North America Neurological Monitoring Devices Market

North America Neurological Monitoring Devices Market Size (2023 to 2028)

The size of the Neurological Monitoring Devices Market in North America was worth USD 3.25 billion in 2023. It is further estimated to be growing at a CAGR of 6.63% and worth USD 4.48 billion by 2028. North America holds the largest market share in the global neurological monitoring devices market.

Due to the advent of wearable medical devices, the greatest shifting trend is observed in the commercialization and commoditization of EEG devices. Manufacturers are introducing disruptive devices that can be used and interpreted easily by a user, which is a growing awareness of neurological disorders at an unprecedented level.

The North American region offers an enormous untapped market for it because of increasing awareness of neurological disorders, a rise in purchasing power, and an increasing number of people with multiple sclerosis, epilepsy, cerebrovascular diseases, Parkinson’s, and Alzheimer’s diseases. Increases in the prevalence of post-surgical cerebrovascular accidents have triggered the need for more improved and automated devices. The high cost of devices is majorly restraining market growth.

This report has been segmented and sub-segmented the North American Neurological Monitoring Devices Market into the following categories:

By Type:                      

• 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

By Procedure: 

• Non-Invasive
• Invasive

By Therapeutic Application: 

• Traumatic Brain Injuries
• Stroke
• Dementia
• Headache Disorders
• Sleep Disorders
• Epilepsy
• Parkinson’s Disease
• Huntington’s Disease

By End-Users: 

• Hospitals 
• Neurological Centers and Institutions        
• Clinics & Ambulatory Surgical Centers        
• Diagnostic Centers             
• Ambulances     

By Country: 

• The United States
• Canada
• Rest of North America

Regionally, the USA is leading the market with the highest number of shares, followed by Canada.

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.