, U.S. accounted for 34.9% 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 North America, U.S. neurorehabilitation devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 227.8 million by 2030.
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Neurorehabilitation Devices Market Scope
Neurorehabilitation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 36.09% in 2023. Horizon Databook has segmented the U.S. 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.
More than 130,000 people annually die in the U.S. due to stroke, and it is a leading cause of disability. Furthermore, stroke is accounted as the second largest cause of death, followed by ischemic heart disease.
More than 400,000 people in the U.S. suffer from multiple sclerosis, approximately 60,000 with Parkinson’s disease, and cerebral palsy occurs in 2 to 3 out of 1,000 children. With increasing prevalence and incidence of such neurological disorders in the US, the country promises to be an established market for rehabilitation devices.
The key players of the neurorehabilitation devices market operating in the U.S. are Bioness, Inc.; Ekso Bionics Holdings, Inc.; and Medtronic PLC. These companies provide various kinds of exoskeletons & neurostimulators and other neurorehabilitation products.
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Target buyers of U.S. 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 country-level data and insights on the U.S. neurorehabilitation devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. neurorehabilitation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. neurorehabilitation devices market size, by product, 2018-2030 (US$M)
U.S. Neurorehabilitation Devices Market Outlook Share, 2023 & 2030 (US$M)
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