The "EEG and EMG Devices Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024" report has been added to ResearchAndMarkets.com's offering.
Global EEG and EMG Devices Market: About this market
The EEG and EMG devices market analysis considers sales from both EEG devices and EMG devices. Our study also finds the sales of EEG and EMG devices in Asia, Europe, North America, and ROW. In 2019, the EEG devices segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the increasing prevalence of neurological diseases will play a significant role in the EEG devices segment to maintain its market position. Also, our global EEG and EMG devices market report looks at factors such as the increasing prevalence of neurological conditions, new product launches, and the growing number of M&A activities. However, high costs associated with EEG and EMG procedures, frequent product recalls, and the dearth of neurologists and the presence of substitute products may hamper the growth of the EEG and EMG devices industry over the forecast period.
Global EEG and EMG Devices Market: Overview
Increasing prevalence of neurological conditions
The number of patients with neurological conditions such as anxiety disorders, schizophrenia, Alzheimer's disease, attention deficit hyperactivity (AHDH) disorder, dementia, depression, epilepsy, and brain injuries are increasing. Psychiatrists and counselors recommend patients to undergo brain monitoring tests to diagnose the presence of such conditions. This is driving the demand for brain monitoring devices such as EEG. This device provides a better understanding of the affected areas in the brain by monitoring brain activities and analyzing the severity of the disease. Thus, the increasing prevalence of neurological conditions will lead to the expansion of the global EEG and EMG devices market at a CAGR of almost 9% during the forecast period.
Integration of software and analysis tools in brain monitoring devices
The integration of brain signal analysis software with brain monitoring devices such as EEG and EMG enables users to automate and standardize complex monitoring procedures and improve patient experience and outcomes. Brain signal analysis software is used for advanced processing and analysis of raw EEG data obtained from patients. It simplifies the process of collecting, monitoring, and managing data for routine EEG testing, ambulatory EEG, long-term monitoring, ICU monitoring, and research studies. This development is expected to have a positive impact on the overall market growth.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
- Market outlook
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- EEG devices - Market size and forecast 2019-2024
- EMG devices - Market size and forecast 2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- Asia - Market size and forecast 2019-2024
- ROW - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: MARKET SEGMENTATION BY END-USER
- Hospitals and clinics
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing number of strategic alliances
- Integration of software and analysis tools in brain monitoring devices
- Growing government funding and initiatives for neurological conditions
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Ambu AS
- Brain Scientific Inc.
- Cadwell Industries Inc.
- Compumedics Ltd.
- General Electric Co.
- Koninklijke Philips NV
- Masimo Corp.
- Medtronic Plc
- Natus Medical Inc.
- Nihon Kohden Corp.
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