- HealthTech
- Thursday, 01 Apr 2021
Europe Neurological Biomarkers Market Insights, Opportunity Analysis, Industry Shares And Forecast 2020-2027
According to The Insight Partners market research study of ‘Europe Neurological Biomarkers Market to 2027 – Regional Analysis and Forecasts by Product, Application, and End User,’ the Europe neurological biomarkers market is expected to reach US$ 3,062.94 Mn in 2027 from US$ 1,221.15 Mn in 2019. The market is estimated to grow with a CAGR of 12.4% from 2020-2027. The report provides trends prevailing in the Europe neurological biomarkers market and the factors driving market along with those that act as hindrances.
The health systems are witnessing considerable improvement with respect to patient awareness regarding periodic check-ups and benefits of early disease diagnosis. The awareness of disease and symptoms is essential for early detection and screening. The awareness of public toward a neurological disease and its symptoms helps the healthcare professionals as they are more likely to take action to prevent it happening to them, or go to healthcare providers for check-ups. Various local communities and non-government organizations (NGOs) are working toward organizing awareness campaigns to educate people regarding the benefits of early diagnosis. These organizations are conducting their campaigns with patient groups, hospitals and health organizations as well as publishing newsletters, magazines and other publications that aim to make people take healthy choices. This has eventually led to a preventive mentality among the local population, which is likely to offer growth opportunity for market players to tap on in the neurological biomarker industry.
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Companies Mentioned
- Thermo Fisher Scientific, Inc
- Abbott
- Merck KGaA
- Myriad Genetics
- QIAGEN
The market is expected to witness a substantial growth due to driving factors such as rising prevalence of neurological disorders and progressive research in neurological biomarkers. However, the complications associated with the use of neurological biomarkers are expected to hinder the market growth.
Myriad Genetics, Inc., QIAGEN, Merck KGaA, Thermo Fisher Scientific, Inc. and Abbott are some of the leading companies operating in the Europe neurological biomarkers market.
EUROPE NEUROLOGICAL BIOMARKERS MARKET SEGMENTATION
By Product
- Proteomics Biomarker
- Genomics Biomarker
- Metabolomics Biomarker
- Imaging Biomarker
- Others
By Application
- Alzheimer’s Disease
- Parkinson's Disease
- Schizophrenia
- Huntington's Disease
- Spinal Muscular Atrophy
- Others
By End User
- Pharmaceutical and Biotechnology Companies
- Clinical Diagnostics
- Research Organizations
By Country
- Germany
- UK
- France
- Italy
- Spain
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