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Brain Monitoring Market by Product, Procedure, Disease & End User - Forecasts to 2021

Brain Monitoring Market: Forecasts until 2021

  • March 2017
  • 283 pages
  • ID: 4766032
In this report:
Europe is expected to hold the second-largest share of the global brain monitoring market, to reach USD ##,##.## million in 2021 from USD ##,##.## million in 2016, at a CAGR of ##.##% during the forecast period.
According to the Government of Canada, the proportion of population over ## years of age is expected to rise from ##% in 2011 to ~##% by 2031.

Summary

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The brain monitoring market is forecasted to reach ~$12.2B by 2021 from ~$8.8B in 2016, increasing at a compound annual growth rate (CAGR) of 6.80 percent from 2016 to 2021. This sector is clasified on the basis of product, disease type, final user, and area.

The growing incidence of neurological disorders, growing awareness about neurodegenerative diseases, increase in the number of traumatic brain injuries, and technological improvements are top factors driving the industry demand for brain monitoring devices. On the other hand, the shortage of trained professionals to effectively operate brain monitoring devices and unfavorable reimbursement policies are selecting the increase of this market. For example, in April 2013, the U.S. President announced the launch of the BRAIN initiative for encouraging R&D related to understanding the functioning of the brain.

This project enabled the neurology researchers to equip themselves with the fundamental insights necessary for diagnosis, treatment, cure, and prevention of several brain disorders. Furthermore, favorable initiatives by private and public bodies to rise appreciation and treatment options for such diseases are likely to boost industry growth. In this regards, in September 2016, the Epilepsy Foundation entered into a partnership worth $16.0M with the U.S. CDC to improve and expand education and appreciation about epilepsy.

Apart from the comprehensive geographical and product review and sizing of market, the analysis also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews include basic views on key competitors in the brain monitoring market and their products review, advancements, and strategies.

The above-mentioned segment research data, current market size, and forecast of the future trends will facilitate top players and new sector entrants to make the essential decisions regarding product offerings, spatial focus, changes in strategic way, Research and development investments for modernizations in products and technologies, and levels of output in order to remain profitable.

Segment Research

The brain monitoring market based on product is broken down into devices and accessories. Established on disease type the sector is divided into epilepsy, dementia, Parkinson's disease, Huntington's disease, headache disorders, strokes, traumatic brain injuries, sleep disorders, and other diseases.

On the basis of end user, the brain monitoring market is divided into hospitals, neurological centers, ambulances, diagnostic centers, ambulatory surgical centers /clinics, and other end users. Geographically, the sector is divided into North America, Europe (EU), Asia area, and the Rest of the globe.

Why Purchasing This Study Can Help You:

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations collect a larger market share. Companies obtaining the industry report can use any one or an aggregation of the below-mentioned five strategies (business entry, product improvement/innovative projects, industry development, industry diversification, and opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the product portfolios of top actors in the brain monitoring market. The analysis examines the brain monitoring market by product, disease type, end-user, and area

• Product Development/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the brain monitoring market

• opposing assessment: In-depth assessment of market strategies, geographical and industry segments, and product portfolios of leading actors in the brain monitoring market

• Market Development: Highlighted information about profitable emerging sectors. The market research examines the sector for different brain monitoring products across geographies

• industry diversification: Complete information about recent products and services, untapped areas, recent evolutions, and market investments in the brain monitoring market

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