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Leading Element Driving Change in the Neuroscience Antibodies & Assays Market in 2025: Surge In Neurological Illnesses Spurs Remarkable Growth In The Neuroscience Antibodies & Assays Market Driver
Neuroscience Antibodies & Assays Market
The escalation in occurrences of neurological disorders globally is projected to drive the expansion of the neuroscience antibodies & assays market in the future. Neurological disorders are conditions that impact the nervous system, with examples being epilepsy, Alzheimer's disease, dementia, and more. This surge in neurological diseases necessitates further research and development efforts for treatment. Antibodies and assays are pivotal in these R&D endeavors as they aid in understanding the growth, systems, structure, and functions, as well as disorders and degeneration of the nervous system. Consequently, the market for neuroscience antibodies & assays flourishes as the incidents of neurological diseases soar. For example, in May 2024, the Centers for Disease Control and Prevention, a U.S. federal agency, reported that around 2.9 million U.S. adults aged 18 and older had active epilepsy during 2021 and 2022. According to data from the Alzheimer's Association, a U.S.-based non-profit, 6.5 million people in the U.S were living with Alzheimer's disease in 2022. Hence, the growing prevalence of neurological illnesses worldwide is advancing the neuroscience antibodies and assays market.
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What is the projected compound annual growth rate (CAGR) of the neuroscience antibodies & assays market from 2025 to 2034, and what factors influence it?
The market size of neuroscience antibodies & assays has seen a swift expansion in the past few years. It is projected to rise from $4.52 billion in 2024 to $5.07 billion in 2025, with a compound annual growth rate (CAGR) of 12.2%. The historical growth can be credited to factors such as research funding, drug discovery and development, neurodegenerative diseases, government initiatives, and personalized medicine.
In the coming years, the market size of neuroscience antibodies & assays is predicted to expand rapidly. It's estimated to reach an impressive $8.74 billion by 2029, growing at a compound annual growth rate (CAGR) of 14.6%. The projected growth during this forecast period is attributed to factors such as collaboration, the use of telemedicine in neurology, advancements in training and education, biomarker-focused therapies and a growing focus on neuroimmunology. The key trends for this period also include microrna and non-coding rna assays, digital pathology, advanced imaging-compatible assays, single-cell analysis and 3D organoid models.
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How are the latest trends influencing the growth of the neuroscience antibodies & assays market?
The rise of technological developments is a prominent trend emerging in the neuroscience antibodies and assays market. To maintain their competitive advantage, key companies in this sector are unveiling new technologies like NeuroNexus Summa Framework. Indeed, NeuroNexus Technologies, an American provider of ground-breaking neural interface products and technologies, launched the NeuroNexus Summa Framework in February 2022. This innovation was created for both seasoned electrophysiologists and life science researchers seeking a straightforward method to include electrical signal readings from biological cells and tissues in their research process.
What are the major segments of the neuroscience antibodies & assays market and their role in driving growth?
The neuroscience antibodies & assays market covered in this report is segmented -
1) By Product: Consumables, Instruments
2) By Technology: Molecular Diagnostics, Clinical Chemistry, Immunoassays Or Immunochemistry, Others Technologies
3) By Application: In Vitro Diagnostics, Research, Drug Discovery
4) By End User: Hospitals And Diagnostics Centers, Academic And Research Institutes, Pharmaceutical And Biotechnology Companies
Subsegments:
1) By Consumables: Antibodies, Assay Kits, Assay Kits
2) By Instruments: Spectrophotometers, Microplate Readers, Flow Cytometers, Western Blotting Systems, Imaging Systems, Automated Workstations
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Which regions are key players in the growth of the neuroscience antibodies & assays market?
North America was the largest region in the neuroscience antibodies & assays market in 2024. The regions covered in the neuroscience antibodies & assays market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the key firms paving the way for growth in the neuroscience antibodies & assays market?
Major companies operating in the neuroscience antibodies & assays market include Abcam plc, BioLegend Inc., Bio-Rad Laboratories Inc., Cell Signaling Technology Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Merck KGaA, Rockland Immunochemicals Inc., GenScript Biotech Corporation, Santa Cruz Biotechnology Inc., Wak-Chemie Medical GmbH, Epitope Diagnostics Inc., Agilent Technologies, Bio-Techne Corporation, Creative Diagnostics, Enzo Life Sciences Inc., Jackson ImmunoResearch Laboratories Inc., Novus Biologicals LLC, OriGene Technologies Inc., Proteintech Group Inc., R&D Systems Inc., RayBiotech Inc., StressMarq Biosciences Inc., Synaptic Systems GmbH, Tocris Bioscience, Alomone Labs Ltd., AnaSpec Inc., Antibodies.com, Antibody Solutions, Arbor Assays, Uscn Life Science Inc., Zymo Research Corp., AAT Bioquest Inc., Abbexa Ltd., ACROBiosystems Inc., Active Motif Inc., AdipoGen Life Sciences, Advanced Targeting Systems Inc., AgriSera AB
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What Is Covered In The Neuroscience Antibodies & Assays Global Market Report?
•Market Size Forecast: Examine the neuroscience antibodies & assays market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the neuroscience antibodies & assays market for a structured understanding.
•Key Players Overview: Analyze major players in the neuroscience antibodies & assays market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the neuroscience antibodies & assays market.
•Segment Contributions: Evaluate how different segments drive overall growth in the neuroscience antibodies & assays market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the neuroscience antibodies & assays market.
•Industry Challenges: Identify potential risks and obstacles affecting the neuroscience antibodies & assays market.
•Competitive Landscape: Review strategic developments in the neuroscience antibodies & assays market, including expansions, agreements, and new product launches.
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