PUBLISHER: The Business Research Company | PRODUCT CODE: 1641675
PUBLISHER: The Business Research Company | PRODUCT CODE: 1641675
Brain monitoring involves the continuous online measurement of cerebral blood flow and volume waves, providing valuable data for individualized patient management in brain and neuro-related diagnostics and treatments.
The main product types in brain monitoring include magnetoencephalography, electroencephalography, cerebral oximeters, functional magnetic resonance imaging (fMRI), intracranial pressure monitoring devices, and other related technologies. Magnetoencephalography is a noninvasive technique that detects and records the magnetic field associated with electrical activity in the brain. Procedures can be both invasive and non-invasive, with applications spanning conditions such as Parkinson's disease, traumatic brain injury, epilepsy, dementia, sleep disorders, and more. The end-users of brain monitoring technologies include hospitals and clinics, neurology centers, ambulatory surgery centers, diagnostic centers, and other healthcare facilities.
The brain monitoring market research report is one of a series of new reports from The Business Research Company that provides brain monitoring market statistics, including brain monitoring industry global market size, regional shares, competitors with a brain monitoring market share, detailed brain monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the brain monitoring industry. This brain monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The brain monitoring market size has grown strongly in recent years. It will grow from $8.04 billion in 2024 to $8.8 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increased prevalence of neurological disorders, demand for real-time brain monitoring in surgical and critical care settings, growth in research on brain-computer interfaces (bcis) and neurofeedback, expansion of the aging population, and increased adoption of brain monitoring in sports optimization.
The brain monitoring market size is expected to see rapid growth in the next few years. It will grow to $13.23 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to development of more affordable and accessible brain monitoring devices, increased application of brain monitoring in mental health and psychiatric care, expansion of neurocritical care units and stroke centers in healthcare facilities, regulatory support forThe approval and use of brain monitoring technologies, and growing pediatric neurology and neonatal brain monitoring. Major trends in the forecast period include neuroinformatics and data integration, neurofeedback and brain training, brain-computer interface (bci) integration, blockchain for data security, and brain monitoring in space exploration.
The growth of the brain monitoring market is expected to be propelled by the increasing incidence and prevalence of neurological disorders. Brain monitoring involves the use of instrumentation to assess neurologic injuries, providing enhanced accuracy and reliability in evaluating the severity of such injuries. According to a report from the World Health Organization (WHO), the global occurrence of neurological health problems is projected to reach nearly 103 million by 2030. Consequently, the rising demand driven by the increasing incidence and prevalence of neurological disorders is a key factor driving the growth of the brain monitoring market.
Government initiatives supporting next-generation invasive devices are anticipated to further contribute to the expansion of the brain monitoring market. These initiatives involve specific actions, programs, policies, or projects undertaken by government authorities at various levels to address issues, achieve goals, or create positive changes in healthcare. For instance, in 2023, the National Institutes of Health (NIH), a U.S.-based government agency, issued a funding opportunity announcement (FOA) encouraging investigators to pursue first-in-human or early-stage clinical studies for next-generation invasive devices. Government initiatives aimed at advancing next-generation invasive devices play a crucial role in driving growth within the brain monitoring market.
Collaborations among major companies in the brain monitoring market to develop advanced solutions, such as at-home brain monitoring and machine learning-enabled neurodiagnostics, are expected to boost market revenues. Strategic partnerships offer various advantages, including increased access to expertise and resources, accelerated innovation, and improved patient care. In May 2022, Beacon Biosignals, a U.S.-based neuro-biomarker platform, entered into a partnership with Stratus, a U.S.-based technology company. This collaboration aims to enhance at-home brain monitoring and machine learning-enabled neurodiagnostics by leveraging Beacon's machine-learning neuroanalytics platform and Stratus's expertise in providing electroencephalogram (EEG) services. Such collaborations reflect a commitment to advancing brain monitoring technologies and expanding their applications.
The brain monitoring market is witnessing major companies developing innovative systems to gain a competitive edge. Neurosteer, an Israel-based medical company, introduced its Neurosteer EEG brain monitoring platform in November 2022. This single-channel electroencephalogram (EEG) system, approved by the Food and Drug Administration (FDA), provides technical status indicators about the recording, including battery level, connection status, and electrode impedance. The platform is designed to facilitate quick and cost-effective mass screening of participants in clinical trials for neurodegenerative disorders. This innovation reflects the company's commitment to advancing brain monitoring technologies for clinical applications.
In January 2024, Aditxt, Inc., a U.S.-based biotech company dedicated to developing advanced brain-computer interface (BCI) solutions, acquired Brain Scientific Inc. for an undisclosed amount. This acquisition aims to transform healthcare through innovative solutions that improve immune monitoring and health management. Brain Scientific Inc. is a U.S.-based neurotechnology company specializing in the development of advanced medical devices and software for monitoring brain health.
Major companies operating in the brain monitoring market include Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare NV, GE Healthcare Technologies Inc., Compumedics Ltd., Medtronic PLC, Edwards Lifesciences Corporation, Advanced Brain Monitoring, Masimo Corporation, Spiegelberg GmbH & Co. KG, Cadwell Industries Inc., Elekta A.B, Dragerwerk AG & Co. KGaA, Electrical Geodesics Inc., Integra LifeSciences Corporation, Siemens AG, CAS Medical Systems Inc., Neural Analytics Inc., BrainScope Company Inc., NeuroWave Systems Inc., Neurosoft Company, NeuroSky Inc., NeuroVigil Inc., OpenBCI Inc., Qneuro Pvt. Ltd., Soterix Medical Inc., Wearable Sensing Inc., Brain Products GmbH, Brain Vision LLC, ANT Neuro B.V., Blackrock Microsystems LLC, Cognionics Inc., Emotiv Inc., G.TEC Medical Engineering GmbH, MindMaze SA
North America was the largest region in the brain monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the brain monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The brain monitoring market includes revenue earned by entities by functional magnetic resonance imaging (FMRI), magnetoencephalography (MEG) and electroencephalography (EEG). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Brain Monitoring Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on brain monitoring market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for brain monitoring ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The brain monitoring market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.