Brain Imaging Devices Market Size to Reach USD 15.8 Billion by 2035 - Driven by Advancements in Neurodiagnostic Technologies | Transparency Market Research

Brain Imaging Devices Market Outlook 2035

The global brain imaging devices market was valued at US$ 6.7 Bn in 2024 and is projected to reach US$ 15.8 Bn by 2035, expanding at a CAGR of 8.2% from 2025 to 2035. Rising prevalence of neurological disorders such as Alzheimer's disease, Parkinson's disease, epilepsy, and brain tumors, coupled with advancements in imaging technologies and diagnostic precision, are driving significant market growth. Growing healthcare investments, an aging global population, and the integration of AI and machine learning into neuroimaging are further fueling industry expansion.

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Market Overview

Brain imaging devices play a crucial role in diagnosing and monitoring neurological and psychiatric disorders by providing detailed visualization of brain structure, metabolism, and function. Technologies such as MRI (Magnetic Resonance Imaging), CT (Computed Tomography), PET (Positron Emission Tomography), EEG (Electroencephalography), and MEG (Magnetoencephalography) are widely used in clinical and research applications.

Recent innovations in functional MRI (fMRI), PET-MRI hybrids, and near-infrared spectroscopy (NIRS) have enhanced imaging sensitivity, enabling early diagnosis and precise treatment planning. Furthermore, AI-assisted image analysis, cloud-based data sharing, and tele-neurology solutions are improving workflow efficiency and diagnostic accuracy across hospitals and research institutions.

Analysts' Viewpoint

The brain imaging devices market is experiencing dynamic transformation driven by rapid technological advancements and the growing need for precise diagnostic tools in psychiatry and neurology. Core modalities such as MRI, PET, and EEG-long established for assessing brain structure and function-are evolving quickly with innovations that enhance imaging accuracy, speed, and data interpretation. These developments are reshaping the landscape of medical imaging, enabling earlier and more reliable detection of neurological and psychiatric conditions.

Analysis of Key Players in the Brain Imaging Devices Market

Leading players in the global brain imaging devices market are actively investing in technological innovation, strategic collaborations, and product diversification to strengthen their competitive edge. Their primary goals include enhancing diagnostic accuracy, improving device efficiency, and expanding their global footprint in an increasingly technology-driven healthcare landscape.

Prominent companies operating in the market include
• GE HealthCare
• Koninklijke Philips N.V.
• Siemens Healthineers
• Medtronic
• Compumedics Limited
• MEGIN
• CTF MEG NEURO INNOVATIONS, INC
• FieldLine Inc
• Cerca Magnetics Limited
• Advanced Brain Monitoring, Inc.
• CANON MEDICAL SYSTEMS CORPORATION
• Cadwell Industries Inc.
• Nihon Kohden Corporation
• NeuroLogica Corp.
• Other Prominent Players

These companies have been comprehensively profiled in the Brain Imaging Devices Market Research Report based on parameters such as company overview, financial performance, product portfolio, business strategies, technological advancements, and recent developments.

Recent Developments in the Brain Imaging Devices Market

• September 2025 - Hyperfine, Inc.: Hyperfine announced that its Optive AI software received both CE Marking and UK Conformity Assessment (UKCA) approval. The company, known for revolutionizing brain imaging with the Swoop system-the first FDA-cleared AI-powered portable MRI for brain imaging-continues to expand its global regulatory footprint and enhance the accessibility of advanced neuroimaging solutions.

• March 2024 - Neurophet: Neurophet showcased its advanced AI-driven brain imaging and analysis technologies at AD/PD 2024, a premier international conference focused on Alzheimer's, Parkinson's, and related neurological disorders. The company's participation underscored its commitment to leveraging artificial intelligence in early detection and monitoring of neurodegenerative diseases.

Together, these developments highlight the industry's shift toward AI integration, portability, and accessibility in brain diagnostics, signaling a transformative phase for the global brain imaging devices market.

