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Global EEG Electrodes Market: By Product Type: Passive Electrodes, Active Electrodes, Dry; By Application: Diagnostic Electrodes, Therapeutic Electrodes; By End Use: Hospitals, Academic and Research Institutes; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global EEG Electrodes Market Outlook
The global EEG electrodes market is anticipated to grow at a CAGR of 7.2% during the forecast period of 2023-2028.
The increased prevalence of neurological disorders, along with the growing awareness regarding its treatment, has led to the rise in the demand for EEG procedures, which is aiding the growth of the EEG electrodes market globally.
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Market Segmentation
An electroencephalogram or EEG is a procedure that uses small metal disks (electrodes) connected to your scalp to measure electrical activity in the brain. EEG is being increasingly adopted as it has a high temporal resolution in comparison to techniques like fMRI or PET.
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The global EEG electrodes market can be broadly categorised based on segments like product types, applications, end-users, and regions.
- Product Type:
- Passive Electrodes
- Active Electrodes
- Dry
- Others
- Application:
- Diagnostic Electrodes
- Therapeutic Electrodes
- Others
- End-Use:
- Hospitals
- Academic and Research Institutes
- Others
The EMR report looks into the regional EEG electrodes markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The growing incidences of neurological disorders and the rise in the demand for dry electrodes over electrolyte gels are driving the growth of the global EEG electrodes market. In wet Ag /AgCl electrodes, the repeated use of electrolyte gels can cause skin irritation. Dry electrodes help to overcome such problems by removing the need for wet gel by making direct contact with the scalp and significantly reducing setup time. The decreased setup time is especially useful for studies in hospital settings. Dry electrodes also help to reduce the time required between successive recording sessions. These favourable properties are expected to drive the growth of the dry electrodes segment. Developing conductive textile in dry contact electrodes would further increase its market for long-term applications. Thus, the growing use of dry electrodes is expected to aid the overall EEG electrodes industry over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global EEG electrodes market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Medtronic plc (NYSE: MDT)
- General Electric Company (NYSE: GE)
- NeuroWave Systems Inc.
- Ambu A/S (CPH: AMBU-B)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| 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- Product Type, Application, End-Use, Region |
| Breakup by Product Type | Passive Electrodes, Active Electrodes, Dry, Others |
| Breakup by Application | Diagnostic Electrodes, Therapeutic Electrodes, Others |
| Breakup by End-Use | Hospitals, Academic & Research Institutes, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| 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 | Medtronic plc (NYSE: MDT), General Electric Company (NYSE: GE), NeuroWave Systems Inc., Ambu A/S (CPH: AMBU-B), 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 Opportunities and Challenges in the Market
8 Global EEG Electrodes Market Analysis
8.1 Key Industry Highlights
8.2 Global EEG Electrodes Historical Market (2018-2022)
8.3 Global EEG Electrodes Market Forecast (2023-2028)
8.4 Global EEG Electrodes Market by Product Type
8.4.1 Passive Electrodes
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Active Electrodes
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Dry
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global EEG Electrodes Market by Application
8.5.1 Diagnostic Electrodes
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Therapeutic Electrodes
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global EEG Electrodes Market by End Use
8.6.1 Hospitals
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Academic and Research Institutes
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global EEG Electrodes Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America EEG Electrodes Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe EEG Electrodes Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific EEG Electrodes Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America EEG Electrodes Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa EEG Electrodes Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Medtronic plc (NYSE: MDT)
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 General Electric Company (NYSE: GE)
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 NeuroWave Systems Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Ambu A/S (CPH: AMBU-B)
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global EEG Electrodes Market: Key Industry Highlights, 2018 and 2028
2. Global EEG Electrodes Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global EEG Electrodes Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global EEG Electrodes Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global EEG Electrodes Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global EEG Electrodes Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global EEG Electrodes Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global EEG Electrodes Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global EEG Electrodes Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America EEG Electrodes Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America EEG Electrodes Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe EEG Electrodes Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe EEG Electrodes Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific EEG Electrodes Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific EEG Electrodes Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America EEG Electrodes Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America EEG Electrodes Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa EEG Electrodes Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa EEG Electrodes Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global EEG Electrodes Market Structure
Key Questions Answered in the Report
The global EEG electrodes market is projected to grow at a CAGR of 7.2% between 2021 and 2026.
The major drivers of the industry, such as the increasing population, increasing prevalence of neurological disorders, favourable government initiatives, growing demand for improved healthcare facilities, and growing technological advancements, are expected to aid the market growth.
The growing research and development activities in the field of biotechnology is the key market trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Passive, active, and dry electrodes, among others, are the major product types of EEG electrodes in the industry.
The significant applications of the product include diagnostic and therapeutic electrodes, among others.
Hospitals and academic and research institutes, among others, are the major end-user segments of the product.
The major players in the industry are Medtronic plc (NYSE: MDT), General Electric Company (NYSE: GE), NeuroWave Systems Inc., and Ambu A/S (CPH: AMBU-B), among others.
Analyst Review
The global EEG electrodes market is being driven by the rising incidence of neurological disorders, developing healthcare infrastructures, and rapid advancement in technology. Aided by the growing R&D activities, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the EEG electrodes industry can be segmented into passive, active, and dry electrodes, among others. On the basis of application, the industry is divided into diagnostic, and therapeutic electrodes, among others. By end-use, the industry is categorised into hospitals and academic and research institutes, among others. The major regional markets for EEG electrodes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Medtronic plc (NYSE: MDT), General Electric Company (NYSE: GE), NeuroWave Systems Inc., and Ambu A/S (CPH: AMBU-B), 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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