×

Digital Neuro Biomarkers Market Size, Share, Trends, Growth Outlook

Digital Neuro Biomarkers Market Size, Share, Trends, Growth Outlook, and Opportunities to 2032- By Type (Wearable, Mobile based Applications, Sensors, Others), By Clinical Practice (Diagnostic Psychiatric Digital Biomarkers, Monitoring Psychiatric Digital Biomarkers, Predictive and Prognostic Psychiatric Digital Biomarkers, Others), By End-User (Healthcare companies, Healthcare Providers, Payers, Others), Countries and Companies Report

  • Home
  • Healthcare
  • Digital Neuro Biomarkers Market
  • |Published Month : August, 2024
  • |No. of Pages : 199

Global Digital Neuro Biomarkers Market Size is valued at $781.6 Million in 2024 and is forecast to register a growth rate (CAGR) of 23.6% to reach $4257.3 Million by 2032.

The global Digital Neuro Biomarkers Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Wearable, Mobile based Applications, Sensors, Others), By Clinical Practice (Diagnostic Psychiatric Digital Biomarkers, Monitoring Psychiatric Digital Biomarkers, Predictive and Prognostic Psychiatric Digital Biomarkers, Others), By End-User (Healthcare companies, Healthcare Providers, Payers, Others).

An Introduction to Digital Neuro Biomarkers Market in 2024

The digital neuro biomarkers market is experiencing significant growth, driven by advancements in digital health technologies and an increasing focus on personalized medicine. Digital neuro biomarkers, which are objective measures of neurological function obtained through digital tools such as wearable devices, mobile apps, and sensors, are revolutionizing the way neurological diseases are diagnosed, monitored, and managed. The rising prevalence of neurological disorders, including Alzheimer's disease, Parkinson's disease, and multiple sclerosis, is fueling the demand for innovative diagnostic and monitoring solutions that offer greater accuracy and ease of use compared to traditional methods. Advances in data analytics, machine learning, and artificial intelligence are enabling the development of sophisticated algorithms that can interpret complex neurological data and provide actionable insights. This is enhancing the ability of healthcare providers to tailor treatment plans to individual patients and track disease progression in real time. Additionally, the integration of digital neuro biomarkers into clinical trials is improving the efficiency and effectiveness of drug development by providing more precise endpoints and reducing variability. As the healthcare industry continues to embrace digital health solutions, the digital neuro biomarkers market is poised for robust growth, reflecting broader trends in digital transformation and precision medicine.

Digital Neuro Biomarkers Market Size, Share, Trends, Growth Outlook

Digital Neuro Biomarkers Competitive Landscape

The market report analyses the leading companies in the industry including Altoida Inc, Biogen Inc, Huma, Koneksa, Linus Health, Merck KGaA, NeuraLight, NeuraMetrix, Neurotrack Technologies Inc, Roche, and others.

Digital Neuro Biomarkers Market Dynamics

Market Trend: Increasing Utilization of Mobile and Wearable Technologies

The Digital Neuro Biomarkers Market is experiencing a prominent trend towards the increasing utilization of mobile and wearable technologies. These technologies are transforming how neurological conditions are monitored and diagnosed by enabling continuous, real-time data collection and analysis. Wearable devices and smartphone applications can capture a range of neurophysiological data, such as movement patterns, speech, and cognitive function, providing valuable insights into the onset and progression of neurological disorders. This trend is driven by advancements in sensor technology and data analytics, which facilitate the development of more accurate and accessible digital biomarkers.

Market Driver: Rising Prevalence of Neurological Disorders and Demand for Early Detection

The rising prevalence of neurological disorders and the demand for early detection are significant drivers for the Digital Neuro Biomarkers Market. With an aging global population and increasing incidence of conditions such as Alzheimer's disease, Parkinson's disease, and multiple sclerosis, there is a critical need for innovative diagnostic tools that enable early and accurate detection. Digital neuro biomarkers offer a non-invasive and cost-effective approach to monitoring neurological health, making them an attractive solution for healthcare providers and patients alike. This driver is supported by growing awareness of the benefits of early intervention and personalized treatment strategies.

Market Opportunity: Integration with Artificial Intelligence and Machine Learning

A notable opportunity for the Digital Neuro Biomarkers Market lies in the integration with artificial intelligence (AI) and machine learning (ML) technologies. By leveraging AI and ML algorithms, digital neuro biomarkers can be analyzed more effectively, leading to improved diagnostic accuracy and predictive capabilities. These technologies can help identify subtle patterns and changes in neurophysiological data that may be indicative of neurological disorders, enabling more precise and timely interventions. Additionally, developing platforms that combine digital biomarkers with AI-driven analytics can enhance patient monitoring and support personalized treatment plans. By focusing on these opportunities, companies can drive innovation and improve outcomes in neurological healthcare.

Digital Neuro Biomarkers Market Share Analysis: Diagnostic Psychiatric Digital Biomarkers generated the highest revenue in 2024

In the Digital Neuro Biomarkers Market, the Diagnostic Psychiatric Digital Biomarkers segment is the largest. This dominance is attributed to the increasing prevalence of psychiatric disorders and the growing need for accurate and early diagnosis. Diagnostic digital biomarkers offer objective and quantifiable measures that enhance the precision and reliability of psychiatric assessments, leading to better clinical decision-making. The rising awareness and acceptance of digital health technologies among healthcare providers and patients further boost the demand for diagnostic solutions. Additionally, advancements in artificial intelligence and machine learning have facilitated the development of sophisticated diagnostic tools, making them more accessible and efficient in clinical practice. As a result, the Diagnostic Psychiatric Digital Biomarkers segment commands a significant share of the market.

