Brain And Neuroimaging Devices Market Report 2023

Brain And Neuroimaging Devices Global Market Report 2023 – By Imaging Type (Functional Magnetic Resonance Imaging (fMRI), Computed Tomography (CT), Positron Emission Tomography (PET), Electroencephalography (EEG), Magneto Encephalography (MEG), Other Imaging Types), By End-user (Hospitals, Diagnostic Centres, Ambulatory Surgical Centres), By Application (Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

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Brain and neuroimaging devices are medical devices used to capture the structure, function, or pharmacology of the brain and locate areas affected by neurological disorders.

The main imaging types of brain and neuroimaging devices are functional magnetic resonance imaging (fMRI), computed tomography (CT), positron emission tomography (PET), electroencephalography (EEG), magnetoencephalography (MEG), and others. Positron emission tomography (PET) is a type of imaging technique that measures the metabolic activity of the cells of body tissues using radioactive substances. The various applications of brain and neuroimaging devices are Parkinson's disease, traumatic brain injury, epilepsy, dementia, sleep disorders, and other applications that are used in hospitals, diagnostic centers, and ambulatory surgical centers.

The global brain and neuroimaging devices market is segmented -

1) By Imaging Type: Functional Magnetic Resonance Imaging (fMRI), Computed Tomography (CT), Positron Emission Tomography (PET), Electroencephalography (EEG), Magneto Encephalography (MEG), Other Imaging Types

2) By End-user: Hospitals, Diagnostic Centres, Ambulatory Surgical Centres

3) By Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications

The brain and neuroimaging devices market size will grow from $35.49 billion in 2022 to $37.53 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of brain and neuroimaging devices is expected to grow from $47.15 billion in 2027 at a CAGR of 5.9%.

An increase in the incidence of neurological disorders is expected to drive the market. According to a report by the European Academy of Neurology, 1 in 3 people in 2022 are affected by a neurological disease and the number of deaths due to neurological disorders increased by almost 40% in the last 30 years. Brain and neuroimaging devices are used to diagnose neurological disorders increasing the survival rate and management of the disease. This increasing incidence rate is expected to drive the growth of brain and neuroimaging devices market.

Major players in the brain and neuroimaging devices market are GE, Siemens, Philips, Canon, Hitachi Medical Systems, Medtronic PLC., EB Neuro S.p.A., Neurosoft, MinFound Medical Systems Co. Ltd., and Elekta.

The high cost of imaging devices is anticipated to hamper the market for brain and neuroimaging devices. Neurological and cognitive psychology research and design brain-computer interfaces require high-end machines such as Electroencephalography (EEG), Positron Emission Tomography (PET), Functional Magnetic Resonance Imaging (fMRI) among others. These are high-cost devices, for instance, the new 64-slice CT scanners range between $500,000 and $700,000, cost of a PETCT scanner ranges from $225,000 to $750,000, which is not affordable for all hospitals and labs, mainly in developing countries. Thus, the high cost of imaging devices hampers the buying capacity of hospitals and diagnostic labs, hampering the 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 them 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 that cause unprompted body movements, such as epilepsy.

Western Europe was the largest region in the brain and neuroimaging devices market in 2022. North America was the second largest region in the brain and neuroimaging devices market report. Africa was the smallest region in the brain and neuroimaging devices market. The regions covered in the brain and neuroimaging devices analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the brain and neuroimaging devices market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The brain and neuroimaging devices market consists of sales of imaging equipment for brain and nerves such as functional magnetic resonance imaging, computed tomography, positron emission tomography (pet), electroencephalography, magnetoencephalography, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales along the supply chain or as part of other products.

