Innovative Applications and R&D Drives the Brain Mapping Instruments Market Growth

Published: May 2024

Global brain mapping instruments market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024-2031). The global brain mapping instruments market includes technologies and applications for understanding the brain's structure, function, and connectivity. Key applications include basic neuroscience research, clinical diagnosis, neurosurgeon planning, cognitive neuroscience research, brain-computer interfaces (BCIs), precision medicine, and brain connectivity mapping. These instruments use techniques such as MRI, fMRI, PET, EEG, and MEG to study brain function, diagnose neurological disorders, aid in surgery planning, and aid in cognitive neuroscience research. It additionally aid in the development of BCIs, enabling direct communication between the brain and external devices. It additionally contribute to precision medicine and drug development by providing insights into individual differences in brain structure and function. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance,

Browse the full report description of “Brain Mapping Instruments Market Size, Share & Trends Analysis Report by Product (Computed Axial Tomography (CAT), Position Emission Tomography, Electroencephalography (EEG), Functional Near-Infrared Spectroscopy (fNIRS), Functional Magnetic Resonance Imaging (fMRI), and Others). and by End User (Hospitals and Clinics, Diagnostic Centers, and Others). Forecast Period (2024-2031).” at https://www.omrglobal.com/industry-reports/brain-mapping-instruments-market

In July 2021, Omniscient Neurotechnology received FDA 510(k) clearance for Quicktome, a digital brain mapping platform that enables neurosurgeons to visualize and understand a patient's brain networks before brain surgery. Quicktome incorporates "connectomics" into routine planning, helping neurosurgeons make informed decisions and reduce surgical uncertainty. The platform has also received Health Canada approval and regulatory clearance from the Therapeutic Goods Administration.

In August 2021, Princeton University, released a dataset combining a 3-D wiring diagram with the function of tens of thousands of neurons, providing the most detailed examination of mammalian brain circuitry to date.

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Product

o By End User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape-  General Electric Co., Koninklijke Philips N.V., Medtronic PLC, Canon Medical Systems Corp., and Siemens Healthineers co., among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Brain Mapping Instruments Market Report Segment

By Product

  • Computed Axial Tomography (CAT)
  • Position Emission Tomography
  • Electroencephalography (EEG)
  • Functional Near-Infrared Spectroscopy (fNIRS)
  • Functional Magnetic Resonance Imaging (fMRI)
  • Other (Magnetoencephalography (MEG) Systems, and Transcranial Magnetic Stimulation (TMS) Devices)

By End-User

  • Hospitals and Clinics
  • Diagnostic Centers
  • Others(Research Institutes and Academic Centers)

Global Brain Mapping Instruments Market Report Segment by Region

North America

United States

Canada 

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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