Electroencephalography Devices Market accounted to USD 8 billion in 2016 growing at a CAGR of 6.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Electroencephalography Devices Market Definition:
Electroencephalography devices are used to record electrical action produced by the human brain or neurological disorders in a person. EEG device comprises the usage of electrodes to track electrical signals in the person’s brain, and to check for abnormalities in acquired brain signals.
Major market drivers and restraints:
- Growing incidence of neurological disorders
- Demand for EEG devices in hospitals and diagnostics centers
- Increasing investment in R&D and new product development
- Growing geriatric population
- Technological advancement
- Unfavorable Reimbursement Policies
- Shortage of trained professionals
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Electroencephalography Devices Market Segmentation:
- By product type the electroencephalography devices market is segmented into MRI, CT, PET, EEG, EMG, MEG, TCD, ICP, Electrodes, Sensors, Gels, and Cables.
- On the basis of application the market is segmented into diagnostics and therapeutics segments. By procedure the segmentation of the market is invasive, non-invasive. Based on disease, the Electroencephalography market is segmented into TBI, stroke, dementia, epilepsy. On the basis of end-users the electroencephalography devices market is segmented into hospitals, diagnostic centers and academics.
- On the basis of geography, electroencephalography devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
Major Market Competitors:
Some of the major players operating in electroencephalography devices market are Natus Medical, Inc.; Electrical Geodesics, Inc.; Medtronic; NeuroWave Systems, Inc.; Compumedics Ltd.; Noraxon U.S.A., Inc.; Cadwell Laboratories, Inc., and Nihon Kohden America, Inc. among others
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Electroencephalography Devices Market Research Methodology:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an analyst call or can drop down your enquiry.
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