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Neuroscience Market

ID: MRFR/HC/21154-HCR
100 Pages
Rahul Gotadki
October 2025

Neuroscience Market Research Report By Neuroscience Technique (Neuroimaging, Electrophysiology, Behavioral Neuroscience, Neurogenetics, Computational Neuroscience), By Application (Neurology, Psychiatry, Addiction Treatment, Drug Discovery, Neuromarketing), By End-User (Hospitals & Clinics, Research Institutions, Pharmaceutical Companies, Biotechnology Companies, Educational Institutions), By Product (MRI Systems, CT Scanners, PET Scanners, EEG Systems, EMG Systems) and By Regional (North America, Europe, South America, Asia Pacific, Mid... read more

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Neuroscience Market Summary

As per MRFR analysis, the Neuroscience Market Size was estimated at 36.9 USD Billion in 2024. The Neuroscience industry is projected to grow from 38.49 USD Billion in 2025 to 58.76 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.32 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The neuroscience market is experiencing robust growth driven by technological advancements and increasing awareness of mental health.

  • The rise of neurotechnology is reshaping treatment paradigms and enhancing patient outcomes.
  • A heightened focus on mental health is driving demand for innovative solutions across various demographics.
  • Advancements in neuroimaging are solidifying its position as the largest segment in the neuroscience market.
  • Increased investment in neuroscience research and rising prevalence of neurological disorders are key drivers propelling growth in North America and Asia-Pacific.

Market Size & Forecast

2024 Market Size 36.9 (USD Billion)
2035 Market Size 58.76 (USD Billion)
CAGR (2025 - 2035) 4.32%

Major Players

Eli Lilly and Company (US), Pfizer Inc. (US), Johnson & Johnson (US), Novartis AG (CH), Bristol-Myers Squibb Company (US), AstraZeneca PLC (GB), Roche Holding AG (CH), Sanofi S.A. (FR), Merck & Co., Inc. (US)

Neuroscience Market Trends

The Neuroscience Market is currently experiencing a dynamic evolution, driven by advancements in technology and a growing understanding of the human brain. Research initiatives are increasingly focusing on neurodegenerative diseases, mental health disorders, and cognitive enhancement. This shift is fostering innovation in therapeutic approaches, diagnostic tools, and neuroimaging techniques. As a result, stakeholders are investing in research and development to create more effective treatments and interventions. Furthermore, collaborations between academic institutions and private enterprises are becoming more prevalent, indicating a collective effort to address complex neurological challenges. In addition, the Neuroscience Market is witnessing a rise in personalized medicine, where treatments are tailored to individual genetic profiles and specific conditions. This trend suggests a move towards more targeted therapies, which may enhance patient outcomes and reduce side effects. The integration of artificial intelligence and machine learning into neuroscience research is also noteworthy, as these technologies could potentially streamline data analysis and improve predictive modeling. Overall, the Neuroscience Market appears poised for substantial growth, with numerous opportunities for innovation and development in the coming years.

Rise of Neurotechnology

The Neuroscience Market is seeing a notable increase in neurotechnology applications, which encompass devices and systems designed to interface with the nervous system. This trend indicates a growing interest in brain-computer interfaces, neurostimulation devices, and wearable technologies that monitor brain activity. Such innovations may enhance treatment options for various neurological conditions and improve cognitive functions.

Focus on Mental Health

There is an emerging emphasis on mental health within the Neuroscience Market, reflecting a broader societal recognition of its importance. This trend suggests that more resources are being allocated to research and develop therapies for mental health disorders, such as anxiety and depression. The integration of neuroscience with psychological practices may lead to more effective treatment modalities.

Advancements in Neuroimaging

The Neuroscience Market is benefiting from significant advancements in neuroimaging techniques, which allow for more precise visualization of brain structures and functions. This trend indicates that improved imaging technologies could facilitate better diagnosis and monitoring of neurological diseases. Enhanced imaging capabilities may also support research into brain connectivity and its implications for various disorders.

Neuroscience Market Drivers

Growing Awareness of Mental Health

The Neuroscience Market is increasingly shaped by the growing awareness of mental health issues and their impact on overall well-being. As society becomes more attuned to the importance of mental health, there is a corresponding rise in demand for effective treatments and interventions. This trend is reflected in the increasing allocation of resources towards mental health research, with funding for neuroscience initiatives focusing on conditions such as depression, anxiety, and PTSD. By 2025, it is anticipated that mental health-related expenditures will surpass 200 billion dollars, highlighting the urgent need for innovative solutions within the Neuroscience Market. Furthermore, public campaigns aimed at destigmatizing mental health issues are likely to foster greater acceptance and encourage individuals to seek help, thereby driving demand for neuroscience-based therapies and support systems.

