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According to the latest report by IMARC Group, titled “ Brain Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 202 2-2027
” the global brain monitoring market reached a strong growth in 2021.
Brain monitoring is a process widely employed for monitoring neural and electrical activity by analyzing the function, structure, and abnormalities of the brain. The procedure track brain functions by utilizing various brain monitoring devices, such as electroencephalography (EEG), functional Magnetic Resonance Imaging (fMRI), intracranial pressure monitors, and magnetoencephalography (MEG). Most of these devices are cost-effective, portable, compact, lightweight, and powered by one AAA battery. Some common neurological disorders observed and treated with brain monitoring resolutions include headache disorders, stroke, Parkinson’s disease, dementia, cerebral palsy, multiple sclerosis, epilepsy, and neuro infections.
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The market is primarily driven by the rising prevalence of neurodegenerative disorders due to the growing geriatric population who are more susceptible to these disorders. In addition, technological advancements and the advent of wireless technology and miniature medical devices have reduced the size of brain monitoring devices, leading to the extensive adoption of brain monitoring devices. In line with this, the frequency of sleeping disorders and epilepsy, along with unmet medical needs, further accelerates the market growth. Other factors, including the development of healthcare infrastructure, growing patient awareness, and extensive research and development (R&D) activities conducted by manufacturers, are creating a positive market outlook.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
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