Brain Health Devices Market Rapid Growth By Leading Players BrainScope Company, Inc., Bio-Signal Group Corp., Cadwell Industries, Inc. Advanced Brain Monitoring, Inc., Compumedics Ltd., Elekta,

Brain Health Devices Market is expected to have a highly positive outlook for the next five years 2018–2026 according to a recently released Brain Health Devices Market research report. The report has been added in his large database by Coherent Market Insights.
FDA approval of the first handheld medical device Ahead 300 launched by BrainScope is expected to propel the brain health devices market

Major players involved in the global brain health devices market include BrainScope Company, Inc., Bio-Signal Group Corp., Cadwell Industries, Inc. Advanced Brain Monitoring, Inc., Compumedics Ltd., Elekta, DePuy Synthes, Electrical Geodesics, Inc., Medtronic, GE Healthcare, MEG International Services Ltd, Natus Medical, Inc., Neurowave Systems Inc., Nihon Kohden Corporation, and Philips Healthcare. The key players are focusing on strategic mergers and acquisitions and development of innovative products. For instance, in 2016, Food and Drug Administration (FDA) approved the first handheld medical device named Ahead 300, launched by BrainScope Company, Inc. for assessing traumatic brain injury.

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The major factor contributing to growth of the brain health devices market is the rising number of Alzheimer’s cases. For instance, According to the Alzheimer’s Association, in 2017, over 5 million people are estimated to be suffering from Alzheimer’s disease, which is also reported to be the sixth-leading cause of death in the U.S. Furthermore, growing geriatric population, rising number of traumatic brain injury cases, and rampant advancements in technology such as brain biomarkers, gene therapy, stem cell therapy and smart brain prosthetics are contributing to growth of the brain health devices market. Furthermore, diagnosis and treatment neurodegenerative diseases through the microbiome and neuroimaging techniques further augments market growth. However, high costs of these devices are responsible for hindering market growth.
Brain Health Devices Market Taxonomy

The global brain health devices market is segmented on the basis of devices, application, end user, and geography

On the basis of devices, the global brain health devices market is segmented into
Magnetic Resonance Imaging
Magneto Encephalogram
Computed Tomography
Electro Encephalogram
Intracranial Pressure Monitors
Transcranial Doppler Devices

On the basis of application, the global brain health devices market is segmented into
Stroke
Epilepsy
Headache Disorders
Dementia
Parkinson’s disease
Traumatic Brain Injuries
Dyslexia
Others

On the basis of end user, the global brain health devices market is segmented into
Hospitals
Specialty Clinics
Others

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Furthermore, high adoption of advanced technologies such as Pacifica, Pala-linq, and Spire and Fisher Wallace Stimulator have also contributed to growth of the brain health devices market in the U.S. Moreover, Asia Pacific is expected to be the fastest-growing region in the global brain health devices market. According to the Journal of Nature, China launched brain imaging factory in 2017 that will help researchers to map neural connectivity for the studies of Alzheimer’s disease to brain inspired artificial intelligence projects.

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