openPR Logo
Press release

Healthtech to Bring About a Sea Change in EEG Devices Market

02-18-2022 05:07 PM CET | Health & Medicine

Press release from: Persistence Market Research

Healthtech to Bring About a Sea Change in EEG Devices Market

The global EEG Devices Market is estimated to grow noticeably in the next 10 years. With personalization doing the rounds, the healthcare vertical is also not expected to escape. With digitization, not just the track record of the patient but also the precautionary measures to be taken could be put forth. This would be how the healthcare vertical go about in the subsequent period.
The use of electroencephalography (EEG) devices is gathering momentum around the world, owing to its proven clinical advantages over other brain imaging techniques for the diagnosis of various neurological disorders. Electroencephalography devices are the most promising devices used to measure and record electrical activities in the brain, which helps in the diagnosis of epilepsy, Parkinson's disease, Alzheimer's disease, and other neurological disorders. Increase in the demand for high-quality EEG devices along with advances in technology have amplified the success of electroencephalography devices for the diagnosis of brain disorders.

How About Looking Through The Sample Of EEG Devices Market Report? https://www.persistencemarketresearch.com/samples/7616

Electroencephalography devices have gained clinical significance on basis of their performance, such as measuring cognitive functions and seizure diagnosis through ambulatory EEG. High temporal resolution, low hardware cost, and powerful diagnostic tool for recording brain activity are factors that are surging the electroencephalography devices market. Moreover, high incidence of Alzheimer's disease, epilepsy, dementia, multiple sclerosis, Parkinson's disease, and stroke are factors expected to drive the electroencephalography market further through 2030.

The global electroencephalography devices market was valued at US$ 1.2 Bn in 2019, and is expected to exhibit a CAGR of nearly 7% during the forecast period (2020-2030).

Get a Customized Scope to Match Your Need Ask an Expert- sales@persistencemarketresearch.com

Companies covered in EEG Devices Market Report

Cadwell Laboratories Inc.
Nihon Kohden Corporation
Compumedics Limited
Natus Medical Incorporated
Neurosoft Ltd
Elekta AB
Electrical Geodesics Inc
NeuroWave Systems Inc
EB Neuro S.p.A

How About Step-By-Step Insights To EEG Devices Market? Look Through The "Methodology" Employed! https://www.persistencemarketresearch.com/methodology/7616

Key Takeaways of Electroencephalography Devices Market Study

32 Channel EEG has emerged as the largest segment by product, representing 25.9% of revenue share in the EEG devices market. This is attributed to technological advancements and high adoption by healthcare professionals.
The portable devices segment is expected to exhibit the highest CAGR during the forecast period. Major factor contributing to its growth is increasing focus of manufacturers on technological advancements such as portability, lightweight, and simultaneous raw data acquisition. Also, the rising demand for portable devices for clinical practice and outdoor investigation is projected to surge the segment even more over the coming years.
Diagnostic centers accounted for a major revenue share of 61%, owing to growing awareness regarding neurodegenerative disorders. This rising awareness among people leads to the demand for advanced EEG products for disease diagnosis and prevention.
Cumulatively, North America and Europe contribute more than 70% share in the global EEG devices market, with North America holding a noteworthy market share, and expected to progress at a CAGR of more than 7% during the forecast period.
Rising prevalence of various sleep and neurodegenerative disorders and accessibility to insurance are major factors contributing to this regional growth. Moreover, the presence of highly developed healthcare infrastructure and strong distribution and sales network of leading vendors in this region are anticipated to drive growth further.
"The global electroencephalography devices market increases in parallel with the increasing population suffering from neurological disorders. New technological developments in EEG devices with a wider range of applications, such as critical monitoring in neuro intensive care units, first aid assistance, and early diagnosis of neurodegenerative diseases, are propelling market growth," says a PMR analyst.

Acquisitions - Strategic Focus of EEG Device Manufacturers

Various players in the EEG devices market space are focusing on inorganic growth strategies such as acquisitions and partnerships. These activities have played a vital role in the expansion of business and customer base of market players. For example, October 2018 Lifelines Neurodiagnostic Systems, Inc., a provider of neurodiagnostic equipment and services, completed the acquisition of Incereb Ltd. This acquisition is anticipated to help increase its market presence in developing markets and expand its product portfolio. These winning strategies by leading players are also being followed by regional and local players.

Want To Keep A Tab On The Latest Findings In The EEG Devices Market? Purchase Our EEG Devices Market Report Now! https://www.persistencemarketresearch.com/checkout/7616

Impact of COVID-19 on Electroencephalography Devices Market

The outbreak of COVID-19 is having a dual impact on the EEG devices market. On the positive side, the demand for these devices rises from hospitals and clinics to monitor neurology-related complications in COVID-19 patients. However, factors such as disruption of the medical supply chain, halted productions, and limited workforce are playing adversaries to market growth. For instance, The Nihon Kohden Group has production sites in Japan, the U.S., China, India, and Italy, and has temporarily suspended operations at most of these sites, but continues operating R&D and sales offices in Japan. Other major market players are in a similar state. Nevertheless, the demand for these devices amid such critical times and the need to provide effective treatment will overcome the aforementioned restraints.

