Reports
Global Neurodiagnostic and Monitoring Devices Market Size: By Product: Magnetoencephalography (MEG), Electromyography (EMG), Transcranial Cerebral Oximeters, Electroencephalogram (EEG), Cerebral Oximeters, Intracranial Pressure Monitor; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Neurodiagnostic and Monitoring Devices Market Outlook
The global neurodiagnostic and monitoring devices market is projected to grow at a CAGR of 9% during the forecast period of 2024-2032. The industry is being driven by the increasing instances of neurological disorders like stroke, migraine, autism, and others, along with the rising health awareness among consumers due to government initiatives and other developments.
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Market Segmentation
To treat neurological disorders such as stroke, migraine, autism, Parkinson's disease, and ischemic stroke, neurodiagnostic and monitoring devices are used. These devices include devices such as CT scanners, MRI scanners, PET scanners, etc.
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The industry can be broadly categorised on the basis of its product into:
- Magnetoencephalography (MEG)
- Electromyography (EMG)
- Transcranial Cerebral Oximeters
- Electroencephalogram (EEG)
- Cerebral Oximeters
- Intracranial Pressure Monitor
The industry can be divided on the basis of its end-uses as:
- Operation Theatres
- Hospitals
- Clinics
- Neurophysiological Laboratories
The EMR report looks into the regional neurodiagnostic and monitoring devices markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Market Analysis
The major factors driving the demand for neurodiagnostic and monitoring devices include a rise in the incidence of neurological disorders, devices ' ability to monitor patients in ICUs, sleep monitoring, ease of portability, and devices' low cost in comparison to other medical imaging instruments. Nonetheless, the lack of skilled workers and EEG limitations in providing accurate diagnosis can hinder the market growth. However, the growing technological developments and the increased awareness of health care among people is expected to bring numerous opportunities for the growth of neurodiagnostic and monitoring devices in the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global neurodiagnostic and monitoring devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cadwell Industries, Inc.
- Compumedics Limited
- Delsys Incorporated
- Electrical Geodesic, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, End Use, Region |
| Breakup by Product | Magnetoencephalography (MEG), Electromyography (EMG), Transcranial Cerebral Oximeters, Electroencephalogram (EEG), Cerebral Oximeters, Intracranial Pressure Monitor |
| Breakup by End Use | Operation Theatres, Hospitals, Clinics, Neurophysiological Laboratories |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Cadwell Industries, Inc., Compumedics Limited, Delsys Incorporated, Electrical Geodesic, Inc., and Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Neurodiagnostic and Monitoring Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Neurodiagnostic and Monitoring Devices Historical Market (2018-2023)
8.3 Global Neurodiagnostic and Monitoring Devices Market Forecast (2024-2032)
8.4 Global Neurodiagnostic and Monitoring Devices Market by Product
8.4.1 Magnetoencephalography (MEG)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Electromyography (EMG)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Transcranial Cerebral Oximeters
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Electroencephalogram (EEG)
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Cerebral Oximeters
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Intracranial Pressure Monitor
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2023)
8.4.6.3 Forecast Trend (2024-2032)
8.5 Global Neurodiagnostic and Monitoring Devices Market by End Use
8.5.1 Operation Theatres
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Hospitals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Clinics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Neurophysiological Laboratories
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.6 Global Neurodiagnostic and Monitoring Devices Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Neurodiagnostic and Monitoring Devices Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Neurodiagnostic and Monitoring Devices Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Neurodiagnostic and Monitoring Devices Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Neurodiagnostic and Monitoring Devices Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Neurodiagnostic and Monitoring Devices Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cadwell Industries, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Compumedics Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Delsys Incorporated
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Electrical Geodesic, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Neurodiagnostic and Monitoring Devices Market: Key Industry Highlights, 2018 and 2032
2. Global Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Neurodiagnostic and Monitoring Devices Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Neurodiagnostic and Monitoring Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Neurodiagnostic and Monitoring Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Neurodiagnostic and Monitoring Devices Market Structure
Key Questions Answered in the Report
The global neurodiagnostic and monitoring devices market is projected to grow at a CAGR of 9% between 2023 and 2032.
The major drivers of the market include the increasing instances of neurological disorders and growing healthcare infrastructure.
The rising health awareness among the consumers and advancements in device technology are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading products of neurodiagnostic and monitoring devices in the market are magnetoencephalography (MEG), electromyography (EMG), transcranial cerebral oximeters, electroencephalogram (EEG), cerebral oximeters, and intracranial pressure monitor.
The significant end use sectors of neurodiagnostic and monitoring devices in the market are operation theatres, hospitals, clinics, and neurophysiological laboratories.
The major players in the market are Cadwell Industries, Inc., Compumedics Limited, Delsys Incorporated, and Electrical Geodesic, Inc., among others.
Analyst Review
Aided by the rising health awareness among consumers, the global neurodiagnostic and monitoring devices market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 9%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the neurodiagnostic and monitoring devices industry can be segmented into magnetoencephalography (MEG), electromyography (EMG), transcranial cerebral oximeters, electroencephalogram (EEG), cerebral oximeters, and intracranial pressure monitor. On the basis of end use, the market is divided into operation theatres, hospitals, clinics, and neurophysiological laboratories. The major regional markets for neurodiagnostic and monitoring devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cadwell Industries, Inc., Compumedics Limited, Delsys Incorporated, and Electrical Geodesic, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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