Neurodiagnostics Market Size | Reports and Insights

The Reports and Insights, a leading market research company, has recently releases report titled “Neurodiagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033.” The study provides a detailed analysis of the industry, the report also includes competitor and regional analysis and highlights the latest advancements in the market. The Neurodiagnostics Market Size was valued at US$ 8.9 Billion in 2024 and is expected to register a CAGR of 7.5% over the forecast period and reach US$ 17.1 Billion in 2033.

Neurodiagnostics Market Overview

As the globe continues to witness the rising incidence of neurological disorders such as epilepsy, Alzheimer’s disease, Parkinson’s disease, and stroke. The neurodiagnostic tools, such as EEG, EMG, and MRI, are essential in the detection, monitoring, and management of disorders and conditions of the brain and nervous system. The rising requirement for precise, non-invasive, and early diagnosis solutions, along with the growing aging population and advancements in neuroimaging technology, are creating avenues for market propulsion.

Due to advanced healthcare infrastructure and increased diagnostic tool adoption, along with improved patient awareness of neurological disorders, North America is the largest contributor of revenue to the global neurodiagnostics market. Following Europe, rising government expenditure on healthcare and government support for the neurological industry. According to Research and Markets, the Asia-Pacific region will witness the fastest-growing region owing to increasing healthcare investments and improvement in diagnostic facilities, coupled with the growing prevalence of neurological disorders in China and India.

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Neurodiagnostics Market Growth Factors & Challenges

The neurodiagnostics market is witnessing significant growth owing to the increasing incidence of neurological disorders, advancements in imaging and diagnostic tools, and greater awareness about early detection and treatment. Research is being conducted on whether computer systems can easily detect the behaviours of people in the imaging and EEG data. In addition, an increasing geriatric population, expanding healthcare infrastructure, along increasing use of portable and wearable neurodiagnostic devices for remote patient monitoring are significantly fuelling market growth.

The neurodiagnostics market has strong growth prospects, but it is facing challenges owing to the high costs of advanced diagnostic systems and imaging procedures that limit access in low and middle-income countries. Changing minds is crucial for the widespread acceptance of complex neurodiagnostic systems. But a complex technocrat. In addition, AI-enabled and cloud-based solutions for diagnostics are further delayed due to regulatory issues and data privacy concerns. The growth of the market is restrained due to limited reimbursement policies for neurodiagnostic tests in certain regions.

Key suggestions for the report

  • The diagnostic imaging systems product type segment is expected to hold the largest revenue share during the forecast period, owing to their widespread use in accurately diagnosing a range of neurological conditions, including tumors, strokes, and neurodegenerative diseases.
  • The epilepsy condition segment is anticipated to account for the largest revenue share during the forecast period, driven by the high global prevalence of the disorder and the growing need for precise, continuous monitoring and diagnostic solutions.
  • The hospital end-user segment is projected to dominate the market during the forecast period, supported by a high volume of patient inflow, well-developed healthcare infrastructure, and the availability of skilled medical professionals specializing in neurological care.
  • The clinical diagnostics application segment is expected to hold the largest revenue share during the forecast period, as neurodiagnostic tools play a crucial role in identifying and managing neurological disorders such as epilepsy, Alzheimer’s disease, and stroke.
  • The North America region is expected to lead the market during the forecast period, with the United States accounting for the majority of revenue share, owing to advanced healthcare infrastructure, high healthcare expenditure, and strong adoption of innovative neurodiagnostic technologies.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the Neurodiagnostics market share.

Key Trends in the Neurodiagnostics Industry

Companies in the neurodiagnostics market are now adopting artificial intelligence (AI) and cloud-based services to facilitate speedier and more precise data interpretation. The availability of portable, wearable EEG and brain-monitoring devices will improve patient care by enabling real-time diagnostics and home monitoring. More and more, imaging methods like MRI-PET and EEG-MRI-PET are being utilized for neurological assessments. The world of neurodiagnostics is changing due to the growing tendency toward personalized neurology and predictive diagnostics. There is also more investment in brain science and digital health solutions.

Neurodiagnostics Market Key Applications & Industry Segments

The neurodiagnostics market is segmented by product, age group, end-user, and region.

By Product Type

  • Diagnostic Imaging Systems
  • Electroencephalogram (EEG) Systems
  • Magnetoencephalogram (MEG) Systems
  • Near-Infrared Spectroscopy (NIRS) Systems

By Condition

  • Epilepsy
  • Alzheimer’s Disease
  • Parkinson’s Disease
  • Stroke
  • Joint Health
  • Other Indications

By End User

  • Hospitals
  • Diagnostic Laboratories
  • Ambulatory Surgical Centers
  • Research Institutes

By Application

  • Clinical Diagnostics
  • Research and Development
  • Treatment Monitoring
  • Personalized Medicine

By Region

  • North America (US and Canada)
  • Latin America (Brazil, Mexico, Argentina, & Rest of LATM)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Benelux, Nordic, & Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, ASEAN, Australia & New Zealand, & Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, South Africa, United Arab Emirates, Israel, & Rest of MEA)

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Leading Key Players in the Neurodiagnostics Market

Some of the key players that are included in the neurodiagnostics market report are:

  • Siemens Healthineers
  • GE Healthcare
  • Philips Healthcare
  • Natus Medical Incorporated
  • Nihon Kohden Corporation
  • Fujifilm Holdings Corporation
  • Hitachi Medical Corporation
  • Canon Medical Systems Corp. (Formerly Toshiba Medical Systems Corporation)
  • Elekta AB
  • Bio-Rad Laboratories, Inc.
  • Cepheid Inc.
  • Masimo Corporation
  • NeuroLogica Corporation
  • Elekta AB
  • Advanced Brain Monitoring, Inc.

Key Attributes

Report Attributes Details
No. of Pages 243
Market Forecast 2025-2033
Market Value (USD) in 2024 8.9 billion
Market Value (USD) in 2033 17.1 billion
Compound Annual Growth Rate (%) 7.5%
Regions Covered Global

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