Global Neurology Monitoring Market: Regional Insights
Based on geography, the global neurology monitoring market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Among regions, North America is expected to gain highest share in the market during the forecast period owing to the rise in burden of neurological disorders and increase in demand for neurology monitoring devices/products in the region. For instance, according to the Alzheimer's Association, the number of Americans living with Alzheimer's is growing and growing fast. More than 6 million Americans of all ages have Alzheimer's. Alzheimer's disease is a progressive neurologic disorder that causes the brain to shrink (atrophy) and brain cells to die. This in turn has increased demand for neurology monitoring devices/products in the region.
Asia Pacific is also expected to witness robust growth in the global neurology monitoring market due to the increasing incidence of traumatic brain injuries, rise in demand for neurology monitors, and growing geriatric population in the region. For instance, according to the National Center for Biotechnology Information, traumatic brain injuries are the leading cause of morbidity, mortality, disability, and socioeconomic losses in India and other developing countries. Over 1.5 to 2 million people are injured and one million succumb to death every year in India. This in turn is increasing the demand for neurology monitors in the region.
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