NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Neuroscience Market Size, Share, Growth Analysis Report By Component Type (Instruments, Software, and Services), By End User (Hospitals, Diagnostics Laboratories, Research Institutes, and Academic Institutes), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

“According to the latest research study, the demand of global Neuroscience Market size & share in terms of revenue was valued at USD 31.80 million in 2021 and it is expected to surpass around USD 39.09 million mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 3.50% during the forecast period 2022 to 2028.”

What is Neuroscience? How big is the Neuroscience Industry?

Report Overview:

Numerous scientific fields, including language, computation, philosophy, psychology, and chemistry, are related to neuroscience. The neurotic system is studied from a cellular, operational, behavioral, molecular, evolutionary, and therapeutic perspective. Several technologies are available in the neuroscience market that is used to image the nervous system.

The neuroscience market is anticipated to expand over the forecast period due to the accuracy of the equipment used by neuroscientists. The segment uses a variety of methods, including neuro-microscopy and proteomic analysis.

Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs - https://www.fnfresearch.com/sample/neuroscience-market

(A free sample of this report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the Following:

(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)

Report Scope

Report Attribute Details
Market Size in 2021 USD 31.80 Million
Projected Market Size in 2028 USD 39.09 Million
CAGR Growth Rate 3.50% CAGR
Base Year 2021
Forecast Years 2022-2028
Key Market Players SCarl ZEISS AG, Danaher Corporation (Leica Microsystems), GE Company, Siemens AG, Koninklijke Philips N.V., Toshiba Corporation, Hitachi Medical Corp., EsaoteSpA, HAAG-STREIT Group, Opto fine Instruments Pvt. Ltd., Synaptive Medical, Operating Microscopes, Pridex Medicare Pvt. Ltd., and Others
Key Segment By Component Type, End User, and Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Purchase Options Request customized purchase options to meet your research needs. Explore purchase options

Global Neuroscience Market Dynamics

Neuroscience relies heavily on proteomic technologies, which are in high demand due to their accessibility. The development of neuro-microscopy is aided by technological advances, fostering the expansion of the neuroscience market. Owing to technological advancement, the market is estimated to grow at a CAGR of 3.50% during the forecast period. The key reason driving the market expansion is the rising fatalities caused by various neurological disorders, including Parkinson's disease, Alzheimer's disease, schizophrenia, and other brain-related conditions.

Other significant growth-inducing elements include the rising demand for neuroimaging technologies and the ongoing research and investigation efforts into brain mapping. The governments of numerous countries are also making positive efforts to raise awareness about neurological illnesses and the available therapeutic choices. Additionally, the market is expanding due to the increased use of microscopy, optogenetics, magnetic resonance imaging (MRI), and electrophysiology tools in diagnosing various neurological illnesses.

However, the expensive cost of some instruments and ethical issues with animal testing is anticipated to impede market expansion.

Browse the full “Neuroscience Market Size, Share, Growth Analysis Report By Component Type (Instruments, Software, and Services), By End User (Hospitals, Diagnostics Laboratories, Research Institutes, and Academic Institutes), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/neuroscience-market

Neuroscience Market: COVID-19 Impact Analysis

Because of the COVID-19 outbreak, it is anticipated that all non-emergent brain imaging procedures and other procedures will be halted. This is anticipated to have a negative impact on the neuroscience business. There has been a flood of studies published to demonstrate how the pandemic has impacted the market that is the subject of the investigation. As a direct result of the epidemic, there is an increased sense of urgency throughout the majority of the world to strengthen mental health services. The COVID-19 pandemic has delayed clinical trial procedures, research and development, and pipeline products, all of which are expected to be affected, resulting in limited growth throughout the predicted time. This is due to the fact that there is a good late-stage product pipeline.

Neuroscience Market: Segmentation Analysis

The Neuroscience Market is segregated based on component type and end users.  

The market is divided into Instruments, Software, and Services based on component type. Compared to Software and services, the instrumentation segment generated a sizeable portion of sales. Nevertheless, this segment has a considerable market share due to its high pricing and availability of cutting-edge technology compared to other markets for neuroscience components.

Based on end users, the market is divided into Hospitals, Diagnostics Laboratories, Research Institutes, and Academic Institutes.  Hospitals are expected to experience the fastest market growth in the predicted time frame. One of the key elements propelling the hospital segment is the growing desire of patients for hospitals to have a better diagnosis of their neurological problems. In addition, hospitals' high standard of care and the accessibility of cutting-edge technology has favorably influenced the segment's growth.

Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/neuroscience-market

Competitive Landscape

Some of the main competitors dominating the global Neuroscience market include - 

Key Insights from Primary Research:

Have Any Query? Ask Our Experts: https://www.fnfresearch.com/inquiry/neuroscience-market

Key questions answered in this report:

Regional Analysis:

Over the course of the forecast, North America is anticipated to hold the biggest market share. The increase in financing for various neurodegenerative disease research projects, the rise in disease prevalence and awareness, and the existence of significant market participants are the main drivers of market expansion in the investigated area. Key firms are concentrating on launching new items in the area to maintain their industry position.

Additionally, due to an increase in product launches, Asia Pacific is predicted to grow considerably. Thanks to its continuously expanding healthcare infrastructure and sizable target market, China and Japan are leading the charge in the same. Additionally, facilities for brain-related research are being expanded. For instance, the Mumbai, India-based artificial intelligence company Qure.ai recently unveiled new AI-driven technology that facilitates brain interpretation. The platform assists in using CT images to detect internal organ or tissue haemorrhages, fractures, and other serious anomalies in the head.

Recent Developments

Request for Customization on this Report as per your requirements - https://www.fnfresearch.com/customization/neuroscience-market

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

The global Neuroscience market is segmented as follows:

By Component Type

By End User

By Region

Request For Free Sample Report of the Global Neuroscience Market @ https://www.fnfresearch.com/sample/neuroscience-market

Key Offerings:

Browse Other Related Research Reports from Facts & Factors:

Global Cyber Security in Healthcare Market - https://www.fnfresearch.com/cyber-security-in-healthcare-market

Global Cryotherapy Units Market - https://www.fnfresearch.com/cryotherapy-units-market

Global Cell Culture Media Market - https://www.fnfresearch.com/cell-culture-media-market

Global Automated Cell Counters Market - https://www.fnfresearch.com/automated-cell-counters-market

Global Anaesthetic Equipment Market - https://www.fnfresearch.com/anaesthetic-equipment-market

Global Ankle Splint Market - https://www.fnfresearch.com/ankle-splint-market

About Facts & Factors:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us on LinkedIn: https://www.linkedin.com/company/fnfresearch

Follow Us on Twitter: https://twitter.com/fnfresearch

Follow Us on Facebook: https://www.facebook.com/factsandfactors/

Contact Us:

Rushikesh Dorge

USA: +1 347 690-0211

United Kingdom: +44 2032 894158

Japan: +81 50 5806 9039

India: +91 73877 19999

Email: sales@fnfresearch.com

Blog: http://fnfnewsblog.com