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South America Neurology Monitoring Market - Growth, Trends, and Forecasts (2020 - 2025)

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  • 90 Pages
  • August 2020
  • Mordor Intelligence
  • ID: 5174831
UP TO OFF until Dec 31st 2023
The South America Neurology Monitoring Market is expected to grow with a CAGR of 9.1% in the forecast period. The key factors propelling the growth of the market are the increasing incidence of neurological disorders and the rising aging population. The increasing incidence of neurological disorders like brain aneurysms, brain tumors, epilepsy, Parkinson’s disease, peripheral neuropathy, etc.

Specialized monitoring is been therefore essential in neurological patients in the operating rooms and intensive care units to prevent ischemic and mechanical injury to the nervous system. Hence all these systems monitor the intracranial pressure and blood flow dynamics and monitor the brain's electrical activity, thereby propelling the market growth.

Key Market Trends

Electroencephalography (EEG) Devices is Expected to be Largest Growing Segment

Electroencephalography (EEG) is an electrophysiological monitoring method that is used to record the electrical activity of the brain. It is typically noninvasive, with the electrodes placed along the scalp, although invasive electrodes are sometimes used, as in electrocorticography. It is used to measure and record the brain wave activity for the diagnosis and treatment of sleep apnea. Due to this increased use and demand for high-quality EEG devices, there are now numerous companies that are able to cater to the specific needs of EEG users. Therefore with the increase in the number of neurological diseases, there is a rising demand for high-quality EEG devices, that helps in the market growth

Competitive Landscape

The South America Neurology Monitoring Market is moderately competitive with several major players. Some of the strategies implemented include agreements, collaborative models, business expansion, and product developments. Some of the major players are Nihon Kohden Corporation, GE Healthcare, Philips Healthcare, Dragerwerk Ag & Co. Kgaa, Natus Medical, Inc.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Burden of Neurological Disorders and Increasing Incidence of Traumatic Brain Injuries
4.2.2 Increasing Number of Product Approvals
4.3 Market Restraints
4.3.1 High Cost of Monitoring Devices and Shortage of Trained Professionals
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1 By Product Type
5.1.1 Magnetic Resonance Imaging (MRI) Devices
5.1.2 Electroencephalography devices
5.1.3 Cerebral Oximeters
5.1.4 Intracranial Pressure Monitors
5.1.5 Others
5.2 By Disease Type
5.2.1 Traumatic Brain Injury (TBI)
5.2.2 Sleep Disorders
5.2.3 Parkinson's Disease
5.2.4 Other Diseases
5.3 Geography
5.3.1 South America Brazil Argentina Rest of South America
6.1 Company Profiles
6.1.1 Nihon Kohden Corporation
6.1.2 GE Healthcare
6.1.3 Philips Healthcare
6.1.4 Dragerwerk Ag & Co. Kgaa
6.1.5 Natus Medical, Inc.
6.1.6 Siemens Healthineers
6.1.7 Medtronic Plc
6.1.8 Masimo Corporation

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Nihon Kohden Corporation
  • GE Healthcare
  • Philips Healthcare
  • Dragerwerk Ag & Co. Kgaa
  • Natus Medical, Inc.
  • Siemens Healthineers
  • Medtronic Plc
  • Masimo Corporation