Brain Monitoring Market Worth 11.5 Billion USD by 2020
PUNE, India, February 3, 2016 /PRNewswire/ --
According to a new market research report "Brain Monitoring Market by Product (MRI, CT, PET, EEG, MEG, ICP), Procedure (Invasive, Noninvasive), Application (TBI, Stroke, Dementia, Headache, Epilepsy), End User (Hospital, Neurological Center, Diagnostic, ASC, Ambulance) - Global Forecast to 2020", published by MarketsandMarkets, provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the brain monitoring market along with the estimates and forecasts of the revenue.
Browse 143 market data Tables and 50 Figures spread through 198 Pages and in-depth TOC on "Brain Monitoring Market"
http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market-909.html
Early buyers will receive 10% customization on this report.
The global brain monitoring market is expected to reach USD 11.5 Billion by 2020 from USD 7.5 Billion in 2015, at a CAGR of 7% during the forecast period.
Ask for PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=909
The report segments the brain monitoring market based on product, procedure, therapeutic application, end user and regions. On the basis of product, the market is segmented into devices and accessories. The devices segment is expected to account for the largest share of brain monitoring market, by product, in 2015 due to increasing incidence of neurological, neurodegenerative, psychotic, and sleep disorders; the need for early diagnosis; availability of innovative portable and wearable home-based monitoring devices; and increasing patient awareness.
Among the procedures, the noninvasive segment is expected to grow at the highest rate during the forecast period. The non-invasive procedures segment is estimated to account for a higher share of the total brain monitoring market. The risk of complications such as hemorrhage and infections is lower in non-invasive procedures, resulting in their higher uptake. Moreover, there is greater focus on research for the development of advanced non-invasive devices for brain monitoring. These are some of the major factors driving the market growth for non-invasive brain monitoring in the forecast period.
Increasing global incidence and prevalence of neurological disorders, rising awareness about neurodegenerative diseases, technological advancements in brain monitoring devices and growing incidence of traumatic brain injuries are propelling the growth of brain monitoring market. On the other hand, the, shortage of trained professionals, high cost of complex brain monitoring devices, unfavorable reimbursement policies and concerns regarding the accuracy of diagnostic devices may restrict market growth.
On the basis of region, the brain monitoring market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of this market in 2015 and will continue to dominate the market during the forecast period. The Asian market is poised to grow at the highest CAGR, mainly due to as increasing aging population, availability of low-cost labor and skilled manpower, increase in disposable incomes, rising prevalence of neurodegenerative disorders, and increasing government emphasis on healthcare reforms in the region.
The Brain Monitoring Market is highly fragmented and competitive, with several big as well as emerging market players. Key market players include Natus Medical Inc. (U.S.), Nihon Kohden Corporation (Japan), Philips Healthcare (Netherlands), GE Healthcare (U.K.), Siemens Healthcare (Germany), Compumedics Ltd. (Australia), Electrical Geodesics Incorporated (U.S.), Medtronic Inc. (Ireland), CAS Medical Systems, Inc. (U.S.) and Advanced Brain Monitoring (U.S.).
Browse Related Reports:
Neuromodulation Market by Technology (Deep Brain Stimulation, Spinal Cord Stimulation, Transcranial Magnetic Stimulation) & by Application (Depression, Parkinson's, Tinnitus, Alzheimer's, Epilepsy, Ischemia, Obesity) - Trends & Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/neurostimulation-devices-market-921.html
Neurovascular Devices/Interventional Neurology Market by Technology (Embolization, Carotid Stenting, Balloon Angioplasty, Neurothrombectomy), Product (Carotid Stent, Flow Diversion, Microcatheter, Clot Retrieval, Suction Device) - Global Forecast to 2020
About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Healthcare Domain @ http://www.marketsandmarkets.com/Subscription.html
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/medical-devices
Share this article