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29-Dec-2023

Neurodiagnostics Market Watch: Emerging Trends & Opportunities by 2032 | CAGR 7%

Allied Market Research has recently released a comprehensive research study titled “Global Neurodiagnostics Market: Outlook and Forecast 2023-2032.” This report thoroughly evaluates market risks, highlights opportunities, and provides strategic and tactical decision-making support for the period from 2023 to 2032. The market study includes a regional segmentation that drives marketization. It offers valuable insights into research and development within the market, growth drivers, and the evolving investment structure of the global Neurodiagnostics Market. The study also profiles key industry players, including Bio-Rad Laboratories, Canon, F. Hoffmann-La Roche, FUJIFILM Holdings, GE Healthcare, Lifelines Neuro Company, Philips, QIAGEN, Siemens, and Thermo Fisher Scientific.

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Neurodiagnostics Market Statistics: Global neurodiagnostics market was valued at $6,530 million in 2020, and is projected to reach $12,899 million by 2030, registering a CAGR of 7.0% from 2021 to 2030.

Neurodiagnostics Market Growth Drivers:

Rising Prevalence of Neurological Disorders: The increasing incidence of neurological disorders such as Alzheimer’s, Parkinson’s, epilepsy, and multiple sclerosis is a primary driver. As awareness grows and diagnostic capabilities improve, the demand for neurodiagnostic tools rises.

Advancements in Technology: Technological innovations in neuroimaging, electroencephalography (EEG), magnetoencephalography (MEG), and other diagnostic tools play a pivotal role. High-resolution imaging techniques, AI-driven analysis, and portable diagnostic devices are enhancing accuracy and accessibility.

Increasing Aging Population: With an aging population worldwide, the prevalence of age-related neurological disorders is on the rise. This demographic trend significantly contributes to the growing demand for neurodiagnostic tools and services.

Integration of Artificial Intelligence (AI) and Machine Learning: AI and machine learning applications are revolutionizing neurodiagnostics by enhancing accuracy, speed, and efficiency in analyzing complex neurological data. These technologies aid in pattern recognition, assisting clinicians in diagnosis and treatment planning.

Telemedicine and Remote Monitoring: The adoption of telemedicine and remote monitoring solutions in neurology allows for real-time assessment and consultation, especially beneficial for patients in remote areas or those with limited access to specialist care.

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The segments and sub-section of Neurodiagnostics Market is shown below:

By Products: Diagnostic & Imaging System and In-Vitro Diagnostics

By Condition: Neuro Degenerative Disease, Epilepsy, Stroke, Headache Disorder, Sleep Disorder, and Others

By End User: Hospitals & Surgery Centers, Diagnostic Laboratories & Imaging Centers, and Others

Some of the key players involved in the Market are: Bio-Rad Laboratories, Canon, F. Hoffmann-La Roche, FUJIFILM Holdings, GE Healthcare, Lifelines Neuro Company, Philips, QIAGEN, Siemens, and Thermo Fisher Scientific.

Important years considered in the Neurodiagnostics study:

Historical year – 2018-2022; Base year – 2022; Forecast period** – 2022 to 2032 [** unless otherwise stated]

If opting for the Global version of Neurodiagnostics Market; then below country analysis would be included:

– North America (USA, Canada and Mexico)

– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)

– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)

– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)

– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

Key Questions Answered with this Study:

1) What makes Neurodiagnostics Market feasible for long term investment?

2) How influencing factors driving the demand of Neurodiagnostics in next few years?

3) Territory that may see steep rise in CAGR & Y-O-Y growth?

4) What geographic region would have better demand for product/services?

5) What opportunity emerging territory would offer to established and new entrants in Neurodiagnostics Market?

6) What strategies of big players help them acquire share in mature market?

7) Know value chain areas where players can create value?

8) What is the impact analysis of various factors in the Global Neurodiagnostics Market growth?

9) Risk side analysis connected with service providers?

Introduction about Neurodiagnostics Market

Neurodiagnostics Market Size (Sales) Market Share by Type (Product Category)

Neurodiagnostics Market by Application/End Users

Neurodiagnostics Sales (Volume) and Market Share Comparison by Applications

Global Neurodiagnostics Sales and Growth Rate (2022-2032)

Neurodiagnostics Competition by Players/Suppliers, Region, Type, and Application

Neurodiagnostics (Volume, Value, and Sales Price) table defined for each geographic region defined.

Neurodiagnostics Players/Suppliers Profiles and Sales Data

Key Raw Materials Analysis & Price Trends

Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis

……..and view more in complete table of Contents

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Thanks for reading this article; you can also get an individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.

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Last Updated: 29-Dec-2023