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Portable Seizure Monitoring Devices Market Current Scenario with Future Aspect Analysis
According to the latest research by InsightAce Analytic, the Global Portable Seizure Monitoring Devices Market Size is predicted to witness a 4.5% CAGR during the forecast period for 2024-2031.
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Seizure detection devices play a crucial role in the effective management of epilepsy by providing essential support to patients, their families, and caregivers. These technologies are engineered to identify seizure activity and issue alerts, facilitating prompt medical response.
As reported by the World Health Organization, epilepsy is one of the leading causes of neurological-related mortality worldwide. The growing incidence of seizure-related conditions, combined with the expanding use of continuous health monitoring systems, mobile health solutions, and wearable technologies, is contributing significantly to the market's upward trajectory.
Prominent key market players are:
• Epi USA
• Empatica Inc.
• Medpage Ltd
• Hipass Design LLC
• American Medical ID
• Sleep-Safe
• Inspyre
• Neurava
• Bioserenity
• MC10
• Brain Sentinel
• SeizAlarm
• Smart Monitor
• Other Prominent Players
Regional Analysis:
Despite the promising growth of the market, high costs associated with seizure monitoring devices and the limitations of current software in accurately detecting symptoms may hinder overall market expansion. Additional barriers include challenges related to power consumption, hardware constraints, data management, and cybersecurity across various available devices. While advancements in mobile device applications are addressing many of these concerns, significant obstacles persist, particularly concerning the long-term usability and reliability of these systems.
North America is anticipated to dominate the global portable seizure monitoring devices market during the forecast period of 2023-2031. This regional growth is largely attributed to the strong presence of key industry players and their continuous investment in research, development, and innovation within the sector.
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Key Developments in the Market
• In Feb 2019, Eisai Inc. and Empatica Inc. entered into an agreement in the U.S. for the Embrace2 smartband device, wrist-worn wearable regarding epilepsy for detecting patterns that may be connected with convulsive seizures available for use as a medical device for adults and children.
• In Nov 2017, MC10, Inc. announced a strategic alliance with LabCorp, a global life sciences company. As part of the collaboration, LabCorp also made an equity investment into MC10. The companies' collaboration will support the adoption of MC10's proprietary technology for use by LabCorp's Covance Drug Development business in trials and research studies, with the potential to be adapted over time for use in patient testing and monitoring.
• In Feb 2021, WeHealthTM Digital Medicine and BioSerenity Initiate a New Phase to Accelerate CardioskinTM Commercialization. This agreement will accelerate the deployment of CardioskinTM in selected countries of Europe, Asia, and North America.
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Portable Seizure Monitoring Devices Market Segmentation:
Global Portable Seizure Monitoring Devices Market, by type of connectivity, 2024-2031 (Value US$ Mn)
• Type of Connectivity Outlook
• Android Devices
• iOS Devices
Global Portable Seizure Monitoring Devices Market, by product type, 2024-2031 (Value US$ Mn)
• Product Type Outlook
• Bed Monitors
• Video Monitors
• Wearable Watches & Bracelets
• Mattress Devices
• Anti-Suffocation Pillows
• Others
Global Portable Seizure Monitoring Devices Market by End-User, 2024-2031 (Value US$ Mn)
• Hospitals
• Ambulatory Surgery Centers & Clinics
• Neurology Centers
• Diagnostic Centers
• Home Care Settings
Global Portable Seizure Monitoring Devices Market, by Region, 2024-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Portable Seizure Monitoring Devices Market, by Country, 2024-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Portable Seizure Monitoring Devices Market, by Country, 2024-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Portable Seizure Monitoring Devices Market, by Country, 2024-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Portable Seizure Monitoring Devices Market, by Country, 2024-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Portable Seizure Monitoring Devices Market, by Country, 2024-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.
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