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(MoneyNewsWire.Net, September 14, 2017 ) The Latin America Neurological Monitoring Devices Market was worth USD 0.67 billion in 2016 and estimated to be growing at a CAGR of 7.9%, to reach USD 0.97 billion by 2021.
Neuro physiological market vendors will have to utilise resources wisely and focus on product R&D to create flexible and extensively tested user-friendly devices. Manufacturers would also do well to encourage competition, innovation and dynamism, which are essential for success of the market.
The advances in the field of neurological Market research and medicine, availability of sophisticated equipment that monitors and tracks nerve and brain activity to make better diagnosis and offers better treatments to patients, higher incidence of neurological disorders like epilepsy, Parkinson’s, Alzheimer’s and other neurodegenerative disorders, treatments available for many disorders like nerve repair and regeneration and rise in the aging population are driving the market. A large population still cannot afford modern healthcare facilities which is a major restrain for the market.
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The Latin America 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, Parkinson’s disease and Huntington’s disease. By End User, the market segmentation is among Hospitals, Neurological Centers and Institutions, Clinics & Ambulatory Surgical Centers, Diagnostic Centers and Ambulances.
Based on geography the market is analyzed under various countries namely, Mexico, Brazil and Argentina. Mexico is dominating the neurological monitoring devices market for this region and expected to continue its dominance over the forecast period.
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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
• Parkinson’s disease
• Huntington’s 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 Latin America 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 Porter’s 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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