Global Artificial Intelligence in Neurology Market Research Report: Forecast (2024-2030)

By Indication (Neuro-technology [Neuro-monitoring, Neuro-modulation, Neuro-feedback, Neuro-Pharmacology, Other Neuro-technology Indications], Neurosurgery [Functional Neurosurgery,...... Others]), By Application (Screening & Diagnosis, Treatment, Research & Development, Training, Surgical Planning and Rehabilitation, Others), By Type (Oncology, Neurodegeneration, Neurovascular, Traumatic Brain Injury, Spinal Cord Injury), By Technology (Machine Learning and Deep Learning, Natural Language Processing [NLP], Others), By Components (Hardware, Software-as-a-Service[SaaS]), By End-User (Hospitals, Diagnosis Centers, Others), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (ActivSurgical Inc., Brainomix Limited, Caresyntax Corp, Neosama Inc., ExplORer Surgical Corp., Surgalign Spine Technology Inc., LeanTaaS Inc., Medtronic Plc, Scalpel Limited, Theator Inc., Others) Read more

  • Healthcare
  • Nov 2023
  • 234
  • PDF, Excel, PPT

Market Definition

Artificial Intelligence is a persuasive area of computer science with massive potential to transform medical practice radically & enhance the performance of the healthcare sector. With AI, neurologists can simulate & access in-depth data about the process of impulse formation & transfer throughout the body. It is enabling medical professionals to speed up the research process & reduce errors.

Market Insights & Analysis: Global Artificial Intelligence in Neurology Market (2024-30):

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. The market is driven primarily by the growing complexities in making clinical decisions, difficulties in surgeries while distinguishing tumor tissues from healthy ones, rapidly expanding Healthcare Information Technology (HCIT), and the mounting inclination toward patient-centric care. The burgeoning demand for cost-effective, fast & accurate diagnoses, rapid generation of diagnostic data, and efficient report analysis is another crucial aspect likely to drive the market in the coming years.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-30) 46%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
South America: Brazil, Rest of South America
Middle East & Africa: 
Key Companies Profiled ActivSurgical Inc., Brainomix Limited, Caresyntax Corp, Neosama Inc., ExplORer Surgical Corp., Surgalign Spine Technology Inc., LeanTaaS Inc., Medtronic Plc, Scalpel Limited, Theator Inc., Others
Market Value (2023) USD 48 Million

 

AI-powered remote monitoring devices and telemedicine solutions have become indispensable components of neurology care. These technologies enable healthcare providers to maintain continuous surveillance of patients' neurological conditions, leading to enhanced disease management. Owing to this, the healthcare sector's increasing adoption of AI-powered solutions for diagnostics & monitoring solutions for neurology cases is driving the demand for AI in neurology.

Furthermore, the prominence of AI-driven treatment personalization in neurology is continuously growing. AI algorithms can examine an individual patient's unique genetic profile, medical history, and lifestyle choices, allowing for the customization of treatment plans. This minimizes the potential side effects and optimizes therapeutic outcomes. Hence, these developments present significant opportunities and are poised to have a profound impact on the future growth of the Artificial Intelligence in Neurology Market.

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. For instance:

