Neuroscience Market Size and Share

Neuroscience Market Summary
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Neuroscience Market Analysis by Mordor Intelligence

The neuroscience market reached USD 38.86 billion in 2025 and is forecast to attain USD 52.45 billion by 2030, advancing at a 6.18% CAGR. The current neuroscience market size underscores substantial momentum as neurological disorders account for 3.4 billion cases worldwide, the highest disease burden across all therapeutic areas[1]Source: World Health Organization, “Over 1 in 3 People Affected by Neurological Conditions, the Leading Cause of Illness and Disability Worldwide,” who.int. Aging demographics, rapid adoption of 7 T and above imaging systems that now yield 0.19 mm resolution, and continuous breakthroughs in adaptive brain-computer interfaces collectively propel demand. Real-time AI decision-support tools, multimodal data fusion platforms, and miniaturized neuro-electronics broaden clinical reach while reducing monitoring costs. However, high upfront equipment costs and evolving ethical frameworks around invasive neurotechnologies temper the growth trajectory and compel market participants to innovate financing and regulatory strategies.

Key Report Takeaways

  •  By product, instruments captured 48.97% of neuroscience market share in 2024; software and services are projected to expand at a 6.23% CAGR through 2030.  
  •  By technology, neuroimaging commanded 42.15% of the neuroscience market size in 2024, while neurostimulation is set to grow at 6.46% CAGR to 2030.  
  •  By application, diagnostics led with 49.16% revenue share in 2024; therapeutics monitoring will advance at a 6.69% CAGR to 2030.  
  •  By end-user, hospitals and clinics held 47.82% share of the neuroscience market size in 2024, whereas diagnostic laboratories record the highest projected CAGR at 6.94% through 2030. 
  •  By geography, North America held 42.23% share of the neuroscience market size in 2024, whereas Asia-Pacific record the highest projected CAGR at 7.19% through 2030.   

Segment Analysis

By Product: Instruments Drive the Innovation Wave

In 2024 instruments generated almost half of overall revenue by securing 48.97% of neuroscience market share. Capital-intensive platforms such as 7 T MRI, adaptive deep brain stimulators, and high-density EEG dominate procurement budgets and underpin the neuroscience market size expansion trajectory. Software and services rise fastest at 6.23% CAGR as cloud analytics, real-time visualization dashboards, and algorithm-as-a-service offerings unlock incremental value from installed hardware. Consumables sustain steady demand tied to the volume of molecular assays and electrophysiology tests.

A shift toward outcome-based contracts incentivizes vendors to bundle software capabilities with hardware maintenance, smoothing annual spending for providers. Medtronic’s BrainSense system, cleared in 2025, illustrates a hardware-plus-algorithm model whereby implanted leads stream continuous neural data to adaptive control software for Parkinson’s care. Regulatory agencies now publish dedicated classifications for brain-stimulation programming applications, encouraging specialized independent software vendors. As hospitals prioritize integrated workflows, demand shifts from standalone instruments toward modular ecosystems uniting acquisition, processing, and remote follow-up.

Neuroscience Market: Market Share by Product
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By Technology: Neuroimaging Retains Command but Stimulation Accelerates

Neuroimaging captured 42.15% of 2024 revenue, cementing its position as the backbone modality within the broader neuroscience market. Growth stems from expanded clinical indications for 7 T scanners, integration of fMRI-fNIRS combos, and availability of specialized gradient systems achieving 500 mT/m strength for connectomics. Neurostimulation, however, is advancing fastest at 6.46% CAGR, buoyed by approvals for adaptive DBS in movement disorders and expanding transcranial magnetic stimulation coverage for depression.

Electrophysiology benefits from wireless sensor miniaturization, making long-term monitoring practical outside tertiary centers. Molecular and cellular assays track underlying disease mechanisms, supporting precision-medicine trials that rely on concurrent imaging- and stimulation-derived biomarkers. Standard-setting bodies continue to refine IEC safety norms, giving health-system administrators clearer guidelines and accelerating capital-planning decisions.

By Application: Diagnostics Lead While Therapeutic Monitoring Gains Pace

Diagnostics functions accounted for 49.16% of 2024 revenue as early detection remains the linchpin for cost-effective neurological care. AI-augmented reporting streamlines radiologist workflow and raises diagnostic yield, reinforcing dominant share. Therapeutic monitoring posts a 6.69% CAGR through 2030 and increasingly relies on closed-loop systems that automatically adjust stimulation intensity based on ongoing neural feedback, illustrating convergence of diagnostics and therapy in one workflow.

Academic and translational research receive stable backing from multi-billion-dollar grant schemes worldwide, underpinning the neuroscience market size for high-precision instruments. Pharmaceutical and biotech pipelines lean on multimodal readouts to validate drug efficacy, creating cross-selling opportunities for integrated imaging-plus-biofluid assay kits. Digital biomarkers derived from wearables further bridge clinic and home environments, enabling 24-hour efficacy assessments.

