Brain Monitoring Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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 Brain Monitoring Market: By Product (Device Type and Procedure), By Disease Type (Traumatic Brain Injuries (TBI), Stroke, Dementia, Epilepsy, Huntington’s Disease, Parkinson’s Disease and Others), By End User (Hospitals, Ambulatory Surgical Centers (ASCs) and Clinics, Neurological Centers and Research Institutions and Others)  and Geography

 

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Report

Description

Brain Monitoring Market size valued at USD 8.2 billion in 2021 and poised to grow at a significant CAGR of 5.7% over 2022-2028. A rise in incidences of brain disorders, growing awareness of neurodegenerative disorders, an increase in the geriatric population together with rising in the prevalence of chronic diseases, growing applications of brain monitoring in clinical trials, and technological advancements in brain imaging devices are some key factors fostering the market growth. However, factors such as a lack of skilled laborers and stringent regulations for device approval are hampering the market growth. In addition, high growth in emerging economies provides huge growth opportunities for the market. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Brain Monitoring Market

MARKET SUMMARY
-
5.7%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.7%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Brain Monitoring Market

  • The global brain monitoring market report gives comprehensive outlook on brain monitoring across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global brain monitoring market gives historical, current, and future market sizes (US$ Mn) on the basis of product, disease type, end user and region.
  • Key stakeholders of the global brain monitoring market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global brain monitoring products.
Key Players
  • Natus Medical Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • GE Healthcare
  • Siemens Healthineers
Brain Monitoring Market Drivers And Restraints

Remarkable advances in medical diagnostic imaging have been made during the past few decades. The development of new imaging techniques and continuous improvements in the display of digital images have opened new horizons in the brain anatomy and pathology. Advanced brain imaging technology has shed new light on the neuroscience of innovation that uniquely human capacity to see a possibility that did not exist and bring it to life. The field of brain imaging has now become a fast-moving, demanding and exciting multidisciplinary activity. Rapid advances in imaging technology have made it possible to create comprehensive maps of brain structure and function, with a broad range of imaging devices, and at a variety of spatial scales.


North-America Got Significant Share

Brain Monitoring Market

North America accounted for a larger revenue share in the global market with considerable CAGR. The growth in this region is due to presence of the strong distribution, easy adoption of advanced technologies in healthcare systems, increasing number of the sleep and neurodegenerative disorders and huge investments made by the government to support the field of neurosciences. The Asia Pacific held substantial market share during predicted period owing to the availability of low-cost labor and skilled manpower, increase in disposable incomes and increasing government emphasis on healthcare reforms.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Brain Monitoring Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The brain monitoring market is projected to expand at a CAGR of 5.7% during the forecast period

 

Natus Medical Inc, Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Siemens Healthineers

