Electroencephalography Devices Market Size, Share, Analysis Report

Electroencephalography Devices Market By Product Analysis (8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, Multichannel EEG); By End-Use Analysis (Hospitals, Diagnostics centers); By Type Analysis (Standalone devices, Portable devices) and By Regional Analysis – Global Forecast by

The Global Electroencephalography Devices Market is expected to exceed more than US$ 1.90 Billion by 2028 at a CAGR of 7.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

7

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

Electroencephalography (EEG) is a system to record electrical action produced by the human brain. EEG alludes to the recording of the mind’s unconstrained electrical action over some period of time. EEG technology is also now a day used in different sectors like neuromarketing, artistic expression and gaming etc. Developing interest for proficient brain behavior devices is driving device advancement and reinforcing the development of the worldwide EEG devices market. Different issues related with inefficient working of the brain, which can be analyzed utilizing EEG devices which covers tumors, confusion, coma and strokes among others. There are different models available in the market out of which portable EEG will be a common device used by most of the companies globally to target their market share in the electroencephalography device market.

How Big is The Global Electroencephalography Devices Market?

The Global Electroencephalography Devices Market is expected to exceed more than US$ 1.90 Billion by 2028 at a CAGR of 7.5% in the given forecast period.

The major driving factors of Global Electroencephalography Devices Market are as follows:

  • Growing incidence of neurological disorders
  • Increasing investment in R&D and new product development
  • Technological advancement
  • Growing geriatric population
  • Growing knowledge of Neurodegenerative Disorders
  • Demand for EEG devices in hospitals and diagnostics centers

The restraining factors of Global Electroencephalography Devices Market are as follows:

  • Restrictions of EEG devices
  • Reimbursement Policies are inefficient
  • Complex Procedure and high cost of EEG devices
  • Scarcity of trained professionals
  • Strict Regulatory Guidelines

The Global Electroencephalography Devices Market is segmented on the lines of its product, type, end-use and regional. Based on product segmentation it covers 8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, Multichannel EEG. Based on type segmentation it covers standalone devices, portable devices. Based on end-use segmentation it covers hospitals, diagnostics centers, others. The Global Electroencephalography Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Global Electroencephalography Devices Market and related technologies.
2) Analyses of global market trends, with data from 2021  estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Electroencephalography Devices Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets on Global Electroencephalography Devices Market with the reasons given for variations in the growth of the industry in certain regions.
 
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Natus Medical, Inc.; Electrical Geodesics, Inc.; Medtronic; NeuroWave Systems, Inc.; Compumedics Ltd.; Noraxon U.S.A., Inc.; Cadwell Laboratories, Inc., and Nihon Kohden America, Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
 
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Electroencephalography Devices Market has been segmented as below:

By Product Analysis:

  • 8-channel EEG
  • 21-channel EEG
  • 25-channel EEG
  • 32-channel EEG
  • 40-channel EEG
  • Multichannel EEG

By End-User Analysis:

  • Hospitals
  • Diagnostics centers
  • Others

By Type Analysis:

  • Standalone devices
  • Portable devices

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the world

Reasons to Buy this Report:
 
1) Obtain the most up to date information available on all  Global Electroencephalography Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Electroencephalography Devices Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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1    INTRODUCTION    
  1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources
 

2 Research Methodology 
    2.1 Secondary Data 
           2.1.1 Key Data From Secondary Sources
    2.2 Primary Data 
           2.2.1 Key Data From Primary Sources
    2.3 Market Size Estimation 
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown and Data Triangulation 
    2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights 
    4.1 Brain Monitoring: Market Overview 
    4.2 Brain Monitoring Devices Market Size, By Type 
    4.3 Geographic Analysis: Brain Monitoring Market, By Disease Type (2016) 
    4.4 Brain Monitoring Market, By End User 
    4.5 Geographic Snapshot of the Brain Monitoring Market

5 Market Overview 
    5.1 Introduction 
    5.2 Market Dynamics 
           5.2.1 Drivers
                    5.2.1.1 Increasing Incidence and Prevalence of Neurological Disorders
                    5.2.1.2 Rising Awareness of Neurodegenerative Disorders
                    5.2.1.3 Technological Advancements in Brain Monitoring Devices
                    5.2.1.4 Growing Incidence of Traumatic Brain Injuries
           5.2.2 Restraints
                    5.2.2.1 High Cost of Complex Brain Monitoring Devices and Procedures
                    5.2.2.2 Unfavorable Reimbursement Policies
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Noninvasive and Minimally Invasive Devices
                    5.2.3.2 Expanding Therapeutic Applications of Brain Monitoring Devices
                    5.2.3.3 Increasing Application in Clinical Trials
           5.2.4 Challenges
                    5.2.4.1 Shortage of Trained Professionals
                    5.2.4.2 Stringent Regulatory Guidelines
                    5.2.4.3 Competition From Local Players in Emerging Markets

