Brain Monitoring Market (2018 – 2023) research report provides List of manufacturers, regional analysis, segmentation by type & applications and the actual process of whole Brain Monitoring industry. Brain Monitoring Market report delivers a detailed study of present and upcoming Opportunities to clarify future investment in the market.
“Brain Monitoring Market report is expected to register a CAGR of 8.2% over a five years forecast period.”
List of Major Key players operating in the Global Brain Monitoring Market are –
- NATUS MEDICAL
- INTEGRA LIFESCIENCES CORPORATION
- NIHON KOHDEN CORPORATION
- MASIMO CORPORATION
- ADVANCED BRAIN MONITORING INC.
- CADWELL LABORATORIES INC.
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The global brain monitoring market is expected to register a CAGR of 8.2% during the forecast period, 2018 to 2023. As the increasing global population presents a huge demand for brain monitoring, more technological advancements can be expected during the forecast period, which will contribute to the growth of the global market.
Rise in the Number of Incidences of Brain Disorders
Brain disorders, including developmental, psychiatric, and neurodegenerative diseases, represent an enormous burden in terms of human suffering and economic cost. Neurological diseases contribute significantly to morbidity and mortality, worldwide. Globally, stroke is the second leading cause of death, after ischemic heart disease. Traumatic brain injury (TBI) is another major contributor to the global disease burden, with 14.8 million TBI cases recorded, globally. In Europe, 35% of the disease burden is estimated to be attributable to brain disorders. Millions of Americans suffer from a variety of mental and neurological health conditions, every year. Over 40 million American adults (1 in 5) have at least one mental health condition. Hence, the increasing prevalence of brain disorders and increasing innovations in diagnostic procedures are boosting the brain monitoring market’s growth. Further, the increased aging population and ease of use and portability of devices are driving the brain monitoring market.
Lack of Skilled Personnel to Handle Devices
In spite of investment in innovative device manufacturing, one factor that is holding back few countries is the lack of skilled labor. Lack of highly trained personnel is one of the critical challenges faced by the brain monitoring market, which hampers the market growth in most of the developed and under-developed countries. Other factors, such as regulatory approval costs, are also hindering the market growth.
North America to Dominate the Market
North America dominates the market for brain monitoring, accounting for the highest market value in 2017 and is expected to witness an estimated CAGR of over 7.5% during the forecast period. Moreover, Asia-Pacific is expected to record the highest CAGR during the forecast period. The increasing investments in R&D activities, production, and rising indigenous production are propelling the market in Asia-Pacific.
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Global Brain Monitoring Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2018-2023):
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- The Middle East and Africa
Key Questions Answered About Brain Monitoring Market:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the Brain Monitoring market for selective countries?
- Which region or sub-segment is selected is expected to drive the market in the forecast period?
- What factors are estimated to drive and restrain the market growth?
- What are the key technological and Brain Monitoring market trends shaping the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
Reasons to Purchase Brain Monitoring Market Report:
- The report analyses how stringent emission control norms will drive the global Brain Monitoring market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Brain Monitoring market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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Brain Monitoring Market Report TOC Includes:
- Introduction of Brain Monitoring Market
- Research Approach and Methodology
- Brain Monitoring Market Overview
- Brain Monitoring Market Segmentation
- Competitive Landscape
- Company Profiles
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