Press release
Global Electroencephalography (EEG) Devices Market 2023: Rapidly Rising Demand for Diagnosis of Neurological Disorders Catalyzing Market Growth
The Electroencephalography (EEG) Devices Market is an emerging segment in the healthcare industry. EEG devices are used to monitor brain activity and diagnose neurological disorders. Recent advances in technology have allowed for the development of more efficient and accurate EEG devices, increasing their demand in medical settings. The Electroencephalography (EEG) Devices Market is expected to see significant growth over the coming years as more sophisticated instruments become available. Pharmaceutical companies are investing heavily in researching and developing innovative EEG devices that can help in the diagnosis and treatment of various neurological conditions.Request For Free Sample Report of "EEG Devices Market"@ https://www.persistencemarketresearch.com/samples/7616
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).
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.
Buy Full Report Now@ https://www.persistencemarketresearch.com/checkout/7616
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.
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.
Request Customization @ https://www.persistencemarketresearch.com/request-customization/7616
Key Questions Answered in This Report.
What are the Roadblocks for EEG Devices Market Suppliers?
What are the Key Opportunities for EEG Devices Market Manufacturers?
How is Focus on Safety Influencing EEG Devices Market Demand?
What is the Regulatory Impact on Global Sales of EEG Devices Market?
Which Region Offers the Largest Opportunity for Sales of EEG Devices Market?
Where Does the U.S. Stand in the Market for EEG Devices Market?
What Is the Outlook for EEG Devices Market Manufacturers in China?
Why is Germany a Lucrative Market for EEG Devices Market Manufacturers?
Why Will Belgium Outpace Other European Markets for EEG Devices Market?
Why is There High Demand for Tires in EEG Devices Market?
Why are Sales of EEG Devices Market Surging?
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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 Global Electroencephalography (EEG) Devices Market 2023: Rapidly Rising Demand for Diagnosis of Neurological Disorders Catalyzing Market Growth here
News-ID: 2903303 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
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…