Brain Imaging, Biomarkers and Neuroinformatics Market Propelled by Increasing Geriatric Population
Brain Imaging, Biomarkers and NeuroInformatics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
A new report from Transparency Market Research, titled ‘Brain Imaging, Biomarkers, and neuroinformatics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,’ states that the global brain imaging, biomarkers, and neuroinformatics market is expected to progress during the period from 2014 to 2020 due to the increasing investment in research and development activities by medical professionals and the rising aging population.
Imaging has become one of the important tools in the medical sector and for clinical research. A wide variety of imaging techniques are commercially available, providing sensitivity for the visualization of brain function and structure from the scale of independent molecules to the whole brain. Brain imaging helps physicians and researchers accurately identify the exact area of the brain affected by neurological disorders. Brain imaging thus helps in formulating various strategies for treating brain disorders. With imaging technologies, the brain’s structure can be captured for the diagnosis of various metabolic diseases. Brain imaging methods are non-invasive, thus allowing physicians and researchers to identify neural networks that are involved in the respective cognitive pathway.
Biomarkers are measurable indicators used for the identification of specific diseases. Biomarkers are primarily used for the identification of the progress of the disease and for evaluation of an effective therapeutic regime for drug target identification. Biomarkers play an important role in the field of neuroscience as they help identify various neurological abnormalities and disorders. Going forward, the global brain imaging, biomarkers, and neuroinformatics market is expected to register repaid growth due to the improving understanding of neurologic diseases. As aged people are more prone to brain disorders, the increasing aging population is expected to benefit the global brain imaging, biomarkers, and neuroinformatics market massively.
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As per the World Health Organization, around 14.1% of the global population is expected to suffer from neurologic disorders by 2020. The growing population pool suffering from neurologic disorders is expected to propel the global brain imaging, biomarkers, and neuroinformatics market in the coming few years.
By geography, the global brain imaging, biomarkers, and neuroinformatics market is divided into Europe, Asia Pacific, North America, and Rest of the World. At present, North America dominates the global brain imaging, biomarkers, and neuroinformatics market, followed by Europe. As per the recent records, around 100 million people at present are suffering from various nervous system disorders and brain disorders such as Parkinson’s disease, Alzheimer’s disease, schizophrenia, and sleep disorders.
Further, as per the National Institute of Mental Health, every year, around 1 in 4 adults in the U.S. suffers from brain disorders. For the diagnosis of various nervous system disorders and brain disorders, new tools are being developed and introduced by leading players. Some of the prominent players operating in the global brain imaging, biomarkers, and neuroinformatics market are Abbot Diagnostics, Advanced Brain Monitoring, Johnson & Johnson, NeuroVigil, Philips Healthcare, Aspect Medical (Covidien), Natus Medical, and Brain Resource.
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