Brain And Neuroimaging Devices Market To Reach $37.95 Billion By 2023 Growing at a CAGR of 6.49% | TBRC Reports

The Business Research Company offers "Brain And Neuroimaging Devices Global Market Report 2020-30: COVID 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global brain and neuroimaging devices market is expected to decline from $32.83 billion in 2019 to $31.43 billion in 2020 at a compound annual growth rate (CAGR) of -4.28%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $37.95 billion in 2023 at a CAGR of 6.49%.

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The brain and neuroimaging devices market consists of sales of brain and neuroimaging devices and related services by businesses that manufacture them. Brain and neuroimaging devices are medical devices used to capture the structure and function of the brain for studying the areas affected by neurological disorders, brain functioning and activity of the brain.

The high cost of imaging devices is anticipated to hamper the market for brain and neuroimaging devices. Neurological and cognitive psychology research and design brain-computer interfaces require high-end machines such as Electroencephalography (EEG), Positron Emission Tomography (PET), Functional Magnetic Resonance Imaging (fMRI) among others. These are high-cost devices, for instance, the new 64-slice CT scanners range between $500,000 and $700,000, cost of a PETCT scanner ranges from $225,000 to $750,000, which is not affordable for all hospitals and labs, mainly in developing countries. Thus, the high cost of imaging devices hampers the buying capacity of hospitals and diagnostic labs, hampering the brain and neuroimaging devices market.

Brain And Neuroimaging Devices Market Segmentation: -
By Imaging Type
Functional Magnetic Resonance Imaging (fMRI)
Computed Tomography (CT)
Positron Emission Tomography (PET)
Electroencephalography (EEG)
Magneto Encephalography (MEG)
Others

By End-user
Hospitals
Diagnostic Centres
Ambulatory Surgical Centres

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Few Points From Table Of Content
1. Executive Summary
2. Brain And Neuroimaging Devices Market Characteristics
3. Brain And Neuroimaging Devices Market Size And Growth
4. Brain And Neuroimaging Devices Market Segmentation
5. Brain And Neuroimaging Devices Market Regional And Country Analysis
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25. Brain And Neuroimaging Devices Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Brain And Neuroimaging Devices Market
27. Brain And Neuroimaging Devices Market Trends And Strategies
28. Brain And Neuroimaging Devices Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Brain And Neuroimaging Devices Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Brain And Neuroimaging Devices Market are GE, Siemens, Philips, Canon, Hitachi Medical Systems, Medtronic Plc, EB Neuro S.p.A., Neurosoft, MinFound Medical Systems Co. Ltd, Elekta.

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