Neuroscience Market 2022-2027
The Neuroscience Market is bound to grow vigorously in the next 10 years. IoT has already made a beeline to the healthcare vertical. This has, in turn, enabled tracking of real-time locations of the apparatus and medical devices like scales, wheelchairs, defibrillators, or nebulizers along with remote monitoring. The entire healthcare vertical is expected to run on the IoT wave going forward.
With healthy CAGR of 6.4%, the global neuroscience market is likely to grow from US$ 301.6 Mn in 2016 to US$ 520.8 Mn by 2027 end. This growth is mainly fuelled by advancement in neuroimaging and increasing R & D in neuroinformatics. “Neuroscience Market: Global Industry Analysis (2012-2016) and Forecast (2017-2027),” is the new publication of Persistence Market Research that focuses on merger and acquisition, strategic collaborations and technology, and technology transfer agreements, which play a vital role in the global neuroscience market. North America and Europe are expected to dominate the global neuroscience market in the assessed period of 8-years that is between 2017 and 2025.
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Key Players:
The report has profiled some of the important players prevalent in the global like – Carl ZEISS AG, Danaher Corporation (Leica Microsystems), GE Company, Siemens AG, Koninklijke Philips N.V., Toshiba Corporation, Hitachi Medical Corp., Esaote SpA, HAAG-STREIT Group, Opto fine Instruments Pvt. Ltd., Synaptive Medical, Operating Microscopes and Pridex Medicare Pvt. Ltd and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Neuroscience Market. 
Global Neuroscience Market: Relevance and Impact of Factors
- Increasing consumer awareness regarding neuroscience and easy accessibility of the technology
- Growing acceptance of e-health and integrated medical system
- Increasing strategic collaborations among key players
- Rise in incidence rate of lifestyle diseases and geriatric population worldwide
- Reforming healthcare IT spending structure and advancement in digital technology
- Shift towards value-based healthcare model
Global Neuroscience Market: Forecast by Component Type
On the basis of component type, the global neuroscience market is segmented into instrument, software and services. Instrument segmented is sub-segmented into MRI imaging systems and neuromicroscopy, while services segmented divided into consulting services, installation services and maintenance services. Instrument segment dominated the global neuroscience market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Instrument segment is the most attractive segment, with attractiveness index of 2.6 over the forecast period. Instrument segment was valued at US$ 221.6 Mn in 2016 and is projected to be valued at US$ 408.1 Mn in 2025 growing at a CAGR of 7.2% during the forecast period.This segment is expected to accounts for high revenue contribution to the global neuroscience market as compared to software and services segments over the forecast period.
Software segment is expected to be the second most lucrative segment in the global neuroscience market, with attractiveness index of 0.3 during the forecast period. This segment was accounted for 15.4% value share in 2017 which is expected to drop down to 12.9 % revenue share in 2025.
Global Neuroscience Market: Forecast by End User
On the basis of end user, global neuroscience market is segmented into hospitals, diagnostic laboratories, research institutes, and academic institutes. Diagnostics laboratory segment is expected to be the second most lucrative segment in the global neuroscience market by 2025 end. However, in terms of CAGR and revenue share, hospitals segment is expected to lead he market throughout the estimated period. In 2025, hospital segment is likely to grab 40.2% market share in 2025, expanding at a robust CAGR of 7.3% during the estimated period. Research institutes segment is expected to be the least attractive segment in the global neuroscience market, with attractiveness index of 0.7 during the forecast period.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Neuroscience Market Manufacturers
Neuroscience Market Distributors/Traders/Wholesalers
Neuroscience Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Neuroscience Market – Report Highlights
- A detailed overview of parent market of Neuroscience Market
- Changing Neuroscience Market dynamics in the industry
- In-depth segmentation of the Neuroscience Market
- Historical, current, and projected Neuroscience Market size regarding volume and value
- Recent industry trends and developments in Neuroscience Market
- Competitive landscape of the Neuroscience Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Neuroscience Market performance
- Must-have information for Neuroscience Market players to sustain and enhance their market footprint
Key Questions Answered in the Neuroscience Market Report
How is the Neuroscience Market expected to grow over the projected period?
What direction is the Neuroscience Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Neuroscience Market in future?
What are the key market drivers in the Neuroscience Market?
What are significant opportunities and improvement areas for Neuroscience Market manufacturers?
What are the key developments and trends taking over the Neuroscience Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Neuroscience Market?
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