This Neurodiagnostics Market sector is rapidly evolving, with substantial growth and advancements expected by 2031. In-depth market research offers a comprehensive analysis of market size, share, and trends, providing crucial insights into its expansion. The report explores market segmentation and definitions, elucidating key components and drivers. Utilizing SWOT and PESTEL analyses, it evaluates the market's strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, environmental, and legal factors. Expert Competitors Analysis insights and recent developments shed light on the geographical distribution and project the market's future trajectory, laying a strong foundation for strategic planning and investment.
What is the projected market size & growth rate of the Neurodiagnostics Market?
Market Analysis and Size
According to the Global Burden of Disease/Institute for Health Metrics and Evaluation, neurological diseases were the leading cause of disability-adjusted life years (DALY) (approximately 276 million) and deaths worldwide in 2016. (approximately 9 million people) Furthermore, the World Health Organization (WHO) predicts that the number of people suffering from neurological diseases will rise from 95 million in 2015 to 103 million by 2030.
Data Bridge Market Research analyses that the neurodiagnostics market which was USD 7.28 billion in 2021, is expected to reach USD 12.79 billion by 2029, at a CAGR of 7.3% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Neurodiagnostics market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Neurodiagnostics Market.
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Which are the driving factors of the Neurodiagnostics market?
The driving factors of the Neurodiagnostics market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Neurodiagnostics across various industries further propel market expansion.
Neurodiagnostics Market - Competitive and Segmentation Analysis:
Global Neurodiagnostics Market, By Product (Diagnostic Imaging Systems, Clinical Diagnostic Instruments, Reagents and Consumables), Condition (Neurodegenerative Diseases, Stroke, Epilepsy, Headache Disorders, Sleep Disorders, Neuroimaging Technologies, In Vitro Diagnostics, Neuroinformatics), End User (Hospitals and Surgical Centers, Diagnostic Laboratories and Imaging Centers, Neurology Centers, Ambulatory Care Centers, Research Laboratories and Academic Institutes) – Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Neurodiagnostics market?
Some of the major players operating in the neurodiagnostics market are: