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Neuroscience Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global neuroscience market reached a value of US$ 32.22 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 41.24 Billion by 2027 exhibiting a CAGR of 3.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Neuroscience refers to the scientific study of the brain and nervous system. It is an interdisciplinary science that works closely with other disciplines, including cellular and molecular biology, physiology, anatomy, and human behavior and cognition. It provides valuable insights into the anatomy of the brain and neurological, physical, and psychological functioning. It also assists neurologists in understanding various factors that can aid in the development of medications and strategies to treat and prevent numerous neurological disorders. Nowadays, researchers and neuroscientists are increasingly employing advanced imaging techniques for identifying neural networks involved in understanding disease pathways, early disease diagnosis, and cognitive processes.

 

 
 

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Neuroscience Market Trends:

The increasing number of deaths due to various neurological disorders, such as Parkinson's disease, Alzheimer's, schizophrenia, and other brain-related conditions, represents the primary factor driving the market growth. Besides this, the escalating demand for neuroimaging devices and the ongoing brain mapping research and investigation projects are other major growth-inducing factors. Additionally, the governments of various nations are taking favorable initiatives to spread awareness about neurological diseases and the available treatment options. Along with this, the rising usage of microscopy, optogenetics, magnetic resonance imaging (MRI), and electrophysiology instruments in the diagnosis of several neurological disorders is catalyzing the market growth. Furthermore, the leading players are developing innovative medical devices that offer enhanced efficiency and patient compliance to expand their product portfolio and gain a competitive edge. Moreover, the growing awareness regarding the benefits of advanced neuroscience devices, such as the combination of other imaging devices along with the MRI and neuro microscopes over conventional standalone imaging devices, is propelling the market growth. Other factors, including the surging government funding for research and development (R&D) activities, advancements in the field of neuroscience and neuro-technology, increasing healthcare expenditure, rising geriatric population, and improving healthcare infrastructure, are also providing a positive thrust to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global neuroscience market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, technology and end user.

Breakup by Component:

  • Instruments and Consumables
  • Software and Services
     

Breakup by Technology:

 

 
 

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  • Brain Imaging
  • Neuro-Microscopy
  • Electrophysiology
  • Neuroproteomic Analysis
  • Animal Behaviour Analysis
  • Others
     

Breakup by End User:

  • Hospitals
  • Diagnostic Laboratories
  • Research and Academic Institutes
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alpha Omega Engineering, Biobserve GmbH, Blackrock Neurotech, Doric Lenses Inc., General Electric Company, Kernel, Laserglow Technologies, Mightex Systems, NeuroNexus Technologies Inc., Noldus Information Technology B.V., Plexon Inc., Prizmatix Ltd. and Siemens AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Technology, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alpha Omega Engineering, Biobserve GmbH, Blackrock Neurotech, Doric Lenses Inc., General Electric Company, Kernel, Laserglow Technologies, Mightex Systems, NeuroNexus Technologies Inc., Noldus Information Technology B.V., Plexon Inc., Prizmatix Ltd. and Siemens AG.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Neuroscience Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Instruments and Consumables
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software and Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Technology
    7.1    Brain Imaging
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Neuro-Microscopy
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Electrophysiology
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Neuroproteomic Analysis
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Animal Behaviour Analysis
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Diagnostic Laboratories
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Research and Academic Institutes
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Alpha Omega Engineering
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Biobserve GmbH
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Blackrock Neurotech
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Doric Lenses Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    General Electric Company
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Kernel
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Laserglow Technologies
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Mightex Systems
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    NeuroNexus Technologies Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Noldus Information Technology B.V.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Plexon Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Prizmatix Ltd.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    Siemens AG
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
           14.3.13.3 Financials
           14.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Neuroscience Market: Major Drivers and Challenges
Figure 2: Global: Neuroscience Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Neuroscience Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Neuroscience Market: Breakup by Component (in %), 2021
Figure 5: Global: Neuroscience Market: Breakup by Technology (in %), 2021
Figure 6: Global: Neuroscience Market: Breakup by End User (in %), 2021
Figure 7: Global: Neuroscience Market: Breakup by Region (in %), 2021
Figure 8: Global: Neuroscience (Instruments and Consumables) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Neuroscience (Instruments and Consumables) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Neuroscience (Software and Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Neuroscience (Software and Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Neuroscience (Brain Imaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Neuroscience (Brain Imaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Neuroscience (Neuro-Microscopy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Neuroscience (Neuro-Microscopy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Neuroscience (Electrophysiology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Neuroscience (Electrophysiology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Neuroscience (Neuroproteomic Analysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Neuroscience (Neuroproteomic Analysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Neuroscience (Animal Behaviour Analysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Neuroscience (Animal Behaviour Analysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Neuroscience (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Neuroscience (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Neuroscience (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Neuroscience (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Neuroscience (Diagnostic Laboratories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Neuroscience (Diagnostic Laboratories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Neuroscience (Research and Academic Institutes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Neuroscience (Research and Academic Institutes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Neuroscience (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Neuroscience (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Neuroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Neuroscience Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Neuroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Neuroscience Industry: SWOT Analysis
Figure 82: Global: Neuroscience Industry: Value Chain Analysis
Figure 83: Global: Neuroscience Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Neuroscience Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Neuroscience Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Neuroscience Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Neuroscience Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Neuroscience Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Neuroscience Market: Competitive Structure
Table 7: Global: Neuroscience Market: Key Players


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Key Questions Answered in This Report

The global neuroscience market was valued at US$ 32.22 Billion in 2021.

We expect the global neuroscience market to exhibit a CAGR of 3.80% during 2022-2027.

The high prevalence of numerous neurological disorders, such as Alzheimer's, schizophrenia, brain stroke, etc., is primarily driving the global neuroscience market.

The sudden outbreak of the COVID-19 pandemic has led to the extensive R&D activities in the field of neuroscience for providing insights into neurological and psychological functioning, that is adversely impacted by the coronavirus disease.

Based on the component, the global neuroscience market has been divided into instruments and consumables and software and services. Currently, instruments and consumables exhibit a clear dominance in the market.

Based on the technology, the global neuroscience market can be segmented into brain imaging, neuro-microscopy, electrophysiology, neuroproteomic analysis, animal behaviour analysis, and others. Among these, brain imaging holds the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global neuroscience market include Alpha Omega Engineering, Biobserve GmbH, Blackrock Neurotech, Doric Lenses Inc., General Electric Company, Kernel, Laserglow Technologies, Mightex Systems, NeuroNexus Technologies Inc., Noldus Information Technology B.V., Plexon Inc., Prizmatix Ltd., and Siemens AG.

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