Towards Healthcare
Neurology Services Market Surges USD 4.89 Bn at 5.54% CAGR by 2034

Neurology Services Market Research, Trends and Forecast

According to market projections, the neurology services sector is expected to grow from USD 2.85 billion in 2024 to USD 4.89 billion by 2034, reflecting a CAGR of 5.54%. The market is growing due to the rising prevalence of neurological disorders like Alzheimer's and Parkinson's, along with an aging global population. Advancements in diagnostic technology and increased healthcare spending also contribute to the market expansion. North America led the market because of technological advancements.

Category: Healthcare Services Insight Code: 5644 Format: PDF / PPT / Excel

Neurology Services Market Size, Competitive Landscape & Future Outlook

The global neurology services market size is calculated at USD 2.85 billion in 2024, grows to USD 3.01 billion in 2025, and is projected to reach around USD 4.89 billion by 2034. The market is expanding at a CAGR of 5.54% between 2025 and 2034.

Neurology Services Market Size 2024 - 2034

Key Takeaways

  • By 2024, the neurology services market will likely exceed USD 2.85 billion.
  • Valuation is projected to hit USD 4.89 billion by 2034.
  • Estimated to grow at a CAGR of 5.54% starting from 2025 to 2034.
  • North America dominated the neurology services market share in 2024.
  • Asia-Pacific is anticipated to grow at a significant rate in the market during the forecast period.
  • By service type, the therapeutic services segment dominated the market in 2024.
  • By service type, the diagnostic services segment is anticipated to grow at a substantial CAGR during the forecast period.
  • By indication, the multiple sclerosis segment held the major market share.
  • By indication, the Parkinson’s disease segment is expected to grow at the fastest rate in the market during the forecast period.
  • By service provider, the hospitals segment was dominant in the market in 2024.
  • By service provider, the specialty clinics segment is projected to grow at the fastest CAGR in the market during the studied years.

Key Metrics and Overview

Metric Details
Market Size in 2025 USD 3.01 Billion
Projected Market Size in 2034 USD 4.89 Billion
CAGR (2025 - 2034) 5.54%
Leading Region North America
Market Segmentation By Service Type, By Indication, By Service Provider, By Regions
Top Key Players Novartis, LabCorp, Medpace, Abbvie, Charles River Laboratories, Sanofi, Syneous Health, Icon Plc, GlaxoSmithKline, Aurora Healthcare, Biogen, IQVIA

How is the Neurology Services Market Evolving?

Neurology services are a type of medical service that involves the diagnosis, treatment, and management of disorders affecting the nervous system, including the brain, spinal cord, and peripheral nerves, provided by trained neurologists using clinical assessment, imaging, and therapeutic interventions. The market is evolving due to the rising prevalence of neurological disorders, especially among the aging population. Technological advancements such as deep brain stimulation and telemedicine are improving diagnosis and treatment outcomes. Additionally, the integration of digital health tools is expanding access to care and enabling remote monitoring and personalized treatments. These developments, along with growing healthcare investment, are driving market growth.

For Instance,

  • In June 2024, approximately 1 million people in the United States are living with Parkinson’s disease, and this figure is expected to grow to 1.2 million by 2030, according to the Parkinson’s Foundation. On a global scale, the foundation also estimates that Parkinson’s disease affects around 10 million individuals. (Source - Parkinson's Foundation)
  • In July 2024, Mainstay Medical Holdings plc secured regulatory clearance in the European Union, the UK, and Australia for full-body MRI conditional labeling of its ReActiv8 Restorative Neurostimulation system. This approval allows both current and future ReActiv8 users in Europe and Australia, using the standard 45 cm leads, to safely receive full-body 1.5T MRI scans. (Source - Mainstay Medical)
  • In April 2024, GE HealthCare revealed its acquisition of MIM Software, a prominent provider of medical imaging analysis and AI-based solutions. This acquisition is aimed at fast-tracking innovation and enhancing GE HealthCare’s offerings in fields such as urology, radiation oncology, molecular radiotherapy, and diagnostic imaging. By incorporating MIM Software’s strengths in imaging analytics and digital workflows, GE HealthCare plans to improve care delivery and outcomes for patients globally across multiple medical specialties. (Source - GE Healthcare)

How AI is Fueling the Neurology Services Market?

