Global Brain Monitoring Market is anticipated to raise at a CAGR of ~6-7% by 2026

Health

Clinical neurological, neurophysiological, neuroradiological, ultrasound-based, and invasive monitoring of a patient’s nervous system is referred to as brain monitoring. The aim of brain monitoring is to identify altered or pathological neurological function as soon as possible so that the appropriate treatment can be administered before irreversible harm occurs.

The Brain Monitoring Market is expected to grow at a rate of ~6-7% by 2026. Some of the major factors propelling the global brain monitoring market include the rising prevalence of neurological disorders, technological developments in brain monitoring devices, increased prevalence of traumatic brain injuries, rising demand for non-invasive and minimally invasive devices, increased use of brain monitoring in clinical trials, and expanding therapeutic applications of brain monitoring devices.

Growing Demand for Non-Invasive Brain Monitoring Techniques for Measuring Intracranial Pressure Drives the Market

Non-invasive monitoring methods provide a reliable alternative to invasive methods. ICP monitors, transcranial doppler, electroencephalogram, near-infrared spectroscopy, and other techniques are available and can be utilized in a variety of situations. Citing the growing demand for non-invasive techniques, several players have launched innovative products which are expected to propel the market in the coming years.

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For instance,

  • In September 2021, NeuroWave Systems Inc. announced the FDA clearance of its NeuroSENSE® NS-901 Monitor
  • In August 2020, IRRAS AB announced the first patient treatment using the Hummingbird Solo

Increase in Usage of Electroencephalogram (EEG) for Diagnosing Neurological Disorder Propels the Brain Monitoring Market

An EEG is a test that detects abnormalities in brain waves or the brain’s electrical activity. The EEG is utilized to evaluate several types of brain disorders such as monitoring blood flow in the brain during surgical procedures determining the overall electrical activity of the brain, Alzheimer’s disease, certain psychosis, and a sleep disorder called narcolepsy, epilepsy, etc.

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Competitive Landscape Analysis of Brain Monitoring Market

Some of the key players operating in the global brain monitoring market include Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare, and Siemens Healthineers, among others.

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