Brain Monitoring Systems A Growing Market

As per a research study by Future Market Insights (FMI), the brain monitoring systems market is projected to expand to $3.5 billion by end of 2019. Factors including government funding for development of advanced medical devices and favorable healthcare reimbursements are key sales influencers.

 

Report Insights

Industry Event

Sensors Expo & Conference

Register now and save with Early Bird Rates – Limited Passes Available!

North America’s can’t-miss event dedicated to sensors, connectivity, and IoT will take place this June 22-24 in San Jose, CA. Attendees can make connections, collaborate with experts & peers, get insight into emerging technology & trends, and find new approaches to evergreen challenges. Use promo code FE100 for $100 off Conference Passes.
  • Rising prevalence of brain aneurysm and chronic brain injuries have necessitated adoption of brain monitoring systems expediting early and effective treatment.
  • Demand for brain monitoring systems significantly took off in parallel with convergence of technology and healthcare, which translated into a massive influx of advanced medical devices with high functionality.
  • EEG machines to gain significant momentum as widely-preferred brain monitoring systems, with revenues estimated to surpass US$ 1.5 Bn in 2019. Focus on delivering effective treatment via early detection of abnormalities have led the adoption of EEG machines.
  • Brain monitoring systems continue to witness significant demand from Hospitals (ICUS and adult care), with revenue expected to cross $1 billion in 2019.
  • Penetration of IoT in the medical devices and systems landscape shows no signs of abating, evolving as a promising breakthrough that could result in connected ecosystems for brain monitoring devices with enhanced functionalities.
  • The transition toward miniaturized and portable models is gaining swift momentum in the brain monitoring systems landscape, as patients actively seek advanced devices with new modalities.

Need more information? Then request a sample report.

 

Future Market Insights

[email protected]    

https://www.futuremarketinsights.com

Suggested Articles

Tech companies unable to generate cash will likely be out of business, clearing the market, says Siebel systems founder

Intel diversified and saw growth in 2019, unlike competitors focused heavily on memory

Technology efforts being made on a number of fronts to battle COVID-19 highlight the news for the week of March 30.