Neurodiagnostic and Monitoring Devices Market in US | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
The neurodiagnostic and monitoring devices market in US is expected to grow by $ 595.30 million, decelerating at a CAGR of 5.35% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Neurodiagnostic And Monitoring Devices Market In US: Segments and Leading Regions
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The Neurodiagnostic And Monitoring Devices Market in US is segmented by Product (ICP monitoring devices, EEG devices, EMG devices, and others) and End-user (hospitals, clinics, and laboratories).
- This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Neurodiagnostic And Monitoring Devices Market In US size.
Neurodiagnostic And Monitoring Devices Market In US: Trends, Drivers, Challenges to impact growth
The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.
- Increasing incidence and prevalence of neurological conditions will be a significant factor in driving the growth of the Neurodiagnostic And Monitoring Devices Market In US.
- Another factor that will boost the market will be the Growing demand for EEG procedures.
- High costs associated with neurodiagnostic and monitoring devices is a hurdle that needs to be crossed on the path to success.
Neurodiagnostic And Monitoring Devices Market In US: Vendor Analysis
- The market is fragmented.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- Advanced Brain Monitoring Inc., Cadwell Industries Inc., Compumedics Ltd., General Electric Co., Koninklijke Philips NV, Masimo Corp., Medtronic Plc, Natus Medical Inc., Nihon Kohden Corp., and Viasonix Ltd are some of the major market participants.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will decelerate at a CAGR of 5.35%.
- What is the incremental growth of the market?
The market is expected to grow by $ 595.30 mn through 2021-2025.
- What is a key factor driving this market?
Increasing incidence and prevalence of neurological conditions will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America is the key region featured in this research report.
- Who are the leading market vendors?
The leading vendors in this market are Advanced Brain Monitoring Inc., Cadwell Industries Inc., Compumedics Ltd., General Electric Co., Koninklijke Philips NV, Masimo Corp., Medtronic Plc, Natus Medical Inc., Nihon Kohden Corp., and Viasonix Ltd
- What are the market segments covered in this report?
The market is segmented by Product (ICP monitoring devices, EEG devices, EMG devices, and others) and End-user (hospitals, clinics, and laboratories)