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How Will The Market Value Of The Functional Brain Imaging System Market Progress Between 2026 And 2030?
The functional brain imaging system market has experienced significant growth in recent years. It is projected to expand from $5.08 billion in 2025 to $5.45 billion in 2026, reflecting a compound annual growth rate (CAGR) of 7.4%. The historical expansion of this market can be attributed to factors such as the constrained availability of high-resolution imaging systems, reliance on traditional imaging techniques, the increasing prevalence of neurological disorders, expanding academic research into brain function, and the early implementation of fMRI technologies.
The functional brain imaging system market is projected to experience substantial expansion in the coming years. By 2030, this market is anticipated to reach $7.17 billion, demonstrating a compound annual growth rate (CAGR) of 7.1%. Factors driving this growth include advancements in portable and wearable fNIRS devices, the growing integration of AI in brain imaging analysis, the expansion of hybrid PET/MRI and PET/CT systems, increased funding for cognitive neuroscience research, and an expansion of hospital and diagnostic imaging infrastructure. Key trends during this period are the increasing adoption of functional brain imaging in clinical diagnosis, the integration of portable and wearable brain imaging devices, a rise in research applications for cognitive science, a growing emphasis on neurology and psychiatry applications, and the expansion of hybrid imaging modalities for brain studies.
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Which Primary Drivers Are Impacting The Functional Brain Imaging System Market Growth?
The rising incidence of brain cancer is anticipated to fuel the expansion of the functional brain imaging system market in the coming years. Brain cancer is characterized by the uncontrolled proliferation of anomalous cells within the brain, leading to tumor formation that can impede normal brain function. This heightened prevalence of brain cancer stems from various contributors, including an aging demographic, enhanced detection methodologies, environmental hazards, and more comprehensive reporting. Functional brain imaging systems play a crucial role by improving diagnostic precision, facilitating the development of safer and more efficacious treatment strategies, and offering continuous surveillance to enhance patient outcomes. For instance, in 2023, Cancer Australia, an agency for cancer control under the Government of Australia, reported 1,597 deaths in Australia attributed to brain cancer, with 956 males and 641 females affected; this figure is projected to increase to 1,639 deaths by 2025, impacting 979 males and 660 females. Consequently, the escalating occurrence of brain cancer is a key factor propelling the growth of the functional brain imaging system market.
Which Segment Categories Are Included In The Functional Brain Imaging System Market Segment Analysis?
The functional brain imaging system market covered in this report is segmented –
1) By Type: Functional Magnetic Resonance Imaging (fMRI) Systems, Functional Near Infrared Spectroscopy (fNIRS) Systems, Positron Emission Tomography (PET) System, Others Types
2) By Application: Hospital, Diagnostic imaging center, Other Applications
3) By End-User: Neurology, Psychiatry, Oncology, Cognitive Science
Subsegments:
1) By Functional Magnetic Resonance Imaging (fMRI) Systems: Research-Grade Functional Magnetic Resonance Imaging (fMRI) Systems, Clinical Functional Magnetic Resonance Imaging (fMRI) Systems, High-Field Functional Magnetic Resonance Imaging (fMRI) Systems, Resting-State Functional Magnetic Resonance Imaging (fMRI) Systems
2) By Functional Near Infrared Spectroscopy (fNIRS) Systems: Portable Functional Near Infrared Spectroscopy (fNIRS) Systems, Multi-Channel Functional Near Infrared Spectroscopy (fNIRS) Systems, Wearable Functional Near Infrared Spectroscopy (fNIRS) Devices, Clinical Functional Near Infrared Spectroscopy (fNIRS) Systems
3) By Positron Emission Tomography (PET) Systems: Whole-Body Positron Emission Tomography (PET) Systems, Dedicated Brain Positron Emission Tomography (PET) Systems
4) By Other Types: Electroencephalography (EEG) Systems, Magnetoencephalography (MEG) Systems, Diffusion Tensor Imaging (DTI) Systems, Transcranial Magnetic Stimulation (TMS) Systems
Which Trends Are Shaping Growth In The Functional Brain Imaging System Market?
Leading companies within the functional brain imaging system market are concentrating on creating innovative solutions, including pulse sequence technology, to boost image resolution, elevate diagnostic accuracy, and decrease scan durations, thereby ensuring more effective and efficient brain imaging processes. This pulse sequence technology, integral to functional brain imaging systems, involves applying a sequence of precisely timed radiofrequency (RF) pulses and magnetic field gradients during an MRI examination to govern how the MRI system produces images. An example of this innovation is Fujifilm Holdings Corporation, a Japan-based photographic films producer, which introduced Aperto Lucent, an open 0.4-tesla MRI system, in July 2024. This system features RADAR motion compensating pulse sequence technology, designed to minimize the necessity for rescans and lessen motion artifacts, a common difficulty in MRI examinations. Furthermore, APERTO Lucent leverages Fujifilm’s well-known permanent magnet technology, streamlining installation and cutting down operational expenses by reducing the requirement for supplementary equipment to sustain the magnetic field.
Who Are The Active Companies Shaping The Functional Brain Imaging System Market?
Major companies operating in the functional brain imaging system market are Siemens Healthineers AG, General Electric HealthCare Technologies Inc., NordicNeuroLab AS, Koninklijke Philips N.V., Shimadzu Corporation, Toshiba International Corporation, Elekta AB, Canon Medical Systems Corporation, Cortech Solutions Inc., Compumedics Ltd., Brain Products GmbH, Aspect Imaging Ltd., ANT Neuro GmbH, BIOPAC Systems Inc., Neuroelectrics Corporation, Twente Medical Systems International(TMSI) B.V., Advanced Brain Monitoring Inc., Gowerlabs Ltd., Artinis Medical Systems B.V., NIRx Medical Technologies LLC
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Which Region Leads The Functional Brain Imaging System Market In Terms Of Market Share?
North America was the largest region in the functional brain imaging system market in 2025. The regions covered in the functional brain imaging system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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