The brain and neuroimaging devices market research report is one of a series of new reports from The Business Research Company that provides brain and neuroimaging devices market statistics, including brain and neuroimaging devices industry global market size, regional shares, competitors with a brain and neuroimaging devices market share, detailed brain and neuroimaging devices market segments, market trends and opportunities, and any further data you may need to thrive in the brain and neuroimaging devices industry. This brain and neuroimaging devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Brain And Neuroimaging Devices Market Characteristics

    3. Brain And Neuroimaging Devices Market Trends And Strategies

    4. Brain And Neuroimaging Devices Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Brain And Neuroimaging Devices Market

    4.2 Ukraine-Russia War Impact On Brain And Neuroimaging Devices Market

    4.3 Impact Of High Inflation On Brain And Neuroimaging Devices Market

    5. Brain And Neuroimaging Devices Market Size And Growth

    5.1. Global Brain And Neuroimaging Devices Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Brain And Neuroimaging Devices Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Brain And Neuroimaging Devices Market Segmentation

    6.1. Global Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Functional Magnetic Resonance Imaging (fMRI)

    Computed Tomography (CT)

    Positron Emission Tomography (PET)

    Electroencephalography (EEG)

    Magneto Encephalography (MEG)

    Other Imaging Types

    6.2. Global Brain And Neuroimaging Devices Market, Segmentation By End-user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Hospitals

    Diagnostic Centres

    Ambulatory Surgical Centres

    6.3. Global Brain And Neuroimaging Devices Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Parkinson’s Disease

    Traumatic Brain Injury

    Epilepsy

    Dementia

    Sleep Disorders

    Other Applications

    7. Brain And Neuroimaging Devices Market Regional And Country Analysis

    7.1. Global Brain And Neuroimaging Devices Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Brain And Neuroimaging Devices Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Brain And Neuroimaging Devices Market

    8.1. Asia-Pacific Brain And Neuroimaging Devices Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Brain And Neuroimaging Devices Market

    9.1. China Brain And Neuroimaging Devices Market Overview

    9.2. China Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Brain And Neuroimaging Devices Market

    10.1. India Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Brain And Neuroimaging Devices Market

    11.1. Japan Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Brain And Neuroimaging Devices Market

    12.1. Australia Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Brain And Neuroimaging Devices Market

    13.1. Indonesia Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Brain And Neuroimaging Devices Market

    14.1. South Korea Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Brain And Neuroimaging Devices Market

    15.1. Western Europe Brain And Neuroimaging Devices Market Overview

    15.2. Western Europe Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Brain And Neuroimaging Devices Market

    16.1. UK Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Brain And Neuroimaging Devices Market

    17.1. Germany Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Brain And Neuroimaging Devices Market

    18.3. France Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Brain And Neuroimaging Devices Market

    19.1. Eastern Europe Brain And Neuroimaging Devices Market Overview

    19.2. Eastern Europe Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Brain And Neuroimaging Devices Market

    20.1. Russia Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Brain And Neuroimaging Devices Market

    21.1. North America Brain And Neuroimaging Devices Market Overview

    21.2. North America Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Brain And Neuroimaging Devices Market

    22.1. USA Brain And Neuroimaging Devices Market Overview

    22.2. USA Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Brain And Neuroimaging Devices Market

    23.1. South America Brain And Neuroimaging Devices Market Overview

    23.2. South America Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Brain And Neuroimaging Devices Market

    24.1. Brazil Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Brain And Neuroimaging Devices Market

    25.1. Middle East Brain And Neuroimaging Devices Market Overview

    25.2. Middle East Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Brain And Neuroimaging Devices Market

    26.1. Africa Brain And Neuroimaging Devices Market Overview

    26.2. Africa Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Brain And Neuroimaging Devices Market Competitive Landscape And Company Profiles

    27.1. Brain And Neuroimaging Devices Market Competitive Landscape

    27.2. Brain And Neuroimaging Devices Market Company Profiles

    27.2.1. GE

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Siemens

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Philips

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Canon

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Hitachi Medical Systems

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Brain And Neuroimaging Devices Market

    29. Brain And Neuroimaging Devices Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Brain And Neuroimaging Devices Market, Segmentation By End-user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Brain And Neuroimaging Devices Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Brain And Neuroimaging Devices Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Brain And Neuroimaging Devices Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: GE Financial Performance
  • Table 28: Siemens Financial Performance
  • Table 29: Philips Financial Performance
  • Table 30: Canon Financial Performance
  • Table 31: Hitachi Medical Systems Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Brain And Neuroimaging Devices Market, Segmentation By End-user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Brain And Neuroimaging Devices Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Brain And Neuroimaging Devices Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Brain And Neuroimaging Devices Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: GE Financial Performance
  • Figure 28: Siemens Financial Performance
  • Figure 29: Philips Financial Performance
  • Figure 30: Canon Financial Performance
  • Figure 31: Hitachi Medical Systems Financial Performance
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