  • The World Health Organization (WHO) reported that in 2022, the global count of dementia patients reached approximately 55 million, with 60% of them residing in low & middle-income countries, and these numbers are expected to rise by 10 million cases annually. 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Artificial Intelligence in Neurology Market Trends & Developments
  5. Global Artificial Intelligence in Neurology Market Dynamics
    1. Drivers
    2. Challenges
  6. Global Artificial Intelligence in Neurology Market Porter Five Analysis
  7. Global Artificial Intelligence in Neurology Market Start-up Ecosystem
    1. Entrepreneurial Activity
    2. Funding Received by Top Companies
    3. Key Investors Active in the Market
    4. Series-wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  8. Global Artificial Intelligence in Neurology Market Regulations, Policies and Standards
  9. Global Artificial Intelligence in Neurology Hotspot and Opportunities
  10. Global Artificial Intelligence in Neurology Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Size & Analysis
      1. By Indication
        1. Neuro Technology- Market Size & Forecast 2019-2030, USD Million
          1. Neuro-monitoring- Market Size & Forecast 2019-2030, USD Million
          2. Neuro-modulation- Market Size & Forecast 2019-2030, USD Million
          3. Neuro-feedback- Market Size & Forecast 2019-2030, USD Million
          4. Neuro-pharmacology- Market Size & Forecast 2019-2030, USD Million
          5. Others- Market Size & Forecast 2019-2030, USD Million
        2. Neurosurgery- Market Size & Forecast 2019-2030, USD Million
          1. Functional Neurosurgery- Market Size & Forecast 2019-2030, USD Million
          2. Others- Market Size & Forecast 2019-2030, USD Million
      2. By Application
        1. Screening & Diagnosis - Market Size & Forecast 2019-2030, USD Million
        2. Treatment - Market Size & Forecast 2019-2030, USD Million
        3. Research & Development- Market Size & Forecast 2019-2030, USD Million
        4. Training- Market Size & Forecast 2019-2030, USD Million
        5. Surgical Planning & Rehabilitation- Market Size & Forecast 2019-2030, USD Million
        6. Others- Market Size & Forecast 2019-2030, USD Million
      3. By Type
        1. Oncology- Market Size & Forecast 2019-2030, USD Million
        2. Neurodegeneration- Market Size & Forecast 2019-2030, USD Million
        3. Neurovascular- Market Size & Forecast 2019-2030, USD Million
        4. Traumatic Brain Injury- Market Size & Forecast 2019-2030, USD Million
        5. Spinal Cord Injury- Market Size & Forecast 2019-2030, USD Million
      4. By Technology
        1. Machine Learning (ML) & Deep Learning (DL)- Market Size & Forecast 2019-2030, USD Million
        2. Natural Language Processing (NLP) - Market Size & Forecast 2019-2030, USD Million
        3. Others (Context Aware Computing, Computer Vision) - Market Size & Forecast 2019-2030, USD Million
      5. By Components
        1. Hardware- Market Size & Forecast 2019-2030, USD Million
        2. Software-as-a-Service(SaaS) - Market Size & Forecast 2019-2030, USD Million
      6. By End User
        1. Hospitals- Market Size & Forecast 2019-2030, USD Million
        2. Diagnosis Centers- Market Size & Forecast 2019-2030, USD Million
        3. Others (Surgical Center, Research Center, Clinic) - Market Size & Forecast 2019-2030, USD Million
      7. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      8. By Competition
        1. Competition Characteristics
        2. Market Share Analysis
  11. North America Artificial Intelligence in Neurology Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Indication- Market Size & Forecast 2019-2030, USD Million
      2. By Application- Market Size & Forecast 2019-2030, USD Million
      3. By Type- Market Size & Forecast 2019-2030, USD Million
      4. By Technology- Market Size & Forecast 2019-2030, USD Million
      5. By Components- Market Size & Forecast 2019-2030, USD Million
      6. By End User- Market Size & Forecast 2019-2030, USD Million
      7. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    4. Canada Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    5. Mexico Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
  12. South America Artificial Intelligence in Neurology Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Indication- Market Size & Forecast 2019-2030, USD Million
      2. By Application- Market Size & Forecast 2019-2030, USD Million
      3. By Type- Market Size & Forecast 2019-2030, USD Million
      4. By Technology- Market Size & Forecast 2019-2030, USD Million
      5. By Components- Market Size & Forecast 2019-2030, USD Million
      6. By End User- Market Size & Forecast 2019-2030, USD Million
      7. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
  13. Europe Artificial Intelligence in Neurology Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Indication- Market Size & Forecast 2019-2030, USD Million
      2. By Application- Market Size & Forecast 2019-2030, USD Million
      3. By Type- Market Size & Forecast 2019-2030, USD Million
      4. By Technology- Market Size & Forecast 2019-2030, USD Million
      5. By Components- Market Size & Forecast 2019-2030, USD Million
      6. By End User- Market Size & Forecast 2019-2030, USD Million
      7. By Country
        1. Germany
        2. The UK
        3. France
        4. Spain
        5. Italy
        6. Rest of Europe
    3. Germany Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    4. The UK Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    5. France Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    6. Spain Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    7. Italy Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
  14. The Middle East & Africa Artificial Intelligence in Neurology Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Indication- Market Size & Forecast 2019-2030, USD Million
      2. By Application- Market Size & Forecast 2019-2030, USD Million
      3. By Type- Market Size & Forecast 2019-2030, USD Million
      4. By Technology- Market Size & Forecast 2019-2030, USD Million
      5. By Components- Market Size & Forecast 2019-2030, USD Million
      6. By End User- Market Size & Forecast 2019-2030, USD Million
  15. Asia-Pacific Artificial Intelligence in Neurology Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Indication- Market Size & Forecast 2019-2030, USD Million
      2. By Application- Market Size & Forecast 2019-2030, USD Million
      3. By Type- Market Size & Forecast 2019-2030, USD Million
      4. By Technology- Market Size & Forecast 2019-2030, USD Million
      5. By Components- Market Size & Forecast 2019-2030, USD Million
      6. By End User- Market Size & Forecast 2019-2030, USD Million
      7. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia
        6. Rest of Asia Pacific
    3. China Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    4. Japan Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    5. India Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
        4.  
    6. South Korea Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
    7. Australia Artificial Intelligence in Neurology Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Indication- Market Size & Forecast 2019-2030, USD Million
        2. By Type- Market Size & Forecast 2019-2030, USD Million
        3. By End User Market Size & Forecast 2019-2030, USD Million
  16. Global Artificial Intelligence in Neurology Market Key Strategic Imperatives for Success & Growth
  17. Competitive Outlook
    1. Company Profiles 
      1. ActivSurgical Inc.
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Brainomix Limited
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Caresyntax Corp
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Neosama Inc.
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. ExplORer Surgical Corp
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Surgalign Spine Technology Inc.
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. LeanTaaS Inc.
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Medtronic Plc                              
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Scalpel Limited
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Theator Inc.
        1. Business Description
        2. Type Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Others
  18. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

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