Global Brain Monitoring Market by Product, Disease, End User and Region - Forecast to 2025

News provided by

Aug 20, 2020, 07:30 ET

DUBLIN, Aug. 20, 2020 /PRNewswire/ -- 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 2025" report has been added to ResearchAndMarkets.com's offering.

The global brain monitoring market is expected to reach USD 8,561.7 million by 2025 from USD 6,336.4 million in 2020, at a CAGR of 6.2% during the forecast period.

Increasing incidence of neurological disorders and rising awareness of neurodegenerative diseases are set to drive the Brain Monitoring market.

The brain monitoring market is mainly driven by factors such as the increasing incidence and prevalence of neurological disorders, rising awareness of neurodegenerative diseases, growth in the number of traumatic brain injuries, and rising applications of brain monitoring in clinical trials.

The increasing demand for non-invasive and minimally invasive devices, the expanding therapeutic applications of brain monitoring devices, and the growing healthcare market in emerging economies are also expected to provide opportunities for growth for players in the market. On the other hand, the high cost of complex brain monitoring procedures and devices, unfavorable reimbursement policies, and the shortage of trained professionals to effectively operate brain monitoring devices 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.

Based on the 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.

Research Coverage

The report segments the brain monitoring market based on region (Asia Pacific, Europe, North America, and RoW), product (devices and accessories), disease type (traumatic brain injury (TBI), stroke, dementia, headache disorders, sleep disorders, Parkinson's disease, epilepsy, Huntington's disease, and other diseases), end-user (into hospitals, neurology centers, diagnostic centers, ASCs & clinics, and other end-users). The report also provides a comprehensive review of market drivers, restraints, and opportunities in the Brain Monitoring market.

The brain monitoring market is dominated by a few globally established players such as Natus Medical, Inc. (US), Nihon Kohden Corporation (Japan), Philips Healthcare (Netherlands), GE Healthcare (US), Siemens Healthineers (Germany), Compumedics, Ltd. (Australia), Medtronic (Ireland), CAS Medical Systems, Inc. (US), Drgerwerk AG & Co. KGaA (Germany), Advanced Brain Monitoring (US), Masimo Corporation (US), Spiegelberg GmbH & Co. KG (Germany), Cadwell Industries (US), NeuroWave Systems, Inc. (US), Nonin Medical, Inc. (US), Integra LifeSciences Corporation (US), Neurosoft (Russia), and Rimed (US)

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Brain Monitoring: Market Overview
4.2 Brain Monitoring Market, by Product
4.3 Brain Monitoring Market, by End-user
4.4 Geographic Snapshot of the Global Brain Monitoring Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Incidence and Prevalence of Neurological Disorders
5.2.1.2 Rising Awareness of Neurodegenerative Disorders
5.2.1.3 Growing Incidence of Traumatic Brain Injuries
5.2.1.4 Increasing Applications in Clinical Trials
5.2.2 Restraints
5.2.2.1 High Cost of Complex Brain Monitoring Procedures and Devices
5.2.2.2 Unfavorable Reimbursement Policies
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Non-Invasive and Minimally Invasive Devices
5.2.3.2 Expanding Therapeutic Applications of Brain Monitoring Devices
5.2.3.3 Growing Healthcare Market in Emerging Economies
5.2.4 Challenges
5.2.4.1 Shortage of Trained Professionals
5.2.4.2 Issues Related to Product Approval and Commercialization
5.3 Impact of COVID-19 on Brain Monitoring Market

6 Brain Monitoring Market, by Product
6.1 Introduction
6.2 Devices
6.3 Accessories

7 Brain Monitoring Market, by Medical Condition
7.1 Introduction
7.2 Traumatic Brain Injury
7.3 Stroke
7.4 Dementia
7.5 Headache Disorders
7.6 Sleep Disorders
7.7 Parkinson's Disease
7.8 Epilepsy
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 Ambulatory Surgery Centers (ASCs) & Clinics
8.5 Diagnostic Centers
8.6 Other End-users

9 Brain Monitoring Market, by Region
9.1 Introduction
9.2 North America
9.3 Europe

Companies Mentioned

Advanced Brain Monitoring
CAS Medical Systems
Cadwell Industries
Compumedics
Draegerwerk AG & Co. KGaA
GE Healthcare
Integra LifeSciences Corporation
Masimo Corporation
Medtronic
Natus Medical Inc.
NeuroWave Systems
Neurosoft
Nihon Kohden Corporation
Nonin Medical
Philips Healthcare
Rimed
Siemens Healthineers
Spiegelberg GmbH & Co. KG

For more information about this report visit https://www.researchandmarkets.com/r/841g9i

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets