|08-08-2018 06:06 PM CET - Health & Medicine||
Global Electroencephalography Devices Market growing at a CAGR of 6.5% with top players like Natus Medical Incorporated, Electrical Geodesics, Inc., Medtronic, NeuroWave Systems Inc., Compumedics Limited, Noraxon USA, Cadwell, Nihon Kohden America
Press release from: Data Bridge Market Research
The Electroencephalography Devices Market report provides a basic overview of the industry including definitions, classifications, Electroencephalography Devices market by applications and industry chain structure. In this introductory section, the Electroencephalography Devices Industry research report incorporates analysis of definitions, classifications, applications and industry chain structure. Besides this, the report also consists of development trends, competitive landscape analysis, and key regions development status.
Global Electroencephalography Devices Market.’’, accounted to USD 8 billion in 2016 growing at a CAGR of 6.5% during the forecast period of 2017 to 2024.
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Global Electroencephalography Devices Market, By Product Type (MRI, CT, PET, EEG, EMG, MEG, TCD, ICP, Electrodes, Sensors, Gels, Cables), By Application (Diagnostics, Therapeutics), By Procedure (Invasive, Non-Invasive), By Disease (TBI, Stroke, Dementia, Epilepsy), By End-Users (Hospitals, Clinics, Diagnostic Centers), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.
Some of the major players operating in electroencephalography devices market are
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. among others
Major Market Drivers and Restraints: Electroencephalography Devices Market
• Growing incidence of neurological disorders
• Increasing investment in R&D and new product development
• Growing geriatric population
• Technological advancement
• Unfavorable Reimbursement Policies
• Demand for EEG devices in hospitals and diagnostics centers
• Shortage of trained professionals.
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Important Segmentation: Electroencephalography Devices Market:-
By product type the electroencephalography devices market is segmented into MRI, CT, PET, EEG, EMG, MEG, TCD, ICP, Electrodes, Sensors, Gels, Cables.
On the basis of application the market is segmented into diagnostics and therapeutics segments. By procedure the segmentation of the market is invasive, non-invasive. Based on disease, the Electroencephalography market is segmented into TBI, stroke, dementia, epilepsy. On the basis of end-users the electroencephalography devices market is segmented into hospitals, diagnostic centers and academics.
On the basis of geography, electroencephalography devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis: Electroencephalography Devices Market
Electroencephalography devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Electroencephalography devices market for global, Europe, North America, Asia Pacific and South America.
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