Global Brain Monitoring Market Forecast to 2030

A Global Brain Monitoring Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Brain Monitoring industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Brain Monitoring market, this study covers qualitative and quantitative aspects of the Brain Monitoring market. In addition to historical data from 2018 to 2019, the research study provides an accurate forecast until 2030 for the Brain Monitoring market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.

The global brain monitoring market size is expected to reach USD 10.30 Billion at a steady revenue CAGR of 6.5% in 2030, according to latest analysis by Emergen Research. Rising prevalence of TBI is a major factor driving market revenue growth. Brain monitoring devices are used to monitor and diagnose neurological conditions by exploring structure and function of brain. This method includes use of various brain imaging instruments to monitor brain processes such as electroencephalography devices, intracranial pressure sensors, and magnetoencephalography. For instance, TBI is responsible for around 52,000 fatalities in the U.S. each year. Mortality rate for fatalities outside of the hospital is roughly 17 per 100,000 individuals, while rate for hospitalized patients is approximately 6 per 100,000 individuals. Each year, an estimated 475,000 TBIs occur among children aged 0-14 years. According to National Institutes of Health Consensus Development Panel on Rehabilitation of Persons with TBI, 2.5-6.5 million Americans have TBI-related disability. In addition, increased prevalence of traumatic brain injury leads to increased necessity for brain monitoring, thus driving market revenue growth.

A significant factor impeding market revenue growth is the high cost of brain monitoring equipment. For instance, brain diagnostic testing has shown to be both costly and time-consuming. Between USD 500,000 to USD $3,000,000 can be spent on an fMRI machine for neuroscience research. Compared to an EEG unit, a hospital-grade fNIRS system might cost anywhere from $100,000 to $400,000 USD.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Natus Medical Incorporated, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., General Electric, Siemens Healthcare GmbH, Compumedics Limited, Medtronic, Edwards Lifesciences Corporation, Advanced Brain Monitoring, Inc., Drägerwerk AG & Co. KGaA

Market Dynamics:

The report offers insightful information about the market dynamics of the Brain Monitoring market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Brain Monitoring market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Brain Monitoring market.

Radical Highlights of the Brain Monitoring Market Report:

• Comprehensive overview of the Brain Monitoring market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Brain Monitoring market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Brain Monitoring Market Segmentation:

Market Overview:

The report bifurcates the Brain Monitoring market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Product Outlook (Revenue, USD Billion; 2019–2030)

  • Magnetic Resonance Imaging (MRI) Scanners
  • Computed Tomography (CT) Scanners
  • Electroencephalogram (EEG) Devices
  • Positron Emission Tomography (PET) Scanners
  • Sleep Monitoring Devices
  • Cerebral Oximeters
  • Electromyography (EMG) Devices
  • Intracranial Pressure Monitoring (ICP) Monitors
  • Magnetoencephalography (MEG) Devices
  • Transcranial Doppler (TCD) Devices
  • Accessories
    • Electrodes
      1. Wet Electrodes
      2. Dry Electrodes
      3. Needle Electrodes
    • Sensors
    • Pastes & Gels
    • Caps
    • Batteries
    • Cables
    • Others
  • Others

• Procedure Outlook (Revenue, USD Billion; 2019–2030)

  • Invasive
  • Non-Invasive

• Medical Condition Outlook (Revenue, USD Billion; 2019–2030)

  • Traumatic Brain Injury
  • Stroke
  • Dementia
  • Headache Disorders
  • Sleep Disorders
  • Parkinson’s Disease
  • Epilepsy
  • Huntington Disease
  • Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Brain Monitoring Market report is an exhaustive database that will help readers formulate lucrative strategies. The Brain Monitoring Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Brain Monitoring market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Brain Monitoring with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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