How big is the Neuroscience Market | Size, Forecast & Key Players 2025

Code: MTA8423 Publication Date: Sep 2025

What is the size of Neuroscience Market?

According to 6Wresearch internal database and industry insights, the Global Neuroscience Market was valued at USD 42 Billion in 2024 and is expected to reach USD 58 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

With neurological disorders, neurodegenerative diseases, and mental health disorders increasing, the market is growing quickly as new types of tools such as neuroscience instruments, imaging systems, and personalized therapeutics, all of which improve patient outcomes while accelerating diagnosis and treatment workflows are in demand.

Growth Factors for Neuroscience Industry

  • Higher investment in brain research projects by academia and private sectors.
  • Increasing incidence of Alzheimer's disease, Parkinson's disease and epilepsy.
  • Use of neuroimaging devices for preclinical and clinical diagnosis.
  • Technological advancements in brain mapping, neuromodulation, and neural implants.
  • Increased focus on mental health and psychological well-being.

Neuroscience Market Trends

The neuroscience market is witnessing significant trends in advanced imaging technologies, data-driven brain mapping, and wearable neural devices. Artificial intelligence in neuroscience platforms is speeding up brain data analysis and treatment development. Personalized medicine in neurology seems to be growing in importance as a transformative form of practice in the field.

Another trend is the emergence of neuroinformatics platforms and digital applications for brain health targeting cognitive monitoring purposes. Players in the market are developing innovative devices and brain-computer interfaces for therapeutic applications. Increased clinical trials and funding for research are influencing the evolution of the neuroscience market.

Emerging Developments in the Neuroscience Market

The neuroscience market is being reshaped by developments in neurotechnology such as implantable brain sensors, optogenetics, and neural circuit modelling. Research laboratories and companies are prioritizing the development of high-resolution imaging systems, and minimally invasive technologies for the assessment of better brain functioning, and stimulation.

Biotech companies are partnering with neuroscience research institutions to expedite the discovery of new drugs and therapeutic innovations. Companies are deploying cloud-based platforms, and AI-enabled diagnostics to streamline clinical workflows in neuroscience and provide the opportunity for more rapid interventions and accurate and consistent delivery of neurological care.

List of Leading Companies in the Neuroscience Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Thermo Fisher Scientific

Company NameThermo Fisher Scientific
Established Year1956
HeadquartersMassachusetts, United States
Official WebsiteClick Here

Thermo Fisher Scientific provides neuroscience solutions, including reagents, imaging systems, and analysis tools for neurobiological research.

2. GE HealthCare

Company NameGE HealthCare
Established Year1994
HeadquartersIllinois, United States
Official WebsiteClick Here

GE HealthCare develops neuroimaging technologies such as MRI and PET scanners for brain diagnostics.

3. Siemens Healthineers

Company NameSiemens Healthineers
Established Year2015
HeadquartersErlangen, Germany
Official WebsiteClick Here

Siemens Healthineers offers advanced neuroimaging and diagnostic tools used in neurological research and clinical care.

4. NeuroPace

Company NameNeuroPace
Established Year1997
HeadquartersCalifornia, United States
Official WebsiteClick Here

NeuroPace manufactures implantable neurostimulation devices for epilepsy and neurological disorders.

5. Elekta

Company NameElekta
Established Year1972
HeadquartersStockholm, Sweden
Official WebsiteClick Here

Elekta provides precision radiation therapy systems used in treating brain tumors and neurological conditions.

6. NeuroSky

Company NameNeuroSky
Established Year2004
HeadquartersSan Jose, California, United States
Official WebsiteClick Here

NeuroSky develops biosensors and brain-computer interface systems for neuroscience applications.

7. Blackrock Neurotech

Company NameBlackrock Neurotech
Established Year2008
HeadquartersUtah, United States
Official WebsiteClick Here

Blackrock Neurotech specializes in brain-computer interface technology and neural implant devices.

8. Bio-Rad Laboratories

Company NameBio-Rad Laboratories
Established Year1952
HeadquartersCalifornia, United States
Official WebsiteClick Here

Bio-Rad provides neurobiology research products and instrumentation for neuroscience studies.

9. Natus Medical

Company NameNatus Medical
Established Year1987
HeadquartersCalifornia, United States
Official WebsiteClick Here

Natus Medical delivers diagnostic and monitoring solutions for neurophysiology and neurological assessments.

10. Cerebras Systems

Company NameCerebras Systems
Established Year2016
HeadquartersCalifornia, United States
Official WebsiteClick Here

Cerebras Systems applies AI to accelerate neuroscience simulations and large-scale brain modeling.

How big is the Neuroscience Market : FAQ's

The neuroscience market is expected to reach over USD 58 Billion by 2031.
Growth is being driven by increasing neurological disease burden, research investments, and technological advancements in brain imaging and diagnostics.
Leading companies include Thermo Fisher Scientific, GE HealthCare, Siemens Healthineers, and NeuroPace.
The neuroscience market is competitive, with firms focusing on innovation in neurotechnology, strategic partnerships, and AI-based diagnostics.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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