Neuroprosthetics Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
- Single User License (1 Users) $ 3,200
- Team License (2~5 Users) $ 4,200
- Corporate License (>5 Users) $ 5,200
Introduction
Neuroprosthetics, including motor prosthetics, cochlear implants, cognitive prosthetics, and retinal implants, restore functions for neurological disorders like Parkinson’s (10 million cases), epilepsy (50 million cases), and hearing loss (2.5 billion cases). These devices improve symptoms by 50%-70% and reduce drug dependency by 50%. The market is driven by rising neurological disorders, aging populations, and advancements like brain-computer interfaces (BCIs). The global market is projected to reach between USD 8.5 billion and USD 11.8 billion in 2025, with a CAGR of 9.2% to 12.9% through 2030.
Regional Analysis
North America: The U.S. leads with high Parkinson’s prevalence, while Canada focuses on hearing loss solutions.
Europe: Germany, France, and the UK drive demand due to advanced neurology care.
Asia Pacific: China sees growth from aging populations, while Japan emphasizes cognitive disorders.
Rest of the World: Brazil expands neurology services, and the Middle East invests in prosthetics.
Application Analysis
Motor Neuron Disorders: Expected growth of 9.3%-13.0%, driven by Parkinson’s and SCI. Trends focus on BCIs.
Physiological Disorders: Projected growth of 9.2%-12.9%, linked to hearing loss. Developments emphasize cochlear implants.
Cognitive Disorders: Anticipated growth of 9.4%-13.1%, suited for Alzheimer’s. Advances prioritize DBS.
Type Analysis
Motor Prosthetics: Expected growth of 9.3%-13.0%, valued for mobility. Trends highlight BCI control.
Cochlear Implants: Projected growth of 9.2%-12.9%, key for hearing loss. Advances focus on pediatric use.
Cognitive Prosthetics: Anticipated growth of 9.4%-13.1%, driven by DBS. Innovations emphasize precision.
Retinal Implants: Expected growth of 9.1%-12.8%, suited for blindness. Trends lean toward visual restoration.
Key Market Players
Leading firms include Medtronic, offering DBS systems; Boston Scientific, enhancing neurostimulation; Abbott Laboratories, targeting epilepsy; Cochlear, advancing hearing solutions; LivaNova, focusing on DBS; Sonova, boosting cochlear implants; NeuroPace, supporting epilepsy; Jude Medical, scaling prosthetics; Retina Implant AG, innovating in vision; and BrainGate, pioneering BCIs.
Porter's Five Forces Analysis
Threat of New Entrants: Moderate, due to high R&D and regulatory barriers, though BCI innovators can enter.
Threat of Substitutes: Moderate, as drugs compete, but neuroprosthetics offer unique functional restoration.
Bargaining Power of Buyers: Moderate, with facilities seeking effective, durable devices, though specialized needs limit options.
Bargaining Power of Suppliers: Low, with multiple component providers.
Competitive Rivalry: High, with competition on precision, durability, and BCI integration.
Market Opportunities and Challenges
Opportunities:
Neurological disorders (10 million Parkinson’s, 50 million epilepsy) drive demand.
Aging populations (1.5 billion over 65 by 2050) boost needs, while BCIs and cochlear implants enhance adoption.
Amputations (50 million) increase usage.
Challenges:
High costs of advanced prosthetics limit access in low-income regions.
Regulatory delays for BCIs slow growth.
