This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The neurology monitoring market size has grown strongly in recent years. It will grow from $6.53 billion in 2024 to $7.01 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increasing prevalence of neurological disorders, rise in aging population, growing awareness and diagnosis rates, demand for non-invasive monitoring, integration of remote patient monitoring.
The neurology monitoring market size is expected to see strong growth in the next few years. It will grow to $8.78 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to focus on early detection and intervention, expansion of telemedicine and remote monitoring, personalized medicine approaches, government initiatives for neurological healthcare. Major trends in the forecast period include adoption of wearable neurological monitoring devices, integration of virtual reality (vr) and augmented reality (ar) in neurology monitoring, implementation of wireless connectivity in neurological monitoring devices, development of home-based neurological monitoring solutions, focusing on multi-modal neurophysiological monitoring systems.
The increasing incidence of traumatic brain injuries is expected to drive the growth of the neurology monitoring market in the future. Traumatic brain injury (TBI) refers to damage to the brain caused by an external force or trauma. Neurology monitoring is utilized in the management of traumatic brain injuries (TBIs) to assess the patient's brain function, monitor intracranial pressure, and detect any changes in neurological status. This aids medical professionals in making informed decisions about treatment plans and interventions, ensuring that patients receive timely and personalized care. For example, data from March 2023, as reported by the Colorado Department of Human Services (CDHS), estimates that every year, 2.8 million Americans experience a traumatic brain injury, leading to nearly 2.5 million emergency department visits, 225,000 hospitalizations, and 65,000 deaths annually. Therefore, the growing incidence of traumatic brain injuries is a key driver for the neurology monitoring market.
The high prevalence rate of neurogenerative disorders is also expected to contribute to the growth of the neurology monitoring market. Neurodegenerative disorders encompass a group of conditions characterized by the progressive degeneration of the structure and function of the nervous system. Neurology monitoring plays a crucial role in tracking the disease progression and optimizing treatment strategies for neurodegenerative diseases. For instance, data from September 2023, as reported by the Australian Institute of Health and Welfare, indicates that in 2022, approximately 401,300 Australians experienced dementia, translating to 15 cases per 1,000 individuals. Furthermore, the incidence is projected to rise to 84 per 1,000 in the population aged 65 and older, with an estimated increase to 849,300 individuals by 2028. Therefore, the high prevalence rate of neurogenerative disorders is a significant factor driving the growth of the neurology monitoring market.
Key players in the neurology monitoring market are concentrating on creating innovative electroencephalogram (EEG) monitoring devices, such as cloud-connected portable EEG devices, to deliver dependable services to their clients. A cloud-connected portable EEG device allows real-time monitoring of brain activity by wirelessly transmitting data to the cloud for remote analysis and storage. For example, in November 2023, BioSerenity, a healthcare company based in France, received FDA approval for Neuronaute Plus, a comprehensive and user-friendly EEG device developed by the company. This portable medical device captures EEG data that can be uploaded to the cloud, allowing specialists in Europe, Canada, and the U.S. to analyze the recordings effortlessly. Designed for ease of use, it requires minimal training and is paired with the Icecap, an innovative EEG electrode net that simplifies the recording process.
In June 2022, Novela Neurotechnologies, a US-based digital health company, completed the acquisition of Brain Sentinel for an undisclosed amount. This acquisition resulted in the transfer of 58 patents and applications, including intellectual property for the FDA-approved SPEAC System for seizure monitoring and the SeizureLink wearable. Brain Sentinel, a US-based medical device company, manufactures various neurology monitoring systems, including the SPEAC System.
