Quick Overview of the Global Artificial Intelligence in Neurology Market Analysis

The objective of the Global Artificial Intelligence in Neurology Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.

According to the latest report analysis by MarkNtel Advisors, the Global Artificial Intelligence in Neurology Market is valued at around USD 48 million in 2023 and is estimated to grow at a CAGR of about 46% during the forecast period, i.e., 2024-30. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments made globally. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.

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Latest Driver Contributing in the Expansion or Reduction in the Artificial Intelligence in Neurology Industry

Global Artificial Intelligence in Neurology Market Driver

Rising Prevalence of Neurological Disorders to Aid in Assisting the Market Growth – The increasing prevalence of neurological diseases worldwide is fueling the need for AI in the market. This is primarily due to the rising prevalence of various neurological conditions, including dementia, migraines, and other related disorders. Due to stress, dietary patterns, and heightened exposure to environmental toxins like lead, mercury, and pesticides, the demand for diagnosis & treatment is ascending across the healthcare market globally, which consequently impacts the innovating technology of diagnosis like AI, eventually the Artificial Intelligence in Neurology Market demand.

Global Artificial Intelligence in Neurology Industry Recent Development:

• 2023: Surgalign Spine Technologies, Inc. announced the release of Holo AI insights for neurovascular research to automatically segment medical images, measure anatomic structures, automate pedicle screw planning, and perform other tasks.
• 2022: Neosoma Inc. announced to received FDA clearance for its first AI-based Neuro-Oncology Software, Neosoma HGG (High-Grade Glioma).

A Detailed Outlook of Artificial Intelligence in Neurology Market Segmentation

The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, regional, and global level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments like Segment A, Segment B, Segment C were used to classify the market for this study.

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-By Indication

• Neuro Technology- Market Size & Forecast 2019-2030, USD Million
• Neurosurgery- Market Size & Forecast 2019-2030, USD Million

-By Application

• Screening & Diagnosis – Market Size & Forecast 2019-2030, USD Million
• Treatment – Market Size & Forecast 2019-2030, USD Million
• Research & Development- Market Size & Forecast 2019-2030, USD Million
• Training- Market Size & Forecast 2019-2030, USD Million
• Surgical Planning & Rehabilitation- Market Size & Forecast 2019-2030, USD Million
• Others- Market Size & Forecast 2019-2030, USD Million

-By Type

• Oncology- Market Size & Forecast 2019-2030, USD Million
• Neurodegeneration- Market Size & Forecast 2019-2030, USD Million
• Neurovascular- Market Size & Forecast 2019-2030, USD Million
• Traumatic Brain Injury- Market Size & Forecast 2019-2030, USD Million
• Spinal Cord Injury- Market Size & Forecast 2019-2030, USD Million

-By Technology

• Machine Learning (ML) & Deep Learning (DL)- Market Size & Forecast 2019-2030, USD Million
• Natural Language Processing (NLP) – Market Size & Forecast 2019-2030, USD Million
• Others (Context Aware Computing, Computer Vision) – Market Size & Forecast 2019-2030, USD Million

-By Components

• Hardware- Market Size & Forecast 2019-2030, USD Million
• Software-as-a-Service(SaaS) – Market Size & Forecast 2019-2030, USD Million

-By End User

• Hospitals- Market Size & Forecast 2019-2030, USD Million
• Diagnosis Centers- Market Size & Forecast 2019-2030, USD Million
• Others (Surgical Center, Research Center, Clinic) – Market Size & Forecast 2019-2030, USD Million

 Geographical analysis:

-By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

North America is projected to lead the Global Artificial Intelligence in Neurology Market over the forecast years. It owes to the region being an early adopter of modern technologies for healthcare, coupled with the strong base of leading market players headquartered across the US.

The increasing number of start-ups in the region & massive investments in Healthcare Information Technology (HCIT) toward developing new therapies are other crucial aspects expected to drive the North America Artificial Intelligence in Neurology Market in the future years.

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Lead the Artificial Intelligence in Neurology Market with a Deep Evaluation of the Competition

This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.

Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.

The details on the following key players is presented in this section as:

• ActivSurgical Inc.
• Brainomix Limited
• Caresyntax Corp
• Neosama Inc.
• ExplORer Surgical Corp
• Surgalign Spine Technology Inc.
• LeanTaaS Inc.
• Medtronic Plc
• Scalpel Limited
• Theator Inc.
• Others

 Some Key Questions Covered in Our Detailed Report

• What are the trends or opportunities of the Artificial Intelligence in Neurology Market? Will the market increase or decrease in the forecast period?
• Who are the top players in the Artificial Intelligence in Neurology industry? And which player dominates the market?
• What is the expected demand for different product categories?
• In the upcoming period, which region will dominate the market with prominent share?

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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