Global Neurological Monitors Market By Product Type (Magnetic Resonance Imaging (MRI) Devices, Electroencephalography Devices, Cerebral Oximeters, Intracranial Pressure Monitors, Others), Disease Type (Traumatic Brain Injury (TBI), Stroke, Sleep Disorders, Parkinson's Disease, Epilepsy, Other Diseases), Application (Monitors of Intracranial Pressure and Blood Flow Dynamics, Monitors of Brain Electrical Activity), Procedure (Invasive, Non-Invasive), End User (Healthcare Institutions, Diagnostic Centers & Research Institutes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and Forecast to 2027
Market Analysis and Insights of Global Neurological Monitors Market
Neurological monitors market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 6.20% in the above-mentioned forecast period. The growing awareness amongst the patients regarding the benefits of neurological monitoring devices will help in the growth of the market.
Growing number of cases of neurological disorders, increasing occurrences of traumatic brain injuries, timely product approvals along with technological advancement in the field of medical sciences, increasing number of hospitals as well as improved healthcare facilities will likely to accelerate the growth of the neurological monitors market in the forecast period of 2020-2027. Provision of portability facilities will further create new and advanced opportunities that will lead to the growth of the neurological monitors market in the above mentioned forecast period.
Lack of trained professionals along with high cost of monitoring devices will hamper the growth of the neurological monitors market in the above mentioned forecast period.
This neurological monitors market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on neurological monitors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Neurological Monitors Market Scope and Market Size
Neurological monitors market is segmented on the basis of product type, disease type, application, procedure and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, neurological monitors market is segmented into magnetic resonance imaging (MRI) devices, electroencephalography devices, cerebral oximeters, intracranial pressure monitors and others.
- On the basis of disease type, neurological monitors market is segmented into traumatic brain injury (tbi), stroke, sleep disorders, parkinson's disease, epilepsy and other diseases.
- Based on application, neurological monitors market is segmented into monitors of intracranial pressure and blood flow dynamics and monitors of brain electrical activity. Monitors of intracranial pressure and blood flow dynamics have been further segmented into intracranial pressure monitor, jugular venous oximetry, transcranial Doppler (TCD) ultrasonography, near-infrared spectroscopy, brain tissue oxygen tension monitors. Monitors of brain electrical activity has been further segmented into electroencephalography, evoked potentials-sensory and motor.
- On the basis of procedure, neurological monitors market is segmented into invasive and non-invasive.
- Neurological monitors market has also been segmented based on the end user into healthcare institutions, diagnostic centers & research institutes. Healthcare institutions have been further segmented into hospitals, medical schools, group practices, individual surgeons, and governing bodies.
Neurological Monitors Market Country Level Analysis
Neurological monitors market is analysed and market size insights and trends are provided by country, product type, disease type, application, procedure and end user as referenced above.
The countries covered in the neurological monitors market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the neurological monitors market due to the high occurrences of neurological diseases along with prevalence of neurological monitoring devices, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the focus of various established market players to expand their presence in this particular region.
The country section of the neurological monitors market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Neurological monitors market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for neurological monitors market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the neurological monitors market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Neurological Monitors Market Share Analysis
Neurological monitors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to neurological monitors market.
The major players covered in the neurological monitors market report are Natus Medical Incorporated, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Siemens Healthcare Private Limited, Compumedics Limited, Medtronic, Advanced Brain Monitoring, Inc., Draeger Medical Systems, Inc., Masimo, Blackrock Microsystems, LLC., Cadwell Industries, Inc, Delsys Incorporated, Electrical Geodesics, Inc., ELMIKO MEDICAL sp. z o.o., Lifelines Neuro, Motion Lab Systems, Inc, Neurovirtual / Sleepvirtual, Zynex Medical, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Neurological Monitors Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.