Global Brain And Neuroimaging Devices Market Trends And Strategies Of Major Players In The Brain And Neuroimaging Devices Market 2021-2030

21 Oct, 2021

The brain and neuroimaging devices market consists of sales of brain and neuroimaging devices and related services by businesses that manufacture them. Brain and neuroimaging devices are medical devices used to capture the structure and function of the brain for studying the areas affected by neurological disorders, brain functioning and activity of the brain.

Global Brain And Neuroimaging Devices Market Size And Drivers:

The global brain and neuroimaging devices market is expected to grow from $31.43 billion in 2020 to $32.58 billion in 2021 at a compound annual growth rate (CAGR) of 3.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $41.12 billion in 2025 at a CAGR of 6%. An increase in the incidence of neurological disorders is expected to drive the market.

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Trends In The Global Brain And Neuroimaging Devices Market

Companies and researchers are focusing on developing portable brain scanners that are expected to revolutionize brain imaging by lowering the cost of devices, making it affordable and accessible to all. EMVision Medical Devices and researchers at Queensland University have developed a portable brain scanner technology that enables brain scanning to be performed at almost any location. Researchers at University College London have developed a portable MEG brain scanner that is lightweight, worn like just a helmet but can measure brain activity even as people make natural movements, providing improved imaging opportunities for patients with disorders which cause unprompted body movements, such as epilepsy.

Global Brain And Neuroimaging Devices Market Segments:
The global brain and neuroimaging devices market is further segmented –
By Imaging Type: Functional Magnetic Resonance Imaging (fMRI), Computed Tomography (CT), Positron Emission Tomography (PET), Electroencephalography (EEG), Magneto Encephalography (MEG), Others
By End-User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers
By Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications
By Geography: The global brain and neuroimaging devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Brain And Neuroimaging Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides brain and neuroimaging devices market overviews, analyzes and forecasts market size and growth for the global brain and neuroimaging devices market, brain and neuroimaging devices market share, brain and neuroimaging devices market players, brain and neuroimaging devices market segments and geographies, brain and neuroimaging devices market’s leading competitors’ revenues, profiles and market shares. The brain and neuroimaging devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.