Press release
Brain Monitoring Market 2022 Overview and Key Drivers Supporting Growth Through 2030 | EMOTIV, Masimo, Medtronic, Neurosoft
The Global Brain Monitoring Market size is expected to reach USD 11.2 billion by 2030, at a CAGR of 7.1% during the forecast period.Brain Monitoring is a medical technique that involves the measurement of brain activity, which can be used to diagnose and treat a wide range of neurological disorders. The brain monitoring market includes devices and technologies used to monitor brain activity, such as electroencephalography (EEG) and magnetoencephalography (MEG) devices. The brain monitoring market is expected to grow significantly in the coming years, driven by the increasing prevalence of neurological disorders and the rising demand for non-invasive brain monitoring techniques.
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The primary driver of the brain monitoring market is the increasing prevalence of neurological disorders. Neurological disorders, such as epilepsy, Alzheimer's disease, and Parkinson's disease, are a growing public health concern, affecting millions of people worldwide. Brain monitoring techniques, such as EEG and MEG, can help diagnose and monitor these disorders, allowing for earlier intervention and better patient outcomes. Another driver of this market is the growing geriatric population. The elderly population is more susceptible to neurological disorders, and the aging population is expected to increase significantly in the coming years. Brain monitoring can help provide early detection and monitoring of neurological disorders in the elderly, improving the quality of life for this population.
Despite the potential benefits, there are some restraints that are hindering the growth of the brain monitoring market. One of the major challenges faced by manufacturers is the high cost of brain monitoring devices. These devices are often expensive, making them unaffordable for many patients and healthcare providers. Manufacturers need to focus on developing cost-effective solutions to make brain monitoring more accessible. Another restraint is the lack of skilled professionals to operate and interpret brain monitoring devices. Brain monitoring requires specialized skills and knowledge, and there is a shortage of trained professionals in this field. Manufacturers need to invest in training programs and educational initiatives to address this shortage and ensure that brain monitoring is used effectively and appropriately.
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Key Players Influencing the Brain Monitoring Market:
Advanced Brain Monitoring Inc., Compumedics Limited, EMOTIV, GE Healthcare, Koninklijke Philips N.V., Masimo, Medtronic, Natus Medical Incorporated, Neurosoft, Nihon Kohden Corporation amongst other industry participants.
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Our 420+ Pages Report titled, Brain Monitoring Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Brain Monitoring Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Brain Monitoring Market:
By Component
Products
Devices
Accessories
Software
Services
By Disease Indication
Sleep Disorder
Epilepsy
Brain Tumor
Stroke
Traumatic Brain Injury (TBI)
Others
By Application
Invasive Procedure
Non-Invasive Procedure
By Age Group
Pediatric
Adult
By End Users
Hospitals & Clinics
Diagnostic Centers
Ambulatory Surgical Centers
Research Institutions
Home Care
Others
By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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