The Brain Monitoring Market deals with the development of medical technology used to monitor brain functions. Brain monitoring systems are used to measure the electrical or neuronal activity of the brain. The devices which are used to brain monitor can be invasive or non-invasive.
Brain monitors are also used to guide the brain surgeries and to check the health outcomes of treatment of brain disorders. In the Brain Monitoring Market, there are different types of devices such as MRI, CT, PET, EEG, MEG, ICP and some others. EEG monitors and ICP monitors are the best examples of brain monitoring systems. These devices are generally used in various end users such as hospitals, ambulance, diagnostic center, neurological center, clinics and others.
Scope & Regional Forecast of the Brain Monitoring Market
Increasing incidence of neurological disorders sue to changing lifestyles, rising stress levels in human brain, radical changes in the social environments are the major growth factors for the growth of the Brain Monitoring Market. Technological advancements and development in EEG technology are also additional growth factors of the market.
Increasing number of diseases like Epilepsy, Parkinson’s Disease, Huntington’s Disease and others are also giving result to the demand for brain monitoring devices. Hence, number of patients are being increased which are strong growth drivers of market. However, lack of trained professionals and high price of the intricate devices are the major key restraints for the Brain Monitoring Market growth.
North America is holding leading high in Brain Monitoring Market, by holding largest share and is also projected to have a major hike in the demand for brain monitoring during forecast period, due to growing occurrences of brain disorders in this region. Asia-Pacific is also projected to register significant growth during the forecast period due to increasing aging population, availability of low cost labor and skilled man power.
Segmentations & Key Players Involved in the Brain Monitoring Market
According to IndustryARC findings, the Brain Monitoring Market can be broken down into various segmentations on the basis of –
Procedure: Invasive and Non-Invasive.
Device Type: MRI (Magnetic Resonance Imaging), CT (Computerized Tomography), PET (Positron Emission Tomography), EEG (Electro Encephalo Graphy), MEG (Magneto Encephalo Graphy), ICP (Intracranial Pressure) and Others.
End-User: Hospitals, Ambulance, Diagnostic Center, Neurological Center, Clinics and Others.
Application: Stroke, Dementia, Headache, Epilepsy, Parkinson’s Disease, Huntington’s Disease and Others.
Region: North America, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Brain Monitoring Market according to IndustryARC are as follows:
Siemens Health-care
Philips Healthcare
Advanced Brain Monitoring, Inc.
Sono Diagnostics
Alliance Biomedical Private Limited
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