The global demand for fNIRS Brain Imaging System Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Functional near-infrared spectroscopy (fNIRS) is a non-invasive, portable brain imaging system that employs low levels of non-ionizing light to monitor changes in cerebral blood flow in the brain via optical sensors placed on the scalp's surface. The ease of application in diverse ecologically valid contexts, cost of the modality, and portability have contributed to the widespread acceptance of fNIRS brain imaging modalities. Furthermore, it is commonly utilized in measuring neural activity in both healthy and diseased patients, humans, and animals. The movement is measured by recording the hemodynamic response in the brain using near-infrared radiation.
Market Dynamics
A crucial element driving the demand for fNIRS brain imaging systems is the growing need for non-invasive, portable, and cost-effective techniques for evaluating cortical activity in humans. In recent years, the decrease in the pricing of these modalities and the commercial availability of these devices has sparked an increase in demand for fNIRS brain imaging systems. The ease of use is a crucial factor driving its popularity among clinicians. However, the technology's utility may be limited due to insufficient signal processing systems to correct for physiological confounding effects when the device is used to assess cortical activity.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fnirs brain imaging system. The growth and trends of fnirs brain imaging system industry provide a holistic approach to this study.
Market Segmentation
This section of the fnirs brain imaging system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
By Application
- University
- Hospital
- Research Institution
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the fNIRS Brain Imaging System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global fNIRS Brain Imaging System Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fnirs brain imaging system market include Hitachi, Shimadzu Corporation, ISS, Biopac, NIRx, Gowerlabs, Techen, Spectratech, Artinis. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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