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Global EEG and EMG Equipment Market: By Segment: Electroencephalography, Electromyography; By Primary Components: Electrodes, Amplifiers, Photic Flash, Others; By Modality; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global EEG and EMG Equipment Market Outlook
The global EEG and EMG equipment market is expected to grow at a CAGR of 7% in the forecast period of 2023-2028.
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Increasing Demand for Electroencephalography Machines to Augment the EEG and EMG Equipment Industry Growth
Based on segment, electroencephalography accounts for a significant share in the EEG and EMG equipment industry. The easy availability of portable EEG devices is encouraging the market growth. In addition, several research institutes are using EEG equipment to monitor central nervous system (CNS) symptoms such as headache and confusion in patients diagnosed with coronavirus (COVID-19), which is expected to accelerate the market growth. Hence, all these factors are expected to be the key drivers for the growth of the EEG and EMG equipment industry over the forecast period.
North America to Provide Enhanced Growth Opportunities to the EEG and EMG Equipment Industry
Region-wise, North America is expected to witness a robust growth over the forecast period, as the region will continue to offer significant growth opportunities to the market vendors. Factors such as technological advancements, new product launches, increasing awareness regarding sensory conditions, and increased funding for the development of high-quality and advanced medical devices contribute to the growth of the EEG and EMG equipment industry in the region. Moreover, significant growth is expected to come from North America during the forecast period. Furthermore, the United States is an important market for EEG and EMG devices in North America.
EEG and EMG Equipment: Market Segmentation
Electroencephalogram (EEG) equipment is widely used to monitor brain’s electrical activity. It is used in the diagnosis of several conditions, such as fainting, epilepsy, head injuries, dizziness, headaches, brain tumours, and sleep disturbances. On the other hand, electromyography (EMG) equipment helps to monitor the electrical activity of skeletal muscles. Nowadays, an EMG is performed in conjunction with a nerve conduction velocity (NCV) test to detect the presence, location, and severity of nerve and muscle damage.
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By segment, the market is divided into:
- Electroencephalography
- Routine EEG
- Sleep EEG
- Ambulatory EEG
- Video Telemetry
- Electromyography
- Needle EMG
- Nerve Conduction Studies
- Evoked Potentials
Based on primary components, the industry can be segmented into:
- Electrodes
- Amplifiers
- Photic Flash
- Computer and Software
- Others
The market is divided based on modality into:
- Standalone
- Portable
On the basis of end use, the industry can be categorised into:
- Hospitals and Clinics
- Diagnostic Centres
- Homecare Settings
- Research Institutes
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Technological Advancements to Bolster the Growth of the EEG and EMG Equipment Industry
The invention of advanced healthcare devices with updated features, such as high precision, ease of use, and monitoring capabilities with minimal user intervention is driving the global market for EEG and EMG equipment. Moreover, the growing demand for hybrid BCI imaging technique has also driven the market growth significantly. This is a method in which two or more modalities are grouped together in brain imaging and prosthesis control. This method offers many advantages as compared to single modality. Therefore, owing to all these factors, the global market for EEG and EMG equipment is expected to grow at a healthy rate.
Over the forecast period, the rising geriatric population is expected to further propel the growth of the EEG and EMG equipment industry.
Key Industry Players in the Global EEG and EMG Equipment Market
The report gives a detailed analysis of the following key players in the global EEG and EMG equipment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Allengers Medical Systems Limited
- Nihon Kohden Corporation
- Cadwell Industries Inc.
- Electrical Geodesics Inc.