More Valuable Insights on Electroencephalography (EEG) Devices Market

Persistence Market Research brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global electroencephalography devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on the EEG devices market on the basis of product (21 Channel EEG, 25 Channel EEG, 32 Channel EEG, 40 Channel EEG, 8 Channel EEG, and Multi-Channel EEG), modality (portable devices, standalone (fixed devices), and end user (hospitals and diagnostic centers), across seven major regions.

Complete Report Details@ https://www.persistencemarketresearch.com/market-research/eeg-devices-market.asp

Read More Trending "PMR Exclusive Article"-

Advanced Computed Tomography Scanners Market@ https://www.persistencemarketresearch.com/market-research/advanced-computed-tomography-scanners-market.asp

Mri Guided Focused Ultrasound Devices Market@ https://www.persistencemarketresearch.com/market-research/mri-guided-focused-ultrasound-devices-market.asp

Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

About us-
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Healthtech to Bring About a Sea Change in EEG Devices Market here

News-ID: 2557524 • Views: …

More Releases from Persistence Market Research

Global Automotive Active Health Monitoring Systems Market Expected to Surge from US$ 683.9 Mn in 2025 to US$ 2,338.3 Mn by 2032 at 19.2% CAGR | Persistence Market Research
Global Automotive Active Health Monitoring Systems Market Expected to Surge from …
The Automotive Active Health Monitoring Systems Market is poised for significant growth over the forecast period of 2025 to 2032. This market is projected to expand from USD 683.9 million in 2025 to USD 2,338.3 million by 2032, registering a robust CAGR of 19.20%. Automotive active health monitoring systems are designed to track the real-time status of vehicles, enabling predictive maintenance, reducing downtime, and enhancing overall vehicle safety. With growing…
Primary Packaging Labels Market to Reach US$12.2 Bn by 2031 with Steady Growth at 3.3% CAGR - Persistence Market Research
Primary Packaging Labels Market to Reach US$12.2 Bn by 2031 with Steady Growth a …
➤Overview of the Market The global primary packaging labels market is a crucial segment of the packaging industry, enabling product identification, regulatory compliance, and brand differentiation. Primary labels are applied directly on product packaging, such as bottles, vials, boxes, and pouches, serving both functional and promotional roles. As consumer awareness of product authenticity and safety continues to rise, demand for innovative labeling solutions is expanding. Moreover, stringent regulatory frameworks in industries…
Shelf Stable Packaging Market to Reach US$10.7 Bn by 2031 with Steady Growth at 2.4% CAGR - Persistence Market Research
Shelf Stable Packaging Market to Reach US$10.7 Bn by 2031 with Steady Growth at …
➤Overview of the Market The shelf stable packaging market plays a critical role in extending the shelf life of food and beverages without the need for refrigeration, ensuring product safety, convenience, and affordability. These packaging solutions-spanning cartons, pouches, cans, and plastic containers-are widely used in ready-to-eat meals, dairy alternatives, sauces, soups, and beverages. Growth in the market is closely linked to evolving consumer lifestyles, increasing urbanization, and demand for long-lasting packaged…
Print Label Market to Reach US$68.6 Bn by 2031 with Steady Growth at 4.3% CAGR - Persistence Market Research
Print Label Market to Reach US$68.6 Bn by 2031 with Steady Growth at 4.3% CAGR - …
➤Overview of the Market The global print label market is poised for substantial expansion, driven by increasing demand across industries such as food & beverages, pharmaceuticals, cosmetics, and logistics. Labels play a crucial role in brand identity, product differentiation, and regulatory compliance. In addition to providing essential information like product ingredients, expiration dates, and barcodes, printed labels serve as key marketing tools that influence consumer purchase decisions. With the rapid rise…

All 5 Releases


More Releases for EEG

EEG Amplifiers Market Size 2024 to 2031.
Market Overview and Report Coverage EEG Amplifiers are devices used to amplify electrical signals from the brain in order to record and analyze brain activity. These amplifiers are commonly used in neuroscience research, clinical diagnostics, and brain-computer interface systems. The EEG Amplifiers Market is poised for steady growth, with a projected CAGR of 4.70% during the forecasted period. Factors driving this growth include increasing prevalence of neurological disorders, growing demand…
Exploring the Rise of EEG Devices in Sleep Architecture: Insights into the EEG D …
EEG devices for sleep and sleep architecture refer to the technology used to monitor brain activity during sleep and to analyze the sleep stages. The market for EEG devices for sleep and sleep architecture is growing rapidly, driven by the increasing awareness of the importance of sleep for overall health and wellbeing. These devices are used to monitor brain activity during sleep, enabling a more comprehensive analysis of sleep stages…
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 Machines Market Future Forecast 2020-2025
GLOBAL INFO RESEARCH has recently published a research report titled, [Global EEG Machines Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025] assessing various factors impacting its trajectory. Analysts have used primary and secondary research methodologies to determine the path of the market. The data includes historic and forecast values for a well-rounded understanding. The global EEG Machines market is expected to augment in the forecast period owing to various…
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 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…