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Global Brain Monitoring Market Outlook to 2029

Healthcare | Q1 2024 | Report ID: MSR02620
Global Brain Monitoring Market Outlook to 2029

Report Description

The brain monitoring devices market encompasses various medical devices and equipment designed to monitor multiple aspects of brain function. According to Marketstack, the Global Brain Monitoring Market is expected to grow considerably during the forecasted period. Factors such as the extended prevalence of neurological conditions necessitate practical diagnostic and monitoring tools expected to drive the brain monitoring market in the forecasted period. Further, increased focus on brain-related research creates a demand for sophisticated monitoring devices capable of collecting precise data for neurology, psychiatry, and cognitive science studies, which are expected to drive the Brain Monitoring Market in the forecasted period. Furthermore, neuroimaging has witnessed remarkable technological advancements, including functional MRI (fMRI), PET scans, and magnetoencephalography (MEG), expected to drive the Brain Monitoring Market in the forecasted period. However, the growth of the Brain Monitoring Market and the high research cost of complex brain monitoring procedures and devices are expected to restrain the Brain Monitoring Market in the forecasted period.

The escalating incidence and prevalence of neurological disorders are rising the growth of the brain monitoring market. The global occurrence and prevalence of neurological disorders, such as epilepsy, dementia, Parkinson's disease, headache disorders, multiple sclerosis, neuro infections, Huntington's disease, stroke, and cerebral palsy, have increased significantly. Brain disorders, which consist of consist of a combination of developmental, neurodegenerative diseases, and psychiatric are an elevating cause of morbidity across the globe. This can primarily be attributed to the ever-increasing senior population. The growing incidence of these neurological disorders has made monitoring brain and neurological functions extremely important. Many neurological diseases and conditions are progressive, and their risk surges with age. The popularity of other diseases and conditions, like sickle-cell diseases and cardiac disorders, is also rising. Cardiac processes sometimes affect the normal functioning of the brain, which is a major factor propelling the demand for brain monitoring devices. One of the primary reasons for the escalation of the global industry throughout the predicted period is a growth in the incidence of neurological illnesses with a surge in the elderly demographic. An increase in head damage instances worldwide is also fueling the development of the worldwide industry. Raised intracranial hypertension is a significant source of subsequent brain destruction, and ICP measurement has become an important element of head imaging following brain trauma. Further, other illnesses and ailments, including sickle cell illness and heart abnormalities, are increasing. Cardiac operations occasionally interfere with regular mind activity, an additional important cause predicted to drive the head monitoring product industry demand in the projected period. 

North America is poised to capture a significant share of the brain monitoring device market, driven by several factors. The region advantages from a well-established healthcare infrastructure, increased healthcare expenditure, and a rising ageing population, key market growth drivers. Additionally, continuous product launches by major players and an incidence of brain disorders in the region are expected to impact market growth positively. The integration of brain monitoring devices with telemedicine platforms presents a significant opportunity. Telemedicine allows for remote monitoring of patient's brain health, enabling healthcare providers to assess and diagnose neurological conditions without physical presence. Companies work on device connectivity and compatibility with telehealth systems to capitalize on this opportunity. The concept of personalized medicine is increasing momentum and brain monitoring devices play a crucial role in tailoring treatment plans for individuals with neurological disorders. Personalized monitoring can lead to more effective interventions and improved patient outcomes. Manufacturers invest in data analytics and machine learning capabilities to harness this opportunity to interpret patient-specific data. The electroencephalography (EEG) machine is a device that captures the brain's electrical activity through electrodes placed on a person's scalp. These electrodes record brain wave patterns, which are then transferred to a computer or cloud server for analysis.

EEG machines are becoming increasingly important in intensive care units (ICUs) as they allow for real-time monitoring of the cerebral activity of critically ill patients. The primary reason for obtaining an EEG in the ICU is to detect seizures in patients with and without acute brain injury. The increasing need for non-invasive and minimally invasive devices is driving the growth of the brain monitoring market. Invasive monitoring is a painful, complex, and risky process involving direct intervention with sensitive brain tissue. Therefore, doctors and patients are highly inclined to use non-invasive or minimally invasive brain monitoring devices. Due to their advantages, there has been a rapid growth in the demand for non-invasive ICP monitors, tympanic membrane displacement procedures, TCD devices, optic nerve sheath diameter, CT scan/MRI, and fundoscopy, which are reliable alternatives to advanced techniques, compelling players in this market to grow and commercialize such products. Brain monitoring requires expensive devices and machinery, and the process is complex, so the need for trained professionals cannot be avoided. Nurses and doctors at the hospitals are trained in performing these functions, due to this, the complex devices used in the monitoring of the brain are readily available at the hospitals or the speciality care centres where exact reports can be obtained with the help of these people. Most of these devices are extremely expensive, and acquiring these devices for home use is impossible. The number of patients that visit the hospitals for various brain conditions is significantly more as compared to any other segments, due to which the availability of such devices is higher in the hospitals, and the use of these devices is also significantly more as compared to all the other segments in the market.

The market key players are Medtronic PLC, Integra LifeSciences Corporation, Nihon Kohden Corporation, Masimo Corporation, and Natus Medical Incorporated.

In February 2022, Masimo received FDA clearance for its SedLine brain function monitoring for pediatric patients (1-17 years of age) and the SedLine Pediatric EEG Sensor. This clearance expands the potential benefits of SedLine to all patients, one-year-old and above, in the United States. SedLine uses Masimo's advanced signal processing technology to help clinicians monitor brain activity bilaterally by processing electroencephalogram (EEG) signals from Masimo's four-lead SedLine EEG sensors.

Our Global Brain Monitoring Market report provides deep insight into the current and future state of the market across various regions. Also, the study comprehensively analyzes the Brain Monitoring market by segments based on the Product Type (Magnetoencephalograph, Electroencephalograph, Cerebral Oximeters, Functional Magnetic Resonance Imaging (fMRI), Intracranial Pressure Monitoring Devices, and Other Product Types), Application (Parkinson's Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, and Other Applications), End User (Hospitals and Diagnostic Centers), and by Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers & includes emerging market trends, market developments, market opportunities, market size, market analysis, market dynamics, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market share and projects.

 

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Brain Monitoring Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Brain Monitoring Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Brain Monitoring Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

North America Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United States Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Canada Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Mexico Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Europe Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United Kingdom Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Germany Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Other Supporting Charts

Italy Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

France Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Spain Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Europe Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South America Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Brazil Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Argentina Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of South America Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Asia-Pacific Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

China Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

India Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Japan Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Korea Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Asia-Pacific Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Middle East & Africa Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Saudi Arabia Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Africa Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Middle-East & Africa Brain Monitoring Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

  Who need this report?

  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Brain Monitoring Market Outlook to 2029.pdf
Market Data - Global Brain Monitoring Market Outlook to 2029.xls

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