fNIRS Brain Imaging System Market, By Product Type (Desk Type, and Portable Type), By Application (University, Hospital, Research Institution, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029

Report Code: PMI465621 | Publish Date: March 2024 | No. of Pages: 176

Global FNIRS Brain Imaging System Market Overview

fNIRS is a wearable near-infrared spectroscopy based system that enables the continuous, noninvasive, and safe monitoring of changes in blood oxygenation and blood volume related to human brain function. fNIR systems provide real-time monitoring of tissue oxygenation in the brain as subjects take tests, perform cognitive tasks, and receive stimulation. The fNIR system can also be readily integrated with other physiological and neurobehavioral measures that assess human brain activity, including eye tracking, pupil reflex, respiration and electrodermal activity. fNIR system allows researchers to quantitatively assess brain functions, including but not limited to attention, working memory, planning, decision making, problem solvingwhile individuals perform cognitive tasks.

The fNIRS brain imaging system market accounted for US$ 121.5 million in 2020 and is estimated to be US$ 361.4 million by 2030 and is anticipated to register a CAGR of 11.5%.

Impact of Covid-19 pandemic on market

With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the product segment. Government across the countries have imposed strict lockdown to limit the spread of disease. FNIRS brain imaging system market is affected by COVID-19 due to restriction among individuals as well as the supply chain of this device disrupted. This report quantifies the impact of COVID-19 on fNIRS brain imaging system market.

Global FNIRS Brain Imaging System Market Dynamics

Increasing prevalence of neurological disorders

The increasing prevalence of neurological disorders is the important factor that raises the demand for fNIRS brain imaging system market to a great extent. For instance, According to the Alzheimer’s Association, in 2019, around 5.8 million people are affected by Alzheimer’s within the United States. Moreover, almost 1 out of 10 people aged 65 and above have Alzheimer’s and around 1 in 3 die because of Alzheimer’s. Thereby, accelerating the growth of the market during the forecast period.

Rising need for non-invasive technique

The intensifying need for non-invasive, portable, and cost-effective technique for assessing cortical activity in humans is a key factor driving the demand for fNIRS brain imaging systems. The preference of fNIRS over other modalities like fMRI and positron emission tomography (PET) has advantage as when it's in resisting motion artefacts it give wrong or incomplete results. Such a feature is beneficial while imaging the brains of sportspersons or in rehabilitation research, where the motion of subjects. In recent years, the demand for fNIRS brain imaging systems has been increasingly catalyzed by the reduction in prices of those modalities and therefore the commercial availability of those devices. The user-friendliness is a key attribute boosting its demand among clinicians.

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Global FNIRS Brain Imaging System Market Segmentation

The fNIRS Brain Imaging System market is segmented based on product type, application, and region.

On the basis of product type, the global fNIRS Brain Imaging System market is segmented into desk type, and portable type. Based on application, the target market is segmented into the university, hospital, research institution, and others.

Regional Insights:

Regionally, the fNIRS Brain Imaging System market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America anticipated to dominate and has the significant market share during the forecast period. This is attributed to the increasing aged population as well as associated neurological disorder expected to propel the growth of the market. Moreover, increasing healthcare spending and the presence of prominent players is anticipated to fuel the growth of the market to a large extent.

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Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By  Product Type- Desk Type, and Portable Type

By Application– University, Hospital, Research Institution, and Others

Delivery Mode Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global FNIRS brain imaging system market report based on product type, application and region.

FNIRS Brain Imaging System Market, By Product Type:

  • Desk Type
  • Portable Type

FNIRS Brain Imaging System Market, By Application:

  • University
  • Hospital
  • Research Institution
  • Others

FNIRS Brain Imaging System Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global FNIRS Brain Imaging System Market Key Players

The key players operating in the fNIRS brain imaging system market include TechEn, Inc., Thermo Fisher Scientific, Bruker, Unity Scientific, FOSS, Buchi, ABB, Perten (PerkinElmer), Agilent Technologies, and Yokogawa. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion. For instance, in 2018, Hitachi introduced a fNIRS system in the market, ETG-4100. It is characterized as highly sensitive and faster for measuring the hemodynamics of the brain.  

