USD 39.2 Billion
Report ID:
SQMIG35I2404 |
Region:
Global |
Published Date: July, 2025
Pages:
178
|Tables:
121
|Figures:
72
Global Neurodegenerative Disease Market size was valued at USD 39.2 Billion in 2023 and is poised to grow from USD 42.37 Billion in 2024 to USD 79.03 Billion by 2032, growing at a CAGR of 8.1% in the forecast period (2025-2032).
The global neurodegenerative disease market growth is being driven by ongoing technological advancements in diagnosis and treatment, government funding and shifting patient demographics. The creation of cutting-edge healthcare infrastructure and research projects targeted at treating diseases like Alzheimer's, Parkinson's and ALS are becoming more and more important to governments worldwide.
Recent years have brought about several developments in the global neurodegenerative disease industry, that have revolutionized treatment effectiveness and diagnostic precision. AI and machine learning are being utilized more and more to evaluate brain scans spot trends in the course of diseases and customize drug response predictions. In 2024, the rollout of 5G-enabled medical platforms facilitated real-time remote monitoring and data sharing between patients and neurologists, improving timely decision-making and therapy adjustments. Moreover, efforts toward sustainability and cost-effectiveness are leading to the development of portable, energy-efficient diagnostic devices, enabling wider access in rural and under-resourced regions, while also supporting long-term patient monitoring.
Why is AI Integration Essential to the Treatment of Next-Gen Neurodegenerative Diseases?
By facilitating early diagnosis, highly customized treatment and real-time patient monitoring, artificial intelligence (AI) is transforming the neurodegenerative diseases market significantly enhancing clinical outcomes and changing the outlook for the industry. AI-powered medical systems examine enormous amounts of data such as brain scans, genetic profiles, lifestyle choices and even alterations in speech or movement, to find early indicators of conditions like ALS, Parkinson and Alzheimer.
From 2024 to 2025, London NHS Foundation Trust piloted AI-integrated neuroimaging systems across two major neurology centers, allowing specialists to track disease progression and adapt treatment plans dynamically. Meanwhile, in March 2025, New York’s Mount Sinai Health System introduced AI-driven wearable devices that use sentiment and behavior analysis to monitor patient cognitive and emotional states in real-time alerting caregivers and adjusting therapeutic interventions as needed.
Market snapshot - 2025-2032
Global Market Size
USD 39.2 Billion
Largest Segment
Alzheimer's
Fastest Growth
Amyotrophic Lateral Sclerosis (ALS)
Growth Rate
8.1% CAGR
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The global neurodegenerative disease market is segmented into type, diagnosis & treatment, age group, end user, and region. By type, the market is classified into Alzheimer's disease, Parkinson's disease, Huntington's disease, amyotrophic lateral sclerosis (ALS), and other. Depending on diagnosis & treatment, it is divided into diagnostic imaging, biomarker testing, drug therapy, gene therapy, and assistive devices. According to the age group, the market is divided into 65 years and 65 years and above. As per end user, it is categorized into hospitals, diagnostic laboratories, specialty clinics, academic & research institutions, and homecare settings. Regionally, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Alzheimer's disease continues to dominate the global neurodegenerative disease market analysis in 2024 due to its high prevalence, especially among the elderly population. It is responsible for more than 60% of dementia cases worldwide and has attracted a lot of interest from both pharmaceutical companies and public health authorities. The launch of Biogen's Leqembi (lecanemab) in early 2025 after receiving full FDA approval is one noteworthy development. The medication, which is a breakthrough, in disease-modifying therapies and has improved patient access in North America and Europe, is intended to slow cognitive decline in early-stage Alzheimer's.
On the other hand, over the course of the forecast period, Amyotrophic Lateral Sclerosis (ALS) is anticipated to grow at the fastest rate among the subsegments. Despite being less common ALS is gaining a lot of attention from researchers because of unmet medical needs, accelerated disease progression and growing efforts to develop gene-targeted therapies. A novel antisense oligonucleotide (ASO)-based treatment created by Ionis Pharmaceuticals that targets the genetic mutations causing familial ALS was given accelerated approval by the FDA in 2025.
