Brain Monitoring Market Scenario
The brain monitoring market has gained significant growth due to increasing incidence and prevalence of neurological disorders, rising awareness of neurodegenerative disorders, growing incidence of traumatic brain injuries, and the increasing applications of brain monitoring in clinical trials. However, stringent government regulations and unfavourable reimbursement policies are some of the major factor hampering the global market growth.
Brain Monitoring Market Segmentation
The brain monitoring market is segmented by product, disease type, end user and geography. The products studied in the brain monitoring market are devices (intracranial pressure monitors, electroencephalography devices, cerebral oximeters, sleep monitoring devices, TCD devices, meg devices, electromyography devices, MEI, CT and PET) and accessories (electrodes, wet electrodes, dry electrodes, needle electrodes, sensors, pastes and gels, caps, batteries, cables and other accessories. Furthermore, various diseases studied in the brain monitoring market are traumatic brain injuries, stroke, dementia, headache disorders, sleep disorders, epilepsy, Parkinson disease, Huntington disease and others. Likewise, brain monitoring are used in various end user such as hospitals, neurology centers, clinics & ambulatory surgical centers, diagnostic centers, ambulances and other end users. Based on Geography, the brain monitoring market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Brain Monitoring Market by Geography
Geographically, the brain monitoring market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the North America is anticipated to hold the major share of the global brain monitoring market, while Asia Pacific is expected to be the fastest-growing region in the projection period. Growth in the market in Asia Pacific is mainly driven by the rising geriatric population, the availability of low-cost labour and skilled manpower and upsurge in disposable incomes.
Brain Monitoring Market Key Players
Some of the major players operating in the global brain monitoring market includes Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Siemens Healthineers (A Division of Siemens AG), Compumedics Limited, Medtronic PLC, CAS Medical Systems, Inc., Advanced Brain Monitoring, Inc., Drägerwerk AG & Co. KGaA, Masimo, Spiegelberg GmbH & Co. Kg, Cadwell Industries, Inc., Neurowave Systems Inc., Nonin, Integra Lifesciences Corporation, Neurosoft and Rimed. Market players are involved in new product launches and acquisitions to exploit maximum revenue potential in global Brain Monitoring market.
Brain Monitoring Market Report Key Benefits