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Analysis of Brain Monitoring Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

Brain

The “Brain Monitoring Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Brain Monitoring Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Brain Monitoring market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Brain Monitoring Market Are:

  • Natus Medical Incorporated
  • Medtronic PLC
  • Integra Lifesciences Holding Corporation (Integra Lifesciences)
  • Compumedics
  • Nihon Kohden Corporation
  • Masimo Corporation
  • Elekta AB
  • Advanced Brain Monitoring Inc.
  • Cadwell Laboratories

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    Market Overview:

  • The global brain monitoring market was valued at USD 1,514.52 million in 2018, and is estimated to be valued at USD 2,430.18 million in 2024, witnessing a CAGR of 8.20%. The key factors propelling the growth of this market are ageing demographic, rising incidence of brain disorders, and ease of use and portability of devices. The initial models of EEG monitors were loaded with wires and electrodes, and even in current practice, a vast majority of devices are based on this conventional architecture. But with the advent of wireless technology, the size and clumsiness of EEG monitors and other related devices have been drastically reduced. Wireless monitors are devices that do not require wired connections or cords for diagnosis. Nowadays, wireless headsets allow readings to be done completely in a non-invasive way, and in some cases, assess patients from the comfort of their homes. Wireless technology mainly allows the recording device to be detached from the computer and communicate through wireless signals to the computer from a distance of up to 10 or 20 meters. These devices are simple, affordable, and comfortable to wear and are powered by a single AAA battery. Portable brain monitoring devices are lightweight, easy to carry, and can be held in the hand.
  • Thus, the portability of such devices is propelling the growth of the market, as people are moving toward handier and easy-to-access types of devices.

    Scope of the Report:

  • The global brain monitoring market report analyzes the market trends of various brain monitoring devices, in addition to the future growth and regional markets of the same. As per the , the market has been segmented based on product, modality, end user, and geography.

    Brain Monitoring Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Brain Monitoring market?
    • What are the key market trends impacting the growth of the global Brain Monitoring market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Brain Monitoring market?
    • What are the market opportunities and threats faced by the vendors in the global Brain Monitoring market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Brain Monitoring market?

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    Key Market Trends:

    Electroencephalograph is Expected to hold its Highest Market Share in the Product Type Segment

    Under the product type segmentation of the market, electroencephalograph is believed to have the largest market size and is expected to witness a CAGR of 8.25%, during the forecast period.

    Electroencephalography (EEG) is the recording of electrical activity along the scalp, produced by the firing of neurons within the brain. In clinical contexts, EEG refers to the recording of the brain’s spontaneous electrical activity over a short period of time, usually 20–40 minutes, as recorded from multiple electrodes placed on the scalp. In neurology, the main diagnostic application of EEG is in the case of epilepsy, as epileptic activity can create clear abnormalities on a standard EEG study. A secondary clinical use of EEG is in the diagnosis of coma, encephalopathy, and brain death. Recently, Masimo got FDA clearance for next-generation SedLine brain function monitoring. SedLine helps clinicians monitor the state of the brain under anesthesia, with bilateral acquisition and processing of four leads of electroencephalogram (EEG) signals.

    Increasing brain disorders and increasing technological advancements are driving the EEG market and are expected to further increase in the coming years.

    North America Dominates the Market and Expected to do Same in the Forecast Period

    North America currently dominates the market for brain monitoring and is expected to continue its stronghold for a few more years. The United States holds the largest share of the global brain monitoring market. According to the US National Institute of Mental Health (NIMH), it has been estimated that one in four American adults suffer from a diagnosable mental disorder in any given year, and nearly 6% suffer from serious disabilities. The same source has also stated that the total cost of serious mental illness in the United States exceeds USD 317 billion, per year.

    Factors, such as favorable reimbursement policies, increasing technological advancements (including the development of mobile EEG machines, real-time monitoring, and alerts) have driven the growth of the market in the United States.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Brain Monitoring Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Brain Monitoring.

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    Report Objectives:

    • Analyzing the size of the Brain Monitoring market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Brain Monitoring market.
    • Determining the key dynamics of the Brain Monitoring market.
    • Highlighting significant trends of the Brain Monitoring market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Brain Monitoring market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Brain Monitoring market.

    Detailed TOC of Brain Monitoring Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Aging Demographic
    4.2.2 Rise in Incidences of Brain Disorders
    4.2.3 Ease of Use and Portability of Devices
    4.3 Market Restraints
    4.3.1 Regulatory Approval Costs
    4.3.2 Lack of Skilled Personnel to Handle Devices
    4.3.3 Intra-operative Awareness
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Magnetoencephalograph
    5.1.2 Electroencephalograph
    5.1.3 Oximeters
    5.1.4 Doppler Devices
    5.1.5 Pressure Monitors
    5.1.6 Other Product Types
    5.2 By Modality
    5.2.1 Portable Devices
    5.2.2 Fixed Devices
    5.3 By End User
    5.3.1 Hospitals
    5.3.2 Diagnostic Centers
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 United Kingdom
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Natus Medical Incorporated
    6.1.2 Medtronic PLC
    6.1.3 Integra Lifesciences Holding Corporation (Integra Lifesciences)
    6.1.4 Compumedics
    6.1.5 Nihon Kohden Corporation
    6.1.6 Masimo Corporation
    6.1.7 Elekta AB
    6.1.8 Advanced Brain Monitoring Inc.
    6.1.9 Cadwell Laboratories

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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