Press release
EEG Equipment Market Significant Growth Analysis 2023-2029 by Key Players | Nihon Kohden , Natus Medical , Medtronic (Covidien) , Compumedics
****Everything You Need to Know About EEG Equipment everything is Here....!The Comprehensive study on EEG Equipment Market includes historical data as well as share, size, and projection information for the major players, geographies, applications, and product categories for the years 2023 to 2029. The Market study includes comprehensive insights on the competitive environment, description, broad product portfolio of key players, SWOT analysis, and significant business strategy implemented by rivals, revenue, Porters Five Forces Analysis, and sales projections. The report also features an impact analysis of the market dynamics, highlighting the factors currently driving and limiting market growth, and the impact they could have on the short, medium, and long-term outlook. The main goal of the paper is to further illustrate how the latest scenario, the economic slowdown, and war events effect the market for EEG Equipment.
EEG Equipment Market is growing at a +7.6% CAGR during the forecast period 2023-2029. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.
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The Top Key Players profiled in the report:
Nihon Kohden, Natus Medical, Medtronic (Covidien), Compumedics, Micromed, EGI, Cadwell, NCC Medical, SYMTOP, NEUROWERK
Cadwell Launches Arc Voyager For Remote Wireless In-Home EEG Monitoring With Video
KENNEWICK, Wash., April 4, 2023 - Cadwell Industries, Inc., a global leader in neurodiagnostic and neuromonitoring solutions, today announces the US launch of Arc Voyager™, a remote monitoring solution for wireless In-Home EEG. Physicians and technologists can now remotely access real-time patient data from patients running in-home ambulatory tests with Cadwell's Arc Apollo+ EEG wirelessly, via the Arc Voyager. Arc Apollo+ features EEG data capture with automatic data backfill, designed to enable comprehensive real-time review with a complete data set for daily reporting.
Nihon Kohden received the Red Dot Design Award:Product Design 2018 at AE-120A EEG Headset (CerebAir)
Manufacturers and designers from 59 countries entered more than 6,300 current product innovations in the Red Dot Product Design Award 2018. Only products that convinced the 40 experts from all over the world with their high design quality received awards in the annual competition. Nihon Kohden is proud to announce that the AE-120A EEG Headset (CerebAir) - a telemetry EEG amplifier designed at its Advanced Technology Center in Tokorozawa, Japan - received the Red Dot Product Design Award in the category "Life sciences and medicine".Â
EEG Equipment Market Segmentation:
The major types of market are:
Conventional EEG
Video EEG
Dynamic EEG
The increasing prevalence of neurological disorders is one of the key factors driving the growth of the global electroencephalography (EEG) devices market. The prevalence of neurological disorders is significantly increasing in both developed and developing countries. In 2019, the OECD reported that severe psychotic disorders, such as bipolar disorders, affected almost 5 million people (1.0% of the population), while schizophrenic disorders affected an estimated 1.5 million people (0.3%) in Europe. Stroke is the fifth leading cause of death in the US and a leading cause of serious disability for adults. Every year, approximately 795,000 people in the US have a stroke. In 2013, about five million people had Alzheimer's disease, and the number is expected to rise to 14 million by 2050. The older population is also growing rapidly due to the rise in average life expectancy. According to the NIH, in 2015, approximately 8.5% of the global population, or 617 million people were aged 65 and above. Many older people are at risk of developing mental disorders and neurological disorders. EEG devices are required for diagnosing and monitoring these diseases. However, the increasing demand for EEG devices propels the market growth.
The major applications in the market are:
Hospitals
Diagnostic Centers
Based on geography, the global market for EEG Equipment and Disruptions has been segmented as follows:
North America - USA, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain
South America - Brazil, Colombia, Argentina, Chile
Asia Pacific includes Japan, China, Korea, India and Southeast Asia.
North America led the EEG devices market (market share of ~39%) in 2022 followed by Europe and Asia Pacific. The rising prevalence of various sleep and neurodegenerative disorders and accessibility to insurance are the major factors contributing to regional growth. Moreover, the presence of a highly developed healthcare infrastructure and strong distribution and sales network of leading vendors in this region are anticipated to drive growth. Favorable reimbursement policies in the U.S. have surged the usage of these systems for the diagnosis of neurological disorders. Presence of government organizations such as the National Institute of Neurological Disorders and Stroke (NINDS) that provide funding for R&D activities applicable to the treatment of brain nervous disorders contributed to the dominance of the regional market.Â
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the EEG Equipment
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the EEG Equipment market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification:Â Exhaustive information about new products, untapped geographies, recent developments, and investments in the EEG Equipment
Take a look at the full report with detailed TOC here:
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Strategic Points Covered in EEG Equipment Market Directory:
To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2025.
To understand the structure of market by identifying its various sub segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the growth trends, future prospects, and their contribution to the total market.
To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
EEG Equipment Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
EEG Equipment Market Analysis by Application
Cost Analysis -Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
EEG Equipment Market Forecast
Some of the key questions scrutinized in the study are:
Which companies are expanding litanies of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the EEG Equipment market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of EEG Equipment Market.
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of EEG Equipment Market along with business profiles of several stakeholders.
It offers massive data about trending factors that will influence the progress of the EEG Equipment Market.
In the end, the EEG Equipment Market report includes investment come analysis and development trend analysis. The present and future opportunities of the fastest growing international industry segments are coated throughout this report. This report additionally presents product specification, manufacturing method, and product cost structure, and price structure.
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We offer customization on the EEG Equipment market report based on specific client requirements:
20% free customization.
Five Countries can be added as per your choice.
Five Companies can add as per your choice.
Free customization for up to 40 hours.
After-sales support for 1 year from the date of delivery.
Thank you for your interest in the EEG Equipment Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia……
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