The Business Research Company’s report on the Neuroscience Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the neuroscience market’s growth in recent years?
The rising geriatric population is expected to propel the neuroscience market. Adults 65 years and older are referred to as members of the geriatric population. Due to lowered immunity and advanced age, the elderly population is susceptible to many diseases including neurological disorders. Lumbar arthrosis and dementia are the most common neurological disorders in older people, which can be treated through neuroscience. For instance, in July 2022, according to a report by the United Nations, a US-based diplomatic and political international organization, the global population aged 65 and above is anticipated to grow from 10% in 2022 to 16% by 2050, with projections suggesting a significant rise in this age cohort worldwide by mid-century. Thus, the rising geriatric population is driving the neuroscience market.
Access Your Free Sample of the Global Neuroscience Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8528&type=smp
How does the future projection of the neuroscience market size compare to its historical growth?
The neuroscience market size has grown strongly in recent years. It will grow from $35.51 billion in 2024 to $37.58 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased funding for neuroscience research, emergence of neuroinformatic, genomic and proteomic research in neuroscience, public awareness and education, drug discovery and development, global aging population, neuroscience-based education and learning.
The neuroscience market size is expected to see strong growth in the next few years. It will grow to $50.69 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to precision medicine in neurological treatments, expansion of neuropharmacology, neuroinformatic for big data management, patient-centric approaches in neurological care, global health initiatives for neurological disorders, innovations in neurological diagnostics, ethical considerations, and guidelines. Major trends in the forecast period include brain imaging technologies, neurostimulation therapies, artificial intelligence in neuroscience, brain-computer interface (BCI) technology, telemedicine in neurology, collaboration between industry and academia, cross-disciplinary approaches.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=8528&type=smp
Which key players are shaping the future of the neuroscience market?
Major companies operating in the neuroscience market are Alpha Omega Inc., General Electric Company, Siemens Healthineers AG, NeuroNexus Technologies Inc., Doric Lenses Inc., Blackrock Neurotech, Axion Biosystems Inc., Femtonics Ltd., Carl Zeiss AG, Danaher Corporation (Leica Microsystems), Koninklijke Philips N.V., Toshiba Corporation, Hitachi Medical Corporation, Scientifica Ltd., Intan Technologies Inc., Laserglow Technologies Inc., Mightex Systems, Neuralink Corporation, Kernel Corporation, BrainCo Inc., MindMaze Inc., Paradromics Inc., NeuroPro Inc., NeuroSky Inc., EMOTIV Inc., Cercare Medical A/S, Plexon Inc., Noldus Information Technology bv, Neuralynx Inc., Vigil Neuroscience
What trends will propel the growth and evolution of the neuroscience market?
Technological advancement is a key trend gaining popularity in the neuroscience market. Major market players are concentrating their efforts on creating innovative technologies such as artificial intelligence and machine learning to bring advancement in neuroscience. Artificial intelligence enables machines to mimic and even outperform human mental powers and machine learning is a part of artificial intelligence. Artificial intelligence (AI) models are built to carry out intelligence-based tasks that are offering new theories about how the same processes are regulated within the brain. For instance, in February 2024, Koninklijke Philips N.V., a Netherlands-based technology company, and Synthetic MR, a Sweden-based MRI software company, launched Smart Quant Neuro 3D, a breakthrough tool for diagnosing and assessing brain disorders like multiple sclerosis, traumatic brain injury, and dementia. The solution integrates Philips’ AI-based SmartSpeed technology, 3D SyntAc application, and Synthetic MR’s SyMRI NEURO 3D software, providing healthcare providers with enhanced diagnostic tools for greater confidence and patient outcomes. Philips holds exclusive rights to offer SyMRI NEURO 3D on its MR scanners.
Which regions are expected to become dominant players in the neuroscience market?
North America was the largest region in the neuroscience market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neuroscience market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/neuroscience-global-market-report
What are the emerging key segments in the neuroscience market, and how are they evolving?
The neuroscience market covered in this report is segmented –
1) By Type: Neuro-Microscopy, Electrophysiology Technologies, Neuro-Cellular Manipulation, Whole Brain Imaging, Other Types
2) By Service: Instruments And Consumables, Software And Services
3) By End User: Hospitals, Diagnostic Labs, Research And Academic Institutes
Subsegments:
1) By Neuro-Microscopy: Two-Photon Microscopy, Confocal Microscopy, Super-Resolution Microscopy
2) By Electrophysiology Technologies: Patch Clamp Systems, Multi-Electrode Arrays (MEAs), Intracellular And Extracellular Recorders
3) By Neuro-Cellular Manipulation: Optogenetics Tools, Microinjection Systems, Electroporation Devices
4) By Whole Brain Imaging: Functional Magnetic Resonance Imaging (fMRI), Positron Emission Tomography (PET), Diffusion Tensor Imaging (DTI)
5) By Other Types: Neuroinformatics Tools, Brain-Computer Interface Technologies, Neuromodulation Devices
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8528
What defines the structure and scope of the neuroscience market?
Neuroscience is the study of the human nervous system and brain, which employ cellular, and molecular biology, anatomy and physiology, human behavior and cognition, and other fields to map the brain mechanistically. Neuroscience is used in developing drugs and other treatment and prevention methods for these and aids many other health problems.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
