Neuroscience Market - Forecast(2024 - 2030)

Report Code: HCR 24122 Report Format: PDF + Excel


The Global Neuroscience Market size is forecasted to reach $36.27 billion by 2024, growing at a CAGR of 3.49% during the forecast period 2019-2024. Several initiatives undertaken by the government as well as the healthcare community is set to impact the overall market growth. The market is also impacted with the rising prevalence of neurological disorders as well.

Key Takeaways

  • The North America region has been estimated to be the dominating region for the Neuroscience Market owing majorly to the availability of advanced healthcare systems. Information on other major regions also given in final report.
  • The global growth in prevalence of various neurological disorders is set to fuel market growth. Other major market drivers explained in neuroscience market report.
  • Ethical regulations regarding testing on animals is considered as a major challenge to the market. Other challenges and information on how they affect the overall market mentioned in the final report.

Technology - Segment Analysis

Neuroscience is associated with nervous system study. Based on research areas and subjects of study, neuroscience is multidisciplinary. The study of how the nervous system functions, typically using physiological techniques, such as stimulation with electrodes, light-sensitive channels, or ion- or voltage-sensitive dyes is known is neurophysiology. A number of technology that can be used for imaging have been estimated to hold a larger segment of the market. This is owing to the increasing accuracy of such devices from technological advancements. In this segment, Neuro-Microscopy is estimated to grow the fastest due to technological advancements and increasing applications.

Component - Segment Analysis

The instrumentation segment have been estimated to account for the majority market share in this segment. This is owing to the substantial use of these devices in the diagnosis of several neurological disorders. However, the Data Analysis and Service Segments are estimated to have a larger CAGR of 4.23% owing to the increasing number of research firms that provide pre-clinical data analysis services as well as the rapid development of various technology for analysis.

Geography - Segment Analysis

The North America Region has been estimated to hold dominance for the market with an overall market share of 35% owing to the availability of developed healthcare systems as well as the presence of neuroscience based research entities and the rising prevalence of neurological disorders in the region. This region also has a variety of organizations, universities and institutes that create various initiatives and events to promote Research and Development into neuroscience. However, the APAC region was found to have a larger CAGR. This is owing to the continually improving healthcare in the region as well as the increasing target population.

Drivers – Neuroscience Market

·         Growing Prevalence of  Various Neurological Diseases Globally

The prevalence of various neurological conditions is increasing globally and could be considered as a major market driver. Timely diagnosis and effective treatment is required for neurological disorders and devices that help in the identification and proper treatment of such neurological diseases are gaining importance. This is set to drive the overall market.

·         Initiatives Taken by the Government

A variety of new initiatives are undertaken by the various governmental bodies in order to provide proper awareness to people regarding neurological disorders and how to identify and treat them. This can result in the overall market growth as an increasing number of people are made aware of various devices used for neurological disorders and how to treat them.

Challenges – Neuroscience Market

·         Ethical Regulations

For some countries, there are ethical regulations regarding the use of animals for clinical testing. This factor has the potential to limit the overall market as animal models needs to be used for the testing of some neurological devices. This can slow down the research of such devices.

Neuroscience Industry Outlook

Partnerships and Product Launches are the key strategies adopted by the major players in the neuroscience market. In 2018, the neuroscience market share is consolidated by the top companies present in the market. Neuroscience Top 10 Companies are Doric Lenses Inc., GE Healthcare, Seimens Healthcare GmbH, Noldus Information Technology, Biobserve GmbH, NeuroNexus Technology, Alpha Omega, Plexon Inc. and Blackrock Microsystems LLC, among others.

Partnerships/Product Launches

  • On July 2019, Seimens Healthineers and the University of Missouri with its hospital system had announced the formation of a brand new strategic alliance. This 10 year collaboration will bring the partners expertise together to promote education as well as to launch research initiatives.
  • On March 2017, Biobserve had launched a new viewer software that can be used to monitor animal behavior continuously. It has a variety of features that allow it to work under continuous illumination changes as well.

1. Neuroscience Market - Overview
        1.1 Definitions and Scope
2. Neuroscience Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Neuroscience Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Neuroscience Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Neuroscience Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Neuroscience Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Neuroscience Market - Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Neuroscience Market - By Technology (Market Size -$Million / $Billion)
        8.1 Whole brain imaging
            8.1.1 Structural brain imaging
            8.1.2 Functional brain imaging
        8.2 Neuro-microscopy
            8.2.1 Fluoroscence neuro-microscopy
       Confocal fluoroscence microscopy
       Two-photon fluoroscence microscopy
       Epifluorescent fluoroscence microscopy
       TIRF fluoroscence neuro-microscopy
            8.2.2 Electron neuro-microscopy
       Scanning electron neuro-microscopy
       Electron tomography
       Transmission electron neuro-microscopy
            8.2.3 Light neuro-microscopy
        8.3 Electrophysiology
        8.4 Neurofunctional visualization
        8.5 Neuroproteomic analysis
        8.6 Neurocellular manipulation
        8.7 Neuro biochemical assays
        8.8 Stereotaxic surgeries
            8.8.1 Neural activity implants
            8.8.2 Long-term access implants
            8.8.3 Neurochemistry
        8.9 Animal behavior analysis
            8.9.1 Non-human primates related
            8.9.2 Rodent behavior related
            8.9.3 Optogenetics actuators
            8.9.4 Optogenetics sensors
            8.9.5 Drosophila behavior related
            8.9.6 C.elegans related
9. Neuroscience Market - By Component (Market Size -$Million / $Billion)
        9.1 Instrumentation
        9.2 Data analysis & services
        9.3 Consumables
10. Neuroscience - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Neuroscience - By Geography (Market Size -$Million / $Billion)
        11.1 Neuroscience Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 Neuroscience- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 Neuroscience- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 Neuroscience - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9 Neuroscience - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12. Neuroscience Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Neuroscience Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Neuroscience Market - Key Company List by Country Premium
15. Neuroscience Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Doric Lens Inc
        15.3 Ge Healthcare
        15.4 Siemens
        15.5 Laserglow Technology
        15.6 Mightex System
        15.7 Prizmatix Ltd
        15.8 Kendall Research System Llc
        15.9 Noldus Information Technology
        15.10 Mousera Inc
        15.11 Med Associate Inc
        15.12 Phoenix Research Laboratory
        15.13 Biobserve Gmbh
        15.14 Neuronexus Technology
        15.15 Multi Channel System Mc Gmbh
        15.16 Alpha Omega
        15.17 Plexon Inc
        15.18 Tdt
        15.19 Blackrock Microsystems Llc
        15.20 Neuralynx Inc
        15.21 Thomas Recording Gmbh
        15.22 Intan Technology
        15.23 Axion Biosystems
        15.24 Scientifica Ltd
        15.25 Prairie Technology
        15.26 Lavision Biotec Gmbh
        15.27 Femtonics Ltd
        15.28 Sutter Instrument Corporation
        15.29 Newport Corporation
        15.30 Neurotar Ltd
        15.31 Trifoil Imaging Inc
        15.32 Mediso Medical Imaging System
        15.33 Company 32
        15.34 Company 33 & More
*Financials would be provided on a best efforts basis for private companies
16. Neuroscience Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Neuroscience Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends