Overall growth of brain monitoring market in North America is primarily driven by the growing incidence of various neurodegenerative and sleep disorders, availability of insurance coverage for brain monitoring techniques, and government initiatives to support technological advancement in the field of neurosciences. North America, comprising U.S. and Canada, is expected to account for the largest share of the global brain monitoring market in 2016.
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Global brain monitoring market is expected to reach USD 12.22 Billion by 2021 from USD 8.80 Billion in 2016, growing at 6.8% CAGR to 2021. Increasing incidence of neurological disorders, rising awareness about neurodegenerative diseases, growth in number of traumatic brain injuries, and technological advancements are major factors driving demand for brain monitoring devices.
On other hand, shortage of trained professionals to effectively operate brain monitoring devices and unfavorable reimbursement policies are restraining growth of this market.
Complete Report on Brain Monitoring Market spread across 288 Pages, Profiling 11 Companies and Supported with 309 Tables and 46 Figures is now available at www.rnrmarketresearch.com/brain-monitoring-market-by-product-eegmagnetoencephalography-meg-intracranial-pressure-monitorcerebral-oximeter-transcranial-doppler-application-sleep-disorders-epilepsytraumatic-brain-i-market-report.html .
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The brain monitoring market segmented into hospitals, neurology centers, clinics & ambulatory surgical centers (ASCs), ambulances, & end users. In 2016, hospitals segment expected to dominate global brain monitoring market.
Hospitals have access to all kinds of equipment for proper diagnosis and also inflow of patients is considerably higher in hospitals as compared to other healthcare settings.
Brain Monitoring Market Research Report has Following Stakeholders
- Companies Manufacturing Brain Monitoring Devices and Accessories
- Healthcare Institutions (Hospitals and Outpatient Clinics)
- Distributors and Suppliers of Brain Monitoring Devices and Accessories
- Diagnostic Centers
- Neurological Centers
- Health Centers/Clinics
- Research Institutes
- Market Research and Consulting Firms
The brain monitoring market is segmented into hospitals, neurology centers, clinics and ambulatory surgical centers (ASCs), ambulances, and other end users. In 2016, hospitals segment is expected to dominate global brain monitoring market.
Hospitals have access to all kinds of equipment for proper diagnosis and also inflow of patients is considerably higher in hospitals as compared to other healthcare settings. Moreover, hospitals have a better capacity to afford the high installation and maintenance costs of these complex devices.
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The brain monitoring market is segmented on basis of product, disease type, end user, & region. On basis of product, market segmented into devices & accessories.
Devices segment is expected to account for largest share of global brain monitoring market in 2016. Factors like increasing incidence of neurological, neurodegenerative, psychotic, & sleep disorders; need for early diagnosis; availability of innovative portable & wearable home-based monitoring devices; and increasing patient awareness are driving growth of this segment.
1 Increasing Incidence and Prevalence of Neurological Disorders
2 Rising Awareness of Neurodegenerative Disorders
3 Technological Advancements in Brain Monitoring Devices
4 Growing Incidence of Traumatic Brain Injuries
Natus Medical Inc. (U.S.), Nihon Kohden Corporation (Japan), Philips Healthcare (Netherlands), GE Healthcare (U.K.), Siemens Healthineers (Germany), Compumedics Ltd. (Australia), Electrical Geodesics Incorporated (U.S.), Medtronic plc (Ireland), CAS Medical Systems, Inc.
(U.S.), and Advanced Brain Monitoring (U.S.).
Connect for More Details for More Information “Brain Monitoring Market by Product (MRI, CT, PET, EEG, EMG, MEG, TCD, ICP, Electrodes, Sensors, Gels, Cables), Procedure (Invasive, Non-Invasive), Disease (TBI, Stroke, Dementia, Epilepsy) & End User (Hospital, Clinic, ASC, Ambulance) - Forecasts to 2021” report @ www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=72727 .
The brain monitoring market on basis of product is segmented into devices & accessories. Based on disease type market segmented into epilepsy, dementia, Parkinson’s disease, Huntington’s disease, headache disorders, strokes, traumatic brain injuries, sleep disorders, & other diseases.
On basis of end user, brain monitoring market segmented into hospitals, neurological centers, ambulances, diagnostic centers, ambulatory surgical centers (ASCs)/clinics, & end users. Geographically, the market is segmented into North America, Europe, Asia, & Rest of the World.
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