Functional Near Infrared Optical Brain Imaging (fNIRS) Market

By Application Type;

Parkinson's Disease, Epilepsy, Dementia, Traumatic Brain Injury, Sleep Disorders, and Others

By End User;

Diagnostic Centers and Hospitals

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn654176369 Published Date: June, 2025 Updated Date: July, 2025

Functional Near Infrared Optical Brain Imaging Market Overview

Functional Near Infrared Optical Brain Imaging Market (USD Million)

Functional Near Infrared Optical Brain Imaging Market was valued at USD 3,660.25 million in the year 2024. The size of this market is expected to increase to USD 7,132.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.


Functional Near Infrared Optical Brain Imaging (fNIRS) Market

*Market size in USD million

CAGR 10.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.0 %
Market Size (2024)USD 3,660.25 Million
Market Size (2031)USD 7,132.79 Million
Market ConcentrationMedium
Report Pages308
3,660.25
2024
7,132.79
2031

Major Players

  • Artinis Medical Systems
  • Biopac Systems Inc.
  • Cephalon
  • Cortech Solutions Inc.
  • Gowerlabs Ltd
  • Shimadzu Scientific Instruments
  • Hitachi
  • NIRx Medical Technologies LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Functional Near Infrared Optical Brain Imaging (fNIRS) Market

Fragmented - Highly competitive market without dominant players


The Functional Near Infrared Optical Brain Imaging Market is experiencing significant traction due to its expanding clinical and research applications. This non-invasive neuroimaging technology is widely used for real-time brain activity monitoring, particularly in cognitive neuroscience. Over 60% of adoption is driven by its ability to monitor oxygenated and deoxygenated hemoglobin levels without radiation exposure, making it suitable for vulnerable populations like infants and the elderly.

Technological Innovations Fueling Growth
Continuous innovation in sensor design, miniaturization, and signal processing is contributing to a substantial improvement in imaging accuracy. Recent advancements have enhanced the spatial resolution by 45% and improved depth penetration efficiency by 38%. These enhancements are enabling researchers to obtain more precise functional brain mapping results, encouraging wider clinical acceptance.

Rising Demand for Non-Invasive Brain Monitoring
The demand for non-invasive neuroimaging techniques is growing steadily, especially in pediatrics, psychology, and rehabilitation settings. Around 57% of users cite the portability and safety of fNIRS as primary factors in its selection over traditional neuroimaging methods. This shift is fostering adoption in outpatient clinics and home-based diagnostic setups.

Integration with AI and Wearable Devices
The integration of artificial intelligence and wearable platforms with fNIRS systems is revolutionizing brain imaging workflows. AI-enhanced data interpretation has led to a 50% increase in diagnostic accuracy, while wearable designs have increased user compliance by 42%. These synergistic developments are positioning fNIRS as a key tool in cognitive monitoring and mental health assessment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Functional Near Infrared Optical Brain Imaging Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Neuroimaging Technologies
        2. Growing Research in Neuroscience
        3. Non-Invasive Nature of fNIRS
      2. Restraints
        1. Limited Depth Penetration and Spatial Resolution
        2. Variability in Signal Quality and Data Interpretation
      3. Opportunities
        1. Integration with Complementary Imaging Modalities
        2. Emerging Applications in Clinical Neurology and Psychiatry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Functional Near Infrared Optical Brain Imaging Market, By Application Type, 2021- 2031(USD Million)
      1. Parkinson's Disease
      2. Epilepsy
      3. Dementia
      4. Traumatic Brain Injury
      5. Sleep Disorders
      6. Others
    2. Functional Near Infrared Optical Brain Imaging Market, By End User, 2021- 2031(USD Million)
      1. Diagnostic Centers
      2. Hospitals
    3. Functional Near Infrared Optical Brain Imaging Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Artinis Medical Systems
      2. Biopac Systems Inc
      3. Cephalon
      4. Cortech Solutions Inc
      5. Gowerlabs Ltd
      6. Shimadzu Scientific Instruments
      7. Hitachi
      8. NIRx Medical Technologies LLC
  7. Analyst Views
  8. Future Outlook of the Market