The purpose of the report is to illustrate the state of the market of Brain Health Devices, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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According to the WHO, neurological disorders currently affect almost billion people worldwide. There is a demographic transition being witnessed with increase in geriatric population, leading to rise in neurological disorders such as Parkinson’s disease, Alzheimer’s disease and other forms of dementia. It is anticipated that the number of cases of neurological disorders will further escalate through the coming years, thus making rise in geriatric population and neurological disorders the key growth drivers of global brain health devices market. Brain monitoring devices such as electroencephalogram (EEG), computed tomography (CT), magnetic resonance imaging (MRI) are used to understand the condition of the patient suffering from epilepsy, stroke, dementia, Parkinson’s disease etc. Along with government initiatives, actions by nongovernmental organizations also play an important role in prevention, diagnosis and management of neurological disorders. Awareness about neurological diseases, partnership with health policy makers and health care providers are bringing about a change in treatment stratagem. With technological advancement, invasive and non-invasive monitors are used to evaluate and guide the care of patients with brain injury. Rise in incidence of traumatic brain injuries, surgical procedures leading to hypotension or hypoxia conditions are the driving factors supporting the demand for intracranial pressure (ICP), cerebral oximeters, etc., that are witnessing growth in brain health devices market.
Key players in the brain health devices market are Advanced Brain Monitoring, BrainScope Company, Bio-Signal Group, Cadwell Laboratories Inc, CAS Medical Systems, Inc., Covidien PLC, Compumedics Ltd., DePuy Synthes Companies, Elekta A.B, Electrical Geodesics Incorporated, Integra Life Sciences Corporation, GE Healthcare, Medtronic Plc., MEG International Services Ltd, Natus Medical, Inc., Neurowave Systems, Nihon Kohden Corporation, Philips Healthcare, Siemens Healthineers and others
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Brain Health Devices buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Brain Health Devices contains:
Analysis and forecast of Brain Health Devices market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Brain Health Devices market;
Assessment and forecast of Brain Health Devices market development;
Financial and business profiles of the leading companies in the Brain Health Devices industry.
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– Up to date working Brain Health Devices data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Brain Health Devices for the period 2018 to 2026
– Planned Brain Health Devices additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Brain Health Devices projects by region, key countries, and companies
– Details of major planned Brain Health Devices projects in the world up to 2026
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