Technological Advancements in Neuroscience

The Neuroscience Market is being transformed by rapid technological advancements that enhance research capabilities and therapeutic options. Innovations in neuroimaging techniques, such as functional MRI and PET scans, are providing unprecedented insights into brain activity and structure. These technologies are not only facilitating better diagnosis but also enabling the development of targeted therapies. In 2025, the market for neuroimaging is projected to reach 10 billion dollars, reflecting the growing reliance on advanced imaging techniques in both clinical and research settings. Additionally, the emergence of neurostimulation devices, such as transcranial magnetic stimulation, is revolutionizing treatment paradigms for various neurological and psychiatric disorders. As these technologies continue to evolve, they are likely to play a pivotal role in shaping the future of the Neuroscience Market, offering new avenues for intervention and improving patient care.

Rising Prevalence of Neurological Disorders

The Neuroscience Market is significantly influenced by the increasing prevalence of neurological disorders, such as Alzheimer's disease, Parkinson's disease, and multiple sclerosis. As populations age, the incidence of these conditions is expected to rise, creating a pressing demand for effective treatments and interventions. Current estimates suggest that by 2025, the number of individuals affected by Alzheimer's alone could reach 50 million worldwide. This alarming trend is prompting healthcare systems to prioritize research and development in the Neuroscience Market, as the economic burden of these disorders is substantial. The need for innovative solutions is further underscored by the growing awareness of mental health issues, which are often intertwined with neurological conditions. Consequently, the industry is likely to witness a robust expansion as stakeholders seek to address these challenges through novel therapeutic approaches.

Increased Investment in Neuroscience Research

The Neuroscience Market is experiencing a surge in investment, driven by both public and private sectors. Funding for neuroscience research has seen a notable increase, with government agencies allocating substantial budgets to explore neurological disorders and cognitive functions. In 2025, it is estimated that research funding will exceed 50 billion dollars, reflecting a growing recognition of the importance of understanding the brain. This influx of capital is likely to accelerate the development of innovative therapies and technologies, thereby enhancing the overall landscape of the Neuroscience Market. Furthermore, collaborations between academic institutions and pharmaceutical companies are becoming more prevalent, fostering an environment conducive to groundbreaking discoveries. As a result, the industry is poised for significant advancements, potentially leading to new treatment modalities and improved patient outcomes.

Regulatory Support for Neuroscience Innovations

The Neuroscience Market is benefiting from enhanced regulatory support aimed at fostering innovation and expediting the approval of new therapies. Regulatory agencies are increasingly recognizing the need for streamlined processes that facilitate the introduction of groundbreaking treatments for neurological and psychiatric disorders. In 2025, it is expected that new regulatory frameworks will be established to support the development of neurotechnologies and therapies, potentially reducing the time to market for innovative solutions. This supportive environment is likely to encourage investment in the Neuroscience Market, as companies seek to capitalize on the favorable regulatory landscape. Moreover, collaboration between regulatory bodies and industry stakeholders is anticipated to enhance the overall quality and safety of new products, ultimately benefiting patients and healthcare providers alike.

Market Segment Insights

By Neuroscience Market Technique: Neuroimaging (Largest) vs. Electrophysiology (Fastest-Growing)

The Neuroscience Market is showcasing a diverse range of techniques, with neuroimaging taking the lead as the largest segment. Neuroimaging encompasses various methods such as MRI and PET scans, which are crucial for visualizing neural activity and brain structure. Following closely are electrophysiology and behavioral neuroscience, which have gained substantial traction in recent years. These techniques emphasize not just structural but functional insights into the brain, thereby broadening the research landscape.

Neuroimaging (Dominant) vs. Electrophysiology (Emerging)

Neuroimaging is the dominant technique in the neuroscience market, utilized extensively for its ability to provide real-time images of brain activity, critical for diagnosing and researching neurological disorders. This technique has become integral in both clinical and academic settings, owing to its non-invasive nature and advances in technology. In contrast, electrophysiology is emerging rapidly, thanks to its effectiveness in recording electrical activity in the nervous system. This method offers unique insights into neuronal communication and is increasingly adopted in research and therapeutic settings, driven by innovations in electrode design and data analysis techniques.

