Discover trends, market shifts, and competitive outlooks for the neuroscience industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has The Neuroscience Market Growth Evolved From 2024 To 2025, And What’s Ahead?

The size of the neuroscience market has seen substantial growth in the past few years. The market size is projected to increase from $35.51 billion in 2024 to $37.58 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.8%. The robust growth during the historical period has been driven by factors such as enhanced funding for neuroscience studies, the rise of neuroinformatics, genomics and proteomics research in the neuroscience field, heightened public awareness and education, advancements in drug discovery and development, the worldwide aging population, and the implementation of neuroscience in education and learning.

In the forthcoming years, the neuroscience market is predicted to experience robust growth, with an expected valuation of $50.69 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 7.8%. The projected growth can be linked to advancements in neurology-specific precision medicine, developments in neuropharmacology, utilization of neuroinformatics for managing big data, patient-focused strategies in neurocare, worldwide health programs addressing neurological disorders, innovative diagnostic approaches in neurology, ethical matters, and regulatory guidelines. Key trends during this period are expected to encompass brain imaging technologies, neurostimulation therapies, applications of artificial intelligence in neuroscience, brain-computer interface (BCI) technology, the use of telemedicine in neurology, synergies between industry and academia, as well as cross-disciplinary strategies.

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Which Factors and External Forces Are Driving Demand in the Neuroscience Market?

The growth of the neuroscience market is predicted to be driven by an increasing elderly population. This refers to individuals who are 65 years or older. Due to their aging and decreased immune systems, they are more vulnerable to various diseases, especially neurological conditions. Lumbar arthrosis and dementia are the most common neurological disorders among seniors, and they can be treated through neuroscience. For example, a report by the United Nations, a political and diplomatic organization based in the United States, noted in July 2022 that it is expected that the global population aged 65 or above will increase from being 10% in 2022 to 16% by 2050. The report suggests a notable increase in this age group worldwide by the middle of the century. Therefore, the increasing number of elderly individuals is fueling the expansion of the neuroscience market.

Which Segments in the Neuroscience Offer the Most Growth?

The neuroscience market covered in this report 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

Subsegments:

1) By Neuro-Microscopy: Two-Photon Microscopy, Confocal Microscopy, Super-Resolution Microscopy

2) By Electrophysiology Technologies: Patch Clamp Systems, Multi-Electrode Arrays (MEAs), Intracellular And Extracellular Recorders

3) By Neuro-Cellular Manipulation: Optogenetics Tools, Microinjection Systems, Electroporation Devices

4) By Whole Brain Imaging: Functional Magnetic Resonance Imaging (fMRI), Positron Emission Tomography (PET), Diffusion Tensor Imaging (DTI)

5) By Other Types: Neuroinformatics Tools, Brain-Computer Interface Technologies, Neuromodulation Devices

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What Are the Fastest-Growing Geographies in the Neuroscience Market?

North America was the largest region in the neuroscience market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neuroscience market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which Cutting-Edge Market Trends Are Expected to Drive theNeuroscience Market’s Growth?

The neuroscience market is experiencing a notable trend with the emergence of technological advancements. Pioneering solutions such as artificial intelligence and machine learning, developed by major market stakeholders, are driving progress in the neuroscience field. These technologies equip machines to mimic and even surpass human cognitive abilities. Artificial intelligence (AI) models are developed to perform intelligence-oriented tasks, introducing new hypotheses regarding the regulation of similar processes in the human brain. An example of this is the February 2024 launch of a revolutionary diagnostic and assessment tool called Smart Quant Neuro 3D by Koninklijke Philips N.V., a tech firm based in the Netherlands, and Synthetic MR, a Swedish MRI software company. The tool combines Philips’ AI-driven SmartSpeed technology, the 3D SyntAc application, and Synthetic MR’s SyMRI NEURO 3D software. This combination provides medical professionals with superior diagnostic instruments, thereby building greater assurance and improving patient results. Philips exclusively offers SyMRI NEURO 3D with its MR scanners.

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What Are the Key Elements That Define the Neuroscience Market?

Neuroscience is the study of the human nervous system and brain, which employ cellular, and molecular biology, anatomy and physiology, human behavior and cognition, and other fields to map the brain mechanistically. Neuroscience is used in developing drugs and other treatment and prevention methods for these and aids many other health problems.

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