As per the 2024 global neurodegenerative disease market outlook, drug therapy continues to be the dominant subsegment within the diagnosis & treatment category. This is mostly because cholinesterase inhibitors, dopamine agonists and NMDA receptor antagonists are frequently used to treat the symptoms of common neurodegenerative diseases like Parkinson's and Alzheimer's. For instance, both public and private healthcare systems continue to use drugs like levodopa and donepezil as first-line treatments. Meanwhile, due to developments in biotechnology and personalized medicine, gene therapy has become the subsegment with the fastest rate of growth. Clinical trials for targeted gene correction, particularly in rare and hereditary neurodegenerative diseases, have gained a lot of traction using CRISPR and AAV (adeno-associated virus) vectors. Investor confidence was boosted and regulatory fast-tracks accelerated when Roche and Sarepta Therapeutics started Phase 2 trials for a novel gene-editing treatment for ALS in early 2025.
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As per the 2024 neurodegenerative disease market regional forecast, North America led the market with over 40% share, driven by advanced healthcare infrastructure, high awareness, strong diagnostic capabilities and government support. With large pharmaceutical and biotech companies making significant investments in treatments for Alzheimer's, Parkinson's and ALS, North America is a centre for neurodegenerative research and innovation. With rising insurance coverage and early screening programmes Biogen's increased distribution of Leqembi for Alzheimer's in the US and Canada in 2025 further cemented North America's dominance.
Due to the high incidence of Parkinson's and Alzheimer's diseases as well as ongoing clinical research, the U.S. market is still thriving. In 2024, the National Institutes of Health (NIH) increased its funding for neurodegenerative research by 15%, resulting in more than 200 ongoing trials across the country. Furthermore, early detection and better results are being fueled by the expanding use of digital diagnostics and AI-assisted brain imaging technologies.
Canada’s neurodegenerative disease landscape is expanding, particularly in Ontario and British Columbia. In 2025, Canada launched a national Alzheimer’s strategy emphasizing early intervention and community-based care. Local biotech firms are also exploring gene therapy options, with Toronto’s Neuromax Labs leading trials for ALS treatments. Government grants and favorable regulatory pathways are fueling clinical research and expanding treatment access.
Asia-Pacific is emerging as the fastest-growing region in the global neurodegenerative disease market. Factors like rapid urbanization, a rising elderly population, increased healthcare expenditure, and robust government awareness programs are driving this neurodegenerative disease market growth. Regional governments are launching national dementia plans, and improvements in healthcare access are significantly increasing the rate of early-stage diagnoses and treatment adoption.
South Korea is at the forefront of diagnostic innovation. In 2024, Seoul’s top hospitals implemented AI-enabled neuroimaging platforms capable of detecting Alzheimer’s disease in pre-symptomatic stages. A rapidly ageing population and nationwide cognitive screening programs are creating a high demand for early intervention tools. Furthermore, South Korea is contributing more to the regional neurodegenerative disease market statistics, due to its smart hospital infrastructure and public-private R&D collaborations.
With one of the oldest populations in the world, Japan is a major contributor to regional growth. Early in 2025, Eisai extended its network of memory care centers to include locations in major cities like Kyoto, Osaka and Tokyo. To track neurological decline in real time, the Japanese Ministry of Health is investing in wearable technology and home-based neuro care solutions. These developments are making it possible to expand the market outside of cities, and into rural areas where access to care has historically been restricted.
Europe is a strong but cautiously developing market that strikes a balance between the development of innovative therapies and the use of patient data that complies with GDPR. Countries like the UK, France and Germany are investing in digital diagnostics, clinical trials, and international research cooperation. According to the neurodegenerative disease regional forecast, is expected to grow steadily with the help of EU funding initiatives, and public-private partnerships.
The "Brain Health Check" campaign a nationwide cognitive evaluation campaign aimed at adults over 60, was started by the UK's NHS in 2024. Innovation in diagnosis and treatment personalization is being driven by AI-based memory tests and collaborations with startups such as Cognetica. Additionally, the nation is transforming research into scalable hospital applications in Manchester and London.
France is focusing on community-based care and biomarker research. Predictive analytics tools for Alzheimer's screening in rural health centers, were introduced by the French National Institute of Health in 2025. Digital infrastructure left over from hosting the 2024 Summer Olympics is now being used for public health tech trials such as, those centered on neurological conditions.
Clinical diagnostics based on data are being prioritized in Germany. Charité Berlin introduced smart wearable trials in 2025, to identify Parkinson's tremors and changes in gait early. As personalized medicine gains popularity a few biotech companies in Frankfurt and Munich, are working together to develop mRNA-based treatments for uncommon illnesses like Huntington disease. The development and accessibility of treatments are being expedited by government incentives and pan European collaborations.
