Market Size of North America Neurology Monitoring Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 2.76 Billion |
| Market Size (2029) | USD 3.49 Billion |
| CAGR (2024 - 2029) | 4.72 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Neurology Monitoring Market Analysis
The North America Neurology Monitoring Market size is estimated at USD 2.76 billion in 2024, and is expected to reach USD 3.49 billion by 2029, growing at a CAGR of 4.72% during the forecast period (2024-2029).
TheNorth America Neurology Monitoring Marketwill show a rapid growth due to the increasing burden of neurological disorders, growing incidence of traumatic brain injuries and the increasing number of product approvals.
Neurological disorders are increasingly recognized as one of the most prevalent disorders with high burden to the patients, their families, and society. Neurological disorders contribute significantly to morbidity and mortality worldwide. According to a report published by the Alzheimer's Association, it was estimated that around 5.8 millionAmericans of all ages are living with Alzheimer's dementia in 2019 as 5.4 million Americans were recorded in the year 2016. Therefore the above statistics clearly demonstrate an increase in the number of patients with neurological disorders and therefore neurology monitoring devices are found to be used. Hence all these systems monitors the intracranial pressure and blood flow dynamics and also monitors the brain electrical activity, thereby propelling the market growth.
