Press release
Neuroscience Market to Reach $73.5B by 2033, Growing at 5.7% CAGR | GE HealthCare, Medtronic plc, F. Hoffmann-La Roche Ltd., Abbott Laboratories
The Global Neuroscience Market was valued at US$ 44.6 billion in 2024 and is projected to grow to US$ 73.5 billion by 2033, expanding at a CAGR of 5.7% during the forecast period (2025-2033).This market report, published by DataM Intelligence, offers a comprehensive analysis of emerging trends, key growth drivers, competitive dynamics, and future opportunities in the neuroscience sector. Combining rigorous qualitative and quantitative methodologies, it delivers actionable insights to help stakeholders make informed strategic decisions.
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What is Neuroscience?
Neuroscience is the multidisciplinary study of the nervous system-including the brain, spinal cord, and neural circuits. It encompasses areas such as behavior, cognition, neurological disorders, and brain functionality.
Market Drivers:
The neuroscience market is witnessing rapid evolution due to:
➥ Increasing prevalence of neurodegenerative and mental health disorders
➥ Rising R&D investment and focus on personalized therapies
➥ Growing demand for non-invasive diagnostic and treatment technologies
Market Outlook & Forecast
The market is anticipated to experience substantial growth through 2033, driven by rising investments in brain research, increasing incidence of neurological disorders, and technological advancements in brain imaging, neurostimulation, and AI-based diagnostics.
List of the Key Players in the Neuroscience Market:
GE HealthCare, Medtronic plc, F. Hoffmann-La Roche Ltd., Siemens Healthcare Private Limited, B. Braun Melsungen AG, Stryker Corporation, Abbott Laboratories, Boston Scientific Corporation, Terumo Corporation, Bio-Rad Laboratories, Inc. and among others.
Industry Development:
▶ In June 2025, Sanofi announced its acquisition of Vigil Neuroscience for $470 million, with an additional contingent value right of $2 per share tied to the success of VG-3927, an experimental Alzheimer's treatment. VG-3927 targets TREM2, a protein linked to neuroinflammation and Alzheimer's risk, and is expected to begin Phase 2 testing in the third quarter of 2025.
▶ In May 2025, Paradromics Inc., an Austin-based neurotechnology startup, successfully completed its first-in-human brain implant procedure. The company's Connexus Brain-Computer Interface (BCI) was temporarily implanted into a patient's temporal lobe during epilepsy surgery, marking a significant step toward clinical trials aimed at aiding individuals with communication impairments due to conditions like ALS, spinal cord injuries, or strokes.
▶ In April 2025, Precision Neuroscience obtained FDA 510(k) clearance for its Layer 7 Cortical Interface, a high-resolution cortical electrode array. The device is authorized for commercial use with implantation durations of up to 30 days and has been implanted in 37 patients as of April 2025.
▶ In early 2025, Johnson & Johnson announced the acquisition of Intra-Cellular Therapies, a neuroscience-focused biotech company, for $14.6 billion. This strategic move aims to bolster J&J's portfolio in treatments for central nervous system disorders, including major depressive disorder, anxiety, and Parkinson's disease.
Research Methodology:
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the Neuroscience Market:
By Type
Cellular & Molecular Neuroscience
Cognitive, Clinical, Developmental, Behavioral, and Computational Neuroscience
Others
By Component
Instruments
Consumables
Software & Services
By Technology
Brain Imaging
Neuro-Microscopy
Stereotaxic Surgeries
Neuro-Proteomic Analysis
Neuro-Cellular Manipulation
Others
By End-User
Hospitals
Specialty Clinics
Diagnostic Centers
Research & Academic Institutes
Others
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This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for Neuroscience Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Neuroscience market?
➠ Who are the global key manufacturers of the Neuroscience Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Neuroscience market opportunities and threats faced by the vendors in the global Neuroscience Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Neuroscience market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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