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What Growth Rate Can Be Expected in the Brain Imaging Modalities Market from 2024 Through 2033?

The brain imaging modalities market has shown consistent growth, reaching $13.07 billion in 2024 from $12.33 billion in 2023 at a CAGR of 6.0%. The market’s growth is driven by the increasing prevalence of neurological disorders, rising demand for brain imaging technologies, growing traffic-related injuries, and expanding use of brain monitoring in clinical trials.

The brain imaging modalities market is forecasted to grow to $16.56 billion by 2028, at a CAGR of 6.1%. This growth is driven by rising awareness of neurological disorders, increased demand for non-invasive devices, traffic accidents, and traumatic brain injuries (TBI). Trends include AI integration, portable wearable imaging devices, multi-modal approaches, a focus on neurodegenerative diseases, and decentralized trials.

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What Dynamics Are Shaping the Growth of the brain imaging modalities Market?

The increasing prevalence of neurological disorders is expected to boost the brain imaging modality market. Neurological disorders are on the rise due to aging populations, better diagnostics, and chronic conditions. Brain imaging modalities help in diagnosing and monitoring these disorders, leading to more effective treatments. The European Brain Council in April 2022 reported that 10.5 million people in Europe live with dementia, with this number expected to grow significantly by 2050, driving the demand for brain imaging modalities.

What Are the Essential Segments of the Brain Imaging Modalities Market?

1) By Product: Devices, Accessories, Usability

2) By Imaging Type: Computed Tomography (CT1), Positron Emission Tomography (PET1), Magnetic Resonance Imaging (MRI1), Single Photon Emission Computed Tomography (SPECT1)

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

What Are the Defining Trends in the Evolving 86 Market?

Major companies in the brain imaging modalities market are working on developing neuroimaging technologies to stay ahead in the market. Neuroimaging technologies are advanced tools that provide detailed images of the brain’s structure and function. For instance, in February 2024, Koninklijke Philips N.V. partnered with SyntheticMR to introduce Smart Quant Neuro 3D, which uses automated 3D quantification of neuroimaging data and integrates artificial intelligence to improve diagnostic accuracy. This technology enhances real-time visualization of brain structures, streamlines workflows, and reduces the time needed for image analysis, benefiting healthcare providers and patients.

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Which Regions Are Emerging as Leaders in the Brain Imaging Modalities Market?

North America was the largest region in the brain imaging modalities market in 2023. 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.

The Brain Imaging Modalities Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the brain imaging modalities market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Brain Imaging Modalities Market Include

1. Brain Imaging Modalities Market Executive Summary

2. Brain Imaging Modalities Market Segments

3. Brain Imaging Modalities Market Size And Template Market Growth Rate

4. Key Brain Imaging Modalities Market Trends

5. Major Brain Imaging Modalities Market Drivers

……

25. Key Mergers And Acquisitions In The Brain Imaging Modalities Market

26. Top Brain Imaging Modalities Companies

27. Brain Imaging Modalities Market Opportunities And Strategies

28. Brain Imaging Modalities Market, Conclusions And Recommendations

29. Appendix

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