Non-Invasive Brain Trauma Monitoring Devices Market to Reach $13.69 Billion by 2028 Driven by Advancements in Neurological Monitoring

The non-invasive brain trauma monitoring devices market size has grown rapidly in recent years. It will grow from $7.96 billion in 2023 to $8.91 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to personalized medicine approach, focus on long-term monitoring, widespread adoption of wearables, signal sensitivity improvement, multimodal monitoring integration.

The non-invasive brain trauma monitoring devices market size is expected to see rapid growth in the next few years. It will grow to $13.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to rise in awareness and diagnosis, collaborative research efforts, demand for long-term monitoring solutions, signal processing innovations, remote connectivity advancements. Major trends in the forecast period include miniaturization and wearable devices, advancements in sensor technology, focus on real-time monitoring, remote patient monitoring, non-invasive imaging techniques.

Market Overview -
The term non-invasive brain trauma monitoring devices refers to devices that aid in monitoring neural and electrical activity and the pressure surrounding the brain. These devices help analyze the blood flow rate in the brain's arteries and veins in cases of brain death, trauma-related brain injury, epilepsy, and other conditions of this nature.

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Surge In Demand For Non-Invasive Brain Trauma Monitoring Devices Amidst The Rise In Neurological Disorders
The increased prevalence of neurological disorders and diseases is expected to propel the demand for non-invasive brain trauma monitoring devices. Neurological disorders are one of the major non-communicable diseases (NCDs) that impact people's thoughts, emotions, behavior, and injuries like brain injury, spinal cord injury, or nerve injury. Non-invasive brain trauma monitoring devices help in continuous monitoring and allow physicians to determine the critical level of patients and what actions should be taken to reduce the critical trauma condition of patients. For instance, the World Health Organization (WHO), a Swiss-based health body of the United Nations, estimates that 50 million people worldwide suffered from epilepsy in 2022, with approximately 80% of those individuals residing in low- and middle-income nations. Therefore, the rise in neurological disorders and diseases will drive the market for non-invasive brain trauma monitoring devices.

Competitive Landscape -
Major companies operating in the non-invasive brain trauma monitoring devices market report are Sophysa Ltd., Spiegelberg GmbH & Co. KG, Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare, Advanced Brain Monitoring, CAS Medical Systems Inc., Siemens AG, Compumedics Ltd., Medtronic Plc., Integra LifeSciences, Cadwell Industries Inc., Codman & Shurtleff Inc., Covidien PLC., Hitachi Medical Corporation, Koninklijke Philips N.V., NeuroLogica Corp., NeuroWave Systems Inc., Noraxon U.S.A, RAUMEDIC AG, Sense Neuro Diagnostics, GE Healthcare, BrainScope Company Inc., Cerebrotech Medical Systems Inc., Neural Analytics Inc., Oculogica Inc., Ornim Medical Ltd., Oxitone Medical Ltd., Resonance Health Ltd., Zynex Medical Inc.

Advancements In Technology Propel The Evolution Of Non-Invasive Brain Trauma Monitoring Devices
Technological advancement is a key trend gaining popularity in the non-invasive brain trauma monitoring devices market. Major companies operating in non-invasive brain trauma monitoring devices are developing advanced technologies to strengthen their market position. For instance, in June 2021, FieldLine Inc., a US-based brain imaging manufacturer of quantum sensors, launched the HEDscan system, a wearable, non-invasive magnetoencephalography (MEG) device based on optically pumped magnetometer (OPM) sensor technology. This device generates 3D videos of brain activity by using 128 synchronized quantum magnetic sensors built with FieldLine's microfabrication techniques.

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Key Segments -
The non-invasive brain trauma monitoring devices market covered in this report is segmented -
1) By Type: Non-invasive Intracranial Pressure Monitor, Non-invasive Cerebral Edema Dynamic Monitor, Other Types
2) By Application: Cardiology, Urology and Nephrology, Oncology, Gastroenterology, Other Applications
3) By End-User: Hospitals, Neurological Centers, Other End Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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