The global neurodiagnostics market size is expected to reach USD 14.83 Billion and register a steady revenue CAGR of 7.3% in 2032, according to latest analysis by Emergen Research. Neurodiagnostics market revenue growth is expected to be driven by increasing patient awareness and focus on early disease detection. For instance, on 09 February 2023, it was announced that QuantalX Neuroscience Ltd. and NeuroSense Therapeutics Ltd. will work together to advance the early detection and treatment of neurodegenerative illnesses. QuantalX Neuroscience Ltd. is an organization that develops drugs for the clinical stage. With the help of real-time brain functioning monitoring, QuantalX’s Delphi-MD is a ground-breaking medical device that bridges the neurodiagnostic gaps that clinicians face at the point of treatment, improving patient care and lowering related costs.
Some of the key factors driving the growth of the global Neurodiagnostics market include expanding R&D efforts to develop novel Neurodiagnostics products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market’s dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Neurodiagnostics
The COVID-19 pandemic had a significant negative influence on the market for Neurodiagnostics in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Neurodiagnostics were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Neurodiagnostics in 2020. Additionally, demand for Neurodiagnostics decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Neurodiagnostics market : Competitive Landscape
The prominent players operating in the Neurodiagnostics market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Neurodiagnostics market .
Some of the prominent players operating in the market are:
GE HealthCare, Koninklijke Philips N.V., Siemens Healthcare GmbH, Hitachi, Ltd., Canon Inc., Lifelines Neuro, Natus Medical Incorporated, F. Hoffmann-La Roche Ltd., FUJIFILM Holdings Corporation, Mitsar Co. LTD
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Neurodiagnostics market ?
What are the key factors driving the Global Neurodiagnostics market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Neurodiagnostics market ?
Who are the distributors, traders, and dealers of Neurodiagnostics market ?
What are the Neurodiagnostics market opportunities and threats faced by the vendors in the Global Neurodiagnostics industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
- Product Outlook (Revenue, USD Billion; 2019–2032)
- Diagnostic and Imaging Systems
- Electroencephalogram (EEG) Systems
- Electromyography (EMG) Products
- Magnetic Resonance Imaging (MRI) Systems
- Ultrasound Imaging Systems
- Computed Tomography (CT) Scanner
- Magnetoencephalogram (MEG) System
- Position emission tomography (PET) System
- Angiography System
- Others
- Clinical Testing Instruments
- PCR
- Next-Generation Sequencing (NGS)
- Sanger Sequencing
- Others
- Reagents & Consumables
- Media and Serra
- Solvents
- Enzymes, Protein & Peptides
- Probes
- Buffers
- Antibodies
- Others
- Diagnostic and Imaging Systems
- Condition Outlook (Revenue, USD Billion; 2019–2032)
- Neuro Degenerative Diseases
- Epilepsy
- Stroke
- Headache Disorders
- Sleep Disorders
- Others
- End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals and Surgery Centers
- Neurology Centers
- Ambulatory Care Centers
- Diagnostic Laboratories & Imaging Centers
- Research Laboratories & Academic Institutes
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Regional Bifurcation of the Neurodiagnostics market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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