Global Brain Monitoring Device Market Size, Trends, & Growth Opportunities, By Product Type, By Application, By Procedure, By End User, By Region & market forecast till 2027.
Global Brain Monitoring Device Market
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.
Market Segmentation
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
Regional Analysis
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.
Key Players
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)
Market Taxonomy
By Product type
- 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.
- Dementia
- Epilepsy
- Parkinson's Disease
- Headache Disorders
- Huntington's Disease
- Traumatic Brain Injuries
- Stroke
- Sleep Disorders
- Others.
- Invasive
- Non-invasive
- Hospitals
- Neurological Centers
- Diagnostic Centers
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa.
- 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
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