New Market Study from Neurotech Reports Offers Updated Projections

A newly released market research study from Neurotech Reports, the publisher of this newsletter, projects that the worldwide market for neurotechnology products will grow from $6.4 billion in 2014 to $10.7 billion by 2018. The largest market segment within the neurotechnology industry is neuromodulation systems. Worldwide sales of neuromodulation systems will grow from $3.5 billion in 2014 to $6.0 billion in 2018, a 14 percent compound annual growth rate.

The report, titled The Market for Neurotechnology: 2014-2018, was updated in December 2013. It features market projections in four major market segments, including neuromodulation devices, neural prostheses, neurorehabilitation systems, and neurosensing systems. The report itemizes market projections of product categories within each major market segment. For example, one of the fastest growing product categories within the neurorehabilitation segment is neurorobotics systems, which will experience 19 percent compound annual growth between 2014 and 2018.

The report also includes detailed profiles of 39 public, private, and startup neurotech firms, along with dozens of research institutions, venture capital firms, and funding organizations.

For more information on the report, contact Neurotech Reports at 415 546 1259.