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The brain monitoring market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

Read More On The Brain Monitoring Market Report 2022 – https://www.thebusinessresearchcompany.com/report/brain-monitoring-global-market-report

The Brain Monitoring Market Size In 2022 And Forecast

The global brain monitoring market is expected to grow from $6.00 billion in 2021 to $6.66 billion in 2022 at a compound annual growth rate (CAGR) of 11%. The global brain monitoring market size is expected to grow to $9.14 billion in 2026 at a CAGR of 8.2%.

The brain monitoring market consists of sales of brain monitoring products by entities (organizations, sole traders, and partnerships) that are used for individualized patient management such as brain and neuro-related diagnostics and treatment purposes.

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Increase In Incidence And Prevalence Of Neurological Disorders Is Driving The Growth Of The Brain Monitoring Market

For instance, according to the World Health Organization (WHO) report, the worldwide occurrence of neurological health problems is expected to reach nearly 103 million by the year 2030. Therefore, the rising demand for increasing incidence and prevalence of neurological disorders is driving the growth of the brain monitoring market.

Competitive Landscape And The Regional Analysis Of The Brain Monitoring Market

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.

Additionally, as per TBRC’s research – North America was the largest region in the brain monitoring market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Brain Monitoring Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the brain monitoring market.

Technological Advancement – A Key Trend In The Brain Monitoring Market

Major companies operating in the brain monitoring sector are focused on developing new technological solutions to strengthen their position.

Brain Monitoring Market Segmentation By The Business Research Company

1) By Product: Magnetoencephalograph, Electroencephalograph, Cerebral Oximeters, Functional Magnetic Resonance Imaging (fMRI), Intracranial Pressure Monitoring Devices, Others

2) By Procedure: Invasive, Non-invasive

3) By Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Others

4) By End User: Hospitals and Clinics, Neurology Centres, Ambulatory Surgery Centers, Diagnostic Centers, Others

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