What is the Brain Monitoring Market Size and the Projected Growth Rate?
The brain monitoring market has witnessed robust growth in recent years, expanding from $8.04 billion in 2024 to a predicted $8.8 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.4%. This surge can be attributed to the increased prevalence of neurological disorders and advancements in research, technological developments, and increased adoption of brain monitoring in sports optimization.
The market is forecasted to further accelerate reaching a staggering $13.23 billion by 2029, at a CAGR of 10.7%. Affordable and accessible brain monitoring devices, increased medical applications like mental health and psychiatric care, expansion of neurocritical care units in healthcare facilities, and growing pediatric neurology are some of the reasons for this predicted growth. Trends in the near future include data integration, neurofeedback, brain-computer interface (BCI), data security, and space exploration.
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What Factors Are Driving The Growth Of The Brain Monitoring Market?
The increasing incidence and prevalence of neurological disorders pave the way for the growth of the brain monitoring market. As brain monitoring techniques gain prominence in evaluating neurologic injuries, their demand is projected to increase. The World Health Organization (WHO) forecasts the global occurrence of neurological health problems to touch nearly 103 million by 2030, driving the demand for brain monitoring.
What Are The Key Segments In The Brain Monitoring Market?
The brain monitoring market is segmented by:
- Product: Magnetoencephalograph, Electroencephalograph, Cerebral Oximeters, Functional Magnetic Resonance Imaging (fMRI), Intracranial Pressure Monitoring Devices, Other Product Types
- Procedure: Invasive, Non-invasive
- Application: Parkinson’s Disease, Traumatic Brain Injury, Epilepsy, Dementia, Sleep Disorders, Other Applications
- End User: Hospitals and Clinics, Neurology Centers, Ambulatory Surgery Centers, Diagnostic Centers, Other End Users
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Who Are The Major Players In The Brain Monitoring Market?
Key companies in the brain monitoring market include Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare NV, GE Healthcare Technologies Inc., Compumedics Ltd, and others. Their significant impact on the market consolidates the market’s competitive landscape.
What Are The Emerging Trends In The Brain Monitoring Market?
Major companies operating in the brain monitoring market are focusing on partnerships, enhancing at-home brain monitoring and machine learning-enabled neurodiagnostics. For instance, Beacon Biosignals partnered with Stratus in May 2022 to improve home brain monitoring and machine learning-enabled neurodiagnostics.
Which Region Is Witnessing Rapid Growth In The Brain Monitoring Market?
North America emerged as the largest region in the brain monitoring market in 2024, but Asia-Pacific is set to be the fastest-growing region. The brain monitoring market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Brain Monitoring Market Report 2025 Offer?
Brain monitoring refers to a set of continuous online systems that measure particle velocity of cerebral blood flow and volume wave in the brain. It’s used for diagnostics and treatment, providing an individualized approach to patient management.
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