Brain Monitoring Devices Industry - Technological Advancements | Future Growth Aspects

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The global brain monitoring market is expected to reach USD 12.22 Billion by 2021 from USD 8.80 Billion in 2016, growing at a CAGR of 6.8% from 2016 to 2021.

(EMAILWIRE.COM, June 23, 2017 ) Browse 309 market data tables and 46 figures spread through 288 pages and in-depth TOC on "Brain Monitoring Market"
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The increasing incidence of neurological disorders, rising awareness about neurodegenerative diseases, growth in the number of traumatic brain injuries, and technological advancements are major factors driving the demand for brain monitoring devices.

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.

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The brain monitoring market is segmented on the basis of product, disease type, end user, and region. On the basis of product, the market is segmented into devices and accessories. The devices segment is expected to account for the largest share of the global brain monitoring market in 2016. 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 of this segment.

North America, comprising the U.S. and Canada, is expected to account for the largest share of the global brain monitoring market in 2016. The overall growth of the brain monitoring market in North America is primarily driven by the growing incidence of various neurodegenerative and sleep disorders, availability of insurance coverage for brain monitoring techniques, and government initiatives to support technological advancement in the field of neurosciences.

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The prominent players in the brain monitoring market are Natus Medical Inc. (U.S.), Nihon Kohden Corporation (Japan), Philips Healthcare (Netherlands), GE Healthcare (U.K.), Siemens Healthineers (Germany), Compumedics Ltd. (Australia), Electrical Geodesics Incorporated (U.S.), Medtronic plc (Ireland), CAS Medical Systems, Inc. (U.S.), and Advanced Brain Monitoring (U.S.).

Market Stakeholders:

• Companies Manufacturing Brain Monitoring Devices and Accessories
• Healthcare Institutions (Hospitals and Outpatient Clinics)
• Distributors and Suppliers of Brain Monitoring Devices and Accessories
• Diagnostic Centers
• Neurological Centers
• Health Centers/Clinics
• Research Institutes
• Market Research and Consulting Firms

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