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Key Growth Drivers

1. Rising Burden of Neurological Disorders
Increasing cases of dementia, stroke, epilepsy, and brain injuries are driving the need for early detection and continuous monitoring.
2. Advances in Imaging Technology
Integration of fMRI, PET-MRI hybrids, and high-resolution CT technologies is enhancing image clarity and diagnostic precision.
3. Adoption of AI & Machine Learning
AI-powered platforms support automated image interpretation and predictive analytics in neuroimaging.
4. Expanding Research in Brain Mapping & Connectomics
Growing neuroscience and mental health research activities boost equipment demand in academic and research institutions.
5. Government & Institutional Funding
Public and private investments in neuroimaging research and diagnostic infrastructure are accelerating innovation.

Opportunities

• Hybrid Imaging Platforms (PET-MRI, EEG-fMRI)
Combining structural and functional insights for comprehensive neurological assessment.
• Portable & Wearable Brain Imaging Systems
Development of compact devices for bedside or ambulatory use in emergency and remote care.
• AI-driven Diagnostic Assistance
Automated lesion detection, volumetric analysis, and anomaly prediction improving diagnostic outcomes.
• Personalized Medicine & Neuroscience Research
Brain imaging aiding tailored therapies and neurostimulation-based treatments.
• Emerging Markets Expansion
Rising healthcare investments in Asia-Pacific and Latin America present vast untapped potential.

Challenges

• High Equipment & Installation Costs
Advanced imaging systems require significant capital investments and maintenance.
• Shortage of Skilled Radiologists & Technicians
Limited expertise in interpreting complex neuroimaging data poses diagnostic challenges.
• Regulatory Barriers
Strict approval norms for high-end imaging devices can delay commercialization.
• Data Management & Privacy Concerns
Large imaging datasets demand robust storage, security, and compliance infrastructure.
• Limited Accessibility in Developing Regions
Infrastructure and cost constraints restrict the adoption of high-end imaging modalities.

Market Segmentation

By Device Type:
Magnetic Resonance Imaging (MRI) • Computed Tomography (CT) • Positron Emission Tomography (PET) • Electroencephalography (EEG) • Magnetoencephalography (MEG) • Near-Infrared Spectroscopy (NIRS) • Others

By Application:
Traumatic Brain Injury • Epilepsy • Dementia & Alzheimer's Disease • Stroke • Parkinson's Disease • Brain Tumors • Others

By End User:
Hospitals & Clinics • Diagnostic Centers • Research Institutes • Ambulatory Surgical Centers

By Region:
North America • Europe • Asia-Pacific • Middle East & Africa • Latin America

Future Prospectus

By 2035, the Brain Imaging Devices Market will transition toward AI-enhanced, hybrid, and accessible neuroimaging solutions. Expect the rise of wearable scanners, tele-neuroimaging platforms, and cloud-based diagnostic systems that enable real-time patient monitoring and collaboration across global research networks. Asia-Pacific will record the fastest growth due to rising healthcare infrastructure, while North America and Europe will remain innovation hubs in neurodiagnostics and brain research technologies.

What Is in This Report?

• Market size and forecast by region (2024-2035)
• Key growth drivers, challenges, and emerging opportunities
• Segmentation by technology, application, and end user
• Innovations in AI-assisted and hybrid brain imaging
• Competitive landscape with key company profiles and developments
• Reimbursement and regulatory scenario analysis
• SWOT and Porter's Five Forces analysis
• Strategic recommendations for market participants

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Why Buy This Report?

1. Comprehensive Market Insights - Detailed understanding of evolving neuroimaging trends and applications.
2. Innovation Focus - Identify emerging technologies in hybrid and portable imaging systems.
3. Competitive Benchmarking - Assess key players' strategies and product pipelines.
4. Market Entry Strategy - Discover high-growth segments and regional expansion opportunities.
5. AI & Data Integration Roadmap - Leverage insights on automation and cloud-based imaging workflows.
6. Future-readiness - Align business goals with the digital and precision medicine revolution in neuroimaging.

Conclusion

The Brain Imaging Devices Market is advancing rapidly toward AI-integrated, high-resolution, and patient-centric imaging ecosystems. Continuous innovation in multimodal imaging, hybrid platforms, and real-time analytics is transforming the landscape of neurological diagnostics and research. Companies that emphasize accuracy, accessibility, and automation will shape the future of brain imaging by 2035.

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