According to the latest report by IMARC Group, titled “Neurological Biomarkers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global neurological biomarkers market grew at a CAGR of around 15% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Neurological biomarkers refer to the molecules present in the blood or cerebral spinal fluid (CSF). They aid in the diagnosis of brain disorders and monitor disease progression. Some primary sources of these biomarkers include genetic mutations, metabolite levels, brain imaging, post-translational modifications, changes in protein expression, etc. They detect biological responses to experimental drugs and help in finding new targets for therapeutic intervention. As a result, neurological biomarkers are widely utilized in clinical practice during drug development.
The increasing prevalence of various neurological disorders, including stroke, motor neuron disease, Alzheimer’s disease, Parkinson’s disease, Huntington’s disease, etc., is bolstering the demand for faster drug development. This, in turn, is driving the neurological biomarkers market as biomarkers assist in measuring the efficacy of therapeutic strategies and drugs. Moreover, the growing adoption of minimally invasive procedures and the rising use of personalized medicines are further augmenting the growth of the global market. Additionally, the introduction of digital biomarkers, continuous advancements in mass spectrometry, and the elevating number of clinical trials, are also anticipated to cater to the market for neurological biomarkers in the coming years.
Neurological Biomarkers Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global neurological biomarkers market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Abbott Laboratories
- Acumen Pharmaceuticals Inc.
- Athena Diagnostics (Quest Diagnostics)
- Banyan Biomarkers Inc.
- Bio-Rad Laboratories Inc.
- Immunarray Pvt. Ltd.
- Myriad Rbm Inc. (Myriad Genetics Inc.)
- Proteome Sciences Plc
- Thermo Fisher Scientific Inc.
The report has segmented the global neurological biomarkers market on the basis of type, application, end use and region.
Breakup by Type:
- Genomic Biomarkers
- Proteomic Biomarkers
- Metabolomic Biomarkers
- Imaging Biomarkers
- Others
- Alzheimer's Disease
- Parkinson's Disease
- Multiple Sclerosis
- Autism Spectrum Disorders
- Hospital Laboratories
- Clinical Diagnostic Centers
- Research Organizations
- Others
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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