Artificial intelligence is significantly boosting the market by enhancing diagnostic accuracy, enabling early detection of neurological disorders, and personalizing treatment plans. AI-powered tools analyze complex brain imaging, patient data, and patterns more efficiently than traditional methods. Additionally, AI supports remote monitoring and virtual consultations, improving access to care. These advancements not only streamline clinical workflows but also lead to better patient outcomes, making AI a critical driver in the evolution of neurology services.

For Instance,

  • In February 2025, the University Hospitals of Geneva (HUG), the Department of Health and Mobility (DSM) of the Canton of Geneva, and the Wyss Center for Bio and Neuroengineering announced plans to create an AI hub dedicated to healthcare and neuromodulation. Set to open in the latter half of 2025 at Campus Biotech, the 1,000 m² center will focus on advancing the prevention and treatment of neurological and psychiatric conditions through innovative technologies. (Source - HUG)

Market Dynamics

Driver

Rising Prevalence of Neurological Disorders

Diseases such as Alzheimer's, Parkinson's, epilepsy, and multiple sclerosis are becoming increasingly common due to the aging population, lifestyle factors, and improved diagnostic capabilities. These conditions often require specialized long-term medical care, increasing the demand for neurologists, diagnostic services, and advanced treatment facilities. As the number of affected individuals grows, healthcare systems are compelled to enhance and expand neurological services. This trend also encourages greater investment in research, technology, and infrastructure, further supporting the market expansion and development of more effective treatment options.

For Instance,

  • In April 2025, Minister for Health Stephen Donnelly announced €2 million in funding for 2025 to expand neurology services, with a planned increase to €4 million in 2026. The funding will support the recruitment of five consultant neurologists and one clinical support staff member, ensuring full hospital-based neurology coverage. New appointments will be made in hospitals in Kerry, Portlaoise, Wexford, Mayo, and Letterkenny. Recent improvements have also been made at Bantry Hospital. Additionally, funding will support the expansion of HSE Community Neuro-Rehabilitation Teams, with 25 new full-time roles added in 2025. (Source - gov.ie)

Restraint

High-cost Treatment and Limited Access to Specialized Care

High-cost treatment and limited access to specialized care are major restraining factors as they create significant barriers for patients, especially in low- and middle-income regions. Neurological treatment often require expensive diagnostic tools, long term therapies, and highly trained specialists, making them-long term therapies, and highly trained specialists making them unaffordable or inaccessible for many. Limited availability of neurologists and specialized centers in rural or underserved areas further restricts timely diagnosis and care. These challenges reduce patient uptake of services, hinder early intervention, and ultimately slow market growth.

Opportunity

Adoption of Telemedicine

The adoption of telemedicine is a major opportunity for the neurology services market because it helps overcome geographical and resource barriers, allowing patients in remote or underserved areas to access specialized neurological care. Neurological conditions often require timely diagnosis and follow-up, which telemedicine enables through virtual consultations, remote monitoring, and digital health tools. This not only improves patient outcomes and convenience but also reduces the burden on healthcare facilities. As technology advances and acceptance grows, telemedicine can significantly expand the reach and efficiency of neurology services worldwide.

Segmental Insights

The Therapeutic Services Segment Dominated

By service type, the therapeutic services segment dominated the market in 2024, due to growing demand for rehabilitation and non-invasive treatment options. Increasing patient preference for therapies over surgical interventions, coupled with expanding access to outpatient care, is fueling this rise. Moreover, the integration of digital therapeutics and tele-neurology services enhances treatment reach and efficiency, making therapeutic services a more accessible and sustainable option for managing neurological conditions long-term.

For Instance,

  • According to a June 2024 article by Mass General Brigham Incorporated, deep brain stimulation (DBS) has emerged as a promising approach for controlling the symptoms associated with Parkinson’s disease (PD). (Source - Mass General Brigham)

The Diagnostic Services Segment: Substantial CAGR

By service type, the diagnostic services segment is anticipated to grow at a substantial CAGR during the forecast period, due to the increasing prevalence of neurological disorders and the growing need for early and accurate diagnosis. Advancements in imaging technologies, such as MRI< CT scans, and PET scans, enhance the precision of neurological assessments. Additionally, rising awareness, improved access to healthcare, and integration of AI in diagnostic tools are further accelerating demand for the neurology services market.

