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(Medical-NewsWire.com, February 12, 2018 ) The Europe Neurological Monitoring Devices Market was worth USD 2.29 billion in 2016 and estimated to be growing at a CAGR of 6.81%, to reach USD 3.19 billion by 2021. Europe holds the second largest share for neurological monitoring device market.
As new application avenues, namely clinical long-term monitoring and surgical intra-operative monitoring open up for the European electro-neuro physiological monitors market, the use of these devices is set to gain momentum across the continent. Market entry will become difficult and low profile companies introducing technological advancements will face hurdles.
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The increasing prevalence of neurological disorders in Europe is the main factor driving the neuro physiological monitoring (NPM) devices market. Growing importance of long-term monitoring and intra-operative monitoring is promoting growth in the NPM market, along with increased clinical diagnostic verification of magneto encephalograph (MEG) monitoring equipment. Lack of skilled professionals is hindering the growth of the market.
The Europe neurological monitoring devices market is segmented on the basis of type into Monitors of Intracranial Pressure & Blood Flow Dynamics and Monitors of Brain Electrical Activity. Monitors of Intracranial Pressure & Blood Flow Dynamics segment is further divided into Intracranial Pressure Monitor, Jugular Venous Oximetry, Transcranial Doppler (TCD) Ultrasonography, Near-Infrared Spectroscopy and Brain Tissue Oxygen Tension Monitor. Monitors of Brain Electrical Activity segment is sub-segmented into Electroencephalography and Evoked Potentials. Based on procedure the market is segregated into Non-Invasive and Invasive. On the basis of therapeutic application, market is bifurcated into Brain Injuries, Stroke, Dementia, Headache Disorders, Sleep Disorders, Epilepsy, Parkinsons Disease and Huntingtons Disease. By End User, the market segmentation is among Hospitals, Neurological Centers and Institutions, Clinics & Ambulatory Surgical Centers, Diagnostic Centers and Ambulances.
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Based on geography the market is analysed under various countries namely, Germany, U.K, France, Italy and Spain. Spain and Germany are expected to grow at highest CAGR in the forecast period.
Key market players include CAS Medical Systems Inc., Compumedics Ltd., Natus Medical Inc., Philips Healthcare, GE Healthcare, AMD Global Telemedicine, Intel Corporation, Johnson & Johnson, InTouch Health, InTechnology, MEG International Services Ltd., Rimed Inc., Siemens Healthcare, Medtronic Inc., Electrical Geodesics Incorporated, Nihon Kohden Corporation and Advanced Brain Monitoring.
Market Segmentation
1) Type
Introduction
Monitors of Intracranial Pressure & Blood Flow Dynamics
Intracranial Pressure Monitor
Jugular Venous Oximetry
Transcranial Doppler (TCD) Ultrasonography
Near-Infrared Spectroscopy
Brain Tissue Oxygen Tension Monitor
Monitors of Brain Electrical Activity
Electroencephalography
Evoked Potentials
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
2) Procedure
Introduction
Non-Invasive
Invasive
Y-o-Y Growth Analysis, By Procedure
Market Attractiveness Analysis, By Procedure
Market Share Analysis, By Procedure
3) Therapeutic Application
Introduction
Traumatic Brain Injuries
Stroke
Dementia
Headache Disorders
Sleep Disorders
Epilepsy
Parkinsons disease
Huntingtons disease
Y-o-Y Growth Analysis, By Therapeutic Application
Market Attractiveness Analysis, By Therapeutic application
Market Share Analysis, By Therapeutic Application
4) End User
Introduction
Hospitals
Neurological Centers and Institutions
Clinics & Ambulatory Surgical Centers
Diagnostic Centers
Ambulances
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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Reasons to buy Europe Neurological Monitoring Devices Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Source: EmailWire.Com 
Source: EmailWire.com
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