2025 Brain Mapping Instruments Market Outlook: Key Indicators Shaping Growth Through 2034

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What Will the Brain Mapping Instruments Industry Market Size Be by 2025?
In the past few years, there has been a significant expansion in the market size of brain mapping instruments. It is projected to increase from $2.27 billion in 2024 to $2.44 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. This growth during the historic period is due to factors such as an uptick in cases of neurological disorders, heightened demand for real-time brain monitoring, an increase in clinical trials, advancements of brain mapping in psychiatry, and the proliferation of telemedicine.

What's the Long-Term Growth Forecast for the Brain Mapping Instruments Market Size Through 2029?
In the coming years, substantial expansion is anticipated in the brain mapping instruments market, with projections estimating a rise to $3.19 billion in 2029, with a compound annual growth rate (CAGR) of 6.9%. Future growth can be ascribed to the escalating demand for sophisticated neuroimaging methods, enhanced funding for neuroscience studies, wider adoption of non-invasive brain mapping technologies, an increased volume of clinical trials and growing necessity for brain mapping in the fields of education and cognitive development studies. Key trends predicted in the forecast period encompass technological evolution, incorporation of virtual reality, personalized medicine, non-invasive brain mapping techniques, and cloud technology.

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What Are the Key Growth Drivers Fueling the Brain Mapping Instruments Market Expansion?
The brain mapping instrument market's growth is projected to be fueled by the escalating prevalence of neurological disorders. These disorders, which include conditions such as Alzheimer's, Parkinson's, epilepsy, multiple sclerosis, and stroke, affect the brain, spinal cord, and nerves and can result in movement difficulties, cognitive issues, and sensory problems. This rise in neurological disorders can be attributed to factors such as aging populations, urbanization, lifestyle alterations, enhanced diagnosis abilities, and environmental and infectious hazards. Brain mapping tools play a crucial role in both clinical practice and research by providing richer understanding of neurological disorders and facilitating the development of personalized treatments. For example, the Alzheimer's Association, a non-profit health organization based in the US, reported in March 2023 that it was estimated that 6.7 million Americans aged 65 or over were living with Alzheimer's dementia, a neurological disorder. This figure is anticipated to rise to 13.8 million by 2060. Therefore, the escalating prevalence of neurological disorders is fueling the expansion of the brain mapping instrument market.

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What Are the Key Trends Driving Brain Mapping Instruments Market Growth?
Leading companies in the brain mapping instrument market are striving to develop innovative products like brain mapping devices to improve the precision and effectiveness of diagnoses and treatments for neurological disorders. Brain mapping devices are tools used for visualizing and studying the construction and functionality of the brain employing diverse techniques such as MRI, fMRI, EEG, MEG, and PET. For instance, the IBS Hospital in India, well-known for its specialization in Neurology, introduced Quicktome, the pioneer brain mapping device, in August 2022. This ground-breaking technology blends advanced MRI and EEG facilities with real-time functional imaging, providing unparalleled accuracy in capturing images of the brain's structure and operations. Key features of this technology include high-resolution imaging for meticulous anatomical mapping, concurrent EEG recording for extensive neural activity tracking, and functional MRI for dynamic analysis of brain functionality.

How Is the Brain Mapping Instruments Market Segmented?
The brain mapping instruments market covered in this report is segmented -

1) By Product: Computed Axial Tomography (CAT), Positron Emission Tomography, Electroencephalography (EEG), Functional Near-Infrared Spectroscopy (FNIRS), Functional Magnetic Resonance Imaging (FMRI), Other Products
2) By Procedure: Devices For Invasive Procedures, Devices For Non-invasive Procedures
3) By End User: Hospitals, Ambulatory Centers

Subsegments:
1) By Computed Axial Tomography (CAT): Conventional CT Scanners, High-Resolution CT Scanners, Portable CT Scanners
2) By Positron Emission Tomography (PET): PET Scanners (Standalone), Hybrid PET/CT Scanners, PET/MRI Scanners
3) By Electroencephalography (EEG): Digital EEG Systems, Ambulatory EEG Systems, Video EEG Monitoring Systems
4) By Functional Near-Infrared Spectroscopy (FNIRS): Continuous Wave Fnirs Systems, Frequency Domain Fnirs Systems, Hybrid Fnirs Systems
5) By Functional Magnetic Resonance Imaging (FMRI): Resting-State Fmri, Task-Based Fmri, High-Field MRI Systems
6) By Other Products: Magnetoencephalography (MEG) Systems, Near-Infrared Spectroscopy (NIRS) Devices, Transcranial Magnetic Stimulation (TMS) Systems

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Which Companies Are Leading the Charge in Brain Mapping Instruments Market Innovation?
Major companies operating in the brain mapping instruments market are Siemens Healthineers, GE Healthcare, Ricoh Company Ltd., Philips Healthcare, Bio-Rad Laboratories Inc., Elekta AB, Nihon Kohden Corporation, Brainlab AG, Natus Medical Incorporated, Hitachi Medical Systems, Canon Medical Systems Corporation, Compumedics Limited, Medtronic PLC, Laureate Digital Securities Pvt Ltd., Magstim Company Limited, EB Neuro S.p.A., Brain Products GmbH, Soterix Medical Inc., Rogue Research Inc., NIRx Medical Technologies LLC, Neurosoft, Artinis Medical Systems, Gowerlabs Ltd.

Which Regions Are Leading the Global Brain Mapping Instruments Market in Revenue?
North America was the largest region in the brain mapping instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain mapping instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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