Jun 14, 2021 (Market Insight Reports) -- Selbyville, Delaware According to the report titled 'Neurological Diagnostic and Monitoring Equipment Market Insights, Competitive Landscape and Market Forecast-2026', available with Market Study Report LLC, global neurological diagnostic and monitoring equipment market is slated to showcase lucrative growth trends between 2018 and 2026.
The primary factor propelling the neurological diagnostic and monitoring equipment market growth is rising prevalence of neurological disorders namely, epilepsy, dementia, Huntington's disease, and Parkinson's disease. Also, surge in cases of traumatic brain injuries and increasing incorporation of brain monitoring applications for clinical trials are catalyzing the industry growth.
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It is to be noted that diagnostic testing and treatments play a vital role in assisting doctors to diagnose a neurological disease or any medical ailment. Improvisation in tools and methodologies help scientists in examining a living brain and analyze the functions of nervous system. Diagnosis of neurological ailments are done using neurodiagnostic and monitoring devices. CT scanners, MRI scanners, and PET scanners are few such devices.
However, the expensive and difficult to operate brain monitoring devices, coupled with the surgeries demanding heavy payments are the restraints that limit the global demand specifically in the developed nations with truncated reimbursement policies.
Based on product ambit, neurological diagnostic and monitoring equipment market is classified into intracranial pressure monitor, magnetoencephalography (MEG), cerebral oximeters, electroencephalogram (EEG), and others. While the end-users include hospitals, and clinics.
On the competitive front, various companies namely Koninklijke Philips N.V., Nihon Kohden Corporation, Siemens Healthineers AG, GE Healthcare, Medtronic plc, Compumedics Ltd., Dragerwerk AG, CAS Medical Systems Inc., Masimo Corp., Advanced Brain Monitoring Inc., Cadwell Industries Inc., Spiegelberg GmbH & Co. KG, Integra Lifesciences, NeuroWave Systems Inc., Nonin Medical Inc., Rimed Ltd., and Neurosoft S.A. are defining the worldwide neurological diagnostic and monitoring equipment market dynamics. Questions and Answers: Neurological diagnostic and monitoring equipment market: Q1) What are factors backing the growth of neurological diagnostic and monitoring equipment market? Answer: Rising prevalence of neurological disorders namely epilepsy, dementia, Huntington's disease and Parkinson's disease, coupled with surge in cases of traumatic brain injuries, and incorporation of brain monitoring applications for clinical trials are propelling the market growth. Q2) What are the different products available in global neurological diagnostics and monitoring equipment industry? Answer: Based on product ambit, the marketplace is classified into intracranial pressure monitor, magnetoencephalography (MEG), cerebral oximeters, electroencephalogram (EEG), and others. Q3) Which are the established companies in the neurological diagnostic and monitoring equipment market? Answer: Major industry players include Koninklijke Philips N.V., Nihon Kohden Corporation, Siemens Healthineers AG, GE Healthcare, Medtronic plc, Compumedics Ltd., Dragerwerk AG, CAS Medical Systems Inc., Masimo Corp., and Advanced Brain Monitoring Inc. among others. Complete Report At: https://www.marketstudyreport.com/reports/neurological-diagnostic-and-monitoring-equipment-market-insights-competitive-landscape-and-market-forecast-2026?utm_source=Marketwatch.com&utm_medium=AN About Us: Market Study Report, LLC. is a hub for market intelligence products and services.We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives. Contact Us: Market Study Report LLC4 North Main Street,Selbyville, Delaware 19975USAPhone: 1-302-273-0910US Toll Free: 1-866-764-2150Email: firstname.lastname@example.org Website: https://www.marketstudyreport.com Blog: https://www.marketstudyreport.com/blog
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