Neurology Monitoring Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

Which drivers are expected to have the greatest impact on the over the neurology monitoring market's growth?
The neurology monitoring market is projected to grow due to the increasing occurrence of traumatic brain injuries. Traumatic brain injury (TBI) is damage to the brain due to external impact. Neurology monitoring is used in managing TBI. It assesses brain function, monitors intracranial pressure and detects any neurological changes. This aids healthcare providers in deciding the right treatment and interventions, ensuring prompt and personalized care for patients. For example, in March 2023, the Colorado Department of Human Services, a US government agency, stated that every year around 2.8 million Americans suffer TBI. This results in nearly 2.5 million emergency department visits, 225,000 hospitalizations, and 65,000 deaths per annum. Consequently, the increased incidence of traumatic brain injuries escalates the demand for neurology monitoring. Neurology Monitoring Market Driver: Surge in Neurology Monitoring Market Due to High Prevalence of Neurodegenerative Disorders

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What is the future CAGR of the neurology monitoring market, and how will it impact industry expansion?
The market for neurology monitoring has experienced robust growth in the past few years. Its size is predicted to increase from $6.53 billion in 2024 to $7.01 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. This growth during the historic period is due to factors such as a rise in the number of neurological disorders, an aging population, growing awareness and diagnostics, increasing demand for non-invasive monitoring, and the integration of remote patient monitoring.

In the upcoming years, there is a strong potential for the neurology monitoring market to experience robust growth. It is projected that by 2029, its worth will hit $8.78 billion, sustaining a compound annual growth rate (CAGR) of 5.8%. The forecasted expansion can be credited to factors such as emphasis on early diagnosis and intervention, growth in telemedicine and remote patient monitoring, personalized treatments, and government-led neurology healthcare initiatives. The period of anticipated growth is also expected to see trends like the increase in use of wearable devices for neurology monitoring, incorporation of virtual reality (VR) and augmented reality (AR) in the field, the application of wireless connectivity in these devices, and the emergence of home-based solutions for neurological monitoring. The industry also plans to focus more on multi-modal neurophysiological monitoring systems.

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What are the most significant trends transforming the neurology monitoring market today?
Key market players in the neurological monitoring sector are focusing their efforts on creating breakthrough electroencephalogram (EEG) monitoring technology, such as cloud-connected portable EEG devices, to provide unrivalled services to their clients. A portable EEG device linked with the cloud allows real-time monitoring of brain activity by wirelessly transferring the data to the cloud for distant analysis and storage. For instance, in November 2023, the France-based healthcare firm BioSerenity obtained FDA approval for Neuronaute Plus, an advanced but simplified EEG device it designed. This portable medical instrument collects EEG data that is then sent to the cloud, enabling specialists from Europe, North America, and the U.S. to easily evaluate the recorded data. With its focus on ease of use, it requires minimal training and comes with the Icecap, a cutting-edge EEG electrode net that streamlines the recording process.

Which key market segments comprise the neurology monitoring market and drive its revenue growth?
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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What regions are at the forefront of neurology monitoring market expansion?
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.

Who are the leading players fueling growth in the neurology monitoring market?
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

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What Is Covered In The Neurology Monitoring Global Market Report?

•Market Size Forecast: Examine the neurology monitoring market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the neurology monitoring market for a structured understanding.
•Key Players Overview: Analyze major players in the neurology monitoring market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the neurology monitoring market.
•Segment Contributions: Evaluate how different segments drive overall growth in the neurology monitoring market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the neurology monitoring market.
•Industry Challenges: Identify potential risks and obstacles affecting the neurology monitoring market.
•Competitive Landscape: Review strategic developments in the neurology monitoring market, including expansions, agreements, and new product launches.

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