SAN FRANCISCO, November 1, 2016 /PRNewswire/ --
According to a new report by Grand View Research, Inc., the global neurodiagnostics marketwas valued at 13.6 billion in 2015 and is expected to reach a value of USD 18.3 billion by 2024. Key factors driving the market growth include increasing prevalence of neurological diseases due to demographic
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Among all the neuroimaging techniques, computed tomography has the largest market share followed by Magnetic Resonance Imaging (MRI). Computed Tomography (CT) uses ionized radiations for the purpose of creating images, whereas MRI uses radio waves in a magnetic field. Neuroimaging techniques are used to detect brain injuries, developmental malformations in the brain area, vascular irregularities that may lead to stroke, epilepsy, etc.
Biomarkers are an important part of in vitro diagnostics for neurological disorders as their development is targeted at the early disease diagnosis with information about nervous system. Although biomarkers are not commercially available in the market, their use is confined to clinical research settings. For instance, ELISA tests for Tau protein are available in clinical studies of Alzheimer's disease. In addition, neuroinformatics is a field that studies neuroscience and information technology. This integration allows the storage of neurological data in the form databases. The neuroinformatics market is expected to grow at second highest growth rate during the forecast period.
Browse full research report with TOC on "Neurodiagnostics Market Analysis By Technology (By Neuroimaging Technologies [Computed Tomography, Magnetic Resonance Imaging, Nuclear Medicine Imaging, Near Infrared Spectroscopic Imaging, Electroencephalography, Magnetoencephalography, Voxel-Based Morphometry] By In Vitro Diagnostics And By Neuroinformatics) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/neurodiagnostics-market
Further Key Findings From the Study Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the Neurodiagnostics market by Technology, and region:
Access research insight: http://www.grandviewresearch.com/research-insights/neurodiagnostics-market-insights-research-initiatives-generate-avenues-for-growth
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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SOURCE Grand View Research, Inc.
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