Brain health devices are used in the treatment of neurological disorders such as Alzheimer’s disease, dementias, epilepsy, cerebrovascular diseases (stroke), Parkinson’s disease, multiple sclerosis, neuroinfections, brain tumor, and traumatic disorders of the nervous system, headache disorders such as migraines, and others. Neurological disorders may also occur due to various infections such as viral infection (Zika virus), bacterial infection (Neisseria meningitides), and fungal infections (Cryptococcus). According to the World Health Organization (WHO), in 2016, around 450 million people were affected by neurological disorders across the world. Moreover according to same source, around 50 million people suffered from epilepsy across the globe, and over 6 million people die due to stroke each year. Brain health devices such as computed tomography devices, Magnetic Resonance Imaging (MRI) devices, electro encephalogram, magneto encephalogram, and transcranial doppler (TCD) devices are commonly used to monitor brain activity.
Market Dynamics
Increasing focus on product development and introduction of devices for monitoring brain function are expected to contribute to growth of the global brain health devices market. For instance, in February 2019, Medtronic plc. launched its Deep Brain Stimulation (DBS) device which is a surgically implanted medical device for patients with refractory epilepsy. The DBS therapy delivers controlled electrical pulses to the anterior nucleus of the thalamus (ANT), which is a part of a vascular network involved in seizures. The product was approved by the U.S. FDA in May 2018.
Moreover, the major factors contributing to the growth of the brain health devices market are the rising number of Alzheimer’s cases. For instance, according to the Alzheimer’s Association, an estimated number of 5 million people were found to be diagnosed with the Alzheimer’s disease. Moreover, according to same source, Alzheimer’s is the sixth-leading cause of deaths in the U.S.
Key features of the study:
- This report provides in-depth analysis of the global brain health devices market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2018–2026), considering 2018, as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles leading players in the global brain health devices market based on the following parameters – company overview, financial performance, technology portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include BrainScope Company, Inc., Bio-Signal Group Corp., Cadwell Industries, Inc. Advanced Brain Monitoring, Inc., Compumedics Ltd., Elekta, DePuy Synthes, Electrical Geodesics, Inc., Medtronic Plc, GE Healthcare, MEG International Services Ltd, Natus Medical, Inc., Neurowave Systems Inc., Nihon Kohden Corporation, and Philips Healthcare.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future technology launches, governmental initiatives, technological up-gradation, market expansions, and marketing tactics
- The global brain health devices market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers for global brain health devices market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Brain Health Devices Market, By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- Global Brain Health Devices Market, By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- Global Brain Health Devices Market, By End User:
- Hospitals
- Specialty Clinics
- Others
- Global Brain Health Devices Market, By Region:
- North America
- By Country:
- By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- By End User:
- Hospitals
- Specialty Clinics
- Others
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- By End User:
- Hospitals
- Specialty Clinics
- Others
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- By End User:
- Hospitals
- Specialty Clinics
- Others
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- By End User:
- Hospitals
- Specialty Clinics
- Others
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- By End User:
- Hospitals
- Specialty Clinics
- Others
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Device Type:
- Magnetic Resonance Imaging
- Magneto Encephalogram
- Computed Tomography
- Electro Encephalogram
- Intracranial Pressure Monitors
- Transcranial Doppler Devices
- By Application:
- Stroke
- Epilepsy
- Headache Disorders
- Dementia
- Parkinson’s disease
- Traumatic Brain Injuries
- Dyslexia
- Others
- By End User:
- Hospitals
- Specialty Clinics
- Others
- Company Profiles
- BrainScope Company, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Bio-Signal Group Corp.
- Cadwell Industries, Inc.
- Advanced Brain Monitoring, Inc.
- Compumedics Ltd.
- Elekta
- DePuy Synthes
- Electrical Geodesics, Inc
- Medtronic Plc.
- GE Healthcare.
- MEG International Services Ltd
- Natus Medical Inc.
- Neurowave Systems Inc
- Nihon Kohden Corporation
- Philips Healthcare
“*” marked represents similar segmentation in other categories in the respective section.