North America is the fastest-growing region for the brain monitoring market


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Brain Monitoring Market Introduction
    • Global Brain Monitoring Market – Taxonomy
    • Global Brain Monitoring Market –Definitions
      • Product
      • Disease Type
      • End User
  1. Global Brain Monitoring Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Brain Monitoring Market Dynamic Factors – Impact Analysis
    • Global Brain Monitoring Market – Competition Landscape
  2. Global Brain Monitoring Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Brain Monitoring Market, By Product, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Device Type
      • Electroencephalography (EEG) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Magnetoencephalography (MEG) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Transcranial Doppler (TCD) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Intracranial Pressure (ICP) Monitors
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Cerebral Oximeters
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Magnetic Resonance Imaging (MRI) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Computerized Tomography (CT) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Positron Emission Tomography (PET) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Sleep Monitoring Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Electromyography (EMG) Devices
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Procedure
        • Invasive
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Non-Invasive
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
  1. Global Brain Monitoring Market Forecast, By Disease Type, 2015 – 2019 and Forecast, 2020 – 2026
    • Traumatic Brain Injuries (TBI)
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Stroke
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Dementia
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Epilepsy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Huntington’s Disease Type
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Parkinson’s Disease Type
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Brain Monitoring Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Hospitalss
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ambulatory Surgical Centers (ASCs) and Clinics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Neurological Centers and Research Institutions
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Brain Monitoring Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Brain Monitoring Market – Opportunity Analysis Index, By Product, Disease Type, End User, and Region, 2020 – 2026
  2. North America Brain Monitoring Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Device Type
        • Electroencephalography (EEG) Devices
        • Magnetoencephalography (MEG) Devices
        • Transcranial Doppler (TCD) Devices
        • Intracranial Pressure (ICP) Monitors
        • Cerebral Oximeters
        • Magnetic Resonance Imaging (MRI) Devices
        • Computerized Tomography (CT) Devices
        • Positron Emission Tomography (PET) Devices
        • Sleep Monitoring Devices
        • Electromyography (EMG) Devices
      • Procedure
        • Invasive
        • Non-Invasive
      • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Traumatic Brain Injuries (TBI)
        • Stroke
        • Dementia
        • Epilepsy
        • Huntington’s Disease Type
        • Parkinson’s Disease Type
        • Others
      • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Hospitals
        • Ambulatory Surgical Centers (ASCs) and Clinics
        • Neurological Centers and Research Institutions
        • Others
      • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • US
        • Canada
      • North America Brain Monitoring Market – Opportunity Analysis Index, By Product, Disease Type, End User, and Country, 2020 – 2026
      • North America Brain Monitoring Market Dynamics – Trends
  1. Europe Brain Monitoring Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Device Type
        • Electroencephalography (EEG) Devices
        • Magnetoencephalography (MEG) Devices
        • Transcranial Doppler (TCD) Devices
        • Intracranial Pressure (ICP) Monitors
        • Cerebral Oximeters
        • Magnetic Resonance Imaging (MRI) Devices
        • Computerized Tomography (CT) Devices
        • Positron Emission Tomography (PET) Devices
        • Sleep Monitoring Devices
        • Electromyography (EMG) Devices
      • Procedure
        • Invasive
        • Non-Invasive
      • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Traumatic Brain Injuries (TBI)
        • Stroke
        • Dementia
        • Epilepsy
        • Huntington’s Disease Type
        • Parkinson’s Disease Type
        • Others
      • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Hospitals
        • Ambulatory Surgical Centers (ASCs) and Clinics
        • Neurological Centers and Research Institutions
        • Others
      • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Germany
        • UK
        • France
        • Spain
        • Italy
        • Russia
        • Poland
        • Rest of Europe
      • Europe Brain Monitoring Market – Opportunity Analysis Index, By Product, Disease Type, End User, and Country, 2020 – 2026
      • Europe Brain Monitoring Market Dynamics – Trends
  1. Asia-Pacific Brain Monitoring Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Device Type
        • Electroencephalography (EEG) Devices
        • Magnetoencephalography (MEG) Devices
        • Transcranial Doppler (TCD) Devices
