Neuroscience Market: Global Industry Analysis and Forecast (2021-2027), Key Trends, COVID-19 Trends, Sales Volume, Market Share, Market Size.

Global Neuroscience Market size is expected to grow from US$ 30.30 Bn. in 2020 to US$ 37.01 Bn. by 2027, growing at a CAGR of 2.9% through 2021 to 2027. North America region leads the Neuroscience Market by 2027.

Global Neuroscience Market Overview:

The Global Neuroscience market was valued at US $30.30 Bn. in 2020, and it is expected to reach US $37.01 Bn. by 2027 with a CAGR of 2.9% during the forecast period. Neuroscience is involved with assessing and imaging brain function and is concerned with the study of the nervous system. The study of the nervous system's molecular, cellular, developmental, structural, functional, evolutionary, computing, psychological, and pharmaceutical components is referred to as neuroscience. Global Neuroscience Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Neuroscience Market Dynamics:

The Global Neuroscience Market is being driven by the rising prevalence of various neurological diseases around the world. Increasing cases of neurological disorders like Alzheimer's, Parkinson's, and other dementias are expected to move the neuroscience market forward over the forecasted period. In 2015, according to Alzheimer's Disease International (ADI), there were 4.9 million new dementia cases in Asia, 2.5 million in Europe, 1.7 million in the Americas, and 0.8 million in Africa, according to the World Alzheimer Report. According to the World Health Organization, dementia cases surpassed 50 million in September 2019, with over 10 million new cases added each year. Increased government spending on healthcare infrastructure in developed countries is projected to boost the growth of the neuroscience market. Overall healthcare costs in North America are expected to climb by 4.6% each year on average throughout the forecast period, according to the Centers for Medicare and Medicaid Services. A variety of projects are underway in the healthcare community to advance brain-related research and development. The constant launch of novel treatments by leading companies to combat various neurological ailments is expected to enhance the market's growth. GE Healthcare debuted the Signa Premier in the United States in August 2017. It's a new 3.0T broad bore magnetic resonator. Acquisitions and collaborations between leading manufacturers with a diverse product portfolio and unique technology specialized in and compatible with diagnostic applications are projected to boost the market growth. To improve its software business, Koninklijke Philips N.V. partnered with TomTec Imaging Systems GmbH (TOMTEC), a prominent developer of intelligent image analysis tools, in July 2017. Optogenetics' improved imaging and neuron stimulation precision is moving the global neuroscience market forward.

Global Neuroscience Market Segment Analysis:

Based on the Technology, the market is segmented into Brain Imaging, Neuro Microscopy, Electrophysiology, Neuroproteomic Analysis, and Others. The brain imaging segment is expected to hold the largest market share of xx% by 2027. Imaging machines, intraneural imaging tools, and other neuroscience devices are expected to dominate the neuroscience market over the forecast period. Increased R&D activities, together with new technology in brain mapping and other neurological investigations, are expected to result in a better understanding of neuron activity, which would help the market grow. Magnetic resonance imaging (MRI) is a cutting-edge diagnostic imaging and neurological research tool (MRI). MRI can also be used to detect issues, monitor degenerative disorders such as multiple sclerosis, and document brain lesions following a traumatic event. Global Neuroscience Market Based on the Component, the market is segmented into Instruments and Consumables, and Software and Services. The instruments and consumables segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. As research institutes are increasing their investments in this sector, the segment is expected to grow significantly throughout the forecast period. Neuroscience includes a variety of equipment such as optogenetics, electrophysiology, microscopy, and magnetic resonance imaging (MRI). The extensive use of these in the diagnosis of a variety of neurological illnesses has resulted in significant market growth.

Global Neuroscience Market Regional Insights:

North America dominates the Global Neuroscience market during the forecast period 2021-2027. North America is expected to hold the largest market share of 35% by 2027. This is due to the availability of sophisticated healthcare systems, the presence of neuroscience-based research institutions, and the rising prevalence of neurological ailments in the region. According to the Centers for Disease Control and Prevention (CDC), stroke kills roughly 140,000 Americans each year, accounting for one out of every 20 deaths. As a result of the increased demand for neuroimaging devices and expanded research activity in the field of neuroscience, the market in North America is developing. These are the key factor that is expected to boost the growth of the North America region in the global Neuroscience market during the forecast period 2021-2027. Asia Pacific is expected to grow rapidly at a CAGR of 7.0% during the forecast period 2021-2027. Due to the region's continually improving healthcare system and the presence of a big target population, Asia Pacific is expected to be the fastest-growing regional market. In August 2017, the "HUST-Suzhou Institute for Brainsmatics" in Suzhou, China, launched. It's a brain-imaging factory with 50 automated brain-mapping machines, as compared to one or two in other labs.Global Neuroscience MarketThe objective of the report is to present a comprehensive analysis of the Global Neuroscience Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Neuroscience Market dynamic, structure by analyzing the market segments and project the Global Neuroscience Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Neuroscience Market make the report investor’s guide.

