The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Western Europe held the largest Brain and neuroimaging devices market share.

The global Brain and neuroimaging devices market is expected to grow from $35.49 billion in 2022 to $37.53 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The brain and neuroimaging devices market size is expected to grow from $47.15 billion in 2027 at a CAGR of 5.9%.

Major Driver In The Brain And Neuroimaging Devices Market ­– Increase In The Incidence Of Neurological Disorders
According to European Academy of Neurology research one in every three persons will be affected by a neurological condition in 2022, and the number of deaths from neurological disorders has climbed by about 40% in the last 30 years. Brain and neuroimaging equipment are used to identify neurological illnesses, enhancing survival rates and disease treatment. This rising incidence rate is projected to fuel the market for brain and neuroimaging technologies.

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Key Brain And Neuroimaging Devices Market Segments
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 End-user: Hospitals, Diagnostic Centres, Ambulatory Surgical Centres
3) By Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications

Recent Brain And Neuroimaging Devices Market Trend – Developing Portable Brain Scanners
Companies and researchers are working on portable brain scanners, which are predicted to revolutionise brain imaging by lowering equipment costs and making them affordable and accessible to everybody. EMVision Medical Devices and Queensland University researchers have created a portable brain scanner device that allows brain scanning to be performed practically anywhere. University College London researchers have developed a portable MEG brain scanner that is lightweight, worn like a helmet, and can measure brain activity even as people make natural movements, improving imaging opportunities for patients with disorders that cause unprompted body movements, such as epilepsy.

Brain And Neuroimaging Devices Market Prominent Players
Major players in the Brain and neuroimaging devices market are GE, Siemens, Philips, Canon, Hitachi Medical Systems, Medtronic PLC., EB Neuro S.p.A., Neurosoft, MinFound Medical Systems Co. Ltd., and Elekta.

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The Brain And Neuroimaging Devices Global Market Report 2023  provides a comprehensive overview on the Brain and neuroimaging devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the Brain and neuroimaging devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Brain and neuroimaging devices are medical equipment that are used to record the structure, function, or pharmacology of the brain and to pinpoint areas affected by neurological illnesses.

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