Major companies operating in the neurology monitoring market report are Medtronic PLC, Siemens Healthcare GmbH, GE Healthcare, Philips Healthcare, Drägerwerk AG & Co. KgaA, Masimo Corporation, Nihon Kohden Corporation, Integra LifeSciences Corporation, Natus Medical Incorporated, Raumedic AG, Neurosoft LLC, Cadwell Laboratories Inc., Compumedics Limited, Sophysa SA, Electrical Geodesics Inc., BrainScope Company Inc., G.Tec Medical Engineering GmbH, Persyst Development Corporation, Advanced Brain Monitoring Inc., NeuroWave Systems Inc., Spiegelberg GmbH & Co. KG, BrainMaster Technologies Inc., DEYMED Diagnostic s.r.o., Inomed Medizintechnik GmbH, Novela Neurotechnologies Inc.
North America was the largest region in the neurology monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neurology monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the neurology monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The neurology monitoring market consists of revenues earned by entities through neurological disease diagnosis, postoperative care, and neurophysiological monitoring of brain. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Neurology monitoring, also known as neuromonitoring, is a technique used during high-risk medical procedures, including brain, nerve, and spine surgeries, to detect, manage, and prevent possible damage to the nervous system. It involves observing, measuring, and recording neurological parameters to assess the functioning of the brain and nervous system during these operations.
The primary product types within the field of neurology monitoring include magnetic resonance imaging (MRI) devices, electroencephalography devices, cerebral oximeters, intracranial pressure monitors, and other related equipment. Magnetic resonance imaging (MRI) devices are medical instruments that utilize strong magnetic fields and radio waves to generate detailed images of the interior of the body, particularly the brain. These images aid in the diagnosis and monitoring of various medical disorders. The range of disease types covered by neurology monitoring includes traumatic brain injury (TBI), stroke, sleep disorders, Parkinson's disease, epilepsy, and others. These monitoring devices find application across various end-users, including hospitals, neurology centers, diagnostic centers, advancing surgical care and clinics, among others.
The neurology monitoring market research report is one of a series of new reports that provides neurology monitoring market statistics, including neurology monitoring industry global market size, regional shares, competitors with a neurology monitoring market share, detailed neurology monitoring market segments, market trends, and opportunities, and any further data you may need to thrive in the neurology monitoring industry. This neurology monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The neurology monitoring market size has grown strongly in recent years. It will grow from $6.53 billion in 2024 to $7.01 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increasing prevalence of neurological disorders, rise in aging population, growing awareness and diagnosis rates, demand for non-invasive monitoring, integration of remote patient monitoring.
The neurology monitoring market size is expected to see strong growth in the next few years. It will grow to $8.78 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to focus on early detection and intervention, expansion of telemedicine and remote monitoring, personalized medicine approaches, government initiatives for neurological healthcare. Major trends in the forecast period include adoption of wearable neurological monitoring devices, integration of virtual reality (vr) and augmented reality (ar) in neurology monitoring, implementation of wireless connectivity in neurological monitoring devices, development of home-based neurological monitoring solutions, focusing on multi-modal neurophysiological monitoring systems.
The increasing incidence of traumatic brain injuries is expected to drive the growth of the neurology monitoring market in the future. Traumatic brain injury (TBI) refers to damage to the brain caused by an external force or trauma. Neurology monitoring is utilized in the management of traumatic brain injuries (TBIs) to assess the patient's brain function, monitor intracranial pressure, and detect any changes in neurological status. This aids medical professionals in making informed decisions about treatment plans and interventions, ensuring that patients receive timely and personalized care. For example, data from March 2023, as reported by the Colorado Department of Human Services (CDHS), estimates that every year, 2.8 million Americans experience a traumatic brain injury, leading to nearly 2.5 million emergency department visits, 225,000 hospitalizations, and 65,000 deaths annually. Therefore, the growing incidence of traumatic brain injuries is a key driver for the neurology monitoring market.
The high prevalence rate of neurogenerative disorders is also expected to contribute to the growth of the neurology monitoring market. Neurodegenerative disorders encompass a group of conditions characterized by the progressive degeneration of the structure and function of the nervous system. Neurology monitoring plays a crucial role in tracking the disease progression and optimizing treatment strategies for neurodegenerative diseases. For instance, data from September 2023, as reported by the Australian Institute of Health and Welfare, indicates that in 2022, approximately 401,300 Australians experienced dementia, translating to 15 cases per 1,000 individuals. Furthermore, the incidence is projected to rise to 84 per 1,000 in the population aged 65 and older, with an estimated increase to 849,300 individuals by 2028. Therefore, the high prevalence rate of neurogenerative disorders is a significant factor driving the growth of the neurology monitoring market.
