GITNUX MARKETDATA REPORT 2024

Neurology Industry Statistics

The neurology industry is expected to experience steady growth in the coming years, driven by increasing prevalence of neurological disorders and advancements in treatment options.

Statistic 1

"The global neurology devices market size was valued at USD 21.16 billion in 2018."

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Statistic 2

"The North America Neurological Devices market is predicted to grow at a 7.3% Compound Annual Growth Rate (CAGR) between 2019 and 2024."

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Statistic 3

"The neurology workforce in the United States comprises less than 1% of all physicians."

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Statistic 4

"In 2016, among the top 10 leading pharmaceutical companies worldwide, biogen generated around 94 percent of its revenues from neurology drugs."

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Statistic 5

"Among children and adolescents ages 0-19, neurology-related conditions resulted in nearly 12 million hospital stays & emergency department visits in 2012."

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Statistic 6

"The World Health Organization estimates that neurological disorders, ranging from epilepsy to Alzheimer's illness, affect up to one billion people worldwide."

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Statistic 7

"A 2020 neurologist compensation report registered an average earning of $280,000 per year for U.S. neurologists."

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Statistic 8

"7.7 million new cases of dementia are diagnosed each year, according to Alzheimer's Disease International."

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Statistic 9

"An estimated 6.8 million people in the United States have suffered a stroke."

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Statistic 10

"Hawaii has the highest rate of neurologists per 100,000 people in the USA."

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Statistic 11

"On average, neurology procedures were the most expensive type of hospital stay, at more than $32,000 per stay in the US."

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Statistic 12

"In 2018, approximately 50 million people worldwide had epilepsy, making it one of the most common neurological diseases globally."

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Statistic 13

"The number of epilepsy patients has risen by 30 per cent since 1990 according to a Lancet Study."

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Statistic 14

"Alzheimer's disease and other dementias are projected to cost the U.S. $290 billion in 2019."

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Statistic 15

"By 2040, it's estimated there will need to be at least 3,400 additional neurologists to meet US patient needs."

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Statistic 16

"Approximately one in every six people worldwide suffers from a neurological disorder."

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Statistic 17

"As of 2020, the World Health Organization estimated that migraine affects approximately two in ten women, and one in twenty men."

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Statistic 18

"A study found that one in four Neurologists report burnout due to the increasing demands of the job."

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