Brain Monitoring Devices Market Analysis

Product (EEG Devices, MEG Devices, TCD Devices, ICP Monitors, Cerebral Oximeters, MRI Devices, CT Devices, PET Devices, Sleep Monitoring Devices, EMG Devices and Accessories)

Among the product types, the transcranial doppler devices (TCD) segment in the brain monitoring devices market is poised to have the highest growth during the forecast period. The device is used for ultrasound and uses sound waves to monitor the blood flow in the brain. In October 2022, WHO published a report highlighting a 50% increase in stroke cases globally over the last 27 years, and that 1 in 4 people is estimated to suffer from a stroke in their lifetime. The increasing number of cases of stroke is the primary driver in the growth of the TCD segment. In 2022, Viasonix reported that there was a 75% increase in the sales of their TCD devices.

The electroencephalography (EEG) devices segment is expected to register rapid revenue growth between 2024 and 2036 owing to rising demand for non-invasive diagnostic process, increasing neurological disorders, and rising availability of technological advancements in EEG products.

End use (Hospital, Diagnostic Center)

The hospitals segment holds a significant brain monitoring devices market share and is expected to continue to grow steadily during the forecast period. The growth of the hospital segment coincides with increased spending on neurological care. Countries such as the U.S, Switzerland, and Germany, spend a considerable amount on healthcare, allowing hospitals to have the necessary funds to set up quality infrastructure.

In 2023, WHO released the Intersectoral Global Action Plan (IGAP) on neurological disorders, poised to lead to greater investments in neurological care. Hospitals see the highest footfall of patients for various neurological conditions such as multiple sclerosis, epilepsy, mental illnesses, Alzheimer's, brain tumors, and traumatic brain injuries due to which the use of brain monitoring devices in hospitals is higher compared to other segments.

Our in-depth analysis of the global market includes the following segments:

Product	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
Procedure	Invasive Non-Invasive
Application	Dementia Epilepsy Stroke Parkinson’s Disease Sleep Disorders Other
End use	Hospitals Diagnostics Centers Others

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of brain monitoring devices was over USD 6.1 billion.

The market size for brain monitoring devices is projected to cross USD 13.6 billion by the end of 2036, expanding at a CAGR of 6.9% during the forecast period i.e., between 2024-2036.

The major players in the market are Natus Medical Incorporated, Neurosoft, Medtronic, Masimo Corporation, NIHON KOHDEN CORPORATION, and others.

The product transcranial doppler device (TCD) segment is expected to register a significant revenue CAGR throughout the forecast period owing to the increasing number of neurological disorders globally such as stroke, dementia, Parkinson's disease, etc.

The North America brain monitoring devices market is poised to hold a 40.1% share by the end of 2036.

Brain Monitoring Devices Market Analysis