About Functional Brain Imaging Systems
Functional brain imaging technologies measure blood flow and/or metabolism. The growing incidence of neurodegenerative disorders and rising awareness about brain health in developing economies boosting the market. The functional brain imaging systems market is expected to grow in the future due to the development of specific treatment plans for personalized treatment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Global Functional Brain Imaging Systems market is fragmented with numerous market players. Additionally, the players are offering services in healthcare with several hospitals and ambulatory service centers. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Functional Brain Imaging Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Koninklijke Philips N.V. (Netherlands), Canon Medical Systems Corporation (Japan), Hitachi Medical Systems (United States), EB Neuro S.p.A. (Italy), Neurosoft (Russia), MinFound Medical Systems Co., Ltd (China), Nihon Kohden Corporation (Japan), Medtronic Public Limited Company (Ireland), Elekta (Sweden) and Siemens AG (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Functional Brain Imaging Systems market by Type (Functional MR Imaging (fMRI) Systems, Functional Near-Infrared Spectroscopy (fNIRS) Systems, Magnetoencephalography (MEG) Systems, Positron Emission Tomography (PET) System and Electroencephalography (EEG) System) and Region.
On the basis of geography, the market of Functional Brain Imaging Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Modality, the sub-segment i.e. Stand-along Device will boost the Functional Brain Imaging Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Office-based Clinics will boost the Functional Brain Imaging Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Investments in Hybrid Imaging Technique
Market Growth Drivers:
Growing Incidence of Neurodegenerative Disorders and Rising Awareness about Brain Health in Developing Economies
Challenges:
Required to Meet the Safety Norms
Restraints:
High Costs of Functional Brain Imagining Systems
Opportunities:
Increase Manufacturers Partnerships with Hospitals, High Expenditures on R&D Activities in the Healthcare Industry and Development of Healthcare Infrastructure in Developing Countries
Market Leaders and their expansionary development strategies
In Nov 2019, Canon Medical Systems Corporation has concluded a contract to acquire all shares of Skope Magnetic Resonance Technologies AG. With a unique research and development team, Skope is a company devoted to providing MRI users with unprecedented imaging quality and performance. The acquisition of Skope was completed according to the required approval procedures.
In March 2022, MYndspan launched an imaging service that used brain connectivity to measure and assess brain health at Aston University's Institute of Health and Neurodevelopment. The brain imaging service measured the electrical signals between neurons to form a highly detailed brain activity and function map. Source: https://www.mordorintelligence.com/industry-reports/functional-near-infrared-optical-brain-imaging-market
Key Target Audience
Functional Brain Imaging Systems Provider, Potential Investors, New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.