Asia Pacific Neurorehabilitation Devices Market Size & Outlook
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Asia Pacific neurorehabilitation devices market highlights
- The Asia Pacific neurorehabilitation devices market generated a revenue of USD 438.3 million in 2023.
- The market is expected to grow at a CAGR of 15.5% 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, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 438.3 million |
| Market revenue in 2030 | USD 1,202.4 million |
| Growth rate | 15.5% (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, Asia Pacific region accounted for 21.9% 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 |
|---|---|---|---|---|
| Bioceres Crop Solutions Corp | View profile | 790 | Ocampo 210 Bis, Predio CCT, Province of Santa Fe, Rosario, Argentina, 2000 | https://www.biocerescrops.com |
| Bionik Laboratories Corp | View profile | 12 | 80 Coolidge Hill Road, Watertown, MA, United States, 02472 | https://www.bioniklabs.com |
| Kinovo PLC | View profile | 235 | 201 Temple Chambers, 3–7 Temple Avenue, London, United Kingdom, EC4Y 0DT | https://www.kinovoplc.com |
| IDEX Biometrics ASA | View profile | 99 | Dronning Eufemias gate 16, Fornebu, Oslo, Norway, 0191 | https://www.idexbiometrics.com |
| Tokyo Electron Ltd | View profile | 17204 | Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, Japan, 107-6325 | http://www.tel.co.jp |
| Bioventus Inc Class A | View profile | 995 | 4721 Emperor Boulevard, Suite 100, Durham, NC, United States, 27703 | https://www.bioventus.com |
| Ekso Bionics Holdings Inc | View profile | 72 | 101 Glacier Point, Suite A, San Rafael, CA, United States, 94901 | https://www.eksobionics.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Asia Pacific 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 35.66% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia pacific region is likely to witness more opportunities in terms of growth for the neurorehabilitation market. Although there are no established key players in the Asian market, the increase in patients with neurological disorders & technological advancements are resulting in increased scope for key market players to venture into this market.
Data for this region is sparse as Asia Pacific region mainly includes developing countries. Epidemiology of neurological disorders is poorly understood in Asian countries as compared to North America and European countries.
Large sections of population, especially in rural areas, in APAC countries are deprived of basic and proper medical facilities, making it difficult for diagnosis of neurological disorders. Furthermore, one of the prominent growth factors for this market is the increase in neurological disorder cases is the increasing older population in Asia Pacific region.
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Target buyers of Asia Pacific 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 Asia Pacific neurorehabilitation devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific neurorehabilitation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific neurorehabilitation devices market size, by country, 2018-2030 (US$M)
Asia Pacific Neurorehabilitation Devices Market Outlook Share, 2023 & 2030 (US$M)
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