Brain Mapping Instruments Market Trends and Forecast
The future of the global brain mapping instruments market looks promising with opportunities in the hospital and ambulatory center markets. The global brain mapping instruments market is expected to reach an estimated $2.7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are advancements in neuroscience research, growing application of brain mapping in neurosurgery and personalized medicine, and increasing prevalence of neurological disorders prompting investments in diagnostic technologies.
• Lucintel forecasts that positron emission tomography (PET) is expected to witness the highest growth over the forecast period.
• Within this market, hospital is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Brain Mapping Instruments Market
• United States – NIH funding NeuroNex initiative for advanced brain mapping tools; Allen Institute developing new imaging technologies.
• China – Government-backed initiatives to enhance brain mapping capabilities; local companies like MEGIN expanding MRI technology for neuroscience research.
• Germany – Max Planck Society collaborating with Siemens Healthineers on high-resolution brain imaging systems; government funding for neurotechnology innovations.
• Japan – Brain/MINDS project aiming to map neuronal circuits; Shimadzu Corporation introducing neuroimaging solutions for clinical and research applications.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Brain Mapping Instruments Market by Segment
The study includes a forecast for the global brain mapping instruments market by type, application, and region.
Brain Mapping Instruments Market by Type [Value from 2018 to 2030]:
• Positron Emission Tomography (PET)
• Electroencephalography (EEG)
• Near-Infrared Spectroscopy (NIRS)
• Magnetic Resonance Imaging (MRI)
• Computed Tomography
• Others
Brain Mapping Instruments Market by Application [Value from 2018 to 2030]:
• Hospitals
• Ambulatory Centers
• Others
Brain Mapping Instruments Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Brain Mapping Instruments Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies brain mapping instruments companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the brain mapping instruments companies profiled in this report include-
• Elekta
• Siemens
• Medtronic
• Advanced Brain Monitoring
• Brain Products
• Compumedics Limited
• Koninklijke Philips N.V.
• Nihon Kohden Corporation
• Brainscope Company
• General Electric Company
Recent Development in the Brain Mapping Instruments Market
• Bruker Corporation: Launches high-resolution MRI systems tailored for brain mapping, enhancing neuroscientific research capabilities.
• Elekta AB: Introduces advanced neuroimaging and mapping solutions, focusing on precision and efficiency in neurosurgical applications.
• Magstim: Develops non-invasive brain stimulation devices integrated with mapping capabilities, targeting enhanced diagnostic and therapeutic outcomes.
• Neusoft Medical Systems: Collaborates with research institutions to develop next-generation PET and CT scanners for precise brain mapping and analysis.
Features of the Global Brain Mapping Instruments Market
Market Size Estimates: Brain mapping instruments market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Brain mapping instruments market size by type, application, and region in terms of value ($B).
Regional Analysis: Brain mapping instruments market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the brain mapping instruments market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the brain mapping instruments market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the brain mapping instruments market size?
Answer: The global brain mapping instruments market is expected to reach an estimated $2.7 billion by 2030.
Q2. What is the growth forecast for brain mapping instruments market?
Answer: The global brain mapping instruments market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the brain mapping instruments market?
Answer: The major drivers for this market are advancements in neuroscience research, growing application of brain mapping in neurosurgery and personalized medicine and increasing prevalence of neurological disorders prompting investments in diagnostic technologies.
Q4. What are the major segments for brain mapping instruments market?
Answer: The future of the brain mapping instruments market looks promising with opportunities in the hospital and ambulatory center markets.
Q5. Who are the key brain mapping instruments market companies?
Answer: Some of the key brain mapping instruments companies are as follows:
• Elekta
• Siemens
• Medtronic
• Advanced Brain Monitoring
• Brain Products
• Compumedics Limited
• Koninklijke Philips N.V.
• Nihon Kohden Corporation
• Brainscope Company
• General Electric Company
Q6. Which brain mapping instruments market segment will be the largest in future?
Answer: Lucintel forecasts that positron emission tomography (PET) is expected to witness the highest growth over the forecast period.
Q7. In brain mapping instruments market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the brain mapping instruments market by type (positron emission tomography (PET), electroencephalography (EEG), near-infrared spectroscopy (NIRS), magnetic resonance imaging (MRI), computed tomography, and others), application (hospitals, ambulatory centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Brain Mapping Instruments Market Market, Brain Mapping Instruments Market Market Size, Brain Mapping Instruments Market Market Growth, Brain Mapping Instruments Market Market Analysis, Brain Mapping Instruments Market Market Report, Brain Mapping Instruments Market Market Share, Brain Mapping Instruments Market Market Trends, Brain Mapping Instruments Market Market Forecast, Brain Mapping Instruments Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.