Brain Monitoring - Growth and Opportunities
Posted by Govind TMR on September 21st, 2022
Recent findings bring out the crucial role of brain monitoring devices in critical care units, driven by the increasing number of accidents. The global brain monitoring market offers a range of devices that monitor and identify abnormal brain activities, assisting in the treatment of brain-related disorders. According to the U.S. National Institute of Mental Health, every fourth adult in the U.S. is affected by a brain disorder, while nearly 6% of the population suffers from disabilities originating from severe brain damage.
By end user, neurology centers, ambulatory surgical centers, hospitals, clinics, and ambulances can be some of the major segments of the market. Based on procedure, invasive and non-invasive can be the two broad categories. By type of disease, traumatic brain injuries, epilepsy, Huntington’s disease, sleep disorders, strokes, dementia, headache disorders, and Parkinson’s disease can be the key segments.
Global Brain Monitoring Market: Key Trends
Growing incidence of neurological and psychotic conditions, greater number of traumatic brain injuries, increasing awareness pertaining to neurodegenerative diseases and technological breakthroughs in the domain of brain monitoring have been the key growth drivers of the global brain monitoring market. The demand for non-invasive brain monitoring procedures has been escalating, promoting the market’s growth. Greater safety, reduced costs, enhanced speed, and convenience of these methods are some prominent advantages of non-invasive brain monitoring.
On the contrary, the dearth of skilled professionals, high costs of these devices, and the presence of unfavorable reimbursements might create obstacles for the growth of the global brain monitoring market. However, the emergence of cutting-edge technological solutions will open up doors to newer opportunities.
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About the AuthorGovind TMR
Joined: July 28th, 2022
Articles Posted: 147
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