Brain Monitoring Market Forecasts to 2028 – Global Analysis By Product (Modality, Device), Medical Condition (TBI, Dementia, Parkinson’s Disease), End User (Ambulances, ASCs & Clinics, Hospitals) and By Geography
According to Stratistics MRC, the Global Brain Monitoring Market is accounted for $6.30 billion in 2020 and is expected to reach $11.83 billion by 2028 growing at a CAGR of 8.2% during the forecast period. Increasing incidence and prevalence of neurological disorders, rising awareness of neurodegenerative diseases and growth in the number of traumatic brain injuries are driving the market growth. However, high cost of complex brain monitoring procedures and devices is hampering the growth of the market.
Brain monitoring is exploring the structure and function of the brain through process of identifying any abnormality in the functioning of the brain cells. The process requires the use of several brain monitoring devices which monitor and diagnose neurological conditions to track brain functions such as traumatic brain injury, the velocity of blood flow in the veins and arteries in the case of epilepsy.
Based on the product, the devices segment is going to have lucrative growth during the forecast period due to the rising incidence of psychotic, sleep disorders, neurological, neurodegenerative and the need for early diagnosis, the availability of innovative portable and wearable home-based monitoring devices, and increasing patient awareness. By geography, Asia Pacific is going to have high growth during the forecast period as it offers lucrative opportunities for the market players; due to increase in people suffering from chronic diseases and rise in number of geriatric population in Asia Pacific increases the growth for brain monitoring market.
Some of the key players profiled in the Brain Monitoring Market include Koninklijke Philips N.V. (Philips Healthcare), General Electric Company (GE Healthcare), Siemens Healthineers , Advanced Brain Monitoring, Medtronic, Neural Analytics, Siemens AG, Natus Medical Incorporated , CAS Medical Systems, Nonin Medical Inc., Masimo Corporation, Integra Lifesciences Holding Corporation, Compumedics Ltd., Neurosoft Technologies Ltd., and Yokogawa Electric Corporation.
Estimated Market Size in 2020:
USD 6.30 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
Tables, Graphs& Figures
Product, Medical Condition, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Medical Conditions Covered:
• Traumatic Brain Injury (TBI)
• Sleep Disorders
• Huntington's Disease
• Alzheimer’s Disease
• Stroke Disorder
• Headache Disorders
• Parkinson’s Disease
• Other Medical Conditions
End Users Covered:
• Diagnostic Centers
• Neurological Centers and Research Institutions
• Ambulatory Surgery Centers (ASCs) & Clinics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Brain Monitoring Market is majorly driven by growth in the number of traumatic brain injuries, rising awareness of neurodegenerative diseases and increasing applications in clinical trials.
The traumatic brain injury (TBI) segment is growing at a highest CAGR owing to the growing incidence of TBIs across the globe, leading to high demand for the management of these cases.
North America dominated with a significant market share due to the factors such as increasing burden of neurological disorders, growing incidence of traumatic brain injuries and the increasing number of product approvals across the region.
Asia Pacific market is growing at a highest CAGR due to increase in people suffering from chronic diseases and rise in number of geriatric population in the region.
Key players in Brain Monitoring Market include Koninklijke Philips N.V. (Philips Healthcare), General Electric Company (GE Healthcare), Siemens Healthineers , Advanced Brain Monitoring, Medtronic, Neural Analytics, Siemens AG, Natus Medical Incorporated , CAS Medical Systems, Nonin Medical Inc., Masimo Corporation, Integra Lifesciences Holding Corporation, Compumedics Ltd., Neurosoft Technologies Ltd., and Yokogawa Electric Corporation.
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