Global Brain Monitoring Device Market
The Global Brain Monitoring Device Market is projected to grow from USD 5.6 Bn in 2021 to USD 6.86 Bn by 2027 at a CAGR of over 7.22% during the forecast period that is from 2022-2027.
Neuro-diagnostic devices which is employ to screen and examine brain capacities by recording any abnormality in the brain working are known as brain monitoring devices. Brain Monitoring instruments are chiefly used to monitor and diagnose neurological conditions by analyzing the structure and functions of the brain. These instruments help in checking the electrical and neural movement in the brain. The Global Brain Monitoring Device also employ to show and break down neurological circumstances by detecting the design and ability of the brain. Moreover, brain monitoring is important in genuine clinical circumstances where how much growth of neurologic injury obscure.
Market Drivers
Elevated figure of neurological disorders owing to evolving lifestyle, increasing stress level, extreme changes in social condition have collectively raised the interest in the brain monitoring device market.
Additionally, technological advancement is anticipated to drive the market growth during the forecast period. At present, these instruments are used for understanding the states of patients undergo epilepsy, Alzheimer’s disease, brain cancer, sclerosis. Therefore, increase in patient pool undergoing such circumstances is expected to augment the growth of the worldwide brain monitoring device market. The market is further flourishing owing to the increasing number of post-surgical cerebrovascular accidents. These rates have developed and enlarged interest in computerizes brain monitoring devices in clinics and hospitals to apprehend effect of sedatives and anesthesia.
Market Restraints
Strict government law and unfavourable compensate policies are anticipated to hamper the market growth in the upcoming period. High-cost brain monitoring surgeries and device are the major elements restraining the growth of The Global Brain Monitoring Device Market chiefly in developing countries with poor remunerate policies. Maintenance cost and other related indirect charges rise the total cost of ownership of these devices, so that limiting their adoption.
The Global Brain Monitoring Device Market is segmented into Product Type, Application, Procedure & End User. By Product type such as Magnetoencephalography (MEG) Devices, Electroencephalography (EEG) Devices, Intracranial Pressure (ICP) Monitors, Transcranial Doppler (TCD) Devices, Cerebral Oximeters, Computerized Tomography (CT) Devices, Magnetic Resonance Imaging (MRI) Devices, Positron Emission Tomography (PET) Devices, Sleep Monitoring Devices, Electromyography (EMG) Devices and Accessories. By Application such as Dementia, Epilepsy, Parkinson's Disease, Headache Disorders, Huntington's Disease, Traumatic Brain Injuries, Stroke, Sleep Disorders, Others. By Procedure such as Invasive, Non-invasive. By End User such as Hospitals, Neurological Centers, Diagnostic Centers
The Global Brain Monitoring Device Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America influences the brain monitoring service market in 2021 and is anticipated to maintain its influence over the forecast period owing to rising incidences of neurological diseases together with the rising clinical trials of these products in the countries along with US & Canada. Asia pacific market is expected to grow at a significant step in the upcoming years due to rising population of geriatric people in countries such as Japan & China.
Various Key Players are listed in this report such as General Electric Company (GE Healthcare), Natus Medical Incorporated, Medtronic Plc., Electrical Geodesics, Inc., Advanced Brain Monitoring, Inc. Siemens AG, CAS Medical Systems, Inc., Compumedics Ltd., Koninklijke Philips N.V. (Philips Healthcare)
By Product type
By Application
By Procedure
By End User
By Region
Global Brain Monitoring Device Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Brain Monitoring Device Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Coating Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Brain Monitoring Device Market Share Analysis, By Product Type
