Covina, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Neurodiagnostics is the study of brain in which it records activity of brain & central nervous system to evaluate if it functions correctly. Various test are available in diagnosis of neurological disorder. Neurological diseases includes, Parkinson’s disease, Alzheimer’s disease, Huntington’s disease, autism spectrum disorders, multiple sclerosis, and amyotrophic lateral sclerosis. There is rise in prevalence of neurological diseases worldwide. Diagnosis of neurological diseases includes various diagnostic methods like, EEG (electroencephalogram system), which helps in recording electrical activity of brain. Computed tomography (CT) scan is imaging technique which helps in capturing cross-sectional views of brain and surrounding structures and are widely used. Magnetic resonance imaging (MRI) helps in allowing visualization of soft tissues and structure of brain. Advancement in Biomarker technology has allowed to permit molecular measures which are taken from cerebrospinal fluid (CSF), brain, saliva, plasma, urine, etc. Different in-vitro diagnostic tools like immunoassays are most specific, sensitive, & selective technology used for interrogating protein based markers. Western blot, immunohistochemistry, ELISA (enzyme-linked immune-sorbent assay), CLIA (chemiluminescent immunoassay), LFIA (lateral flow immunoassay) are different types of in-vitro diagnostic immunoassays used for detection of biomarkers. Electromyography (EMG) and electroencephalogram system (EEG) are used in measuring nerve function and activity of brain by using small electric sensors. New technological advancement has given push in Neurodiagnostics market growth.
The report “Neurodiagnostics Market, By Type (In-vitro Diagnostics, Imaging Systems, Molecular Diagnostics, Computed Tomography (CT), Electroencephalogram Systems, and Others), By End-Users (Hospitals, Clinics, Diagnostic Laboratories, Research Laboratories, Neurology Centers, Surgery Centers, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
Key Highlights:
- In March 2022, Siemens Healthineers has unveiled its new latest innovations in medical imaging at IRIA 2022 Bengaluru. Siemens Healthineers has introduced two unique solutions ‘MAGNETOM Free.Star’ and ‘NAEOTOM Alpha’ in CT and MRI portfolio. ‘MAGNETOM Free.Star’ is the scanner of new generation which is disruptively simple approach to MRI (magnetic resonance imaging) that used in transforming access to high value care. ‘NAEOTOM Alpha’ is the world’s first photon counting CT and offers spectral information in each scan, high resolution images at minimal dose, and improve contrast at lower noise.
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Analyst View:
The key factor driving the growth of the neurodiagnostics market is rising prevalence of neurological diseases, rising urban population which has led to unhealthy lifestyle, poor nutrition food, excess use of social media, lack of face to face communication, living alone, which has given rise in depression and dementia. Awareness about health among individual, high spending on healthcare due to disposal income, robust healthcare infrastructure with well-established equipment has given positive impact on neurodiagnostics market growth. However, rising neurological diseases and technological advancement in diagnostic techniques is anticipated to increase demand for neurodiagnostics during forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on“Neurodiagnostics Market, By Type (In-vitro Diagnostics, Imaging Systems, Molecular Diagnostics, Computed Tomography (CT), Electroencephalogram Systems, and Others), By End-Users (Hospitals, Clinics, Diagnostic Laboratories, Research Laboratories, Neurology Centers, Surgery Centers, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
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Key Market Insights from the report:
Neurodiagnostics Market accounted for US$ 7.22 billion in 2022 and is estimated to be US$ 17.8 billion by 2032 and is anticipated to register a CAGR of 11.8%. The Neurodiagnostics Market is segmented based on Type, End-Users and Region.
- Based on Type, Neurodiagnostics Market is segmented into In-vitro Diagnostics, Imaging Systems, Molecular Diagnostics, Computed Tomography (CT), Electroencephalogram Systems, and others.
- Based on End-Users, Neurodiagnostics Market is segmented into Hospitals, Clinics, Diagnostic Laboratories, Research Laboratories, Neurology Centers, Surgery Centers, and others.
- By Region, the Neurodiagnostics Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Neurodiagnostics Market:
The prominent players operating in the Neurodiagnostics Market includes, GE Healthcare, Thermo Fisher Scientific Inc., Siemens Healthineers, Hoffman La Roche AG, Mitsar Co. Ltd., QIAGEN, Canon Inc., Philips Healthcare, Bio-Rad Laboratories Inc., Combinostics, and others.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Scope of the Report:
1. Neurodiagnostics Market, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- In-vitro Diagnostics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Imaging Systems
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Molecular Diagnostics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Computed Tomography (CT)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Electroencephalogram Systems
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
2. Neurodiagnostics Market, By End-Users, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Clinics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Diagnostic Laboratories
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Research Laboratories
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Neurology Centers
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Surgery Centers
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
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Some Important Points Answered in this Market Report Are Given Below:
- Explains an overview of the product portfolio, including product development, planning, and positioning
- Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
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