Brain Monitoring Market Size (Garner USD 6.59 Billion by 2025): Evolving Trends, Innovations, and Growth Factors
Brain monitoring devices are used to monitor and diagnose neurological conditions by exploring the structure and function of the brain. This process involves the use of several brain monitoring devices such as electroencephalography devices, intracranial pressure monitors, and magnetoencephalography to track brain functions. In addition, these devices help monitor neural and electrical activity in the brain.
Brain Monitoring Market Size is Anticipated to Garner USD 6.59 Billion by 2025, registering a revenue CAGR of 6.9% during the period. The recently released report by Allied Market Research offers a comprehensive analysis of the Brain Monitoring Market, spanning the period from 2022 to 2031. This in-depth research provides invaluable insights into various aspects of the industry, including size, market share, business analysis, growth drivers, and regional forecasts. The Brain Monitoring Market report presents a purposeful overview of the sector, showcasing research methodologies, data synthesis from diverse sources, and a comprehensive market review.
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- Advanced Brain Monitoring, Inc.
- CAS Medical Systems, Inc.
- Compumedics Ltd.
- General Electric Company (GE Healthcare)
- Koninklijke Philips N.V. (Philips Healthcare)
- Medtronic Plc.
- Natus Medical Incorporated
- Neural Analytics, Inc.
- Siemens AG.
- Cadwell Laboratories
- Neurosoft Limited
- Elekta A.B.
- InfraSacn, Inc.
- BrainScope Company, Inc.
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Rise in prevalence of neurological disorders, rapid technological advancements, and increase in geriatric population that is vulnerable to various brain injuries and other disorders have boosted the growth of the global brain monitoring market. However, stringent government regulations and unfavorable reimbursement policies hamper market growth. On the contrary, lucrative opportunities in the untapped market in developing countries are expected to propel the market growth.
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By Product Type
- Electroencephalography (EEG) Devices
- Magnetoencephalography (MEG) Devices
- Transcranial Doppler (TCD) Devices
- Intracranial Pressure (ICP) Monitors
- Cerebral Oximeters
- Magnetic Resonance Imaging (MRI) Devices
- Computerized Tomography (CT) Devices
- Positron Emission Tomography (PET) Devices
- Sleep Monitoring Devices
- Electromyography (EMG) Devices
- Accessories
By Procedure
- Invasive
- Non-invasive
By Application
- Epilepsy
- Dementia
- Parkinsonβs Disease
- Huntingtonβs Disease
- Headache Disorders
- Stroke
- Traumatic Brain Injuries
- Sleep Disorders
- Other Diseases
Asia-Pacific region is projected to manifest the fastest CAGR of 9.2% during the forecast period, owing to increase in awareness regarding the importance of predictive analytics and large number of R&D activities for the development of predictive analytics tools in the developing regions. However, North America region held the largest share, contributing more than two-fifths of the market share in 2017, owing to high adoption rate of predictive analytics software and well-established healthcare infrastructure. The report includes analysis of other regions such as Europe and Latin America, Middle East and Africa (LAMEA).
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Key Benefits for the Brain Monitoring Market:
- This report provides a detailed quantitative analysis of the current market trends and future estimations from 2022 to 2032, which assists to identify the prevailing market opportunities.
- An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
- A comprehensive analysis of the factors that drive and restrain the growth of the global brain monitoring market is provided.
- An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
By Region Outlook
- North America
(U.S., Canada, Mexico) - Europe
(Germany, France, UK, Italy, Spain, Rest of Europe) - Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific) - LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of βMarket Research Reportsβ and βBusiness Intelligence Solutions.β AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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