Brain Monitoring System Market Growth and Forecast 2016-2026
Brain Monitoring System Market: Drivers and Restraints
Increasing incidence of neurological and brain disorders is the major driver expected to fuel the global brain monitoring system market during the forecast period. According to World Health Organization findings neurological and cerebrovascular disorders respectively contributed to 2% and 4.3% of worldwide weight of illness in 2005. Technological advancement, increasing demand due to post-surgical cerebrovascular accidents, prevalence of trauma injury are some additional factors expected to drive the growth of global brain monitoring devices market. However, high cost of devices will always remain as a restraint for the growth of global brain monitoring systems market.
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Brain Monitoring System Market: Segmentation
The global brain monitoring system market has been classified on the basis product type, technique, end use and geography.
Based on product type, the global brain monitoring system market is divided into following:
Intracranial Pressure Monitor Systems
Trans-cranial Doppler sonography
Supporting systems/ Accessories
Based on technique, the global brain monitoring system market is divided into following:
Functional near-infrared spectroscopy
Brain tissue oxygen tension monitoring
Based on end user type, the global blood canner treatment market is divided into following:
Brain Monitoring System Market: Overview
EEG segment is expected to hold a greater share in global brain monitoring system market as it is used as a first-line diagnostic test for tumors, stroke and other focal disorders of a brain. Increasing number of FDA approvals and expanding R&D expenditure by the innovator companies are expected to expand the market volume of global brain monitoring system market. Several investigational devices for brain monitoring such as NeMo Probe, NeuroSENSE are expected to launch in the market during the forecast period.
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Brain Monitoring System Market: Regional Overview
Geographically, the global brain monitoring system market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is anticipated to contribute for the larger share in global brain monitoring system market owing to increasing aging population and high level of awareness. Western Europe market is expected grow moderately due to saturation in technology.
Brain Monitoring System Market: Key Players
Some of the key players in global brain monitoring system market include Advanced brain monitoring, Inc., Medtronic, Virtual Expo group, Covidien, Plc., Braintronics, Masimo, Aspect Medical Systems, Inc., CAS Medical Systems, Inc., Cortech solutions, Inc., GE Healthcare, Philips N.V., Integra LifeSciences Corporation, NeuroPace, Inc etc. Larger part of the manufactureres are delivering EEG frameworks attributable to its more noteworthy use.
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