Market Overview:
The global cerebral oximetry monitoring market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of neurological disorders, rising geriatric population, and technological advancements in cerebral oximetry devices. Based on type, the global cerebral oximetry monitoring market is segmented into desktop monitoring and portable monitoring. Desktop monitors are used for stationary patients in hospitals or clinics, whereas portable monitors are used for ambulatory patients. The portable monitor segment is expected to grow at a higher CAGR than the desktop monitor segment during the forecast period owing to its advantages such as portability and ease of use. Based on application, the global cerebral oximetry monitoring market is divided into hospital and clinic applications. The hospital application segment dominates the global cerebrovascular oximetry market due to an increase in number of stroke cases across hospitals globally.
Product Definition:
Cerebral oximetry is a noninvasive technique for monitoring the oxygenation of cerebral tissue. Cerebral oximetry may be useful for predicting the development of vasospasm after aneurysmal subarachnoid hemorrhage and for assessing the effects of therapeutic interventions.
Desktop Monitoring:
Desktop monitoring is a technique used to record the oxygen saturation level of the brain. It's major use is in determining whether a patient suffering from respiratory or cardiovascular disease is having any difficulty in breathing or suffers from cardiac arrhythmia. The device works by measuring the flow of blood at different points on the scalp and calculating oxygen saturation level using an algorithm.
Portable Monitoring:
Portable Monitoring is a system used to record and store the oxygen saturation level of patient’s blood. It helps in monitoring the oxygen level in patient’s body during their sleep, while they are being transported from one place to another or even when they are not breathing. Portable monitoring devices have gained popularity owing to its ability of continuously recording and transmitting data regarding oxygen levels along with other vital signs such as heart rate, temperature, respiratory rate and blood pressure.
Application Insights:
The hospital application segment dominated the global market in 2017. This can be attributed to factors such as availability of advanced healthcare facilities and highly skilled medical personnel, which facilitate effective management of patients with Cerebral Palsy. Furthermore, increasing prevalence of neurological disorders is expected to drive demand for CCO devices in hospitals over the forecast period.
Clinic-based cerebral oximetry monitoring is anticipated to witness significant growth over the forecast period owing to rising awareness about early detection and treatment of brain injuries among individuals suffering from trauma or head injury resulting in a coma or brain injury. In addition, an increase in road traffic accidents across various regions coupled with high risk-taking behavior by drivers resulting in TBIs will boost product adoption at clinics globally. Moreover, portable devices are preferred at clinics due to ease of use compared with their counterparts used within hospitals thus driving market growth during this phase as well.
Regional Analysis:
North America dominated the global cerebral oximetry monitoring market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of neurological disorders, and high adoption of technologically advanced products. For instance, as per the National Institute of Neurological Disorders & Strokes (NINDS), in U.S., approximately 90% patients with stroke are not covered under any health insurance plan and around 40% population does not have any form of medical insurance at all.
Growth Factors:
- Increasing incidence of neurological disorders: The global cerebral oximetry monitoring market is expected to grow at a CAGR of over 7% during the forecast period owing to the increasing incidence of neurological disorders such as stroke, Alzheimer’s disease, and others. This is mainly due to the changing lifestyle and growing geriatric population across the globe.
- Rising demand for minimally invasive procedures: Cerebral oximetry monitoring is gaining popularity owing to its ability to provide real-time information about tissue oxygenation levels in various regions of the brain. This has led to an increase in demand for minimally invasive procedures that use cerebral oximetry monitoring devices.
