There has been a significant rise in the number of neurological disorders in the country in the last two decades. According to the American Academy of Neurology (AAN), Alzheimer’s disease is the sixth leading cause of death in the U.S. The statistics also indicate that Parkinson’s affects nearly one million Americans annually. Such an increasing prevalence of neurological diseases points to the urgent need for advancing healthcare planning and resource allocation to prevent the burden of such diseases. In that regard, novel neurology technologies and devices play a crucial role in converting the advancements made in the field of neurosciences to patients’ benefits.
Notably, the demand for neurodiagnostic and monitoring devices is surging with the soaring neurological disorders, like epilepsy, stroke, Parkinson’s, and brain tumors, which have a substantial risk of developing a disability. Neurodiagnostic devices, including electromyography (EMG) devices, intracranial pressure (ICP) monitors, magnetoencephalography (MEG) devices, and electroencephalogram (EEG) devices, are extensively being used for further interventions on such neurological diseases.
The requirement for non-invasive, hybrid brain-computer interface (hBCI) technologies is also rising to enhance the accuracy of neurodiagnostic procedures. Hybridization aids in increasing the number of control commands, improving classification accuracy, and reducing the signal detection time. Meantime, the growing demand for minimally invasive surgical procedures is driving the need for neurointerventional and neurostimulation devices with advanced surgical technology.
At this juncture, there is a variety of neurology device providers available in the market that cater to the different needs of healthcare providers and physicians. To help them choose the device provider that best fits their requirement, MedTech Outlook has compiled a list of the top 10 emerging neurology device providers. The enlisted device providers are the frontrunners in the market that provide a wide span of features. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CXOs.
We present to you MedTech Outlook’s, “Top 10 Emerging Neurology Device Companies – 2021.”