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Brain Monitoring Market Trends

Report ID: GMI8179
Published Date: Feb 2024
Report Format: PDF

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Brain Monitoring Market Trends

Growing awareness and focus on brain health represent a significant societal shift towards recognizing the crucial role that brain well-being plays in overall health and quality of life. This emphasis on brain health encompasses various aspects, reflecting a holistic approach to maintaining and enhancing cognitive function, emotional well-being, and neurological resilience.

The growing recognition of the interconnectedness between mental health and brain health has spurred conversations about destigmatizing mental health issues. There is an increased emphasis on understanding and addressing conditions such as depression, anxiety, and stress to support overall brain health.
Ongoing research in neuroscience and neurology is contributing to a deeper understanding of brain health. Innovations in brain monitoring technologies, diagnostic tools, and therapeutic interventions are emerging, providing new avenues for early detection and personalized treatment of neurological conditions.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of brain monitoring was worth more than USD 4.7 Billion in 2023 and is estimated to reach over USD 8.2 billion by 2032 as there is a growing emphasis on developing and improving brain monitoring technologies for specific neurological disorders such as epilepsy, Parkinson’s disease, Alzheimer’s disease, and traumatic brain injury.

The devices segment is poised to witness more than 6.5% CAGR during 2024 and 2032 owing to the integration of multiple monitoring modalities into a single device, providing a complete picture of brain function and health.

North America market for brain monitoring accounted for USD 2.1 billion in 2023 and is predicted to witness substantial growth through 2032 as neurocritical care units in North American hospitals are gaining prominence.

BrainScope Company, Inc., Cadwell Industries, Inc., Compumedics Limited, Edwards Lifesciences, Elekta AB, GE Healthcare, Koninklijke Philips N.V., Medtronic plc, Natus Medical Incorporated, and Siemens Healthineers AG.