The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Neuroscience Global Market Report 2023, the neuroscience market is expected to show significant growth in the forecast period.

Key insights from the neuroscience market forecast include:

1. Market Size

The global neuroscience market is projected to reach $33.22 billion in 2023 with a 5.88% CAGR from $31.38 billion in 2022. By 2027, it is forecasted to reach $41.86 billion, growing at a 5.95% CAGR.

2. Major Driver

The neuroscience market is being driven by the growing elderly population. Adults aged 65 and older are considered geriatric. In a 2020 report by the UN Department of Economic and Social Affairs, the 65+ population is expected to increase from 9.3% in 2020 to nearly 16.0% in 2050. A World Health Organization factsheet from October 2021 predicts the global population over 60 will grow from 1 billion in 2020 to 1.4 billion by 2030. Consequently, the expanding geriatric demographic fuels the neuroscience market.

View More On The Neuroscience Market Report 2023 – https://www.thebusinessresearchcompany.com/report/neuroscience-global-market-report

3. Key Trend

The neuroscience market is set to grow due to the increasing elderly population. Adults aged 65 and above are categorized as geriatric. Their vulnerability to neurological disorders is heightened by age-related immunity decline. A 2020 UN report anticipates a rise in the 65+ population from 9.3% in 2020 to nearly 16.0% in 2050. The World Health Organization’s October 2021 factsheet also predicts an increase in the global population aged 60 and above from 1 billion in 2020 to 1.4 billion by 2030. Consequently, the expanding geriatric demographic fuels the neuroscience market.

4. Largest Region

North America was the largest region in the neuroscience market in 2022.

5. Major Players

Major players in the food diagnostics market are Alpha Omega Inc., GE Healthcare, Siemens Healthineers, NeuroNexus Technologies Inc., Doric Lenses Inc., Blackrock Neurotech, Axion Biosystems Inc., Femtonics Ltd., Carl ZEISS AG, Danaher Corporation (Leica Microsystems), Koninklijke Philips N.V., Toshiba Corporation, Hitachi Medical Corp., Scientifica Ltd. and Intan Technologies.

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Key Neuroscience Market Segments
The global neuroscience market is segmented –
1) By Type: Neuro-Microscopy, Electrophysiology Technologies, Neuro-Cellular Manipulation, Whole Brain Imaging, Other Types
2) By Service: Instruments And Consumables, Software And Services
3) By End User: Hospitals, Diagnostic Labs, Research And Academic Institutes

The Neuroscience Global Market Report 2023  provides an in-depth analysis on the neuroscience market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the neuroscience market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Neuroscience Antibodies And Assays Global Market Report 2023
Neurology Devices Global Market Report 2023
Neurosurgery Devices And Equipment Global Market Report 2023

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