Functional Brain Imaging System Market 2026–2030: Forecast, Innovation, and Competitive Trends
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What level of growth is expected in the Functional Brain Imaging System Market between 2026 and 2030?
The market for functional brain imaging systems has demonstrated strong growth over recent years. It is projected to expand from $5.08 billion in 2025 to $5.45 billion in 2026, achieving a compound annual growth rate (CAGR) of 7.4%. The historical increase in this market can be attributed to factors such as the limited availability of high-resolution imaging systems, a dependence on traditional imaging techniques, the rising prevalence of neurological disorders, growing academic research in brain function, and the early adoption of fMRI technologies.
The functional brain imaging system market is anticipated to show robust expansion in the coming years. It is projected to achieve a size of $7.17 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.1%. This expansion during the forecast period is driven by advancements in portable and wearable fNIRS devices, the growing integration of AI in brain imaging analysis, the wider availability of hybrid PET/MRI and PET/CT systems, increased funding for cognitive neuroscience research, and the development of hospital and diagnostic imaging infrastructure. Significant trends for the forecast duration include the growing acceptance of functional brain imaging in clinical diagnosis, the incorporation of portable and wearable brain imaging technologies, an increase in research applications for cognitive science, a stronger focus on neurology and psychiatry applications, and the broadening use of hybrid imaging modalities for brain studies.
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Which Drivers Are Expected To Impact The Functional Brain Imaging System Market During The Forecast Period?
The functional brain imaging system market is anticipated to expand due to the rising occurrence of brain cancer. Brain cancer is a medical condition where abnormal cells multiply uncontrollably within the brain, forming tumors that can disrupt normal brain functions. The growing incidence of this disease is linked to factors such as an aging demographic, advancements in detection techniques, various environmental hazards, and improved reporting mechanisms. Functional brain imaging systems are instrumental in boosting diagnostic precision, guiding the formulation of safer and more potent treatment strategies, and enabling continuous patient monitoring to enhance outcomes for individuals suffering from brain cancer. For instance, in 2023, Cancer Australia, a cancer control agency for the Government of Australia, reported that Australia recorded 1,597 deaths attributed to brain cancer, consisting of 956 males and 641 females. Furthermore, it is projected that by 2025, the number of deaths will climb to 1,639, affecting 979 males and 660 females. Thus, the expanding prevalence of brain cancer is significantly propelling the growth of the functional brain imaging system market.
How Is The Functional Brain Imaging System Market Divided Into Segments?
The functional brain imaging system market covered in this report is segmented –
1) By Type: Functional Magnetic Resonance Imaging (fMRI) Systems, Functional Near Infrared Spectroscopy (fNIRS) Systems, Positron Emission Tomography (PET) System, Others Types
2) By Application: Hospital, Diagnostic imaging center, Other Applications
3) By End-User: Neurology, Psychiatry, Oncology, Cognitive Science
Subsegments:
1) By Functional Magnetic Resonance Imaging (fMRI) Systems: Research-Grade Functional Magnetic Resonance Imaging (fMRI) Systems, Clinical Functional Magnetic Resonance Imaging (fMRI) Systems, High-Field Functional Magnetic Resonance Imaging (fMRI) Systems, Resting-State Functional Magnetic Resonance Imaging (fMRI) Systems
2) By Functional Near Infrared Spectroscopy (fNIRS) Systems: Portable Functional Near Infrared Spectroscopy (fNIRS) Systems, Multi-Channel Functional Near Infrared Spectroscopy (fNIRS) Systems, Wearable Functional Near Infrared Spectroscopy (fNIRS) Devices, Clinical Functional Near Infrared Spectroscopy (fNIRS) Systems
3) By Positron Emission Tomography (PET) Systems: Whole-Body Positron Emission Tomography (PET) Systems, Dedicated Brain Positron Emission Tomography (PET) Systems
4) By Other Types: Electroencephalography (EEG) Systems, Magnetoencephalography (MEG) Systems, Diffusion Tensor Imaging (DTI) Systems, Transcranial Magnetic Stimulation (TMS) Systems
What Industry Trends Are Transforming The Functional Brain Imaging System Market?
Leading companies within the functional brain imaging system market are concentrating on creating advanced solutions, including pulse sequence technology, to boost image clarity, refine diagnostic precision, and shorten scan durations, thereby achieving more impactful and streamlined brain imaging processes. Specifically, pulse sequence technology within these systems involves a sequence of precisely timed radiofrequency (RF) pulses and magnetic field gradients utilized during an MRI scan to govern how the MRI system produces images. A notable example is Fujifilm Holdings Corporation, a company based in Japan known for photographic films, which introduced Aperto Lucent, an open 0.4-tesla MRI system, in July 2024. This system features RADAR motion compensating pulse sequence technology, designed to minimize the necessity for repeat scans and lessen motion artifacts, a common difficulty in MRI examinations. Furthermore, the APERTO Lucent employs Fujifilm’s well-regarded permanent magnet technology, which streamlines setup and lowers operational expenses by decreasing the requirement for supplementary equipment to uphold the magnetic field.
Which Key Market Players Are Investing In Expansion And Innovation Within The Functional Brain Imaging System Market?
Major companies operating in the functional brain imaging system market are Siemens Healthineers AG, General Electric HealthCare Technologies Inc., NordicNeuroLab AS, Koninklijke Philips N.V., Shimadzu Corporation, Toshiba International Corporation, Elekta AB, Canon Medical Systems Corporation, Cortech Solutions Inc., Compumedics Ltd., Brain Products GmbH, Aspect Imaging Ltd., ANT Neuro GmbH, BIOPAC Systems Inc., Neuroelectrics Corporation, Twente Medical Systems International(TMSI) B.V., Advanced Brain Monitoring Inc., Gowerlabs Ltd., Artinis Medical Systems B.V., NIRx Medical Technologies LLC
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Which Regions Are Poised For Strategic Growth In The Functional Brain Imaging System Market?
North America was the largest region in the functional brain imaging system market in 2025. The regions covered in the functional brain imaging system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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