The global brain monitoring market size is expected to reach USD 10.30 Billion at a steady revenue CAGR of 6.5% in 2030, according to latest analysis by Emergen Research. Rising prevalence of TBI is a major factor driving market revenue growth. Brain monitoring devices are used to monitor and diagnose neurological conditions by exploring structure and function of brain. This method includes use of various brain imaging instruments to monitor brain processes such as electroencephalography devices, intracranial pressure sensors, and magnetoencephalography. For instance, TBI is responsible for around 52,000 fatalities in the U.S. each year. Mortality rate for fatalities outside of the hospital is roughly 17 per 100,000 individuals, while rate for hospitalized patients is approximately 6 per 100,000 individuals. Each year, an estimated 475,000 TBIs occur among children aged 0-14 years. According to National Institutes of Health Consensus Development Panel on Rehabilitation of Persons with TBI, 2.5-6.5 million Americans have TBI-related disability. In addition, increased prevalence of traumatic brain injury leads to increased necessity for brain monitoring, thus driving market revenue growth.
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2022-2032. According to the regional analysis, the market is primarily spread over key geographical regions as follows:It puts examines drivers and restraints of the Brain Monitoring market and analyzes their impact on the industry throughout the forecast period.
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Key Players operating in the industry are:
Natus Medical Incorporated, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., General Electric, Siemens Healthcare GmbH, Compumedics Limited, Medtronic, Edwards Lifesciences Corporation, Advanced Brain Monitoring, Inc., Drägerwerk AG & Co. KGaA
Radical Features of the Brain Monitoring Market Report:
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Segmentation:
Regional Analysis Covers:
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