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Global $10.01 Billion Brain Monitoring Devices Market 2017-2023

(April 17, 2017)

Dublin, April 17, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Brain Monitoring Devices Global Market - Forecast to 2023" report to their offering.

The brain monitoring devices global market is expected to grow at mid single digit CAGR to reach $10,011.5 million by 2023. Brain monitoring devices market is mainly classified into products, application and end-users.

The product classification consists of electroencephalography (EEG) devices, magnetoencephalography (MEG) devices, transcranial Doppler sonography (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 and accessories.

The electroencephalography devices market is further segmented into by product type which includes 8-channel, 21-channel, 25-channel, 32-channel, 40-channel and multi-channel and by modality includes standalone/fixed EEG devices and portable EEG devices. The magnetic resonance imaging is divided based upon technology into low and middle field MRI, high field MRI and very high field MRI. Finally computed tomography devices is further classified into low slice CT, medium slice CT and high slice CT depending on the technology.

The global brain monitoring devices market by application is segmented into neurodegenerative disorders, brain tumor, sleep disorders, psychiatric behavioural disorders and other applications. The neurodegenerative disorders is sub segmented into epilepsy, Parkinson's disease, Huntington's disease, stroke, traumatic brain injury (TBI) and dementia whereas sleep disorders is sub classified into sleep apnea, insomnia, hypersomnia and sleep movement disorders. Psychiatric behavioural disorders are sub divided into autism, schizophrenia, dyslexia, bipolar disorders and depression. Other application is sub segmented into surgery, headache disorders, anesthesia and hydrocephalus.

The end-users of brain monitoring devices market are hospitals, home care, ambulatory surgical centers and clinics, diagnostic centers and other end users.

While increasing focus on minimally invasive brain monitoring procedure and extended application of devices in clinical trials are some of the opportunities that are propelling the growth of the market. However shortage of trained professionals, high cost of complex devices, unfavourable reimbursement policies, stringent regulatory guidelines and competition from local players in emerging markets are hampering the growth of the market.

Factors Influencing Market

Drivers and Opportunities

  • Growing Incidence and Prevalence of Neurological Disorders
  • Rising Awareness About Neurodegenerative Disorders
  • Growing Healthcare Spending
  • Technological Advancements/Innovations Offering Wider Scope of Applications for Brain Monitoring
  • Increasing Focus on Minimally Invasive Brain Activity Monitoring Procedures
  • Extended Application of Devices in Clinical Trials

Restraints & Threats

  • High Cost of Complex Devices
  • Lack of Skilled Neurologists
  • Stringent Regulations and Legislations Guiding the Brain Monitoring Device Manufacturers
  • Unfavorable Reimbursement Policies

Porter's Five Force Analysis

Regulatory Guidelines

  • United States
  • Europe
  • Japan
  • India
  • China

Reimbursement Scenario

Patent Trends

Supply Chain Analysis

Brain Monitoring Devices Number of Units

Brain Monitoring Devices Under Clinical Trial

Recent Techniques Based-On Application

Market Share Analysis by Major Players

Individual Brain Monitoring Devices Market Share Analysis by Major Players

Technological Advancement

  • Dissolvable Brain Implants
  • Diffused Optical Tomography (DOT)
  • EAR Electroencephalography (EAR-EEG)
  • Portable EEG Devices
  • Brain Tissue Oxygen Tension Monitors
  • Wireless Helmet

Companies Mentioned

  • AD Instruments
  • AdTech Medical Instrument Corporation
  • Advanced Brain Monitoring Inc
  • Alltech Medical Systems
  • ANT Neuro
  • Atys Medical
  • Avertus Inc
  • Avonix Imaging
  • B.M. Tech Worldwide Co. Ltd
  • Beddit
  • Biopac
  • Brain Products GmbH
  • BrainScope Inc
  • Braintronics B.V.
  • Cadwell Laboratories
  • CAS Medicals Inc
  • Cerebrotech Medical Systems
  • CleveMed Medical Devices Inc
  • Codman & Shurtleff
  • Cognionics Inc
  • Compumedics Limited
  • Context Vision
  • CTF MEG International services
  • Dantec Medical
  • EB Neuro SpA
  • Electrical Geodesics Incorporated
  • Elekta AB
  • Elminda limited
  • Emotiv Inc
  • Entertech
  • FISO Technologies Inc
  • Fitbit
  • Gaeltec Devices Limited
  • GE Healthcare
  • GlaxoSmithKline
  • HeadSense Medical Inc
  • Heinen + Löwenstein GmbH & Co. KG
  • Hello Inc
  • Hitachi Limited
  • Imec
  • Infrascan Inc
  • InSightec
  • Integra Lifesciences
  • Jawbone
  • Johnson & Johnson
  • Koninklijke Philips N.V.
  • Koven Technology Canada Inc
  • Magnetica
  • Masimo Corporation
  • MedTech
  • Medtronic
  • MicroMed Spa
  • Misfit
  • Mitsar Co. Ltd
  • Moberg Research
  • MR solutions
  • Natus Medical Inc
  • NeMoDevices AG
  • Neural Analytics Inc
  • NeuroCare Group GmbH
  • Neuroelectrics Company
  • NeuroPace Inc
  • Neurosky
  • Neurostyle
  • Neurovigil
  • NeuroWave Systems Inc
  • Neusoft Medical Systems Co. Ltd
  • Nihon Kohden Corporation
  • Nonin Medical Inc
  • Nox Medical
  • Ornim Inc
  • Orsan Medical Technologies Ltd
  • Raumedic AG
  • Recorders & Medicare Systems Pvt Ltd
  • Resmed
  • Rhythm
  • Ricoh
  • Rimed Limited
  • Rythm
  • Shenzhen Delica Medical Equipment Co. Ltd
  • Siemens Healthineers
  • Somnomedics GmbH
  • Sophyra
  • Spencer Technologies
  • Spiegelberg GmbH
  • SyntheticMR
  • Third Eye Diagnostic Inc
  • Toshiba
  • Tristan Technologies Inc
  • Varian Medical Systems
  • Vittamed Corporation
  • Weinmann Medical Technology
  • Wide Med Technologies Ltd
  • Withings

For more information about this report visit

CONTACT: CONTACT: Research and Markets         Laura Wood, Senior Manager         [email protected]         For E.S.T Office Hours Call 1-917-300-0470         For U.S./CAN Toll Free Call 1-800-526-8630         For GMT Office Hours Call +353-1-416-8900         U.S. Fax: 646-607-1907         Fax (outside U.S.): +353-1-481-1716         Related Topics: Diagnostics, Neurology Devices 

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