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Neurotechnology Market 2023 Analysis and Forecast To 2032 By Key Players, Share, Trend, Segmentation, Top Leaders and Regional
Neurotechnology Market
The global Neurotechnology market size is expected to grow from $6.73 billion in 2022 to $7.24 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The Neurotechnology market size is expected to grow to $9.48 billion in 2027 at a CAGR of 7.0%.
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Neurotechnology Market Drivers
The increased prevalence of neurological conditions is expected to propel the growth of the neurotechnology market going forward. A neurological condition is any disorder or disease that affects the brain; common neurological conditions include Alzheimer's disease, Parkinson's disease, epilepsy, and migraine. Neurotechnology is being used to diagnose and treat neurological disorders in a variety of ways, including brain imaging, neurostimulation, neurofeedback, and brain-computer interfaces.
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Neurotechnology Market Segments
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North-America was the largest region in the Neurotechnology market.
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Neurotechnology Market Key Players
Major players in the neurotechnology market are General Electric, Medtronic PLC, Koninklijke Philips N.V., Toshiba Medical Systems Corporation, Shimadzu Corporation, EndoStim Inc., Elekta AB, Tristan Technologies Inc., Natus Medical Incorporated, Abbott, Boston Scientific Corporation, Cleveland Medical Devices Inc., Cogentix Medical Inc., Nihon Kohden Corporation and LivaNova PLC.
The Business Research Company's "Global Neurotechnology Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Neurotechnology Market Include:
1. Executive Summary
2. Neurotechnology Market Characteristics
3. Neurotechnology Market Trends And Strategies
4. Neurotechnology Market - Macro Economic Scenario
5. Neurotechnology Market Size And Growth
……
27. Neurotechnology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Neurotechnology Market
29. Neurotechnology Market Future Outlook and Potential Analysis
30. Appendix
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