The brain monitoring market generated USD 5.76 billion in 2021, and is projected to reach $6595 million by 2030, growing at a CAGR of 6.9% from 2018 to 2025. The report also identifies North America as the largest regional market for brain monitoring devices and technology, with Europe and Asia-Pacific following closely behind. Key players in the market include Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Siemens Healthcare, and Medtronic, among others.

Browse 218 market data Tables and 97 Figures spread through 318 Pages and in-depth TOC on "Brain Monitoring Market Size, Share & Trends Estimation Report By Outlook, By Region, And Segment Forecasts, 2022 - 2030" View detailed Table of Content here-https://www.contrivedatuminsights.com/product-report/brain-monitoring-market-248682/

Market Dynamics

Increasing prevalence of neurological disorders: The rising incidence of neurological disorders such as epilepsy, Alzheimer's disease, Parkinson's disease, and others is a major driver for the market. These conditions require monitoring of brain activity for diagnosis and treatment, creating a demand for brain monitoring devices and technology.

Technological advancements in brain monitoring devices: The development of advanced brain monitoring devices such as electroencephalography (EEG), magnetoencephalography (MEG), and functional magnetic resonance imaging (fMRI) machines has increased the accuracy and efficiency of brain monitoring. This has made it easier for healthcare professionals to diagnose and treat neurological disorders, driving the market growth.

Increasing prevalence of neurological disorders: The rising incidence of neurological disorders such as epilepsy, Alzheimer's disease, Parkinson's disease, and others is a major driver for the market. These conditions require monitoring of brain activity for diagnosis and treatment, creating a demand for brain monitoring devices and technology.

Technological advancements in brain monitoring devices: The development of advanced brain monitoring devices such as electroencephalography (EEG), magnetoencephalography (MEG), and functional magnetic resonance imaging (fMRI) machines has increased the accuracy and efficiency of brain monitoring. This has made it easier for healthcare professionals to diagnose and treat neurological disorders, driving the market growth.

Technological complexity: Brain monitoring devices are complex and require advanced technology, which makes them difficult to manufacture and maintain. This could lead to challenges in the quality and consistency of devices, which could affect patient outcomes.

Lack of standardization: There is a lack of standardization in the brain monitoring market, with different devices and techniques used by healthcare providers. This could lead to inconsistencies in the interpretation of results, affecting the accuracy of diagnoses.

Increasing demand for home-based brain monitoring devices: There is a growing demand for brain monitoring devices that can be used in the home setting. This could provide new opportunities for the development of innovative, portable, and easy-to-use devices that can be used by patients without the need for healthcare professionals.

Development of artificial intelligence and machine learning tools: The development of artificial intelligence and machine learning tools has the potential to revolutionize brain monitoring by improving the accuracy and speed of diagnoses. This could provide new opportunities for the development of advanced software and analytics tools that can interpret brain activity data more efficiently.

The market for brain monitoring devices and technology is driven by a number of factors, including the growing prevalence of neurological disorders such as epilepsy, Alzheimer's disease, and Parkinson's disease, as well as increasing awareness of the importance of early diagnosis and treatment of these conditions. In addition, technological advancements in brain imaging and analysis tools, as well as increasing investment in neuroscience research, are also contributing to the growth of the market.

The market for non-invasive procedures is expected to grow at the highest rate due to their safety and convenience, and the increasing adoption of portable and wearable devices. Invasive procedures are expected to remain a significant part of the market due to their high accuracy and the growing demand for deep brain stimulation therapy. Minimally invasive procedures are also expected to grow due to their ability to provide accurate data with fewer risks than invasive procedures.

Brain monitoring devices can be used to monitor patients with traumatic brain injury (TBI) to detect changes in brain function and assess the severity of the injury. Non-invasive procedures such as EEG and MRI can be used to monitor brain activity and detect abnormalities.

Regional Analysis

Brain monitoring technology can be used to diagnose and monitor patients with headache disorders such as migraines. Non-invasive procedures such as EEG can be used to monitor brain activity during headaches and detect abnormalities. Other applications of brain monitoring technology include the diagnosis and monitoring of stroke, brain tumors, and psychiatric disorders such as depression and anxiety.

Latin America is expected to show moderate growth in the global brain monitoring market due to the increasing prevalence of neurological disorders and the growing demand for advanced healthcare technology in the region.

The Middle East & Africa region is expected to show steady growth in the global brain monitoring market due to the increasing adoption of advanced healthcare technology, rising healthcare expenditure, and increasing prevalence of neurological disorders.

Competitive Analysis

In November 2021, Philips Healthcare announced the launch of its new IntelliSpace EEG 6.0 software, which offers advanced capabilities for EEG monitoring and interpretation.

In September 2021, Nihon Kohden Corporation announced the launch of its new portable EEG device, which is designed to enable remote brain monitoring for patients with neurological disorders.

In August 2021, Medtronic Plc. announced the acquisition of Viz.ai, a company that develops artificial intelligence (AI) technology for stroke detection and triage.

In July 2021, GE Healthcare announced the launch of its new Venue Go ultrasound system, which offers advanced capabilities for ultrasound-guided procedures.

In April 2021, Natus Medical Inc. announced the acquisition of GN Otometrics, a company that develops diagnostic solutions for hearing and balance disorders.

In March 2021, Siemens Healthineers announced the acquisition of Varian Medical Systems, a company that develops advanced medical technologies for cancer diagnosis and treatment.

Segmentation Analysis of The Global Brain Monitoring Market 2022-2030

The report forecasts revenue growth at global, regional, and country matrics and analyzes the latest industry trends in each of the sub-segments ranging from 2016-2030. For this, CDI has segmented the global Brain Monitoring market report based on capacity, vehicle, application, and propulsion type along with regional analysis.

Product Type

• Electroencephalography (EEG) Devices
• Magnetoencephalography (MEG) Devices
• Transcranial Doppler (TCD) Devices
• Intracranial Pressure (ICP) Monitors
• Cerebral Oximeters
• Magnetic Resonance Imaging (MRI) Devices
• Computerized Tomography (CT) Devices
• Positron Emission Tomography (PET) Devices
• Sleep Monitoring Devices
• Electromyography (EMG) Devices

Accessories

• Electrodes
• Sensors
• Pastes and Gels
• Caps
• Cables
• Batteries
• Others

By Procedure

• Invasive
• Non-invasive

By Application

• Epilepsy
• Dementia
• Parkinson's Disease
• Huntington's Disease
• Headache Disorders
• Stroke
• Traumatic Brain Injuries
• Sleep Disorders
• Other Diseases

Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America