- Masimo Corporation
- Natus Medical Incorporated
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Primary Components, Modality, End Use, Region |
| Breakup by Segment | Electroencephalography, Electromyography |
| Breakup by Primary Components | Electrodes, Amplifiers, Photic Flash, Computer and Software, Others |
| Breakup by Modality | Standalone, Portable |
| Breakup by End Use | Hospitals and Clinics, Diagnostic Centres, Homecare Settings, Research Institutes, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Allengers Medical Systems Limited, Nihon Kohden Corporation, Cadwell Industries Inc., Electrical Geodesics Inc., Masimo Corporation, Natus Medical Incorporated, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global EEG and EMG Equipment Market Analysis
8.1 Key Industry Highlights
8.2 Global EEG and EMG Equipment Historical Market (2018-2022)
8.3 Global EEG and EMG Equipment Market Forecast (2023-2028)
8.4 Global EEG and EMG Equipment Market by Segment
8.4.1 Electroencephalography
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Routine EEG
8.4.1.4.2 Sleep EEG
8.4.1.4.3 Ambulatory EEG
8.4.1.4.4 Video Telemetry
8.4.2 Electromyography
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.2.4 Market by Type
8.4.2.4.1 Needle EMG
8.4.2.4.2 Nerve Conduction Studies
8.4.2.4.3 Evoked Potentials
8.5 Global EEG and EMG Equipment Market by Primary Components
8.5.1 Electrodes
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Amplifiers
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Photic Flash
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Computer and Software
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global EEG and EMG Equipment Market by Modality
8.6.1 Standalone
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Portable
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global EEG and EMG Equipment Market by End Use
8.7.1 Hospitals and Clinics
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Diagnostic Centres
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Homecare Settings
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Research Institutes
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global EEG and EMG Equipment Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Allengers Medical Systems Limited
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nihon Kohden Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Cadwell Industries Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Electrical Geodesics Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Masimo Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Natus Medical Incorporated
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global EEG and EMG Equipment Market: Key Industry Highlights, 2018 and 2028
2. Global EEG and EMG Equipment Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global EEG and EMG Equipment Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global EEG and EMG Equipment Historical Market: Breakup by Primary Components (USD Billion), 2018-2022
5. Global EEG and EMG Equipment Market Forecast: Breakup by Primary Components (USD Billion), 2023-2028
6. Global EEG and EMG Equipment Historical Market: Breakup by Modality (USD Billion), 2018-2022
7. Global EEG and EMG Equipment Market Forecast: Breakup by Modality (USD Billion), 2023-2028
8. Global EEG and EMG Equipment Historical Market: Breakup by End Use (USD Billion), 2018-2022
9. Global EEG and EMG Equipment Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10. Global EEG and EMG Equipment Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global EEG and EMG Equipment Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America EEG and EMG Equipment Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America EEG and EMG Equipment Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe EEG and EMG Equipment Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe EEG and EMG Equipment Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific EEG and EMG Equipment Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific EEG and EMG Equipment Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America EEG and EMG Equipment Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America EEG and EMG Equipment Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa EEG and EMG Equipment Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa EEG and EMG Equipment Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global EEG and EMG Equipment Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 7% between 2023 and 2028.
The major drivers of the market include the rising geriatric population, technological advancements, new product launches, increasing awareness regarding sensory conditions, increased funding for the development of high-quality and advanced medical devices, and easy availability of portable EEG devices.
The invention of advanced healthcare devices with updated features and the growing demand for hybrid BCI imaging techniques are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
By segment, the market is divided into electroencephalography and electromyography. Electroencephalography is sub-divided into routine EEG, sleep EEG, ambulatory EEG, and video telemetry whereas electromyography is segmented into needle EMG, nerve conduction studies, and evoked potentials.
Based on primary components, the industry can be segmented into electrodes, amplifiers, photic flash, computer and software, among others.
The market is divided based on modality into standalone and portable.
On the basis of end-use, the industry can be categorised into hospitals and clinics, diagnostic centres, homecare settings, and research institutes, among others.
The major players in the industry are Allengers Medical Systems Limited, Nihon Kohden Corporation, Cadwell Industries Inc., Electrical Geodesics Inc., Masimo Corporation, and Natus Medical Incorporated, among others.
Analyst Review
The global EEG and EMG equipment market was driven by the invention of advanced healthcare devices with updated features in the historical period. Aided by the rising geriatric population and growing demand for hybrid BCI imaging techniques, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 7%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By segment, the market is divided into electroencephalography and electromyography. Electroencephalography is sub-divided into routine EEG, sleep EEG, ambulatory EEG, and video telemetry whereas electromyography is segmented into needle EMG, nerve conduction studies, and evoked potentials. Based on primary components, the industry can be segmented into electrodes, amplifiers, photic flash, computer and software, among others. The market is divided based on modality into standalone and portable. On the basis of end-use, the industry can be categorised into hospitals and clinics, diagnostic centres, homecare settings, and research institutes, among others. The major regional markets for EEG and EMG equipment are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Allengers Medical Systems Limited, Nihon Kohden Corporation, Cadwell Industries Inc., Electrical Geodesics Inc., Masimo Corporation, and Natus Medical Incorporated, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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