According to SPER Market Research, the global market for patient monitoring in neurology was valued at $ 5.6 billion in 2021 and valued at $ 8.6 billion by 2030.
NEW YORK, U.S., Jan 11, 2022 /EINPresswire.com/ – According to SPER Market Research, the global market for patient monitoring in neurology was valued at $ 5.6 billion in 2021 and will be $ 8 billion by 2030 $ 6 billion with a CAGR of 6.2. estimated %. The increasing prevalence of neurological, cardiovascular and autoimmune diseases around the world is the main driver behind the growth of the global market for patient monitoring in neurology.
Neurological monitoring devices are used to diagnose abnormal neural and electrical activity in the brain that lead to neurological disorders. Neurological monitoring devices also help monitor blood flow in the arteries and veins that are located in parts of the brain.
According to the WHO, the global burden of epilepsy and multiple sclerosis is expected to increase. The high incidence rates of such neurological diseases as epilepsy, Alzheimer’s disease, and multiple sclerosis will have a great impact on the growth of the neurological patient monitoring market.
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The neurological patient monitoring devices are becoming more user-friendly, less expensive, more technologically advanced and improved in functionality. Factors such as the increasing demand for pre- and post-operative devices as well as increasing installations in critical intensive care units will also ensure the steady growth of this market in the forecast period.
The electroencephalograph market is proportionally the largest product segment in this market. The high proportion of this segment is mainly attributed to the increasing prevalence of epilepsy, Alzheimer’s disease and sleep disorders as well as to the high medical need. North America dominated the market by regional segmentation due to high healthcare spending, healthcare infrastructure support, medical device penetration in healthcare, growing geriatric populations, and growing awareness of neurological diseases.
The Global Neurology Patient Monitoring Market Study provides market data by competitive landscape, sales analysis, market segments, and detailed analysis of major market players such as Siemens Healthineers, Compumedics, Integra LifeSciences Corporation, NeuroWave Systems, Inc, GE Healthcare.
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The SPER market research study aims to provide market dynamics, demand and supply with annual forecasts through 2030. This report contains data for growth estimates and forecasts for product segments-devices (magnetic resonance imaging scanners, computed tomography scanners, electroencephalographs, sleep monitors, cerebral oximeters, intracranial pressure monitors, transcranial doppler devices), accessories (electrodes, sensors, batteries, cables), medical Condition (Traumatic Brain Injury, Dementia, Parkinson’s Disease, Epilepsy, Stroke) and by End User (Hospitals, Neurology Centers, Diagnostic Centers, Outpatient Operations Centers, Other End Users). This report also includes the data for the major regional segments of North America, Europe, Asia Pacific, and the rest of the world.
This study also encompasses various drivers and limiting factors for this market for the forecast period. Various growth opportunities are also discussed in the report.
Key issues of the report
• What are the key opportunities in the global Neurology Patient Monitoring Market?
• What will the growth rate be from 2022 to 2030?
• Which segment / region will show the highest growth?
• What factors will influence / drive the market?
• How is the competitive landscape in the industry?
• What role do key actors play in the value chain?
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