Neuroprosthetics Market Size, Share, Trends, Industry Analysis Report: By Type, Technology, Application, and Region

Description

List of Tables

The global neuroprosthetics market size is expected to reach USD 61.84 billion by 2034, according to a new study by Polaris Market Research. The report "Neuroprosthetics Market Size, Share, Trends, Industry Analysis Report: By Type (Auditory Prosthetics/Cochlear Implants, Visual Prosthetics/Retinal Implants, Motor Prosthetics, and Cognitive Prosthetics), Technology, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The neuroprosthetics market involves the development of implantable and wearable devices that interact with the nervous system to restore lost sensory, motor, or cognitive functions in individuals with neurological disorders or disabilities.

The neuroprosthetics market is experiencing growth due to increasing incidences of neurological conditions such as Parkinson's disease, epilepsy, and spinal cord injuries, driving demand for advanced neurostimulation and brain-computer interface technologies. Technological advancements, including AI integration, miniaturization, and wireless connectivity, are enhancing device efficiency and patient outcomes.

Rising healthcare investments, favorable regulatory policies, and expanding applications in cognitive and motor disorders present significant neuroprosthetics market opportunities. Additionally, the growing focus on non-invasive neurostimulation and the increasing adoption of auditory and visual prosthetics support market growth.

Neuroprosthetics Market Report Highlights

In 2024, the spinal cord stimulation (SCS) segment led the market, driven by its extensive use in treating chronic pain, providing patients with substantial relief and enhancing their overall well-being.
By application, the motor neuron disorders segment held the largest market share in 2024, with increasing cases of conditions such as amyotrophic lateral sclerosis (ALS) and spinal cord injuries driving demand. Cognitive disorders is the fastest-growing segment, supported by rising research on neuroprosthetic applications for Alzheimer's disease and depression.
North America led the market in 2024 due to high healthcare spending, advanced research, and strong adoption of neuroprosthetic devices. Asia Pacific is the fastest-growing region, driven by improving healthcare infrastructure, increasing neurological disorder cases, and rising investments in medical technology.
The neuroprosthetics market features several key players, including Abbott Laboratories; Blackrock Neurotech; Boston Scientific Corporation; BrainGate; Cochlear Limited; Kernel; LivaNova PLC; MED-EL; Medtronic plc; NeuroPace, Inc.; Paradromics; Precision Neuroscience; SensArs Neuroprosthetics; Sonova Holding AG; ans Synchron.

Polaris Market Research has segmented the neuroprosthetics market report on the basis of type, technology, application, and region:

By Type Outlook (Revenue - USD Billion, 2020-2034)

Auditory Prosthetics/Cochlear Implants
Visual Prosthetics/Retinal Implants
Motor Prosthetics
Cognitive Prosthetics

By Technology Outlook (Revenue - USD Billion, 2020-2034)

Spinal Cord Stimulation (SCS)
Vagus Nerve Stimulation (VNS)
Sacral Nerve Stimulation (SNS)
Deep Brain Stimulation (DBS)

By Application Outlook (Revenue - USD Billion, 2020-2034)

Cognitive Disorders
Motor Neuron Disorders
Physiological Disorders

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM3136

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source

4. Global Neuroprosthetics Market Insights

4.1. Neuroprosthetics Market - Market Snapshot
4.2. Neuroprosthetics Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising prevalence of neurological disorders
  - 4.2.1.2. Technological advancements in neuroprosthetic devices
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Cost of Products
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Neuroprosthetics Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Neuroprosthetics Market, by Typee

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
5.3. Auditory Prosthetics/Cochlear Implants
- 5.3.1. Global Neuroprosthetics Market, by Auditory Prosthetics/Cochlear Implants, by Region, 2020-2034 (USD Billion)
5.4. Visual Prosthetics/Retinal Implants
- 5.4.1. Global Neuroprosthetics Market, by Visual Prosthetics/Retinal Implants, by Region, 2020-2034 (USD Billion)
5.5. Motor Prosthetics
- 5.5.1. Global Neuroprosthetics Market, by Motor Prosthetics, by Region, 2020-2034 (USD Billion)
5.6. Cognitive Prosthetics
- 5.6.1. Global Neuroprosthetics Market, by Cognitive Prosthetics, by Region, 2020-2034 (USD Billion)

