Global Brain Monitoring Devices Market Trends By Types And Application, Forecast Analysis To 2024| Philips Healthcare, Metronic PLC, GE Healthcare, Siemens Healthcare, Natus Medical Incorporated, Compumedics Limited
An all inclusive Brain Monitoring Devices report contains basic, secondary and advanced information related to the global status, recent trends, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2020-2024. Market research analysis data included in this report lend a hand to businesses for planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Furthermore, Brain Monitoring Devices report presents the data and information for actionable, most recent and real-time market insights which makes it easier to even take critical business decisions.
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.
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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.
Brain Monitoring Devices Market Development
CortiCare, Inc. announced the acquisition of Physicians Ancillary Services in April 2019. This acquisition will help the company to enhance their EEG service and will also help them to integrate brain monitoring diagnostic technologies so they can provide better services to their customer.
Brain monitoring market is supposed to witness growth during the forecast period due to growing demand at the end user level. The report encompasses the key players along with their share (by volume) in key regions such as APAC, EMEA, and Americas and the challenges faced by them. The analysis covered in this market document gives an assessment of various segments that are relied upon to witness the quickest development amid the approximated forecast frame. brain monitoring market analysis report delivers an extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various points of views.
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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.
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.
Key Pointers Covered in the Brain Monitoring Devices Market Industry Trends and Forecast to 2024
Market New Sales Volumes
Market Replacement Sales Volumes
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
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