Epilepsy Devices Market Expected to Reach $1,112.47 million by 2031

Epilepsy Devices Market Size was valued at $675.23 million in 2021, and is projected to reach $1,112.47 million by 2031, growing at a CAGR of 5.1% from 2022 to 2031. Epilepsy devices are electronic devices used for seizure detection and seizure monitoring in the condition of epilepsy. There are three technologies approved by food and drug administration (FDA), for reducing the frequency of seizures include deep brain stimulation (DBS), vagus nerve stimulation (VNS), and responsive neurostimulation (RNS). There are different types of epilepsy devices used in epilepsy monitoring: conventional and wearable devices, video detection systems, and EEG.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
LivaNova PLC, Natus Medical Incorporated, Medpage Ltd, Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, Empatica, Inc, Masimo Corporation, Compumedics Limited, Cadwell Industries

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/15190

On the basis of product, the market is classified into conventional and wearable devices, EEG, electrocardiography (ECG) (ECG), surface electromyography (sEMG), video detection systems, and others. The conventional and wearable devices segment was the highest revenue contributor to the market in 2021, and is the fastest-growing segment during the forecast period, owing to the rise in the prevalence of epilepsy and the increase in the adoption of conventional and wearable devices in developed and developing countries such as U.S., Germany, and Japan.

On the basis of technology, the market is classified into deep brain stimulation, vagus nerve stimulation, responsive neurostimulation, and accelerometry. The deep brain stimulation segment dominated the market in 2021, and is the fastest-growing segment during the forecast period, owing to an increase in awareness regarding the advantages of epilepsy devices and a rise in the number of neurological surgeries for epilepsy.

On the basis of end users, the market is classified into hospitals, clinics, and others. The hospital's segment has largest Epilepsy Devices Market Share in 2021, owing to the availability of trained medical staff that helps provide better services to patients, an increase in patient admission in hospitals, and an increase in the number of hospitals. However, other segment is the fastest growing segment during the forecast period, increase in the geriatric population that is more prone to neuromuscular disease and a rise in healthcare expenditure also boosts the growth of the others segment in the epilepsy devices market.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/15190

North America has the highest market share in 2021, and is expected to maintain its lead during the forecast period, owing to higher adoption of advanced epilepsy devices, rise in the geriatric population, availability of well-developed healthcare infrastructure, and increase in the prevalence of epilepsy in the region. However, Asia-Pacific is expected to exhibit the fastest growth during the forecast period, owing to improved health awareness, development in healthcare facilities, adoption of epilepsy devices, and a surge in healthcare expenditure.

Contact:

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

About Us

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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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.