Cognitive Neuroscience Market Revenue to Attain USD 69.37 Bn by 2033


17 Sep 2025

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The global cognitive neuroscience market revenue reached USD 41.44 billion in 2025 and is predicted to attain around USD 69.37 billion by 2033 with a CAGR of 6.65%. The market growth is attributed to the rising prevalence of neurological disorders and increasing investments in cognitive neuroscience research. 

Cognitive Neuroscience Market Revenue Statistics

What are the Key Factors Boosting the Growth of the Cognitive Neuroscience Market?

The market is being driven by a confluence of factors. Neurological and psychiatric disorders such as Alzheimer’s disease, Parkinson’s disease, epilepsy, and depression are on the rise around the world due to aging populations and an evolving lifestyle. This, in turn, is boosting the demand for early diagnosis and monitoring. Additionally, technological advancement such as high-field MRI/fMRI scanners, artificial intelligence (AI) algorithms for image reconstruction, hybrid imaging and portable/wearable neuroimaging, are enhancing resolution, reducing scan times, and ultimately, lowering barriers to fruition. Moreover, expanding applications of cognitive neuroscience in educational practices and training programs is opening up new growth opportunities.

Segment Insights:

  • By technology type, the magnetic resonance imaging (MRI/fMRI) segment dominated the market in 2024 due to its non-invasive nature, spatial resolution, and ability to visualize both brain structure and brain function simultaneously. 
  • By application area, the memory & learning research segment held the largest share of the market in 2024, as this research enables researchers to understand the fundamental cognitive processes to address neurological disorders and improve educational methods.
  • By end-user, the academic & research institutions segment contributed the largest market share in 2024. This is mainly due to their position as the primary supplier of foundational studies, brain mapping, and validating new imaging techniques, and educating and training specialists. They play a central role in driving foundational research and innovation in brain science.
  • By product type, the neuroimaging equipment & systems segment led the cognitive neuroscience market, as these tools are essential for investigating and capturing brain structure/function. They are critical in visualizing and understanding brain structure and function with high precision.
  • By research focus, the basic cognitive research segment held a major share of the market because it forms the foundation for understanding fundamental brain functions such as perception, attention, and memory.
  • By deployment model, the laboratory-based systems segment dominated the market in 2024, as many cognitive neuroscience experiments use high-field imaging in a controlled, precision experimental environment. These controlled environments also provide the precision and specialized equipment necessary for advanced brain research.

Cognitive Neuroscience Market Coverage

Report Attribute Key Statistics
Market Revenue in 2025 USD 41.44 Billion
Market Revenue by 2033 USD 69.37 Billion
CAGR from 2025 to 2033 6.65%
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market North America
Base Year 2024
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Regional Insights

North America maintained dominance in the cognitive neuroscience market, holding the largest share in 2024. This is mainly due to its robust research infrastructure, significant investment in R&D, and extensive neuroscience research centers. The U.S. is a major contributor to the market due to its high adoption rate of high-field MRI/fMRI systems, supportive policies, and the presence of leading medical and research institutions. 

Asia Pacific is expected to register the fastest growth in the coming years, as governments, especially in China, India, Japan, and South Korea, are investing heavily in improving healthcare and research infrastructure. Increasing funding for neuroscience research and the adoption of advanced neuroimaging technologies also support regional market growth. Moreover, the rising prevalence of neurological disorders contributes to market growth.

Recent Development

  • In June 2025, Hyperfine, Inc. won FDA clearance for its latest breakthrough: a new portable MRI scanner powered by proprietary Optive AI™ software. This system offers the highest image quality, functionality, and usability to date, revolutionizing brain imaging for clinicians and patients.  (Source-https://hyperfinemri.com)

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