Neuroscience Market: Global Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Neuroscience Market: By Technology (Brain Imaging, Neuro-Microscopy, Electrophysiology, Neuroproteomic Analysis, Animal Behaviour Analysis., Others), By Component (Instruments and Consumables, Software and Services), By End-User (Hospitals, Diagnostic Laboratories, Research, and Academic Institutes, Others) and Geography

 

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Report

Description

Neuroscience Market size is estimated to be valued at USD 31,376.3 Million in 2021 and is poised to grow at a significant CAGR of 4.1% over 2022-2028. The scientific study of the brain and nervous system is referred to as neuroscience. It is an interdisciplinary science that collaborates with cellular and molecular biology, physiology, anatomy, and human behaviour and cognition. It focuses on the structure of the brain as well as neurological, physical, and psychological functions. The Brain Imaging segment is anticipated to grow at a significant CAGR over the forecast years owing to rising incidence and prevalence of neurological disorders, increased awareness of neurodegenerative diseases, increased incidence of traumatic brain injuries, and increased applications of brain imaging and neuroimaging in clinical trials. Moreover, market players are focusing on the launch of new products, collaboration, and acquisition to maintain growth in the market. For instance, in July 2022: Inscopix, Inc. announced the Inscopix Data Exploration, Analysis and Sharing (IDEAS) Platform. This new platform helps Neuroscience research groups to enhance analyzing and organizing of Neuroscience data. Increased occurrences of neurological illnesses such as Alzheimer’s disease, Parkinson’s disease, and other dementias are expected to drive the Neuroscience Market throughout the projected period.

Key Developments:

In December 2020 – Eli Lilly & Company, one of the leading pharmaceuticals companies, recently announced that it would purchase Prevail Therapeutics for $800 million in a pharmaceutical deal. Eli Lilly & Company will build a new drug discovery and development modality due to the acquisition agreement, which will expand the company’s research activities through a new gene therapy initiative.

Neuroscience Market

MARKET SUMMARY
-
4.1%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.1%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Neuroscience Market

  • The neuroscience market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The neuroscience market is segmented based on technology, component, end-user, and geography.
Key Players
  • Biobserve GmbH
  • Doric Lenses Inc.
  • GE Healthcare
  • Kernel
  • Laserglow Technologies
Neuroscience Market Dynamics

Increased government investment in healthcare infrastructure in developed nations is likely to drive the neuroscience industry forward. According to the Centers for Medicare and Medicaid Services, overall healthcare spending in North America is predicted to rise at a 4.6% annual rate between 2016 and 2019. Due to the Affordable Care Act’s considerable influence on health insurance coverage, national health expenditure in the United States is anticipated to climb at a 5.6% annual pace. As a result of this rising tendency in government funding, the United States will witness increased interest in general medical equipment, particularly in the neuroscience Market.


Asia Pacific Got Significant Share

Neuroscience Market

The Neuroscience market in the Asia Pacific is likely to hold the highest revenue share in 2021, and the same trend is expected over the forecast period because China has led the APAC neuroscience market during the projection period, owing to the increased prevalence of CNS disorders among the region's aging population. The APAC neuroscience market is expected to grow rapidly at a CAGR of 7.0% during the projected period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Neuroscience Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The neuroscience market is projected to expand at a CAGR of 4.1% during the forecast period

Biobserve GmbH, Doric Lenses Inc., GE Healthcare, Kernel, Laserglow Technologies, Mightex Systems, NeuroNexus Technologies, Noldus Information Technology, Prizmatix Ltd., Siemens Helthineers, Medtronic Plc, Canon Medical Systems Corporation, Neusoft Medical Systems Co. Ltd

