The central nervous system biomarkers market size has grown rapidly in recent years. It will grow from $5.01 billion in 2023 to $5.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The increase in the historical period can be attributed to an escalation in concerns related to neurological disorders, a high prevalence of central nervous system illnesses, a growing demand for improved diagnosis and treatment, enhanced healthcare infrastructure, and an increase in the aging population.
The central nervous system biomarkers market size is expected to see strong growth in the next few years. It will grow to $8.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The expansion anticipated in the forecast period can be ascribed to the rising prevalence of neurological disorders, an increasing demand for personalized medicine, a growing geriatric population, a heightened emphasis on early diagnosis, and an escalating demand for non-invasive diagnostic tools. Noteworthy trends expected in the forecast period encompass novel technological advancements, strategic collaborations among biotechnology companies, pharmaceutical entities, and other stakeholders, a surge in research focused on cerebrospinal fluid (CSF) and blood-based biomarkers, and the utilization of AI and machine learning algorithms.
The anticipated increase in neurological illnesses is expected to drive the expansion of the central nervous system biomarker market in the future. Neurological illnesses, also referred to as neurological disorders, encompass a broad spectrum of conditions affecting the brain, spinal cord, and nerves throughout the body. These disorders can result from various factors, including genetic influences, infections, autoimmune responses, degenerative processes, tumors, vascular issues, and traumatic injuries. In the realm of neurological disorders, central nervous system (CNS) biomarkers play a crucial role in clinical diagnosis, determining illness risk or prognosis, assessing disease stage, and monitoring treatment response. They contribute significantly to comprehending these diseases and their treatability. For instance, in April 2023, the Centers for Disease Control and Prevention, a US government agency, reported that Alzheimer's disease affected an estimated 6.7 million Americans aged 65 and older, with projections indicating a tripling of this number to 14 million by 2060. Furthermore, the incidence of the disease is observed to double every five years after the age of 65. Consequently, the surge in neurological illnesses is a key factor propelling the growth of the central nervous system biomarker market.
The projected increase in obesity prevalence is poised to drive the growth of the central nervous system biomarker market. Obesity, a medical condition characterized by an excess of body fat that can adversely affect health, is studied using central nervous system biomarkers to comprehend the neurological mechanisms governing body weight, eating behavior, and the development of effective anti-obesity treatments. For example, as of May 2023, the Government Digital Service, a UK-based government body, estimates that 25.9% of individuals (18 years and older) in England are anticipated to be obese in 2021–2022, representing a 25.2% increase. Hence, the escalating prevalence of obesity is a significant driver for the growth of the central nervous system biomarker market.
A prominent trend gaining traction in the central nervous system biomarker market is the approval of innovative drugs. Leading companies in the market are dedicated to developing groundbreaking drugs and obtaining approvals to enhance their market standing. For example, in January 2022, Denovo Biopharma LLC, a clinical-stage biopharmaceutical company based in the US, disclosed the approval and authorization of its investigational new drug (IND) application for DB104 (liafensine) by the US Food and Drug Administration (FDA) for treating treatment-resistant depression (TRD). This marks the initiation of the first biomarker-guided global CNS clinical trial for TRD. The drug has the potential to identify patients more likely to respond to liafensine, facilitating more personalized treatment decisions. Liafensine, a novel compound, functions by elevating levels of dopamine and norepinephrine in the brain.
Major players in the central nervous system biomarker market are strategically focused on introducing advanced solutions, such as assay kits. An assay kit is a pre-packaged set of reagents and materials utilized for a specific scientific analysis. For instance, in June 2023, Sysmex Corporation, a research and development company based in Japan, launched an Automated Immunoassay System. This assay kit is designed to detect amyloid beta (Aβ) accumulation in the brain, a contributor to Alzheimer's disease, using a small blood sample. The kit measures the ratio of Aβ peptides in the blood through an automated immunoassay system. This facilitates clinicians in identifying Aβ accumulation in the brain with a minimal blood sample, enabling earlier diagnosis and treatment for patients.
