USD 3.7 billion
Report ID:
SQMIG35A2996 |
Region:
Global |
Published Date: February, 2025
Pages:
193
|Tables:
123
|Figures:
71
Global Brain Monitoring Market size was valued at USD 3.7 billion in 2023 and is poised to grow from USD 3.95 billion in 2024 to USD 6.63 billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).
The global brain monitoring market is experiencing strong growth due to the increasing incidences of brain disorders and growing geriatric population across the globe. Moreover, the rise in demand for brain monitoring devices and increase in research & development worldwide is boosting the brain monitoring market growth. One of the primary reasons boosting the global industry throughout the projected period is an increase in the incidence of neurological illnesses with an increase in the elderly demographic. Furthermore, the rising prevalence of head damage due to increasing incidences of accidents globally is also fueling the development of the brain monitoring industry. Increased intracranial hypertension is a also a major source of subsequent brain damage, and ICP measurement has become an essential element of head imaging following brain trauma. Increasing cases of dementia globally is expected to boost the monitoring equipment industry demand.
Brain monitoring is also used for tracking the functions of the brain and it also helps in understanding the velocity at which the blood flows through the arteries and the veins when there are cases of epilepsy. They also help in analyzing and monitoring the neural activity as well as the electrical activity of the brain. In the conditions of brain death these devices help in understanding the blood flow to the brain and help in providing a therapeutic way for the patient to cure. Constant research and development in the field has led to the introduction of monitoring devices that are automated, and these automated devices used in the monitoring of the brain are expected to provide a significant growth in the coming years. The use of these devices in the hospitals as well as the clinics are extremely important in understanding the impact data selective or the anesthesia has on the brain of the person. As the cases of disorders of the brain have increased in recent years the need for monitoring devices is expected to grow. Neurological infections, multiple sclerosis and strokes are some of the conditions that will help in the significant growth of the market.
Key Market Attributes
In October 2023, WHO released their Intersectoral Global Action Plan (IGAP) on neurological disorders. This is an extremely vital blueprint that can help fight neurological conditions that require urgent action from government bodies and health care organizations globally. The IGAP outlines the objects that can help governments and national health care organizations to invest in research in sectors that will impact the most on global health. According to Tarun Dua, the Head of the Brain Health Unit at the World Health Organization (WHO), who presented the new IGAP at the 26th World Congress of Neurology, “The Intersectoral Global Action Plan on epilepsy and other neurological disorders is a roadmap that outlines how we can promote brain health, prevent neurological disorders and ensure appropriate diagnosis, treatment and care for people living with these conditions.”
In October 2022, WHO introduced a report, which highlighted that there is an increasing prevalence of stroke by 50% globally throughout the last 27 years. The report shows that 1 in 4 people is predicted to suffer from stroke in their lifetime. They have highlighted that the increasing prevalence of strokes, which is 86% of deaths due to stroke and 89% of Disability Adjusted Life Years (DALYs) happens in the lower and lower-middle-income countries. This is mainly because these countries do not have easy accessibility to healthcare and reduced resources.
In November 2022, the Neurosteer Inc. received the FDA clearance for their Neurosteer single-channel EEG brain monitoring platform to be utilized in various clinical settings. For example, the platform can easily monitor the brain constantly in the ICU for supporting vital interventions. Furthermore, in a doctor’s office the platform can be used for detecting pre-symptomatic cognitive decline, which is one of the main early features of Parkinson’s, Alzheimer’s, and dementia. The platform also has the potential to increase the speed of drug trials and make them cost-efficient for screening participants for neurodegenerative disorders.
Market snapshot - 2025-2032
Global Market Size
USD 3.7 billion
Largest Segment
Non-Invasive
Fastest Growth
Invasive
Growth Rate
6.7% CAGR
To get more reports on the above market click here to Buy The Report
Global Brain Monitoring Market is segmented by Product Type, Procedure, Application and region. Based on Product Type, the market is segmented into Electroencephalography (EEG) Devices, Magnetoencephalography (MEG) Devices, Transcranial Doppler (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, Electromyography (EMG) Devices and Accessories. Based on Procedure, the market is segmented into Invasive and Non-invasive. Based on Application, the market is segmented into Epilepsy, Dementia, Parkinson's Disease, Huntington's Disease, Headache Disorders, Stroke, Traumatic Brain Injuries, Sleep Disorders and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Procedure
Based on procedure, the non-invasive segment is dominating with the largest brain monitoring market share. The non-invasive segment is leading in the brain monitoring market because of the increasing prevalence of traumatic brain injuries, the high acceptance rate of minimally invasive devices, and the low mortality rate. Furthermore, the emerging technology in the non-invasive segment is also immensely contributing towards the growth of the market. For instance, the near-infrared diffuse correlation spectroscopy (NIR-DCS) has emerged has a powerful non-invasive tool for measuring changes in skeletal muscle perfusion at the microvascular level. The NIR-DCS can potentially monitor acute transformation in oxygen delivery. These types of advancements are rapidly increasing the demands for the non-invasive instruments, leading to market growth.
