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).