Neurology Monitoring Market Overview, Outlook, Insights, Drivers, Demand, Analysis 2024-2033

"The new report published by The Business Research Company, titled ""Neurology Monitoring Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the neurology monitoring market size has grown strongly in recent years. It will grow from $6.08 billion in 2023 to $6.53 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The neurology monitoring market size is expected to see strong growth in the next few years. It will grow to $8.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.

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Growing Incidence Of Traumatic Brain Injuries Expanding Neurology Monitoring Market
The growing incidence of traumatic brain injuries is expected to propel the growth of the neurology monitoring market going forward. Traumatic brain injury (TBI) refers to damage to the brain brought on by an external force or trauma. Neurology monitoring is employed for the management of traumatic brain injuries (TBIs) to evaluate the patient's brain function, monitor intracranial pressure, and identify any changes in neurological status, which assists medical professionals in making decisions about treatment plans and interventions, ensuring that patients receive timely and individualized care. For instance, in March 2023, according to the Colorado Department of Human Services (CDHS), a US-based government agency, every year, it is estimated that 2.8 million Americans experience a traumatic brain injury leading to nearly 2.5 million emergency department visits, 225,000 hospitalizations and 65,000 deaths annually. Therefore, the growing incidence of traumatic brain injuries drives the neurology monitoring market.

Increasing Focus On Technological Advancements To Provide Reliable Services To Their Customers
Major companies operating in the neurology monitoring market are focusing on developing innovative electroencephalogram (EEG) monitoring devices, such as Ceribell Rapid Response EEG Device to provide reliable services to their customers. The Rapid EEG is the first of its kind cloud-linked device that provides real-time awareness of harmful brain patterns. For instance, in May 2021, Inspira Health, a US-based healthcare company, launched the new Ceribell Rapid Response EEG monitoring device. This device consists of a headband with built-in electrodes, a pocket-sized recorder with user-friendly software, and a web gateway for remote viewing. The Ceribell Rapid Response EEG includes cloud-linked, portable electroencephalogram (EEG) equipment that enables EEG examinations within minutes, ensuring quick diagnosis and treatment of seizures.

The neurology monitoring market covered in this report is segmented -

1) By Product Type: Magnetic Resonance Imaging (MRI) Devices, Electroencephalography Devices, Cerebral Oximeters, Intracranial Pressure Monitors, Other Product Types
2) By Disease Type: Traumatic Brain Injury (TBI), Stroke, Sleep Disorders, Parkinson's Disease, Epilepsy, Other Disease Types
3) By End User: Hospitals, Neurology Centers, Diagnostic Centers, Advancing Surgical Care And Clinics, Other End Users

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Major companies operating in the neurology monitoring market report are Medtronic plc, Siemens Healthcare GmbH, GE Healthcare, Philips Healthcare, Drägerwerk AG & Co. KgaA, Masimo Corporation, Nihon Kohden Corporation, Integra LifeSciences Corporation, Natus Medical Incorporated, Raumedic AG, Neurosoft LLC, Cadwell Laboratories Inc., Compumedics Limited, Sophysa SA, Electrical Geodesics Inc., BrainScope Company Inc., G.Tec Medical Engineering GmbH, Persyst Development Corporation, Advanced Brain Monitoring Inc., NeuroWave Systems Inc., Spiegelberg GmbH & Co. KG, BrainMaster Technologies Inc., DEYMED Diagnostic s.r.o., Inomed Medizintechnik GmbH, Novela Neurotechnologies Inc

Contents of the report:
1. Executive Summary
2. Neurology Monitoring Market Report Structure
3. Neurology Monitoring Market Trends And Strategies
4. Neurology Monitoring Market - Macro Economic Scenario
5. Neurology Monitoring Market Size And Growth
…..
27. Neurology Monitoring Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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