DUBLIN--(BUSINESS WIRE)--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 from 2016 to 2023. The factors driving the growth of this market are growing incidence and prevalence of neurological disorders, rising awareness about neurodegenerative disorders, technological advancements/innovations offering wider scope of application for brain monitoring devices and growing healthcare spending.
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, unfavorable reimbursement policies, stringent regulatory guidelines and competition from local players in emerging markets are hampering the growth of the market.
The brain monitoring devices global market is a fragmented market whereas each product devices is highly consolidated and all the existing players in this market are involved in developing new and advanced products to maintain their market shares.
Geographical wise, North America is the largest market share followed by Europe, Asia-Pacific and Rest of the World. The Asia region is the fastest growing region from 2016 to 2023 suggesting an array of opportunities for growth and likely to be getting into the eyes of new investors in the brain monitoring devices market. Growth in the Asian market is attributed to rising prevalence of neurological diseases, government initiatives in establishing innovative technologies and demand for sophisticated medical services.
- 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
Key Topics Covered:
1 Executive Summary
3 Market Analysis
4 Brain Monitoring Devices Global Market, by Products
5 Brain Monitoring Devices Global Market, by Applications
6 Brain Monitoring Devices Global Market, by End-Users
7 Regional Analysis
8 Competitive Landscape
9 Major Companies
For more information about this report visit http://www.researchandmarkets.com/research/n9vlv6/brain_monitoring