Global Brain Monitoring Market

Brain Monitoring Market by Product Type (Device [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], and Accessories [Electrodes, Sensors, Pastes and Gels, Caps, Cables, Batteries, and Others]), By Procedure (Invasive and Non-invasive), By Applications (Epilepsy, Dementia, Parkinson's Disease, Huntington's Disease, Headache Disorders, Stroke, Traumatic Brain Injuries, Sleep Disorders, and Others) By End-users (Hospitals, Neurology Centers, Ambulatory Surgery Centers (ASCs) & Clinics, Diagnostic Centers, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-3641
  • Author: Growth Market Reports
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  • No. Of Pages: 212
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The global brain monitoring market size was valued at USD 5.8 billion in 2021 and is expected to surpass USD 8.0 billion by 2026, expanding at a CAGR of 6.5% during the forecast period, 2021–2028. Rising prevalence of neurological disorders, increased awareness of neurodegenerative diseases, increased traumatic brain injuries, and increased use of brain monitoring in clinical trials are the primary drivers of this market.

Global Brain Monitoring Market summary

Brain monitoring devices are used to investigate the anatomy and function of the brain in order to monitor and diagnose neurological diseases. Several brain monitoring technologies, such as electroencephalography devices, intracranial pressure monitors, and magnetoencephalography, are used to track brain processes during this process. These gadgets aid in monitoring neuronal and electrical activity in the brain. Demand for electroencephalography equipment is currently increasing among healthcare providers. The first EEG monitors were packed with wires and electrodes, and the vast majority of devices follow this traditional design. The size and functionality of EEG monitors and other related devices have been substantially reduced, owing to wireless technology. Wireless monitors are gadgets that diagnose without the use of wires or cords. Wireless headphones enable fully non-invasive readings and evaluation of patients from the comfort of their own homes.

Market Trends, Drivers, Restraints, and Opportunities:

Drivers

  • The global brain monitoring market is anticipated to register considerable growth in the coming years, due to increasing prevalence of neurological disorders such as dementia & epilepsy and rising geriatric population. According to WHO figures, about 55 million individuals worldwide are affected by dementia as of January 2022, with nearly 10 million new cases being documented each year. It is one of the leading causes of disability and dependence among the elderly around the world.
  • The global brain monitoring market is expected to register significant growth in the coming years, due to technological advancements in brain monitoring devices. A new generation of long-term brain monitoring devices that continuously record brain activity in the clinic or at home is on the horizon, with the potential to significantly enhance epilepsy disease management.
  • Growing awareness regarding neurodegenerative diseases is projected to have a significant impact on the brain monitoring market.

Restraints

  • Stringent government regulations and unfavorable reimbursement policies act as key factors that restrict the market expansion during the forecast period.

Opportunities/Trends

  • Growing demand for non-invasive and minimally invasive devices, as well as the expanding therapeutic uses of brain monitoring devices and the expanding healthcare industry in emerging nations, are expected to provide growth opportunities for market players.

Scope of the Report

The report on the global brain monitoring market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

                            Attributes                                      

Details

Report Title

Brain Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

By Product Type (Device [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], and Accessories [Electrodes, Sensors, Pastes and Gels, Caps, Cables, Batteries, and Others]), By Procedure (Invasive and Non-invasive), By Applications (Epilepsy, Dementia, Parkinson's Disease, Huntington's Disease, Headache Disorders, Stroke, Traumatic Brain Injuries, Sleep Disorders, and Others) By End-users (Hospitals, Neurology Centers, Ambulatory Surgery Centers (ASCs) & Clinics, Diagnostic Centers, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Siemens Healthineers, Natus Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, Spiegelberg GmbH & Co. KG, GE Healthcare, Advanced Brain Monitoring, Compumedics, Ltd., Medtronic, Edwards Lifesciences Corporation, Drägerwerk AG & Co. KGaA, Masimo Corporation, Cadwell Industries

Global Brain Monitoring Market Segment Insights

Increasing investments by device manufacturers to drive the market

On the basis of product type, the brain monitoring market is divided into device and accessories. The device segment is divided into 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, and electromyography (EMG) devices. The accessories segment is divided into electrodes, sensors, pastes and gels, caps, cables, batteries, and others. The electroencephalography (EEG) devices segment is anticipated to hold significant market share during the forecast period, owing to rising need for advanced imaging techniques and increasing investments by device manufacturers. Rising need for diagnosis of critical disorders such as epilepsy encouraged companies to focus on the development of brain monitoring EEG devices.

Global Brain Monitoring Market product types

Rising number of brain injuries to drive the market

In term of procedure, the brain monitoring market is segregated into invasive and non-invasive. The non-invasive segment is projected to hold a considerable market share during the forecast period, owing to increasing traumatic brain injuries, high acceptance rate of minimally invasive technologies, and low risk of mortality.

High use of brain monitoring devices in the treatment of brain injuries to drive the market

Based on applications, the brain monitoring market is divided into epilepsy, dementia, Parkinson’s disease, Huntington’s disease, headache disorders, stroke, traumatic brain injuries, sleep disorders, and others. The traumatic brain injuries segment is expected to hold a substantial market share in the coming years, owing to the rising prevalence of TBIs around the world, which resulted in high need for case management, necessitating the usage of brain monitoring devices on a large scale.

