Emerging Trends to Drive Brain Imaging Modalities Market Growth at 5.9% CAGR Through 2029

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Brain Imaging Modalities Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size for brain imaging modalities has experienced robust growth. It is projected to expand from $13.07 billion in 2024 to $13.9 billion in 2025, representing a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this historical growth include the rise in neurological disorder cases, an increase in the number of brain imaging modalities, a surge in traffic accidents, a growth in revenue within the brain imaging market, and a growing application of brain monitoring in clinical trials.

How Will the Brain Imaging Modalities Market Size Evolve and Grow by 2029?
Expressing noteworthy advancement in the approaching times, the market size of brain imaging modalities is predicted to expand, reaching a sum of $17.54 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.0%. This progression in the projection period is credited to the escalating consciousness regarding neurological disorders, augmented demand for ventilators and for non-invasive to minimally invasive devices, increasing incidents of traffic accidents, and rising prevalence of neurological afflictions and traumatic brain injuries (TBI). Foremost trends for this projection period encompass the integration of artificial intelligence (AI), emergence of portable and wearable imaging devices, adoption of multi-modal imaging methodologies, emphasis on neurodegenerative diseases, and the wave of digitalization and decentralized trials.

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What Drivers Are Propelling the Growth of Brain Imaging Modalities Market Forward?
The upward trend of neurological disorders is anticipated to fuel the expansion of the brain imaging modality market. Neurological disorders encompass medical conditions that impair the nervous system, which includes the brain, spinal cord, and nerves, leading to complications with movement, sensation, cognition or behavior. Multiple factors contribute to the rise of neurological disorders, including an aging population, better diagnostic procedures, chronic diseases, genetics, enhanced diagnostics, changes in the environment, and lifestyle factors. Brain imaging modalities allow for the diagnosis and monitoring of these disorders by offering comprehensive images of the brain's constitution and functionality, facilitating effective treatment plans. For example, data from the European Brain Council, a Belgium-based non-profit organization, in April 2022 indicates that 10.5 million Europeans are living with dementia. Projections suggest that this figure might rise to 18.7 million by 2050. As a result, the mounting prevalence of neurological disorders is stimulating the growth of the brain imaging modality market.

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Which Emerging Trends Are Transforming the Brain Imaging Modalities Market in 2025?
Leading businesses in the brain imaging modalities market are concentrating their efforts on creating cutting-edge technology such as neuroimaging tools to establish a competitive edge. These advanced medical instruments are employed to capture intricate images of the brain's structure and activities. For example, Koninklijke Philips N.V., a technology firm based in the Netherlands, partnered with Sweden's SyntheticMR, a software company, in February 2024. Their combined effort resulted in the launch of Smart Quant Neuro 3D. This product offers automatic 3D quantification of neuroimaging data, real-time visualization of brain structures, and access to artificial intelligence for more accurate diagnostics. This advancement is designed to make workflows more efficient and cut down on the time needed for image analysis, benefitting both healthcare providers and patients.

What Are the Key Segments in the Brain Imaging Modalities Market?
The brain imaging modalitiesmarket covered in this report is segmented -

1) By Product: Devices, Accessories, Usability
2) By Imaging Type: Computed Tomography (CT), Positron Emission Tomography (PET), Magnetic Resonance Imaging (MRI), Single Photon Emission Computed Tomography (SPECT)
3) By Modalities: Stand-Alone Functional Brain Imaging Systems, Portable Functional Brain Imaging Systems
4) By Patient Type: Adults, Pediatrics, Infants
5) By End-User: Hospitals, Diagnostic Centers, Research Institutes

Subsegments:
1) By Devices: Magnetic Resonance Imaging (MRI) Machines, Computed Tomography (CT) Scanners, Positron Emission Tomography (PET) Scanners, Electroencephalography (EEG) Devices, Functional MRI (fMRI) Systems, Single Photon Emission Computed Tomography (SPECT) Scanners
2) By Accessories: Contrast Agents, MRI Coils, EEG Electrodes, Image Processing Software, Patient Monitoring Systems
3) By Usability: Portable Brain Imaging Devices, Stationary Brain Imaging Systems, Point-of-Care Brain Imaging Solutions, Research-Oriented Brain Imaging Equipment

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Who Are the Key Players Shaping the Brain Imaging Modalities Market's Competitive Landscape?
Major companies operating in the brain imaging modalities market are Hitachi Ltd., Siemens AG, Toshiba Corporation, FUJIFILM Corporation, Koninklijke Philips N.V, Stryker Corporation, GE HealthCare Technologies Inc., Hologic Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Shimadzu Corporation, Canon Medical Systems Corporation, Neusoft Corporation, Planmed Oy, Agfa-Gevaert N.V., Carestream Health, Brainlab AG, Esaote SpA, Ziehm Imaging GmbH, EOS imaging, NeuroLogica Corp., Swissray International Inc., Xoran Technologies LLC., Allengers Medical Systems Ltd., Konica Minolta Healthcare Americas Inc., Hi-Tech Medical Imaging

What Geographic Markets Are Powering Growth in the Brain Imaging Modalities Market?
North America was the largest region in the brain imaging modalities market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain imaging modalities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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