Exploring the Impact of Neurological Disorders on the Neuroscience Market


Posted October 17, 2023 by Akashmaximize123

Neuroscience Market size was valued at US$ 5.18 Bn. in 2022 and the total Neuroscience revenue is expected to grow at 3.9 % through 2023 to 2029, reaching nearly US$ 38.18 Bn.
 
Market Size and Growth:

The Neuroscience Market was valued at $5.18 billion in 2022 and is expected to grow at a CAGR of 3.9%, reaching nearly $38.18 billion by 2029.

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Market Overview:

The Neuroscience Market focuses on the structure and operation of the nervous system, covering various areas including behavioral, computational, and cognitive neuroscience, as well as neuroimaging and diagnostics for disorders like Parkinson's disease and brain tumors.

Market Drivers:

Technological Advancements: Tools like MRI and advanced neuroimaging equipment are driving the market.
Aging Population: As the population ages, there's an increased need for neuroscience-related diagnostics and treatments.
Rising Disease Burden: Growing prevalence of neurological disorders like Alzheimer's, Parkinson's, and schizophrenia is a major driver.
Methanol Market Segmentation:

by Lock Type

Deadbolt Locks
Lever Handles
Server locks & Latches
Knob Locks
Others
by Communication

Protocol Bluetooth
WiFi
Z-Wave
Others
by Unlocking

Mechanism Keypad
Card Key
Touch Based
Key Fob
Smartphone-Based
by Vertical

Commercial
Residential
Institutional & Government
Industrial
Transportation & Logistic

Market Segments:

Technology: Segments include Brain Imaging, Neuro-Microscopy, Electrophysiology, Neuroproteomic Analysis, Animal Behaviour Analysis, and Others.
End-User: Categories include Hospitals, Diagnostic Laboratories, Research Institutes, and Others.
Methanol Market Key Players

1. ASSA ABLOY (Sweden)
2. Allegion plc (Ireland)
3. dormakaba Group (Switzerland)
4. Spectrum Brands Holdings, Inc. (U.S.)
5. Salto Systems S.L. (Spain)
6. Carrier (U.S.)
7. Cansec Systems Ltd. (Canada)
8. GANTNER Group (UAE)
9. Master Lock Company LLC (U.S.)
10.Master Lock Company LLC (U.S.)
11.Samsung (South Korea)
12.SentriLock, (U.S.)
13.Avent Security (Vietnam)
14.DESSMANN Schliessanlagen GmbH (Singapore)
15.Haven Lock, Inc., (U.S.)
16.Dahua Technology Co., Ltd (China)

Regional Insights:

North America: The United States has the greatest market share, with a significant focus on neuroscience research and diagnostics.
MEA: The medical infrastructure sector is expected to dominate the MEA neuroscience market, and moderate growth is anticipated.
APAC: China is leading in the APAC market, with significant growth in the aging population and CNS diseases.
Unlocking Mechanism: Encompasses keypad, card key, touch-based, key fob, and smartphone-based. Touch-based unlocking mechanisms are gaining traction.

Verticals: Includes commercial, residential, institutional & government, industrial, and transportation & logistics. Residential is the leading vertical.



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Key Players: Key players in the Neuroscience Market include Biobserve GmbH, GE Healthcare, Kendall Research Systems LLC, and more.

The market is being driven by factors like technological advancements, the aging population, and a growing burden of neurological diseases. MRI, advanced neuroimaging, and research in the field are key drivers of the market. Additionally, governments are promoting awareness and funding for neuroscience research and diagnosis.

It's also worth noting that novel devices like laser helmets and electrode bracelets are contributing to the growth of neuroscience by aiding neuroscientists in measuring brain activity and nerve impulses.

Please note that this information provides an overview of the market's growth, key drivers, and segments. More detailed data and analysis would be required for in-depth market research and investment decisions.

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Issued By akash shinde
Country India
Categories Business , Consumer , News
Tags neuroscience market
Last Updated October 17, 2023