Brain Mapping Instruments Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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How has the brain mapping instruments market grown in recent years?
The brain mapping instruments market has experienced strong growth in recent years, expected to rise from $2.27 billion in 2024 to $2.44 billion in 2025 at a CAGR of 7.3%. This growth is attributed to the growing prevalence of neurological disorders, rising demand for real-time brain monitoring, growth in clinical trials, expansion of brain mapping in psychiatry, and the growth of telemedicine.
How is the brain mapping instruments market size expected to evolve during the forecast period?
The brain mapping instruments market is expected to grow significantly, reaching $3.19 billion by 2029 at a CAGR of 6.9%. Growth is driven by the demand for advanced neuroimaging, increased neuroscience research investments, adoption of non-invasive technologies, clinical trials, and brain mapping in education. Trends include technological advancements, virtual reality integration, personalized medicine, non-invasive brain mapping, and cloud computing.
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Which key drivers are propelling the brain mapping instruments market’s growth?
The rising prevalence of neurological disorders is expected to drive the growth of the brain mapping instrument market. Neurological conditions, including Alzheimer’s, Parkinson’s, and epilepsy, are increasing due to aging populations and lifestyle factors. Brain mapping instruments aid in diagnosing and treating these disorders by providing detailed insights into brain activity. The Alzheimer’s Association reported in March 2023 that 6.7 million Americans aged 65 and older were living with Alzheimer’s dementia, with the number expected to rise to 13.8 million by 2060.
What are the market segments in the brain mapping instruments industry?
The brain mapping instruments market covered in this report is segmented –
1) By Product: Computed Axial Tomography (CAT), Positron Emission Tomography, Electroencephalography (EEG), Functional Near-Infrared Spectroscopy (FNIRS), Functional Magnetic Resonance Imaging (FMRI), Other Products
2) By Procedure: Devices For Invasive Procedures, Devices For Non-invasive Procedures
3) By End User: Hospitals, Ambulatory Centers
Subsegments:
1) By Computed Axial Tomography (CAT): Conventional CT Scanners, High-Resolution CT Scanners, Portable CT Scanners
2) By Positron Emission Tomography (PET): PET Scanners (Standalone), Hybrid PET/CT Scanners, PET/MRI Scanners
3) By Electroencephalography (EEG): Digital EEG Systems, Ambulatory EEG Systems, Video EEG Monitoring Systems
4) By Functional Near-Infrared Spectroscopy (FNIRS): Continuous Wave Fnirs Systems, Frequency Domain Fnirs Systems, Hybrid Fnirs Systems
5) By Functional Magnetic Resonance Imaging (FMRI): Resting-State Fmri, Task-Based Fmri, High-Field MRI Systems
6) By Other Products: Magnetoencephalography (MEG) Systems, Near-Infrared Spectroscopy (NIRS) Devices, Transcranial Magnetic Stimulation (TMS) Systems
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Which leading companies are shaping the growth of the brain mapping instruments market?
Major companies operating in the brain mapping instruments market are Siemens Healthineers, GE Healthcare, Ricoh Company Ltd., Philips Healthcare, Bio-Rad Laboratories Inc., Elekta AB, Nihon Kohden Corporation, Brainlab AG, Natus Medical Incorporated, Hitachi Medical Systems, Canon Medical Systems Corporation, Compumedics Limited, Medtronic PLC, Laureate Digital Securities Pvt Ltd., Magstim Company Limited, EB Neuro S.p.A., Brain Products GmbH, Soterix Medical Inc., Rogue Research Inc., NIRx Medical Technologies LLC, Neurosoft, Artinis Medical Systems, Gowerlabs Ltd.
What key trends are currently impacting the brain mapping instruments market’s development?
Companies in the brain mapping instrument market are innovating with brain mapping devices to improve diagnostic accuracy and treatment efficacy for neurological disorders. Brain mapping devices visualize and analyze brain function and structure using techniques like MRI and EEG. In August 2022, IBS Hospital, an India-based institution, launched Quicktome, a brain mapping device combining advanced MRI and EEG with real-time functional imaging for precise brain activity and structure analysis.
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Which geographic areas are influencing the growth of the brain mapping instruments market?
North America was the largest region in the brain mapping instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain mapping instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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