Market Challenges And Opportunities

Restaints

The portable brain injury scanners are still to capitalize on the opportunities in the U.S., Canada, and European markets. A head injury usually requires a trip to the hospital and a potentially expensive MRI or CT scan. This device helps to identify the need for a MRI and CT scan before incurring that high cost of scanning. Recently, the Neural Analytics received a USD 3 million funding from the National Institutes of Health to aid in the development of portable brain monitoring platform.

Moreover, this new technology is also desired by the emerging nations like India, China, Brazil, and Russia to help them avoid the risk of complications while transporting a patient with traumatic brain injury to the nearby hospital for a CT scan. With increasing research, the technology will further improve with increase accuracy and integration with information technology for anytime and anywhere accessibility of the reports.

Some of the major players in this market include BrainScope Company, Inc., Neural Analytics, and InfraScan, Inc.