Neurotech Devices Market Size

Neurotech Devices Market size was over USD 12 Billion in 2023 and is poised to exceed USD 42 Billion by the end of 2036, growing at over 14% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of neurotech devices is estimated at USD 14 Billion.

The reason behind the growth is the rising cases of neurological disorders, leading to more options in the neurotech devices landscape. According to the World Health Organization (WHO), there is a significant disparity in access to treatment: high-income nations have up to 70 times more neurological experts per 100,000 people than low- and middle-income countries. Over 80% of neurological fatalities and health loss occur in low- and middle-income countries.