The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest brain monitoring market share, and Asia-Pacific was the fastest-growing region in 2022.

The global brain monitoring market is expected to grow from $6.7 billion in 2022 to $7.42 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The brain monitoring market size is expected to grow to $10.12 billion in 2027 at a CAGR of 8.1%.

Major Driver In The Brain Monitoring Market ­– Increase In The Incidence And Prevalence Of Neurological Disorders
According to a World Health Organisation (WHO) report, the global prevalence of neurological health disorders is anticipated to reach about 103 million by 2030. As a result, the growing incidence and prevalence of neurological illnesses is driving the expansion of the brain monitoring market.

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Key Brain Monitoring Market Segments
1) By Product: Magnetoencephalograph, Electroencephalograph, Cerebral Oximeters, Functional Magnetic Resonance Imaging (fMRI), Intracranial Pressure Monitoring Devices, Other Product Types
2) By Procedure: Invasive, Non-invasive
3) By Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications
4) By End User: Hospitals and Clinics, Neurology Centres, Ambulatory Surgery Centers, Diagnostic Centers, Other End Users

Recent Brain Monitoring Market Trend – Technological Advancement
To enhance their position, major companies in the brain monitoring market are focusing on developing innovative technology solutions. Researchers at the University of Helsinki, for example, developed an artificial intelligence (AI) technique in June 2020 to analyse viewpoints and draw conclusions based on group brain activity, making testing more efficient and allowing gadgets to interpret images directly from the EEG. This infusion has a wide range of applications, including clinical diagnostics, soft bioelectronics, wearable devices, and robotics, which contribute to the global growth of the brain monitoring market.

Brain Monitoring Market Prominent Players
Major players in the brain monitoring market are Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Compumedics Ltd., Medtronic, Edwards Lifesciences Corporation, Advanced Brain Monitoring, Masimo Corporation, Spiegelberg GmbH & Co. KG, Cadwell Industries, Elekta A.B, Drägerwerk AG & Co. KGaA, and Electrical Geodesics.

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The Brain Monitoring Global Market Report 2023  provides a comprehensive overview on the brain monitoring market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the brain monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Brain monitoring is a collection of continuous online monitoring that measures the particle velocity of cerebral blood flow and the volume wave in the brain. Brain monitoring is used to provide individualised patient care, such as brain and neuro-related diagnosis and treatment.

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