Market Overview:
The global fNIRS brain imaging system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for non-invasive brain imaging systems, rising prevalence of neurological disorders, and technological advancements in fNIRS technology. Based on type, the global fNIRS brain imaging system market is segmented into desk type and portable type. The desk type segment is expected to account for a larger share of the global market than the portable type segment during the forecast period. This can be attributed to factors such as lower cost and easy availability of desk-type fNIRS systems compared with portable-type systems. Based on application, the global fNIRS brain imaging system market is divided into university, hospital, research institution, and others (including clinics and diagnostic centers).
Product Definition:
Functional near-infrared spectroscopy (fNIRS) is a neuroimaging technique used to measure brain activity by detecting changes in blood oxygenation and hemoglobin concentration. This method is non-invasive, and can be used to study a wide range of topics including cognitive function, emotion, learning, and plasticity.
Desk Type:
The global desk type, it's usage and growth factor in fNIRS brain imaging system market was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Portable Type:
The portable type is used to record the data from the sensors and transfer it to a computer for analysis. It can be used in any environment, including hospitals, research centers, clinical settings or even at home. The technology has been around for more than 10 years but only recently has it started gaining popularity due to its increased portability and cost-effectiveness.
Application Insights:
The others application segment includes corporate, private and government fNIRS applications. University held the largest share of the application segment in 2017 owing to increasing research activities in this field. Furthermore, growing number of Ph.D students and rising funding for brain imaging technology are also expected to drive demand over the forecast period. The hospital segment is anticipated to witness a significant growth rate over the forecast period due to increase in prevalence of neurological disorders such as Alzheimer¢â‚¬â„¢s disease, Parkinson¢â‚¬â„¢s disease etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players and high adoption rate for new technology. The increasing prevalence of neurological disorders, growing demand for diagnostic products, and rising government funding are some other factors driving regional growth. Moreover, favorable reimbursement policies in U.S., such as Medicare and Medicaid help boost adoption rates among users.
Asia Pacific is expected to witness lucrative growth over the forecast period due to improving healthcare infrastructure coupled with rising awareness about advanced technologies among end-users.
The fNIRS brain imaging system market is segmented into Europe (Germany), Asia Pacific (China), Latin America (Brazil) & MEA (Saudi Arabia).
Growth Factors:
- Increasing demand for non-invasive brain imaging techniques: The global fNIRS brain imaging system market is expected to grow at a CAGR of over 16% during the forecast period. This can be attributed to the increasing demand for non-invasive brain imaging techniques, as they do not involve any radiation exposure and are less expensive as compared to other imaging techniques such as MRI and CT scans.
- Rising prevalence of neurological disorders: The global prevalence of neurological disorders is estimated to be around 615 million cases, which is expected to increase significantly in the next few years due to the aging population and rising incidence of lifestyle diseases such as obesity, diabetes, and hypertension. This will create a high demand for fNIRS brain imaging systems in order to diagnose and treat these disorders effectively.
- Growing research funding for neuroscience studies: A large number of government organizations across the world are investing heavily in neuroscience research programs with an aim to better understand various aspects of human behavior and find new treatments for neurological disorders. This is likely to result in an increased adoption rate of fNIRS brain imaging systems by researchers worldwide in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
fNIRS Brain Imaging System Market Research Report
By Type
Desk Type, Portable Type
By Application
University, Hospital, Research Institution, Others
By Companies
Hitachi, Shimadzu Corporation, NIRx, ISS, Biopac, Techen, Artinis, Gowerlabs, Spectratech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global fNIRS Brain Imaging System Market Report Segments:
The global fNIRS Brain Imaging System market is segmented on the basis of:
Types
Desk Type, Portable Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
University, Hospital, Research Institution, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi
- Shimadzu Corporation
- NIRx
- ISS
- Biopac
- Techen
- Artinis
- Gowerlabs
- Spectratech
Highlights of The fNIRS Brain Imaging System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desk Type
- Portable Type
- By Application:
- University
- Hospital
- Research Institution
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the fNIRS Brain Imaging System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The fNIRS Brain Imaging System is a non-invasive brain imaging system that uses near-infrared light to measure cerebral blood flow. This technology can be used to detect changes in brain activity and can be used to study various neurological conditions, such as Alzheimer's disease, stroke, and epilepsy.
