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Brain Health Devices Market, By Product Type, Application - Global Trends, and Forecast 2017 - 2025

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Brain health devices are used in the treatment of neurological disorders such as Alzheimer disease and other dementias, epilepsy, cerebrovascular diseases, including stroke, migraine, and other headache disorders, Parkinson’s disease, multiple scler
BRAIN HEALTH DEVICES MARKET
Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2017–2025
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REPORT DESCRIPTION
Brain Health Devices Market Overview
Brain health devices are used in the treatment of neurological disorders such as Alzheimer
disease and other dementias, epilepsy, cerebrovascular diseases, including stroke, migraine, and
other headache disorders, Parkinson’s disease, multiple sclerosis, neuroinfections, brain tumors,
traumatic disorders of the nervous system due to head trauma and neurological disorders as a
result of malnutrition. Neurological disorders may also occur due to various infections such as
viral infection (Zika virus), bacterial infection (Neisseria meningitides), and fungal infection
(Cryptococcus). According to the World Health Organization (WHO), in 2016, around 450
millions of people were affected by neurological disorders across the world. Around 50 million
people were reported to be suffering from epilepsy across the globe and over 6 million people
die due to stroke each year. Brain health devices such as CT scan, MRI, EEG, MEG, Transcranial
Doppler (TCD) devices are commonly used to monitor brain activity.
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Rising prevalence of Alzheimer’s disease is expected to boost market growth
The major factor contributing to growth of the brain health devices market is the rising number
of Alzheimer’s cases. For instance, According to the Alzheimer’s Association, in 2017, over 5
million people are estimated to be suffering from Alzheimer’s disease, which is also reported to
be the sixth-leading cause of death in the U.S. Furthermore, growing geriatric population, rising
number of traumatic brain injury cases, and rampant advancements in technology such as brain
biomarkers, gene therapy, stem cell therapy and smart brain prosthetics are contributing to
growth of the brain health devices market.
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REPORT DESCRIPTION
Brain Health Devices Market Taxonomy
The global brain health devices market is segmented on the basis of devices, application, end user,
and geography
On the basis of devices, the global brain health devices market is segmented into
• Magnetic Resonance Imaging
• Magneto Encephalogram
• Computed Tomography
• Electro Encephalogram
On the basis of application, the global brain health devices market is segmented into
• Stroke
• Epilepsy
• Headache Disorders
• Dementia
• Parkinson’s disease
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On the basis of region, the global brain health devices market is segmented into North America,
Latin America, Europe, Asia pacific, Middle East, and Africa. North America is expected to hold a
dominant position in the global brain health devices market, owing to rising number of
traumatic brain injury cases in the U.S. For instance, According to the Centers for Disease
Control and Prevention in 2013, around 282,000 people were diagnosed with brain injury and
around 50,000 people died due to traumatic brain injury. It is estimated to be a major cause of
disability and death in the U.S. Furthermore, high adoption of advanced technologies such as
Pacifica, Pala-linq, and Spire and Fisher Wallace Stimulator have also contributed to growth of
the brain health devices market in the U.S. Moreover, Asia Pacific is expected to be the fastestgrowing region in the global brain health devices market.
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FDA approval of the first handheld medical device Ahead 300 launched by BrainScope is
expected to propel the brain health devices market
Major players involved in the global brain health devices market include BrainScope Company,
Inc., Bio-Signal Group Corp., Cadwell Industries, Inc. Advanced Brain Monitoring, Inc.,
Compumedics Ltd., Elekta, DePuy Synthes, Electrical Geodesics, Inc., Medtronic, GE
Healthcare, MEG International Services Ltd, Natus Medical, Inc., Neurowave Systems Inc.,
Nihon Kohden Corporation, and Philips Healthcare. The key players are focusing on strategic
mergers and acquisitions and development of innovative products. For instance, in 2016, Food
and Drug Administration (FDA) approved the first handheld medical device named Ahead 300,
launched by BrainScope Company, Inc. for assessing traumatic brain injury.
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