Key players in the neurology monitoring market are concentrating on creating innovative electroencephalogram (EEG) monitoring devices, such as cloud-connected portable EEG devices, to deliver dependable services to their clients. A cloud-connected portable EEG device allows real-time monitoring of brain activity by wirelessly transmitting data to the cloud for remote analysis and storage. For example, in November 2023, BioSerenity, a healthcare company based in France, received FDA approval for Neuronaute Plus, a comprehensive and user-friendly EEG device developed by the company. This portable medical device captures EEG data that can be uploaded to the cloud, allowing specialists in Europe, Canada, and the U.S. to analyze the recordings effortlessly. Designed for ease of use, it requires minimal training and is paired with the Icecap, an innovative EEG electrode net that simplifies the recording process.
In June 2022, Novela Neurotechnologies, a US-based digital health company, completed the acquisition of Brain Sentinel for an undisclosed amount. This acquisition resulted in the transfer of 58 patents and applications, including intellectual property for the FDA-approved SPEAC System for seizure monitoring and the SeizureLink wearable. Brain Sentinel, a US-based medical device company, manufactures various neurology monitoring systems, including the SPEAC System.
Major companies operating in the neurology monitoring market report are Medtronic PLC, Siemens Healthcare GmbH, GE Healthcare, Philips Healthcare, Drägerwerk AG & Co. KgaA, Masimo Corporation, Nihon Kohden Corporation, Integra LifeSciences Corporation, Natus Medical Incorporated, Raumedic AG, Neurosoft LLC, Cadwell Laboratories Inc., Compumedics Limited, Sophysa SA, Electrical Geodesics Inc., BrainScope Company Inc., G.Tec Medical Engineering GmbH, Persyst Development Corporation, Advanced Brain Monitoring Inc., NeuroWave Systems Inc., Spiegelberg GmbH & Co. KG, BrainMaster Technologies Inc., DEYMED Diagnostic s.r.o., Inomed Medizintechnik GmbH, Novela Neurotechnologies Inc.
North America was the largest region in the neurology monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neurology monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the neurology monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The neurology monitoring market consists of revenues earned by entities through neurological disease diagnosis, postoperative care, and neurophysiological monitoring of brain. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Neurology monitoring, also known as neuromonitoring, is a technique used during high-risk medical procedures, including brain, nerve, and spine surgeries, to detect, manage, and prevent possible damage to the nervous system. It involves observing, measuring, and recording neurological parameters to assess the functioning of the brain and nervous system during these operations.
The primary product types within the field of neurology monitoring include magnetic resonance imaging (MRI) devices, electroencephalography devices, cerebral oximeters, intracranial pressure monitors, and other related equipment. Magnetic resonance imaging (MRI) devices are medical instruments that utilize strong magnetic fields and radio waves to generate detailed images of the interior of the body, particularly the brain. These images aid in the diagnosis and monitoring of various medical disorders. The range of disease types covered by neurology monitoring includes traumatic brain injury (TBI), stroke, sleep disorders, Parkinson's disease, epilepsy, and others. These monitoring devices find application across various end-users, including hospitals, neurology centers, diagnostic centers, advancing surgical care and clinics, among others.
