The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The neurological biomarkers market has witnessed remarkable expansion in recent years, showcasing promising growth prospects. Here’s a snapshot of its journey and what the future holds:

Past Growth Trends

• From $9.46 billion in 2023 to $10.63 billion in 2024
• CAGR of 12.4%
• Driven by increasing prevalence of neurological disorders, aging population, drug development needs, increased funding for neurological research, and personalized medicine

Future Projections

• Expected to reach $17.18 billion in 2028
• CAGR of 12.7%
• Fueled by biomarkers for early detection, biosensors, wearable devices, global health initiatives, and a patient-centric approach

View More On The Neurological Biomarkers Market Report 2024 – https://www.thebusinessresearchcompany.com/report/neurological-biomarkers-global-market-report

Emerging Trends

• Technological innovation in imaging
• Rapid advances in omics technologies
• Integration of artificial intelligence (AI)
• Real-world evidence in biomarker validation
• Advancements in diagnostic technologies
• Collaboration between industry and research institutions

Rising Prevalence of Neurological Diseases Fuels Momentum in Neurological Biomarker Market

Understanding the Landscape

• Neurological diseases encompass conditions affecting the brain, spinal cord, and nerves
• Parkinson’s disease exemplifies the significance of early diagnosis
• Neurological biomarkers facilitate early detection using pathological, biochemical, and genetic testing

Statistics Speak

• The Parkinson’s Foundation reported 90,000 new diagnoses in 2022, up from 60,000 in 2021

Strategic Collaborations Drive Innovation in Neurological Biomarkers Market

Paving the Way for Progress

• Major companies form partnerships to develop new products and fortify market positions
• Collaborations accelerate innovation and product development by leveraging complementary expertise and resources
• Example: NeuroSense Therapeutics Ltd. and NeuraLight partnership to identify oculometric indicators for ALS using AI and ML

GE Healthcare Enhances Precision Cancer Medicine Portfolio with Strategic Acquisition of Zionexa

Expanding Horizons

• GE Healthcare’s acquisition of Zionexa strengthens its portfolio of precision cancer medicines
• Zionexa specializes in in vivo oncology and neurology biomarkers

Segmentation of the Neurological Biomarkers Market

Navigating the Landscape

1. By Product: Proteomics Biomarker, Genomics Biomarker, Metabolomics Biomarker, Imaging Biomarker, Other Products
2. By Application: Alzheimer’s Disease, Parkinson’s Disease, Huntington’s Disease, Schizophrenia, Depression, Multiple Sclerosis, Spinal Muscular Atrophy
3. By End-User: Hospital Laboratories, Clinical Diagnostic Centers, Research Organizations, Other End-Users

North America Leads the Way

• North America emerged as the largest region in the neurological biomarkers market in 2023

In conclusion, the neurological biomarkers market is poised for significant growth, driven by advancements in technology, strategic collaborations, and a growing emphasis on early disease detection. With innovative solutions and a collaborative approach, the journey ahead promises transformative outcomes in neurological healthcare.

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