In June 2022, Fujirebio Holdings Inc., a biotechnology company based in Japan, acquired ADx NeuroSciences for approximately $43 million (40 million euros). This acquisition aims to broaden Fujirebio Holdings' portfolio of central nervous system biomarkers, leverage ADx NeuroSciences' expertise and technology, and enhance its global presence in the central nervous system biomarker market. ADx NeuroSciences, headquartered in Belgium, is a biomarker-assay company specializing in the development and production of biomarkers for central nervous system (CNS) disorders.
Major companies operating in the central nervous system biomarkers market report are F. Hoffmann-La Roche AG, Novartis AG, Siemens Healthineers, Thermo Fisher Scientific Inc, Abbott Laboratories, Merck KGaA, Eurofins Scientific, Charles River Laboratories International Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Axon Neuroscience SE, Alector Inc., Oryzon Genomics S.A., Abastar Mdx Inc., Banyan Biomarkers Inc., Avacta Group PLC, Geno Technology Inc., Anavex Life Sciences Corp., Alseres Pharmaceuticals Inc., Aposense Ltd., Applied Neurosolutions Inc., C2N Diagnostics, Alzheon Inc., DiaGenic ASA, Abiant Inc., Avid Radiopharmaceuticals Inc. , Acumen Pharmaceuticals Inc. , Cassava Sciences Inc., Denali Therapeutics.
North America was the largest region in the central nervous system biomarkers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the central nervous system biomarkers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the central nervous system biomarkers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of CNS biomarkers include safety biomarkers, efficacy biomarkers, validation biomarkers, and others. Safety biomarkers encompass measurable biological parameters or indicators employed to evaluate the safety of drugs, medical interventions, or environmental exposures. They find application in treating various diseases such as multiple sclerosis, Alzheimer's disease, traumatic brain injury, and more, contributing to drug discovery and development, personalized medicines, disease risk assessment, diagnostics, among other areas. Diverse end-users, such as diagnostic labs, clinics, hospitals, research centers, and others, utilize these biomarkers.
The central nervous system biomarkers market research report is one of a series of new reports that provides central nervous system biomarkers market statistics, including central nervous system biomarkers industry global market size, regional shares, competitors with a central nervous system biomarkers market share, detailed central nervous system biomarkers market segments, market trends and opportunities, and any further data you may need to thrive in the central nervous system biomarkers industry. This central nervous system biomarkers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The central nervous system biomarkers market consists of sales of diagnostic test kits, assay reagents, antibody drugs, and imaging agents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The central nervous system biomarkers market size is expected to see strong growth in the next few years. It will grow to $8.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The expansion anticipated in the forecast period can be ascribed to the rising prevalence of neurological disorders, an increasing demand for personalized medicine, a growing geriatric population, a heightened emphasis on early diagnosis, and an escalating demand for non-invasive diagnostic tools. Noteworthy trends expected in the forecast period encompass novel technological advancements, strategic collaborations among biotechnology companies, pharmaceutical entities, and other stakeholders, a surge in research focused on cerebrospinal fluid (CSF) and blood-based biomarkers, and the utilization of AI and machine learning algorithms.
The anticipated increase in neurological illnesses is expected to drive the expansion of the central nervous system biomarker market in the future. Neurological illnesses, also referred to as neurological disorders, encompass a broad spectrum of conditions affecting the brain, spinal cord, and nerves throughout the body. These disorders can result from various factors, including genetic influences, infections, autoimmune responses, degenerative processes, tumors, vascular issues, and traumatic injuries. In the realm of neurological disorders, central nervous system (CNS) biomarkers play a crucial role in clinical diagnosis, determining illness risk or prognosis, assessing disease stage, and monitoring treatment response. They contribute significantly to comprehending these diseases and their treatability. For instance, in April 2023, the Centers for Disease Control and Prevention, a US government agency, reported that Alzheimer's disease affected an estimated 6.7 million Americans aged 65 and older, with projections indicating a tripling of this number to 14 million by 2060. Furthermore, the incidence of the disease is observed to double every five years after the age of 65. Consequently, the surge in neurological illnesses is a key factor propelling the growth of the central nervous system biomarker market.
