Global AI in Neurology Market - Industry Trends and Forecast to 2031

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Global AI in Neurology Market - Industry Trends and Forecast to 2031

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Global Ai In Neurology Market

Tamanho do mercado em biliões de dólares

CAGR :  % Diagram

Chart Image USD 48.00 Million USD 716.52 Million 2023 2031
Diagram Período de previsão
2024 –2031
Diagram Tamanho do mercado (ano base )
USD 48.00 Million
Diagram Tamanho do mercado ( Ano de previsão)
USD 716.52 Million
Diagram CAGR
%
Diagram Principais participantes do mercado
  • Manequim1
  • Manequim2
  • Manequim3
  • Manequim4
  • Manequim5

>Global AI in Neurology Market, By Indication (Neuro-technology, Neurosurgery), Application (Screening & Diagnosis, Treatment, Research & Development, Training, Surgical Planning and Rehabilitation, Others), Type (Oncology, Neurodegeneration, Neurovascular, Traumatic Brain Injury, Spinal Cord Injury), Technology (Machine Learning and Deep Learning, Natural Language Processing [NLP], Others), Components (Hardware, Software-as-a-Service[SaaS]), End-User (Hospitals, Diagnosis Centers, Others) - Industry Trends and Forecast to 2031.

AI in Neurology Market

AI in Neurology Market Analysis and Size

AI can help improve the diagnosis and detection of brain tumors and other neurological cancers with high accuracy and consistency. Studies show that optical imaging and deep convolutional neural networks (CNNs) can be used to accurately predict brain tumors in less than 150 seconds. AI can also help overcome current industry challenges in the field of neurology by enabling higher efficiency, accuracy, and better patient care. In addition, AI can simulate and access in-depth data about the process of impulse formation and transfer throughout the body, which can help neurologists provide personalized treatments.

Data Bridge Market Research analyzes that the global AI in neurology market, which was USD 48.00 million in 2023, is likely to reach USD 716.52 million by 2031 and is expected to undergo a CAGR of 40.2% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Indication (Neuro-technology, Neurosurgery), Application (Screening & Diagnosis, Treatment, Research & Development, Training, Surgical Planning and Rehabilitation, Others), Type (Oncology, Neurodegeneration, Neurovascular, Traumatic Brain Injury, Spinal Cord Injury), Technology (Machine Learning and Deep Learning, Natural Language Processing [NLP], Others), Components (Hardware, Software-as-a-Service[SaaS]), End-User (Hospitals, Diagnosis Centers, Others)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Market Players Covered

ActivSurgical Inc. (U.S.), Brainomix Limited (U.K.), Caresyntax Corp (U.S.), Neosama Inc. (Israel), ExplORer Surgical Corp. (U.S.), Surgalign Spine Technology Inc. (U.S.), LeanTaaS Inc. (U.S.), Medtronic Plc (Ireland), Scalpel Limited (U.K.), and Theator Inc. (U.S.)

Market Opportunities

  • Growing demand for software-as-a-service (SaaS) in AI neurology
  • Increasing research and development activities

Market Definition

The AI (Artificial Intelligence) in neurology market is the application of artificial intelligence and machine learning technologies in the field of neurology. This market encompasses the development and utilization of AI tools, software, and hardware solutions that assist healthcare professionals, particularly neurologists and neurosurgeons, in diagnosing, treating, and managing neurological conditions. AI in neurology involves the use of advanced algorithms, neural networks, and computational techniques to analyze and interpret complex neurological data, such as brain imaging scans, patient records, and clinical data, to improve patient care and outcomes.

Global AI in Neurology Market Dynamics

Drivers

  • Increased data availability0

With the growing use of digital healthcare records, medical imaging, and wearable devices, there is a vast amount of neurological data available. AI can efficiently process and analyze this data, making it an attractive tool for neurologists and researchers to gain insights into neurological conditions. This data-driven approach can lead to more accurate diagnoses and treatment recommendations.

  • Shortage of neurologists

Many regions face a shortage of neurologists, which can lead to delayed diagnoses and treatment for patients with neurological disorders. AI tools can help bridge this gap by providing decision support to healthcare professionals, enabling them to make quicker and more informed decisions. This can be particularly important in emergency cases like strokes, where timely intervention is critical.

Opportunity

  • Advancements in AI algorithms

The development of advanced machine learning and deep learning algorithms has significantly improved the accuracy and capabilities of AI systems in diagnosing and managing neurological conditions. These algorithms can detect subtle patterns in medical images, genomics data, and clinical records that may be challenging for humans to identify.

Restraint/Challenge

  • Interoperability Challenges

Integrating AI systems with existing electronic health record (EHR) systems and hospital infrastructure can be challenging. Achieving seamless interoperability is essential for the effective use of AI in neurology, but compatibility issues and data exchange standards can be restraints.

