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Brain Monitoring Devices Market: Full In-depth Analysis by Regional Outlook, Latest Trend, Share, Growth, Size, Application and Forecast to 2024
The report Brain Monitoring Devices Market by key players highlights the essential market dynamics of Brain Monitoring Devices Market sector. The efficiency of this segment has been studied deeply along with the noteworthy challenges and forthcoming growth opportunities and prospective. The report focuses in decision making abilities and supports to make effective counter strategies in order to achieve competitive advantage. Current market scenario of the segment and forecasts of the market situation have also been bounded in this market report.Data Bridge Market Research Adds “Brain Monitoring Devices Market – Industry Trends and Forecast to 2025” new report to its research database. The report spread No of Pages: 350 No of Figures: 60 No of Tables: 220 in it.
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This comprehensive Brain Monitoring Devices Market Research report includes a brief on these trends that can help the organizations operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market CAGR, Volume, industry share And size, demand and trend growth, key segments, and key drivers and restrains.
Global Brain Monitoring Market is expected to reach USD 2.0 billion by 2024 from USD 1.2 billion in 2016, at a CAGR of 7.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors: Global Brain Monitoring Devices Market
Some of the major players operating in Global Brain Monitoring Devices Market are:-
• Nihon Kohden Corporation,
• Philips Healthcare,
• Metronic PLC,
• GE Healthcare,
• Siemens Healthcare,
• Natus Medical Incorporated,
• Compumedics Limited,
• Electrical Geodesics, Inc.
• CAS Medical Systems Inc,
• Advanced Brain Monitoring,
• B. Braun Medical,
• Becton,
• Dickinson & Company,
• DePuySynthes Companies,
• Cadwell Industries, Inc,
• Masimo Corporation,
• Elekta AB (pub),
• Integra LifeSciences Corporation,
• Rimed Inc.,
• Yokogawa Electric Corporation,
• EMOTIV Inc., and
• Neural Analytics, among others.
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Competitive Analysis: Global Brain Monitoring Devices Market
The global brain monitoring market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. For example, in March 2017, Medtronic plc received FDA 510(k) clearance for Reveal LINQ(TM) Insertable Cardiac Monitor (ICM) with TruRhythm(TM) Detection which is an advanced cardiac monitor offering improved accuracy to better identify abnormal heartbeats.
Market Definition: Global Brain Monitoring Devices Market
Brain monitoring is the process of tracking the activity of various parameters associated with the functionality of the brain. These include electrical activity, blood flow & magnetic activity, pressure surrounding the brain, cerebral oxygen, saturation & anomalies such as tumors or infections. The various tools available for brain monitoring include electroencephalography (EEG), magnetoencephalography (MEG) & intracranial pressure monitors.
Market Segmentation: Global Brain Monitoring Devices Market
Global brain monitoring market is segmented on the basis of product, application, end-user and by geography.
Based on product type, the brain monitoring devices market is categorized into devices and accessories. Factors such as increasing incidence of neurological, neurodegenerative, psychotic, and sleep disorders; the need for early diagnosis; availability of innovative portable and wearable home-based monitoring devices; and increasing patient awareness are driving the growth for the brain monitoring market.
Based on procedure, the brain monitoring devices market is segmented into invasive and non-invasive procedures. The risk of complications such as hemorrhage and infections is lower in non-invasive procedures, resulting in their higher uptake. Moreover, there is greater focus on research for the development of advanced non-invasive devices for brain monitoring. These are some of the major factors driving the market growth for non-invasive brain monitoring in the forecast period.
Based on the geographical regions the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America, and the Rest of the World (RoW). North America is estimated to account for the largest share of the market in 2015. The market in Asia is poised to witness the highest growth, attributed to factors such as increasing aging population, availability of low-cost labor and skilled manpower, increase in disposable incomes, rising prevalence of neurodegenerative disorders, and increasing government emphasis on healthcare reforms in the region.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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