Press release
Brain Monitoring Market to reach USD 9.59 Bn by 2029, emerging at a CAGR of 6.5 percent and forecast 2023-2029
Brain Monitoring Market
Report Scope
Maximize Market Research's report provides a holistic view of the Brain Monitoring Market, offering a blend of qualitative and quantitative data. The analysis delves into the global Brain Monitoring Market in-depth, including forecasts for key market segments. It further presents market size and forecast estimates for five crucial regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America, spanning from 2022 to 2029. This comprehensive report goes the extra mile by segmenting the Brain Monitoring Market into countries and sectors within each region.
Research Methodology
To ensure the utmost accuracy and reliability, Maximize Market Research has employed a bidirectional data gathering and processing approach for EEG signals. This innovative research methodology aids medical professionals in monitoring brain activity under anesthesia.
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Brain Monitoring Market Dynamics:
Market Drivers
The Brain Monitoring Market's robust growth is fueled by the increasing incidence and prevalence of neurological disorders, including dementia, epilepsy, Parkinson's disease, Huntington's disease, headache disorders, multiple sclerosis, neuro infections, stroke, and cerebral palsy. These conditions have witnessed a significant surge in global prevalence. To combat these ailments, tracking brain and neurological processes has become imperative. The report also highlights the influence of cardiac procedures on brain activity, further stimulating the demand for brain monitoring equipment.
Market Restraints
However, the high cost associated with brain monitoring procedures and devices poses a notable restraint, especially in underdeveloped regions with less robust reimbursement systems. The complex nature of brain monitoring technologies and the cost-intensive procedures can limit market growth.
Brain Monitoring Market Regional Insights:
• North America maintained the highest revenue share in 2022 at 35.6%. The prevalence of chronic eye disorders and the widespread availability of commercialized eye health supplements have played a pivotal role in this region's dominance. Additionally, North America benefits from an upsurge in product releases for Brain Monitoring.
• On the other hand, the Asia Pacific market is poised for rapid growth throughout the forecast period. The region's thriving local market players, innovative and cost-effective eye health supplements, and the emergence of contract manufacturing hubs for Brain Monitoring in countries like China, India, and the Philippines are all significant factors contributing to its growth. The rising awareness of eye health and the increasing incidence of eye-related diseases further fuel market expansion in this region.
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Brain Monitoring Market Segmentation:
by Product Type
Magneto encephalography
Electroencephalograph
Cerebral Oximeters
Functional Magnetic Resonance Imaging
Intracranial Pressure Monitoring Devices
Others
by Application
Parkinson's Disease
Traumatic Brain Injury
Epilepsy
Dementia
Sleep Disorder
Others
by End Users
Hospitals & Clinics
Neurology Centres
Ambulatory Surgery Centers
Diagnostic Centers
Others
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Brain Monitoring Market Key Players:
1. Natus Medical, Inc.
2. Nihon Kohden Corporation
3. Philips Healthcare
4. GE Healthcare
5. Siemens Healthineers
6. Compumedics, Ltd.
7. Medtronic
8. CAS Medical Systems, Inc.
9. Drägerwerk AG & Co. KGaA
10.Advanced Brain Monitoring
11.Masimo Corporation
12.Spiegelberg GmbH & Co. KG
13.Cadwell Industries
14.NeuroWave Systems, Inc.
15.Nonin Medical, Inc.
16.Integra LifeSciences Corporation
17.Neurosoft
18.Rimed
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Table of content for the Brain Monitoring Market includes:
1. Global Brain Monitoring Market: Research Methodology
2. Global Brain Monitoring Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Brain Monitoring Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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