Global Functional Brain Imaging Systems Market

 

The global functional brain imaging systems market with CAGR of nearly 5.1% over the forecast period, with estimated market size of USD xx million in 2020 and expected to held xx million by 2027.

Brain imaging is a screening method that helps physicians to analyze the activity and functioning problems of the nervous system, for the treatment of various types of neurodegenerative disorders. Functional brain imaging technologies measure blood flow and metabolism, where results of these tests are often used in conjunction with structural imaging (e.g., MRI or CT). Traditionally, diagnostic imaging was restricted to the visualization of aberrations in morphological structures. The recently adopting brain imaging systems provide imaging in cases like tumors, stroke, and spine lesions, impacting the area of blood vessels and brain, with less exposure to harmful radiations.

The report provides in-depth information regarding the market players, along with their strategies, financials, and developments. This will aid the key players to shift their strategies and navigate their businesses towards the direction of growth.

The functional brain imaging systems market report have detail view about a significant growth prospective with average Y-o-Y growth rate of around 7% during the forecast period.
Global Functional Brain Imaging Systems Market, By Product Type

• Functional MR Imaging (fMRI) Systems
• Functional Near Infrared Spectroscopy (fNIRS) Systems
• Magnetoencephalography (MEG) Systems
• Positron Emission Tomography (PET) System
• Electroencephalography (EEG) System

 

Global Functional Brain Imaging Systems Market

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Functional MRI Imaging Systems share growing segment of the overall global functional brain imaging systems market.

The potential role of functional MRI (fMRI) is to identify the areas of the brain responsible for language, sensory, and motor function (sensorimotor cortex), rather than identifying abnormalities in tissues.

Functional magnetic resonance imaging (fMRI) provides anatomical and functional information about changes in blood flow to particular areas of the brain, which is expected to grow the global functional brain imaging systems market in cases like neurodegenerative disorders Alzheimer's disease and Parkinsonism as well as chronic diseases such as brain cancer. MRI in collaboration with functional brain imaging systems have been utilized in understanding human brain anatomy. The technological advances in medical devices, which offer robust services to patients, suffering from brain tumors & brain-related diseases. These increasing technologies have been used for diagnostic and detection of abnormalities in the human brain & spinal cord nervous systems, which creates global opportunities for market growth.
Global Functional Brain Imaging Systems Market, by End User

• Hospitals
• Diagnostic imaging centers
• Ambulatory surgical centers

Increase in the incidence of life-threatening diseases and brain injuries has led to the increasing usage of diagnostic procedures, which help to boost the global market worldwide. Governments across the world are focusing on inventions in image-guided surgery devices, which results in, incline graph of successful neurosurgeries. EEG, fMRI and fNRI are the current key advanced products in the brain imaging system market as they shown reliable results in many diagnostic and therapeutic areas for intracranial haemorrhage, hypoxic-ischemic encephalopathy, and congenital malformation.

Diagnostic Imaging Centers are the second largest growing segment for global functional brain imaging systems market.

Constant research and development in diagnostic imagining, increased potential of functional brain imaging systems for various neurological disorders and disease applications, coupled with the sanctions of subsidy, and support of government organizations for the R&D of advanced functional brain imaging systems remain the significant factors propelling the growth of functional brain imaging systems market.
Global Functional Brain Imaging Systems Market, by Region

• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America

Global Functional Brain Imaging Systems Market 1

North America commanded largest market share of xx% in 2019, and it is expected to continue its dominance during the forecast period, followed by Europe.

The constantly evolving healthcare diagnostic sector and new measurers for neurological disease management are anticipated to offer new growth opportunities for the global functional brain imaging systems market in North America. The growing necessity of intensive care in traumatic brain injury and brain aneurysm is boosting the demand for functional brain imaging systems in this region. Funding from public and private healthcare sectors for research and development regarding new product launches, fuel global market growth during forecast period. A large number of manufacturers of functional brain imaging systems are positioning their products for high-capacity applications, help in diagnostic procedures and high-complexity operative procedures.
Global Functional Brain Imaging Systems Market Dynamics

Several potential brain imaging systems are currently under investigation to address the unmet clinical needs of disease diagnosis, hence creates the opportunity for the global market. With these new imaging techniques, researchers interested in the function of the human brain were presented as opportunity to examine the neurobiological correlates of human behavior. The introduction of Computed Tomography proved to be an immediate and powerful catalyst for the development of imaging techniques market, particularly magnetic resonance imaging (MRI) and functional near infrared spectroscopy. Rising awareness about the benefits of early diagnosis, technological advancements leading to the replacement of low-field MRI systems with high-field MRI systems, this drives the global market during forecast period. The clinical utility of additional imaging in patients to distinguish malignant from benign tumours is unclear, because patients with a suspected brain tumour will likely undergo a biopsy despite additional imaging results.

The objective of the report is to present a comprehensive analysis of the Global Functional Brain Imaging Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Functional Brain Imaging Market dynamics, structure by analyzing the market segments and project the Global Middle Ear Implants Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Functional Brain Imaging Market make the report investor’s guide.
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Global Functional Brain Imaging Systems Market, By Product Type

• Functional MR Imaging (fMRI) Systems
• Functional Near Infrared Spectroscopy (fNIRS) Systems
• Magnetoencephalography (MEG) Systems
• Positron Emission Tomography (PET) System
• Electroencephalography (EEG) System
Global Functional Brain Imaging Systems Market, by End User

• Hospitals
• Diagnostic imaging centers
• Ambulatory surgical centers
Global Functional Brain Imaging Systems Market, by Region

• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Key Players Operating in Global Functional Brain Imaging Systems Market

• Hitachi Medical Systems
• EB Neuro S.p.A.
• MinFound Medical Systems Co., Ltd
• Medtronic Plc
• Koninklijke Philips N.V.
• Siemens Healthineers
• GE Healthcare
• Phillips
• Canon Medical Systems
• Aspect Imaging
• Neusoft Medical Systems
• Aurora Imaging Technology
• Mindray
• Thermo Fisher Scientific, Inc
• Shimadzu Corporation

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