The Multiple Sclerosis Segment Major Share

By indication, the multiple sclerosis segment held the major market share, due to its rising global prevalence and the chronic, progressive nature of the disease, which requires continuous medical attention and long-term care. Increased awareness, early diagnosis, and advancement in disease-modifying therapies have driven demand for specialized neurology services. Additionally, ongoing research and the introduction of novel treatments have improved patient outcomes, further expanding the market growth.

The Parkinson’s Disease Segment: Fastest Growing

By indication, the Parkinson’s disease segment is expected to grow at the fastest rate in the market during the forecast period, due to the increasing aging population, which is the most affected demographic. Advanced treatment options such as deep brain stimulation (DBS) and improved pharmacological therapies are enhancing patient outcomes and driving service demand. Additionally, growing awareness, early diagnosis, and expanding access to specialized neurological care contribute to the rapid growth of the neurology services market.

The Hospitals Segment Dominated

By service provider, the hospitals segment was dominant in the market in 2024 due to its comprehensive care capabilities, including diagnosis, treatment, and rehabilitation. Hospitals are equipped with advanced technologies like MRI and ECG machines, enabling accurate and efficient neurological care. The presence of multidisciplinary teams ensures holistic treatment, while the rising prevalence of neurological disorders such as stroke and Alzheimer’s further boosts market demand.

The Specialty Clinics Segment Fastest CAGR

By service provider, the specialty clinics segment is projected to grow at the fastest CAGR in the market during the studied years, due to its focus on providing targeted, efficient care for specific neurological conditions. These clinics offer shorter wait times, personalized treatment plans, and access to specialists, which enhance patient satisfaction. Additionally, advancements in outpatient care, lower treatment costs compared to hospitals, and the growing demand for minimally invasive procedures are driving more patients towards specialty clinics during the forecast period.

How is North America Powering the Neurology Services Market?

North America dominated the neurology services market in 2024. The region's advanced healthcare infrastructure and widespread adoption of cutting-edge diagnostic technologies, such as neuroimaging and neurostimulation devices, have significantly enhanced the diagnosis and treatment of neurological disorders.  Additionally, the high prevalence of conditions like Alzheimer's disease, Parkinson's disease, and stroke, particularly among the aging population, has increased the demand for specialized neurology services.  Furthermore, substantial investments in research and development, along with a strong presence of leading medical device manufacturers, have contributed to the region's market leadership.

The U.S. Neurology Services Market Trends

An aging population has led to a higher prevalence of neurological disorders such as Alzheimer's and Parkinson's disease.  Advancements in diagnostic technologies and therapeutic interventions have improved patient outcomes, increasing demand for specialized services.  Additionally, substantial investments in healthcare infrastructure and a strong presence of leading medical institutions contribute to the market's expansion.  These elements collectively position the U.S. as a leader in neurology services growth.

For Instance,

  • In June 2024, the Alzheimer's Association stated that approximately 7 million people in the U.S. are living with Alzheimer's disease, with this figure expected to increase to nearly 13 million by the year 2050. (Source - Alzheimer's & Dementia)

The Canadian Neurology Services Market Trends

The Canadian market is growing due to improved access to specialized outpatient clinics and the adoption of tele-neurology, especially in rural and underserved areas. Increased government support for neurological research and public health initiatives has enhanced early diagnosis and intervention. Additionally, a growing focus on mental health and neurodegenerative conditions has driven demand for comprehensive neurological care across the country.

How is Asia-Pacific approaching the Services Neurology Market in 2024?

Asia-Pacific is expected to grow at a significant CAGR in the neurology services market due to a rising burden of neurological disorders driven by aging populations and lifestyle changes. Rapid improvements in healthcare infrastructure, especially in countries like India and China, are expanding access to specialized care. Increased government investments, the adoption of advanced diagnostic technologies, and the growing popularity of medical tourism further support this growth. These factors collectively make Asia-Pacific a key emerging region in neurology services during the forecast period.

The China Neurology Services Market Trends

An aging population and lifestyle changes have led to a rise in neurological disorders, increasing demand for specialized care.  Significant investments in neuroscience equipment by private entities and advancements in medical technology have enhanced diagnostic and treatment capabilities.  Additionally, the growth of research and development in neurotherapies is contributing to the market's expansion.   These elements collectively drive the robust growth of China's neurology services sector.

