Functional Brain Imaging System Market Report 2026

Functional Brain Imaging System Market Overview

• Functional Brain Imaging System market size has reached to $5.08 billion in 2025 • Expected to grow to $7.17 billion in 2030 at a compound annual growth rate (CAGR) of 7.1% • Growth Driver: Increasing Prevalence Of Brain Cancer Drives Growth Of Functional Brain Imaging System Market • Market Trend: Advancements In Pulse Sequence Technology Drive Innovation In Functional Brain Imaging Systems • North America was the largest region in 2025.

What Is Covered Under Functional Brain Imaging System Market?

A functional brain imaging system refers to a suite of technologies and methods used to visualize and measure brain activity, typically by tracking changes in blood flow, oxygenation, or metabolic processes that occur when specific brain regions are active. These systems are used in research and clinical settings to study brain function, understand neural mechanisms underlying various cognitive tasks, and diagnose neurological or psychiatric conditions. The main types of functional brain imaging systems are functional magnetic resonance imaging (fMRI) systems, functional near-infrared spectroscopy (fNIRS) systems, positron emission tomography (pet) systems, and others. Functional magnetic resonance imaging (fMRI) systems are brain imaging systems that use powerful magnets and radio waves to measure brain activity by detecting changes in blood flow. These are used in various applications such as hospitals, diagnostic imaging centers, and others and also by various end-users such as neurology, psychiatry, oncology, and cognitive science.

What Is The Functional Brain Imaging System Market Growth Forecast?

The functional brain imaging system market size is expected to see strong growth in the next few years. It will grow to $7.17 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to advancements in portable and wearable fNIRS devices, increasing integration of ai in brain imaging analysis, expansion of hybrid pet/mri and pet/ct systems, rising funding for cognitive neuroscience research, growth in hospital and diagnostic imaging infrastructure. Major trends in the forecast period include rising adoption of functional brain imaging in clinical diagnosis, integration of portable and wearable brain imaging devices, growth in research applications for cognitive science, increasing focus on neurology and psychiatry applications, expansion of hybrid imaging modalities for brain studies.

Global Functional Brain Imaging System Market Segmentation

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 Is The Driver Of The Functional Brain Imaging System Market?

The increasing prevalence of brain cancer is expected to propel the growth of the functional brain imaging system market going forward. Brain cancer is a disease where abnormal cells in the brain grow uncontrollably, forming a tumor that can interfere with brain function. The prevalence of brain cancer is due to factors such as an aging population, better detection methods, environmental risks, and improved reporting. Functional brain imaging systems enhance the accuracy of diagnosis, guide safer and more effective treatment plans, and provide ongoing monitoring to improve outcomes for brain cancer patients. For instance, in 2023, according to Cancer Australia, a cancer control agency to the Government of Australia, Australia recorded 1,597 deaths due to brain cancer, comprising 956 males and 641 females, by 2025, the number of deaths is projected to rise to 1,639, with 979 males and 660 females affected. Therefore, the increasing prevalence of brain cancer is driving the growth of the functional brain imaging system industry.

Key Players In The Global 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

Global Functional Brain Imaging System Market Trends and Insights

Major companies operating in the functional brain imaging system market are focusing on developing innovative solutions such as pulse sequence technology to enhance image resolution, improve diagnostic accuracy, and reduce scan times, ultimately leading to more effective and efficient brain imaging procedures. Pulse sequence technology in functional brain imaging systems refers to a series of timed radiofrequency (RF) pulses and magnetic field gradients applied during an MRI scan to control the way the MRI system generates images. For instance, in July 2024, Fujifilm Holdings Corporation, a Japan-based company that produces photographic films, launched Aperto Lucent, an open 0.4-tesla MRI system. The system incorporates RADAR motion compensating pulse sequence technology that reduces the need for rescans and mitigates motion artifacts, which can be particularly challenging in MRI exams. The APERTO Lucent utilizes Fujifilm's renowned permanent magnet technology, simplifying installation and reducing operational costs by minimizing the need for additional equipment to maintain the magnetic field.

What Are Latest Mergers And Acquisitions In The Functional Brain Imaging System Market?

In October 2023, MBF Bioscience Inc., a US-based provider of software and hardware solutions for neuroscience research, acquired Neurophotometrics Inc. for an undisclosed amount. With this acquisition, MBF Bioscience, Inc. aims to enhance its technological capabilities in optical imaging and neurophysiology, broadening its offerings for neuroscience researchers. Neurophotometrics Inc. is a US-based provider of functional brain imaging system such as optical imaging hardware and tools for neuroscience applications.

Regional Outlook

North America was the largest region in the functional brain imaging system market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Functional Brain Imaging System Market?

The functional brain imaging system market consists of revenues earned by entities by providing services such as diagnostic services, research services, monitoring services, customized functional mapping, consulting services, training and education, and telemedicine services. The functional brain imaging system market also includes sales of magnetic resonance imaging (MRI) machines, transcranial magnetic stimulation (TMS) devices, contrast agents, software for image analysis, and head coils and caps. 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.

How is Market Value Defined and Measured?

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 are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.