Limited neurologists in rural areas restrict expansion.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Neuroprosthetics Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Neuroprosthetics Market in North America (2020-2030)
8.1 Neuroprosthetics Market Size
8.2 Neuroprosthetics Market by End Use
8.3 Competition by Players/Suppliers
8.4 Neuroprosthetics Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Neuroprosthetics Market in South America (2020-2030)
9.1 Neuroprosthetics Market Size
9.2 Neuroprosthetics Market by End Use
9.3 Competition by Players/Suppliers
9.4 Neuroprosthetics Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Neuroprosthetics Market in Asia & Pacific (2020-2030)
10.1 Neuroprosthetics Market Size
10.2 Neuroprosthetics Market by End Use
10.3 Competition by Players/Suppliers
10.4 Neuroprosthetics Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Neuroprosthetics Market in Europe (2020-2030)
11.1 Neuroprosthetics Market Size
11.2 Neuroprosthetics Market by End Use
11.3 Competition by Players/Suppliers
11.4 Neuroprosthetics Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Neuroprosthetics Market in MEA (2020-2030)
12.1 Neuroprosthetics Market Size
12.2 Neuroprosthetics Market by End Use
12.3 Competition by Players/Suppliers
12.4 Neuroprosthetics Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Neuroprosthetics Market (2020-2025)
13.1 Neuroprosthetics Market Size
13.2 Neuroprosthetics Market by End Use
13.3 Competition by Players/Suppliers
13.4 Neuroprosthetics Market Size by Type
Chapter 14 Global Neuroprosthetics Market Forecast (2025-2030)
14.1 Neuroprosthetics Market Size Forecast
14.2 Neuroprosthetics Application Forecast
14.3 Competition by Players/Suppliers
14.4 Neuroprosthetics Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Medtronic
15.1.1 Company Profile
15.1.2 Main Business and Neuroprosthetics Information
15.1.3 SWOT Analysis of Medtronic
15.1.4 Medtronic Neuroprosthetics Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Boston Scientific
15.2.1 Company Profile
15.2.2 Main Business and Neuroprosthetics Information
15.2.3 SWOT Analysis of Boston Scientific
15.2.4 Boston Scientific Neuroprosthetics Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Abbott Laboratories
15.3.1 Company Profile
15.3.2 Main Business and Neuroprosthetics Information
15.3.3 SWOT Analysis of Abbott Laboratories
15.3.4 Abbott Laboratories Neuroprosthetics Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Cochlear
15.4.1 Company Profile
15.4.2 Main Business and Neuroprosthetics Information
15.4.3 SWOT Analysis of Cochlear
15.4.4 Cochlear Neuroprosthetics Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 LivaNova
15.5.1 Company Profile
15.5.2 Main Business and Neuroprosthetics Information
15.5.3 SWOT Analysis of LivaNova
15.5.4 LivaNova Neuroprosthetics Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Sonova
15.6.1 Company Profile
15.6.2 Main Business and Neuroprosthetics Information
15.6.3 SWOT Analysis of Sonova
15.6.4 Sonova Neuroprosthetics Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Neuroprosthetics Report
Table Data Sources Of Neuroprosthetics Report
Table Major Assumptions Of Neuroprosthetics Report
Table Neuroprosthetics Classification
Table Neuroprosthetics Applications
Table Drivers Of Neuroprosthetics Market
Table Restraints Of Neuroprosthetics Market
Table Opportunities Of Neuroprosthetics Market
Table Threats Of Neuroprosthetics Market
Table Raw Materials Suppliers
Table Different Production Methods Of Neuroprosthetics
Table Cost Structure Analysis Of Neuroprosthetics
Table Key End Users
Table Latest News Of Neuroprosthetics Market
Table Merger And Acquisition
Table Planned/Future Project Of Neuroprosthetics Market
Table Policy Of Neuroprosthetics Market
Table 2020-2030 North America Neuroprosthetics Market Size
Table 2020-2030 North America Neuroprosthetics Market Size By Application
Table 2020-2025 North America Neuroprosthetics Key Players Revenue
Table 2020-2025 North America Neuroprosthetics Key Players Market Share
Table 2020-2030 North America Neuroprosthetics Market Size By Type
Table 2020-2030 United States Neuroprosthetics Market Size
Table 2020-2030 Canada Neuroprosthetics Market Size
Table 2020-2030 Mexico Neuroprosthetics Market Size
