According to FutureWise analysis the market for Brain Imaging and Neuroimaging in 2023 is US$ 13.69 billion, and is expected to reach US$ 21.04 billion by 2031 at a CAGR of 5.50%.
In recent years, the healthcare industry has witnessed technological developments in medical devices that offer robust services for patients suffering from brain-related diseases. The brain imaging market is currently one of the fastest growing segments of the overall imaging market. Using brain imaging, a physician can analyze the activity and functioning problems of the nervous system in order to treat various types of neurodegenerative disorders. To offer services in the brain imaging segment, different types of scanners are available on the market. Brain imaging devices include functional magnetic resonance imaging (fMRI), computed tomography (CT), positron emission tomography (PET), electroencephalography (EEG), magnetoencephalography (MEG) and near-infrared spectroscopy (NIRS). The most prominent of these is functional magnetic resonance imaging (fMRI), which provides robust information about brain activity by detecting changes in blood oxygenation. The functional magnetic resonance imaging (fMRI) provides anatomical and functional information about blood flow to specific areas of the brain. It is widely used in the diagnosis of neurodegenerative disorders such as Alzheimer's disease and Parkinsonism, as well as chronic diseases such as brain cancer.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Brain Imaging and Neuroimaging Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Brain Imaging and Neuroimaging Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.