Press release
Functional Brain Imaging Systems Market Growth Development and Challenges with Forecast 2021 to 2031
global Functional Brain Imaging Systems Market is currently valued at around US$ 4.2 Bn, and is set to experience a significant 6.3% CAGR with Projected Market Value of US$ 7.7 Bn from 2021 to 2031
The healthcare vertical is expected to accelerate based on IoT (Internet of Medical Technology). The key players in some help in designing and tuning to sophisticated custom software. Also, iTunes or Google Play catalogs have encompassed healthcare and wellness mobile apps. With synchronization with wearables like fitness trackers or pulsometers for using data collected via sensors placed on the body for reporting/analyzing health conditions, the Functional Brain Imaging Systems Market is there to take the healthcare vertical by storm in the next 10 years.
Increasing incidence of neurological disorders globally, such as Alzheimer's disease, epilepsy, and other dementias; cerebrovascular diseases, including migraine, brain tumors, and other headache disorders; and traumatic disorders due to head trauma; is anticipated to fuel demand for functional brain imaging systems over the coming years.
Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/23050
Advanced research & development and rapid pace of advancements in embedded systems and microelectronics have accelerated development and improvement of brain signal monitoring technologies such as multichannel EEG and fMRI devices. Functional brain imaging system manufacturers are expected to see new growth prospects as the healthcare diagnostic industry evolves and new measures for neurological illness management become available.
Furthermore, increasing need for intensive care for traumatic brain injury and brain aneurysm and availability of new advanced magnetics technologies in these devices are further anticipated to escalate the ease of investigating the central nervous system with lesser processing time. This is expected to boost revenue growth and adoption of functional brain imaging systems over the decade.
Adoption of hybrid imaging consisting of positron emission tomography (PET) and MRI scan is increasing globally. Asian countries and many countries from Africa are attracting and encouraging start-up companies as well as global manufacturers to set up their manufacturing facilities in their regions, especially in the healthcare sector. Major manufacturers of brain imaging systems can grab these opportunities to capitalize on economies of scale so as to strengthen their position in the market.
Company Profiles:
• Koninklijke Philips N.V.
• General Electric Company
• Canon Medical Systems Corporation
• EB Neuro S.p.A.
• MinFound Medical Systems Co., Ltd
• Neurosoft
• Medtronic Plc
• Nihon Kohden Corporation
• Hitachi Medical Systems
• Elekta
• Siemens AG
• General Electric Company
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/23050
Key Takeaways from Market Study
• By product, electro encephalography systems are expected to hold 54.3% market value share by the end of 2031, primarily because of high prevalence of central nervous system disorders.
• Based on modality, standalone devices are leading with 78.7% market share in 2020, encompassing stationary healthcare settings, including hospitals.
• Hospitals dominated the end-user segment with a share of around 50.6% in 2020, due to increasing imaging and diagnostic procedures for infectious diseases.
• By region, North America is slated to be the leading market with a value share of 37.2% at the end of the forecast period, owing to the presence of major market players in the region.
"Rising prevalence of infectious diseases affecting the central nervous system and subsequent occurrence of neural disorders will drive demand of functional brain imaging systems," says an analyst of Persistence Market Research.
Market Competition
Acquisitions, mergers, expansions, and product launches are key strategies adopted by manufacturers to increase their consumer base in different regions.
• In 2020, Medtronic received both, CE mark and FDA approval, for its devices- Percept™ PC Deep Brain Stimulation (DBS) System with BrainSense™ technology. This DBS system provides personalized and data-driven neurostimulation treatment by way of capturing, recording, and tracking patient-specific brain signals.
• In November 2019, Canon Medical Systems Corporation acquired Switzerland-based MRI research & development company Skope Magnetic Resonance Technologies AG. This acquisition is expected to facilitate the development of innovative technologies in MR imaging and diagnostics.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the functional brain imaging systems market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021 - 2031.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/23050
The research study is based on the product (Functional MR Imaging (fMRI) Systems, Functional Near Infrared Spectroscopy (fNIRS) Systems, Magnetoencephalography (MEG) Systems, Positron Emission Tomography (PET) Systems, and Electroencephalography (EEG) Systems), modality (standalone device and portable device), end user (hospitals, office-based clinics, ambulatory surgical centres, and diagnostic imaging centres), across seven key regions of the world.
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Functional Brain Imaging Systems Market Growth Development and Challenges with Forecast 2021 to 2031 here
News-ID: 2719715 • Views: …
More Releases from Persistence Market Research
Tilapia Market to Reach US$ 21.2 Billion by 2032, Driven by Rising Demand for Af …
The global tilapia market is poised for steady expansion, with its value expected to rise from US$ 15.2 billion in 2025 to US$ 21.2 billion by 2032, growing at a CAGR of 4.9% during the forecast period. The market's upward trajectory is supported by increasing consumer preference for cost-effective, nutrient-rich seafood and continuing advancements in aquaculture technology.
Request a Sample:
https://www.persistencemarketresearch.com/samples/30895
Key Growth Drivers
1. Affordable, High-Protein Seafood Demand
Tilapia has become a popular seafood…
Anti Corrosion Coatings Market to Reach US$ 47.84 Billion by 2032 - Persistence …
The global anti corrosion coatings market continues to gain significant momentum as industries around the world prioritize long term durability, material protection, and cost efficient asset preservation. Anti corrosion coatings are an essential component in maintaining the structural integrity of metal surfaces exposed to moisture, chemicals, atmospheric elements, and industrial environments. They play a crucial role in extending the lifespan of equipment, buildings, transportation systems, pipelines, and marine structures. As…
Barium Titanate Market Value Rising from US$ 1.8 Billion in 2025 to US$ 2.7 Bill …
The global barium titanate market continues to gain strong momentum as industries across electronics, automotive, and telecommunications increasingly shift toward advanced ceramic materials. Barium titanate is a ferroelectric compound widely recognized for its exceptional dielectric constant, piezoelectric behavior, electro optic performance, and high reliability in demanding applications. These characteristics make it a foundational material in modern electronic components that support the digital economy and advanced technologies. As device manufacturers emphasize…
Modular Instruments Market Estimated to Grow at 9.3% CAGR by 2032
Introduction
The global modular instruments market is undergoing significant transformation as industries accelerate toward automation, real-time testing, and high-precision measurement capabilities. With growing dependency on data-driven operations, the shift from traditional bench-top instruments to flexible modular systems continues to gain momentum. These instruments allow users to customize test environments, optimize workflows, and reduce the cost of ownership through scalable architectures-supporting diverse industries such as telecommunications, aerospace, defense, electronics, and oil &…
More Releases for Functional
Key Trends Reshaping the Functional Flour Market: Innovative Functional Flour Re …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Functional Flour Market Size Growth Forecast: What to Expect by 2025?
In recent years, the functional flour market has observed significant growth. It is projected to increase from $71.22 billion in 2024 to $75.94 billion in 2025, maintaining a compound annual growth rate (CAGR) of 6.6%. Factors such as the use of functional flour…
Functional Foods Market Report 2024 - Functional Foods Market Trends, Growth And …
"The Business Research Company recently released a comprehensive report on the Global Functional Foods Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Functional Printing Market 2033: Bridging Creativity and Utility - Transforming …
The global Functional Printing Market value is forecasted to increase from US$ 11.4 billion in 2022 to US$ 33 billion by 2032. Overall demand for functional printing will increase at a robust CAGR of 11.2% through 2032.
Inkjet printing currently dominates the functional printing industry and the trend will continue through 2032. As per Persistence Market Research, inkjet printing segment will expand at 11.1% CAGR.
Growing applications of…
Functional Pet Food Market
Functional Pet Food Market Analysis 2022-2029
Functional pet food market size was valued at USD 11,354.44 million in 2021. It is forecasted to reach USD million by the end of 2029, growing at a CAGR of 8.59% during the forecast period 2022-2029.
Prebiotics and probiotics, omega-3 fatty acids, nucleotides and enzymes are the foremost functional ingredients in the outcome role in well-being of pet animals. These formulations are proven to offer…
Functional Beverage Market Future Business Status and Prospects Functional Bever …
Functional Beverage Market Report 2022: Industry aims to provide an overview of the industry through detailed market segmentation. The report offers thorough information about the overview and scope of the market along with its drivers, restraints, and trends. This report is designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study.
Get a Sample PDF of the Report @ https://impeccablemarketresearch.com/enquiry/request-sample-pdf/15696604?utm_source=Openpr&utm_medium=Shubhamko
…
Global Functional Beverages Market | Global Functional Beverages Industry | Glob …
Major players in the functional beverages market are Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp, Cloud 9, and Nestle. The Global Functional Beverages Market is expected to decline from USD 128.66 billion in 2019 to USD 125.39 billion in 2020 at a compound annual growth rate (CAGR) of -2.54%. The decline is mainly due to the COVID-19…