Table 2020-2030 South America Neuroprosthetics Market Size
Table 2020-2030 South America Neuroprosthetics Market Size By Application
Table 2020-2025 South America Neuroprosthetics Key Players Revenue
Table 2020-2025 South America Neuroprosthetics Key Players Market Share
Table 2020-2030 South America Neuroprosthetics Market Size By Type
Table 2020-2030 Brazil Neuroprosthetics Market Size
Table 2020-2030 Argentina Neuroprosthetics Market Size
Table 2020-2030 Chile Neuroprosthetics Market Size
Table 2020-2030 Peru Neuroprosthetics Market Size
Table 2020-2030 Asia & Pacific Neuroprosthetics Market Size
Table 2020-2030 Asia & Pacific Neuroprosthetics Market Size By Application
Table 2020-2025 Asia & Pacific Neuroprosthetics Key Players Revenue
Table 2020-2025 Asia & Pacific Neuroprosthetics Key Players Market Share
Table 2020-2030 Asia & Pacific Neuroprosthetics Market Size By Type
Table 2020-2030 China Neuroprosthetics Market Size
Table 2020-2030 India Neuroprosthetics Market Size
Table 2020-2030 Japan Neuroprosthetics Market Size
Table 2020-2030 South Korea Neuroprosthetics Market Size
Table 2020-2030 Southeast Asia Neuroprosthetics Market Size
Table 2020-2030 Australia Neuroprosthetics Market Size
Table 2020-2030 Europe Neuroprosthetics Market Size
Table 2020-2030 Europe Neuroprosthetics Market Size By Application
Table 2020-2025 Europe Neuroprosthetics Key Players Revenue
Table 2020-2025 Europe Neuroprosthetics Key Players Market Share
Table 2020-2030 Europe Neuroprosthetics Market Size By Type
Table 2020-2030 Germany Neuroprosthetics Market Size
Table 2020-2030 France Neuroprosthetics Market Size
Table 2020-2030 United Kingdom Neuroprosthetics Market Size
Table 2020-2030 Italy Neuroprosthetics Market Size
Table 2020-2030 Spain Neuroprosthetics Market Size
Table 2020-2030 Belgium Neuroprosthetics Market Size
Table 2020-2030 Netherlands Neuroprosthetics Market Size
Table 2020-2030 Austria Neuroprosthetics Market Size
Table 2020-2030 Poland Neuroprosthetics Market Size
Table 2020-2030 Russia Neuroprosthetics Market Size
Table 2020-2030 Mea Neuroprosthetics Market Size
Table 2020-2030 Mea Neuroprosthetics Market Size By Application
Table 2020-2025 Mea Neuroprosthetics Key Players Revenue
Table 2020-2025 Mea Neuroprosthetics Key Players Market Share
Table 2020-2030 Mea Neuroprosthetics Market Size By Type
Table 2020-2030 Egypt Neuroprosthetics Market Size
Table 2020-2030 Israel Neuroprosthetics Market Size
Table 2020-2030 South Africa Neuroprosthetics Market Size
Table 2020-2030 Gulf Cooperation Council Countries Neuroprosthetics Market Size
Table 2020-2030 Turkey Neuroprosthetics Market Size
Table 2020-2025 Global Neuroprosthetics Market Size By Region
Table 2020-2025 Global Neuroprosthetics Market Size Share By Region
Table 2020-2025 Global Neuroprosthetics Market Size By Application
Table 2020-2025 Global Neuroprosthetics Market Share By Application
Table 2020-2025 Global Neuroprosthetics Key Vendors Revenue
Table 2020-2025 Global Neuroprosthetics Key Vendors Market Share
Table 2020-2025 Global Neuroprosthetics Market Size By Type
Table 2020-2025 Global Neuroprosthetics Market Share By Type
Table 2025-2030 Global Neuroprosthetics Market Size By Region
Table 2025-2030 Global Neuroprosthetics Market Size Share By Region
Table 2025-2030 Global Neuroprosthetics Market Size By Application
Table 2025-2030 Global Neuroprosthetics Market Share By Application
Table 2025-2030 Global Neuroprosthetics Key Vendors Revenue
Table 2025-2030 Global Neuroprosthetics Key Vendors Market Share
Table 2025-2030 Global Neuroprosthetics Market Size By Type
Table 2025-2030 Neuroprosthetics Global Market Share By Type
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Neuroprosthetics Picture
Figure 2020-2030 North America Neuroprosthetics Market Size And Cagr
Figure 2020-2030 South America Neuroprosthetics Market Size And Cagr
Figure 2020-2030 Asia & Pacific Neuroprosthetics Market Size And Cagr
Figure 2020-2030 Europe Neuroprosthetics Market Size And Cagr
Figure 2020-2030 Mea Neuroprosthetics Market Size And Cagr
Figure 2020-2025 Global Neuroprosthetics Market Size And Growth Rate
Figure 2025-2030 Global Neuroprosthetics Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |