How the Neurotechnology Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theNeurotechnology Market?
The anticipated rise in neurological conditions is predicted to boost the expansion of the neurotechnology market. Neurological conditions are any disorders or diseases that impact the brain, such as Alzheimer’s disease, Parkinson’s disease, epilepsy, and migraine. Neurotechnology employs various methods, from brain imaging to neurostimulation, neurofeedback, and brain-computer interfaces, to diagnose and treat these conditions. For example, the American Heart Association Inc., a nonprofit organization based in the United States, indicated in January 2022 that Alzheimer’s disease and related dementias were projected to impact 9.3 million people in the United States by 2060. Moreover, the World Health Organization (WHO), an intergovernmental organization based in Switzerland, projected in February 2023 that about 5 million people globally would be diagnosed with epilepsy each year. As such, the anticipated rise in neurological conditions is fueling the expansion of the neurotechnology market.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9840&type=smp
How Will the Growth Rate of theNeurotechnology Market Impact Industry Trends by 2034?
In the past few years, the size of the neurotechnology market has witnessed significant growth. The market is projected to expand from the value of $15.38 billion in 2024, reaching $17.39 billion in 2025, at a compound annual growth rate (CAGR) of 13.1%. The previous period’s expansion can be linked to factors such as increased funding for research, an aging population, the rise in neurological disorder cases, regulatory support and government initiatives.
The market size of neurotechnology is predicted to experience accelerated expansion in the forthcoming years, reaching an estimated value of $29.8 billion by 2029, with a compound annual growth rate (CAGR) of 14.4%. This expansion during the forecast period could be a result of advancements in regulations, genomics, neurological disorders, the application of telemedicine in neurology, acceptance of precision medicine, and the progression of closed-loop systems. Key trends during this period are likely to encompass progress in neuroinformatics, interventions in neuroplasticity, brain mapping initiatives, solutions for remote monitoring, and non-invasive brain stimulation.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9840
How Are Consumer Market Innovations Shaping the Current and Future Landscape of theNeurotechnology Market?
The adoption of advanced technologies is an emerging trend in the neurotechnology industry. Firms in this field are implementing innovative technologies to maintain market dominance. Blackrock Neurotech, a biotechnology firm based in the US, exemplifies this trend by launching a next-generation neurotechnological tool named Neuralace in November 2022. Resembling a piece of delicate lace that’s thinner than an eyelash, Neuralace can cover broad regions of the brain’s surface. The platform—devised to accommodate an ultra-high channel count, with flexible electrodes—paves the way for the technology powering future Brain-Computer Interfaces (BCIs). This system has facilitated patients in regaining touch function, movement of limbs and prosthetics, and control over digital tools.
Who Are the Key Market Players Influencing the Growth of the Corn and Neurotechnology Industry?
Major companies operating in the neurotechnology market include General Electric, Medtronic PLC, Koninklijke Philips N.V., Shimadzu Corporation, EndoStim Inc., Elekta AB, Natus Medical Incorporated, Abbott, Boston Scientific Corporation, Cleveland Medical Devices Inc., Nihon Kohden Corporation, LivaNova PLC, Siemens Healthcare Private Limited, Hitachi Medical Corporation, Cochlear Limited, Advanced Bionics AG (Sonova), NeuroPace Inc., NeuroSigma Inc., NeuroMetrix Inc., NeuroSky Inc., NeuroVigil Inc., Neurotech Pharmaceuticals Inc., Neurotech International Limited, NeurotechEU, Neurotech Solutions, Neurotech Reports, Neurotech Research Development
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/neurotechnology-global-market-report
Which Key Market Segments Comprise the Neurotechnology Market and Drive Its Revenue Growth?
The neurotechnology market covered in this report is segmented –
1) By Conditions: Cognitive Disorders, Pain Treatment, Urinary And Faecal Incontinence, Epilepsy, Parkinson’s Disease, Hearing Conditions, Sleep Disorder, Depression, Other Conditions
2) By Type: Imaging Modalities, Neurostimulation, Cranial Surface Measurement, Neurological Implants, Other Types
3) By End Use: Ambulatory Surgical Centers, Hospitals, Homecare Facilities, Other End Uses
Subsegments:
1) By Cognitive Disorders: Alzheimer’s Disease, Attention Deficit Hyperactivity Disorder (ADHD), Dementia
2) By Pain Treatment: Chronic Pain, Neuropathic Pain, Acute Pain
3) By Urinary And Fecal Incontinence: Overactive Bladder, Neurogenic Bladder, Fecal Incontinence Management
4) By Epilepsy: Drug-Resistant Epilepsy, Seizure Management Devices
5) By Parkinson’s Disease: Motor Symptoms Management, Non-Motor Symptoms Management
6) By Hearing Conditions: Tinnitus, Hearing Loss Solutions
7) By Sleep Disorder: Insomnia, Sleep Apnea, Restless Legs Syndrome
8) By Depression: Major Depressive Disorder, Treatment-Resistant Depression
9) By Other Conditions: Anxiety Disorders, Autism Spectrum Disorder, Traumatic Brain Injury (TBI)
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=9840&type=smp
Which Regions Are Emerging as Leaders in the Neurotechnology Market?
North America was the largest region in the neurotechnology market in 2024. Europe is expected to be the fastest-growing region in the neurotechnology market report during the forecast period. The regions covered in the neurotechnology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Browse Through More Reports Similar to the Gobal Neurotechnology Maret 2025, By The Business Research Company:
Medical And Diagnostic Laboratory Services Global Market Report 2024
Neurosurgery Devices And Equipment Global Market Report 2024
Magnetic Resonance Imaging Devices And Equipment Global Market Report 2019
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
