Global Functional Brain Imaging Systems Market: Snapshot

Functional brain imaging systems in collaboration with functional MRI systems have been utilized in understanding human brain. Increasingly the technologies have been used for diagnostic applications—detecting abnormalities in human brain tissues. The functional brain imaging systems market has evolved rapidly on the back of technological advances in functional neurological imaging. Combination of magnetoencephalography and positron emission tomography technologies has expanded the potential of the functional brain imaging systems market. Further, emerging attractive clinical avenues in multimodality imaging techniques underpin the evolution of the market.

Key end users in the functional brain imaging systems market are office-based clinics, hospitals, diagnostic imaging centers, and ambulatory surgical centers. Of these, diagnostic imaging and ambulatory centers are early adopters of state-of-the-art functional brain imaging technology. The demand for personalized treatment will open lucrative avenues in cognitive neurosciences.

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Global Functional Brain Imaging Systems Market: Notable Developments

New functional brain imaging approaches and systems are being utilized in research applications. This is expanding the potential of the functional brain imaging systems market. A key area of focus understands how certain difference in brain networks in health individuals affects emotional health and well-being. In a recent research, the results of which is published in a peer-reviewed journal Psychiatry Research: Neuroimaging, the researchers used functional brain imaging technology to obtain high-quality neuroimaging data. The study concluded that a strong link between two brain networks is associated with feelings of aggression and anger.

The study used two different magnetic resonance imaging (MRI) approaches. One approach looked at how changes in functional MRI signals affect brain activity. The other one gave insight into the anatomical pathways underlying the white matter in the brain. Such research will likely expand the potential of functional brain imaging systems in uncovering the mechanism of our emotions.

A growing number of manufacturers in the functional brain imaging systems market are engaged in developing portable devices to meet patients’ needs. Some of the key players looking for higher stakes in the functional brain imaging systems market are:

  • Hitachi Medical Systems
  • EB Neuro S.p.A.
  • Neurosoft
  • MinFound Medical Systems Co., Ltd
  • Medtronic Plc
  • Koninklijke Philips N.V.

Global Functional Brain Imaging Systems Market: Growth Dynamics

The functional brain imaging systems is benefitting from the adoption of new integrated MRI approaches in developing inexpensive and portable MRI brain scanner. Constant advancements are being made in microelectronics and electronic assembly used. Growing government funding, especially in developed economies, has been stimulating slew of research and development activities in the functional brain imaging systems market.

Growing numbers of National Institutes of Health (NIH)-funded projects in developing technologically advanced, portable functional brain imaging are a case in point.

The growing incidence of neurodegenerative disorders is a key trend bolstering the demands for structural and functional brain imaging. Growing awareness about the brain health in developing economies is also imparting impetus to the demand for functional brain imaging for diagnostics. In addition, world over, lifespan developmental neuroscience has attracted attention of the healthcare industry. All these trends are boosting the functional brain imaging (fMRI) market.

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For instance, functional magnetic resonance imaging show promising potential in a number of neuropsychiatric disorders, most notably schizophrenia investigation. Moreover, in recent years several studies have been done to assess the potential of fMRI in understanding brain health during aging. 

Global Functional Brain Imaging Systems Market: Regional Analysis

Of the various key regions, North America is a potentially lucrative market. The growth to a large part supported by sizable investments in healthcare industry and adoption of state-of-the-art functional imaging technologies. On the other hand, Asia Pacific is a promising regional market. The growth is driven by the rising research and development in neuroscience imaging in its economies.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
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  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.