Portable Electroencephalography Devices Market Segmentation, Dynamics, Market Size, Supply & Demand, Competition & Companies, Drivers, Restraints, Technology and Forecast 2026

In this report, the Global Portable Electroencephalography Devices Market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2026.

Global Portable Electroencephalography Devices Market – Insights

Electroencephalography (EEG) is an electrophysiological monitoring method used to record electrical activity of the brain. This noninvasive approach is used for the treatment of neurological disorders such as brain tumor, dementia, brain damage from head injury, brain dysfunction that can have a variety of causes (encephalopathy), inflammation of the brain (encephalitis), stroke, and sleep disorders.

Portable EEG devices offer various advantages such as portability, light weight, and simultaneous raw data acquisition. Such devices also find high demand for clinical practice and outdoor investigation. Such scenario is expected to propel growth of the global portable electroencephalography devices market over the forecast period.

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Increasing prevalence of Alzheimer’s disease is expected to boost growth of the global portable electroencephalography devices market. For instance, according to the data from Alzheimer's Association, around 5.7 million people in the U.S. were suffering from Alzheimer’s disease in 2018. Moreover, increasing incidence of stroke is also expected to boost growth of the market. For instance, according to the study, ‘Global, Regional, and National Burden of Stroke, 1990–2016: a Systematic Analysis for the Global Burden of Disease Study 2016, published in the journal The Lancet Neurology in March 2019, 80·1 million people suffered from stroke globally in 2016, of which 84·4% were ischaemic.

Increasing geriatric population is expected to offer lucrative growth opportunities for players in the global portable electroencephalography devices market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015. Moreover, development of a neural network that can recreate human brain waves in real-time is expected to offer lucrative growth opportunities for market players. For instance, in October 2019, reserchers from Neurobotics LLC and Neuroassistive Technologies LLC, in collaboration with Moscow Institute of Physics and Technology (MIPT), reported development of an effective closed-loop brain–computer interface (BCI) system that reconstructs the observed or imagined stimuli images from the co-occurring brain wave parameters.

Key players in the market are focused on product development and launch to expand their product portfolio. For instance, in September 2019, Nihon Kohden launched its VitalEEG wireless electroencephalogram headset in the U.S., which is designed for quick setup and efficient placement of electrodes to evaluate brain health. In September 2019, EMOTIV launched EMOTIV MN8, a new generation of brain monitoring sensors called EEG buds comprised of 2 in-ear brain sensors, 4 behind-the-ear reference electrodes and multi-axis motion sensors that measure balance and head movements.

Key Takeaways:

• Increasing prevalence of Alzheimer’s disease is expected to augment growth of the global portable electroencephalography devices market

• Increasing geriatric population is expected to offer lucrative growth opportunities for players in the market

• Major players operating in the global portable electroencephalography devices market include, Advanced Brain Monitoring, Compumedics, Natus Medical, Nihon Kohden, Allengers, Bio-Signal Group, BrainScope, Cadwell Industries, Clinical Science Systems, Contec Medical Systems, DePuy Synthes, Deymed Diagnostic, EB Neuro, Electrical Geodesics, Elekta, EMS Handels Gesellschaft, Integra LifeSciences, Jordan NeuroScience, Masimo, Micromed, Lifelines Neurodiagnostic Systems, NeuroWave Systems, Recorders & Medicare Systems, and SIGMA Medizin-Technik

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Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Portable Electroencephalography Devices for these regions, from 2014 to 2026 (forecast), covering
* United States
* China
* Europe
* Japan
* Southeast Asia
* India

Global Portable Electroencephalography Devices market competition by top manufacturers/players, with Portable Electroencephalography Devices sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including
* Advanced Brain Monitoring
* Compumedics
* Natus Medical
* Nihon Kohden
* Allengers
* Bio-Signal Group
* BrainScope
* Cadwell Industries
* Clinical Science Systems
* CONTEC MEDICAL SYSTEMS
* DePuy Synthes
* Deymed Diagnostic
* EB Neuro
* Electrical Geodesics
* Elekta
* EMS Handels Gesellschaft
* Integra LifeSciences
* Jordan NeuroScience
* Masimo
* Micromed
* Lifelines Neurodiagnostic Systems
* NeuroWave Systems
* Recorders & Medicare Systems
* SIGMA Medizin-Technik

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
* 8-channel EEG
* 21-channel EEG
* 25-channel EEG
* 32-channel EEG
* 40-channel EEG
* Multichannel EEG

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Portable Electroencephalography Devices for each application, including
* Hospitals
* Clinics
* Others

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