- Technological advancements: The development of new technologies in cerebral oximetry monitoring is expected to drive market growth during the forecast period. For instance, recent technological advancements have made it possible for physicians to obtain detailed information about brain oxygenation levels with high accuracy using portable devices such as smartphones and tablets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cerebral Oximetry Monitoring Market Research Report
By Type
Desktop Monitoring, Portable Monitoring
By Application
Hospital, Clinic
By Companies
Medtronic, Philips Healthcare, Masimo, GE Healthcare, Edwards Lifesciences, Mindray Medical, Natus Medical, Honeywell Life Sciences, Hill-Rom, Omron Healthcare, Nihon Kohden, Spacelabs Healthcare, Abbott, Nonin Medical, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Cerebral Oximetry Monitoring Market Report Segments:
The global Cerebral Oximetry Monitoring market is segmented on the basis of:
Types
Desktop Monitoring, Portable Monitoring
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Philips Healthcare
- Masimo
- GE Healthcare
- Edwards Lifesciences
- Mindray Medical
- Natus Medical
- Honeywell Life Sciences
- Hill-Rom
- Omron Healthcare
- Nihon Kohden
- Spacelabs Healthcare
- Abbott
- Nonin Medical
- Boston Scientific
Highlights of The Cerebral Oximetry Monitoring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desktop Monitoring
- Portable Monitoring
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cerebral Oximetry Monitoring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cerebral oximetry monitoring is a procedure that uses an oximeter to measure the oxygen levels in the blood flowing through your brain. The goal of this procedure is to determine if there is any change in your brain's oxygen level, which may indicate a problem.
Some of the key players operating in the cerebral oximetry monitoring market are Medtronic, Philips Healthcare, Masimo, GE Healthcare, Edwards Lifesciences, Mindray Medical, Natus Medical, Honeywell Life Sciences, Hill-Rom, Omron Healthcare, Nihon Kohden, Spacelabs Healthcare, Abbott, Nonin Medical, Boston Scientific.
The cerebral oximetry monitoring market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cerebral Oximetry Monitoring Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cerebral Oximetry Monitoring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cerebral Oximetry Monitoring Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cerebral Oximetry Monitoring Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cerebral Oximetry Monitoring Market Size & Forecast, 2018-2028
4.5.1 Cerebral Oximetry Monitoring Market Size and Y-o-Y Growth
4.5.2 Cerebral Oximetry Monitoring Market Absolute $ Opportunity
Chapter 5 Global Cerebral Oximetry Monitoring Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cerebral Oximetry Monitoring Market Size Forecast by Type
5.2.1 Desktop Monitoring
5.2.2 Portable Monitoring
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cerebral Oximetry Monitoring Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cerebral Oximetry Monitoring Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cerebral Oximetry Monitoring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cerebral Oximetry Monitoring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cerebral Oximetry Monitoring Analysis and Forecast
9.1 Introduction
9.2 North America Cerebral Oximetry Monitoring Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cerebral Oximetry Monitoring Market Size Forecast by Type
9.6.1 Desktop Monitoring
9.6.2 Portable Monitoring
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cerebral Oximetry Monitoring Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cerebral Oximetry Monitoring Analysis and Forecast
10.1 Introduction
10.2 Europe Cerebral Oximetry Monitoring Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cerebral Oximetry Monitoring Market Size Forecast by Type
10.6.1 Desktop Monitoring
10.6.2 Portable Monitoring
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cerebral Oximetry Monitoring Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cerebral Oximetry Monitoring Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cerebral Oximetry Monitoring Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cerebral Oximetry Monitoring Market Size Forecast by Type
11.6.1 Desktop Monitoring
11.6.2 Portable Monitoring
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cerebral Oximetry Monitoring Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cerebral Oximetry Monitoring Analysis and Forecast
12.1 Introduction
12.2 Latin America Cerebral Oximetry Monitoring Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cerebral Oximetry Monitoring Market Size Forecast by Type
12.6.1 Desktop Monitoring
12.6.2 Portable Monitoring
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cerebral Oximetry Monitoring Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cerebral Oximetry Monitoring Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cerebral Oximetry Monitoring Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cerebral Oximetry Monitoring Market Size Forecast by Type
13.6.1 Desktop Monitoring
13.6.2 Portable Monitoring
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cerebral Oximetry Monitoring Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cerebral Oximetry Monitoring Market: Competitive Dashboard
14.2 Global Cerebral Oximetry Monitoring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Philips Healthcare
14.3.3 Masimo
14.3.4 GE Healthcare
14.3.5 Edwards Lifesciences
14.3.6 Mindray Medical
14.3.7 Natus Medical
14.3.8 Honeywell Life Sciences
14.3.9 Hill-Rom
14.3.10 Omron Healthcare
14.3.11 Nihon Kohden
14.3.12 Spacelabs Healthcare
14.3.13 Abbott
14.3.14 Nonin Medical
14.3.15 Boston Scientific
