Brain Monitoring market Data And Industry Growth Analysis | Stratistics Market Research Consulting Brain Monitoring Market size is expected to grow from US $ 6.30 BN in 2020 to US $ 11.83 BN by 2028, at a CAGR of 8.2%.The market report “Brain Monitoring Market by Products (Accessories, Modality, Device, Usability and Procedure), Medical Conditions (Traumatic Brain Injury (TBI), Sleep Disorders, Huntington's Disease, Alzheimer’s Disease, Dementia, Epilepsy, Stroke Disorder, Headache Disorders, Parkinson’s Disease and Other Medical Conditions), End Users (Diagnostic Centers, Ambulances, Neurological Centers and Research Institutions, Ambulatory Surgery Centers (ASCs) & Clinics and Hospitals), and Region – Forecast to 2028”. The brain monitoring market is growing at a CAGR of 8.2% by 2028, owing to the growth in the number of traumatic brain injuries.
The key players in this market are Koninklijke Philips N.V. (Philips Healthcare), General Electric Company (GE Healthcare), Siemens Healthineers , Advanced Brain Monitoring, Medtronic, Neural Analytics, Siemens AG, Natus Medical Incorporated , CAS Medical Systems, Nonin Medical Inc., Masimo Corporation, Integra Lifesciences Holding Corporation, Compumedics Ltd., Neurosoft Technologies Ltd., and Yokogawa Electric Corporation.
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Based on medical conditions, the traumatic brain injury (TBI) segment is estimated to grow at highest CAGR segment during the study period.On the basis of medical conditions, the market is categorized into traumatic brain injury (TBI), sleep disorders, huntington's disease, alzheimer’s disease, dementia, epilepsy, stroke disorder, headache disorders, parkinson’s disease and other medical conditions. The traumatic brain injury (TBI) segment is estimated to be the fastest growing market segment strongly driven by the growing incidence of TBIs across the globe, leading to high demand for the management of these cases.
Based on end user, the hospitals segment is anticipated to grow faster during the forecast period.On the basis of end user, the market is segmented into diagnostic centers, ambulances, neurological centers and research institutions, ambulatory surgery centers (ASCs) & clinics and hospitals. The hospitals segment is projected to grow faster during the forecast period since advanced equipment and expensive devices are mainly found in hospitals required for the complicated process of monitoring the brain.
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By geography, North America is expected to dominate the marketOn the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is experiencing a dominant position in the brain monitoring market. This is mainly attributed to the increasing burden of neurological disorders, growing incidence of traumatic brain injuries, and the increasing number of product approvals across the region.
The research provides in-depth analysis of the global Brain Monitoring market numerous growth opportunities and segmentation by types, applications, end-users, and geography. In terms of drivers, restraints, opportunities, trends, and the competitive landscape, the research provides a solid platform for users who want to enter the global market. The study also goes into great detail about the supply and demand analyses, as well as main industry players' participation and market share growth data. The sales margin, pricing, revenue share, and gross margin are all calculated in detail. The report contains an accurate simulation of industry insight, smart solutions, practical solutions, and the latest technology to provide a better user experience. The global Brain Monitoring market research includes a complete breakdown of regional break-up, status, leading growth rate, country market shares, and future technologies.
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