The India Neurology Services Market Trends

India’s market is growing due to the rise of specialized neuro-care centers and increased private sector participation in healthcare delivery. The growth of medical education and training in neurology is also creating a larger pool of skilled professionals. Moreover, public awareness campaigns and early screening programs are improving patient engagement. These developments, combined with affordable treatment options, are making neurology services more accessible and in demand across the country.

How is Europe Accelerating the Neurology Services Market?

Europe is expected to see significant growth in the market due to increasing investments in innovative treatments and a strong focus on research. Improved healthcare infrastructure and growing awareness about neurological disorders are driving demand for specialized services. Additionally, supportive government policies and the rising prevalence of neurodegenerative diseases are encouraging the development of advanced therapies, making Europe a key region for neurology services during the forecast period.

For Instance,

  • The European Brain Council reported that in 2025, about 7 million individuals in Europe will be affected by Alzheimer's disease, the leading type of dementia. This underscores the widespread impact of dementia across the region. Due to the fast-growing elderly population, this number is expected to double, reaching 14 million by 2030. (Source - European Brain Council)

The UK Neurology Services Market Trends

The UK market is expanding due to several key factors.  The country's robust research infrastructure, exemplified by institutions like the UCL Queen Square Institute of Neurology, fosters innovation in neurological care.  Additionally, the integration of digital health solutions, including AI-driven diagnostics and telemedicine, enhances accessibility and efficiency in treatment.  Government initiatives and increased healthcare investments further support the development and adoption of advanced neurology services, contributing to market growth.

For Instance,

  • According to NHS England, by June 30, 2024, there were 487,432 patients diagnosed with dementia, marking an increase of 3,155 cases since May 31, 2024. The diagnosis rate for dementia among people aged 65 and older reached 65.0% by the end of June, showing a slight rise from 64.8% recorded at the end of May 2024. (Source - NHS England)

The German Neurology Services Market Trends

The country is experiencing a rise in neurological disorders, including Alzheimer's, Parkinson's, and epilepsy, leading to increased demand for specialized care.  Technological advancements, such as the integration of artificial intelligence and robotics in diagnostics and treatment, are enhancing the precision and efficiency of neurological services.  Additionally, Germany's strong healthcare infrastructure and favorable reimbursement policies support the growth of this sector. 

Top Companies in the Neurology Services Market

Neurology Services Market Companies

Latest Announcement by Industry Leaders

In July 2024, the WHO just put out a new toolkit to help countries follow the Intersectoral Global Action Plan on epilepsy and neurological disorders by 2031. Neurological conditions cause a lot of disability worldwide, but many people, especially in poorer countries, don’t get the care they need and often face discrimination. Dévora Kestel, WHO’s mental health director, said making IGAP work will take a team effort from everyone involved. (Source - World Health Orgnization)

Recent Developments in the Neurology Services Market

  • In February 2025, Medtronic gained approval from the U.S. FDA for the world’s first Adaptive Deep Brain Stimulation (DBS) system designed for people with Parkinson’s disease. This innovative system adjusts stimulation in real time by interpreting brain signals, allowing for a more tailored and responsive treatment that aligns with each patient's specific needs. (Source - Medtronic)
  • In February 2024, Vinehealth Digital Limited partnered with the National Hospital for Neurology and Neurosurgery (NHNN) to deliver services in the fields of neurology and neurosurgery.

Segments Covered in the Report

By Service Type

  • Diagnostic Services
  • Monitoring Services
  • Therapeutic Services
  • Surgical Services
  • Other

By Indication

  • Alzheimer's Disease
  • Parkinson's Disease
  • Seizure
  • Epilepsy
  • Stroke
  • Multiple Sclerosis
  • Others

By Service Provider

  • Hospitals
  • Specialty Clinics
  • Others

By Regions

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
  • Last Updated: 27 May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

Neurologists treat conditions such as epilepsy, stroke, Parkinson disease, Alzheimer disease, migraines, multiple sclerosis, and neuromuscular disorders.

Common tests include MRI or CT scans, EEG, EMG, lumbar punctures, and blood tests, depending on the condition.

India Brand Equity Foundation, Food and Drug Administration, U.S. Environmental Protection Agency, European Medicines Agency, and National Medical Products Administration.