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

The Business Research Company’s brain and neuroimaging devices market report forecasts the brain and neuroimaging devices market size to grow to $47.15 Billion by 2027, with a CAGR (compound annual growth rate) of almost 6%.

Learn More On The Brain And Neuroimaging Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/brain-and-neuroimaging-devices-global-market-report

Brain And Neuroimaging Devices Market Size Forecast
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The brain and neuroimaging devices market size is expected to grow from $47.15 billion in 2027 at a CAGR of 5.9%.

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

Key Brain And Neuroimaging Devices Market Driver ­– Increase In The Incidence Of Neurological Disorders
According to a report by the European Academy of Neurology, 1 in 3 people in 2022 are affected by a neurological disease and the number of deaths due to neurological disorders increased by almost 40% in the last 30 years. Brain and neuroimaging devices are used to diagnose neurological disorders increasing the survival rate and management of the disease. This increasing incidence rate is expected to drive the brain and neuroimaging devices market.

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Key Brain And Neuroimaging Devices Market Trend – Developing Portable Brain Scanners
Companies and researchers are focusing on developing portable brain scanners that are expected to revolutionize brain imaging by lowering the cost of devices, making them affordable and accessible to all. EMVision Medical Devices and researchers at Queensland University have developed a portable brain scanner technology that enables brain scanning to be performed at almost any location. Researchers at University College London have developed a portable MEG brain scanner that is lightweight, worn like just a helmet but can measure brain activity even as people make natural movements, providing improved imaging opportunities for patients with disorders that cause unprompted body movements, such as epilepsy.

 Brain And Neuroimaging Devices Market Segment
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

Brain And Neuroimaging Devices Market Major Players and Strategies
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.

The Brain And Neuroimaging Devices Global Market Report 2023 covers regional data on brain and neuroimaging devices market size, brain and neuroimaging devices market trends and drivers, opportunities, strategies, and brain and neuroimaging devices market competitor 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 devices used to capture the structure, function, or pharmacology of the brain and locate areas affected by neurological disorders.

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