By Application: Neurology (Largest) vs. Drug Discovery (Fastest-Growing)

The neuroscience market's application segment reveals a diverse landscape. Neurology holds the largest share, showcasing its significance in diagnosing and treating neurological disorders. Close behind, psychiatry plays a pivotal role, reflecting increasing awareness and treatment options for mental health issues. Meanwhile, areas like addiction treatment and drug discovery are becoming increasingly vital, underscoring the dynamic nature of this market.

Psychiatry: Dominant vs. Addiction Treatment: Emerging

The psychiatry segment stands as a dominant force in the neuroscience market, driven by rising mental health awareness and evolving treatment modalities. This segment emphasizes therapeutic innovations and regional policies promoting mental health services. In contrast, addiction treatment emerges as a critical area of focus, propelled by escalating opioid crises and societal shifts toward de-stigmatization. Both segments highlight a transition towards holistic and patient-centered care, indicating a broader societal shift in addressing mental health and addiction issues.

By End-User: Hospitals Clinics (Largest) vs. Research Institutions (Fastest-Growing)

In the Neuroscience Market, the distribution of the end-user segment reveals that Hospitals and Clinics hold the largest share, driven by the increasing demand for neurological diagnostics and treatment services. This segment benefits from a steady influx of patient referrals and a growing focus on mental health issues, contributing significantly to the overall market size. Meanwhile, Research Institutions are emerging as a critical player, capitalizing on the need for innovative research to better understand neurological disorders and develop new therapies. Their share is steadily increasing, indicating a robust interest in neuroscience research and development, particularly in academic settings and laboratories. The growth trends in this segment are influenced by several factors, including advances in neuroimaging technologies, rising incidence of neurological disorders, and increased funding for neuroscience research. Hospitals and Clinics are prioritizing patient-centered care, integrating advanced neuroscience tools into their offerings. Concurrently, Research Institutions are seeing a surge in partnerships with pharmaceutical and biotechnology companies, aiming to translate research findings into real-world applications. This collaboration is fostering innovation and enhancing the overall landscape of neuroscience, making these institutions vital for future advancements in the field.

Hospitals Clinics: Dominant vs. Research Institutions: Emerging

Hospitals and Clinics serve as the dominant end-users in the Neuroscience Market, providing essential services for diagnosing and treating a wide range of neurological disorders. Their expansive networks and established patient bases allow them to leverage advanced neuroscience technologies effectively. These facilities are increasingly investing in cutting-edge neurodiagnostic equipment and therapies, making them essential in improving patient outcomes and enhancing the quality of care. In contrast, Research Institutions are positioned as emerging players, focusing on pioneering research and innovation in neuroscience. They are often at the forefront of academic studies and trials aimed at discovering novel treatments and understanding the complexities of the human brain. These institutions foster collaborations with various stakeholders, including pharmaceutical and biotechnology firms, creating an ecosystem of innovation that is crucial for driving advancements in neuroscience.

By Product: MRI Systems (Largest) vs. CT Scanners (Fastest-Growing)

In the Neuroscience Market, MRI Systems hold the largest market share, driven by their advanced imaging capabilities that provide detailed insights into brain structure and function. This segment's dominance is attributed to the growing prevalence of neurological disorders and the increasing adoption of MRI technology in clinical settings. CT Scanners follow closely, offering versatility and speed, which have made them popular in trauma cases and emergency settings. The combination of these technologies contributes to a comprehensive imaging ecosystem in neuroscience. As the market evolves, CT Scanners are emerging as the fastest-growing segment due to technological advancements that enhance their imaging quality and efficiency. Factors contributing to this growth include rising demand for quick diagnostic procedures and the integration of AI in CT imaging systems. Furthermore, the introduction of portable CT machines has expanded their use in various clinical environments, facilitating quicker decision-making in acute care situations. Overall, innovation and efficiency play critical roles in shaping the growth trajectories of these imaging systems in neuroscience.

Imaging Technologies: MRI (Dominant) vs. EEG (Emerging)

MRI Systems remain the most dominant imaging technology in the neuroscience market due to their unparalleled ability to offer high-resolution images of brain structures, making them invaluable for diagnosing various neurological disorders. This technology is preferred in research and clinical applications alike, as it provides comprehensive insights without the exposure to ionizing radiation. In contrast, EEG Systems are emerging as a significant player, especially in the monitoring and diagnosis of epilepsy and other neurological disorders. The portability and relatively low cost of EEG equipment are leading to increased adoption in both hospital and outpatient settings. As continuous innovation enhances the capabilities of EEG, making it more accessible and user-friendly, its market position is expected to strengthen significantly over the coming years.

