Transparency Market Research in its new report titled, “fNIRS Brain Imaging System Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the fNIRS brain imaging system market. The TMR report anticipates that the intensifying need for non-invasive, portable, and cost-effective technique for assessing cortical activity in humans will drive the fNIRS brain imaging system market during the forecast period i.e, 2018-2026.
The preference of fNIRS over other modalities such as fMRI and positron emission tomography (PET) is the advantage it has in resisting motion artifacts that gives wrong or incomplete results. Such a feature is useful while imaging brains of sports persons 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 these modalities and the commercial availability of these devices. The user-friendliness is a key attribute boosting its demand among clinicians, says the report.
The report also states that the clinical studies and research to unearth the promising potential of fNIRS for consumer neuroscience are expected to pave way for new, exciting paradigms in the market. For instance, the rising demand for these systems in complementing retail and shopper research is a welcome trend gaining traction in the fNIRS brain imaging systems market. However the usefulness of the technology may be hampered by the lack of a suitable signal processing systems to rectify physiological confounding effects when the system is used to measure cortical activity. Nevertheless, the marked safety that fNIRS has makes it ideal for use in a range of target populations such as infants and children, says the report.
The TMR report offers a granular assessment of various regional dynamics influencing the growth trajectories of the market over the assessment period of 2108–2026. The study offers insights into untapped avenues in emerging markets and identifies the key regions expected to offer promising revenue growth. Some of the key regional market could be North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
Players in developed nations are spending profusely in advancing brain imaging modality, which imparts prominence to these markets. Some of the major companies operating in the market are profiled in this report to give a better competitive analysis and these include Spectratech, Gowerlabs, Artinis Medical Systems, Techen Inc., NIRx Medizintechnik GmbH, Shimadzu Corporation, and Hitachi.
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