Report ID: SQMIG35D2139
Report ID:
SQMIG35D2139 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
67 |
Figures:
75
Neurodiagnostics Market size was valued at USD 7.97 Billion in 2023 and is poised to grow from USD 8.53 Billion in 2024 to USD 14.66 Billion by 2032, growing at a CAGR of 7% during the forecast period (2025-2032).
Growth in the incidence of neurological disorders, the geriatric population, and technological advancement in neurodiagnostic represent the major reasons driving the neurodiagnostic market growth. Advances are thus being made in early and correct detection of illness. And besides increasing precision and efficiency in disease identification for neurodegenerative illnesses, proteomics and genomes are increasingly finding their place in diagnostic techniques for these diseases. That is why the number of hospitals and diagnostic centers globally is increasing, which in turn promotes market growth as it accesses to advanced technology of diagnostics increases. These factors, along with the growth in demand for biological profiling procedures for neurological disorder diagnosis, are the reasons for the increasing market. However, during the forecast period, the growth of the market can be hampered due to stringent government regulations and low demand for neurodiagnostic services in developing countries. On the other hand, the growing application of neurodiagnostic in clinical studies is creating new potential markets. However, emerging economies also possess vast potential due to the increasing demand for neurodiagnostic technologies as healthcare expenses increase coupled with a better infrastructure. Therefore, the neurodiagnostic industry is poised to surge and the future will largely depend on technological advancements and growing healthcare demands in developed and emerging economies.
US Neurodiagnostics Market is poised to grow at sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35D2139