Increasing Prevalence Of Brain Cancer Drives Growth Of Functional Brain Imaging System Market: A Key Driver Powering Functional Brain Imaging System Market Growth In 2025

The Functional Brain Imaging System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Functional Brain Imaging System Market Size and Its Estimated Growth Rate?
The market size of the functional brain imaging systems has significantly expanded in the past few years. The market, which stood at $4.72 billion in 2024, is expected to grow to $5.08 billion in 2025, representing a compound annual growth rate (CAGR) of 7.6%. This growth during the historic period has been driven by factors such as rising cases of serious health conditions, increasing prevalence of neurological disorders and traumatic brain injuries, escalating occurrence rates of brain cancer, and increasing demand for non-invasive and minimally invasive devices.

In the upcoming years, the functional brain imaging system market is slated to witness robust growth, reaching up to $6.71 billion by 2029. This suggests a compound annual growth rate (CAGR) of 7.2%. Several factors contribute to this anticipated growth, including an uptick in road accidents, the escalating significance of brain imaging, increased dementia cases, heightened consciousness regarding neurodegenerative diseases, a rise in the elderly population, and escalating healTH*Care investments. Noteworthy trends for the period under forecast encompass the inclusion of multi-modal imaging, the evolution of portable EEG devices and sophisticated electrode structures, the use of transcranial electrical stimulation (TES), and the incorporation of artificial intelligence (AI).

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How Are Emerging Segments Shaping the Functional Brain Imaging System Market Landscape?
The functional brain imaging system market covered in this report is segmented -

1) By Type: Functional Magnetic Resonance Imaging (fMRI) Systems, Functional Near Infrared Spectroscopy (fNIRS) Systems, Positron Emission Tomography (PET) System, Others Types
2) By Application: Hospital, Diagnostic imaging center, Other Applications
3) By End-User: Neurology, Psychiatry, Oncology, Cognitive Science

Subsegments:
1) By Functional Magnetic Resonance Imaging (fMRI) Systems: Research-Grade fMRI Systems, Clinical fMRI Systems, High-Field fMRI Systems, Resting-State fMRI Systems
2) By Functional Near Infrared Spectroscopy (fNIRS) Systems: Portable fNIRS Systems, Multi-Channel fNIRS Systems, Wearable fNIRS Devices, Clinical fNIRS Systems
3) By Positron Emission Tomography (PET) Systems: Whole-Body PET Systems, Dedicated Brain PET Systems, PET/CT Hybrid Systems, PET/MRI Hybrid Systems
4) By Other Types: Electroencephalography (EEG) Systems, Magnetoencephalography (MEG) Systems, Diffusion Tensor Imaging (DTI) Systems, Transcranial Magnetic Stimulation (TMS) Systems

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Which Growth Factors Are Influencing Functional Brain Imaging System Market Expansion?
The rising incidence of brain cancer is predicted to stimulate the expansion of the functional brain imaging system market. Brain cancer, characterized by uncontrolled growth of abnormal cells in the brain, can disrupt brain function by forming a tumor. The surge in brain cancer cases can be attributed to factors like an aging demographic, enhanced detection techniques, environmental hazards, and upgraded reporting procedures. Functional brain imaging systems play a crucial role in accurately diagnosing the disease, formulating more secure and effective treatment strategies, and providing continuous observation to boost patient outcomes. For example, Cancer Australia, a governmental cancer management agency, reported in January 2024 that in 2021, brain cancer resulted in 1,552 deaths in Australia (945 males and 607 females) and foresees this number increasing to 1,579 deaths in 2023 (969 males and 610 females). Consequently, the escalating incidence of brain cancer is propelling the growth of the functional brain imaging system market.

Who Are the Dominant Players Across Different Functional Brain Imaging System Market Segments?
Major companies operating in the functional brain imaging system market are Siemens Healthineers AG, General Electric HealTH*Care Technologies Inc., NordicNeuroLab AS, Koninklijke Philips N.V., Shimadzu Corporation, Toshiba International Corporation, Elekta AB, Canon Medical Systems Corporation, Cortech Solutions Inc., Compumedics Ltd., Brain Products GmbH, Aspect Imaging Ltd., ANT Neuro GmbH, BIOPAC Systems Inc., Neuroelectrics Corporation, Twente Medical Systems International(TMSI) B.V., Advanced Brain Monitoring Inc., Gowerlabs Ltd., Artinis Medical Systems B.V., NIRx Medical Technologies LLC

What Are the Latest Developing Trends in the Ambulatory X-Ray Devices Market?
Leading companies in the functional brain imaging system market are making strides to innovate, specifically focusing on technologies such as pulse sequence to improve image resolution, increase diagnostic precision, and shorten scan times. This leads to more effective and time-efficient brain imaging procedures. Pulse sequence technology in these systems involves a series of timed radiofrequency pulses and magnetic field gradients used in an MRI scan to manipulate how the MRI system produces images. In July 2024, Fujifilm Holdings Corporation, a photographic films producer based in Japan, introduced Aperto Lucent, an open 0.4-tesla MRI system. This system includes RADAR motion compensating pulse sequence technology, avoiding the necessity for repeat scans and handling motion artifacts that can make MRI exams difficult. Aperto Lucent uses Fujifilm's well-regarded permanent magnet technology, resulting in easier installation and lower operational costs by reducing the need for extra equipment to maintain the magnetic field.

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Which Geographic Regions Are Expected to Dominate the Functional Brain Imaging System Market in the Coming Years?
North America was the largest region in the functional brain imaging system market in 2024. The regions covered in the functional brain imaging system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Functional Brain Imaging System Market?
2. What is the CAGR expected in the Functional Brain Imaging System Market?
3. What Are the Key Innovations Transforming the Functional Brain Imaging System Industry?
4. Which Region Is Leading the Functional Brain Imaging System Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the functional brain imaging system market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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