The invasive segment is expected to witness significant demand growth during the forecast period. Invasive brain monitoring devices are primarily utilized in critical care settings for conditions such as traumatic brain injury and stroke, offering precise measurements of intracranial pressure and brain oxygenation. High demand in intensive care units (ICUs) for monitoring patients with traumatic brain injury, intracranial hemorrhage, and hydrocephalus is driving the demand for invasive procedures. This procedure is essential for optimizing management during neurosurgical procedures such as tumor resection or placement of shunts. However, these methods pose risks such as infection and hemorrhage, which can impact their adoption.
Analysis by End User
Based on end user, the hospital segment is dominating the brain monitoring market. The hospital sector is the primary end-user of brain monitoring technology, dominating in terms of market share. This segment held the largest portion within the Brain Monitoring Industry due to its access to costly and high-tech equipment necessary for complex procedures. This is attributed to their extensive resources & sophisticated equipment required for intricate procedures, which smaller clinics or facilities lack. Due to hospitals’ ability to treat more patients than others, they play an integral role as key stakeholders who utilize advanced medical technology such as this. The high costs involved in maintaining these devices, significantly affect healthcare establishments.
As per brain monitoring market analysis, ambulatory surgical centers segment is expected to be the fastest growing segment. Ambulatory surgical centers (ASCs) have also increased their adoption of brain monitoring devices. This trend is driven by the growing number of outpatient neurological procedures that require precise monitoring of brain activity without extended hospital stays. With the emergence of elevated health plans and narrowed networks, individuals are increasingly becoming more aware about costs in their medical decisions. The preference for ambulatory surgery services is increasing rapidly because of the low outpatient service costs, growing patient pool, and rapid adoption of latest technologies utilized in minimally invasive procedures. Moreover, the advancements in ambulatory care facilities are also driving the revenue growth of this segment over the forecast period.
To get detailed analysis on other segments, Request For Free Sample Report
North America is dominating with the largest brain monitoring market share. The market for brain monitoring devices in North America will be driven by advancements in healthcare infrastructure. The region’s established healthcare infrastructure and continued investments in cutting-edge medical technology improve diagnostic and treatment capacities. Advanced infrastructure promotes the use of advanced brain monitoring devices, allowing for early and accurate diagnostics of neurological diseases. As hospitals and medical facilities incorporate these technologies into their procedures, demand for brain monitoring devices is likely to surge, accelerating market growth in North America. Constant research and development in the field is increasing the growth of the market.
Asia Pacific is anticipated to witness the highest growth during the brain monitoring market forecast period. The rising incidence of neurological disorders will drive the Asia-Pacific brain monitoring device market. The rising prevalence of disorders like epilepsy, stroke and neurodegenerative diseases drives demand for better diagnostic technologies. As the region’s healthcare spending increase and access to medical technologies improves, the necessity for effective brain monitoring solutions grows. This tendency, together with growing healthcare infrastructure and awareness, is likely to significantly enhance the market for brain monitoring devices in Asia-Pacific. Advanced research in the field of monitoring devices will be made available in the market in the near future.
Europe is being considered as holding potential for stable growth rate in the global brain monitoring market due to the rise in prevalence of brain disorders and growing geriatric population in the region. For instance, according to the European Parkinson's Disease Association (EPDA), there are currently more than 1.2 million people living with Parkinson's disease (PD) in Europe and this number is forecast to double by 2030. Parkinson's is also a highly individual condition that differs from person to person, which requires a personalized approach to treatment and care. Government initiatives aimed at enhancing healthcare facilities and incorporating advanced technologies like artificial intelligence and machine learning in brain monitoring devices further drive market growth in Europe.
The Latin American market for brain monitoring is growing as a result of the rise in the elderly population, which also raises demand for these devices. The increasing prevalence of neurological disorders such as Parkinson's, migraine, epilepsy, neurodegeneration, brain stroke, multiple sclerosis, etc. are becoming more common. The devices are being widely used for diagnosing and treating them, leading to the growth of the market. Due to government funding for the advancement of research into dementia and Alzheimer's for producing advanced brain monitoring equipment, the market for brain monitoring is increasing in the region of Latin America.
