Brain Health Devices Market

Brain Health Devices Market - Industry
Trends, Analysis And Growth By 2026
Brain health devices, also known as brain monitoring devices, include magneto encephalograms,
cerebral oximeters, electromyography (EMG) devices, deep brain stimulation systems (brain
pacemaker), and other implantable brain devices. These devices are used to control and
monitors the activity related to brain cell (neurons) functions that may cause neurological
disorders such as Alzheimer’s, Parkinson’s, epilepsy, dementia, multiple sclerosis, sleep disorder,
and brain tumor. These neurological conditions can be treated with drug therapies, however
some surgical procedures are recommended in later stages of the condition.
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Increasing demand for minimally-invasive treatment options in emerging economies is expected
to drive the brain health devices market. Moreover, brain health devices are becoming an
effective minimally-invasive therapy for Parkinson’s patients, which is providing manufacturers
opportunities to gain significant market traction in emerging economies.
The global brain health devices market was valued at US$ 9,070.5 million in 2018, and is
expected to witness a CAGR of 7.7% during the forecast period (2019–2026).
Report includes chapters which deeply display the following deliverable about industry :
• Brain Health Devices Market Research Objective and Assumption
• Brain Health Devices Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Brain Health Devices Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Brain Health Devices Market, By Regions
• Brain Health Devices Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Brain Health Devices Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Brain Health Devices Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Brain Health Devices Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Increasing number of regulatory approvals for brain health devices is expected to drive growth
of the global brain health devices market
Most of hospitals and healthcare organizations implementing insertion of brain implants in
patients who are at a risk of developing neurological disorders, in order to provide artificial
control on the brain functioning. Moreover, regulatory approvals for innovative and advanced
brain health devices is expected to propel the brain health devices market growth in the near
future. For instance, in April 2019, GE Healthcare received the U.S. Food and Drug
Administration (FDA) 510(k) clearance for its Deep Learning Image Reconstruction engine on the
new Revolution Apex computed tomography (CT) device. Deep Learning Image Reconstruction
(DLIR), a next-generation image reconstruction option, uses a dedicated deep neural network
(DNN) to generate TrueFidelity CT Images.
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Market Dynamics
Increasing focus on product development and introduction of devices for monitoring brain
function are expected to contribute to growth of the global brain health devices market. For
instance, in February 2019, Medtronic plc. launched its Deep Brain Stimulation (DBS) device
which is a surgically implanted medical device for patients with refractory epilepsy. The DBS
therapy delivers controlled electrical pulses to the anterior nucleus of the thalamus (ANT),
which is a part of a vascular network involved in seizures. The product was approved by the
U.S. FDA in May 2018.
Global Brain Health Devices Market - Competitive Landscape
Key players operating 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.
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Brain health devices, also known as brain monitoring devices, include magneto encephalograms, cerebral oximeters, electromyography (EMG) devices, deep brain stimulation systems (brain pacemaker), and other implantable brain devices.