Neuroscience Market

Neuroscience Market - Size, Share and Growth
Analysis 2018-2026
Neuroscience involves use of various methods to measure and image the brain activity.
Neuroscience is umbrella term focusing on molecular, cellular, developmental, structural,
functional, evolutionary, computing, psychosocial, and medical aspects of the nervous system.
Research in neuroscience is constantly evolving based on biology, pharmaceutical science,
medicine, cognitive science, and biomedical engineering. Neuroscience-based devices help in
collecting valuable information regarding activities in brain and can be used in various areas
such as better understanding of pathophysiology and symptoms of various chronic neurological
diseases such as epilepsy, Alzheimer’s disease and other dementias; cerebrovascular diseases
including stroke, migraine, and other headache disorders, multiple sclerosis, Parkinson's disease,
neuro-infections, brain tumors; and traumatic disorders of the nervous system due to head
trauma.
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These devices consist of different instruments that are required for neuroscience-based
experiments. Various types of electrophysiology instruments and imaging instruments are utilized
to map the brain and examine the brain activity.
The global neuroscience market size was valued at US$ 26,593 million in 2017, and is expected
to witness a CAGR of 3.9% over the forecast period (2018 – 2026).
Market Dynamics
High prevalence of chronic neurological diseases leads to increasing research activities in the
field of neuroscience, which in turn is expected to boost growth of the neuroscience market.
For instance, according to the Centers for Disease Control and Prevention’s (CDC) factsheet in
2018, on an average, every 40 seconds someone in the U.S. has a stroke. According to CDC’s
factsheet in 2018, the annual cost of stroke-related treatment is around US$ 34 billion in the
U.S., which includes cost of healthcare services, medicine, and human capital cost. Similarly,
The European Union incurs costs of US$ 51.4 billion, annually due to stroke and around 50% of
the costs include follow up care cost and potential human capital loss to economy.
Increasing prevalence of various chronic neurological diseases worldwide is expected to be a
major driver for growth of the global neuroscience market. This is owing to high unmet
medical need in terms of timely diagnosis and effective treatment of neurological diseases. This
in turn requires better understanding of pathophysiology of the diseases and improvement in
knowledge about functioning of nervous system, which is expected to boost demand for
neuroscience devices.
Report includes chapters which deeply display the following deliverable about industry :
• Neuroscience Market Research Objective and Assumption
• Neuroscience Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Neuroscience Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Neuroscience Market, By Regions
• Neuroscience Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Neuroscience Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Neuroscience Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Neuroscience Market Forecast including Production, Consumption, Import and Export Forecast
by Type, Applications and Region.
• Research Findings and Conclusion
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Key players operating in the global neuroscience market include, Alpha Omega, Inc., GE
Healthcare, Axion Biosystems, Inc., Siemens Healthineers, Scientifica Ltd., Blackrock
Microsystems LLC, Femtonics Ltd., LaVision Biotec GmbH, Intan Technologies, NeuroNexus
Technologies, Inc., Newport Corporation, Neuralynx Inc., Plexon Inc., Mediso Medical Imaging
Systems, Noldus Information Technology, Sutter Instrument Corporation, Thomas Recording
GmbH, and Trifoil Imaging Inc.
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Neuroscience is the study of structure and function of nervous system which covers activities such as measurement and imaging of the brain activity.

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