Neurophotonics: Global Markets and Technologies to 2023

Report Highlights

The global market for neurophotonics should grow from $928 million in 2018 to reach $1.7 billion by 2023 at a compound annual growth rate (CAGR) of 12.6% for the period of 2018-2023.

Report Includes 

Report Scope

This report provides an updated review of neurophotonics technologies, including a description of various devices, and identifies current and emerging technologies used in different neurology fields. 

BCC Research delineates the current market status for these products, defines trends and presents growth forecasts for the next five years. The neurophotonics market is based on four segments: system type, application, neurological disorder and region. In addition, technological issues, including key events and the latest developments, are discussed. 

More specifically, the market analysis conducted by BCC Research for this report appears over five chapters. 

Chapter 3 of the report introduces the topic and a historical review of neurophotonic technologies, including an outline of recent events. This chapter identifies the main neurological conditions that are currently being evaluated or treated using these systems. 

Chapter 4 provides a technological review of various types of optical systems for neurophotonics, together with their primary features and uses. This chapter concludes with an analysis of the most important technological developments since 2016, including examples of significant patents recently issued or applied. The chapter ends by listing the most active research organizations operating in this field and their activities. 

Chapter 5 entails a global market analysis of neurophotonics technologies. Global revenues (sales data in millions of dollars) are presented for each segment (system type, application, neurological condition and region), with actual data for 2016 and 2017 and estimates for 2018. Dollar figures refer to sales of these systems at the manufacturing level. 

The analysis of current revenues for neurophotonics technologies is followed by a detailed presentation of market growth trends, based on industry growth, technological trends and regional trends. The third section concludes by providing projected revenues for optical systems used in neurophotonics within each segment, together with forecast compound annual growth rates (CAGRs) for the period of 2018 through 2023. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. 

Chapter 6, which covers global industry structure, lists the leading manufacturers of neurophotonics systems, along with a description of their products. The analysis provides the geographical distribution of these firms and an evaluation of other key industry players. Company profiles of the top players are also provided. 

Chapter 7 includes an analysis of recently issued U.S. patents, with a summary of patents related to fabrication processes, methods for using neurophotonic systems and applications. Patent analysis is performed by region, country, assignee, patent category, system type and application.

Analyst Credentials

Margareth Gagliardi, Chief Research Analyst in Advanced Materials for BCC Research, has more than 30 years of experience in the field of advanced materials, specializing in ceramic formulations, materials processing, and new product development. After receiving her degrees in Chemical and Ceramic Engineering, she worked in both manufacturing and R&D holding senior management positions within U.S. and European firms producing electronic, mechanical, chemical, and structural components.

She is currently focusing on market intelligence and advanced technologies analysis for organizations and research institutions that operate within a range of high-tech industries.