EEG Equipment Market Size to hit $1.99 billion by 2026, Top Prominent Players: Advanced Brain Monitoring, Inc., Cadwell Industries, Inc., Cephalon A/S, Compumedics Limited, Fresenius SE & Co. KGaA
The global electroencephalography equipment market accounted for $1.40 billion in 2018, and is expected to reach $1.99 billion by 2026, registering a CAGR of 4.5% from 2019 to 2026.
Download Report Sample (320 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/2645
The key factors that drive the growth of the global electroencephalography equipment market are rise in geriatric population and surge in adoption of EEG equipment in surgery centers. The other factors that contribute toward the growth of the market include increase in prevalence of neurological disorders such as epilepsy and Alzheimer's disease. Furthermore, technological advancements in the field of EEG equipment is another factor that contributes to the growth of the global EEG equipment market. However, presence of large number of substitute products in the market hinders the growth of the market. Whereas, growth potential in developing nation is expected to provide lucrative opportunity for the global EEG equipment market during the forecast period.
The electroencephalography equipment market is segmented based on product, application, end user, and region to provide a detailed assessment of the market. Based on product, the market is divided into EEG equipment and EEG accessories. Moreover, EEG equipment is further bifurcated into integrated EEG system and portable EEG system. Based on application, the market is divided into diseases diagnosis, sleep monitoring, anesthesia monitoring, trauma & surgery and others. On the basis of end user, the market is classified into hospitals, diagnostic centers, ambulatory surgical centers, research laboratories and others. Based on region, the electroencephalography equipment market size is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA).
On the basis of product, the EEG accessories segment was a major revenue contributor in 2018 and is expected to maintain its dominant position throughout the analysis period as these devices are purchased repeatedly. Moreover, the other factors that contribute to the growth of this market include the surge in various neurological disorders such as epilepsy, Alzheimer's and others.
According to application, the disease diagnosis segment accounted for the highest market share in 2018, and is expected to register fastest growth rate, owing to surge in prevalence of neurological disorders such as epilepsy, Alzheimer disease, and others across the globe. Moreover, increase in adoption of EEGs in neonatal intensive care units (NICUs) is another major reason that boost the growth of this segment.
Based on end user, the hospitals segment accounted for the highest market share in 2018 and is anticipated to maintain this trend during the forecast period, as these facilities provide vast number of EEG applications. For instance, the hospitals provide brain monitoring, sleep monitoring, and anesthesia monitoring.
Inquire More About This Report Before Making Decision To Purchase @ https://www.alliedmarketresearch.com/purchase-enquiry/2645
In 2018, North America accounted for the major share of electroencephalography equipment market size and is expected to continue this trend owing to higher number of R&D activities, presence of skilled technicians, and wide availability of technologically advanced EEG equipment. Moreover, surge in prevalence of various neurological disorders is another factor that boost the EEG market in the region. On the other side Asia-Pacific is estimated to register the fastest growth during the forecast period owing to rise in healthcare expenditure, and surge in prevalence of various neurological disorders such as epilepsy and others.
Key Findings of the Electroencephalography Equipment Market:
o EEG accessories systems occupied two-thirds share of the global electroencephalography equipment market in 2018
o The disease diagnosis segment is anticipated to grow with the highest CAGR throughout the forecast period
o The hospitals segment accounted for one-third share of the market in 2018
o Asia-Pacific is anticipated to grow at the highest rate during the analysis period, followed by LAMEA
Access Full Report @ https://www.alliedmarketresearch.com/eeg-equipment-market
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release EEG Equipment Market Size to hit $1.99 billion by 2026, Top Prominent Players: Advanced Brain Monitoring, Inc., Cadwell Industries, Inc., Cephalon A/S, Compumedics Limited, Fresenius SE & Co. KGaA here
News-ID: 2021141 • Views: 175
More Releases from Allied Market Research
Smart Beacon Market Expected to Reach $103.94 Billion By 2030 at 37.7% CAGR | Gr …
Rise in modern-day communication technologies, surge in investments in proximity marketing, and increase in adoption of smart devices are the factors that drive the global smart beacon market growth. As per the report published by Allied Market Research, the global smart beacon market generated $3.28 billion in 2020, and is estimated to reach $103.94 billion by 2030, witnessing a CAGR of 37.7% from 2021 to 2030. The report provides a
Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
More Releases for EEG
Global Electroencephalogram [EEG] Market - Forecasts to 2026
As indicated by Global Market Estimates, the EEG market will rise at a CAGR value of 8.5% during the forecast period of 2020-2026. An electroencephalogram (EEG) monitors the electrical activity of the brain. An EEG can be utilized to help identify potential brain disorders. Rising prevalence of neurological disorders, cardiovascular, mental health disorders, and brain surgeries. Also, rising road accidents which cause brain injuries will propel the growth of the
EEG Equipment Market Report 2018: Segmentation by Product (Video EEG Equipment, …
Global EEG Equipment market research report provides company profile for CAS Medical Systems, EMS Biomedical, Motion Lab Systems, Neurosoft Company, Neurowave Systems, Cadwell Laboratories, Compumedics, Natus Medical, Nihon Kohden, Medtronic and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the
Global ECG and EEG Testing Market | MarketResearchReports.biz
Latest industry research report on: Global ECG and EEG Testing Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Persistence Market Research analyzes the global ECG and EEG testing market in a new publication titled ECG and EEG Testing Market: Global Industry Analysis and Forecast, 20162024. This study provides data for 2015 along with a forecast for the period 20162024. The main objective of the report
Global EEG Electrode Market Research Report 2017
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of EEG Electrode in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global EEG Electrode market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including GAES Medical Computer Systems Mega Electronics Neuroelectrics NeuroWave PMT Corporation SOMNOmedics … To
Global EEG Systems Market Present Scenario and Growth Prospects 2017
“Global EEG Systems Market Professional Survey Report 2017” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. The recent times have marked some significant changes for the Global EEG Systems market. In this research report on the worldwide market for the Global EEG Systems we cover in deep the history and the current statistics of its market and foresee its market scope based on thorough research of its performance from the
Global EEG EMG Equipment Market 2017 : Nihon Kohden, Cadwell, Compumedics
Global EEG EMG Equipment Market 2016-2017 A market study based on the " EEG EMG Equipment Market " across the globe, recently added to the repository of Market Research, is titled ‘Global EEG EMG Equipment Market 2017’. The research report analyses the historical as well as present performance of the worldwide EEG EMG Equipment industry, and makes predictions on the future status of EEG EMG Equipment market on the basis of