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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.
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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.
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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. 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.
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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.
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 Industry Opportunities and Challenges
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 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 21-channel EEG
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 25 channel EEG
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 32-channel EEG
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 40-channel EEG
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Multichannel EEG
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.5 Global Electroencephalography Systems/Devices Market by Portability
8.5.1 Standalone Devices
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 Portable Devices
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Electroencephalography Systems/Devices Market by End Use
8.6.1 Hospitals
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 Diagnostic Centres
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 Electroencephalography Systems/Devices Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 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 Compumedics Ltd.
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 Natus Medical, Inc.
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 Electrical Geodesics, 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 NeuroWave Systems, 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 Cadwell Laboratories, Inc.
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 Nihon Kohden Corporation
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 Medtronic plc
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
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
In 2020, the global electroencephalography systems/devices market attained a value of nearly USD 921.5 million.
The market is projected to grow at a CAGR of 9.4% between 2021 and 2026.
The major drivers of the industry include rising incidence and increasing awareness of neurological disorders, technological progress, and high adoption by healthcare professionals.
The increased implementation of these machines in the health care sector is expected to be a key trend guiding the growth of the industry.
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.
Electroencephalography systems/devices can be segmented by portability as standalone devices and portable devices.
Electroencephalography systems/devices can have different end-uses in sectors like hospitals and diagnostic centres, amongst others.
The regional markets for thermocouples include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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