Brain monitoring devices are the instruments used for monitoring abnormal activities of brain. Brain disorders can occur due to a variety of reasons including traumatic injury to the brain, infection, vascular abnormality, tumor, and other conditions. In addition, these injuries lead to various symptoms such as paralysis, loss of sensation, tremors, bradykinesia, muscle weakness and pain. Brain disorders posses an enormous burden to human suffering coupled with exorbitant costs required for its treatment. . To combat these diseases numerous devices are currently available in the market which monitor the brain waves, brain tumors and others abnormal brain activities.
The global brain monitoring device market is anticipated to grow owing to rise in incidences of brain disorders, neurological disorders, sleep disorders and other factors. According to National Institute of Mental Health in US about 1 in 4 adults suffer from brain disorders every year, with almost 6% of the population suffer from serious disabilities. Furthermore, technological advancements such as high functionality, ease of operation lower cost are further driving the growth of the market. Brain monitoring devices market is primarily dominated by North America followed by Europe due to the presence of highly advanced technologies and favorable reimbursement policies. Asia is also expected to show significant growth in the coming years owing to increase in brain disorders as well as healthcare infrastructure.
Some of the market players in this industry are Natus Medical, Inc., Covidien PLC, Nihon Kohden Corporation, Advanced Brain Monitoring, Inc. and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.