The India neuroscience market size reached USD 1,173.43 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,549.89 Million by 2033, exhibiting a growth rate (CAGR) of 3.10% during 2025-2033. The market is expanding due to advancements in brain imaging, AI-driven diagnostics and increasing research in neurodegenerative diseases. Growing investments in brain-computer interfaces, neuromodulation and precision medicine are also contributing positively to the market growth across the country.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1,173.43 Million |
Market Forecast in 2033 | USD 1,549.89 Million |
Market Growth Rate 2025-2033 | 3.10% |
Rising Focus on AI and Machine Learning in Neuroscience
AI and machine learning are revolutionizing neuroscience by enhancing brain mapping, diagnostics and predictive analytics. These technologies enable faster and more accurate analysis of neurological disorders contributing to India neuroscience market growth as healthcare providers adopt AI-driven tools for early detection and personalized treatment planning. AI-powered algorithms improve neuroimaging interpretation, automate EEG and MRI analysis and assist in diagnosing conditions like Alzheimer’s, epilepsy and stroke with higher precision. For instance, in January 2024, Siemens Healthineers and IISc launched a Collaborative Laboratory for AI in Precision Medicine. The lab will focus on developing open-source AI tools for neuroimaging enhancing the diagnosis of neurological diseases. It aims to integrate AI into clinical workflows and promote female representation in AI through MTech fellowships. Machine learning models are also advancing brain-computer interface (BCI) applications enabling communication for patients with paralysis. Additionally, AI-driven drug discovery accelerates the development of targeted neurological treatments. Hospitals and research institutions are increasingly leveraging AI for real time patient monitoring and predictive analytics improving treatment outcomes. With ongoing advancements and greater adoption across clinical and research settings AI and machine learning are set to play a crucial role in shaping India neuroscience market share.
Growing Investments in Brain-Computer Interfaces (BCIs)
Brain-Computer Interfaces (BCIs) are gaining traction in India with increasing investments driving advancements in assistive technology, cognitive research and neurorehabilitation. For instance, in November 2024, Nexstem a Bengaluru-based deep-tech startup raised $3.5 million to enhance its brain-computer interface (BCI) technology aiming to democratize neurotech solutions across various sectors. The funding backed by notable investors will support product scaling, global expansion and innovative applications targeting markets in the US and Europe. BCIs enable direct communication between the brain and external devices assisting patients with paralysis, spinal cord injuries and neurodegenerative diseases. Ongoing research is expanding applications in motor rehabilitation, cognitive enhancement, and AI-powered neural prosthetics. Healthcare startups and research institutions are leveraging BCIs for developing innovative neurotherapy solutions aiding in stroke recovery and mental health treatment. The integration of BCIs with AI is further improving accuracy and real-time response making these technologies more efficient and accessible. Government and private funding in neuroscience research are accelerating developments fostering collaborations between tech and medical sectors. With increasing focus on neurological advancements BCIs are set to play a transformative role in healthcare, strengthening the India neuroscience market outlook.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on component, technology and end user.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes instruments and consumables and software and services.
Technology Insights:
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes brain imaging, neuro-microscopy, electrophysiology, neuroproteomic analysis, animal behaviour analysis and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes hospitals, diagnostic laboratories, research and academic institutions and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered | Instruments and Consumables, Software and Services |
Technologies Covered | Brain Imaging, Neuro-Microscopy, Electrophysiology, Neuroproteomic Analysis, Animal Behaviour Analysis, Others |
End Users Covered | Hospitals, Diagnostic Laboratories, Research and Academic Institutions, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: