Brain And Neuroimaging Devices Market Trends, Drivers, and Regional Analysis 2025–2029
Uncover key drivers, emerging technologies, and competitive movements shaping the brain and neuroimaging devices market from 2025–2034 with trusted insights from The Business Research Company
How Is The Brain And Neuroimaging Devices Market Size Expected To Expand Over 2029-2034?
The market for brain and neuroimaging devices has experienced substantial growth in recent years. This sector is anticipated to increase from $41.76 billion in 2024 to $44.1 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. Key contributors to its historical expansion include the diagnosis and treatment of neurological disorders, an aging population, ongoing brain mapping and connectivity research, and the development of emerging markets.
The market size for brain and neuroimaging devices is projected to experience robust expansion over the coming years. By 2029, this market is anticipated to reach $55.72 billion, expanding at a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this growth during the forecast period include regulatory backing, advancements in personalized medicine, the development of targeted therapies, and the increasing adoption of value-based healthcare models. Key trends defining this period are high-resolution imaging, multimodal imaging techniques, the emergence of wearable neuroimaging solutions, and developments in connectivity and functional imaging.
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Which Market Factors Are Fueling The Brain And Neuroimaging Devices Industry Growth?
The market is anticipated to be propelled by a rising occurrence of neurological disorders. A report from the European Academy of Neurology indicates that in 2022, 1 in 3 people suffered from a neurological disease, and fatalities resulting from neurological disorders have risen by nearly 40% over the past three decades. Brain and neuroimaging devices play a crucial role in diagnosing neurological disorders, thereby enhancing survival rates and improving disease management. Consequently, this escalating incidence rate is projected to fuel growth in the brain and neuroimaging devices market.
Which Categories Are Covered In The Brain And Neuroimaging Devices Market Segmentation Analysis?
The brain and neuroimaging devicesmarket 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)
What Current And Upcoming Trends Are Shaping The Brain And Neuroimaging Devices Market?
Companies and researchers are concentrating their efforts on developing portable brain scanners, which are poised to revolutionize brain imaging by lowering device costs and making them both affordable and widely accessible. EMVision Medical Devices, in collaboration with researchers at Queensland University, has successfully developed a portable brain scanner technology that allows brain scanning to be performed virtually anywhere. Additionally, researchers at University College London have created a portable MEG brain scanner that is lightweight, worn simply like a helmet, and can measure brain activity even as individuals make natural movements, thereby providing enhanced imaging opportunities for patients with disorders that cause unprompted body movements, such as epilepsy.
Which Organizations Are At The Forefront Of The Brain And Neuroimaging Devices Market?
Major companies operating in the brain and neuroimaging devices market include GE HealthCare, Siemens AG, Koninklijke Philips, Canon Medical Systems Corporation, Hitachi Medical Systems, Medtronic Plc., EB Neuro S.p.A., Neurosoft, MinFound Medical Systems Co. Ltd., Elekta, Varian Medical Systems, Toshiba Corporation, Shimadzu Corporation, Agilent Technologies Inc., Waters Corporation, Bruker Corporation, PerkinElmer Inc., Luminex Corporation, Bio-Rad Laboratories Inc., Carl Zeiss Meditec AG, Fujifilm Holdings Corporation, Hologic Inc., Nihon Kohden Corporation, Natus Medical Incorporated, RIMED Ltd., Advanced Brain Monitoring Inc., Intranerve Neuroscience Holdings LLC., Nuvasive Inc., SpecialtyCare Inc.
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Which Geographic Areas Are Driving Strong Demand For The Brain And Neuroimaging Devices Market?
Western Europe was the largest region in the brain and neuroimaging devices market in 2024. 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.
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