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Neuroscience Market Globally Reach USD 34,800 million by 2024

01-22-2019 02:00 PM CET | Health & Medicine

Press release from: zion market research

Neuroscience Market Globally Reach USD 34,800 million by 2024

The new report by Zion Market Research on the “Neuroscience Market — Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024" has a vast information about the market and its potential. The global neuroscience market was valued at around USD 26,350 million in the year 2016 and it is expected to reach approximately USD 34,800 million by 2024. The global neuroscience market is expected to exhibit a CAGR of more than 3.5% between 2017 and 2024.

The increase in the number of central nervous system (CNS) diseases and the growth in the advanced technological advancements are the primary factors that are driving the neuroscience market. Other factors that are expected to drive the market growth positively are favorable reimbursement policies and the growing government spending on the healthcare infrastructure.

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Our research analysts observed that the neuroscience market will experience a rapid development in the coming years. Increase in the number of the organizations and institutes that are majorly focusing on the development of neuroscience has accelerated the research and development. Some of the organizations and the institutes that are already majorly contributing to the developments in the field of neuroscience are NeuroScience Canada, Ontario Brain Institute, NIH, and other universities.

The global neuroscience market is segmented on the basis of the component, end-users, and the geographical regions.

Global Neuroscience Market: Component Segment Analysis

Instrument
Software
Services
Global Neuroscience Market: End-user Segment Analysis

Academic Institutes
Diagnostic Laboratories
Hospitals
Research Institutes
Global Neuroscience Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

Download Free PDF Report Brochure @ http://bit.ly/2UaafCb

Increasing occurrences of diseases such as Parkinsonism and Alzheimer’s disease together with other inherited CNS disorders has increased the necessity for new developments & improvements in neuroscience industry which is expected to significantly boost the neuroscience market during the forecast period.

The market for neuroscience is segmented by different component types. High use of imaging machines, intraneural imaging tools, and other neuroscience devices are expected to dominate the neuroscience market throughout the forecast period. Increasing R&D coupled with the novel and innovative technologies in brain mapping and other neurological studies is expected to provide a better understanding of neuron functions, which in turn is propelling the market growth during the forecast period. Different instruments that are used while studying neurological disorders are electrophysiology instruments, MRI instruments, optogenetics instruments, and microscopy instruments. The increased penetration of these instruments in the field of neuroscience has positively affected the segment growth.

However, software component segment is expected to grow with highest CAGR during the forecast period. Rising trade of neuroscience devices with integrated software for imaging and diagnostics purpose is driving the demand for the software in the neuroscience market.

Inquire more about this report @ http://bit.ly/2U8RCyF

Hospitals segment anticipates holding a major share in global neuroscience market by end-user type owing to increasing cases of CNS-related diseases and rising diagnosis ratio. Furthermore, rising awareness among the population and high demand for neurological diagnostics in hospitals are other factors that are driving the growth of hospital segment during the forecast period. Diagnostic laboratories segment accounted for the second largest share in global neuroscience market by end-user. Increasing concerns about the prevalence of various diseases and advancing technological infrastructure to provide more precise diagnostic results to meet the unmet need regarding CNS disorders will fuel the diagnostic laboratories segment during the forecast period.

The neuroscience market is growing at a rapid rate in the developed regions. North America dominates the neuroscience market. Whereas Asia Pacific is having a significant share in the neuroscience market and is anticipated to grow at highest CAGR. Owing to the increasing geriatric population and rising incidences of CNS-related diseases in the developing countries the neuroscience market is gaining traction in the Asia Pacific.

Browse detail report @ http://bit.ly/2UbkRkx

The major market players in the neuroscience market are Alpha Omega, Axion Biosystems, Blackrock Microsystems LLC, Femtonics Ltd., Intan Technologies, LaVision Biotec GmbH, Mediso Medical Imaging Systems, Neuralynx Inc., NeuroNexus Technologies, Neurotar Ltd., Newport Corporation, Plexon Inc., Scientifica Ltd., Sutter Instrument Corporation, Thomas Recording GmbH, and Trifoil Imaging Inc., among others.

About us:

Zion Market Research is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Zion Market Research is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading industry and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

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Tel: +49-322 210 92714
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Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

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