Brain Imaging Modalities Market 2024-2033: Technological Advancements, Competitive Landscape and Strategies | Hitachi Ltd., Siemens AG, Toshiba Corporation, FUJIFILM Corporation, Koninklijke Philips N.V, Stryker Corporation

Brain Imaging Modalities Market Report 2024 - Share and Insights
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The brain imaging modalities global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Brain Imaging Modalities Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The brain imaging modalities market size has grown strongly in recent years. It will grow from $12.33 billion in 2023 to $13.07 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to the increasing incidence and prevalence of neurological disorders, increase in the volume of brain imaging modalities, and rise in traffic accidents is driving the market growth, increase in the revenue of the brain imaging market, increasing use of brain monitoring in clinical trials.

The brain imaging modalities market size is expected to see strong growth in the next few years. It will grow to $16.56 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to rising awareness of neurological disorders, growing demand for ventilators, growing demand for non-invasive and minimally invasive devices, rising number of traffic accidents, rising prevalence of neurological disorders and traumatic brain injuries (TBI). Major trends in the forecast period include integration of artificial intelligence (AI), rise of portable and wearable imaging devices, multi-modal imaging approaches, focus on neurodegenerative diseases, digitalization and decentralized trials.

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Scope Of Brain Imaging Modalities Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Brain Imaging Modalities Market Overview

Market Drivers –
The increasing prevalence of neurological disorders is expected to propel the growth of the brain imaging modality market going forward. Neurological disorders refer to medical conditions that affect the nervous system, including the brain, spinal cord, and nerves, resulting in problems with movement, sensation, cognition, or behavior. Neurological disorders are increasing due to factors such as an aging population, better diagnosis, chronic diseases, genetic factors, improved diagnostics, environmental changes, and lifestyle factors. Brain imaging modalities are used to diagnose and monitor neurological disorders by providing detailed images of the brain’s structure and function, aiding in effective treatment planning. For instance, in April 2022, according to the European Brain Council, a Belgium-based non-profit organization, 10.5 million people in Europe are living with dementia, with estimates suggesting this number will increase to 18.7 million by 2050. Therefore, the increasing prevalence of neurological disorders is driving the growth of the brain imaging modality market.

Market Trends –
Major companies operating in the brain imaging modalities market are focusing on developing innovative technologies, such as neuroimaging technologies, to gain a competitive advantage. Neuroimaging technologies are advanced medical tools used to capture detailed images of the brain’s structure and function. For instance, in February 2024, Koninklijke Philips N.V., a Netherlands-based technology company, partnered with SyntheticMR, a Sweden-based software company, to launch Smart Quant Neuro 3D, which features automated 3D quantification of neuroimaging data, real-time visualization of brain structures, and integration with artificial intelligence for improved diagnostic accuracy. This innovation aims to streamline workflows and reduce the time required for image analysis, ultimately benefiting healthcare providers and patients alike.

The brain imaging modalities market covered in this report is segmented –

1) By Product: Devices, Accessories, Usability
2) By Imaging Type: Computed Tomography (CT), Positron Emission Tomography (PET), Magnetic Resonance Imaging (MRI), Single Photon Emission Computed Tomography (SPECT)
3) By Modalities: Stand-Alone Functional Brain Imaging Systems, Portable Functional Brain Imaging Systems
4) By Patient Type: Adults, Pediatrics, Infants
5) By End-User: Hospitals, Diagnostic Centers, Research Institutes

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Regional Insights –
North America
was the largest region in the brain imaging modalities market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain imaging modalities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the brain imaging modalities market are Hitachi Ltd., Siemens AG, Toshiba Corporation, FUJIFILM Corporation, Koninklijke Philips N.V, Stryker Corporation, GE HealthCare Technologies Inc., Hologic Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Shimadzu Corporation, Canon Medical Systems Corporation, Neusoft Corporation, Planmed Oy, Agfa-Gevaert N.V., Carestream Health, Brainlab AG, Esaote SpA, Ziehm Imaging GmbH, EOS imaging, NeuroLogica Corp., Swissray International Inc., Xoran Technologies LLC., Allengers Medical Systems Ltd., Konica Minolta Healthcare Americas Inc., Hi-Tech Medical Imaging

Table of Contents
1. Executive Summary
2. Brain Imaging Modalities Market Report Structure
3. Brain Imaging Modalities Market Trends And Strategies
4. Brain Imaging Modalities Market – Macro Economic Scenario
5. Brain Imaging Modalities Market Size And Growth
…..
27. Brain Imaging Modalities Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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