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The Neuroscience Market to Be High On IQ (Innovative Quotient) From 2025 (US$ 520 Million)

August 31st, 2021 Persistence Market Research Releases

The Neuroscience Market Share is expected to be worth US$ 520 Million at a CAGR of 7.2% between 2025. The present scenario is such that the patients’ social and personal resources are being supported through psychosocial health promotion. Community health managers are tied up with the local community, thereby improvising on social and personal resources to improve self-competence and render treatment compliance.

With healthy CAGR of 6.4%, the global neuroscience market is likely to grow from US$ 301.6 Mn in 2016 to US$ 520.8 Mn by 2025 end. This growth is mainly fuelled by advancement in neuroimaging and increasing R & D in neuroinformatics. “Neuroscience Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),” is the new publication of Persistence Market Research that focuses on merger and acquisition, strategic collaborations and technology, and technology transfer agreements, which play a vital role in the global neuroscience market.

Planning Forward? Access Sample of Neuroscience Market Report! https://www.persistencemarketresearch.com/samples/13390

Company Profiles 

  • Carl ZEISS AG
  • Danaher Corporation (Leica Microsystems)
  • GE Company
  • Siemens AG
  • Koninklijke Philips N.V.
  • Toshiba Corporation
  • Hitachi Medical Corp.
  • Esaote SpA
  • HAAG-STREIT Group
  • Opto fine Instruments Pvt. Ltd.
  • Synaptive Medical
  • Operating Microscopes
  • Pridex Medicare Pvt. Ltd.
  • Others

North America and Europe are expected to dominate the global neuroscience market in the assessed period of 8-years that is between 2017 and 2025.

Global Neuroscience Market: Relevance and Impact of Factors

  • Increasing consumer awareness regarding neuroscience and easy accessibility of the technology
  • Growing acceptance of e-health and integrated medical system
  • Increasing strategic collaborations among key players
  • Rise in incidence rate of lifestyle diseases and geriatric population worldwide
  • Reforming healthcare IT spending structure and advancement in digital technology
  • Shift towards value-based healthcare model

How About Revitalizing The Strategy-Oriented Funnel To Stay Ahead In The Neuroscience Market? https://www.persistencemarketresearch.com/methodology/13390

Global Neuroscience Market: Forecast by Component Type

On the basis of component type, the global neuroscience market is segmented into instrument, software and services. Instrument segmented is sub-segmented into MRI imaging systems and neuromicroscopy, while services segmented divided into consulting services, installation services and maintenance services.

Instrument segment dominated the global neuroscience market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Instrument segment is the most attractive segment, with attractiveness index of 2.6 over the forecast period.

Instrument segment was valued at US$ 221.6 Mn in 2016 and is projected to be valued at US$ 408.1 Mn in 2025 growing at a CAGR of 7.2% during the forecast period. This segment is expected to accounts for high revenue contribution to the global neuroscience market as compared to software and services segments over the forecast period.

Software segment is expected to be the second most lucrative segment in the global neuroscience market, with attractiveness index of 0.3 during the forecast period. This segment was accounted for 15.4% value share in 2017 which is expected to drop down to 12.9 % revenue share in 2025.

Global Neuroscience Market: Forecast by End User

On the basis of end user, global neuroscience market is segmented into hospitals, diagnostic laboratories, research institutes, and academic institutes.

Diagnostics laboratory segment is expected to be the second most lucrative segment in the global neuroscience market by 2025 end. However, in terms of CAGR and revenue share, hospitals segment is expected to lead he market throughout the estimated period. In 2025, hospital segment is likely to grab 40.2% market share in 2025, expanding at a robust CAGR of 7.3% during the estimated period.

Research institutes segment is expected to be the least attractive segment in the global neuroscience market, with attractiveness index of 0.7 during the forecast period.

Planning To Introduce An Offbeat Product/Technology In The Neuroscience Market? Go To “Purchase Now” To Have Our Neuroscience Market Report! https://www.persistencemarketresearch.com/checkout/13390

Global Neuroscience Market: Forecast by Region

On the basis of region, global neuroscience market is segmented into North America, Latin America, Europe, APAC and MEA. North America dominated the global neuroscience market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period.

North America is projected to be the most attractive market with attractiveness index of 2.3 during the forecast period. Europe is expected to be the second most lucrative market, with attractiveness index of 1.1 respectively during the forecast period.

Europe Neuroscience market accounted for 23.9% share in 2017 and is projected to account for 23.1% share by 2025 end.

Explore Extensive Coverage of Persistence Market Research’s Healthcare Industry

Related Reports:

Generic Oncology Drugs Market:

Generic Oncology Drugs has grown into an effective treatment option for indicative cancer cases, the manufacturers on the other end are focusing on introducing new product with quality difference over present product.

Endoscopic Submucosal Dissection Market:

The global endoscopic submucosal dissection market was valued at US$ 200 Mn in 2018, and is expected to exhibit a healthy CAGR of 7.5% over the estimation period (2019–2029).

Endoscopic Spinal Surgery Market:

The global endoscopic spinal surgery market was valued at US$ 573.6 Mn in 2020, and is expected to exhibit a CAGR of over 8% through the forecast period (2021 – 2031).

 About Us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
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