| Product Code: ETC13149387 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Neurology Market was valued at USD 85 Billion in 2024 and is expected to reach USD 110 Billion by 2031, growing at a compound annual growth rate of 4.70% during the forecast period (2025-2031).
The global neurology market encompasses a wide range of diagnostic, therapeutic, and monitoring devices, pharmaceuticals, and services aimed at addressing disorders of the nervous system. The market is driven by factors such as the increasing prevalence of neurological disorders, advancements in technology for diagnosis and treatment, and a growing aging population worldwide. Key segments within the market include neuroimaging systems, neuromodulation devices, neurostimulation devices, drugs for neurological disorders, and neurodiagnostic devices. Major players in the global neurology market include Medtronic, GE Healthcare, Siemens Healthineers, and Pfizer. With ongoing research and development efforts focused on innovative therapies and treatments for neurological conditions, the market is expected to continue expanding, offering opportunities for growth and advancements in patient care.
The Global Neurology Market is witnessing a surge in demand due to the rising prevalence of neurological disorders such as Alzheimer`s disease, Parkinson`s disease, and multiple sclerosis. Technological advancements in neuroimaging, neurostimulation devices, and personalized medicine are driving innovation in diagnosis and treatment. Additionally, the increasing adoption of telemedicine services for remote patient monitoring and consultations is expanding access to neurology care. Opportunities lie in the development of novel therapies targeting genetic and rare neurological disorders, as well as the integration of artificial intelligence and machine learning in neurology diagnostics. With a growing aging population and increasing awareness of mental health issues, the Global Neurology Market is poised for substantial growth and investment in the coming years.
The Global Neurology Market faces several challenges including a shortage of neurologists, particularly in developing countries, which leads to long wait times for patients seeking care. Additionally, the high cost of neurology treatments and medications can be a barrier to access for many individuals, impacting their ability to receive appropriate care. Another challenge is the complexity of neurological disorders, which often require specialized and multidisciplinary approaches to diagnosis and treatment. Furthermore, there is a need for more research and development in the field of neurology to address unmet medical needs and improve patient outcomes. Overall, addressing these challenges will be crucial in advancing the Global Neurology Market and ensuring better healthcare outcomes for patients with neurological conditions.
The Global Neurology Market is primarily driven by factors such as the increasing prevalence of neurological disorders, advancements in diagnostic technologies, rising geriatric population, and growing investments in research and development. The rise in cases of neurological conditions like Alzheimer`s disease, Parkinson`s disease, and stroke is propelling the demand for innovative treatment options and diagnostic tools. Technological advancements in imaging techniques, such as MRI and CT scans, are aiding in early and accurate diagnosis of neurological disorders, further boosting market growth. Additionally, the expanding elderly population worldwide is contributing to the increased burden of neurological diseases, driving the need for effective therapies and management strategies. Investment in the development of novel drugs and therapies for neurological disorders is also a key driver shaping the growth of the Global Neurology Market.
Government policies related to the Global Neurology Market vary by country, but generally focus on increasing access to neurology services, improving the quality of care, and promoting research and innovation in the field. Many governments have implemented initiatives to address the growing burden of neurological disorders, such as stroke, dementia, and epilepsy, by investing in specialized neurology centers, training healthcare professionals, and developing guidelines for diagnosis and treatment. Additionally, regulatory frameworks and reimbursement policies play a crucial role in shaping the neurology market landscape, influencing the availability and affordability of neurology drugs and devices. Governments are increasingly recognizing the importance of mental health and neurological well-being, leading to greater attention and resources being allocated to this sector globally.
The Global Neurology Market is poised for significant growth in the coming years, driven by an aging population, increasing prevalence of neurological disorders, and advancements in technology and treatment options. The market is expected to expand as new diagnostic tools, therapies, and personalized medicine approaches are developed to address conditions such as Alzheimer`s disease, Parkinson`s disease, epilepsy, and multiple sclerosis. Additionally, the rising awareness about mental health and brain-related disorders is likely to fuel further demand for neurology services and products. With ongoing research and investment in neuroscience, the Global Neurology Market is anticipated to experience substantial growth and innovation, offering opportunities for pharmaceutical companies, medical device manufacturers, and healthcare providers to cater to the evolving needs of patients worldwide.