Digital Neuro Biomarkers Market Share Analysis: Mobile-based Application is poised to register the fastest CAGR over the forecast period

In the Digital Neuro Biomarkers Market, the Mobile-based Applications segment is expected to be the fastest growing over the forecast period to 2032. This rapid growth can be attributed to the increasing penetration of smartphones and the development of sophisticated health monitoring apps that provide convenient, real-time tracking of neurological health. Mobile-based applications offer several advantages, including accessibility, ease of use, and the ability to gather continuous data outside of clinical settings, which enhances patient engagement and adherence to monitoring protocols. Furthermore, the integration of artificial intelligence and machine learning in mobile applications is improving the accuracy and predictive capabilities of neuro biomarkers, driving their adoption among healthcare professionals for diagnostic, monitoring, and treatment purposes. The rising demand for remote patient monitoring and telemedicine solutions, especially in the wake of the COVID-19 pandemic, further accelerates the growth of mobile-based applications in the digital neuro biomarkers market.

Digital Neuro Biomarkers Market Share Analysis: Healthcare Providers generated the highest revenue in 2024

In the Digital Neuro Biomarkers Market, the Healthcare Providers segment is the largest among the end-users. This dominance is due to healthcare providers being at the forefront of adopting digital neuro biomarkers for improving patient diagnosis, monitoring, and treatment outcomes. Hospitals, clinics, and specialized care centers are increasingly integrating these technologies into their workflows to enhance the precision of neurological assessments and tailor personalized treatment plans. The growing emphasis on early diagnosis and intervention in neurological disorders, such as Alzheimer's, Parkinson's, and multiple sclerosis, drives healthcare providers to leverage digital neuro biomarkers. Additionally, the ability of these biomarkers to provide real-time, continuous monitoring and data collection is highly valuable in clinical settings, where timely and accurate information is crucial for effective patient management. The increasing collaboration between healthcare providers and tech companies to implement digital solutions further supports the segment's prominence in the market.

Digital Neuro Biomarkers Market Segmentation

By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Digital Neuro Biomarkers Companies Profiled in the Study

Altoida Inc
Biogen Inc
Huma
Koneksa
Linus Health
Merck KGaA
NeuraLight
NeuraMetrix
Neurotrack Technologies Inc
Roche
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Digital Neuro Biomarkers Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Digital Neuro Biomarkers Market Size Outlook, $ Million, 2021 to 2032
3.2 Digital Neuro Biomarkers Market Outlook by Type, $ Million, 2021 to 2032
3.3 Digital Neuro Biomarkers Market Outlook by Product, $ Million, 2021 to 2032
3.4 Digital Neuro Biomarkers Market Outlook by Application, $ Million, 2021 to 2032
3.5 Digital Neuro Biomarkers Market Outlook by Key Countries, $ Million, 2021 to 2032

4 Market Dynamics
4.1 Key Driving Forces of Digital Neuro Biomarkers Industry
4.2 Key Market Trends in Digital Neuro Biomarkers Industry
4.3 Potential Opportunities in Digital Neuro Biomarkers Industry
4.4 Key Challenges in Digital Neuro Biomarkers Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Digital Neuro Biomarkers Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Digital Neuro Biomarkers Market Outlook by Segments
7.1 Digital Neuro Biomarkers Market Outlook by Segments, $ Million, 2021- 2032
By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others

8 North America Digital Neuro Biomarkers Market Analysis and Outlook To 2032
8.1 Introduction to North America Digital Neuro Biomarkers Markets in 2024
8.2 North America Digital Neuro Biomarkers Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Digital Neuro Biomarkers Market size Outlook by Segments, 2021-2032
By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others

9 Europe Digital Neuro Biomarkers Market Analysis and Outlook To 2032
9.1 Introduction to Europe Digital Neuro Biomarkers Markets in 2024
9.2 Europe Digital Neuro Biomarkers Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Digital Neuro Biomarkers Market Size Outlook by Segments, 2021-2032
By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others

10 Asia Pacific Digital Neuro Biomarkers Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Digital Neuro Biomarkers Markets in 2024
10.2 Asia Pacific Digital Neuro Biomarkers Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Digital Neuro Biomarkers Market size Outlook by Segments, 2021-2032
By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others

11 South America Digital Neuro Biomarkers Market Analysis and Outlook To 2032
11.1 Introduction to South America Digital Neuro Biomarkers Markets in 2024
11.2 South America Digital Neuro Biomarkers Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Digital Neuro Biomarkers Market size Outlook by Segments, 2021-2032
By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others

12 Middle East and Africa Digital Neuro Biomarkers Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Digital Neuro Biomarkers Markets in 2024
12.2 Middle East and Africa Digital Neuro Biomarkers Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Digital Neuro Biomarkers Market size Outlook by Segments, 2021-2032
By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Altoida Inc
Biogen Inc
Huma
Koneksa
Linus Health
Merck KGaA
NeuraLight
NeuraMetrix
Neurotrack Technologies Inc
Roche

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Digital Neuro Biomarkers Market Segmentation

By Type
Wearable
Mobile based Applications
Sensors
Others
By Clinical Practice
Diagnostic Psychiatric Digital Biomarkers
Monitoring Psychiatric Digital Biomarkers
Predictive and Prognostic Psychiatric Digital Biomarkers
Others
By End-User
Healthcare companies
Healthcare Providers
Payers
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions

Related Reports