Brain Monitoring Devices Market Size – Industry Analysis, Share, Growth, Trends, Top Key Players and Regional Forecast 2028

Global Brain Monitoring Devices Market Estimated to Grow, due to High Demand in Critical Settings
Improvement in functionality, user-friendliness and cost effectiveness of new brain monitoring devices enabled with technological advancements and the growing demand for brain monitoring devices in the pre-surgery and post-surgery stages will fuel the future growth of this market. Rising demand of brain monitoring devices and its installations in critical care settings such as the ICU (intensive care unit) will also ensure healthy growth of this market in the future.

According to the assessment of the WHO in 2011 the global prevalence of multiple sclerosis and epilepsy was calculated at 50 million and 2.5 million respectively.

The presence of high incidence rates of diseases leading to brain disorders such as epilepsy, Alzheimer’s disease, brain tumors and multiple sclerosis will also serve this market as high impact rendering drivers.

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This detailed market study covers market growth potentials, which can assist the stakeholders to understand key trends and prospects in market identifying the growth opportunities and competitive scenarios.

Key Players Launch Advanced Products to Sustain Growth

As per the recent trends, the companies have various strategic collaborations and the growing support of government and healthcare agencies are expected to have a synergistic effect on the market. Such developments lead to partnership and boost the market competition.
1. Oct 31, 2019 -In U.S., Medtronic launched advanced Patient Programmer technology for Deep Brain Stimulation (DBS) therapy.
2. DEC 3, 2019 – Raumedic, a medical technology manufacturer, has launched a new home use device, named Raumed Home ICP, for intracranial pressure (ICP) monitoring.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT
Analysis:

1. Medtronic PLC
2. Integra LifeSciences Corporation
3. Nihon Kohden Corporation
4. Masimo Corporation
5. Natus Medical Incorporated

Key Factors Impacting Market Growth:
1. The rise in the prevalence of neurological disorders
2. Advancements in technology will boost market growth
3. The high cost of devices and procedures will restrain the market growth

North America Market to Profit from Favorable Reimbursement Policies

North America held a major portion of the global market as the region has a strong healthcare infrastructure. The high adoption of technology along with a large number of mobile device users have given this market an edge over other regions. The brain monitoring devices market in North America is also being encouraged by affordable healthcare plans and the supportive regulatory framework. The significant rise in the geriatric population has contributed to the increasing demand for the brain monitoring devices market in North America. Research suggests that increasing patient awareness about benefits of brain monitoring devices to treat disorders such as Alzheimer’s disease, sleep apnea, and epilepsy amongst others will also propel the regional market.

This report provides:

1) An overview of in-depth analysis of the global market and related technologies.
2) Study of global market trends, annual growth rate projections for compounds (CAGRs), and yearly estimates.
3) Identification of new market opportunities and targeted consumer marketing strategies for the global market.
4) Analysis of R&D and demand for new technologies and new applications
5) Broad company profiles of important players in the industry.

The scholars have studied the market in-depth and have established important segments such as application, product type, and region. Every segment and its sub-segments are comprehensively studied based on their growth prospects, market share, and CAGR. Qualitative and quantitative information is offered in each market segment with in-depth information for offering a complete market outlook.

Market Segmentation:
By Type:
• EEG (Electroencephalograph)
• MEG (Magnetoencephalography)
• Oximeters
• Doppler Devices
• Pressure Monitors
• CT (Computerized Tomography)
• Others

By Procedure Type:
• Invasive
• Non-Invasive

By Application:
• Hospitals
• Diagnostic Centers

By Region:
• North America
o By Country (US, Canada, Mexico)
o By Type
o By Procedure Type
o By Application

• Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Procedure Type
o By Application

• Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Procedure Type
o By Application

• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Procedure Type
o By Application

• Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Procedure Type
o By Application

• Rest of the World
o By Region (South America, Africa)
o By Type
o By Procedure Type
o By Application

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This release was published on openPR.