Electroencephalography Devices Market trend, outlook 2025

Electroencephalography is one of the most commonly employed techniques used for recording electrical activity generated by the human brain. EEG devices are often used as a first line method of diagnosis of various neurological disorders such as strokes, tumors, and coma. The process of electroencephalography is typically non-invasive, involving placement of multiple electrodes on the scalp to measures voltage fluctuations arising from ionic current induced by the neurons of the brain. According to American Association of Electro-diagnostic Medicine 2012, between 10 and 25 million EEG tests are performed per year in the U.S.

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Market Dynamics

Electroencephalography devices are used in a wide range of medical applications, including mental retardation, sleep disorders, tumors, epilepsy, strokes, and brain damages. This in turn, is increasing the number of diagnostic and treatment monitoring procedures across the world, thus augmenting growth of the global electroencephalography devices market. For instance, according to the World Health Organization, 2018, epilepsy is one of the most common chronic neurological disorders affecting around 50 million people across the world. Moreover, according to the National Institute of Neurological Disorders & Stroke, 2016, around 795,000 people suffer from stroke each year in the U.S., which increases the demand for hospital admission for remote neuro-monitoring. However, the high cost and complex functioning of these devices make them unaffordable and non-feasible to be used at small medical set-ups, thus causing a hindrance to the market growth.

Key features of the study:

  • This report provides in-depth analysis of electroencephalography devices market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategy adopted by the leading players

  • It profiles leading players in the global electroencephalography devices market based on the following parameters – company overview, product description, key highlights, financial overview, and strategies

  • Key companies covered as a part of this study includes Natus Medical, Inc., BrainScope Company, Inc., Medtronic Plc, NeuroWave Systems, Inc., Compumedics Limited, Electrical Geodesics, Inc., Cadwell Industries, Inc., and Jorden Neuroscience, Inc.

  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics

  • The global electroencephalography devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the electroencephalography devices market

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Detailed Segmentation:

  • Electroencephalography Devices Market, By Device Type:
    • 8-Channel EEG
    • 21-Channel EEG
    • 32-Channel EEG
    • 64-Channel EEG
    • Others
  • Electroencephalography Devices Market, By Modality:
    • Standalone
    • Portable
  • Electroencephalography Devices Market, By End User:
    • Hospitals
    • Diagnostic Centers
    • Others
  • Electroencephalography Devices Market, By Region:
    • North America
      • By Device Type:

        • 8-Channel EEG

        • 21-Channel EEG

        • 32-Channel EEG

        • 64-Channel EEG

        • Others

      • By Modality

        • Standalone

        • Portable

      • By End User:

        • Hospitals

        • Diagnostic Centers

        • Others

      • By Country:

        • U.S.

        • Canada

    • Latin America
      • By Device Type:

        • 8-Channel EEG

        • 21-Channel EEG

        • 32-Channel EEG

        • 64-Channel EEG

        • Others

      • By Modality

        • Standalone

        • Portable

      • By End User:

        • Hospitals

        • Diagnostic Centers

        • Others

      • By Country:

        • Brazil

        • Mexico

        • Argentina

        • Rest of Latin America

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