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.
- 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.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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