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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Neurology Clinical Trials Market Outlook

The global neurology clinical trials market size was valued at USD 5.7 billion in 2024, driven by increasing technological innovations across the globe. The market size is anticipated to grow at a CAGR of 5.7% during the forecast period of 2025-2034 to achieve a value of USD 9.4 billion by 2034.

Neurology Clinical Trials: Introduction

Neurology clinical trials are research studies that assess medical, surgical, or behavioral intervention in people related to diseases and disorders associated with brain or cognitive behavior. These trials are among the primary approaches that are used by the researchers to determine if a new treatment or prevention, such as a new drug, diet, or medical device, is safe to use and effective in people. A neurology clinical trial is mostly designed to learn if a new treatment is more effective or has fewer harmful side effects than existing treatments associated with it.

Neurology diseases are becoming more common around the world, with conditions such as epilepsy, Alzheimer's and other forms of dementia, strokes, migraines, multiple sclerosis, Parkinson's disease, neurological infections, brain tumors, or any other issue in nervous system. As a result, there has been a rise in the number of clinical trials being conducted to find treatments for these conditions, emphasizing the importance of addressing these diseases as soon as possible.

Global Neurology Clinical Trials Market Analysis

The market has been witnessing significant growth due to the increasing number of neurology clinical trials. For example, a new groundbreaking trial has been conducted at the UCL (University College London) and UCLH (University College London Hospitals). This trial is one of its kind and has found a new genetic therapy for Alzheimer’s disease that assists patients in recovering from the disease by lowering the levels of the harmful protein responsible for it, known as the Tau Protein. Such clinical trials are expected to further escalate the neurology clinical trials market growth as the demand for new therapeutic approaches and personalized treatments is continuously on the rise.

Moreover, the market growth is driven by the continuous expansion of decentralized trial models. Decentralized trials are remote trials that provide added flexibility and patient-centered study designs facilitating the collection of data from patients remotely in real-time. Participation in clinical trials with the use of advanced technologies like telemedicine, remote monitoring, and electronic consent has become easier for patients without needing to visit the trial site physically.

Global Neurology Clinical Trials Market Segmentations

Market Breakup by Type

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

Market Breakup by Indications

  • Epilepsy
  • Stroke
  • Alzheimer's Disease (AD)
  • Parkinson's Disease (PD)
  • Others

Market Breakup by Study Design

  • Interventional
  • Observational
  • Expanded Access

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Neurology Clinical Trials Market Overview

Neurological diseases are among the most common causes of the rising mortality rate in the geriatric population. Most people with dementia are diagnosed with one or more chronic health conditions in their lifetime. The major reason for this is the increasing number of neurological diseases, such as dementia, stroke, and peripheral neuropathy. The market growth is driven by the growing research and development investments in neurological research activities. Rising government funding for neurological research is also anticipated to contribute to the neurology clinical trials market growth. Major pharmaceutical companies are focusing on conducting clinical trials in neurology to find and improve new treatment approaches for neurological disorders and diseases resulting in patient outcomes. The market is simultaneously driven by the increasing prevalence of various neurological diseases.

North America has been dominating the global market owing to the rising prevalence of neurological disorders and the presence of major market players in clinical trials. The market growth is also driven by the increasing number of geriatric patients with dementia exemplified by the estimate that nearly 8.4 million people in the region aged 65 and older are expected to be suffering from Alzheimer's disease or another dementia by 2030.

Global Neurology Clinical Trials Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

  • Supernus Pharmaceuticals, Inc.
  • AstraZeneca
  • Aurobindo Pharma
  • Eisai Co., Ltd.
  • Eli Lilly and Company
  • Aurora Health Care
  • AbbVie Inc.
  • Zydus Group
  • Athira Pharma, Inc.
  • Annovis Bio

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Indications
  • Study Design
  • Region
Breakup by Type
  • Phase I
  • Phase II
  • Phase III
  • Phase IV
Breakup by Indications
  • Epilepsy
  • Stroke
  • Alzheimer's Disease (AD)
  • Parkinson's Disease (PD)
  • Others
Breakup by Study Design
  • Interventional
  • Observational
  • Expanded Acces
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Supernus Pharmaceuticals, Inc.
  • AstraZeneca
  • Aurobindo Pharma
  • Eisai Co., Ltd.
  • Eli Lilly and Company
  • Aurora Health Care
  • AbbVie Inc.
  • Zydus Group
  • Athira Pharma, Inc.
  • Annovis Bio

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market attained a value of about USD 5.7 billion in 2024, driven by the increasing number of neurological diseases.

The market is anticipated to grow at a CAGR of 5.7% during the forecast period of 2025-2034 and is likely to reach a market value of USD 9.4 billion by 2034.

The growth of the market is primarily driven by the rising prevalence of neurological diseases and disorders like epilepsy and dementia. Other factors aiding the market growth include the rising healthcare sector and the rising demand for improved treatments.

The increasing investments in research and development activities related to neurological diseases is a major trend influencing the market growth.

The major regional markets include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.

Different types in the market include Phase I, Phase II, Phase III, and Phase IV.

Various indications include epilepsy, stroke, Alzheimer’s disease (AD), and Parkinson’s disease (PD), among others.

Various study designs include interventional, observational, and expanded access.

Key players involved in the market are Supernus Pharmaceuticals, Inc., AstraZeneca, Aurobindo Pharma, Eisai Co., Ltd., Eli Lilly and Company, Aurora Health Care, AbbVie Inc., Zydus Group, Athira Pharma, Inc., and Annovis Bio.

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