6 Brain Monitoring Market, By Product 
    6.1 Introduction 
    6.2 Devices 
           6.2.1 Brain Monitoring Devices Market, By Type
                    6.2.1.1 MRI Scanners
                    6.2.1.2 CT Scanners
                    6.2.1.3 PET Scanners
                    6.2.1.4 Intracranial Pressure Monitors
                    6.2.1.5 Electroencephalography Devices
                    6.2.1.6 Cerebral Oximeters
                    6.2.1.7 Sleep Monitoring Devices
                    6.2.1.8 TCD Devices
                    6.2.1.9 MEG Devices
                    6.2.1.10 Electromyography Devices
           6.2.2 Brain Monitoring Devices Market, By Procedure
                    6.2.2.1 Noninvasive Devices
                    6.2.2.2 Invasive Devices
    6.3 Accessories 
           6.3.1 Brain Monitoring Accessories Market, By Type
                    6.3.1.1 Electrodes
                    6.3.1.2 Sensors
                    6.3.1.3 Pastes and Gels
                    6.3.1.4 Caps
                    6.3.1.5 Batteries
                    6.3.1.6 Cables
                    6.3.1.7 Other Accessories
           6.3.2 Brain Monitoring Accessories Market, By Usability
                    6.3.2.1 Disposable Accessories
                    6.3.2.2 Reusable Accessories

7 Brain Monitoring Market, By Disease Type 
    7.1 Introduction 
    7.2 Traumatic Brain Injuries 
    7.3 Stroke 
    7.4 Dementia 
    7.5 Headache Disorders 
    7.6 Sleep Disorders 
    7.7 Epilepsy 
    7.8 Parkinson’s Disease 
    7.9 Huntington’s Disease 
    7.10 Other Diseases

8 Brain Monitoring Market, By End User 
    8.1 Introduction 
    8.2 Hospitals 
    8.3 Neurology Centers 
    8.4 Clinics & Ambulatory Surgical Centers 
    8.5 Diagnostic Centers 
    8.6 Ambulances 
    8.7 Other End Users

9 Brain Monitoring Market, By Region 
    9.1 Introduction 
    9.2 North America 
           9.2.1 U.S.
           9.2.2 Canada
    9.3 Europe 
           9.3.1 Germany
           9.3.2 France
           9.3.3 U.K.
           9.3.4 Rest of Europe
    9.4 Asia 
           9.4.1 Japan
           9.4.2 China
           9.4.3 India
           9.4.4 Rest of Asia (RoA)
    9.5 Rest of the World (RoW)

10 Competitive Landscape 
     10.1 Market Player Ranking 
     10.2 Competitive Situation and Trends 
             10.2.1 Partnerships, Agreements, Contracts, and Collaborations
             10.2.2 Approvals, Clearances, and Product/Technology Launches & Upgrades
             10.2.3 Expansions
             10.2.4 Acquisitions
             10.2.5 Other Strategies

11 Company Profiles 
     11.1 Introduction 
     11.2 Natus Medical Inc. 
     11.3 Nihon Kohden Corporation 
     11.4 Philips Healthcare 
     11.5 GE Healthcare 
     11.6 Siemens Healthineers (A Division of Siemens Ag) 
     11.7 Compumedics Limited 
     11.8 Electrical Geodesics, Inc. 
     11.9 Medtronic PLC 
     11.10 Cas Medical Systems, Inc. 
     11.11 Advanced Brain Monitoring, Inc.

The Global Electroencephalography Devices Market has been segmented as below:

By Product Analysis:

  • 8-channel EEG
  • 21-channel EEG
  • 25-channel EEG
  • 32-channel EEG
  • 40-channel EEG
  • Multichannel EEG

By End-User Analysis:

  • Hospitals
  • Diagnostics centers
  • Others

By Type Analysis:

  • Standalone devices
  • Portable devices

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the world

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The market is expected to grow at a CAGR of 7.5% during the study period (2023-2028)
The Global Electroencephalography Devices Market is expected to exceed more than US$ 1.90 Billion by 2028.
The segment included in Electroencephalography Devices Market is Product, End-User, Type and region.
Some key players operating in the Electroencephalography Devices Market include Natus Medical, Inc.; Electrical Geodesics, Inc.; Medtronic; NeuroWave Systems, Inc.; Compumedics Ltd.; Noraxon U.S.A., Inc.; Cadwell Laboratories, Inc.
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