Get more detailed insights about Neuroscience Market

Regional Insights

North America : Leading Innovation and Research

North America is the largest market for neuroscience, holding approximately 45% of the global share, driven by advanced healthcare infrastructure, significant R&D investments, and a high prevalence of neurological disorders. The region benefits from strong regulatory support and a growing demand for innovative therapies, particularly in the U.S. and Canada, which are the largest and second-largest markets respectively. The U.S. is home to major players like Eli Lilly, Pfizer, and Johnson & Johnson, fostering a competitive landscape that encourages innovation. The presence of leading pharmaceutical companies and research institutions enhances the region's capability to develop cutting-edge treatments. Collaborative efforts between academia and industry further strengthen the market, ensuring a steady pipeline of new therapies and solutions.

Europe : Emerging Regulatory Frameworks

Europe is the second-largest market for neuroscience, accounting for approximately 30% of the global share. The region is characterized by a robust regulatory framework that encourages innovation while ensuring patient safety. Countries like Germany and France are at the forefront, with increasing investments in neuroscience research and development, driven by rising incidences of neurological disorders and an aging population. Leading countries in Europe, such as Germany, France, and the UK, host several key players like Novartis and Roche. The competitive landscape is marked by collaborations between pharmaceutical companies and research institutions, enhancing the development of novel therapies. The European Medicines Agency plays a crucial role in streamlining the approval process for new treatments, fostering a conducive environment for market growth.

Asia-Pacific : Rapidly Growing Market Potential

Asia-Pacific is witnessing rapid growth in the neuroscience market, holding approximately 20% of the global share. The region's growth is fueled by increasing healthcare expenditure, rising awareness of neurological disorders, and a growing population. Countries like China and Japan are leading the charge, with significant investments in healthcare infrastructure and research initiatives aimed at addressing the rising burden of neurological diseases. China is emerging as a key player in the neuroscience landscape, with a surge in local pharmaceutical companies and collaborations with global firms. The competitive environment is evolving, with a focus on developing innovative therapies tailored to regional needs. The presence of major international players, alongside local firms, is driving advancements in treatment options and expanding access to care across the region.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa represent an emerging market for neuroscience, holding approximately 5% of the global share. The region is characterized by a growing awareness of neurological disorders and an increasing demand for effective treatments. Factors such as rising healthcare investments and collaborations with international organizations are driving market growth, particularly in countries like South Africa and the UAE. South Africa is leading the market in the region, with a focus on improving healthcare access and developing local research capabilities. The competitive landscape is gradually evolving, with both local and international players seeking to establish a foothold. Efforts to enhance healthcare infrastructure and regulatory frameworks are expected to further stimulate growth in the neuroscience market across the region.

Neuroscience Market Regional Image

Key Players and Competitive Insights

The Neuroscience Market is currently characterized by a dynamic competitive landscape, driven by rapid advancements in research and development, alongside increasing demand for innovative therapeutic solutions. Key players such as Eli Lilly and Company (US), Pfizer Inc. (US), and Novartis AG (CH) are strategically positioned to leverage their extensive portfolios and robust pipelines. Eli Lilly (US) focuses on innovation in neurodegenerative diseases, while Pfizer (US) emphasizes partnerships to enhance its research capabilities. Novartis (CH) is actively pursuing mergers and acquisitions to bolster its neuroscience offerings, indicating a trend towards consolidation in the market. Collectively, these strategies contribute to a competitive environment that is increasingly focused on innovation and collaboration.

In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance operational efficiency. The Neuroscience Market appears moderately fragmented, with a mix of established players and emerging biotech firms. The collective influence of these key players shapes market dynamics, as they compete not only on product efficacy but also on the ability to deliver solutions that meet the evolving needs of healthcare providers and patients.

In August 2025, Eli Lilly and Company (US) announced a strategic partnership with a leading AI firm to develop predictive models for treatment outcomes in Alzheimer’s disease. This collaboration is poised to enhance the precision of therapeutic interventions, potentially revolutionizing patient care in neurodegenerative disorders. The integration of AI into their research framework signifies a forward-thinking approach that aligns with current technological trends in the industry.

