Electroencephalography (EEG) Systems Market Development Strategy -to reach USD 429.55 billion by the end of the 2023 with a CAGR of 7.51 % | Cadwell Industries, Natus Medical Incorporated, Compumedics, Electrical Geodesics, Noraxon U.S.A, Neurowave Monito

Electroencephalography (EEG) Systems Market By Product, Type and End Users- Global Industry Analysis and Forecast to 2023.

The global EEG (Electroencephalography) Monitors Market was worth USD 223.86 billion in 2014 and is expected to reach approximately USD 429.55 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.51% during the forecast period.

EEG Market - Competitive Insights:

The leading players in the market are Cadwell Industries Inc, Natus Medical Incorporated, Compumedics, Electrical Geodesics Inc, Noraxon U.S.A Inc, Neurowave Monitors Inc and Nihon Kohden America Inc. The significant players are taking up different inorganic and organic monitors, for example, new product advancement, acquisitions, collaborations, mergers, and local development for serving the neglected needs of their clients.

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Industry Updates:

Natus Medical Incorporated announced the appointment of Drew Davies as Executive Vice-President and Chief Financial Officer, effective October 1, 2018. Mr. Davies brings nearly 30 years of financial and operational expertise to Natus.

Electrical Geodesics, Inc. announced that at the company's Special Meeting held on 17 July 2017, the shareholders approved the delisting of the company Common Stock from AIM prior to the closing of the Acquisition.

EEG Market - Outlook and Trend Analysis:

Expanding commonness of neurological disorders and increasing awareness about these issues are main considerations contributing toward the development of the market. As per the Society for Neuroscience, around 38% of the European Union populace is experiencing either type of mental disorder. Rising R&D investments by producers to give enhanced brain monitoring devices is another central point fundamentally contributing toward the development of the market.

EEG Market - Product Outlook and Trend Analysis:

In terms of product, the market is sectioned into 25-channel EEG,32-channel EEG, 8-channel EEG, 21-channel EEG, 40-channel EEG, and multichannel EEG. In 2015, 32-channel EEG was the biggest income netting portion and is additionally anticipated to keep up its strength amid the conjecture time frame. The innovative progression in 32-channel EEG products and its high appropriation by human services proficient are main considerations driving business sector development. On the basis of revenue, the 32-channel EEG fragment is trailed by 25-channel EEG and 40-channel EEG 2015. These portions are foreseen to demonstrate significant development rate amid the estimate time frame.

EEG Market - Type Outlook and Trend Analysis:

Based on type, the market is divided into portable devices and standalone devices. Standalone devices fragment represented the major share of income of the EEG devices market in 2015. The standalone devices are the most ordinarily used sort of EEGs. The portable devices section is foreseen to display most elevated development rate amid the estimate time frame. The main consideration adding to the development of this fragment is expanding spotlight of producers on advancements in technology, for example, light weight, simultaneous raw data acquisition and portability.

The (Electroencephalography) Monitors Market is segmented as follows-

EEG Market - By Product:

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

EEG Market - By Type:

Portable devices
Standalone devices

EEG Market - By End User:

Diagnostics centres
Hospitals
Others

EEG Market - End User Outlook and Trend Analysis:

Hospitals ruled the general market in 2015 inferable from the developing number of patients enduring with traumatic brain injuries, epilepsy, and other neurological disorders. Diagnostic centres portion is foreseen to witness quickest development amid the examination time frame, because of the developing awareness for neurodegenerative disorders. The developing awareness of neurological disorders among individuals prompts interest for cutting edge EEG products for ailments diagnosis and avoidance.

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EEG Market - By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

EEG Market - Regional Outlook and Trend Analysis:
In 2015 North America commanded the Electroencephalography monitors market took after by Europe and Asia Pacific. The rising pervasiveness of different rest and neurodegenerative issue and availability to protection are central point adding to development of the market in this region. Asia Pacific is assessed to develop at most astounding rate amid the gauge time frame in view of expanding aged populace in this area. Likewise, undiscovered opportunities pen doors alongside quickly creating human services foundation in nations, for example, India and China is driving the market development.

EEG Market - List of Tables:

Table: Global Electroencephalography (EEG) Systems Devices Market, By Product, 2014-2023($Million)
Table: 8-channel EEG Market, By Region, 2014-2023($Million)
Table: 21-channel EEG Market, By Region, 2014-2023($Million)
Table: 25-channel EEG Market, By Region, 2014-2023($Million)
Table: 32-channel EEG Market, By Region, 2014-2023($Million)
Table: 40-channel EEG Market, By Region, 2014-2023($Million)
Table: Multichannel EEG Market, By Region, 2014-2023($Million)
...

EEG Market - List of Figures:

Figure: Global Electroencephalography (EEG) Systems Devices Market Share, By Type, 2014 & 2023
Figure: Global Electroencephalography (EEG) Systems Devices Market, By Product, 2014 & 2023 ($Million)
Figure: Global Electroencephalography (EEG) Systems Devices Market, By End User, 2014 & 2023 ($Million)
Figure: Compumedics Ltd.: Net Revenues, 2014-2016 ($Million)
Figure: Compumedics Ltd.: Net Revenue Share, By Segment, 2016
Figure: Compumedics Ltd.: Net Revenue Share, By Geography, 2016
....

Reason to Buy -

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the Electroencephalography (EEG) Systems market, thereby allowing players to develop effective long term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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