The Global Brain Monitoring Market is growing mainly due to rising geriatric population. According to a recent study report published by the Market Research Future, the brain monitoring market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2022).
Brain monitoring is defined as the process of studying and reporting the brain functioning. Brain monitoring devices are used in case of various diseases such as epilepsy, Huntington’s disease, headache disorders, dementia, Parkinson’s disease, strokes, sleep disorders, traumatic brain injuries, and other. According to the World Health Organization (WHO), nearly 50 million people worldwide have epilepsy, making it one of the most common neurological diseases globally. It is also stated that about three fourths of people with epilepsy are living in low- and middle- income countries do not get proper treatment.
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Brain Monitoring Market – Competitive Analysis
The brain monitoring market is currently dominated by various players. Due to rising prevalence of neurological disorders various existing and new marketers are continuously coming up with innovative products to control this condition. The global brain monitoring market is currently dominated by numerous players.
GE Healthcare is one of them by holding a strong share in the market. The company is a global leader that develops and manufactures brain monitoring devices. The prime emphasis of the company is on production of innovative products. Product portfolio of company includes MAC 800, MAC 2000 Resting ECG System, MAC 5500 HD, CardioDay 2.5 Holter ECG, SEER 1000, SEER 12 Digital Holter ECG Recorder, CASE* Exercise Testing System, and others. On November 28, 2017, GE Healthcare acquired UK based company, Puridify to bring improvements in the process development phase and small-scale manufacturing for variety of biopharmaceutical applications. Further, the company has also invested heavily in various research and development activities to bring innovative products in the market and to cater to the unmet market needs.
Brain Monitoring Market Key Players:
GE Healthcare (UK), Koninklijke Philips N.V. (The Netherlands), Welch Allyn (US), Nihon Kohden (Japan), Spacelabs Healthcare (US), CompuMed, Inc. (US), Schiller (Switzerland), CardioNet (US), Medtronic plc (Ireland), CAS Medical Systems, Inc. (US), Natus Medical Inc. (US), and Electrical Geodesics Incorporated (US) are some of the prominent players at the forefront of competition in the brain monitoring market and are profiled in MRFR Analysis.
Study Objectives Global Brain Monitoring Market:
Detail analysis of global Brain Monitoring market with region specific growth and competitive analysis on the basis of major players present in the market
Detail analysis of global Brain Monitoring market and different drivers and restraints affecting the growth of the market
Detailed analysis of the historical and forecasted market Analysis of the market on the basis of factors like- price analysis, supply chain analysis, porters five force analysis etc.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Brain Monitoring market.
Detail analysis on the possible segments and sub segments of the market.
Insights on the major countries/regions in which these major industries are flourishing and to also identify the untapped regions which could be the potential markets in future
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