DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Brain Monitoring Market by Product, Procedure, Disease & End User Forecasts to 2021" report to their offering.
The brain monitoring market is expected to reach USD 12.22 billion by 2021 from USD 8.80 billion in 2016, growing at a CAGR of 6.8% from 2016 to 2021. This market is categorized on the basis of product, disease type, end user, and region.
The increasing incidence of neurological disorders, rising awareness about neurodegenerative diseases, growth in the number of traumatic brain injuries, and technological advancements are major factors driving the demand for brain monitoring devices. On the other hand, the shortage of trained professionals to effectively operate brain monitoring devices and unfavorable reimbursement policies are restraining the growth of this market. For instance, in April 2013, the U.S. President announced the launch of the BRAIN (Brain Research through Advancing Innovative Neurotechnologies) initiative for encouraging R&D related to understanding the functioning of the brain. This project enabled the neurology researchers to equip themselves with the fundamental insights necessary for diagnosis, treatment, cure, and prevention of various brain disorders.
Moreover, favorable initiatives by private and public bodies to increase awareness and treatment options for such diseases are likely to boost market growth. In this regards, in September 2016, the Epilepsy Foundation (U.S.) entered into a partnership worth USD 16 million with the U.S. CDC to improve and expand education and awareness about epilepsy.
- Advanced Brain Monitoring, Inc.
- CAS Medical Systems, Inc.
- Compumedics Limited
- Electrical Geodesics, Inc.
- GE Healthcare
- Medtronic PLC
- Natus Medical Inc.
- Nihon Kohden Corporation
- Philips Healthcare
- Siemens Healthineers
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Brain Monitoring Market, By Product
7 Brain Monitoring Market, By Disease Type
8 Brain Monitoring Market, By End User
9 Brain Monitoring Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/mwcxtf/brain_monitoring