Press release
Neurotechnology Global Market Size is Expected to Reach $21.97 Billion By 2027 | Key Players: General Electric, Medtronic PLC, Koninklijke Philips N.V., EndoStim Inc., Elekta AB
Neurotechnology Market
The Business Research Company's Neurotechnology Global Market Report 2023 identifies 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.
The global neurotechnology market size is expected to grow from $11.90 billion in 2022 to $13.44 billion in 2023 at a compound annual growth rate (CAGR) of 12.89%. 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 global neurotechnology market size is expected to reach $21.97 billion in 2027 at a CAGR of 13.07%.
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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.
Technological advancements are a key trend gaining popularity in the neurotechnology market. Companies operating in the neurotechnology market are adopting new technologies to sustain their position in the market.
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https://www.thebusinessresearchcompany.com/report/neurotechnology-global-market-report
The Neurotechnology market is segmented -
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.
The Business Research Company's "Global Neurotechnology Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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