Neurology Devices Market Global Briefing 2017

Neurology devices are designed to aid diagnose, prevent, monitor and treat a variety of neurological disorders and conditions such as Parkinson’s disease, Alzheimer’s disease, epilepsy, major depression, spinal cord and traumatic brain injuries.

The Americas was the largest region in the Neurology Devices market in 2016, accounting for over 50% of the market share. Asia was the second largest region accounting for over 36% of the market share. Europe was the third largest region accounting for over 8% of the market share.

Wearable technology innovations are a new trend in the neurology device market. Wearable technology helps monitor symptoms automatically and also predicts some serious conditions such as seizures and disease progression before the patient is aware of them. These devices can collect health related data at anytime and anywhere and thus are useful in monitoring or diagnosing several kinds of neurological disorders such as Parkinson’s disease, multiple sclerosis and epilepsy and also helpful to neurologists treating those patients. For instance, Massachusetts Institute of Technology is testing a watch which is able to predict seizures by measuring skin moisture. Neurology devices with electro encephalo graphic (EEG) sensors are also being developed to record electrical signals along the scalp to measure brain activity

Figure 1: Global Neurology Devices Market, Historic Market Size, 2012-2016, $ Billion 6
Figure 2: Global Neurology Devices Market, Forecast Market Size, 2016-2020, $ Billion 9
Figure 3: Global Neurology Devices Market, Split By Segments, 2016, $ Billion 12
Figure 4: Global Neurology Devices Market, Split By Region, 2016, $ Billion 14
Figure 5: Global Neurology Devices Market, Historic and Forecast Growth, Split By Region, 2012-2020 15
Figure 6: Global Neurology Devices Market, Split By Country, 2016, $ Billion 16
Figure 7: Global Neurology Devices Market, Historic and Forecast Growth Rate, Split By Country, 2012-2020 18
Figure 8: Global Neurology Devices Market, Key Competitor Estimated Market Shares, 2016, Percentage(%) 20