Neuroscience Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Neuroscience is the study of the nervous system from structure to function, development to degeneration, health, and in disease. Humans have an estimated hundred billion neurons, or brain cells, each with about a thousand connections to other cells. One of the greatest challenges of modern neuroscience is to map out the network of cell-to-cell communication-the brain circuits to process all thoughts, feelings, and behaviour. The neuroscience market is a rapidly growing field that involve a wide range of products and services intended to study and understand the brain and nervous system. Additionally, the market includes diagnostic products such as diagnostic tools, imaging equipment, and surgical instruments, as well as services such as consulting and research. The market is caused by technological advancements, increased funding for neuroscience research, and a growing understanding of the brain and its disorders. Some of the key trends in the neuroscience market include developing new brain imaging technologies and using big data and artificial intelligence in neuroscience research.

MARKET DYNAMICS

The neuroscience market is anticipated to grow with a significant rate in the coming years, owing to factors such as rising government spending on healthcare infrastructure in developed regions, increasing geriatric population and rising technological advancements. However, the neuroscience-based initiatives by government bodies is anticipated to offer more growth opportunities for the players operating in the neuroscience market.

MARKET SCOPE

The "Global Neuroscience Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by component, end user, and geography. The global neuroscience market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading neuroscience market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global neuroscience market is segmented based on component and end user. Based on component, the neuroscience market is bifurcated into instrument and software & services. The instrument segment is further  categorized into MRI imaging systems and neuro-microscopy. Based on end user, the neuroscience market is categorized as, hospitals, diagnostics laboratories, and research institutes & academic institutes.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global neuroscience market based on component, and end user. It also provides market size and forecast till 2031 for overall market with respect to five major regions involving North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The neuroscience market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America is expected to contribute to the largest share in the neuroscience market in the coming years. This is mainly due to rising focus on the development of new products and the rising awareness regarding to the benefits of advanced neuroscience devices in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period owing to growing government spending on the healthcare infrastructure and rising spending on the research and development activities in the region. The report analyzes factors affecting neuroscience market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the neuroscience market in these regions.

Neuroscience Market Report Analysis

Neuroscience Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• General Electric Company
• Siemens AG
• Mediso Ltd.
• Laserglow Technologies
• Mightex Systems
• Prizmatix
• Noldus Information Technology
• NeuroNexus
• Scientifica

Regional Overview

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

Market Segmentation

By Component

• Instrument
• Software and Services

By End User

• Hospitals
• Diagnostics Laboratories
• Research Institutes and Academic Institutes

MARKET PLAYERS

The report also includes the profiles of key neuroscience companies along with their SWOT analysis and market strategies. Additionally, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the neuroscience market involve, General Electric Company, Siemens AG, Mediso Ltd., Laserglow Technologies, Mightex Systems, Prizmatix, Noldus Information Technology, NeuroNexus, Scientifica, Femtonics Ltd., and among others.

Neuroscience Market Report Scope