The Electro-Diagnostic Devices market is expected to exceed more than US$ 13.20 Billion by 2028 at a CAGR of 7.4% in the given forecast period.
Increasing incidences of neuromuscular diseases such as Amyotrophic Lateral Sclerosis (ALS), muscular dystrophy, and multiple sclerosis is another factor expected to further fuel growth of the target market in the near future. Furthermore, innovative product launches and technological advancements such as advanced EEG equipment coupled with new features such as ease of handling and precision monitoring are some other factors expected to boost growth of this market over the forecast period. Moreover, growing geriatric population along with increasing risk of neuromuscular disorders is another factor expected to propel growth of the market during the forecast period. However, high installation and maintenance cost and lack of skilled professionals are major factors expected to restrain growth of Electro-Diagnostic Devices market.
Electro-diagnostic devices are used to diagnose the neurological diseases by recording the electrical activity of body parts or by measuring their response to evoked potentials. The medical professionals use electrophysiological techniques such as needle electromyography and nerve conduction studies to diagnose, evaluate, and treat individuals with impairments of the neurologic, neuromuscular, and/or muscular systems.
The global Electro-Diagnostic Devices market is segregated on the basis of Application as Hospitals, Clinics, Diagnostic Centers, and Others. Based on Type the global Electro-Diagnostic Devices market is segmented in Electromyogram (EMG), Nerve Conduction (NCS), Electrocardiography (ECG), Electroencephalography (EEG), Electroretinography (ERG), Electrogastrography (EGG), and Others.
The global Electro-Diagnostic Devices market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Electro-Diagnostic Devices market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Medtronic, Abbot, Boston Scientific, Siemens Healthineers, Philips Healthcare, GE Healthcare, Cardinal Health, Nihon Kohden, Noraxon USA, Compumedics, and others are among the major players in the global Electro-Diagnostic Devices market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Electro-Diagnostic Devices Market has been segmented as below:
Electro-Diagnostic Devices Market, By Application
Electro-Diagnostic Devices Market, By Type
Electro-Diagnostic Devices Market, By Region
Electro-Diagnostic Devices Market, By Company
The report covers:
Report Scope:
The global Electro-Diagnostic Devices market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Electro-Diagnostic Devices market share. Major industry players with significant revenue share include Medtronic, Abbot, Boston Scientific, Siemens Healthineers, Philips Healthcare, GE Healthcare, Cardinal Health, Nihon Kohden, Noraxon USA, Compumedics, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Electro-Diagnostic Devices Market, By Application
5.1 Introduction
5.2 Hospitals
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Clinics
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Diagnostic Centers
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Others
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Electro-Diagnostic Devices Market, By Type
6.1 Introduction
6.2 Electromyogram (EMG)
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Nerve Conduction (NCS)
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Electrocardiography (ECG)
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Electroencephalography (EEG)
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Electroretinography (ERG)
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Electrogastrography (EGG)
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Others
6.8.1 Market Overview
6.8.2 Market Size and Forecast
7. Electro-Diagnostic Devices Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Electro-Diagnostic Devices, By Application
7.2.2 North America Electro-Diagnostic Devices, By Type
7.3 Europe
7.3.1 Europe Electro-Diagnostic Devices, By Application
7.3.2 Europe Electro-Diagnostic Devices, By Type
7.4 Asia-Pacific
7.4.1 Asia-Pacific Electro-Diagnostic Devices, By Application
7.4.2 Asia-Pacific Electro-Diagnostic Devices, By Type
7.5 Rest of the World
7.5.1 Rest of the World Electro-Diagnostic Devices, By Application
7.5.2 Rest of the World Electro-Diagnostic Devices, By Type
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Medtronic
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Abbot
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Boston Scientific
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Siemens Healthineers
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Philips Healthcare
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 GE Healthcare
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Cardinal Health
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Nihon Kohden
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Noraxon USA
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Compumedics
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Electro-Diagnostic Devices Market has been segmented as below:
Electro-Diagnostic Devices Market, By Application
Electro-Diagnostic Devices Market, By Type
Electro-Diagnostic Devices Market, By Region
Electro-Diagnostic Devices Market, By Company
