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Base Year: 2024
Companies covered: 15
Tables & Figures: 245
Countries covered: 18
Pages: 136
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Epilepsy Monitoring Device Market
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Epilepsy Monitoring Device Market Size
The global epilepsy monitoring device market size was valued at USD 632.5 million in 2024. The market is expected to reach from USD 662 million in 2025 to USD 1.04 billion in 2034, growing at a CAGR of 5.2% during the forecast period. Healthcare professionals use tools such as epilepsy monitoring devices in people that experience seizures due to epilepsy. These devices track the brain activity and benefit them to identify unusual electrical patterns in the brain, which are linked to epilepsy. Doctors can better understand each patient's condition and determine the most effective treatment method by using these tools.
The growth of the global epilepsy monitoring device market is highly attributed due to the increasing prevalence of epilepsy, which is a key catalyst that is accelerating the market growth. For instance, according to the data from the World Health Organization (WHO), in 2024, around 50 million people globally were affected. Moreover, WHO also reported that around 5 million new epilepsy diagnoses are made annually.
Thus, these conditions require long term monitoring and epilepsy treatment drugs, which was valued at around USD 8.6 billion in 2024, and management. Epilepsy monitoring devices play a significant role in accurately detecting abnormal brain activity and seizure classification. Therefore, as the prevalence of epilepsy conditions increases, so does the demand for these devices, which in turn necessities the need for epilepsy monitoring devices in order to ensure the safety and effective treatment, thereby fostering market growth.
Additionally, rapid technical improvements are fundamentally responsible for the market's strong growth in epilepsy monitoring devices. The precision, usability, and effectiveness of epilepsy diagnosis and treatment are being greatly improved by innovations including wearable and wireless EEG equipment, AI-powered diagnostic tools, and real-time remote monitoring systems. In addition to enhancing patient outcomes, these developments are increasing the devices' use in homecare, ambulatory, and hospital settings. Thus, these technological innovations are significantly contributing to the acceleration of industry growth.
Epilepsy Monitoring Device Market Trends
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Epilepsy Monitoring Device Market Analysis
Based on product, the epilepsy monitoring device market is segmented into wearable devices and conventional devices. The conventional devices segment is bifurcated into deep brain stimulation devices and monitoring devices. Further, the monitoring device segment is sub-segmented into EEG device, EMG device, MEG device, and other monitoring devices. The conventional devices segment dominated the market with the largest revenue of USD 383.3 million in 2024 and is expected to grow at a significant CAGR over the forecast period.
Based on end use, the epilepsy monitoring device market is segmented into hospitals and clinics, biotechnology, ambulatory surgical centers, neurology centers, diagnostic centers, and home care settings. The hospitals and clinics segment are anticipated to reach USD 480 million by 2034.
The U.S. epilepsy monitoring device market is projected to grow significantly, reaching USD 403.7 million by 2034.
Europe: The epilepsy monitoring device market in UK is expected to experience significant and promising growth from 2025 to 2034.
Asia Pacific: The epilepsy monitoring device market in the Japan is projected to grow significantly from 2025 to 2034.
Middle East and Africa: The Saudi Arabia epilepsy monitoring device market is projected to grow significantly from 2025 to 2034.
Epilepsy Monitoring Device Market Share
The market is highly fragmented with key players and new entrants constantly working to offer new products. In terms of revenue, the market share lies with the top 5 players which comprise Boston Scientific Corporation, Koninklijke Philips, Medtronic, Masimo Corporation, Cadwell Industries, accounting for approximately 40% of the total market share. Moreover, strategic collaboration with medical device manufacturers, research institutions, and regulatory bodies plays a critical role in advancing product development and ensuring regulatory approval. Increasing awareness is encouraging adoption across sectors and enabling market players to solidify their position in this expanding industry.
Epilepsy Monitoring Device Market Companies
Some of the eminent market participants operating in the epilepsy monitoring device industry include:
Epilepsy Monitoring Device Industry News:
The epilepsy monitoring device market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:
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Market, By Product
Market, By End Use
The above information is provided for the following regions and countries: