Neurological Monitors Market Would Rocket up to USD 21.22 Billion by 2029
Global Neurological Monitors Market report not only aids to save valuable time but also adds credibility to the work that has been done to grow the business. By applying market intelligence for this market report, industry expert measure strategic options, summarize successful action plans and support companies with critical bottom-line decisions. To accomplish maximum return on investment (ROI), it’s very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behaviour where this report comes into play. Another major part of wide ranging Global Neurological Monitors Market report is the competitive landscape which gives a clear insight into the market share analysis and actions of key industry players.
The market for neuro monitors is expected to be worth USD 11.81 billion. The market for neuro monitors is expected to grow in the next years due to the rising number of complicated and essential procedures performed around the world. According to FMI, the demand for neuro monitoring systems is anticipated to reach US$ 3.1 billion in 2022 and rise steadily at a 6.8% CAGR from 2022 to 2029.
Data Bridge Market Research analyses that the neurological monitors market which was USD 11.81 billion in 2021, would rocket up to USD 21.22 billion by 2029, and is expected to undergo a CAGR of 7.60% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Definition
The purpose of neurological monitors is to keep track of the health of certain neural structures, such as nerves, the spinal cord, and specific brain regions. The EEG monitors can be divided into two primary types based on their intended use or the quantitative EEG index used to analyse and evaluate brain electrical activity.
Drivers
- Increase in the prevalence of neurological disorders
In the forecast period of 2022–2029, there will likely be a significant increase in the prevalence of neurological disorders, traumatic brain injuries, timely product approvals, technological advancements in the medical sciences, an increase in the number of hospitals, and better healthcare infrastructure.
- Rise in chronic diseases
As chronic diseases become more common, there will certainly be a rapid increase in the demand for neuro monitoring devices. Another significant element that is predicted to be positive for the market is the rising number of traffic accidents. The market is also anticipated to grow as doctors become more aware of the advantages of neuro monitoring systems.
- Rise in clinical trials
Additionally, patients with chronic illnesses is expected to contribute to this expansion. Another important aspect that is anticipated to support the market is the growing number of clinical trials being carried out by research organisations to demonstrate the therapeutic efficacy of neuro monitoring systems.
Some of the major players operating in the neurological monitors market are:
- NIHON KOHDEN CORPORATION (Japan)
- Koninklijke Philips N.V. (Netherlands)
- GENERAL ELECTRIC (U.S.)
- Siemens (Germany)
- Medtronic (Ireland)
- Advanced Brain Monitoring, Inc. (U.S.)
- Drägerwerk AG & Co. KGaA (U.S.)
- Masimo (U.S.)
- Blackrock Neurotech (U.S.)
- Cadwell Industries, Inc (U.S.)
- Delsys Incorporated (U.S.)
- Electrical Geodesics, Inc. (U.S.)
- Motion Lab Systems, Inc (U.S.)
- Neurovirtual / Sleepvirtual (U.S.)
- Zynex Medical (U.S.)
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Neurological Monitors Market Scope
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
- Blood Flow Dynamics
- Monitors of Brain Electrical Activity
Procedure
- Invasive
- Non-Invasive
End User
- Healthcare Institutions
- Diagnostic Centers
- Research Institutes
Top Key Topics Covered:
- Strategic Imperatives
- Factors Creating Pressure on Growth
- The Strategic Imperative
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Scope and Segmentation
- Research Context and Scope of Analysis
- Segmentation
- Other Techniques for This Research Report Management
- Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
- Introduction
- The Impact of the COVID-19 Pandemic and Post
- Future Growth
- Innovation Ecosystem
Continued…
Fundamental Aim of this Market Report
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
Key highlights of this Market report:
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
Browse the complete table of contents at – https://www.databridgemarketresearch.com/toc/?dbmr=global-neurological-monitors-market&Shri
Critical Insights Related to the adalimumab biosimilar Included in the Report:
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- Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth-driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
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