Neuroscience Market: Market Share by Application
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By End-User: Hospital Dominance Faces Laboratory Momentum

Hospitals and clinics controlled 47.82% of sector revenue in 2024 as they deploy complex neuro-imaging suites and surgical neurostimulation theaters. Diagnostic laboratories now log the fastest CAGR at 6.94% as payers endorse centralized higher-volume testing for cost efficiency. Academic centers grow in strategic importance thanks to grant-funded program expansions such as Stanford’s NeuroTech Training that cultivate next-gen talent.

Pharmaceutical sponsors outsource biomarker measurement to specialty labs, driving demand for high-throughput EEG analytics and radioligand assay services. Tele-neurology services extend hospital influence beyond physical walls, while portable devices permit community clinics to offer baseline neuro-screening, thereby enlarging the overall neuroscience market footprint.

Geography Analysis

North America led the sector with 42.23% revenue share in 2024 as robust reimbursement policies and early FDA clearances foster rapid technology uptake. Continuous NIH BRAIN Initiative funding of USD 400 million each year sustains a vibrant innovation pipeline. Provider networks increasingly integrate adaptive DBS and wearable EEG into standard care pathways, reinforcing regional leadership.

Asia-Pacific progresses at a 7.19% CAGR thanks to ambitious national programs and a sizeable aging population. China’s policy blueprint for brain-computer interfaces underpins accelerated clinical trials and expanding capital inflows. Japanese manufacturers apply robotics and imaging expertise to next-generation magnet design, whereas India channels health-infrastructure allocations to tertiary care hospitals, broadening market access across socioeconomic tiers.

Europe maintains balanced growth supported by the EU AI Act that codifies safety and performance obligations, enhancing investor certainty. EMA approvals for novel therapeutics, such as pridopidine for Huntington’s, stimulate complementary diagnostic demand. Middle-East and African markets remain nascent but earn international development support to mitigate neurosurgeon shortages, which currently stand at 0.12 per 100,000 residents in low-income countries versus 2.44 in high-income ones.

Neuroscience Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The neuroscience market shows moderate concentration, with top vendors differentiating via proprietary algorithms, multi-modal capability, and regulatory speed. Medtronic’s adaptive DBS marks the first large-scale deployment of closed-loop neurostimulation, serving more than 40,000 patients worldwide. GE HealthCare and Siemens Healthineers refine helium-light magnets and rapid acquisition sequences that lower total scan time and operational expense. Bruker and Zeiss target pre-clinical imaging and microscopy niches, broadening revenue diversity.

Strategic mergers continue: Boston Scientific purchased pelvic-health neuromodulation specialist Axonics for expanded indication coverage; Globus Medical acquired Nevro to integrate spinal and cranial stimulation platforms. Company press releases confirm expected sales synergies and cross-channel distribution plans. Start-ups like Precision Neuroscience and Neuralink chase minimally invasive BCI form factors with accelerated regulatory timelines thanks to U.S. breakthrough-device pathways.

Competitive dynamics now emphasize AI partnerships, cloud-native infrastructure, and lifecycle service contracts rather than hardware alone. Vendors offering interoperable ecosystems with outcome guarantees gain traction among cost-conscious hospital systems. Meanwhile, open-source tools and global code repositories lower entry barriers for smaller firms, intensifying rivalry in analytics and application-layer software.

Neuroscience Industry Leaders

  1. GE Healthcare

  2. Siemens Helthineers

  3. Medtronic PLC

  4. Abbott Laboratories

  5. Boston Scientific Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Neuroscience Market Concentration
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Recent Industry Developments

  • April 2025: Precision Neuroscience received FDA clearance for its Layer 7 wireless cortical interface, unlocking up to 30-day implantation for paralysis patients
  • February 2025: Medtronic earned FDA approval for BrainSense Adaptive DBS, delivering real-time Parkinson’s therapy personalization under continuous neural feedback
  • October 2024: ADx NeuroSciences teamed up with Alamar Biosciences. The collaboration focuses on developing tailored biomarker assay solutions leveraging Alamar’s NULISA (Nucleic Acid Linked Immuno-Sandwich Assay) platform and ARGO HT System. Together, they aim to enhance tools for detecting and quantifying vital biomarkers, bolstering the development of therapies for neurological diseases.