Global FNIRS Brain Imaging System Market Company Profile

  • TechEn, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Thermo Fisher Scientific
  • Bruker
  • Unity Scientific
  • FOSS
  • Buchi
  • ABB
  • Perten (PerkinElmer)
  • Agilent Technologies
  • Yokogawa

Global FNIRS Brain Imaging System Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for fNIRS Brain Imaging System Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. fNIRS Brain Imaging System Market, By Product Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Desk Type
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Portable Type
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. fNIRS Brain Imaging System Market, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • University
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Hospital
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Research Institution
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. fNIRS Brain Imaging System Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • TechEn, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
  • Thermo Fisher Scientific
  • Bruker
  • Unity Scientific
  • FOSS
  • Buchi
  • ABB
  • Perten (PerkinElmer)
  • Agilent Technologies
  • Yokogawa
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

List of Tables

TABLE List of data sources

TABLE Market drivers; Impact Analysis

TABLE Market restraints; Impact Analysis

TABLE FNIRS Brain Imaging System Market: Product Type Snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Product Type

TABLE Global FNIRS Brain Imaging System Market, by Product Type 2019-2029 (USD Million)

TABLE FNIRS Brain Imaging System Market: Application Snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Application

TABLE Global FNIRS Brain Imaging System Market, by Application 2019-2029 (USD Million)

TABLE FNIRS Brain Imaging System Market: Regional snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Region

TABLE Global FNIRS Brain Imaging System Market, by Region 2019-2029 (USD Million)

TABLE North America FNIRS Brain Imaging System Market, by Country, 2019-2029 (USD Million)

TABLE North America FNIRS Brain Imaging System Market, by Product Type, 2019-2029 (USD Million)

TABLE North America FNIRS Brain Imaging System Market, by Application, 2019-2029 (USD Million)

TABLE Europe FNIRS Brain Imaging System Market, by Country, 2019-2029 (USD Million)

TABLE Europe FNIRS Brain Imaging System Market, by Product Type, 2019-2029 (USD Million)

TABLE Europe FNIRS Brain Imaging System Market, by Application, 2019-2029 (USD Million)

TABLE Asia Pacific FNIRS Brain Imaging System Market, by Country, 2019-2029 (USD Million)

TABLE Asia Pacific FNIRS Brain Imaging System Market, by Product Type, 2019-2029 (USD Million)

TABLE Asia Pacific FNIRS Brain Imaging System Market, by Application, 2019-2029 (USD Million)

TABLE Latin America FNIRS Brain Imaging System Market, by Country, 2019-2029 (USD Million)

TABLE Latin America FNIRS Brain Imaging System Market, by Product Type, 2019-2029 (USD Million)

TABLE Latin America FNIRS Brain Imaging System Market, by Application, 2019-2029 (USD Million)

TABLE Middle East and Africa FNIRS Brain Imaging System Market, by Country, 2019-2029 (USD Million)

TABLE Middle East and Africa FNIRS Brain Imaging System Market, by Product Type, 2019-2029 (USD Million)

TABLE Middle East and Africa FNIRS Brain Imaging System Market, by Application, 2019-2029 (USD Million)

List of Figures

FIGURE FNIRS Brain Imaging System Market segmentation

FIGURE Market research methodology

FIGURE Value chain analysis

FIGURE Porter’s Five Forces Analysis

FIGURE Market Attractiveness Analysis

FIGURE COVID-19 Impact Analysis

FIGURE Pre & Post COVID-19 Impact Comparison Study

FIGURE Competitive Landscape; Key company market share analysis, 2019

FIGURE Product Type segment market share analysis, 2019 & 2029

FIGURE Product Type segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Application segment market share analysis, 2019 & 2029

FIGURE Application segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Regional segment market share analysis, 2019 & 2029

FIGURE Regional segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE North America FNIRS Brain Imaging System Market share and leading players, 2019

FIGURE Europe FNIRS Brain Imaging System Market share and leading players, 2019

FIGURE Asia Pacific FNIRS Brain Imaging System Market share and leading players, 2019

FIGURE Latin America FNIRS Brain Imaging System Market share and leading players, 2019

FIGURE Middle East and Africa FNIRS Brain Imaging System Market share and leading players, 2019

FIGURE North America market share analysis by country, 2019

FIGURE U.S. FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Canada FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Europe FNIRS Brain Imaging System Market share analysis by country, 2019

FIGURE Germany FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Spain FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Italy FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE UK FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE France FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of the Europe FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Asia Pacific FNIRS Brain Imaging System Market share analysis by country, 2019

FIGURE India FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE China FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Japan FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE South Korea FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of APAC FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Latin America FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Latin America FNIRS Brain Imaging System Market share analysis by country, 2019

FIGURE Brazil FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Mexico FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Argentina FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of LATAM FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Middle East and Africa FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Middle East and Africa FNIRS Brain Imaging System Market share analysis by country, 2019

FIGURE Saudi Arabia FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE United Arab Emirates FNIRS Brain Imaging System Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FAQs

The global fNIRS Brain Imaging System market is segmented based on product type, application and region.

The rising prevalence of neurological disorders is the major factor to propel the growth of the global market.

North America dominated the FNIRS Brain Imaging System market and is expected to hold a significant share during the forecast period. This is attributable to the rising prevalence of neurological disorder as well as rising healthcare spending contributed to significant growth during the forecast period.