6. Global Neuroprosthetics Market, by Technology

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
6.3. Spinal Cord Stimulation (SCS)
- 6.3.1. Global Neuroprosthetics Market, by Spinal Cord Stimulation (SCS), by Region, 2020-2034 (USD Billion)
6.4. Vagus Nerve Stimulation (VNS)
- 6.4.1. Global Neuroprosthetics Market, by Vagus Nerve Stimulation (VNS), by Region, 2020-2034 (USD Billion)
6.5. Sacral Nerve Stimulation (SNS)
- 6.5.1. Global Neuroprosthetics Market, by Sacral Nerve Stimulation (SNS), by Region, 2020-2034 (USD Billion)
6.6. Deep Brain Stimulation (DBS)
- 6.6.1. Global Neuroprosthetics Market, by Deep Brain Stimulation (DBS), by Region, 2020-2034 (USD Billion)

7. Global Neuroprosthetics Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
7.3. Cognitive Disorders
- 7.3.1. Global Neuroprosthetics Market, by Cognitive Disorders, by Region, 2020-2034 (USD Billion)
7.4. Motor Neuron Disorders
- 7.4.1. Global Neuroprosthetics Market, by Motor Neuron Disorders, by Region, 2020-2034 (USD Billion)
7.5. Physiological Disorders
- 7.5.1. Global Neuroprosthetics Market, by Physiological Disorders, by Region, 2020-2034 (USD Billion)

8. Global Neuroprosthetics Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Neuroprosthetics Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Neuroprosthetics Market - North America
- 8.3.1. North America: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
- 8.3.2. North America: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
- 8.3.3. North America: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.3.4. Neuroprosthetics Market - U.S.
  - 8.3.4.1. U.S.: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.3.5. Neuroprosthetics Market - Canada
  - 8.3.5.1. Canada: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
8.4. Neuroprosthetics Market - Europe
- 8.4.1. Europe: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
- 8.4.2. Europe: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
- 8.4.3. Europe: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.4. Neuroprosthetics Market - UK
  - 8.4.4.1. UK: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.5. Neuroprosthetics Market - France
  - 8.4.5.1. France: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.6. Neuroprosthetics Market - Germany
  - 8.4.6.1. Germany: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.7. Neuroprosthetics Market - Italy
  - 8.4.7.1. Italy: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.8. Neuroprosthetics Market - Spain
  - 8.4.8.1. Spain: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.9. Neuroprosthetics Market - Netherlands
  - 8.4.9.1. Netherlands: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.10. Neuroprosthetics Market - Russia
  - 8.4.10.1. Russia: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.4.11. Neuroprosthetics Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
8.5. Neuroprosthetics Market - Asia Pacific
- 8.5.1. Asia Pacific: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.4. Neuroprosthetics Market - China
  - 8.5.4.1. China: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.5. Neuroprosthetics Market - India
  - 8.5.5.1. India: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.6. Neuroprosthetics Market - Malaysia
  - 8.5.6.1. Malaysia: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.7. Neuroprosthetics Market - Japan
  - 8.5.7.1. Japan: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.8. Neuroprosthetics Market - Indonesia
  - 8.5.8.1. Indonesia: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.9. Neuroprosthetics Market - South Korea
  - 8.5.9.1. South Korea: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.10. Neuroprosthetics Market - Australia
  - 8.5.10.1. Australia: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.5.11. Neuroprosthetics Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
8.6. Neuroprosthetics Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.6.4. Neuroprosthetics Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.6.5. Neuroprosthetics Market - UAE
  - 8.6.5.1. UAE: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.6.6. Neuroprosthetics Market - Israel
  - 8.6.6.1. Israel: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.6.7. Neuroprosthetics Market - South Africa
  - 8.6.7.1. South Africa: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.6.8. Neuroprosthetics Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
8.7. Neuroprosthetics Market - Latin America
- 8.7.1. Latin America: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.7.4. Neuroprosthetics Market - Mexico
  - 8.7.4.1. Mexico: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.7.5. Neuroprosthetics Market - Brazil
  - 8.7.5.1. Brazil: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.7.6. Neuroprosthetics Market - Argentina
  - 8.7.6.1. Argentina: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)
- 8.7.7. Neuroprosthetics Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Neuroprosthetics Market, by Typee, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Neuroprosthetics Market, by Technology, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Neuroprosthetics Market, by Application, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Abbott Laboratories
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Blackrock Neurotech
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Boston Scientific Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. BrainGate
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Cochlear Limited
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Kernel
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. LivaNova PLC
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. MED-EL
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Medtronic plc
10.10. Company Overview
10.11. Financial Performance
10.12. Product Benchmarking
10.13. Recent Development
10.14. NeuroPace, Inc.
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development