Brain Monitoring Market Analysis 2026

Factors Affecting Brain Monitoring Market Growth

• Rising prevalence and incidences of brain disorders:

Rising prevalence of neurological disorders such as Parkinson’s disease, dementia, epilepsy, Hungtinton’s disease etc. have increased noticeably over past years. 
According to WHO survey in September 2019, almost 50 million people are affected by dementia globally, with nearly 10 million new cases registered each year. 
According to WHO survey in June 2019,  approximately 50 million people are affected with epilepsy; and nearly 80% of the population belong to low- and middle-income nations.
The growing incidence of these neurological disorders has created extreme importance of brain monitoring and mapping neurological functioning. In addition, incidences of conditions like sickle-cell diseases and cardiac disorders are also growing. Cardiac procedures sometimes affect normal functioning of the brain which results in driving the market for brain monitoring devices.

The Restraining Factor of Brain Monitoring:

• High cost associated with brain monitoring devices and procedures:

The major factor restricting the market to grow is the high cost of devices and brain monitoring surgeries. This is seen mainly in developing nations with less reimbursement policy. Cost of EEG devices range from USD 200-800 and the procedure of monitoring can cost upto USD 3,000. Additionally, maintenance of these devices cost is also high which eventually leads to restricting the growth of the market. 
Owing to high cost of devices and procedures coupled with poor reimbursement scenario in developing countries cannot afford the neurological treatments. Thus it limits the expansion of the market for brain monitoring. 

Current Trends on Brain Monitoring:

• New Generation Electroencephalography (EEG) Systems are expected to witness healthy growth:

Recent developments in brain monitoring include a new technique of long-term brain monitoring devices which constantly record brain activity in the hospitals or at home. This could greatly improve the disease management treatment for epilepsy patients. 
The new innovative devices are subscalp electroencephalography (EEG) systems placed underneath the scalp by minimum invasion and it can remain there for a long period of time. 
In March 2022, an Israel-based company, brain.space developed a wireless EEG system which provides better readings and it can be set up without expert help. Owing to cost-effectiveness and convenience of devices, the market is expected to attract significant attention in upcoming years.
In May 2021, Inspira Medical Centers Mullica Hills and Vineland introduced the Ceribell Rapid Response EEG device that assists in identification and diagnosis of non-convulsive seizures  in patients to ensure that they will get the best care as soon as possible. 
Government has taken several initiatives which focus on the development of innovative and novel devices such as the BRAIN initiative launched in the US in April 2013, to encourage R&D activities related to brain functioning.  Advanced Research Projects Activity (IARPA) joined the BRAIN initiative to promote and develop non-invasive brain monitoring devices. 

Impact of the COVID-19 pandemic on the brain monitoring market:

The COVID-19 pandemic remarkably impacted the healthcare system including the brain monitoring market. Global lockdown restrictions led to delayed or canceled neurological screenings which resulted in reduced access to people with epilepsy and Parkinson’s disease. 
National studies of the America region have revealed an increase in depression, sadness, anxiety and other problems due to the outbreak of COVID-19. However, the market for brain monitoring has resumed after COVID-19 and it is expected to recover from the pandemic.

Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.

The Global Brain Monitoring Market is witnessing significant growth in the near future.

In 2023, the Electroencephalograph segment accounted for noticeable share of global Brain Monitoring Market and is projected to experience significant growth in the near future.

The Parkinson’s Disease segment is expected to expand at the significant CAGR retaining position throughout the forecast period.

Some of the key companies Natus Medical , Compumedics and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.

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