Some of the major companies in the fnirs brain imaging system market are Hitachi, Shimadzu Corporation, NIRx, ISS, Biopac, Techen, Artinis, Gowerlabs, Spectratech.
The fnirs brain imaging system market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. fNIRS Brain Imaging System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. fNIRS Brain Imaging System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. fNIRS Brain Imaging System Market - Supply Chain
4.5. Global fNIRS Brain Imaging System Market Forecast
4.5.1. fNIRS Brain Imaging System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. fNIRS Brain Imaging System Market Size (000 Units) and Y-o-Y Growth
4.5.3. fNIRS Brain Imaging System Market Absolute $ Opportunity
5. Global fNIRS Brain Imaging System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. fNIRS Brain Imaging System Market Size and Volume Forecast by Type
5.3.1. Desk Type
5.3.2. Portable Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global fNIRS Brain Imaging System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. fNIRS Brain Imaging System Market Size and Volume Forecast by Application
6.3.1. University
6.3.2. Hospital
6.3.3. Research Institution
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global fNIRS Brain Imaging System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. fNIRS Brain Imaging System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global fNIRS Brain Imaging System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. fNIRS Brain Imaging System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global fNIRS Brain Imaging System Demand Share Forecast, 2019-2026
9. North America fNIRS Brain Imaging System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America fNIRS Brain Imaging System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America fNIRS Brain Imaging System Market Size and Volume Forecast by Application
9.4.1. University
9.4.2. Hospital
9.4.3. Research Institution
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America fNIRS Brain Imaging System Market Size and Volume Forecast by Type
9.7.1. Desk Type
9.7.2. Portable Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America fNIRS Brain Imaging System Demand Share Forecast, 2019-2026
10. Latin America fNIRS Brain Imaging System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America fNIRS Brain Imaging System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America fNIRS Brain Imaging System Market Size and Volume Forecast by Application
10.4.1. University
10.4.2. Hospital
10.4.3. Research Institution
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America fNIRS Brain Imaging System Market Size and Volume Forecast by Type
10.7.1. Desk Type
10.7.2. Portable Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America fNIRS Brain Imaging System Demand Share Forecast, 2019-2026
11. Europe fNIRS Brain Imaging System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe fNIRS Brain Imaging System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe fNIRS Brain Imaging System Market Size and Volume Forecast by Application
11.4.1. University
11.4.2. Hospital
11.4.3. Research Institution
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe fNIRS Brain Imaging System Market Size and Volume Forecast by Type
11.7.1. Desk Type
11.7.2. Portable Type
11.8. Basis Poin Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe fNIRS Brain Imaging System Demand Share, 2019-2026
12. Asia Pacific fNIRS Brain Imaging System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific fNIRS Brain Imaging System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific fNIRS Brain Imaging System Market Size and Volume Forecast by Application
12.4.1. University
12.4.2. Hospital
12.4.3. Research Institution
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific fNIRS Brain Imaging System Market Size and Volume Forecast by Type
12.7.1. Desk Type
12.7.2. Portable Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific fNIRS Brain Imaging System Demand Share, 2019-2026
13. Middle East & Africa fNIRS Brain Imaging System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa fNIRS Brain Imaging System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa fNIRS Brain Imaging System Market Size and Volume Forecast by Application
13.4.1. University
13.4.2. Hospital
13.4.3. Research Institution
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa fNIRS Brain Imaging System Market Size and Volume Forecast by Type
13.7.1. Desk Type
13.7.2. Portable Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa fNIRS Brain Imaging System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global fNIRS Brain Imaging System Market: Market Share Analysis
14.2. fNIRS Brain Imaging System Distributors and Customers
14.3. fNIRS Brain Imaging System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hitachi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shimadzu Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NIRx
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ISS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Biopac
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Techen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Artinis
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gowerlabs
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Spectratech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook