The report on global brain monitoring market provides qualitative and quantitative analysis for the period of 2017 to 2023. According to report the global brain monitoring market is expected to grow at a CAGR between 6.5% and 7.0 % over the forecast period of 2017 - 2023. The global market size was USD 8.23 billion in 2015.
Figure 1: Global Brain Monitoring Market by Value 2015 - 2023
The report identified that global brain monitoring is driven by factors such as incidence and prevalence of neurological disorders are increased, technological advancements, rising awareness of neurodegenerative disorders and incidence of traumatic brain injuries are growing. While the restraining factors include unfavorable compensation policies and high cost of brain monitoring devices and procedure. Further, the report identifies the opportunities in the world market as expanding therapeutic applications of brain monitoring devices, increasing application in clinical trials and growing demand for noninvasive and minimally invasive devices.
The report on global brain monitoring market covers the segments based on product, disease type, and end user. The product of brain monitoring includes accessories and devices. The disease type segment includes parkinson’s disease, traumatic brain injuries, epilepsy, headache disorders, stroke, dementia, sleep disorders, huntington’s disease and other diseases. On the basis of end user hospitals, diagnostic centers, neurology centers, ambulances, clinics & ambulatory surgical centers and other end users.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography are provided over the period of 2017 – 2023.
Figure 2: Global Brain Monitoring Market by Region 2015 - 2023
Globally, North America market dominated the world brain monitoring market followed by Europe and Asia-Pacific. Furthermore, Asia Pacific market is expected to grow at the highest CAGR over the forecast period 2017-2023.
The report provides profiles of the companies in the global brain monitoring market such as Electrical Geodesics Incorporated, Natus Medical Inc, Philips Healthcare, Medtronic plc, GE Healthcare, Siemens Healthineers, Nihon Kohden Corporation, Compumedics Ltd., CAS Medical Systems, Inc., biosemi, and Advanced Brain Monitoring.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global brain monitoring market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of brain monitoring market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the brain monitoring market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.This report will help manufacturers, suppliers and distributors of the brain monitoring market to understand the present and future trends in this market and formulate their strategies accordingly.
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