With 5.1% CAGR, Global Neuroscience Market Size to Surpass US$ 520 Mn by the end of 2032

Due to the region’s growing medical infrastructure, the instrument sector is anticipated to continue to dominate the Neuroscience market in terms of revenue over the forecast period. Over the forecast period, the MEA neuroscience market is expected to experience a moderate CAGR of 5.1%. The Rest of MEA market is anticipated to have a slow CAGR over the projected period in terms of value.

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The development of the neuroscience market is anticipated to be boosted by rising government spending on healthcare infrastructure in developed regions. The centres for Medicare and Medicaid Services predict that from 2016 to 2019, North American healthcare spending will grow by an average rate of 4.6% annually. Due to the Affordable Care Act’s significant impact on health insurance coverage, it is anticipated that national health spending in the U.S. will increase at an average rate of 5.6% every year. In 2017, the United States will witness rising interest in all medical devices, particularly neurological devices, as a result of this rising trend in government investment.

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Companies Covered in This Report –  (Neuroscience Market)

    • Carl ZEISS AG
    • Danaher Corporation (Leica Microsystems)
    • GE Company
    • Siemens AG
    • Koninklijke Philips N.V.
    • Toshiba Corporation
    • Hitachi Medical Corp.
    • Esaote SpA
    • HAAG-STREIT Group
    • Opto fine Instruments Pvt. Ltd.
    • Synaptive Medical
    • Operating Microscopes
    • Pridex Medicare Pvt. Ltd.

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Market Segmentation : Neuroscience Market

    • Neuroscience Market By Component Type :  Instruments : MRI Imaging Systems, Neuromicroscopy, Software, Services : Consulting Services, Installation Services, Maintenance Services
    • Neuroscience Market By End User : Hospitals, Diagnostics Laboratories, Research Institutes, Academic Institutes
    • Neuroscience Market By Region : North America, Latin America, Europe, APAC, MEA

Related Reports:

 Global Neuroscience Market: Forecast

    • According to our estimates, the global neuroscience market has grown from a little more than US$ 250 Mn in 2012 to little more than US$ 300 Mn by 2016 end.
    • We forecast that the global neuroscience market is expected to grow from more than US$ 300 Mn in 2016 to more than US$ 520 Mn by 2025 end. This represents a CAGR of 6.4% over the forecast period of 2017–2025.
    • The global market for neuroscience represents absolute $ opportunity of US$ 18.5 Mn in 2018 over 2017 and incremental opportunity of US$ 202.7 Mn between 2017 and 2025.

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