According to SPER Market Research, the Global Neurology Patient Monitoring Market Analysis was valued at USD 5.6 Bn in 2021 and estimated to reach USD 8.6 Bn by 2030 with a CAGR of 6.2% Neurological conditions including epilepsy and Alzheimer’s disease are becoming a major source of disability and death on a global scale. With an aging population, there will be an increase in people with neurological problems in the upcoming years.
Devices for neurological monitoring are used to diagnose neurological illnesses caused by aberrant neural and electrical activity in the brain. The blood flow in the arteries and veins located in the various areas of the brain is also monitored by neurological monitoring equipment.
Market Overview (2022-2030)
- Forecast CAGR (2022-2030): 6.2%.
- Forecast Market Size (2030):8.6billion
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Impact of COVID-19 on the Neurology Patient Monitoring Market:
Although the respiratory system has been most severely impacted by COVID-19, a few neurological problems have also been noted. The worldwide actions conducted to combat COVID-19 have had an impact on the development of this sector. Hospitals priorities creating COVID-19-specific ICUs as infection rates rise, which affects the brain monitoring devices. Additionally, during the COVID-19 outbreak, production locations are also temporarily suspended.
Industry Definition and Major Segments:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
Neurology Patient Monitoring Market by Product type:
- Cerebral Oximeters.
- Computerized Tomography Scanners.
- Electromyography Devices.
Neurology Patient Monitoring Market by End User:
- Clinics for neurology.
- Ambulatory surgery.
- Diagnostic facilities.
- And other end users.
Neurology Patient Monitoring Market by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Middle East & Africa
This research also includes important market drivers and restraints for the forecast period. The study also covers several developments potential.
Key Market Players:
In-depth analysis of key market players including Siemens Healthiness, Compumedics, Integra LifeSciences Corporation, Neuro Wave Systems, Inc., and GE Healthcare is provided in the global Neurology patient monitoring market study along with market data by competitive landscape, revenue analysis, market segments, and market data by market segments.
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