In the global neurology market, North America leads in terms of market share, driven by advanced healthcare infrastructure, high prevalence of neurodegenerative diseases, and significant investments in research and development. Europe follows closely behind, with a strong emphasis on innovative treatment options and growing awareness about neurological disorders. Asia-Pacific is witnessing rapid growth due to increasing healthcare expenditure, rising geriatric population, and improving access to neurology services. In the Middle East and Africa region, there is a growing focus on expanding neurology facilities and enhancing healthcare services to address the rising burden of neurological disorders. Latin America is also experiencing growth in the neurology market, supported by improving healthcare infrastructure and increasing awareness about neurological conditions among the population.
Global Neurology Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Neurology Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Neurology Market Revenues & Volume, 2021 & 2031F |
3.3 Global Neurology Market - Industry Life Cycle |
3.4 Global Neurology Market - Porter's Five Forces |
3.5 Global Neurology Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Neurology Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Neurology Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.8 Global Neurology Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Neurology Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Neurology Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Neurology Market Trends |
6 Global Neurology Market, 2021 - 2031 |
6.1 Global Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Neurology Market, Revenues & Volume, By Neurodegenerative Diseases, 2021 - 2031 |
6.1.3 Global Neurology Market, Revenues & Volume, By Neurovascular Diseases, 2021 - 2031 |
6.1.4 Global Neurology Market, Revenues & Volume, By Neuro-infectious Diseases, 2021 - 2031 |
6.1.5 Global Neurology Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Neurology Market, Revenues & Volume, By Multiple Sclerosis, 2021 - 2031 |
6.2.3 Global Neurology Market, Revenues & Volume, By Epilepsy, 2021 - 2031 |
6.2.4 Global Neurology Market, Revenues & Volume, By Parkinson's Disease, 2021 - 2031 |
6.2.5 Global Neurology Market, Revenues & Volume, By Alzheimer's Disease, 2021 - 2031 |
6.2.6 Global Neurology Market, Revenues & Volume, By Stroke, 2021 - 2031 |
6.2.7 Global Neurology Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Neurology Market, Revenues & Volume, By Adult, 2021 - 2031 |
6.3.3 Global Neurology Market, Revenues & Volume, By Pediatric, 2021 - 2031 |
6.4 Global Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Neurology Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.3 Global Neurology Market, Revenues & Volume, By Clinics, 2021 - 2031 |
6.4.4 Global Neurology Market, Revenues & Volume, By Diagnostic Centers, 2021 - 2031 |
6.4.5 Global Neurology Market, Revenues & Volume, By Research Institutes, 2021 - 2031 |
6.4.6 Global Neurology Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Neurology Market, Overview & Analysis |
7.1 North America Neurology Market Revenues & Volume, 2021 - 2031 |
7.2 North America Neurology Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Neurology Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Neurology Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Neurology Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
7.5 North America Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Neurology Market, Overview & Analysis |
8.1 Latin America (LATAM) Neurology Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Neurology Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Neurology Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Neurology Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Neurology Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Neurology Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
8.5 Latin America (LATAM) Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Neurology Market, Overview & Analysis |
9.1 Asia Neurology Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Neurology Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Neurology Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Neurology Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Neurology Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Neurology Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
9.5 Asia Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Neurology Market, Overview & Analysis |
10.1 Africa Neurology Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Neurology Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Neurology Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Neurology Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Neurology Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Neurology Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
10.5 Africa Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Neurology Market, Overview & Analysis |
11.1 Europe Neurology Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Neurology Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Neurology Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Neurology Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Neurology Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Neurology Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
11.5 Europe Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Neurology Market, Overview & Analysis |
12.1 Middle East Neurology Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Neurology Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Neurology Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Neurology Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Neurology Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Neurology Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Neurology Market, Revenues & Volume, By Procedure, 2021 - 2031 |
12.5 Middle East Neurology Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Neurology Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Neurology Market Key Performance Indicators |
14 Global Neurology Market - Export/Import By Countries Assessment |
15 Global Neurology Market - Opportunity Assessment |
15.1 Global Neurology Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Neurology Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Neurology Market Opportunity Assessment, By Procedure, 2021 & 2031F |
15.4 Global Neurology Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Neurology Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Neurology Market - Competitive Landscape |
16.1 Global Neurology Market Revenue Share, By Companies, 2024 |
16.2 Global Neurology Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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