The projected increase in obesity prevalence is poised to drive the growth of the central nervous system biomarker market. Obesity, a medical condition characterized by an excess of body fat that can adversely affect health, is studied using central nervous system biomarkers to comprehend the neurological mechanisms governing body weight, eating behavior, and the development of effective anti-obesity treatments. For example, as of May 2023, the Government Digital Service, a UK-based government body, estimates that 25.9% of individuals (18 years and older) in England are anticipated to be obese in 2021–2022, representing a 25.2% increase. Hence, the escalating prevalence of obesity is a significant driver for the growth of the central nervous system biomarker market.
A prominent trend gaining traction in the central nervous system biomarker market is the approval of innovative drugs. Leading companies in the market are dedicated to developing groundbreaking drugs and obtaining approvals to enhance their market standing. For example, in January 2022, Denovo Biopharma LLC, a clinical-stage biopharmaceutical company based in the US, disclosed the approval and authorization of its investigational new drug (IND) application for DB104 (liafensine) by the US Food and Drug Administration (FDA) for treating treatment-resistant depression (TRD). This marks the initiation of the first biomarker-guided global CNS clinical trial for TRD. The drug has the potential to identify patients more likely to respond to liafensine, facilitating more personalized treatment decisions. Liafensine, a novel compound, functions by elevating levels of dopamine and norepinephrine in the brain.
Major players in the central nervous system biomarker market are strategically focused on introducing advanced solutions, such as assay kits. An assay kit is a pre-packaged set of reagents and materials utilized for a specific scientific analysis. For instance, in June 2023, Sysmex Corporation, a research and development company based in Japan, launched an Automated Immunoassay System. This assay kit is designed to detect amyloid beta (Aβ) accumulation in the brain, a contributor to Alzheimer's disease, using a small blood sample. The kit measures the ratio of Aβ peptides in the blood through an automated immunoassay system. This facilitates clinicians in identifying Aβ accumulation in the brain with a minimal blood sample, enabling earlier diagnosis and treatment for patients.
In June 2022, Fujirebio Holdings Inc., a biotechnology company based in Japan, acquired ADx NeuroSciences for approximately $43 million (40 million euros). This acquisition aims to broaden Fujirebio Holdings' portfolio of central nervous system biomarkers, leverage ADx NeuroSciences' expertise and technology, and enhance its global presence in the central nervous system biomarker market. ADx NeuroSciences, headquartered in Belgium, is a biomarker-assay company specializing in the development and production of biomarkers for central nervous system (CNS) disorders.
Major companies operating in the central nervous system biomarkers market report are F. Hoffmann-La Roche AG, Novartis AG, Siemens Healthineers, Thermo Fisher Scientific Inc, Abbott Laboratories, Merck KGaA, Eurofins Scientific, Charles River Laboratories International Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Axon Neuroscience SE, Alector Inc., Oryzon Genomics S.A., Abastar Mdx Inc., Banyan Biomarkers Inc., Avacta Group PLC, Geno Technology Inc., Anavex Life Sciences Corp., Alseres Pharmaceuticals Inc., Aposense Ltd., Applied Neurosolutions Inc., C2N Diagnostics, Alzheon Inc., DiaGenic ASA, Abiant Inc., Avid Radiopharmaceuticals Inc. , Acumen Pharmaceuticals Inc. , Cassava Sciences Inc., Denali Therapeutics.
North America was the largest region in the central nervous system biomarkers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the central nervous system biomarkers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the central nervous system biomarkers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of CNS biomarkers include safety biomarkers, efficacy biomarkers, validation biomarkers, and others. Safety biomarkers encompass measurable biological parameters or indicators employed to evaluate the safety of drugs, medical interventions, or environmental exposures. They find application in treating various diseases such as multiple sclerosis, Alzheimer's disease, traumatic brain injury, and more, contributing to drug discovery and development, personalized medicines, disease risk assessment, diagnostics, among other areas. Diverse end-users, such as diagnostic labs, clinics, hospitals, research centers, and others, utilize these biomarkers.
