GE Is One Of The Largest Players In The Brain And Neuroimaging Devices Market, According To The Business Research Company’s Brain And Neuroimaging Devices Global Market Report 2020-30: COVID 19 Growth And Change
(Companies Covered: GE, Siemens, Philips, Canon, Hitachi Medical Systems, Medtronic Plc, EB Neuro S.p.A., Neurosoft, MinFound Medical Systems Co. Ltd, Elekta.)
The global brain and neuroimaging devices market is expected to decline from $32.83 billion in 2019 to $31.43 billion in 2020 at a compound annual growth rate of -4.28%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $37.95 billion in 2023 at a compound annual growth rate of 6.49%.
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The brain and neuroimaging devices market consists of sales of brain and neuroimaging devices and related services by businesses that manufacture them. Brain and neuroimaging devices are medical devices used to capture the structure and function of the brain for studying the areas affected by neurological disorders, brain functioning and activity of the brain.
Global Brain And Neuroimaging Devices Market Segmentation –
1) By Imaging Type: Functional Magnetic Resonance Imaging (fMRI), Computed Tomography (CT), Positron Emission Tomography (PET), Electroencephalography (EEG), Magneto Encephalography (MEG), Others.
2) By End-user: Hospitals, Diagnostic Centres, Ambulatory Surgical Centres.
Global Brain And Neuroimaging Devices Market Driver –
The high cost of imaging devices is anticipated to hamper the market for brain and neuroimaging devices. Neurological and cognitive psychology research and design brain-computer interfaces require high-end machines such as Electroencephalography (EEG), Positron Emission Tomography (PET), Functional Magnetic Resonance Imaging (fMRI) among others. These are high-cost devices.
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Few Points From The Global Brain And Neuroimaging Devices Market TOC
1. Executive Summary
2. Brain And Neuroimaging Devices Market Characteristics
3. Brain And Neuroimaging Devices Market Size And Growth
3.1. Global Brain And Neuroimaging Devices Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
4. Brain And Neuroimaging Devices Market Segmentation
4.1. Global Brain And Neuroimaging Devices Market, Segmentation By Imaging Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Brain And Neuroimaging Devices Market Regional And Country Analysis
5.1. Global Brain And Neuroimaging Devices Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Brain And Neuroimaging Devices Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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