        • Intracranial Pressure (ICP) Monitors
        • Cerebral Oximeters
        • Magnetic Resonance Imaging (MRI) Devices
        • Computerized Tomography (CT) Devices
        • Positron Emission Tomography (PET) Devices
        • Sleep Monitoring Devices
        • Electromyography (EMG) Devices
      • Procedure
        • Invasive
        • Non-Invasive
      • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Traumatic Brain Injuries (TBI)
        • Stroke
        • Dementia
        • Epilepsy
        • Huntington’s Disease Type
        • Parkinson’s Disease Type
        • Others
      • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Hospitals
        • Ambulatory Surgical Centers (ASCs) and Clinics
        • Neurological Centers and Research Institutions
        • Others
      • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Japan
        • China
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • Asia-Pacific Brain Monitoring Market – Opportunity Analysis Index, By Product, Disease Type, End User, and Country, 2020 – 2026
      • Asia-Pacific Brain Monitoring Market Dynamics – Trends
  1. Latin America Brain Monitoring Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Device Type
        • Electroencephalography (EEG) Devices
        • Magnetoencephalography (MEG) Devices
        • Transcranial Doppler (TCD) Devices
        • Intracranial Pressure (ICP) Monitors
        • Cerebral Oximeters
        • Magnetic Resonance Imaging (MRI) Devices
        • Computerized Tomography (CT) Devices
        • Positron Emission Tomography (PET) Devices
        • Sleep Monitoring Devices
        • Electromyography (EMG) Devices
      • Procedure
        • Invasive
        • Non-Invasive
      • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Traumatic Brain Injuries (TBI)
        • Stroke
        • Dementia
        • Epilepsy
        • Huntington’s Disease Type
        • Parkinson’s Disease Type
        • Others
      • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Hospitals
        • Ambulatory Surgical Centers (ASCs) and Clinics
        • Neurological Centers and Research Institutions
        • Others
      • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Brazil
        • Mexico
        • Argentina
        • Venezuela
        • Rest of Latin America
      • Latin America Brain Monitoring Market – Opportunity Analysis Index, By Product, Disease Type, End User, and Country, 2020 – 2026
      • Latin America Brain Monitoring Market Dynamics – Trends
  1. Middle East and Africa Brain Monitoring Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Device Type
        • Electroencephalography (EEG) Devices
        • Magnetoencephalography (MEG) Devices
        • Transcranial Doppler (TCD) Devices
        • Intracranial Pressure (ICP) Monitors
        • Cerebral Oximeters
        • Magnetic Resonance Imaging (MRI) Devices
        • Computerized Tomography (CT) Devices
        • Positron Emission Tomography (PET) Devices
        • Sleep Monitoring Devices
        • Electromyography (EMG) Devices
      • Procedure
        • Invasive
        • Non-Invasive
      • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Traumatic Brain Injuries (TBI)
        • Stroke
        • Dementia
        • Epilepsy
        • Huntington’s Disease Type
        • Parkinson’s Disease Type
        • Others
      • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Hospitals
        • Ambulatory Surgical Centers (ASCs) and Clinics
        • Neurological Centers and Research Institutions
        • Others
      • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Gulf Cooperation Council (GCC) Countries
        • Israel
        • South Africa
        • Rest of MEA
      • MEA Brain Monitoring Market – Opportunity Analysis Index, By Product, Disease Type, End User, and Country, 2020 – 2026
      • MEA Brain Monitoring Market Dynamics – Trends
  1. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Disease Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Natus Medical Inc. (U.S.)
      • Nihon Kohden Corporation (Japan)
      • Philips Healthcare (Netherlands)
      • GE Healthcare (U.K.)
      • Siemens Healthineers (Germany)
      • Compumedics Ltd. (Australia)
      • Electrical Geodesics Incorporated (U.S.)
      • Medtronic plc (Ireland)
      • CAS Medical Systems, Inc. (U.S.)
      • Advanced Brain Monitoring (U.S.).
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

Competition Assessment:

  • Natus Medical Inc. (U.S.)
  • Nihon Kohden Corporation (Japan)
  • Philips Healthcare (Netherlands)
  • GE Healthcare (U.K.)
  • Siemens Healthineers (Germany)
  • Compumedics Ltd. (Australia)
  • Electrical Geodesics Incorporated (U.S.)
  • Medtronic plc (Ireland)
  • CAS Medical Systems, Inc. (U.S.)
  • Advanced Brain Monitoring (U.S.)

Report

Ask An Analyst

Description

Brain Monitoring Market size valued at USD 8.2 billion in 2021 and poised to grow at a significant CAGR of 5.7% over 2022-2028. A rise in incidences of brain disorders, growing awareness of neurodegenerative disorders, an increase in the geriatric population together with rising in the prevalence of chronic diseases, growing applications of brain monitoring in clinical trials, and technological advancements in brain imaging devices are some key factors fostering the market growth. However, factors such as a lack of skilled laborers and stringent regulations for device approval are hampering the market growth. In addition, high growth in emerging economies provides huge growth opportunities for the market. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

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