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Electroencephalography Devices Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Electroencephalography Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Electroencephalography Devices Market?
The electroencephalography devices market has seen consistent growth. It is projected to increase from $1.2 billion in 2024 to $1.31 billion in 2025, at a CAGR of 9.1%. This has been supported by technological advances, portable EEG devices, developments in neurofeedback, and growth in consumer-grade applications.
The electroencephalography devices market size is projected to grow steadily in the coming years. It is expected to reach $1.83 billion by 2029, with a compound annual growth rate (CAGR) of 8.7%. This growth will be fueled by research efforts, growing clinical adoption, aging populations, increased health expenditure, and the consumer wearable segment. Notable trends include AI-powered brain monitoring, VR/AR integration, long-term data tracking, and multi-modal diagnostic systems.
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What Are the Different Electroencephalography Devices Market Segments?
The electroencephalography devices market covered in this report is segmented -
1) By Type: Portable, Standalone, Wearable
2) By Product: 8-Channel Electroencephalography, 21-Channel Electroencephalography, 25-Channel Electroencephalography, 32-Channel Electroencephalography, 40-Channel Electroencephalography, Multi-Channel Electroencephalography
3) By Distribution Channel: Direct Tender, Retail Sales
4) By Application: Trauma And Surgery, Disease Diagnosis, Anesthesia Monitoring, Sleep Monitoring, Other Applications
5) By End-Use: Hospitals, Diagnostics Centers, Other End Users
Subsegments:
1) By Portable: Handheld EEG Devices For Home Or Point-Of-Care Use, Wireless Portable EEG Systems, Lightweight, Compact EEG Devices For Mobile Applications
2) By Standalone: Traditional EEG Systems Used In Hospitals Or Clinics, Desktop Or Wall-Mounted EEG Devices, High-Performance EEG Systems With Advanced Features For Diagnostics
3) By Wearable: EEG Headbands Or Caps For Continuous Monitoring, Smart EEG Devices Integrated With Wearable Technology (E.G., Smartwatches, Headsets), Non-Invasive EEG Devices For Real-Time Brain Activity Monitoring
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What Are the Primary Drivers Shaping the Electroencephalography Devices Market?
The increasing prevalence of neurological disorders is expected to stimulate growth in the electroencephalography (EEG) device market. EEG devices are used to diagnose and monitor neurological disorders by recording the electrical activity of the brain. As the number of people suffering from conditions like epilepsy and sleep disorders rises, EEG devices will play a crucial role in diagnosis and treatment. With over 40% of the global population affected by neurological conditions, and the numbers expected to double by 2050, the EEG device market is projected to grow substantially.
Which Companies Are Leading in the Electroencephalography Devices Market?
Major companies operating in the electroencephalography devices market are General Electric Company, Philips Healthcare, Nihon Kohden Corporation, Natus Medical Incorporated, Cadwell Industries Inc, NeuroPace Inc., EB Neuro S.p.A., Brain Products GmbH, Lifelines Neuro Company LLC, ANT Neuro BV, BioSemi B.V, Micromed Group, Electrical Geodesics Inc., Thought Technology Ltd, NeuroSky Inc., Compumedics Limited, Neuroelectrics Corp, Advanced Brain Monitoring, Neurosoft Ltd, Artinis Medical Systems, Mitsar Co. Ltd, Wearable Sensing LLC, Emotiv Inc.
What Are the Latest Developing Trends in the Electroencephalography Devices Market?
Large firms in the market for electroencephalography (EEG) devices prioritize the creation of innovative products such as wearable EEG devices. These devices are designed to improve convenience, user-friendliness and portability within both clinical and research contexts. A wearable EEG device is a portable, non-invasive system that monitors and records the brain's electrical activity via electrodes positioned on the scalp. In May 2024, for example, Soterix Medical Inc., a company based in the US that specializes in non-invasive neuromodulation and brain stimulation technologies, launched the MxN-GO EEG system. The system is designed to facilitate research applications that require activity recording in both natural and mobile environments, as well as electrical brain stimulation. The MxN-GO EEG device is easy to set up, thanks to its lightweight, wire-free design, and enhances user comfort. With its 32 recording channels and 33 stimulation channels, it offers precision and functionality specific to each application.
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What Are the Top Revenue-Generating Geographies in the Electroencephalography Devices Market?
North America was the largest region in the electroencephalography devices market in 2024. The regions covered in the electroencephalography devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electroencephalography Devices Market?
2. What is the CAGR expected in the Electroencephalography Devices Market?
3. What Are the Key Innovations Transforming the Electroencephalography Devices Industry?
4. Which Region Is Leading the Electroencephalography Devices Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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