Backed by market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, wider supply chain intelligence, emerging startup coverage, and detailed product-level insights, The Business Research Company’s 2026 market reports are designed to offer research that is more actionable and strategically valuable than ever.
#Functional Brain Imaging System Market Size Outlook: How Quickly Will Revenue Expand Through 2030?#_x000D_
The functional brain imaging system market has demonstrated significant growth in recent years. Its expansion is projected from $5.08 billion in 2025 to $5.45 billion in 2026, achieving a compound annual growth rate (CAGR) of 7.4%. Historically, this market’s growth can be attributed to factors including the limited availability of high-resolution imaging systems, a reliance on traditional imaging techniques, an increase in the prevalence of neurological disorders, expanding academic research into brain function, and the early adoption of fMRI technologies._x000D_
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The functional brain imaging system market is expected to experience significant expansion in the coming years. It is projected to grow to $7.17 billion in 2030, at a compound annual growth rate (CAGR) of 7.1%. This anticipated growth can be attributed to several factors, including developments in portable and wearable fNIRS devices, the increased incorporation of AI in brain imaging analysis, the broadening availability of hybrid PET/MRI and PET/CT systems, an increase in funding for cognitive neuroscience research, and the enhancement of hospital and diagnostic imaging infrastructure. Prominent trends throughout this forecast period include the increasing adoption of functional brain imaging in clinical diagnoses, the integration of portable and wearable brain imaging technologies, an uptick in research applications for cognitive science, a heightened focus on neurology and psychiatry applications, and the expansion of hybrid imaging modalities for brain investigations._x000D_
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#Functional Brain Imaging System Market Growth Backed By Core Demand Fundamentals#_x000D_
The functional brain imaging system market is anticipated to experience growth going forward, spurred by the rising prevalence of brain cancer. Brain cancer is defined as a condition where aberrant cells in the brain multiply without control, forming a tumor that can disrupt brain function. The increasing incidence of brain cancer stems from factors such as an aging demographic, advancements in detection methods, environmental hazards, and improved reporting systems. Functional brain imaging systems significantly enhance diagnostic precision, facilitate the development of safer and more efficacious treatment strategies, and provide continuous monitoring to better outcomes for individuals battling brain cancer. For example, in 2023, according to Cancer Australia, a cancer control agency of the Government of Australia, Australia recorded 1,597 deaths attributed to brain cancer, comprising 956 males and 641 females; by 2025, the number of projected deaths is expected to climb to 1,639, affecting 979 males and 660 females. Therefore, the expanding prevalence of brain cancer is a significant driver for the growth of the functional brain imaging system market._x000D_
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#Functional Brain Imaging System Market Segment Trends And Revenue Contributors#_x000D_
The functional brain imaging system market covered in this report is segmented – _x000D_
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1) By Type: Functional Magnetic Resonance Imaging (fMRI) Systems, Functional Near Infrared Spectroscopy (fNIRS) Systems, Positron Emission Tomography (PET) System, Others Types_x000D_
2) By Application: Hospital, Diagnostic imaging center, Other Applications_x000D_
3) By End-User: Neurology, Psychiatry, Oncology, Cognitive Science_x000D_
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Subsegments:_x000D_
1) By Functional Magnetic Resonance Imaging (fMRI) Systems: Research-Grade Functional Magnetic Resonance Imaging (fMRI) Systems, Clinical Functional Magnetic Resonance Imaging (fMRI) Systems, High-Field Functional Magnetic Resonance Imaging (fMRI) Systems, Resting-State Functional Magnetic Resonance Imaging (fMRI) Systems _x000D_
2) By Functional Near Infrared Spectroscopy (fNIRS) Systems: Portable Functional Near Infrared Spectroscopy (fNIRS) Systems, Multi-Channel Functional Near Infrared Spectroscopy (fNIRS) Systems, Wearable Functional Near Infrared Spectroscopy (fNIRS) Devices, Clinical Functional Near Infrared Spectroscopy (fNIRS) Systems _x000D_
3) By Positron Emission Tomography (PET) Systems: Whole-Body Positron Emission Tomography (PET) Systems, Dedicated Brain Positron Emission Tomography (PET) Systems_x000D_
4) By Other Types: Electroencephalography (EEG) Systems, Magnetoencephalography (MEG) Systems, Diffusion Tensor Imaging (DTI) Systems, Transcranial Magnetic Stimulation (TMS) Systems _x000D_
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#Functional Brain Imaging System Market Growth Trends Reshaping The Competitive Landscape#_x000D_
Leading companies in the functional brain imaging system market are concentrating on developing innovative solutions, such as pulse sequence technology, to improve image resolution, enhance diagnostic accuracy, and decrease scan times, ultimately leading to more effective and efficient brain imaging procedures. Pulse sequence technology in functional brain imaging systems refers to a series of timed radiofrequency (RF) pulses and magnetic field gradients applied during an MRI scan to manage how the MRI system generates images. For instance, in July 2024, Fujifilm Holdings Corporation, a Japan-based company that produces photographic films, launched Aperto Lucent, an open 0.4-tesla MRI system. This system incorporates RADAR motion compensating pulse sequence technology, which reduces the need for rescans and mitigates motion artifacts, often a significant challenge in MRI exams. The APERTO Lucent leverages Fujifilm’s well-known permanent magnet technology, simplifying installation and reducing operational costs by minimizing the requirement for additional equipment to maintain the magnetic field._x000D_
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#Functional Brain Imaging System Market Competitive Landscape: Who Leads The Industry?#_x000D_
Major companies operating in the functional brain imaging system market are Siemens Healthineers AG, General Electric HealthCare Technologies Inc., NordicNeuroLab AS, Koninklijke Philips N.V., Shimadzu Corporation, Toshiba International Corporation, Elekta AB, Canon Medical Systems Corporation, Cortech Solutions Inc., Compumedics Ltd., Brain Products GmbH, Aspect Imaging Ltd., ANT Neuro GmbH, BIOPAC Systems Inc., Neuroelectrics Corporation, Twente Medical Systems International(TMSI) B.V., Advanced Brain Monitoring Inc., Gowerlabs Ltd., Artinis Medical Systems B.V., NIRx Medical Technologies LLC _x000D_
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#Functional Brain Imaging System Market Geographic Landscape: Which Region Dominates Industry Growth?#_x000D_
North America was the largest region in the functional brain imaging system market in 2025. The regions covered in the functional brain imaging system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
