Expanding Neurological Care Drives Global Market Growth
The Brain Monitoring Devices Market is evolving as healthcare providers prioritize advanced solutions for diagnosing and managing neurological disorders. With neurological conditions such as epilepsy, Alzheimer’s disease, Parkinson’s disease, and traumatic brain injury becoming increasingly prevalent, hospitals, research centers, and clinics are investing in more precise and continuous monitoring tools. These devices, including EEG, MEG, cerebral oximeters, and intracranial pressure monitors, enable early detection of abnormalities and improve patient outcomes. MRFR data reveals that the market was valued at USD 5.98 billion in 2023 and is projected to grow to USD 6.25 billion in 2024, reaching USD 10.2 billion by 2035 at a 4.56% CAGR. This expansion is fueled by the integration of AI-driven diagnostics, wearable brain sensors for home care, and government-funded neuro research programs. The market’s growth is also influenced by increased demand in emerging economies where awareness of neurological health is rising.