The MEA region is witnessing moderate growth in the global brain monitoring market during the forecast period. Government bodies and healthcare facilities are introducing new advanced technologies to provide better treatment for patients suffering from brain diseases. Moreover, the Dubai police are utilizing brain monitoring system for evaluating a suspect's brain activity to see whether they remember the crime scene. The crime-fighting tool, known as brain fingerprinting, is one of the most recent innovations and is currently being tested in the UAE.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Increasing Prevalence of Neurological Diseases
Increasing Research in Neuroscience
Restraints
Rising Expense of Brain Monitoring Devices
Highly Complicated Regulations
Request Free Customization of this report to help us to meet your business objectives.
The global brain monitoring devices market is highlighting the changing landscape boosted by advancements in technology, increasing demand for accurate diagnostic tools, and a growing emphasis on patient-centric care. The companies are innovating and enhancing the quality of healthcare delivery, the market has seen a surge in investment, resulting in a plethora of new products and services aimed at improving brain health monitoring. Moreover, the competitive dynamics are influenced by a combination of established players and emerging startups, each striving to gain a foothold by differentiating their offerings through technological innovation, strategic partnerships, and enhanced customer service. With the rise in neurological disorders globally and an aging population, the competitive landscape is likely to intensify, compelling companies to refine their strategies and expand their market presence.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, brain monitoring devices are crucial tools used in the healthcare sector to assess and manage neurological conditions by providing real-time insights into brain activity and functions. These devices are integral in diagnosing and treating disorders such as epilepsy, Alzheimer’s disease, and traumatic brain injuries, among others. The market for these devices is expanding significantly, fueled by technological innovations and a growing need due to the increasing prevalence of neurological disorders. Technological advancements are enabling the integration of non-invasive, wearable EEG devices that offer patient-centric monitoring, highlighting a shift towards solutions that prioritize patient comfort and mobility.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 3.7 billion |
Market size value in 2032 | USD 6.63 billion |
Growth Rate | 6.7% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Brain Monitoring Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Brain Monitoring Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Brain Monitoring Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Brain Monitoring Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
Global Brain Monitoring Market size was valued at USD 7.36 Billion in 2023 and is poised to grow from USD 7.78 Billion in 2024 to USD 12.16 Billion by 2032, growing at a CAGR of 5.74% in the forecast period (2025-2032).
The global brain monitoring devices market is highlighting the changing landscape boosted by advancements in technology, increasing demand for accurate diagnostic tools, and a growing emphasis on patient-centric care. The companies are innovating and enhancing the quality of healthcare delivery, the market has seen a surge in investment, resulting in a plethora of new products and services aimed at improving brain health monitoring. Moreover, the competitive dynamics are influenced by a combination of established players and emerging startups, each striving to gain a foothold by differentiating their offerings through technological innovation, strategic partnerships, and enhanced customer service. With the rise in neurological disorders globally and an aging population, the competitive landscape is likely to intensify, compelling companies to refine their strategies and expand their market presence. 'NIHON KOHDEN CORPORATION (Japan)', 'Koninklijke Philips N.V. (Netherlands)', 'GENERAL ELECTRIC COMPANY (U.S.)', 'Siemens Healthcare Private Limited (Germany)', 'Natus Medical Incorporated (U.S.)', 'Compumedics Limited (Australia)', 'Electrical Geodesics, Inc (U.S.)', 'CAS Medical Systems Inc (U.S.)', 'Advanced Brain Monitoring (U.S.)', 'B. Braun Medical (Germany)', 'BD (U.S.)', 'DePuySynthes Companies (U.S.)', 'Cadwell Industries, Inc. (U.S.)', 'Masimo Corporation (U.S.)'
The global prevalence of neurological disorders, including epilepsy, Alzheimer's disease, Parkinson's disease, and stroke, is on the rise. This escalating prevalence of neurological conditions necessitates effective diagnostic and monitoring tools, driving the demand for brain monitoring devices. To address this driver, manufacturers focus on developing devices that enhance diagnostic accuracy and provide real-time data for managing neurological disorders.
Emergence of Telemedicine and Remote Monitoring: The integration of brain monitoring devices with telemedicine platforms presents a significant opportunity. Telemedicine allows for remote monitoring of patients' brain health, enabling healthcare providers to assess and diagnose neurological conditions without physical presence. To capitalize on this opportunity, companies work on device connectivity and compatibility with telehealth systems.
North America is dominating with the largest brain monitoring market share. The market for brain monitoring devices in North America will be driven by advancements in healthcare infrastructure. The region’s established healthcare infrastructure and continued investments in cutting-edge medical technology improve diagnostic and treatment capacities. Advanced infrastructure promotes the use of advanced brain monitoring devices, allowing for early and accurate diagnostics of neurological diseases. As hospitals and medical facilities incorporate these technologies into their procedures, demand for brain monitoring devices is likely to surge, accelerating market growth in North America. Constant research and development in the field is increasing the growth of the market.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG35A2996
sales@skyquestt.com
USA +1 351-333-4748