The Global Brain Monitoring Market Report, published by Emergen Research, offers an industry-wide assessment of the Brain Monitoring market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development. The current trends of the Brain Monitoring market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Brain Monitoring market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Brain Monitoring industry.
The global brain monitoring market size is expected to reach USD 10.30 Billion at a steady revenue CAGR of 6.5% in 2030, according to latest analysis by Emergen Research. Rising prevalence of TBI is a major factor driving market revenue growth. Brain monitoring devices are used to monitor and diagnose neurological conditions by exploring structure and function of brain. This method includes use of various brain imaging instruments to monitor brain processes such as electroencephalography devices, intracranial pressure sensors, and magnetoencephalography. For instance, TBI is responsible for around 52,000 fatalities in the U.S. each year. Mortality rate for fatalities outside of the hospital is roughly 17 per 100,000 individuals, while rate for hospitalized patients is approximately 6 per 100,000 individuals. Each year, an estimated 475,000 TBIs occur among children aged 0-14 years. According to National Institutes of Health Consensus Development Panel on Rehabilitation of Persons with TBI, 2.5-6.5 million Americans have TBI-related disability. In addition, increased prevalence of traumatic brain injury leads to increased necessity for brain monitoring, thus driving market revenue growth.
The latest report is the most recent study that offers 360° coverage of the Brain Monitoring industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Brain Monitoring market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
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Segmental Analysis
The global Brain Monitoring market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Brain Monitoring sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Product Outlook (Revenue, USD Billion; 2019–2030)
- Magnetic Resonance Imaging (MRI) Scanners
- Computed Tomography (CT) Scanners
- Electroencephalogram (EEG) Devices
- Positron Emission Tomography (PET) Scanners
- Sleep Monitoring Devices
- Cerebral Oximeters
- Electromyography (EMG) Devices
- Intracranial Pressure Monitoring (ICP) Monitors
- Magnetoencephalography (MEG) Devices
- Transcranial Doppler (TCD) Devices
- Accessories
- Electrodes
- Wet Electrodes
- Dry Electrodes
- Needle Electrodes
- Sensors
- Pastes Gels
- Caps
- Batteries
- Cables
- Others
- Electrodes
- Others
Procedure Outlook (Revenue, USD Billion; 2019–2030)
- Invasive
- Non-Invasive
Medical Condition Outlook (Revenue, USD Billion; 2019–2030)
- Traumatic Brain Injury
- Stroke
- Dementia
- Headache Disorders
- Sleep Disorders
- Parkinson’s Disease
- Epilepsy
- Huntington Disease
- Others
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Brain Monitoring market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Brain Monitoring market into various regions, including:
- North America (U.S., Canada)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
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Competitive Terrain:
The Global Brain Monitoring Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
Natus Medical Incorporated, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., General Electric, Siemens Healthcare GmbH, Compumedics Limited, Medtronic, Edwards Lifesciences Corporation, Advanced Brain Monitoring, Inc., Drägerwerk AG Co. KGaA
Report Highlights:
- The report conducts a comparative assessment of the leading market players participating in the global Brain Monitoring market.
- The report marks the notable developments that have recently taken place in the Brain Monitoring industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Brain Monitoring market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
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