The central nervous system biomarkers market research report is one of a series of new reports that provides central nervous system biomarkers market statistics, including central nervous system biomarkers industry global market size, regional shares, competitors with a central nervous system biomarkers market share, detailed central nervous system biomarkers market segments, market trends and opportunities, and any further data you may need to thrive in the central nervous system biomarkers industry. This central nervous system biomarkers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The central nervous system biomarkers market consists of sales of diagnostic test kits, assay reagents, antibody drugs, and imaging agents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Central Nervous System Biomarkers Market Characteristics3. Central Nervous System Biomarkers Market Trends and Strategies32. Global Central Nervous System Biomarkers Market Competitive Benchmarking33. Global Central Nervous System Biomarkers Market Competitive Dashboard34. Key Mergers and Acquisitions in the Central Nervous System Biomarkers Market
4. Central Nervous System Biomarkers Market - Macro Economic Scenario
5. Global Central Nervous System Biomarkers Market Size and Growth
6. Central Nervous System Biomarkers Market Segmentation
7. Central Nervous System Biomarkers Market Regional and Country Analysis
8. Asia-Pacific Central Nervous System Biomarkers Market
9. China Central Nervous System Biomarkers Market
10. India Central Nervous System Biomarkers Market
11. Japan Central Nervous System Biomarkers Market
12. Australia Central Nervous System Biomarkers Market
13. Indonesia Central Nervous System Biomarkers Market
14. South Korea Central Nervous System Biomarkers Market
15. Western Europe Central Nervous System Biomarkers Market
16. UK Central Nervous System Biomarkers Market
17. Germany Central Nervous System Biomarkers Market
18. France Central Nervous System Biomarkers Market
19. Italy Central Nervous System Biomarkers Market
20. Spain Central Nervous System Biomarkers Market
21. Eastern Europe Central Nervous System Biomarkers Market
22. Russia Central Nervous System Biomarkers Market
23. North America Central Nervous System Biomarkers Market
24. USA Central Nervous System Biomarkers Market
25. Canada Central Nervous System Biomarkers Market
26. South America Central Nervous System Biomarkers Market
27. Brazil Central Nervous System Biomarkers Market
28. Middle East Central Nervous System Biomarkers Market
29. Africa Central Nervous System Biomarkers Market
30. Central Nervous System Biomarkers Market Competitive Landscape and Company Profiles
31. Central Nervous System Biomarkers Market Other Major and Innovative Companies
35. Central Nervous System Biomarkers Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Central Nervous System Biomarkers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on central nervous system biomarkers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for central nervous system biomarkers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Safety Biomarker; Efficacy Biomarker; Validation Biomarker; Other Types
2) By Disease: Multiple Sclerosis; Alzheimer's Disease; Parkinson's Disease; Traumatic Brain Injury; Other Diseases
3) By Application: Drug Discovery and Development; Personalized Medicines; Disease Risk Assessment; Diagnostics; Other Applications
4) By End-Users: Diagnostic Labs; Clinics; Hospitals; Research Centers; Other End-Users
Key Companies Mentioned: F. Hoffmann-La Roche AG; Novartis AG; Siemens Healthineers; Thermo Fisher Scientific Inc; Abbott Laboratories
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- F. Hoffmann-La Roche AG
- Novartis AG
- Siemens Healthineers
- Thermo Fisher Scientific Inc
- Abbott Laboratories
- Merck KGaA
- Eurofins Scientific
- Charles River Laboratories International Inc.
- PerkinElmer Inc.
- Bio-Rad Laboratories Inc.
- QIAGEN N.V.
- Axon Neuroscience SE
- Alector Inc.
- Oryzon Genomics S.A.
- Abastar Mdx Inc.
- Banyan Biomarkers Inc.
- Avacta Group PLC
- Geno Technology Inc.
- Anavex Life Sciences Corp.
- Alseres Pharmaceuticals Inc.
- Aposense Ltd.
- Applied Neurosolutions Inc.
- C2N Diagnostics
- Alzheon Inc.
- DiaGenic ASA
- Abiant Inc.
- Avid Radiopharmaceuticals Inc.
- Acumen Pharmaceuticals Inc.
- Cassava Sciences Inc.
- Denali Therapeutics.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.55 Billion |
Forecasted Market Value ( USD | $ 8.02 Billion |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |