Global Brain Monitoring Market forecast and trends 2019 to 2024

Global Brain Monitoring Market is expected to reach USD 2.0 billion by 2024 from USD 1.2 billion in 2016, at a CAGR of 7.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

This brain monitoring market research report makes available state-of-the-art information about the entire market along with the holistic view of the market. One of the greatest and quickest ways to collect information for the business in this fast-paced industry is market research or secondary research. With the help of brain monitoring market report, the data and realities of the medical device industry can be focused which continues the business operations on the right path. It also assesses the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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Some of the major players operating in Global Brain Monitoring Devices Market are Nihon Kohden Corporation, Philips Healthcare, Metronic PLC, GE Healthcare, Siemens Healthcare, Natus Medical Incorporated, Compumedics Limited, Electrical Geodesics, Inc. CAS Medical Systems Inc, Advanced Brain Monitoring, B. Braun Medical, Becton, Dickinson & Company, DePuySynthes Companies, Cadwell Industries, Inc, Masimo Corporation, Elekta AB (pub), Integra LifeSciences Corporation, Rimed Inc., Yokogawa Electric Corporation, EMOTIV Inc., and Neural Analytics, among others.

Competitive Analysis:

The global brain monitoring market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. For example, in March 2017, Medtronic plc received FDA 510(k) clearance for Reveal LINQ(TM) Insertable Cardiac Monitor (ICM) with TruRhythm(TM) Detection which is an advanced cardiac monitor offering improved accuracy to better identify abnormal heartbeats.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
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Market Segmentation: Global Brain Monitoring Devices Market

Global brain monitoring market is segmented on the basis of product, application, end-user and by geography.
Based on product type, the brain monitoring devices market is categorized into devices and accessories. Factors such as increasing incidence of neurological, neurodegenerative, psychotic, and sleep disorders; the need for early diagnosis; availability of innovative portable and wearable home-based monitoring devices; and increasing patient awareness are driving the growth for the brain monitoring market.
Based on procedure, the brain monitoring devices market is segmented into invasive and non-invasive procedures. The risk of complications such as hemorrhage and infections is lower in non-invasive procedures, resulting in their higher uptake. Moreover, there is greater focus on research for the development of advanced non-invasive devices for brain monitoring. These are some of the major factors driving the market growth for non-invasive brain monitoring in the forecast period.
Based on the geographical regions the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America, and the Rest of the World (RoW). North America is estimated to account for the largest share of the market in 2015. The market in Asia is poised to witness the highest growth, attributed to factors such as increasing aging population, 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.

Recent Developments:

Brain monitoring is the process of tracking the activity of various parameters associated with the functionality of the brain. These include electrical activity, blood flow & magnetic activity, pressure surrounding the brain, cerebral oxygen, saturation & anomalies such as tumors or infections. The various tools available for brain monitoring include electroencephalography (EEG), magneto encephalography (MEG) & intracranial pressure monitors.

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