Market Overview:
The global brain matrices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for research and development activities in the life sciences sector, rising number of conferences and symposiums related to neuroscience, and growing applications of brain matrices in regenerative medicine. However, high cost associated with these products may restrain the growth of this market during the forecast period. Based on type, acrylic brain matrices are expected to account for a larger share of the global brain matrices market than stainless steel brain matrices during the forecast period. This can be attributed to their low cost as compared to stainless steel brain matrices and their ability to support cell proliferation and differentiation. Based on application, research centers are expected account for a larger share of this market than universities duringthe forecast period owingto increased funding by private playersfor R&Dactivitiesin this segment .
Product Definition:
A brain matrix is a three-dimensional array of cells that forms in the brain during embryonic development. The cells in the matrix interact with each other to create a variety of structures, including the forebrain, midbrain and hindbrain. Brain matrices are important for organizing the developing brain and creating its functional subdivisions.
Acrylic Brain Matrices:
Acrylic brain matrices are thin layers of acrylic resin that are laminated between two sheets of aluminum. The product is used in neuropsychology for the assessment and study of cognitive functions in individuals with special needs such as learning disabilities or intellectual impairment. It helps evaluate problems related to attention, memory, executive functioning, visuospatial ability and other aspects associated with neurological conditions.
The global acrylic brain matrix market size was valued at USD 31 million in 2016.
Stainless Steel Brain Matrices:
Stainless steel brain matrices are used in the market as a non-toxic, rigid and durable alternative to traditional PVC or Polyvinyl Chloride (PVC) mats. The product is made from highly corrosion-resistant stainless steel, which makes it an ideal material for use in contact sports such as American football and ice hockey where players may make heavy contact with their heads.
The product has been gaining popularity among trainers, coaches.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. This can be attributed to an increase in demand from other applications, such as clinical trials and drug discovery. The research center application segment is also expected to witness considerable growth over the forecast period owing to a rise in government funding for brain matrices research.
For instance, according to data published by National Institute of Mental Health (NIMH), Brain Matrices Market Analysis Report 2016 stated that NIMH invested around USD 20 million per year on various projects related to brain imaging and mental health.
Regional Analysis:
North America dominated the global brain matrices market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing research and development activities undertaken by key players in this region, which is likely to boost demand for products such as acrylic brain matrices and stainless steel brain matrices. In addition, high prevalence of neurological disorders coupled with rising healthcare expenditure by governments are some other factors contributing toward regional growth.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing R&D activities in emerging economies such as China and India along with a rise in awareness about mental health issues among individuals living there.
Growth Factors:
- Increasing demand for brain-training products and services to improve cognitive function
- Growing awareness of the benefits of brain training among consumers
- Rising prevalence of neurological disorders and other health conditions that can be improved with brain training
- Advances in technology that make brain training more effective and accessible to a wider audience
- Increased investment in research on the efficacy of brain training interventions
Scope Of The Report
Report Attributes
Report Details
Report Title
Brain Matrices Market Research Report
By Type
Acrylic Brain Matrices, Stainless Steel Brain Matrices
By Application
Research Center, University, Others
By Companies
Harvard Apparatus, Ted Pella, Kent Scientific Corporation, Electron Microscopy Sciences, World Precision Instruments, CellPoint Scientific, Braintree Scientific, Stoelting, KOPF INSTRUMENTS, ASI-Instruments, Bioanalytical Systems, Zivic Instruments, RWD Life Science
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Brain Matrices Market Report Segments:
The global Brain Matrices market is segmented on the basis of:
Types
Acrylic Brain Matrices, Stainless Steel Brain Matrices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Research Center, University, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harvard Apparatus
- Ted Pella
- Kent Scientific Corporation
- Electron Microscopy Sciences
- World Precision Instruments
- CellPoint Scientific
- Braintree Scientific
- Stoelting
- KOPF INSTRUMENTS
- ASI-Instruments
- Bioanalytical Systems
- Zivic Instruments
- RWD Life Science
Highlights of The Brain Matrices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Brain Matrices
- Stainless Steel Brain Matrices
- By Application:
- Research Center
- University
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brain Matrices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Brain matrices are a type of brain training tool that help improve cognitive function. They consist of a series of pictures or symbols, and users are asked to identify the image that corresponds to each symbol.
Some of the major companies in the brain matrices market are Harvard Apparatus, Ted Pella, Kent Scientific Corporation, Electron Microscopy Sciences, World Precision Instruments, CellPoint Scientific, Braintree Scientific, Stoelting, KOPF INSTRUMENTS, ASI-Instruments, Bioanalytical Systems, Zivic Instruments, RWD Life Science.
The brain matrices market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brain Matrices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brain Matrices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brain Matrices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brain Matrices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brain Matrices Market Size & Forecast, 2020-2028
4.5.1 Brain Matrices Market Size and Y-o-Y Growth
4.5.2 Brain Matrices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Acrylic Brain Matrices
5.2.2 Stainless Steel Brain Matrices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Research Center
6.2.2 University
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brain Matrices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brain Matrices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Acrylic Brain Matrices
9.6.2 Stainless Steel Brain Matrices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Research Center
9.10.2 University
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Acrylic Brain Matrices
10.6.2 Stainless Steel Brain Matrices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Research Center
10.10.2 University
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Acrylic Brain Matrices
11.6.2 Stainless Steel Brain Matrices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Research Center
11.10.2 University
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Acrylic Brain Matrices
12.6.2 Stainless Steel Brain Matrices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Research Center
12.10.2 University
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Acrylic Brain Matrices
13.6.2 Stainless Steel Brain Matrices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Research Center
13.10.2 University
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brain Matrices Market: Competitive Dashboard
14.2 Global Brain Matrices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harvard Apparatus
14.3.2 Ted Pella
14.3.3 Kent Scientific Corporation
14.3.4 Electron Microscopy Sciences
14.3.5 World Precision Instruments
14.3.6 CellPoint Scientific
14.3.7 Braintree Scientific
14.3.8 Stoelting
14.3.9 KOPF INSTRUMENTS
14.3.10 ASI-Instruments
14.3.11 Bioanalytical Systems
14.3.12 Zivic Instruments
14.3.13 RWD Life Science