Table of Contents for Neuroscience Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Prevalence Of Neurodegenerative Disorders
    • 4.2.2 Technological Leaps In High-Field Neuroimaging (7 T & Above)
    • 4.2.3 AI-Powered Multimodal Data Integration Platforms
    • 4.2.4 Miniaturization Of Neuro-Electronics For Home Monitoring
    • 4.2.5 Brain-Computer Interface (BCI) Commercialization Wave
    • 4.2.6 Growing Public & Private R&D Grants In Neuroscience
  • 4.3 Market Restraints
    • 4.3.1 High Capital Cost Of Advanced Imaging & Stimulation Systems
    • 4.3.2 Ethical & Regulatory Hurdles Around Invasive Neurotech
    • 4.3.3 Data-Privacy Concerns In Cloud-Based Neuroanalytics
    • 4.3.4 Shortage Of Trained Neuro-Specialists In Emerging Markets
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Product
    • 5.1.1 Instruments
    • 5.1.2 Consumables (reagents, antibodies, assay kits)
    • 5.1.3 Software & Services
  • 5.2 By Technology
    • 5.2.1 Neuroimaging (MRI, PET, CT, MEG)
    • 5.2.2 Neurostimulation / Neuromodulation
    • 5.2.3 Electrophysiology (EEG, ECoG, EMG)
    • 5.2.4 Molecular & Cellular Assays
  • 5.3 By Application
    • 5.3.1 Research & Academic
    • 5.3.2 Diagnostics
    • 5.3.3 Therapeutics Monitoring
  • 5.4 By End-User
    • 5.4.1 Hospitals & Clinics
    • 5.4.2 Diagnostic Laboratories
    • 5.4.3 Pharmaceutical & Biotech Companies
    • 5.4.4 Academic & Research Institutes
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 GCC
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, Recent Developments)
    • 6.3.1 Medtronic plc
    • 6.3.2 GE HealthCare Technologies Inc.
    • 6.3.3 Abbott Laboratories
    • 6.3.4 Boston Scientific Corporation
    • 6.3.5 Siemens Healthineers AG
    • 6.3.6 Koninklijke Philips N.V.
    • 6.3.7 Thermo Fisher Scientific Inc.
    • 6.3.8 Nihon Kohden Corporation
    • 6.3.9 Hitachi Ltd.
    • 6.3.10 Fujifilm Holdings Corporation
    • 6.3.11 Bruker Corporation
    • 6.3.12 Carl Zeiss AG
    • 6.3.13 Bio-Rad Laboratories Inc.
    • 6.3.14 Revvity
    • 6.3.15 Compumedics Limited
    • 6.3.16 Alpha Omega Engineering Ltd.
    • 6.3.17 Axion BioSystems Inc.
    • 6.3.18 Blackrock Neurotech

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Global Neuroscience Market Report Scope

As per the scope, neuroscience refers to studying the brain and nervous system, including molecular neuroscience, cognitive neuroscience, psychophysics, computational modeling, and various central and peripheral nervous system disorders.

The neuroscience market is segmented by technology, components, end users, and geography. By technology, the market is segmented into brain imaging, neuro-microscopy, electrophysiology, neuro-cellular manipulation, neuroproteomic analysis, animal behavior analysis, and other technologies. By component, the market is segmented into instruments and consumables and software and services. By end user, the market is segmented into hospitals, diagnostic laboratories, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (USD) for the above segments.

By Product
Instruments
Consumables (reagents, antibodies, assay kits)
Software & Services
By Technology
Neuroimaging (MRI, PET, CT, MEG)
Neurostimulation / Neuromodulation
Electrophysiology (EEG, ECoG, EMG)
Molecular & Cellular Assays
By Application
Research & Academic
Diagnostics
Therapeutics Monitoring
By End-User
Hospitals & Clinics
Diagnostic Laboratories
Pharmaceutical & Biotech Companies
Academic & Research Institutes
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
By Product Instruments
Consumables (reagents, antibodies, assay kits)
Software & Services
By Technology Neuroimaging (MRI, PET, CT, MEG)
Neurostimulation / Neuromodulation
Electrophysiology (EEG, ECoG, EMG)
Molecular & Cellular Assays
By Application Research & Academic
Diagnostics
Therapeutics Monitoring
By End-User Hospitals & Clinics
Diagnostic Laboratories
Pharmaceutical & Biotech Companies
Academic & Research Institutes
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How large is the neuroscience market in 2025 and what growth is expected?

The neuroscience market size stands at USD 38.86 billion in 2025 and is projected to reach USD 52.45 billion by 2030, reflecting a 6.18% CAGR.

Which segment grows fastest within the product category?

Software and services, powered by AI analytics and cloud integration, grow at a 6.23% CAGR through 2030.

Why is Asia-Pacific the quickest expanding region?

Government investment, China's BCI roadmap, and expanding healthcare infrastructure drive a 7.19% CAGR in Asia-Pacific.

What technology shows the greatest future upside?

Neurostimulation advances at 6.46% CAGR due to adaptive deep brain stimulation approvals and broader pain and psychiatric indications.

What key barrier restricts adoption of advanced imaging?

Capital expenditure remains a hurdle, with 7 T MRI systems costing well above USD 3 million, though leasing and pay-per-scan models are mitigating the burden.

How are ethical concerns around brain data being addressed?

New provisions in the EU AI Act and post-market surveillance requirements demand risk evaluations, while agencies like the FDA grant conditional clearances under breakthrough pathways.

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