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Brain And Neuroimaging Devices Market Report 2024 Future Strategy, Analysis, Size And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Brain And Neuroimaging Devices Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $48.66 billion In 2028 At A CAGR Of 5.2% :
The brain and neuroimaging devices market size has grown strongly in recent years. It will grow from $37.53 billion in 2023 to $39.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to diagnosis and treatment of neurological disorders, aging population, brain mapping and connectivity research, emerging markets growth.
The brain and neuroimaging devices market size is expected to see strong growth in the next few years. It will grow to $48.66 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to regulatory support, personalized medicine, targeted therapies, value-based healthcare. Major trends in the forecast period include high-resolution imaging, multimodal imaging, wearable neuroimaging, connectivity and functional imaging.
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Brain And Neuroimaging Devices Market Major Segments
The brain and neuroimaging devices market covered in this report is segmented -
1) By Imaging Type: Functional Magnetic Resonance Imaging (fMRI), Computed Tomography (CT), Positron Emission Tomography (PET), Electroencephalography (EEG), Magneto Encephalography (MEG), Other Imaging Types
2) By Application: Parkinson's Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications
3) By End-user: Hospitals, Diagnostic Centres, Ambulatory Surgical Centres
Key Driver - Increase Incidences Of Neurological Disorders In Brain And Neuroimaging Devices Market
An increase in the incidence of neurological disorders is expected to drive the market. According to a report by the European Academy of Neurology, 1 in 3 people in 2022 are affected by a neurological disease and the number of deaths due to neurological disorders increased by almost 40% in the last 30 years. Brain and neuroimaging devices are used to diagnose neurological disorders increasing the survival rate and management of the disease. This increasing incidence rate is expected to drive the brain and neuroimaging devices market.
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Prominent Trend - Technological Advancements In Portable Brain Scanners For Brain And Neuroimaging Devices Market
Companies and researchers are focusing on developing portable brain scanners that are expected to revolutionize brain imaging by lowering the cost of devices, making them affordable and accessible to all. EMVision Medical Devices and researchers at Queensland University have developed a portable brain scanner technology that enables brain scanning to be performed at almost any location. Researchers at University College London have developed a portable MEG brain scanner that is lightweight, worn like just a helmet but can measure brain activity even as people make natural movements, providing improved imaging opportunities for patients with disorders that cause unprompted body movements, such as epilepsy.
Brain And Neuroimaging Devices Market Players
Major companies operating in the brain and neuroimaging devices market include GE HealthCare, Siemens AG, Koninklijke Philips, Canon Medical Systems Corporation, Hitachi Medical Systems, Medtronic Plc., EB Neuro S.p.A., Neurosoft, MinFound Medical Systems Co. Ltd., Elekta, Varian Medical Systems, Toshiba Corporation, Shimadzu Corporation, Agilent Technologies Inc., Waters Corporation, Bruker Corporation, PerkinElmer Inc., Luminex Corporation, Bio-Rad Laboratories Inc., Carl Zeiss Meditec AG, Fujifilm Holdings Corporation, Hologic Inc., Nihon Kohden Corporation, Natus Medical Incorporated, RIMED Ltd., Advanced Brain Monitoring Inc., Intranerve Neuroscience Holdings LLC., Nuvasive Inc., SpecialtyCare Inc.
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Largest And Fastest Growing Region In The Market
Western Europe was the largest region in the brain and neuroimaging devices market in 2023. North America was the second-largest region in the global brain and neuroimaging devices market report. Africa. was the smallest region in the brain and neuroimaging devices market. The regions covered in the brain and neuroimaging devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Brain And Neuroimaging Devices Market Report Structure
3. Brain And Neuroimaging Devices Market Trends And Strategies
4. Brain And Neuroimaging Devices Market - Macro Economic Scenario
5. Brain And Neuroimaging Devices Market Size And Growth
…..
27. Brain And Neuroimaging Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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