The Business Research Company’s Neurological Biomarkers Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Neurological Biomarkers Global Market Report 2023 evaluates neurological biomarkers market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global neurological biomarkers market is expected to grow from $8.40 billion in 2022 to $9.46 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The neurological biomarkers market is expected to reach $15.07 billion in 2027 at a CAGR of 12.3%.
The increasing prevalence of neurological diseases is expected to propel the growth of the neurological biomarker market going forward. Neurological illnesses affect the brain, spinal cord, and all of the body’s other nerves. Parkinson’s disease is a neurodegenerative disorder affecting the neurological system and the areas of the body that are under the control of the nerves. Neurological biomarkers help provide an early diagnosis of Parkinson’s disease using pathological, biochemical, and genetic testing. For instance, in December 2022, according to the Parkinson’s Foundation, a US-based non-profit organization, the number of new diagnoses of Parkinson’s disease reached 90,000 in 2022, up from 60,000 per year in 2021. Therefore, the increasing prevalence of neurological diseases is driving the growth of the neurological biomarker market.
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The neurological biomarkers market segments in the report are:
1) By Product: Proteomics Biomarker, Genomics Biomarker, Metabolomics Biomarker, Imaging Biomarker, Other Products
2) By Application: Alzheimer’s Disease, Parkinson’s Disease, Huntington’s Disease, Schizophrenia, Depression, Multiple Sclerosis, Spinal Muscular Atrophy
3) By End-User: Hospital Laboratories, Clinical Diagnostic Centers, Research Organizations, Other End-Users
The table of contents in TBRC’s neurological biomarkers market report includes:
- Executive Summary
- Neurological Biomarkers Market Characteristics
- Neurological Biomarkers Market Trends And Strategies
- Neurological Biomarkers Market – Macro Economic Scenario
- Neurological Biomarkers Market Segmentation
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- Global Neurological Biomarkers Market Competitive Benchmarking
- Global Neurological Biomarkers Market Competitive Dashboard
- Key Mergers And Acquisitions In The Neurological Biomarkers Market
- Neurological Biomarkers Market Future Outlook and Potential Analysis
- Appendix
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