Recent Developments

  • In 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
  • In 2022, Neosoma Inc. announced to received FDA clearance for its first AI-based Neuro-Oncology Software, Neosoma HGG (High-Grade Glioma)

Global AI in Neurology Market Scope

The AI in neurology market is segmented on the basis of indication, application, type, technology, components, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Indication

  • Neuro-technology
  • Neurosurgery

Application

  • Screening & Diagnosis
  • Treatment
  • Research & Development
  • Training
  • Surgical Planning and Rehabilitation
  • Others

Type

  • Oncology
  • Neurodegeneration
  • Neurovascular
  • Traumatic Brain Injury
  • Spinal Cord Injury

Technology

  • Machine Learning and Deep Learning
  • Natural Language Processing [NLP]
  • Others

End User

  • Hospitals
  • Diagnosis Centers
  • Others

Global AI in Neurology Market Regional Analysis/Insights

The AI in neurology market is analyzed and market size insights and trends are provided by country, indication, application, type, technology, components, and end user as referenced above.

The countries covered in the AI in neurology market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to the presence of advanced healthcare infrastructure.

Asia-Pacific is expected to grow during the forecast period due to surge in regional investments.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The AI in neurology market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the AI in neurology market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the AI in neurology market.

Competitive Landscape and AI in Neurology Market Share Analysis

The AI in neurology market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the AI in neurology market.

Some of the major players operating in the AI in neurology market are:

  • ActivSurgical Inc. (U.S.)
  • Brainomix Limited (U.K.)
  • Caresyntax Corp (U.S.)
  • Neosama Inc. (Israel)
  • ExplORer Surgical Corp. (U.S.)
  • Surgalign Spine Technology Inc. (U.S.)
  • LeanTaaS Inc. (U.S.)
  • Medtronic Plc (Ireland)
  • Scalpel Limited (U.K.)
  • Theator Inc. (U.S.)

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Pedido de demonstração

Metodologia de Investigação

A recolha de dados e a análise do ano base são feitas através de módulos de recolha de dados com amostras grandes. A etapa inclui a obtenção de informações de mercado ou dados relacionados através de diversas fontes e estratégias. Inclui examinar e planear antecipadamente todos os dados adquiridos no passado. Da mesma forma, envolve o exame de inconsistências de informação observadas em diferentes fontes de informação. Os dados de mercado são analisados ​​e estimados utilizando modelos estatísticos e coerentes de mercado. Além disso, a análise da quota de mercado e a análise das principais tendências são os principais fatores de sucesso no relatório de mercado. Para saber mais, solicite uma chamada de analista ou abra a sua consulta.

A principal metodologia de investigação utilizada pela equipa de investigação do DBMR é a triangulação de dados que envolve a mineração de dados, a análise do impacto das variáveis ​​de dados no mercado e a validação primária (especialista do setor). Os modelos de dados incluem grelha de posicionamento de fornecedores, análise da linha de tempo do mercado, visão geral e guia de mercado, grelha de posicionamento da empresa, análise de patentes, análise de preços, análise da quota de mercado da empresa, normas de medição, análise global versus regional e de participação dos fornecedores. Para saber mais sobre a metodologia de investigação, faça uma consulta para falar com os nossos especialistas do setor.

Personalização disponível

A Data Bridge Market Research é líder em investigação formativa avançada. Orgulhamo-nos de servir os nossos clientes novos e existentes com dados e análises que correspondem e atendem aos seus objetivos. O relatório pode ser personalizado para incluir análise de tendências de preços de marcas-alvo, compreensão do mercado para países adicionais (solicite a lista de países), dados de resultados de ensaios clínicos, revisão de literatura, mercado remodelado e análise de base de produtos . A análise de mercado dos concorrentes-alvo pode ser analisada desde análises baseadas em tecnologia até estratégias de carteira de mercado. Podemos adicionar quantos concorrentes necessitar de dados no formato e estilo de dados que procura. A nossa equipa de analistas também pode fornecer dados em tabelas dinâmicas de ficheiros Excel em bruto (livro de factos) ou pode ajudá-lo a criar apresentações a partir dos conjuntos de dados disponíveis no relatório.

Perguntas frequentes

O mercado é segmentado com base em Global AI in Neurology Market, By Indication (Neuro-technology, Neurosurgery), Application (Screening & Diagnosis, Treatment, Research & Development, Training, Surgical Planning and Rehabilitation, Others), Type (Oncology, Neurodegeneration, Neurovascular, Traumatic Brain Injury, Spinal Cord Injury), Technology (Machine Learning and Deep Learning, Natural Language Processing [NLP], Others), Components (Hardware, Software-as-a-Service[SaaS]), End-User (Hospitals, Diagnosis Centers, Others) - Industry Trends and Forecast to 2031. .
O tamanho do Global AI in Neurology Market foi avaliado em USD 48.00 USD Million no ano de 2023.
O Global AI in Neurology Market está projetado para crescer a um CAGR de 40.2% durante o período de previsão de 2024 a 2031.
O relatório de mercado cobre dados de U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
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