5.3 Global Brain Monitoring Device Market Size and Forecast, By Product Type
5.3.1 Magnetoencephalography (MEG) Devices
5.3.2 Electroencephalography (EEG) Devices
5.3.3 Intracranial Pressure (ICP) Monitors
5.3.4 Transcranial Doppler (TCD) Devices
5.3.5 Cerebral Oximeters
5.3.6 Computerized Tomography (CT) Devices
5.3.7 Magnetic Resonance Imaging (MRI) Devices
5.3.8 Positron Emission Tomography (PET) Devices
5.3.9 Sleep Monitoring Devices
5.3.10 Electromyography (EMG) Devices and Accessories.
6 Global Brain Monitoring Device Market, By Procedure
6.1 Y-o-Y Growth Comparison, By Procedure
6.2 Global Brain Monitoring Device Market Share Analysis, By Procedure
6.3 Global Brain Monitoring Device Market Size and Forecast, By Procedure
6.3.1 Invasive
6.3.2 Non-invasive
7 Global Brain Monitoring Device Market, By End-user
7.1 Y-o-Y Growth Comparison, By End-user industry
7.2 Global Brain Monitoring Device Market Share Analysis, By End-user
7.3 Global Brain Monitoring Device Market Size and Forecast, By End-user
7.3.1 Hospitals
7.3.2 Neurological Centers
7.3.3 Diagnostic Centers
8 Global Industrial Coating Market, By Region
8.1 Global Brain Monitoring Device Market Share Analysis, By Region
8.2 Global Brain Monitoring Device Market Share Analysis, By Region
8.3 Global Brain Monitoring Device Market Size and Forecast, By Region
9 North America Brain Monitoring Device Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Brain Monitoring Device Share Analysis, By Product Type
9.3 North America Brain Monitoring Device Size and Forecast, By Procedure
9.4 North America Brain Monitoring Device Size and Forecast, By End-user
9.6 North America Brain Monitoring Device Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Brain Monitoring Device Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Brain Monitoring Device Share Analysis, By Product Type
10.3 Europe Brain Monitoring Device Size and Forecast, By Procedure
10.4 Europe Brain Monitoring Device Size and Forecast, By End-user industry
10.6 Europe Brain Monitoring Device Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Brain Monitoring Device Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Brain Monitoring Device Share Analysis, By Product Type
11.3 Asia Pacific Brain Monitoring Device Size and Forecast, By Procedure
11.4 Asia Pacific Brain Monitoring Device Size and Forecast, By End-user industry
11.6 Asia Pacific Brain Monitoring Device Size and Forecast, By Country
11.6.1 China
11.7.2 Japan
11.8.3 India
11.8.4. Rest of Asia Pacific
12 Latin America Brain Monitoring Device Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Brain Monitoring Device Share Analysis, By Product Type
12.3 Latin America Brain Monitoring Device Size and Forecast, By Procedure
12.4 Latin America Brain Monitoring Device Size and Forecast, By End-user industry
12.6 Latin America Brain Monitoring Device Size and Forecast, Country
12.7.1. Brazil
12.8.2. Rest of Latin America
13 Middle East Brain Monitoring Device Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Brain Monitoring Device Share Analysis, By Product Type
13.3 Middle East Brain Monitoring Device Size and Forecast, By Procedure
13.4 Middle East Brain Monitoring Device Size and Forecast, By End-user industry
13.6 Middle East Brain Monitoring Device Size and Forecast, By Country
13.7.1. Saudi Arabia
13.8.2. UAE
13.8.3. Egypt
13.9.4. Kuwait
13.10.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 General Electric Company (GE Healthcare)
15.1.1 Overview
15.1.2 Types
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Natus Medical Incorporated
15.2.1 Overview
15.2.2 Types
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Medtronic Plc.
15.3.1 Overview
15.3.2 Types
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Electrical Geodesics, Inc
15.4.1 Overview
15.4.2 Types
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Advanced Brain Monitoring, Inc.
15.5.1 Overview
15.5.2 Types
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Siemens AG
15.6.1 Overview
15.6.2 Types
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 CAS Medical Systems, Inc
15.7.1 Overview
15.7.2 Types
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Compumedics Ltd.
15.8.1 Overview
15.8.2 Types
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Koninklijke Philips N.V. (Philips Healthcare)
15.9.1 Overview
15.9.2 Types
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
