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Brain Monitoring Market Value - By Type of Procedure (Invasive, Non-invasive), By Modality (Fixed, Portable, Wearable), By Product Type [Devices (Magnetoencephalograph devices, Electroencephalograph, Cerebral oximeters, FMRI, Intracranial pressure monitoring devices, CT scanners, PET, Sleep monitoring devices, EMG, TCD), Accessories (Electrodes, Sensors, Caps, Cables, Paste or gel)], By Application (Parkinson’s disease, Traumatic brain injury, Epilepsy, Dementia, Sleep disorders, Stroke, Migraine), By End-use (Hospitals, Neurology centers, Diagnostic centers), By Region (North America, Europe, Asia Pacific, Middle East and Africa, Latin America), COVID-19 Impact Analysis, Competitive Market Share & Forecast, 2024 – 2032

  • ID: 527 |  
  • Published date: February, 2024  |  
  • Report Format: PDF

Recent update: Our research team is keeping a close eye on the potential impact of COVID-19 and other global crises on various industries worldwide, allowing us to stay ahead of the competition.

Industry Outlook

Brain Monitoring Market is projected to witness substantial growth in the coming years. According to our research, the market size valued at more than USD 4.9 Billion in 2023 and is expected to exhibit a CAGR of over 6.7% during the forecast period of 2024 to 2032. By the end of the forecast period, the market is expected to reach a valuation of around USD 8.5 Billion.

Brain Monitoring Market

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Covid-19 Pandemic Impact on Brain Monitoring Market

COVID-19 has increased human suffering, weakened the economy, upended the lives of billions of people worldwide, and had a significant impact on the health, economic, environmental, and social domains. According to the World Health Organization (WHO), COVID-19 had infected over 82 million people and killed over 1.8 million as of December 31, 2020. Supply chain (SC) management (SCM) has had significant issues dealing with an unexpected demand for certain products when simultaneous travel and production restrictions have been enforced since the beginning of the global outbreak in March and is still attempting to recover from this. Companies are working to adapt to the new situation and will almost certainly face changes that will last long after the pandemic has passed. 

Furthermore, the resilience challenge has been addressed in distinctly different ways by various industries. As resilience leaders, healthcare providers stand out. They used the most comprehensive set of metrics, with 60% of healthcare respondents saying they had regionalized their supply chains and 33% saying they had moved production closer to end markets.

Brain Monitoring Market Value Insights

Report Coverage

Details

Base Year

2023

Market Size in 2023

USD 4.9 Billion

Forecast Period

2024 to 2032

CAGR (2023 to 2032)

6.7%

Forecast Year Value, 2032

USD 8.5 Billion

Historical Data for

2019 to 2023

Segment Covered

Type of Procedure, Modality, Product Type, Application, End-use, and Region

Companies Covered

  • Edwards Lifesciences
  • Medtronic plc
  • Elekta AB
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Natus Medical Incorporated
  • Siemens Healthineers AG
  • Others

 

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Research Methodology of Global Brain Monitoring Market

At Market Value Insights, we have conducted an extensive analysis of the brain monitoring market, utilizing a 360-degree approach that incorporates both primary and secondary research methods. This comprehensive approach has allowed us to gain a deep understanding of the current market dynamics, including the supply-demand balance, pricing trends, product preferences, customer behaviors, and other key factors.

Our primary research efforts were focused on gathering insights from industry professionals and opinion leaders from around the globe. This helped us to further validate our findings and gain a more well-rounded perspective of the market.

To ensure the accuracy and reliability of our data, we employed a variety of market estimation and data validation techniques. Additionally, we have developed a proprietary model for internally generated data that forecasts market growth until 2032.

By utilizing these research methods, we are able to provide our clients with a comprehensive understanding of the brain monitoring market, allowing them to make informed business decisions and stay ahead of the curve.

Regional Analysis: Rising product demand across the North America region

Brain Monitoring Market Size

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North America region is expected to register XX% share of global brain monitoring market by 2032 due to the presence of major players in this region and adoption of advanced technologies across the region contribute to the business growth. Moreover, The United States is the most significant country in terms of technology, and industrial advancement in region, accounting for more than half of the North America region.

Asia Pacific brain monitoring industry is projected to attain over XX% CAGR during the forecast period. The growth in the region is attributed to the favorable government regulation and growing industrialization in the region. Furthermore, Presence of growing economies in this region such as China, India etc. are expected to contribute to the growth of the over the forecast period 2023 - 2032

Top players in the global Brain Monitoring Market 

  • Edwards Lifesciences
  • Medtronic plc
  • Elekta AB
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Natus Medical Incorporated
  • Siemens Healthineers AG
  • BrainScope Company, Inc.
  • Cadwell Industries, Inc.
  • Compumedics Limited

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In-depth analysis of Brain Monitoring Market with industry coverage and forecasting for the following segments:

Market Value, By Product Type

  • Devices
    • Magnetoencephalograph devices
    • Electroencephalograph
    • Cerebral oximeters
    • Functional magnetic resonance imaging (fMRI)
    • Intracranial pressure monitoring devices
    • Computerized tomography scanners (CT)
    • Positron emission tomography (PET)
    • Sleep monitoring devices
    • Electromyography devices (EMG)
    • Transcranial doppler devices (TCD)
    • Other devices
  • Accessories
    • Electrodes
    • Sensors
    • Caps
    • Cables
    • Paste or gel
    • Other accessories

Market Value, By Modality

  • Fixed
  • Portable
  • Wearable

Market Value, By Type of Procedure

  • Invasive
  • Non-invasive

Market Value, By Application

  • Parkinson’s disease
  • Traumatic brain injury
  • Epilepsy
  • Dementia
  • Sleep disorders
  • Stroke
  • Migraine
  • Other applications

Market Value, By End-use

  • Hospitals
  • Neurology centers
  • Diagnostic centers
  • Other end-users

Market Value, By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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Publisher: Market Value Insights

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