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Advancements in Diagnostic Technologies
Increasing Interest in Customized Treatment
High Treatment Costs
Lack of Early Diagnostic Tools in Developing Regions
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In the highly competitive global neurodegenerative diseases market, major pharmaceutical and biotech companies are spearheading innovation in diagnosis and treatment. To maintain their position as leaders, major players are investing in biomarkers for early diagnosis, AI-powered drug discovery, and personalized medicine. Product pipelines and geographic reach are being extended through strategic alliances, mergers, and acquisitions. Furthermore, collaborations with academic institutions and local hospitals facilitate the recruitment of patients and the acceleration of clinical trials. In an increasingly complex healthcare environment. These global neurodegenerative disease market strategies are helping companies to improve treatment efficacy, solidify their position, and achieve long-term growth.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global neurodegenerative diseases market is expanding rapidly due to a few factors, including the ageing population, increased awareness, and advancements in diagnosis and treatment. The need for early intervention tools and disease-modifying treatments is growing because of the increased prevalence of conditions like Alzheimer's, Parkinson's and ALS. The market outlook is changing due to emerging technologies like neuroimaging platforms, RNA therapies and AI-based diagnostics. Globally, governments are investing in healthcare infrastructure and putting national dementia plans into action, especially in Asia-Pacific, which is the fastest-growing region. Startups, innovation-focused funding and strategic partnerships are enhancing the competitive environment. The market is expected to grow steadily as attention turns from symptom relief to long-term neuroprotection. Global market growth is being accelerated by these neurodegenerative diseases industry trends, which are also changing patient care.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 39.2 Billion |
Market size value in 2032 | USD 79.03 Billion |
Growth Rate | 8.1% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Neurodegenerative Disease Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Neurodegenerative Disease Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Neurodegenerative Disease Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Neurodegenerative Disease Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
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Global Neurodegenerative Disease Market size was valued at USD 39.2 Billion in 2023 and is poised to grow from USD 42.37 Billion in 2024 to USD 79.03 Billion by 2032, growing at a CAGR of 8.1% in the forecast period (2025-2032).
In the highly competitive global neurodegenerative diseases market, major pharmaceutical and biotech companies are spearheading innovation in diagnosis and treatment. To maintain their position as leaders, major players are investing in biomarkers for early diagnosis, AI-powered drug discovery, and personalized medicine. Product pipelines and geographic reach are being extended through strategic alliances, mergers, and acquisitions. Furthermore, collaborations with academic institutions and local hospitals facilitate the recruitment of patients and the acceleration of clinical trials. In an increasingly complex healthcare environment. These global neurodegenerative disease market strategies are helping companies to improve treatment efficacy, solidify their position, and achieve long-term growth. 'Biogen Inc.', 'Eli Lilly and Company', 'Alpha Cognition', 'NeuroSense Therapeutics', 'Roche Holding AG', 'Novartis AG', 'Pfizer Inc.', 'AstraZeneca plc', 'Bristol-Myers Squibb', 'Merck & Co., Inc.', 'AbbVie Inc.', 'Amgen Inc.', 'Sanofi S.A.', 'Takeda Pharmaceutical Company Limited', 'Teva Pharmaceutical Industries Ltd.'
Early and precise diagnosis of neurodegenerative diseases is now possible thanks to innovations like PET scans, biomarker-based blood tests and AI-enabled neuroimaging. With better patient management and treatment, results are made possible by early detection. The market is expanding, overall, across the diagnostic, therapeutic and monitoring segments because of these developments which are also, stimulating more clinical trials and research expenses.
Emergence of Diagnostics Driven by AI: Early detection is being revolutionized by the incorporation of artificial intelligence (AI), into neurodiagnostic. These days AI algorithms examine patient histories, blood biomarkers and brain scans to identify diseases like Alzheimer before symptoms appear. This development is speeding up diagnosis times, increasing clinical accuracy and improving market analysis. As a result, the key trend driving the neurodegenerative diseases market is the rapid adoption of AI tools by healthcare providers.
Why Does North America Lead the Neurodegenerative Disease Market?As per the 2024 neurodegenerative disease market regional forecast, North America led the market with over 40% share, driven by advanced healthcare infrastructure, high awareness, strong diagnostic capabilities and government support. With large pharmaceutical and biotech companies making significant investments in treatments for Alzheimer's, Parkinson's and ALS, North America is a centre for neurodegenerative research and innovation. With rising insurance coverage and early screening programmes Biogen's increased distribution of Leqembi for Alzheimer's in the US and Canada in 2025 further cemented North America's dominance.
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