The neurology monitoring market research report is one of a series of new reports that provides neurology monitoring market statistics, including neurology monitoring industry global market size, regional shares, competitors with a neurology monitoring market share, detailed neurology monitoring market segments, market trends, and opportunities, and any further data you may need to thrive in the neurology monitoring industry. This neurology monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Neurology Monitoring Market Characteristics3. Neurology Monitoring Market Trends and Strategies4. Neurology Monitoring Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Neurology Monitoring Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Neurology Monitoring Market34. Recent Developments in the Neurology Monitoring Market
5. Global Neurology Monitoring Growth Analysis and Strategic Analysis Framework
6. Neurology Monitoring Market Segmentation
7. Neurology Monitoring Market Regional and Country Analysis
8. Asia-Pacific Neurology Monitoring Market
9. China Neurology Monitoring Market
10. India Neurology Monitoring Market
11. Japan Neurology Monitoring Market
12. Australia Neurology Monitoring Market
13. Indonesia Neurology Monitoring Market
14. South Korea Neurology Monitoring Market
15. Western Europe Neurology Monitoring Market
16. UK Neurology Monitoring Market
17. Germany Neurology Monitoring Market
18. France Neurology Monitoring Market
19. Italy Neurology Monitoring Market
20. Spain Neurology Monitoring Market
21. Eastern Europe Neurology Monitoring Market
22. Russia Neurology Monitoring Market
23. North America Neurology Monitoring Market
24. USA Neurology Monitoring Market
25. Canada Neurology Monitoring Market
26. South America Neurology Monitoring Market
27. Brazil Neurology Monitoring Market
28. Middle East Neurology Monitoring Market
29. Africa Neurology Monitoring Market
30. Neurology Monitoring Market Competitive Landscape and Company Profiles
31. Neurology Monitoring Market Other Major and Innovative Companies
35. Neurology Monitoring Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Neurology Monitoring Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on neurology monitoring market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for neurology monitoring? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The neurology monitoring market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Magnetic Resonance Imaging (MRI) Devices; Electroencephalography Devices; Cerebral Oximeters; Intracranial Pressure Monitors; Other Product Types2) By Disease Type: Traumatic Brain Injury (TBI); Stroke; Sleep Disorders; Parkinson's Disease; Epilepsy; Other Disease Types
3) By End User: Hospitals; Neurology Centers; Diagnostic Centers; Advancing Surgical Care And Clinics; Other End Users
Subsegments:
1) By Magnetic Resonance Imaging (MRI) Devices: Functional MRI (fMRI); Closed MRI Systems; Open MRI Systems; Portable MRI Systems2) By Electroencephalography (EEG) Devices: Portable EEG Devices; Wireless EEG Devices; Ambulatory EEG Devices; Clinical EEG Devices
3) By Cerebral Oximeters: Non-Invasive Cerebral Oximeters; Handheld Cerebral Oximeters
4) By Intracranial Pressure Monitors: Invasive Intracranial Pressure Monitors; Non-Invasive Intracranial Pressure Monitors
5) By Other Product Types: Electromyography (EMG) Devices; Transcranial Doppler (TCD) Devices; Evoked Potential Systems; Near-Infrared Spectroscopy (NIRS) Devices
Key Companies Mentioned: Medtronic plc; Siemens Healthcare GmbH; GE Healthcare; Philips Healthcare; Drägerwerk AG & Co. KgaA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Neurology Monitoring market report include:- Medtronic plc
- Siemens Healthcare GmbH
- GE Healthcare
- Philips Healthcare
- Drägerwerk AG & Co. KgaA
- Masimo Corporation
- Nihon Kohden Corporation
- Integra LifeSciences Corporation
- Natus Medical Incorporated
- Raumedic AG
- Neurosoft LLC
- Cadwell Laboratories Inc.
- Compumedics Limited
- Sophysa SA
- Electrical Geodesics Inc.
- BrainScope Company Inc.
- G.Tec Medical Engineering GmbH
- Persyst Development Corporation
- Advanced Brain Monitoring Inc.
- NeuroWave Systems Inc.
- Spiegelberg GmbH & Co. KG
- BrainMaster Technologies Inc.
- DEYMED Diagnostic s.r.o.
- Inomed Medizintechnik GmbH
- Novela Neurotechnologies Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 7.01 Billion |
| Forecasted Market Value ( USD | $ 8.78 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
