Discover trends, market shifts, and competitive outlooks for the brain imaging modalities industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Fast Is The Brain Imaging Modalities Market Expected to Grow Between 2025 And 2029?

There has been significant growth in the brain imaging modalities market in recent years. The market size is set to increase from $13.07 billion in 2024 to $13.9 billion in 2025, at a compound annual growth rate (CAGR) of 6.3%. The ascent in the historical period can be credited to factors such as an increase in neurological disorders, an enhanced volume of brain imaging modalities and a rise in traffic accidents. These factors contribute to growth of the market, generating a revenue increase in the brain imaging market and promoting the increased application of brain monitoring in clinical trials.

The market size for brain imaging modalities is projected to experience robust growth in the coming years, reaching $17.54 billion by 2029 with a CAGR of 6.0%. This predicted growth during the forecast period is attributed to factors such as increased awareness of neurological disorders, heightened demand for ventilators as well as non-invasive and minimally invasive devices, and a higher occurrence of traffic accidents, neurological disorders, and traumatic brain injuries (TBI). Notable trends expected during this period include the integration of artificial intelligence (AI), the emergence of portable and wearable imaging devices, the adoption of multi-modal imaging techniques, emphasis on neurodegenerative diseases, and the rise of digitalization and decentralized trials.

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What Are the Core Growth Drivers Propelling the Brain Imaging Modalities Market Forward?

The rising occurrence of neurological conditions is anticipated to fuel the expansion of the brain imaging modality market in the future. These disorders, which impact the nervous system, including the brain, spinal cord, and nerves, can cause issues with movement, sensation, cognition, or behavior. An uptick in these conditions is linked to aging populations, improvements in diagnosis, chronic illnesses, genetic aspects, enhanced diagnostic procedures, environmental shifts, and lifestyle choices. Brain imaging modalities are employed to identify and track these conditions by offering intricate images of the brain’s structure and function, thereby assisting in effective treatment mapping. For instance, the European Brain Council, a non-profit organization in Belgium, reported in April 2022 that 10.5 million individuals in Europe are currently living with dementia, with projections indicating this number could surge to 18.7 million by 2050. As a result, the growing incidence of neurological diseases is spurring the expansion of the brain imaging modality market.

What Segment Types Define the Brain Imaging Modalities Market Structure?

The brain imaging modalitiesmarket covered in this report is segmented –

1) By Product: Devices, Accessories, Usability

2) By Imaging Type: Computed Tomography (CT), Positron Emission Tomography (PET), Magnetic Resonance Imaging (MRI), Single Photon Emission Computed Tomography (SPECT)

3) By Modalities: Stand-Alone Functional Brain Imaging Systems, Portable Functional Brain Imaging Systems

4) By Patient Type: Adults, Pediatrics, Infants

5) By End-User: Hospitals, Diagnostic Centers, Research Institutes

Subsegments:

1) By Devices: Magnetic Resonance Imaging (MRI) Machines, Computed Tomography (CT) Scanners, Positron Emission Tomography (PET) Scanners, Electroencephalography (EEG) Devices, Functional MRI (fMRI) Systems, Single Photon Emission Computed Tomography (SPECT) Scanners

2) By Accessories: Contrast Agents, MRI Coils, EEG Electrodes, Image Processing Software, Patient Monitoring Systems

3) By Usability: Portable Brain Imaging Devices, Stationary Brain Imaging Systems, Point-of-Care Brain Imaging Solutions, Research-Oriented Brain Imaging Equipment

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Which Geographic Areas Hold the Strongest Growth Potential in the Brain Imaging Modalities Market?

North America was the largest region in the brain imaging modalities market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain imaging modalities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which Emerging Trends that Are Influencing the Brain Imaging Modalities Industry Evolution?

Leading businesses in the brain imaging modalities market are concentrating their efforts on the creation of groundbreaking technologies, like neuroimaging technologies, in order to establish themselves as market leaders. These sophisticated medical instruments help produce detailed visualizations of brain activity and architecture. For example, in February 2024, technology firm Koninklijke Philips N.V., based in the Netherlands, joined forces with SyntheticMR, a software enterprise hailing from Sweden, to introduce Smart Quant Neuro 3D. This product offers automated 3D neuroimaging data processing, instant visualisation of different brain compartments, and works with artificial intelligence to enhance diagnostic precision. Aimed at optimizing workflows and decreasing image analysis duration, this innovation provides advantages to both medical practitioners and their patients.

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What Is the Definition of the Brain Imaging Modalities Market?

Brain imaging modalities are techniques used to visualize the brain’s structure, function, and activity, assisting doctors and researchers in diagnosing and understanding brain-related conditions. These methods help identify brain issues, study brain function, and support doctors in treatment planning.

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