Neurological Monitoring Devices Market to sore high owing to Increasing brain Diseases
Posted March 12, 2018 by Bhargav2
The Global Neurological Monitoring Devices Market was worth USD 7.4 billion in 2016 and estimated to be growing at a CAGR of 7.1%, to reach USD 10.43 billion by 2021.
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Brain observing gadgets are being consolidated broadly in the healing facilities and centres for surveying the action of narcotics and anaesthesia. Because of the coming of wearable therapeutic gadgets, the best shifting trend is seen in commercialization and commoditization of Electroencephalography EEG gadgets.
Factors, for example, the rising frequency and commonness of neurological issues, expanding awareness about neurodegenerative sicknesses, innovative improvements in gadgets and expanding rate of traumatic brain injuries are driving business sector development. Then again absence of talented experts, the high cost of complex gadgets, poor repayment strategies and concern with respect to the exactness of indicative gadgets are confining the market development.
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The global neurological monitoring devices market is segmented on the basis of type into Monitors of Intracranial Pressure & Blood Flow Dynamics and Monitors of Brain Electrical Activity.
Monitors of Intracranial Pressure & Blood Flow Dynamics segment is further divided into Intracranial Pressure Monitor, Jugular Venous Oximetry, Transcranial Doppler (TCD) Ultrasonography, Near-Infrared Spectroscopy and Brain Tissue Oxygen Tension Monitor
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Monitors of Brain Electrical Activity segment is sub-segmented into Electroencephalography and Evoked Potentials. Based on the procedure, the market is segregated into Non-Invasive and Invasive.
On the basis of therapeutic application, the market is bifurcated into Brain Injuries, Stroke, Dementia, Headache Disorders, Sleep Disorders, Epilepsy, Parkinson’s disease and Huntington’s disease.
Hospitals are estimated to command for the largest share of the market during the forecast period
By End User, the market segmentation is among Hospitals, Neurological Centers and Institutions, Clinics & Ambulatory Surgical Centers, Diagnostic Centers and Ambulances. Hospitals accounted for the major market share in 2016.
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North America is estimated to command the largest share of the market
Based on geography, North America holds the biggest offer of the neurological observing gadgets market because of the headway of innovation and enhanced human services offices. This is closely followed by Europe but Asia-Pacific has the fastest growing market because of huge investments being made in healthcare research and the developing economy.
Key players in the Tissue Diagnostics Market include CAS Medical Systems Inc., Compumedics Ltd., Natus Medical Inc., Philips Healthcare, GE Healthcare, AMD Global Telemedicine, Intel Corporation, Johnson & Johnson, InTouch Health, InTechnology, MEG International Services Ltd., Rimed Inc., Siemens Healthcare, Medtronic Inc., Electrical Geodesics Incorporated, Nihon Kohden Corporation and Advanced Brain Monitoring.
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| Contact Email | [email protected] |
| Issued By | Bhargav |
| Country | India |
| Categories | Business , Marketing , Publishing |
| Tags | neurological monitoring devices , neurological monitoring devices market |
| Last Updated | March 12, 2018 |