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Neurochemistry is the analysis of the identities, structures and functions of compounds (neurochemicals) produced by the nervous system and modulized by it. Neurochemicals include oxytocin, serotonin, dopamine and other compounds controlling neurotransmitters, and neurotransmitters. Neurochemistry is a pure branch of organic chemistry, which in effect, in the wider sense, is part of chemistry. For recognizing certain neurological and cognitive conditions such as epilepsy and acute encephalopathy, a clear awareness of neurochemistry and the naming scheme of the specific components is useful.
Market Analysis: The global market for brain and neuroimaging devices is predicted to increase at a CAGR of 3.7 percent from $31.429 billion in 2020 to $32.577 billion in 2021. Companies are resuming operations and adapting to the new normal as they recover from the COVID-19 impact, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges. At a CAGR of 6%, the market is estimated to reach $41.122 billion in 2025.
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