Reports

Electroencephalography Systems/Devices Market

Global Electroencephalography Systems/Devices Market: By Product: 8-channel EEG, 21-channel EEG, 25 channel EEG, 32-channel EEG, 40-channel EEG, Multichannel EEG; By Portability; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Electroencephalography Systems/Devices Market Outlook

The global electroencephalography systems/devices market reached a value of around USD 921.5 million in 2020 and is expected to grow at a CAGR of 9.4% over the forecast period of 2023-2028.

 

The main factor contributing to the growth of the electroencephalography systems/devices industry is the increased implementation of these machines in the health care sector due to the growing instances of neurological disorders globally.

 

Global Electroencephalography Systems/Devices Market

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Market Segmentation

Electroencephalography is a procedure used in clinical neurophysiology as it records and measures human brain-generated electrical activity. Other issues connected with inappropriate brain or central nervous system functioning that can be diagnosed with electroencephalography devices include coma, confusion, stroke, and tumours, among others. Electroencephalography (EEG) are used to diagnose issues like epilepsy and seizures.

The electroencephalography systems/devices industry can be divided based on segments like product, end-use, and portability.

The industry can be divided on the basis of its product as 8-channel EEG, 21-channel EEG, 25 channel EEG, 32-channel EEG, 40-channel EEG, and multichannel EEG.

 

Global Electroencephalography Systems/Devices Market

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The industry can be broadly categorised based on its end-use into:

  • Hospitals
  • Diagnostic Centres
  • Others

The industry can be divided based on its portability as standalone devices and portable devices.

The EMR report looks into the regional electroencephalography systems/devices markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

Rising incidence and increasing awareness of neurological disorders are significant factors contributing to the growth of the industry. High incidences of Alzheimer’s, epilepsy, dementia, multiple sclerosis, Parkinson’s illness, and stroke have resulted in the increased demand for electroencephalography (EEG) devices. Also, technological progress in 32-channel EEG products and their high adoption by healthcare professionals is further aiding the electroencephalography systems/devices market. While the standalone devices segment is the most frequently used EEG form, the portable EEG devices market are anticipated to witness a rapid growth in the coming future due to the ease of accessibility and high patient convenience provided through this modality during the operation. The market growth of electroencephalography (EEG) might be hindered by side-effects of the procedure like seizures.

 

