Natus Medical Inc. (US), Nihon Kohden Corporation (Japan), and Koninklijke Philips N.V (Netherlands) are the leading players in the Brain Monitoring Market
The global brain monitoring market size is estimated to be USD 4.8 billion by 2028, from USD 3.5 billion in 2023, at a CAGR of 6.3%. The brain monitoring market is mainly driven by factors such as the uptick in neurological disorders' incidence and prevalence, heightened awareness regarding neurodegenerative diseases, a surge in traumatic brain injuries, and the expanding use of brain monitoring in clinical trials drive the market growth. Demand is increasing for non-invasive and minimally invasive devices, alongside the widening therapeutic scope of brain monitoring tools, further bolstered by burgeoning healthcare markets in emerging economies. However, obstacles like the high expenses associated with intricate monitoring procedures and devices, unfavorable reimbursement policies, and a shortage of skilled professionals adeptly operating brain monitoring devices are impeding market expansion.
Some of the leading players in the brain monitoring market include Advanced Brain Monitoring (US), Masimo Corporation (US), Luciole Medical AG (Switzerland), Cadwell Industries (US), NeuroWave Systems, Inc. (US), Siemens Healthineers (Germany), Drägerwerk AG & Co. KGaA (Germany), Nonin Medical, Inc. (US), Integra LifeSciences Corporation (US), Neurosoft (Russia), Compumedics, Ltd. (Australia), Medtronic (Ireland), Natus Medical, Inc. (US), Nihon Kohden Corporation (Japan), Philips Healthcare (Netherlands), GE Healthcare (US), CAS Medical Systems, Inc. (US), and Unilabs Holdings AB (Sweden).
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NATUS MEDICAL, INC. (US)
Natus Medical is the leading player in the global brain monitoring market. The company has established its presence in the brain monitoring market for over twenty years. Its primary emphasis lies in introducing fresh products and sustaining existing offerings by utilizing internal and external initiatives aligned with its corporate strategy. A key priority involves maximizing its core technologies by extending product lines and introducing novel offerings. Natus Medical actively pursues partnerships for strategic product development while assessing emerging and complementary technologies to pinpoint new product prospects.
NIHON KOHDEN CORPORATION (JAPAN)
Nihon Kohden is another leading player in the brain monitoring market and exports its products to over 120 countries. In 2010, Nihon Kohden laid out a comprehensive business plan called CHANGE 2020, aiming to concentrate on the development and sale of cutting-edge products, the expansion of its global sales and services network, and the enhancement of customer satisfaction. The company prioritizes expansions and introducing new products as its primary strategies to bolster growth within Japan and internationally. Through these approaches, Nihon anticipates cost reduction and a surge in sales volume. Specifically, the company is directing efforts toward elevating its sales and service endeavors in the US, focusing on expanding its existing product portfolio.
Related Reports:
Brain Monitoring Market by Devices (EEG, EMG, MEG, ICP, MRI, fMRI, CT) Accessories (Electrode, Sensor), Modality (Portable, Wearable), Indication (Stroke, TBI, Epilepsy, Headache, Sleep), End User (Hospital, Neurology center) - Global Forecast to 2028
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