The "Brain Monitoring Market by Product (Device, MRI, CT, PET, EEG, EMG, MEG, TCD, ICP, Electrode, Paste, Gel, Battery, Cable, Invasive), Disease (TBI, Stroke, Dementia, Epilepsy, Headache, Sleep) & End User (Hospital, Clinic, ASC) - Global Forecasts to 2024" report has been added to ResearchAndMarkets.com's offering.
The global brain monitoring market is expected to reach 11.6 billion by 2024 from USD 8.7 billion in 2019, at a CAGR of 6.1% during the forecast period.
The increasing incidence and prevalence of neurological disorders and rising awareness of neurodegenerative disorders are the key factors driving the brain monitoring market.
Some factors responsible for the growth of this market are the increasing incidence of neurological disorders, rising awareness about neurodegenerative diseases, growth in the number of traumatic brain injuries, and increasing applications of brain monitoring in clinical trials. On the other hand, the shortage of trained professionals to effectively operate brain monitoring devices and unfavorable reimbursement policies are restraining the growth of this market.
The devices segment is expected to account for the largest share of the brain monitoring devices market in 2019.
By product, the global brain monitoring market is categorized into devices and accessories. The devices segment is expected to hold the largest share of the brain monitoring market in 2019. This is mainly due to the rising incidence of neurological, neurodegenerative, psychotic, and sleep disorders; the need for early diagnosis; the availability of innovative portable and wearable home-based monitoring devices; and increasing patient awareness.
The electrodes segment to register the highest growth rate in the forecast period.
The electrodes segment is expected to register the highest growth rate in the forecast period. Technological advancements have enhanced the tissue interface of electrodes and facilitated the development of cost-effective, high-performance electrodes in this market. In addition, the introduction of disposable electrodes has also greatly driven their adoption and the growth of this market segment.
North America to be the largest regional segment in the brain monitoring market during the forecast period.
Story continues
On the basis of region, the global brain monitoring market is divided into North America, Europe, Asia, and the RoW. North America is expected to hold the largest share of the global brain monitoring market in 2019, while Asia is projected to be the fastest-growing region in the forecast period. Growth in the market in Asia is due to the growing geriatric population, the availability of low-cost labor and skilled manpower, increase in disposable incomes, rising prevalence of neurodegenerative disorders, and increasing government emphasis on healthcare reforms in the region.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of revenue numbers for the overall brain monitoring market and its subsegments. This report will also help stakeholders understand the competitive landscape and gain insights to better position their business and make suitable go-to-market strategies. It will also enable stakeholders to understand the pulse of the market and provide them with information on the key market drivers, challenges, and opportunities.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data30
2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
6 Brain Monitoring Market, By Product
6.1 Introduction
6.2 Devices
6.3 Accessories
7 Brain Monitoring Market, By Disease Type
7.1 Introduction
7.2 Traumatic Brain Injuries
7.3 Stroke
7.4 Dementia
7.5 Headache Disorders
7.6 Sleep Disorders
7.7 Epilepsy
7.8 Parkinson's Disease
7.9 Huntington's Disease
7.10 Other Diseases
8 Brain Monitoring Market, By End User
8.1 Introduction
8.2 Hospitals
8.3 Neurology Centers
8.4 Clinics & Ambulatory Surgical Centers
8.5 Diagnostic Centers
8.6 Ambulances
8.7 Other End Users
9 Brain Monitoring Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 APAC
9.5 Rest of the World (RoW)
10 Competitive Landscape
10.1 Market Share Analysis
10.2 Competitive Leadership Mapping
10.3 Competitive Situation and Trends
11 Company Profiles
11.1 Introduction
11.2 Natus Medical Inc.
11.3 Nihon Kohden Corporation
11.4 Philips Healthcare
11.5 GE Healthcare
11.6 Siemens Healthineers (A Division of Siemens AG)
11.7 Compumedics Limited
11.8 Medtronic PLC
11.9 CAS Medical Systems, Inc.
11.10 Advanced Brain Monitoring, Inc.
11.11 Drgerwerk AG & Co. KGaA
11.12 Masimo
11.13 Spiegelberg GmbH & Co. Kg
11.14 Cadwell Industries, Inc.
11.15 Neurowave Systems Inc.
11.16 Nonin
11.17 Other Key Players
11.17.1 Integra Lifesciences Corporation
11.17.2 Neurosoft
11.17.3 Rimed
For more information about this report visit https://www.researchandmarkets.com/r/8tae8e
View source version on businesswire.com: https://www.businesswire.com/news/home/20191227005174/en/
Contacts
ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900
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Global Brain Monitoring Market Expected to Generate a Value of USD 11.6 Billion by end of Forecast Period, 2019-2024 - ResearchAndMarkets.com - Yahoo...
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