Global Brain Monitoring Market applications

Wide use of brain monitoring devices in hospitals to drive the market

On the basis of end-users, the brain monitoring market is segmented into hospitals, neurology centers, ambulatory surgery centers (ASCs) & clinics, diagnostic centers, and others. In 2020, the hospital segment held a large share of the global brain monitoring market, accounting for 57.8%. Brain monitoring is a complicated procedure that necessitates the use of expensive and sophisticated technologies and equipment typically available in hospitals. In addition, compared to small clinics and other end-users, hospitals experience a significantly higher intake of patients. Furthermore, brain monitoring devices impose a significant financial burden on healthcare facilities in terms of maintenance expenditures, and hospitals, more than other end-users, bear such costs. As a result, the majority of brain monitoring devices are utilized in hospitals, which account for a large share of the market.

Global Brain Monitoring Market end-users

Rising number of clinical trials in North America to drive the market

In terms of regions, the global brain monitoring market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. In 2020, North America held a large share of the global brain monitoring market, due to increasing incidence of neurological illnesses, rising number of clinical trials of brain monitoring devices, and the availability of medical reimbursement in the US. The market in Asia Pacific is projected to develop at a rapid CAGR throughout the forecast period, providing attractive potential for market players, due to increasing number of geriatrics and people suffering from chronic diseases, as well as the rising purchasing power of countries in the area.

Global Brain Monitoring Market region

Segments

Segments Covered in the Report:
By Product Type 

  • Device
    • 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 Applications

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

By End-users

  • Hospitals
  • Neurology Centers
  • Ambulatory Surgery Centers (ASCs) & Clinics
  • Diagnostic Centers
  • Others

By Regions

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

By Key Players

  • Siemens Healthineers
  • Natus Medical, Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Spiegelberg GmbH & Co. KG
  • GE Healthcare
  • Advanced Brain Monitoring
  • Compumedics, Ltd.
  • Medtronic
  • Edwards Lifesciences Corporation
  • Drägerwerk AG & Co. KGaA
  • Masimo Corporation
  • Cadwell Industries

 

Competitive Landscape

Some of the key players in the brain monitoring market include Siemens Healthineers, Natus Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, Spiegelberg GmbH & Co. KG, GE Healthcare, Advanced Brain Monitoring, Compumedics, Ltd., Medtronic, Edwards Lifesciences Corporation, Drägerwerk AG & Co. KGaA, Masimo Corporation, Cadwell Industries, and others.

Global Brain Monitoring Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Brain Monitoring Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Brain Monitoring Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Brain Monitoring Market - Supply Chain
  4.5. Global Brain Monitoring Market Forecast
     4.5.1. Brain Monitoring Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Brain Monitoring Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Brain Monitoring Market Absolute $ Opportunity
5. Global Brain Monitoring Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Brain Monitoring Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Brain Monitoring Demand Share Forecast, 2019-2026
6. North America Brain Monitoring Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Brain Monitoring Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Brain Monitoring Demand Share Forecast, 2019-2026
7. Latin America Brain Monitoring Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Brain Monitoring Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Brain Monitoring Demand Share Forecast, 2019-2026
8. Europe Brain Monitoring Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Brain Monitoring Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Brain Monitoring Demand Share Forecast, 2019-2026
9. Asia Pacific Brain Monitoring Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Brain Monitoring Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Brain Monitoring Demand Share Forecast, 2019-2026
10. Middle East & Africa Brain Monitoring Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Brain Monitoring Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Brain Monitoring Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Brain Monitoring Market: Market Share Analysis
  11.2. Brain Monitoring Distributors and Customers
  11.3. Brain Monitoring Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Siemens Healthineers
     11.4.2. Natus Medical, Inc.
     11.4.3. Nihon Kohden Corporation
     11.4.4. Philips Healthcare
     11.4.5. Spiegelberg GmbH & Co. KG
     11.4.6. GE Healthcare
     11.4.7. Advanced Brain Monitoring

Segments Covered in the Report:
By Product Type 

  • Device
    • 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 Applications

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

By End-users

  • Hospitals
  • Neurology Centers
  • Ambulatory Surgery Centers (ASCs) & Clinics
  • Diagnostic Centers
  • Others

By Regions

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

By Key Players

  • Siemens Healthineers
  • Natus Medical, Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Spiegelberg GmbH & Co. KG
  • GE Healthcare
  • Advanced Brain Monitoring
  • Compumedics, Ltd.
  • Medtronic
  • Edwards Lifesciences Corporation
  • Drägerwerk AG & Co. KGaA
  • Masimo Corporation
  • Cadwell Industries

 

Some of the key players in the brain monitoring market include Siemens Healthineers, Natus Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, Spiegelberg GmbH & Co. KG, GE Healthcare, Advanced Brain Monitoring, Compumedics, Ltd., Medtronic, Edwards Lifesciences Corporation, Drägerwerk AG & Co. KGaA, Masimo Corporation, Cadwell Industries, and others.

Global Brain Monitoring Market keyplayers

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