“The brain monitoring market is categorized on the basis of product, procedure, therapeutic application, end user and region. Factors such as increasing incidence and prevalence of neurological disorders, rising awareness about neurodegenerative diseases, technological advancements in brain monitoring devices and growing incidence of traumatic brain injuries are driving market growth. On the other hand, shortage of trained professionals, high cost of complex brain monitoring devices, unfavorable reimbursement policies and concerns regarding the accuracy of diagnostic devices may restrict market growth in the forecast period.
North America accounts for the highest share of the global brain monitoring market. The overall rising incidence of various neurodegenerative and sleep disorders, availability of insurance coverage for brain monitoring techniques, presence of strong sales and distribution network of leading neurodiagnostic companies, and government initiatives to support technological advancements is driving the growth of this market in this region.
Apart from the comprehensive geographical analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise basic views on key players and their product portfolios, developments, and strategies adopted. The above mentioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographical focus, and change in strategic approach; R&D investments; and levels of output in order to remain successful.
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