Global Electroencephalography Systems/Devices Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global electroencephalography systems/devices market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Compumedics Ltd.   
  • Natus Medical, Inc.  
  • Electrical Geodesics, Inc. 
  • NeuroWave Systems, Inc.  
  • Cadwell Laboratories, Inc.
  • Nihon Kohden America, Inc.
  • Medtronic plc
  • 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, Portability, End Use, Region
Breakup by Product 8-channel EEG, 21-channel EEG, 25 channel EEG, 32-channel EEG, 40-channel EEG, Multichannel EEG
Breakup by Portability  Standalone Devices, Portable Devices
Breakup by End Use Hospitals, Diagnostic Centers, 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 Compumedics Ltd., Natus Medical, Inc., Electrical Geodesics, Inc., Medtronic, NeuroWave Systems, Inc., Noraxon U.S.A., Inc., Cadwell Laboratories, Inc., Nihon Kohden Corporation, 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 Electroencephalography Systems/Devices Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Electroencephalography Systems/Devices Historical Market (2018-2022) 
    8.3    Global Electroencephalography Systems/Devices Market Forecast (2023-2028)
    8.4    Global Electroencephalography Systems/Devices Market by Product
        8.4.1    8-channel EEG
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    21-channel EEG
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    25 channel EEG
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    32-channel EEG
            8.4.4.1    Historical Trend (2018-2022)
            8.4.4.2    Forecast Trend (2023-2028)
        8.4.5    40-channel EEG
            8.4.5.1    Historical Trend (2018-2022)
            8.4.5.2    Forecast Trend (2023-2028)
        8.4.6    Multichannel EEG
            8.4.6.1    Historical Trend (2018-2022)
            8.4.6.2    Forecast Trend (2023-2028)
    8.5    Global Electroencephalography Systems/Devices Market by Portability
        8.5.1    Standalone Devices
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Portable Devices
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
    8.6    Global Electroencephalography Systems/Devices 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    Diagnostic Centres
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
    8.7    Global Electroencephalography Systems/Devices 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)
        8.7.8    Middle East and Africa
            8.7.8.1    Historical Trend (2018-2022) 
            8.7.8.2    Forecast Trend (2023-2028) 
9    North America Electroencephalography Systems/Devices 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 Electroencephalography Systems/Devices 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 Electroencephalography Systems/Devices 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
        11.5.2    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Electroencephalography Systems/Devices 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 Electroencephalography  Systems/Devices 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    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Compumedics Ltd.     
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Natus Medical, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Electrical Geodesics, Inc.  
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    NeuroWave Systems, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Cadwell Laboratories, Inc.  
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Nihon Kohden Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Medtronic plc
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Electroencephalography Systems/Devices Market: Key Industry Highlights, 2018 and 2028
2.    Global Electroencephalography Systems/Devices Historical Market: Breakup by Product (USD Million), 2018-2022
3.    Global Electroencephalography Systems/Devices Market Forecast: Breakup by Product (USD Million), 2023-2028
4.    Global Electroencephalography Systems/Devices Historical Market: Breakup by Portability (USD Million), 2018-2022
5.    Global Electroencephalography Systems/Devices Market Forecast: Breakup by Portability (USD Million), 2023-2028
6.    Global Electroencephalography Systems/Devices Historical Market: Breakup by End Use (USD Million), 2018-2022
7.    Global Electroencephalography Systems/Devices Market Forecast: Breakup by End Use (USD Million), 2023-2028
8.    Global Electroencephalography Systems/Devices Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Electroencephalography Systems/Devices Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Electroencephalography Systems/Devices Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Electroencephalography Systems/Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Electroencephalography Systems/Devices Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Electroencephalography Systems/Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Electroencephalography Systems/Devices Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Electroencephalography Systems/Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Electroencephalography Systems/Devices Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Electroencephalography Systems/Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Electroencephalography Systems/Devices Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Electroencephalography Systems/Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Electroencephalography Systems/Devices Market Structure

Key Questions Answered in the Report

What was the global electroencephalography systems/devices market size in 2020?

In 2020, the global electroencephalography systems/devices market attained a value of nearly USD 921.5 million.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 9.4% between 2021 and 2026.

What are the major market drivers?

The major drivers of the industry include rising incidence and increasing awareness of neurological disorders, technological progress, and high adoption by healthcare professionals.

What are the key industry trends of the market?

The increased implementation of these machines in the health care sector is expected to be a key trend guiding the growth of the industry.

What are the different product types of electroencephalography systems/devices?

The product types of electroencephalography systems/devices available are 8-channel EEG, 21-channel EEG, 25 channel EEG, 32-channel EEG, 40-channel EEG, and multichannel EEG.

What are the different segmentations, according to portability, of Electroencephalography Systems/Devices?

Electroencephalography systems/devices can be segmented by portability as standalone devices and portable devices.

What are the end-use sectors for the industry?

Electroencephalography systems/devices can have different end-uses in sectors like hospitals and diagnostic centres, amongst others.

What are the major regions in the market?

The regional markets for thermocouples include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Who are the key industry players in this market?

The leading players in this market are Compumedics Ltd., Natus Medical, Inc., Electrical Geodesics, Inc., Medtronic, NeuroWave Systems, Inc., Noraxon U.S.A., Inc., Cadwell Laboratories, Inc., Nihon Kohden Corporation, Others.

Analyst Review

The global electroencephalography systems/devices market attained a value of USD 921.5 million in 2020, driven by the include rising incidence and increasing awareness of neurological disorders, technological progress, and high adoption by healthcare professionals. Aided by the increased implementation of these machines in the health care sector, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9.4%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the product type, the market can be segmented into 8-channel EEG, 21-channel EEG, 25 channel EEG, 32-channel EEG, 40-channel EEG, and multichannel EEG. Electroencephalography systems/devices can be segmented by portability as standalone devices and portable devices. The end-use of the product can be divided into hospitals and diagnostic centres, amongst others. The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Compumedics Ltd., Natus Medical, Inc., Electrical Geodesics, Inc., Medtronic, NeuroWave Systems, Inc., Noraxon U.S.A., Inc., Cadwell Laboratories, Inc., Nihon Kohden Corporation, 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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