Asia Pacific is the fastest-growing region for neuroscience market


Report

Table Of Content

1. Executive Summary
2. Global Neuroscience Market Introduction
2.1. Global Neuroscience Market – Taxonomy
2.2. Global Neuroscience Market –Definitions
2.2.1. By Technology
2.2.2. By Component
2.2.3. By End-User
2.2.4. By Region
3. Global Neuroscience Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Neuroscience Market Dynamic Factors – Impact Analysis
3.6. Global Neuroscience Market – Competition Landscape
3.7. Epidemiology
4. Global Neuroscience Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Neuroscience Market, By Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Brain Imaging
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Neuro-Microscopy
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Electrophysiology
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Neuroproteomic Analysis
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Animal Behaviour Analysis.
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Others
5.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Neuroscience Market Forecast, By Component, 2017-2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Instruments and Consumables
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Software and Services
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Neuroscience Market, By End-User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Hospitals
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Diagnostic Laboratories
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Research and Academic Institutes
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Others
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Neuroscience Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Neuroscience Market – Opportunity Analysis Index, By Technology, By Component, By End-User, and Region, 2022-2028
9. North America Neuroscience MarketAnalysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. By Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Brain Imaging
9.1.2. Neuro-Microscopy
9.1.3. Electrophysiology
9.1.4. Neuroproteomic Analysis
9.1.5. Animal Behaviour Analysis
9.1.6. Others
9.2. By Component Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Instruments and Consumables
9.2.2. Software and Services
9.3. By End-User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Hospitals
9.3.2. Diagnostic Laboratories
9.3.3. Research and Academic Institutes
9.3.4. Others
9.4. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Neuroscience Market – Opportunity Analysis Index, By Technology, By Component, By End-User, and Country, 2022-2028
9.6. North America Neuroscience Market Dynamics – Trends
10. Europe Neuroscience Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. By Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Brain Imaging
10.1.2. Neuro-Microscopy
10.1.3. Electrophysiology
10.1.4. Neuroproteomic Analysis
10.1.5. Animal Behaviour Analysis
10.1.6. Others
10.2. By Component Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Instruments and Consumables
10.2.2. Software and Services
10.3. By End-User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Hospitals
10.3.2. Diagnostic Laboratories
10.3.3. Research and Academic Institutes
10.3.4. Others
10.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Europe Neuroscience Market – Opportunity Analysis Index, By Technology, By Component, By End-User, and Country, 2022-2028
10.6. Europe Neuroscience Market Dynamics – Trends
11. Asia-Pacific Neuroscience Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. By Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Brain Imaging
11.1.2. Neuro-Microscopy
11.1.3. Electrophysiology
11.1.4. Neuroproteomic Analysis
11.1.5. Animal Behaviour Analysis
11.1.6. Others
11.2. By Component Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Instruments and Consumables
11.2.2. Software and Services
11.3. By End-User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Hospitals
11.3.2. Diagnostic Laboratories
11.3.3. Research and Academic Institutes
11.3.4. Others
11.4. Country Analysis2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Neuroscience Market – Opportunity Analysis Index, By Technology, By Component, By End-User, and Country, 2022-2028
11.6. Asia-Pacific Neuroscience Market Dynamics – Trends
12. Latin America Neuroscience Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. By Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Brain Imaging
12.1.2. Neuro-Microscopy
12.1.3. Electrophysiology
12.1.4. Neuroproteomic Analysis
12.1.5. Animal Behaviour Analysis
12.1.6. Others
12.2. By Component Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Instruments and Consumables
12.2.2. Software and Services
12.3. By End-User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Hospitals
12.3.2. Diagnostic Laboratories
12.3.3. Research and Academic Institutes
12.3.4. Others
12.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Neuroscience Market – Opportunity Analysis Index, By Technology, By Component, By End-User, and Country, 2022-2028
12.6. Latin America Neuroscience Market Dynamics – Trends
13. Middle East and Africa Neuroscience Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. By Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Brain Imaging
13.1.2. Neuro-Microscopy
13.1.3. Electrophysiology
13.1.4. Neuroproteomic Analysis
13.1.5. Animal Behaviour Analysis
13.1.6. Others
13.2. By Component Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Instruments and Consumables
13.2.2. Software and Services
13.3. By End-User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Hospitals
13.3.2. Diagnostic Laboratories
13.3.3. Research and Academic Institutes
13.3.4. Others
13.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Neuroscience Market – Opportunity Analysis Index, By Technology, By Component, By End-User, and Country, 2022-2028
13.6. MEA Neuroscience Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, By Component & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Biobserve GmbH
14.2.2. Doric Lenses Inc.
14.2.3. GE Healthcare
14.2.4. Kernel
14.2.5. Laserglow Technologies
14.2.6. Mightex Systems
14.2.7. NeuroNexus Technologies
14.2.8. Noldus Information Technology
14.2.9.  Prizmatix Ltd.
14.2.10. Siemens Helthineers
14.2.11. Medtronic Plc
14.2.12. Canon Medical Systems Corporation
14.2.13. Neusoft Medical Systems Co. Ltd
15. Research Methodology
16. Key Assumptions and Acronyms

 


Report

Company Profile

  • Biobserve GmbH
  • Doric Lenses Inc.
  • GE Healthcare
  • Kernel
  • Laserglow Technologies
  • Mightex Systems
  • NeuroNexus Technologies
  • Noldus Information Technology
  • Prizmatix Ltd.
  • Siemens Helthineers
  • Medtronic Plc
  • Canon Medical Systems Corporation
  • Neusoft Medical Systems Co. Ltd

Description

Neuroscience Market size is estimated to be valued at USD 31,376.3 Million in 2021 and is poised to grow at a significant CAGR of 4.1% over 2022-2028. The scientific study of the brain and nervous system is referred to as neuroscience. It is an interdisciplinary science that collaborates with cellular and molecular biology, physiology, anatomy, and human behaviour and cognition. It focuses on the structure of the brain as well as neurological, physical, and psychological functions. The Brain Imaging segment is anticipated to grow at a significant CAGR over the forecast years owing to rising incidence and prevalence of neurological disorders, increased awareness of neurodegenerative diseases, increased incidence of traumatic brain injuries, and increased applications of brain imaging and neuroimaging in clinical trials. Moreover, market players are focusing on the launch of new products, collaboration, and acquisition to maintain growth in the market. For instance, in July 2022: Inscopix, Inc. announced the Inscopix Data Exploration, Analysis and Sharing (IDEAS) Platform. This new platform helps Neuroscience research groups to enhance analyzing and organizing of Neuroscience data. Increased occurrences of neurological illnesses such as Alzheimer’s disease, Parkinson’s disease, and other dementias are expected to drive the Neuroscience Market throughout the projected period.

Key Developments:

In December 2020 – Eli Lilly & Company, one of the leading pharmaceuticals companies, recently announced that it would purchase Prevail Therapeutics for $800 million in a pharmaceutical deal. Eli Lilly & Company will build a new drug discovery and development modality due to the acquisition agreement, which will expand the company’s research activities through a new gene therapy initiative.

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