Press release
Global Electroencephalography (EEG) And Electromyography (EMG) Equipment Market to Reach $1.73 Billion by 2029, Growing at 7.6% CAGR
Electroencephalography (EEG) And Electromyography (EMG) Equipment
The growing incidence of neurological disorders is expected to propel the EEG and EMG equipment markets. These disorders, affecting the brain, spinal cord, and nerves, are becoming more common due to aging populations, sedentary lifestyles, and environmental factors. EEG and EMG equipment are essential for diagnosing and monitoring conditions such as Alzheimer's, Parkinson's, strokes, and multiple sclerosis by measuring brain and muscle activity. For example, in April 2024, the Alzheimer's Association reported that the number of Americans aged 65+ diagnosed with Alzheimer's dementia would increase from 6.5 million in 2022 to 6.9 million in 2024. This rise in neurological disorders will contribute to the growth of the EEG and EMG equipment markets.
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What is the projected compound annual growth rate (CAGR) of the electroencephalography (eeg) and electromyography (emg) equipment market from 2025 to 2034, and what factors influence it?
The electroencephalography (EEG) and electromyography (EMG) equipment market size has grown steadily in recent years. It will increase from $1.2 billion in 2024 to $1.29 billion in 2025, at a CAGR of 7.8%. This growth is due to the rising prevalence of neurological disorders, an aging population, improved awareness, and increased healthcare expenditure.
The electroencephalography (EEG) and electromyography (EMG) equipment market is forecast to grow to $1.73 billion by 2029 at a CAGR of 7.6%. This growth is fueled by regulatory developments, emerging market expansion, home healthcare, patient-centric care, and increased healthcare spending. Trends include innovations in EEG/EMG technology, personalized medicine, remote monitoring, and AI integration.
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How are the latest trends influencing the growth of the electroencephalography (eeg) and electromyography (emg) equipment market?
Companies in the EEG-EMG equipment market are focusing on remote patient monitoring systems, such as wireless remote monitoring, to improve patient care by enabling real-time health data collection. For example, in April 2023, Cadwell Industries, a US neurodiagnostic company, introduced Arc Voyager, a wireless monitoring system for at-home EEGs. This system allows real-time access to EEG data and video, equipped with automatic data backfill, HD camera, microphone, and a rugged tablet for seamless patient monitoring.
What are the major segments of the electroencephalography (eeg) and electromyography (emg) equipment market and their role in driving growth?
The electroencephalography (EEG) and electromyography (EMG) equipment market covered in this report is segmented -
1) By Type: Electroencephalography, Electromyography
2) By Modality: Standalone, Portable
3) By End-user: Hospitals, Ambulatory Surgical Centers, Research Institutes, Diagnostic Centers, Homecare Settings
Subsegments:
1) By Electroencephalography (EEG): Traditional EEG Systems, Portable Or Compact EEG Systems, Wireless EEG Systems, Sleep EEG Systems, Video EEG Systems
2) By Electromyography (EMG): Needle EMG Systems, Surface EMG Systems, High-Density EMG Systems, Intramuscular EMG Systems
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Which regions are key players in the growth of the electroencephalography (eeg) and electromyography (emg) equipment market?
North America was the largest region in the electroencephalography (EEG) and electromyography (EMG) equipment market in 2023. The regions covered in the electroencephalography (EEG) and electromyography (EMG) equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the electroencephalography (eeg) and electromyography (emg) equipment market?
Major companies operating in the electroencephalography (EEG) and electromyography (EMG) equipment market are General Electric Company, Medtronic plc, Koninklijke Philips N.V., Masimo Corporation, Nihon Kohden Corporation, Natus Medical Incorporated, Zynex Inc., Neurosoft, Cadwell Industries Inc., Compumedics Limited, Brain Products GmbH, Allengers Medical Systems Limited, Rhythmlink International LLC, ANT Neuro, Electrical Geodesics Inc., Micromed, BrainScope Company Inc., g.tec medical engineering GmbH, Advanced Brain Monitoring Inc., Deymed Diagnostic s.r.o., Dr. Langer Medical GmbH, Mind Media B.V., NORAXON USA Inc., Rogue Resolutions Ltd, Wearable Sensing
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What Is Covered In The Electroencephalography (EEG) And Electromyography (EMG) Equipment Global Market Report?
•Market Size Forecast: Examine the electroencephalography (eeg) and electromyography (emg) equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electroencephalography (eeg) and electromyography (emg) equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the electroencephalography (eeg) and electromyography (emg) equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electroencephalography (eeg) and electromyography (emg) equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electroencephalography (eeg) and electromyography (emg) equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electroencephalography (eeg) and electromyography (emg) equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the electroencephalography (eeg) and electromyography (emg) equipment market.
•Competitive Landscape: Review strategic developments in the electroencephalography (eeg) and electromyography (emg) equipment market, including expansions, agreements, and new product launches.
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