In September 2025, Pfizer Inc. (US) launched a new digital platform aimed at improving patient engagement and adherence to treatment protocols for neurological conditions. This initiative reflects a growing recognition of the importance of patient-centric approaches in the Neuroscience Market. By leveraging digital tools, Pfizer (US) seeks to enhance the overall treatment experience, which may lead to improved health outcomes and increased market share.

In July 2025, Novartis AG (CH) completed the acquisition of a biotech firm specializing in gene therapy for rare neurological disorders. This strategic move not only expands Novartis's (CH) product portfolio but also positions the company at the forefront of innovative treatment modalities. The acquisition underscores a broader trend of companies seeking to diversify their offerings through targeted acquisitions, thereby enhancing their competitive edge in the market.

As of October 2025, the Neuroscience Market is witnessing significant trends such as digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are increasingly shaping the competitive landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is likely to evolve, with a shift from traditional price-based competition towards a focus on technological advancements, innovative solutions, and reliable supply chains. This transition may redefine how companies position themselves in the market, emphasizing the importance of adaptability and forward-thinking strategies.

Key Companies in the Neuroscience Market market include

Future Outlook

Neuroscience Market Future Outlook

The Neuroscience Market is projected to grow at a 4.32% CAGR from 2024 to 2035, driven by advancements in neurotechnology, increasing mental health awareness, and rising demand for neurological treatments.

New opportunities lie in:

  • Development of AI-driven diagnostic tools for early detection of neurological disorders.
  • Expansion of telehealth services for remote neurological consultations and therapies.
  • Investment in personalized medicine approaches for tailored neurological treatment plans.

By 2035, the Neuroscience Market is expected to be robust, reflecting substantial growth and innovation.

Market Segmentation

Neuroscience Market Product Outlook

  • MRI Systems
  • CT Scanners
  • PET Scanners
  • EEG Systems
  • EMG Systems

Neuroscience Market End-User Outlook

  • Hospitals Clinics
  • Research Institutions
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Educational Institutions

Neuroscience Market Application Outlook

  • Neurology
  • Psychiatry
  • Addiction Treatment
  • Drug Discovery
  • Neuromarketing

Neuroscience Market Neuroscience Technique Outlook

  • Neuroimaging
  • Electrophysiology
  • Behavioral Neuroscience
  • Neurogenetics
  • Computational Neuroscience

Report Scope

MARKET SIZE 202436.9(USD Billion)
MARKET SIZE 202538.49(USD Billion)
MARKET SIZE 203558.76(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.32% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesAdvancements in neurotechnology enhance treatment options and patient outcomes in the Neuroscience Market.
Key Market DynamicsRising demand for innovative therapies drives competitive forces and regulatory adaptations in the neuroscience market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the projected market valuation of the Neuroscience Market by 2035?

The projected market valuation of the Neuroscience Market by 2035 is 58.76 USD Billion.

What was the overall market valuation of the Neuroscience Market in 2024?

The overall market valuation of the Neuroscience Market in 2024 was 36.9 USD Billion.

What is the expected CAGR for the Neuroscience Market during the forecast period 2025 - 2035?

The expected CAGR for the Neuroscience Market during the forecast period 2025 - 2035 is 4.32%.

Which companies are considered key players in the Neuroscience Market?

Key players in the Neuroscience Market include Eli Lilly and Company, Pfizer Inc., Johnson & Johnson, Novartis AG, and others.

What are the main segments of the Neuroscience Market?

The main segments of the Neuroscience Market include Neuroscience Technique, Application, End-User, and Product.

How much is the Neuroimaging segment projected to grow by 2035?

The Neuroimaging segment is projected to grow from 8.0 USD Billion in 2024 to 12.0 USD Billion by 2035.

What is the projected valuation for the Psychiatry application by 2035?

The projected valuation for the Psychiatry application is expected to rise from 10.0 USD Billion in 2024 to 15.0 USD Billion by 2035.

What is the expected growth for MRI Systems in the Neuroscience Market?

MRI Systems are expected to grow from 8.0 USD Billion in 2024 to 12.0 USD Billion by 2035.

Which end-user segment is projected to have the highest valuation by 2035?

The Pharmaceutical Companies end-user segment is projected to have the highest valuation, increasing from 10.0 USD Billion in 2024 to 18.0 USD Billion by 2035.

What is the anticipated growth for Computational Neuroscience by 2035?

Computational Neuroscience is anticipated to grow from 10.9 USD Billion in 2024 to 19.76 USD Billion by 2035.

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