MarketsandMarkets Presents
Brain Monitoring Market - Asian Region to offer Numerous Growth Opportunities for Major Players http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market909.html
The report "Brain Monitoring Market by Product (MRI, CT, PET, EEG, EMG, MEG, TCD, ICP, Electrodes, Sensors, Gels, Cables), Procedure (Invasive, Non-Invasive), Disease (TBI, Stroke, Dementia, Epilepsy) & End User (Hospital, Clinic, ASC, Ambulance) - Forecasts to 2021", analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and the Rest of the World (RoW). Browse: 309 market data tables 46 figures 288 pages and in-depth TOC on ÍžBrain Monitoring MarketÍ&#x;
Download the PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=909 The global brain monitoring market is expected to reach USD 12.22 Billion by 2021 from USD 8.80 Billion in 2016, growing at a CAGR of 6.8% from 2016 to 2021. http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market909.html
The presence of a large untreated population with neurological conditions, rising demand for noninvasive devices, expanding therapeutic applications of brain monitoring devices, and increasing application of brain monitoring devices in clinical trials are expected to offer significant growth opportunities for players operating in this market. Talk to Our Research Experts@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=909 The
increasing
incidence
of
neurological
disorders,
rising
awareness
about
neurodegenerative diseases, growth in the number of traumatic brain injuries, and
technological advancements are major factors driving the demand for brain monitoring devices. On the other hand, the shortage of trained professionals to effectively operate brain monitoring devices and unfavorable reimbursement policies are restraining the growth of this market. http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market909.html
Key players are focusing on partnerships, collaborations, contracts, and agreements; approvals, clearances and product/technology launches and upgrades; expansions; acquisitions; and other strategies (include investments, grants, and funding) to grow in the market. The brain monitoring market is segmented on the basis of product into devices and accessories. The accessories segment showcases lucrative growth potential and represents
the new revenue pocket for the players during the forecast period.
The high growth of this segment can be attributed to some of the major factors like the
increasing demand for brain monitoring devices, increasing development and adoption of novel accessories, and increasing demand for disposable accessories.
http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market909.html
In the coming years, growth in the brain monitoring market is likely to be centered in the Asia. The brain monitoring market in Asia is relatively smaller than the North American and European markets. However, it is expected to grow at the highest CAGR during the forecast period. Its high growth can be attributed to the increasing patient population for neurological conditions and growing awareness on diseases that require brain monitoring. The greater need for
the early diagnosis of diseases, to provide better care, is expected to contribute significantly to market growth in Asia.
In addition, an increase in disposable income has boosted the purchasing power of the Asian population. This has also enabled hospitals and clinics in this region to adopt advanced treatment and sophisticated monitoring devices. Other factors like increasing healthcare spending and healthcare reforms are expected to support market growth. http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market909.html
Asia offers the advantage of low-cost and skilled labor, which encourages multinational companies to invest in these markets. For instance, in February 2015, Compumedics (Australia) relocated the production of EEG caps to the low-cost Asian region; the company is also planning to shift the production of sleep devices to Asia. These are some of the major factors boosting the growth of the brain monitoring market in this region.
http://www.marketsandmarkets.com/Market-Reports/brain-monitoring-devices-market909.html
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