Global ECG and EEG Testing Market 2023: ECG Testing Segment Anticipated to Remain the Least Attractive Segment in Revenue Terms Throughout the Forecast Period

The ECG (electrocardiogram) and EEG (electroencephalogram) testing market refers to the industry that offers equipment and services for conducting tests to measure the electrical activity of the heart and brain, respectively. The market is expected to grow due to the increasing incidence of cardiovascular diseases and neurological disorders, as well as advancements in technology that result in improved accuracy and convenience of these tests. The ECG testing market is further segmented into resting ECG, stress ECG, and ambulatory ECG, while the EEG testing market is segmented into conventional EEG, video EEG, and ambulatory EEG. Key players in the market include General Electric Healthcare, Philips Healthcare, and Nihon Kohden Corporation.

The global market for ECG and EEG Testing is anticipated to represent an absolute dollar opportunity of US$ 177 million in 2017 over 2016 and incremental opportunity of nearly US$ 2,000 million between 2016 and 2024. The market is projected to grow from nearly US$ 4,000 million in 2015 to about US$ 6,000 million by 2024 end.

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One of the major drivers for the ECG and EEG testing market is the increasing prevalence of chronic diseases such as cardiovascular and neurological disorders. Additionally, the growing awareness about the importance of early diagnosis and the availability of reimbursement for these tests are also driving the market growth.

There are a number of companies operating in the ECG and EEG testing market, including GE Healthcare, Philips Healthcare, and Medtronic. These companies offer a wide range of products and services, including ECG and EEG machines, software, and accessories.

Companies

North America Top Sleep Testing centers
Sleep Service America
Carolinas HealthCare System
SleepMed
Europe Top Sleep Testing centers
Papworth Hospital
St Thomas's Hospital, London
Asia Pacific Top Sleep Testing centers
Sleep Studies Australia
Genesis SleepCare
United Family Healthcare, China
UM Specialist Centre
Rest of World Top Sleep Testing centers
Premier Diagnostic Center
German Neuroscience Center

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In conclusion, the ECG and EEG testing market is expected to experience significant growth in the coming years, driven by advances in technology, an increasing demand for non-invasive diagnostic tools, and the growing prevalence of chronic diseases. Companies operating in this market are well positioned to capitalize on these trends, as they offer a wide range of products and services to meet the needs of healthcare providers and patients

ECG and EEG testing for monitoring mental health is an upcoming trend

Sleep study and ECG and EEG testing for mental health monitoring includes measurement of electrical brain and heart activity in patients with mental disorders. These tests are performed in order to check the role of sleep apnea in early stages of mental disorders or to check the dosage regimen for treatment and to determine the best treatment options.

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Market Segmentation

By Test Type
Electrocardiogram (ECG) Testing
Electroencephalography (EEG) Testing
8-Channel
Multi-Channel

By Service Type
Sleep Testing
Obstructive Sleep Apnea
Parasomnia
Hypersomnia
Circadian Rhythm Sleeping Disorders
Narcolepsy
Mental Health Monitoring
Schizophrenia
Depression and Anxiety
Bipolar Disorder

By End User
Hospital
Sleep Clinic
Individual Home Settings
General Clinics

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