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Global Brain Monitoring Market

  • Published Date: 18 Feb 2018
  • Number of Pages: 210
  • Category: Healthcare and Medical
  • Country: Global
The Global Brain Monitoring Market was valued at US$ XX Mn in 2016 and is expected to reach US$ XX Mn by 2022 with an estimated CAGR growth of XX% during the forecasted period. Brain Monitoring refers to the process of analyzing and keeping track of the health condition of the human brain in order to avoid the future occurrence of traumas and neural diseases.

The increasing detection of neural diseases, lack of awareness about prevention and an unethical lifestyle manner has led to a rise in demand for the global brain monitoring tools and people trained in this department.

Market Dynamics

There is an increase in demand for the brain mapping devices in view of the rising reported cases of neural diseases. This scenario calls for more trained professionals and demand for more number of devices to cater to the rising populations. There, however, remains a dearth of trained professionals in this department. But an increase in demand together with a requirement not met by the current supply rate, this industry proves to be an exciting market to look forward to in the coming years.

Market Segmentation

The Global Brain Monitoring Market can be segmented based on the ultimate end user. It can be divided into hospitals, clinics and neurology centres. Hospitals are the major players who house these devices though thanks to the higher costs that these tools are priced at. The availability of the services is hence mainly limited to these centres in present times. It can also be segmented on the nature of the device. It can be termed as either an invasive device or a non-invasive device based on the type of application of the tool under consideration.

Regional/Geographic Analysis

North America is the market leader when it comes to the usage of brain monitoring tools. This is mainly due to the increase in the incidence of the neural disorders and sleep-related diseases that have been recurring in this sector. Various insurances coverages and Government aids are provided for people with these ill effects in these sectors. The Asian market is not far behind either with cases of neural disorders starting to get reported on an increased scale.

Opportunities

Technological advancements in this sector are driving an increase in sales in this market segment. The industry remains an area of yet unexplored but potential source of interesting opportunities. The increasing rate of job-person mismatches and the resulting sleep deficiencies driven by stress and tension have led to a market scenario where the players in this market segment are guaranteed successes. The market has a place for newer players and it remains a fertile land to explore.

Key Players

The major players in this market are Philips Healthcare, GE Healthcare, Siemens Healthineers, Medtronic plc (Ireland), and Advanced Brain Monitoring (U.S.).

Brain Monitoring Market Segments

--> Brain Monitoring Market Drivers, Restraints and Opportunities

--> Brain Monitoring Market Size & Forecast 2016 to 2022

--> Supply & Demand Value Chain

--> Brain Monitoring Market Current Trends

--> Competition &Major Companies

--> Technology and R&D Status

--> Porters Five Force Analysis

--> Strategic and Critical Success Factor Analysis of Key Players

Regional analysis for Brain Monitoring Market includes

--> North America
>> US and Canada
--> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
--> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
--> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
--> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
--> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights::

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage
Publisher Name : Market Litmus

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