Product Code: ETC6175993 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In Australia, the brain monitoring devices market is expanding rapidly due to growing cases of neurological disorders, increased awareness about brain health, and advancements in medical imaging technologies. Devices such as EEGs, MEGs, and intracranial pressure monitors are being widely adopted in hospitals and research institutions. The aging population and increased prevalence of conditions like epilepsy, stroke, and dementia are primary demand drivers.
The brain monitoring devices market in Australia is expanding due to a growing elderly population and the rising incidence of neurological disorders like epilepsy, dementia, and Parkinson`s disease. Increased adoption of portable and wireless EEG and MEG systems in clinical and research settings is also propelling market growth.
In the Australia Brain Monitoring Devices market, a key challenge is the high cost of advanced monitoring equipment, which makes it less accessible to smaller healthcare facilities or regions with budget constraints. Additionally, the technological complexity of these devices requires highly trained personnel for effective use, which can increase operational costs. There is also a challenge related to regulatory approvals and the time-consuming process of ensuring compliance with Australian healthcare standards. As brain monitoring technologies evolve, the market faces the challenge of integrating new devices with existing healthcare infrastructure and electronic medical record systems, which may not be fully compatible.
With a rising aging population and growing neurological disorder cases, Australias brain monitoring devices market presents investment prospects in portable EEG and MRI technologies. There is also opportunity in telehealth-integrated devices and partnerships with hospitals for equipment leasing or turnkey brain monitoring solutions.
Policies related to medical device regulation and innovation in neurotechnology are governed by the Therapeutic Goods Administration (TGA). The Australian government also funds initiatives such as the Medical Research Future Fund (MRFF) which supports neurology-focused innovation and clinical trials. National digital health policies also facilitate the integration of such devices in healthcare systems through data interoperability and remote monitoring incentives.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Brain Monitoring Devices Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Brain Monitoring Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Brain Monitoring Devices Market - Industry Life Cycle |
3.4 Australia Brain Monitoring Devices Market - Porter's Five Forces |
3.5 Australia Brain Monitoring Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Brain Monitoring Devices Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.7 Australia Brain Monitoring Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Brain Monitoring Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Brain Monitoring Devices Market Trends |
6 Australia Brain Monitoring Devices Market, By Types |
6.1 Australia Brain Monitoring Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Brain Monitoring Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Brain Monitoring Devices Market Revenues & Volume, By Electroencephalography (EEG) Devices, 2021- 2031F |
6.1.4 Australia Brain Monitoring Devices Market Revenues & Volume, By Magnetoencephalography (MEG) Devices, 2021- 2031F |
6.1.5 Australia Brain Monitoring Devices Market Revenues & Volume, By Transcranial Doppler (TCD) Devices, 2021- 2031F |
6.1.6 Australia Brain Monitoring Devices Market Revenues & Volume, By Intracranial Pressure (ICP) Monitors, 2021- 2031F |
6.1.7 Australia Brain Monitoring Devices Market Revenues & Volume, By Cerebral Oximeters, 2021- 2031F |
6.1.8 Australia Brain Monitoring Devices Market Revenues & Volume, By Magnetic Resonance Imaging (MRI) Devices, 2021- 2031F |
6.1.9 Australia Brain Monitoring Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Australia Brain Monitoring Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Brain Monitoring Devices Market, By Procedure |
6.2.1 Overview and Analysis |
6.2.2 Australia Brain Monitoring Devices Market Revenues & Volume, By Invasive, 2021- 2031F |
6.2.3 Australia Brain Monitoring Devices Market Revenues & Volume, By Non-invasive, 2021- 2031F |
6.3 Australia Brain Monitoring Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Brain Monitoring Devices Market Revenues & Volume, By Epilepsy, 2021- 2031F |
6.3.3 Australia Brain Monitoring Devices Market Revenues & Volume, By Dementia, 2021- 2031F |
6.3.4 Australia Brain Monitoring Devices Market Revenues & Volume, By Parkinson's Disease, 2021- 2031F |
6.3.5 Australia Brain Monitoring Devices Market Revenues & Volume, By Huntington's Disease, 2021- 2031F |
6.3.6 Australia Brain Monitoring Devices Market Revenues & Volume, By Headache Disorders, 2021- 2031F |
6.3.7 Australia Brain Monitoring Devices Market Revenues & Volume, By Stroke, 2021- 2031F |
6.3.8 Australia Brain Monitoring Devices Market Revenues & Volume, By Other Diseases, 2021- 2031F |
6.3.9 Australia Brain Monitoring Devices Market Revenues & Volume, By Other Diseases, 2021- 2031F |
7 Australia Brain Monitoring Devices Market Import-Export Trade Statistics |
7.1 Australia Brain Monitoring Devices Market Export to Major Countries |
7.2 Australia Brain Monitoring Devices Market Imports from Major Countries |
8 Australia Brain Monitoring Devices Market Key Performance Indicators |
9 Australia Brain Monitoring Devices Market - Opportunity Assessment |
9.1 Australia Brain Monitoring Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Brain Monitoring Devices Market Opportunity Assessment, By Procedure, 2021 & 2031F |
9.3 Australia Brain Monitoring Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Brain Monitoring Devices Market - Competitive Landscape |
10.1 Australia Brain Monitoring Devices Market Revenue Share, By Companies, 2024 |
10.2 Australia Brain Monitoring Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |