Cognitive Neuroscience Market Overview
According to the latest research by Future Market Insights, Cognitive neuroscience market is set to witness a 4.6% CAGR growth during the year 2021-2031. The market has been a moderately competitive market developing at a rapid rate and is anticipated to observe lucrative growth with rising cases of neurological disorders that include Parkinson’s, Alzheimer’s diseases, and other dementias are projected to drive the market growth.
Also, neuroscience-based initiatives by government bodies, high influencing factors, such as current brain mapping research and investigation ventures, and technological advancements in algorithms and tools that are applied in neuroscience space, are anticipated to propel the market growth.
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What is Driving Demand for Cognitive Neuroscience?
The rising number of brain-related disorders and the number of advanced healthcare systems are certain driving factors for the market.
Furthermore, key factor that has accelerated the research studies in this arena is the growth in the number of various malignant CNS disorders such as Parkinsonism and Alzheimer’s disease. As geriatric population is prone to various central nervous systems associated disorders such as schizophrenia, Alzheimer’s, and Parkinsonism, with growth in the older population, this market is anticipated to witness lucrative growth.
Also, constant launch of novel products by major participants in the market to fight several neurological disorders is anticipated to increase Y-O-Y growth of this market.
Who are the Key Manufacturers and Suppliers of Cognitive Neuroscience?
Some of the leading manufacturers and suppliers of cognitive neuroscience include
- Siemens Healthineers
- Scientifica Ltd.
- Alpha Omega Inc.
- GE Healthcare
- Biobserve GmbH
- NeuroNexus Technology
- Laserglow Technologies
- Kendall Research Systems LLC and others
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Key Market Segments:
By Type:
- Magnetic Resonance Imaging (MRI)
- Functional Magnetic Resonance Imaging (fMRI)
- Positron Emission Tomography (PET)
- Magnetoencephalography (MEG)
- Encephalography (EEC)
- Near Infrared Spectroscopy (NIRS)
- Single Photon Emission Computed Tomography (SPECT)
By Application:
- Brain Imaging
- Neurological Research
- Neurological Disorders
- Psychiatry
By End User:
- Pharmaceutical Companies
- Clinical & Research Laboratories
- Academic Research Institutes
- Hospitals & Pathology Laboratories
- Others
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By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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