North America holds the largest market share of the neurological monitoring devices market.
North America Neurological Monitoring Devices Market
PR-Inside.com: 2017-12-07 11:02:02
According to the report Neurological Monitoring Devices Market, published by Market Data Forecast, the North America market was worth USD 2.83 billion in 2017 and estimated to be growing at a CAGR of 6.63%, to reach USD 3.91 billion by 2022.
Introduction of wearable medical devices has led to the growth in the adoption rate of brain monitoring devices by clinics and hospitals for assessing the activity of anaesthesia and other sedatives.
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Neurological Monitoring Devices Market: Drivers & Restraints
Factors such as the growing awareness about neurodegenerative disorders, increasing instances of neurological ailments, advancement in technology of devices and rising prevalence of traumatic brain injuries are propelling the market growth. However, lack of skilled personnel coupled with expensive and complex equipment, poor reimbursement scenarios and concerns about the accuracy of diagnostic devices are constraining the market growth.
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Neurological Monitoring Devices Market: Segmentation
By Therapeutic application
By End user
• North America
o United States
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Neurological Monitoring Devices Market: Overview
As of 2017, North America held the largest share of the neurological monitoring devices market because of the developing technology and better healthcare infrastructure.
Neurological Monitoring Devices Market: Key Players
Some of key players present in the Neurological Monitoring Devices market are Philips Healthcare, Johnson & Johnson, ntel Corporation, InTouch Health, InTechnology, Natus Medical Inc., GE Healthcare, AMD Global Telemedicine, Intel Corporation.
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