Global Neuroscience Market Scope: Inquire before buying

Global Neuroscience Market

Global Neuroscience Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Neuroscience Market Key Players

Doric Lenses • GE Healthcare • Siemens Healthineers • Laserglow Technologies • Mightex Systems • NEURALINK • Kernel • BrainCo, Inc. • MindMaze • Paradromics • NeuroPro • NeuroSky • EMOTIV • Cercare Medical A/S • Plexon, Inc. • Noldus Information Technology bv • Femtonics Ltd. • Neuralynx Frequently Asked Questions: 1] What segments are covered in Global Neuroscience Market report? Ans. The segments covered in Global Neuroscience Market report are based on Technology, Component, and End Users. 2] Which region is expected to hold the highest share in the Global Neuroscience Market? Ans. North America is expected to hold the highest share in the Global Neuroscience Market. 3] Who are the top key players in the Global Neuroscience Market? Ans. Doric Lenses, GE Healthcare, Siemens Healthineers, Laserglow Technologies, Mightex Systems, and NEURALINK are the top key players in the Global Neuroscience Market. 4] Which segment holds the largest market share in the Global Neuroscience market by 2027? Ans. Brain Imaging Technology segment holds the largest market share in the Global Neuroscience market by 2027. 5] What is the market size of the Global Neuroscience market by 2027? Ans. The market size of the Global Neuroscience market is US $ 37.01 Bn. by 2027. 6] What was the market size of the Global Neuroscience market in 2020? Ans. The market size of the Global Neuroscience market was worth US $ 30.30 Bn. in 2020.
1. Global Neuroscience Market: Research Methodology 2. Global Neuroscience Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Neuroscience Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Neuroscience Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Neuroscience Market Segmentation 4.1 Global Neuroscience Market, by Technology (2020-2027) • Brain Imaging • Neuro Microscopy • Electrophysiology • Neuroproteomic Analysis • Others 4.2 Global Neuroscience Market, by Component (2020-2027) • Instruments and Consumables • Software and Services 4.3 Global Neuroscience Market, by End Users (2020-2027) • Hospitals • Diagnostic Laboratories • Research and Academic Institutes • Others 5. North America Neuroscience Market(2020-2027) 5.1 Global Neuroscience Market, by Technology (2020-2027) • Brain Imaging • Neuro Microscopy • Electrophysiology • Neuroproteomic Analysis • Others 5.2 Global Neuroscience Market, by Component (2020-2027) • Instruments and Consumables • Software and Services 5.3 Global Neuroscience Market, by End Users (2020-2027) • Hospitals • Diagnostic Laboratories • Research and Academic Institutes • Others 5.4 North America Neuroscience Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Neuroscience Market (2020-2027) 6.1. Asia Pacific Neuroscience Market, by Technology (2020-2027) 6.2. Asia Pacific Neuroscience Market, by Component (2020-2027) 6.3. Asia Pacific Neuroscience Market, by End Users (2020-2027) 6.4. Asia Pacific Neuroscience Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Neuroscience Market (2020-2027) 7.1 Middle East and Africa Neuroscience Market, by Technology (2020-2027) 7.2. Middle East and Africa Neuroscience Market, by Component (2020-2027) 7.3. Middle East and Africa Neuroscience Market, by End Users (2020-2027) 7.4. Middle East and Africa Neuroscience Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Neuroscience Market (2020-2027) 8.1. Latin America Neuroscience Market, by Technology (2020-2027) 8.2. Latin America Neuroscience Market, by Component (2020-2027) 8.3. Latin America Neuroscience Market, by End Users (2020-2027) 8.4. Latin America Neuroscience Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Neuroscience Market (2020-2027) 9.1. European Neuroscience Market, by Technology (2020-2027) 9.2. European Neuroscience Market, by Component (2020-2027) 9.3. European Neuroscience Market, by End Users (2020-2027) 9.4. European Neuroscience Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Doric Lenses 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. GE Healthcare 10.3. Siemens Healthineers 10.4. Laserglow Technologies 10.5. Mightex Systems 10.6. NEURALINK 10.7. Kernel 10.8. BrainCo, Inc. 10.9. MindMaze 10.10. Paradromics 10.11. NeuroPro 10.12. NeuroSky 10.13. EMOTIV 10.14. Cercare Medical A/S 10.15. Plexon, Inc. 10.16. Noldus Information Technology bv 10.17. Femtonics Ltd. 10.18. Neuralynx

About This Report

Report ID 102545
Category Healthcare
Published Date May 2021
Updated Date Nov 2021
Contact Us