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How has the brain imaging modalities market grown over the years?

The brain imaging modalities market has experienced strong growth, expected to increase from $13.07 billion in 2024 to $13.9 billion in 2025 at a CAGR of 6.3%. Historical growth can be attributed to the increasing prevalence of neurological disorders, rising demand for brain imaging procedures, a surge in traffic accidents, growing revenue in the brain imaging sector, and the expanded use of brain monitoring in clinical trials.

What Is the forecasted market size and growth rate for the brain imaging modalities market?

The brain imaging modalities market is projected to experience strong growth, reaching $17.54 billion by 2029 at a CAGR of 6.0%. Factors such as heightened awareness of neurological disorders, increasing demand for ventilators, rising adoption of non-invasive and minimally invasive devices, growing traffic-related injuries, and the prevalence of neurological conditions and TBIs will fuel this growth. Trends shaping the market include AI integration, the development of portable and wearable imaging devices, multimodal imaging techniques, emphasis on neurodegenerative diseases, digitalization, and decentralized trials.

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What are the major factors driving growth in the brain imaging modalities market?

The increasing prevalence of neurological disorders is driving the growth of the brain imaging modality market. Neurological disorders affect the nervous system, leading to movement, sensory, cognitive, or behavioral issues. Their rise is due to aging populations, chronic diseases, genetic factors, improved diagnostics, and environmental changes. Brain imaging modalities help diagnose and monitor these conditions by providing detailed images for effective treatment planning. For example, in April 2022, the European Brain Council reported that 10.5 million people in Europe live with dementia, with projections reaching 18.7 million by 2050. Therefore, the rising prevalence of neurological disorders is fueling the brain imaging modality market.

What key areas define the segmentation of the global brain imaging modalities Market?

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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What are the top market players propelling the growth of the brain imaging modalities industry?

Major companies operating in the brain imaging modalities market are Hitachi Ltd., Siemens AG, Toshiba Corporation, FUJIFILM Corporation, Koninklijke Philips N.V, Stryker Corporation, GE HealthCare Technologies Inc., Hologic Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Shimadzu Corporation, Canon Medical Systems Corporation, Neusoft Corporation, Planmed Oy, Agfa-Gevaert N.V., Carestream Health, Brainlab AG, Esaote SpA, Ziehm Imaging GmbH, EOS imaging, NeuroLogica Corp., Swissray International Inc., Xoran Technologies LLC., Allengers Medical Systems Ltd., Konica Minolta Healthcare Americas Inc., Hi-Tech Medical Imaging

What are the key trends shaping the future of the brain imaging modalities market?

A focus on developing innovative technologies, such as neuroimaging technologies, is a marked trend among major corporations in the brain imaging modalities market, a strategy aimed at outpacing competition. Neuroimaging technologies, representing the pinnacle of medical machinery, capture in-depth images of both the structural and functional aspects of the brain. One such example can be seen in Koninklijke Philips N.V., a company based in the Netherlands known for its technological prowess. In February 2024, they struck a partnership with SyntheticMR, a software company based in Sweden, to unveil Smart Quant Neuro 3D. This product includes automatic 3D quantification of neuroimaging data, visualization of brain structures in real time, and integration with artificial intelligence to aid in sharpening diagnostic accuracy. With this innovation, the goal is to streamline workflow, cut down on the time needed for image analysis, and ultimately provide enhanced services to healthcare providers and patients.

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What regions are dominating the brain imaging modalities market growth?

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.

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