Neurological Monitoring Devices Market 2016-2021: Market is Anticipated to Expand at a Significant CAGR of 7.1%
Neurological Monitoring Devices Market by Type (Monitors of Intracranial Pressure & Blood Flow Dynamics (Intracranial Pressure Monitor, Jugular Venous Oximetry, Transcranial Doppler (TCD)
(EMAILWIRE.COM, March 28, 2018 ) Global Neurological Monitoring Devices Market was worth USD 7.4 billion in 2016 and estimated to be growing at a CAGR of 7.1%, to reach USD 10.43 billion by 2021. Standardization in the process for brain monitoring and growing number of clinical trials for neuro-cognitive diseases are anticipated to offer good opportunity for the market.
Brain monitoring devices are being incorporated extensively in the hospitals and clinics for assessing the activity of sedatives and anaesthesia. Due to the advent of wearable medical devices, the greatest shifting trend is observed in the commercialization and commoditization of Electroencephalography EEG devices.
Factors such as the rising incidence and prevalence of neurological disorders, increasing awareness about neurodegenerative diseases, technological developments in devices and increasing incidence of traumatic brain injuries are driving market growth. On the other hand lack of skilled professionals, high cost of complex devices, poor reimbursement policies and concern regarding the accuracy of diagnostic devices are restricting the market growth.
Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-reports/global-neurological-monitoring-devices-market-2232/
The global neurological monitoring devices market is segmented on the basis of type into Monitors of Intracranial Pressure & Blood Flow Dynamics and Monitors of Brain Electrical Activity. Monitors of Intracranial Pressure & Blood Flow Dynamics segment is further divided into Intracranial Pressure Monitor, Jugular Venous Oximetry, Transcranial Doppler (TCD) Ultrasonography, Near-Infrared Spectroscopy and Brain Tissue Oxygen Tension Monitor. Monitors of Brain Electrical Activity segment is sub-segmented into Electroencephalography and Evoked Potentials. Based on procedure the market is segregated into Non-Invasive and Invasive. On the basis of therapeutic application, market is bifurcated into Brain Injuries, Stroke, Dementia, Headache Disorders, Sleep Disorders, Epilepsy, Parkinson’s Disease and Huntington’s Disease. By End User, the market segmentation is among Hospitals, Neurological Centers and Institutions, Clinics & Ambulatory Surgical Centers, Diagnostic Centers and Ambulances.
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Based on geography the market is analysed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. North America holds the largest share of the neurological monitoring devices market due to the advancement of technology and improved healthcare facilities. This is closely followed by Europe but Asia-Pacific has the fastest growing market because of huge investments being made in healthcare research and the developing economy.
Key market players include CAS Medical Systems Inc., Compumedics Ltd., Natus Medical Inc., Philips Healthcare, GE Healthcare, AMD Global Telemedicine, Intel Corporation, Johnson & Johnson, InTouch Health, InTechnology, MEG International Services Ltd., Rimed Inc., Siemens Healthcare, Medtronic Inc., Electrical Geodesics Incorporated, Nihon Kohden Corporation and Advanced Brain Monitoring.
scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry
• Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Brain monitoring devices are being incorporated extensively in the hospitals and clinics for assessing the activity of sedatives and anaesthesia. Due to the advent of wearable medical devices, the greatest shifting trend is observed in the commercialization and commoditization of Electroencephalography EEG devices.
Factors such as the rising incidence and prevalence of neurological disorders, increasing awareness about neurodegenerative diseases, technological developments in devices and increasing incidence of traumatic brain injuries are driving market growth. On the other hand lack of skilled professionals, high cost of complex devices, poor reimbursement policies and concern regarding the accuracy of diagnostic devices are restricting the market growth.
Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-reports/global-neurological-monitoring-devices-market-2232/
The global neurological monitoring devices market is segmented on the basis of type into Monitors of Intracranial Pressure & Blood Flow Dynamics and Monitors of Brain Electrical Activity. Monitors of Intracranial Pressure & Blood Flow Dynamics segment is further divided into Intracranial Pressure Monitor, Jugular Venous Oximetry, Transcranial Doppler (TCD) Ultrasonography, Near-Infrared Spectroscopy and Brain Tissue Oxygen Tension Monitor. Monitors of Brain Electrical Activity segment is sub-segmented into Electroencephalography and Evoked Potentials. Based on procedure the market is segregated into Non-Invasive and Invasive. On the basis of therapeutic application, market is bifurcated into Brain Injuries, Stroke, Dementia, Headache Disorders, Sleep Disorders, Epilepsy, Parkinson’s Disease and Huntington’s Disease. By End User, the market segmentation is among Hospitals, Neurological Centers and Institutions, Clinics & Ambulatory Surgical Centers, Diagnostic Centers and Ambulances.
Request for Sample Brochure: https://www.marketdataforecast.com/market-reports/global-neurological-monitoring-devices-market-2232/request-sample
Based on geography the market is analysed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. North America holds the largest share of the neurological monitoring devices market due to the advancement of technology and improved healthcare facilities. This is closely followed by Europe but Asia-Pacific has the fastest growing market because of huge investments being made in healthcare research and the developing economy.
Key market players include CAS Medical Systems Inc., Compumedics Ltd., Natus Medical Inc., Philips Healthcare, GE Healthcare, AMD Global Telemedicine, Intel Corporation, Johnson & Johnson, InTouch Health, InTechnology, MEG International Services Ltd., Rimed Inc., Siemens Healthcare, Medtronic Inc., Electrical Geodesics Incorporated, Nihon Kohden Corporation and Advanced Brain Monitoring.
scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry
• Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results