Brain And Neuroimaging Devices Market Outlook 2025: Mapping Growth, Innovation, and Regional Shifts
Discover trends, market shifts, and competitive outlooks for the brain and neuroimaging devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
How Fast Is The Brain And Neuroimaging Devices Market Expected to Grow Between 2025 And 2029?
Recent years have seen a robust growth in the market size for brain and neuroimaging devices. It’s projected to increase from $40.65 billion in 2024 to $43.03 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. This growth in the past period can be ascribed to factors including the diagnosis and treatment of neurological disorders, an aging population, research in brain mapping and connectivity, and the expansion in emerging markets.
The market for brain and neuroimaging devices is projected to witness substantial growth in the coming years, increasing to $54.73 billion in 2029 with a compound annual growth rate (CAGR) of 6.2%. This anticipated growth in the forecast period can be traced back to regulatory support, personalized medication, targeted treatments, and value-based healthcare. Key trends during this forecast period are anticipated to be high-resolution imaging, multimodal imaging, wearable neuroimaging, connectivity and functional imaging.
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What External and Internal Drivers Are Contributing to the Growth of the Brain And Neuroimaging Devices Market?
The market is predicted to be propelled by a rise in neurological disorders. The European Academy of Neurology suggests that, in 2022, neurological diseases will affect a third of the population. Furthermore, neurological disorders have been the cause of a 40% rise in deaths over the past three decades. Brain and neuroimaging devices, employed in the diagnosis of such disorders, improve disease management and survival rates. Thus, the escalating prevalence of these conditions is anticipated to stimulate the brain and neuroimaging devices market.
What Segment Types Define the Brain And Neuroimaging Devices Market Structure?
The brain and neuroimaging devices market covered in this report is segmented –
1) By Imaging Type: Functional Magnetic Resonance Imaging (FMRI), Computed Tomography (CT), Positron Emission Tomography (PET), Electroencephalography (EEG), Magneto Encephalography (MEG), Other Imaging Types
2) By Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications
3) By End-User: Hospitals, Diagnostic Centres, Ambulatory Surgical Centres
Subsegments:
1) By Functional Magnetic Resonance Imaging (FMRI): Resting-State FMRI, Task-Based FMRI, Diffusion Tensor Imaging (DTI) With FMRI
2) By Computed Tomography (CT): X-ray CT, Positron Emission Tomography (PET) Or CT Hybrid Imaging, Multi-Slice CT
3) By Positron Emission Tomography (PET): PET Or CT, PET Or MRI
4) By Electroencephalography (EEG): Conventional EEG, Ambulatory EEG, High-Density EEG
5) By Magnetoencephalography (MEG): Whole-Head MEG, Electromagnetic Source Imaging (ESI) With MEG
6) By Other Imaging Types: Near-Infrared Spectroscopy (NIRS), Transcranial Magnetic Stimulation (TMS), Optical Coherence Tomography (OCT)
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Which Geographic Areas Hold the Strongest Growth Potential in the Brain And Neuroimaging Devices Market?
Western Europe was the largest region in the brain and neuroimaging devices market in 2023. North America was the second-largest region in the global brain and neuroimaging devices market report. Africa. was the smallest region in the brain and neuroimaging devices market. The regions covered in the brain and neuroimaging devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Long-Term Trends Are Transforming the Competitive Landscape of the Brain And Neuroimaging Devices Market?
The development of portable brain scanners is becoming a focal point for both corporate entities and researchers, with the intention of revolutionising the field of brain imaging by reducing device costs, making them accessible and affordable to everyone. EMVision Medical Devices, in collaboration with researchers from Queensland University, have pioneered portable brain scanner technology that can facilitate brain scans virtually anywhere. Similarly, a team from University College London has designed a lightweight, portable MEG brain scanner that functions like a helmet. This scanner can record brain activity even during spontaneous body movements, thereby providing enhanced imaging options for patients dealing with spontaneous movement disorders such as epilepsy.
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What Is the Definition of the Brain And Neuroimaging Devices Market?
Brain and neuroimaging devices are medical devices used to capture the structure, function, or pharmacology of the brain and locate areas affected by neurological disorders. They are used to study cognitive processes and diagnose neurological conditions.
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