Shaping the Neurology Monitoring Market in 2025: Increasing Focus On Technological Advancements To Provide Reliable Services To Their Customers

How Big Is the Neurology Monitoring Market Expected to Be, and What Will Its Growth Rate Be?
The neurology monitoring market has shown strong growth in recent years. It is projected to increase from $6.53 billion in 2024 to $7.01 billion in 2025, at a CAGR of 7.2%. The market's historical expansion has been driven by a rising prevalence of neurological disorders, a growing aging population, increased awareness and diagnosis rates, the demand for non-invasive monitoring solutions, and the integration of remote patient monitoring technologies.

The neurology monitoring market is projected to see strong growth, reaching $8.78 billion by 2029 at a CAGR of 5.8%. Growth is driven by a focus on early detection and intervention, expanded telemedicine and remote monitoring, personalized medicine, and government initiatives for neurological healthcare. Trends include the adoption of wearable neurological devices, integration of VR and AR, wireless connectivity in monitoring devices, home-based monitoring solutions, and multi-modal neurophysiological monitoring systems.

What Are the Primary Growth Drivers for the Neurology Monitoring Market?
The rising frequency of traumatic brain injuries is likely to contribute to the growth of the neurology monitoring market. A traumatic brain injury (TBI) results from external force or trauma affecting brain function. Neurology monitoring plays a critical role in managing TBIs by assessing brain function, tracking intracranial pressure, and identifying neurological changes, aiding healthcare professionals in making informed treatment decisions and ensuring timely, personalized patient care. For instance, in March 2023, the Colorado Department of Human Services (CDHS), a US-based government agency, estimated that 2.8 million Americans experience TBIs annually, leading to nearly 2.5 million emergency visits, 225,000 hospitalizations, and 65,000 deaths each year. Therefore, the increasing occurrence of traumatic brain injuries is fueling the expansion of the neurology monitoring market.

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Who Are the Dominant Companies Influencing Neurology Monitoring Market Trends?
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

How Is the Neurology Monitoring Market Evolving?
Key players in the neurology monitoring market are advancing electroencephalogram (EEG) monitoring technologies, including cloud-linked portable EEG devices, to provide reliable solutions. These cloud-connected EEG devices allow real-time brain activity monitoring by wirelessly transmitting data for remote analysis and storage. For example, in November 2023, BioSerenity, a France-based healthcare firm, received FDA clearance for Neuronaute Plus, a user-friendly, portable EEG device. Designed to collect EEG data for cloud-based analysis, this device enables specialists across Europe, Canada, and the U.S. to review recordings with ease. Additionally, it features the Icecap, an innovative EEG electrode net that simplifies data recording and minimizes training requirements.

What Are the Different Segmentations in the Neurology Monitoring Market?
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

Subsegments:
1) By Magnetic Resonance Imaging (MRI) Devices: Functional MRI (fMRI), Closed MRI Systems, Open MRI Systems, Portable MRI Systems
2) By Electroencephalography (EEG) Devices: Portable EEG Devices, Wireless EEG Devices, Ambulatory EEG Devices, Clinical EEG Devices
3) By Cerebral Oximeters: Non-Invasive Cerebral Oximeters, Handheld Cerebral Oximeters
4) By Intracranial Pressure Monitors: Invasive Intracranial Pressure Monitors, Non-Invasive Intracranial Pressure Monitors
5) By Other Product Types: Electromyography (EMG) Devices, Transcranial Doppler (TCD) Devices, Evoked Potential Systems, Near-Infrared Spectroscopy (NIRS) Devices

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Which Region Is at the Forefront of the Neurology Monitoring Market?
North America was the largest region in the neurology monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neurology monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Neurology Monitoring Global Market Report?

- Market Size Analysis: Analyze the Neurology Monitoring Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Neurology Monitoring Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Neurology Monitoring Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Neurology Monitoring Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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