Dublin, Feb. 10, 2023 (GLOBE NEWSWIRE) -- The "Brain Monitoring Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Brain Monitoring Devices estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$7.7 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.
Devices, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$5.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Accessories segment is readjusted to a revised 3.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 6.7% CAGR
The Brain Monitoring Devices market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
Select Competitors (Total 23 Featured) -
- Advanced Brain Monitoring Inc.
- Cadwell Laboratories Inc.
- CAS Medical Systems
- Compumedics Germany GmbH
- Compumedics Ltd.
- Electrical Geodesics Inc.
- Elekta AB
- HeadSense Medical Inc.
- Integra Life Sciences Corporation
- Masimo Corporation
- Medtronic Plc.
- Natus Medical Inc.
- NeuroWave Systems Inc.
- Nihon Kohden Corporation
- Nonin Medical, Inc.
- Ornim Medical
- Raumedic AG
- Rimed Inc.
- Spiegelberg GmbH
- Third Eye Diagnostics Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 184 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $5.6 Billion |
| Forecasted Market Value (USD) by 2030 | $7.7 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Brain Monitoring Devices Play Indispensable Role in Diagnosing Brain Disorders
- Recent Market Activity
- Neurological Diseases - Key Facts in a Nutshell
- Select Common Neurological Diseases and their Causes
- Brain Function Monitoring Gains Importance Globally; Drives Demand for Devices
- A Gist of Key Market Drivers
- Major Market Restraints
- Developed Regions Take the Lead; Developing to Drive Growth
- Brain Monitoring Devices - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Incidence of Targeted Conditions Drive Growth
- Incidence and Prevalence of Select Target Conditions for Brain Monitoring
- Growing Prevalence of Epilepsy to Drive Demand for EEG Devices
- Rising Incidence Rate of Traumatic Brain Injury (TBI) to Drive Demand for ICP Monitors
- Aging Population: The Cornerstone of Growth in Brain Monitoring Devices
- Increasing Healthcare Spending in Emerging Markets: Opportunities in Store
- Lower Public Awareness Calls for Improved Awareness Campaign Designs
- Dissolvable, Flexible Silicon Electronic Device to Aid Brain Monitoring
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/hh6v4q-monitoring?w=12
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