Electroencephalography Systems Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI3927

Summary Methodology

Electroencephalography systems market size is expected to grow significantly from 2019 to 2025.

Increasing inclination of population towards technologically advanced and sophisticated electroencephalography devices will stimulate the electroencephalography systems market growth. Rising adoption for these devices offer several opportunities including shorter hospital stay, reduced cost and portability features. Additionally, cost effective devices are being launched in the market should foster the electroencephalography systems industry growth. High demand for detection of various brain disorders including others boosts electroencephalography systems business growth. Furthermore, manufactures are focusing at introducing innovative detection devices into electroencephalography systems that further fosters the overall industry growth.

Rising R&D investments by manufacturers to deliver innovative and advanced brain monitoring systems will propel the electroencephalography systems industry growth. Different initiatives undertaken by manufacturers to develop secured devices for easy and quick detection aimed at efficient patient care is expected to drive the demand for electroencephalography systems devices. Moreover, companies such as Natus Medical, Inc., Medtronic, and Compumedics Ltd among others invest ample amount in R&D to improve the existing devices and new product enhancement should foster industry growth. However, limited product approvals may hinder the electroencephalography systems market growth over the analysis timeframe.

32-channel EEG segment is anticipated to witness robust growth over the forecast timeframe. Technological advancement in 32-channel ECG devices coupled with increased adoption for such products by healthcare professional augments segmental growth. Moreover, these products meet IFCN standards along with system design verification in the standard EEG isolation room to demonstrate the accuracy further fosters the segmental growth.

Standalone devices segment will grow moderately during the analysis period. Such systems are highly preferred during the brain procedures largely in hospitals. Standalone devices helps to manage the sterility for several procedural activities that should upsurge business revenue share.

Hospital segment will witness significant growth over the forthcoming years. electroencephalography systems can manage patient health more precisely with available devices at hospital settings. Moreover, increasing preference for standalone and portable devices during surgical procedures further propels the segmental growth.

North America electroencephalography systems industry will account for lucrative revenue share by 2025 owing to increasing accessibility to insurance. Favorable reimbursement scenario for the diagnosis of neurological disorders, and presence of government organizations accelerates the regional growth.

Eminent industry players operating in electroencephalography systems market include Compumedics, BrainScope Company, Medtronic, Noraxon, Cadwell Laboratories, Neurowave Systems, Nihon Kohden, Neurosoft, Integra LifeSciences, Headsense Medical, Covidien Medical devices, Nonin Medical, and Rimed. Notable corporate players functioning in this business adopt several strategies to compete in the market and to have competitive edge over other market players should propel the business growth. For instance, in July 2016, Compumedics Ltd and Bestmed signed an agreement for Compumedics monitoring systems and neurodiagnostic. This collaboration has enhanced company’s product portfolio and territorial coverage.

Electroencephalography Systems Market By Product, 2014-2025 (USD Million)

  • 8-channel EEG
  • 21-channel EEG
  • 25 channel EEG
  • 32-channel EEG
  • 40-channel EEG
  • Multi-channel EEG

Electroencephalography Systems Market By Modalities, 2014-2025 (USD Million)

  • Standalone devices
  • Portable devices

Electroencephalography Systems Market By Application, 2014-2025 (USD Million)

  • Ambulatory EEG
  • Video telemetry
  • Routine EEG
  • Sleep EEG

Electroencephalography Systems Market By End-use, 2014-2025 (USD Million)

  • Hospitals
  • Diagnostic Centers
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

Company Profiles:

  • BrainScope Company Inc
  • Cadwell Laboratories Inc.,
  • Compumedics Limited
  • Covidien Medical Devices
  • Integra LifeSciences,
  • Medtronic
  • Natus Medical Inc.,
  • Neurowave Systems Inc.,
  • Noraxon U.S.A., Inc.,
  • Rimed Ltd.

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X