As per the National Institute of Mental Health, in the US, at least 6% of the people are suffering from serious disabilities leading to severe brain damage. One out of every four people is going through a brain disorder every year. The increasing prevalence of these diseases has furthered a strong demand for brain monitoring devices. These devices are used for monitoring the conditions of individuals with neurological diseases such as Alzheimer, epilepsy, MS, sleep disorders, and brain tumors.
The brain monitoring devices market is highly fragmented with the presence of many global as well as regional players. Here are top ten players in the brain monitoring devices market as identified by industry analysts at Technavio.
Compumedics
Compumedics is a medical device company focused on the development of machines specific to sleep disorder diagnosis, neurological disease monitoring, tools for brain research, and ultrasonic monitoring of blood flow through the brain. The company operates with two of its subsidiaries namely, Germany-based DWL and the US-based Neuroscan. Along with this, Compumedics has an international presence in the Americas, APAC, Europe, and the Middle East.
GE Healthcare
GE Healthcare is an American multinational conglomerate headquartered in Chicago. It is a unit of General Electric company which develops and manufactures medical diagnostics, patient monitoring systems, biopharmaceutical manufacturing technologies, and other services related to healthcare. The company has its presence in various geographical locations serving the customers in more than 140 countries.
Medtronic
Medtronic is an Ireland-based company with a global presence in more than 160 countries. With over 4800 patents in its name, the company operates across four core business areas including cardiac and vascular, minimally invasive therapies, restorative therapies and the diabetes group. It is focusing on developing new products through innovation, and improve its R&D productivity to expand its business in emerging economies.
Natus Medical
Natus Medical is a medical device, software, and service provider company. The company provides newborn care and neurology products and services used for diagnosis, screening, treatment, and monitoring of epilepsy, neurological dysfunction, and sleep disorders. Its neurology business unit consists of various product lines that include EEG, EMG, polysomnography (PSG), IOM, TCD, long-term monitoring (LTM).
NIHON KOHDEN
NIHON KOHDEN is Japan’s leading developer, distributor, and manufacturer of electronic medical equipment with subsidiaries in the US, Asia, and Europe and its distributors spread across the globe. The company is dominating the global brain monitoring device market with a wide range of products in its portfolio including patient monitors, EMG, EEG, Electrocardiographs, defibrillators, and hematology analyzers.
CAS Medical Systems
CAS Medical Systems, Inc. was incorporated in 1984 and is headquartered in Branford, Connecticut. The company manufactures non-invasive technologies and products. CAS Medical Systems provide FORE-SIGHT tissue oximeter monitors and accessories, along with FORE-SIGHT ELITE monitors; and traditional monitoring products, including non-invasive blood pressure measurement technologies under the brand names MAXNIBP and MAXIQ.
Clinical Science System
Clinical science system is a Dutch company established in 2004. The company is involved in the development, sales, and marketing of medical products used to interpret brain measurements focusing on neurological disease like TBIs and status epilepticus. They also manufacture mobile EEG devices including wireless EEG, tablets, and portable EEG devices.
Nonin Medical
Nonic Medical was founded in 1986 by three engineers. It is a medical device manufacturer that provides non-invasive physiological monitoring devices. The company offers a wide range of products including regional oximetry systems, capnograph, pulse oximeter, OEM solutions, non-invasive pulse oximetry and capnography veterinary monitoring solutions.
Tristan Technologies
Tristan Technologies is well known in the bio magnetic medical and research industry as the supplier of innovative diagnostic equipment. It designs and manufactures custom SQUID systems for material analysis and non-destructive testing. The company’s EEG products including Artemis123 baby SQUID are used to map the brain functioning and neurological abnormalities in infants.
Masimo
Masimo Corporation, incorporated in 1996, is a medical technology company that develops, manufactures and markets a range of non-invasive patient monitoring technologies. The company also offers innovative products like Masimo Signal Extraction Technology, which is designed to improve the effectiveness of pulse oximetry to measure the levels of arterial blood oxygen saturation.
Source the profitable insights on the global brain monitoring devices market analyzed by experts at Technavio
