Neurological Disorder Diagnostics Market Growth in Future Scope 2022-2028 | Siemens Healthineers, Koninklijke Philips N.V., General Electric Company, Esaote SpA

𝐂𝐨𝐡𝐞𝐫𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 released a new market study on 2022-2028 Neurological Disorder Diagnostics Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The global research report delivers an in-depth watch on leading competitors with strategic analysis, small and macro business trends and eventualities, valuation analysis and a holistic summary within the forecast amount. Its knowledge and in-depth reports specializing in primary and secondary drivers, market share, leading segments, and geographical analysis. Further, key players, major collaborations, merger & acquisitions of trending innovation and business policies reviewed within the report. The report contains basic, secondary and advanced data referring to international standing and trend, size, share, growth, trends analysis, section, and forecasts.

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Neurological disorder diagnostics is a rapidly expanding area of biotechnology research that focuses on understanding how living systems affect one another and how neurological disorder can cause biochemical, genetic or cellular responses that effect other biochemical systems within the body. With advances in technology and associated science, neurological disorder diagnostic testing has gone from strength to strength. Neurological disorders diagnosis tools are specialized instruments used to diagnose various neurological conditions. These instruments enable researchers and clinicians to make accurate conclusions regarding neurological dysfunctions and their consequences.

Competitive Landscape:

Key players involved in the market are Koninklijke Philips N.V., Siemens Healthineers, General Electric Company, Esaote SpA, Masimo Corporation, NeuroLogica Corporation, Neusoft Medical Systems, York Instruments Ltd., and Canon Medical Systems Corporation

Key Market Drivers:

The growing prevalence of the neurological disorder is a prime factor driving growth of the neurological disorder diagnostics market. According to the Pan American Health Organization, in 2019, regionwide Neurological conditions account for 533,172 deaths, 213,129 (40%) in men, and 320,043 (60%) in women. 32.9 deaths per 100,000 population (age-standardized), 33.1 deaths per 100,000 population in men and 32.2 deaths per 100,000 population in women. Moreover, according to data published by Alzheimer’s Association in 2018, around 5.7 million people in the U.S. of all age groups suffered from Alzheimer’s and dementia in 2017.

Increasing initiatives by the government to raise awareness regarding neurological disorder is expected to foster growth of the market. For instance, in September 2018, The Government of India has introduced welfare programmes, such as Ayushmann Bharat—Pradhan Mantri Jan Arogya Yojna, for various diseases including neurological disorders.

Covid-19 Impact Analysis

During pandemic, there is high demand for neurological disorder diagnostics as Covid-19 infection has an adverse effect on the brain. These devices were widely gaining demand for analyzing the impact of Covid-19 on a patient’s brain. Thus, the neurological disorder diagnostics market witnessed strong growth during a pandemic.

Key Takeaways:

The neurological disorder diagnostics market is expected to exhibit a CAGR of 7.6% over the forecast period, increasing investment by key players on neurological diagnostic device. For instance, in January 2021, Manus Neurodynamica, a medical technology company, has raised £1.2 million ($1.6 million) to launch NeuroMotor, a digital pen with a patented sensor technology that can help diagnose patients with Parkinson’s disease and other movement disorders.

North America is expected to witness significant growth over the forecast period and this is attributed to the increasing launch of innovative and high performance diagnostic device. For instance, in January 2021, Abbott announced the launch of NeuroSphere™ myPath™, a digital health app designed to track and report on patient perceived pain relief and general well-being associated with spinal cord stimulation (SCS) or dorsal root ganglion (DRG) therapy.

𝐀𝐧 𝐨𝐮𝐭𝐥𝐢𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭:

⦿ The comprehensive market report is inclusive of a detailed summary of the competitive analysis of this industry.

⦿ Data related production sites, market share, area served, and more have been covered in the report.

⦿ The report elucidates data pertaining to the manufacturer’s product portfolio, product specifications, as well as numerous product applications.

⦿ A brief outline of the firm in question, its profit margins and pricing models are explained in the report as well.

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𝐒𝐨𝐦𝐞 𝐏𝐨𝐢𝐧𝐭𝐬 𝐟𝐫𝐨𝐦 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key takeaway

1.5. Stakeholders

2. Executive Summary

2.1. Market definition

2.2. Market segmentation

3. Neurological Disorder Diagnostics Market Insights

3.1. Neurological Disorder Diagnostics – Industry snapshot

3.1.1. Leading Companies

3.1.2. Key Companies to Watch

3.2. Neurological Disorder Diagnostics – Ecosystem analysis

3.2.1. Market overview

3.2.2. Commercial Landscape

3.3. Neurological Disorder Diagnostics Market Dynamics

3.3.1. – Market Forces

3.3.1.1. Market Driver Analysis

3.3.1.2. Market Restraint/Challenges analysis

3.3.1.3. Market Opportunity Analysis

3.4. Industry analysis – Porter’s five forces

3.4.1. Bargaining power of supplier

3.4.2. Bargaining power of the buyer

3.4.3. Threat of substitute

3.4.4. The threat of new entrant

3.4.5. Degree of competition

3.5. Market PEST Analysis

3.6. Market Value Chain Analysis

3.7. Industry Trends

3.8. Competitive Ranking Analysis

𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐝…………..

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