EEG Devices Market Is Going To Surpass $1.40 Billion By 2025
“Increasing prevalence of neurological disorders such as epilepsy, sleeping disorders, brain tumor, Parkinson’s disease, and stroke is a major factor anticipated to drive market growth during the forecast period.”
The global EEG devices/systems market is expected to reach a value of USD 1.40billion by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of neurological disorders such as epilepsy, sleeping disorders, brain tumor, Parkinson’s disease, and stroke is a major factor anticipated to drive market growth during the forecast period. According to WHO, over 50 million people are affected by epilepsy; and more than 35.6 million people worldwide are suffering from Alzheimer’s disease and dementia. Thus, the increasing prevalence of neurological disorders leads to rising demand for EEG systems and equipment. In addition, growing awareness about neurological diseases in developed and developing regions is expected to boost the market. Access Full Research Report on Global EEG Devices Market: http://www.grandviewresearch.com/industry-analysis/electroencephalographyeeg-systems-devices-market
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Increasing funding for neuroscience R&D by governments is another main factor contributing to the market growth. For instance, in June 2014, the U.S. Department of Defense granted USD 400,000 to University of Texas at San Antonio for the purchase of two EEG systems intended for advance research on brain-machine interaction. Also, technological advancement in these systems propels its adoption for detection of abnormalities associated with electrical activity of the brain. Thus, government initiatives and technological advancement are expected to drive the growth of the sector in the near future. Further key findings from the study suggest:
The 32-channel EEG segment was the highest revenue generating segment of the market in 2015. The technological advancement in 32-channel EEG products propels the segment growth
In 2015, the standalone devices segment was the highest revenue grossing segment of the market due to its high application in hospitals and diagnostics centers
The hospitals segment held the largest revenue share in the market in 2015, owing to the increasing number of patients suffering from neurological disorders. The rising geriatric population is another major factor responsible for the growth of the hospitals segment during study period
North America accounted for the largest revenue share of the EEG devices market in the year 2015. The availability of insurance coverage for brain monitoring and well-developed healthcare infrastructure is anticipated to drive demand for EEG products in the region during the forecast period
Some of the key companies are Natus Medical, Inc.; NeuroWave Systems, Inc.; Electrical Geodesics, Inc.; Medtronic; Compumedics Ltd.; Cadwell Laboratories, Inc.; Noraxon U.S.A. Inc.; and Nihon Kohden America, Inc.
Grand View Research has segmented the EEG Devices market on the basis of product, type, end use, and region: Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/healthcare
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Table of Content of Global EEG Devices Market Research Report: Chapter 1 Research Methodology 1.1 Country Wise Market: Base Estimates 1.2 Global Market: CAGR Calculation 1.3 Region Based Segment Share Calculation 1.4 Research Scope & Assumptions 1.5 List of Data Sources 1.5.1 Data for primary interviews, by sources 1.5.2 Data for primary interviews, by region Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 EEG Devices Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.2 Market Driver Analysis 3.2.1 Increasing incidence of neurological disorders 3.2.2 Rising investment in R&D 3.2.3 Technological advancement 3.3 Market Restraint Analysis 3.3.1 Limitations of EEG devices 3.4 Key Opportunities Prioritized 3.4.1 Key opportunities prioritized, by product 3.4.2 Key opportunities prioritized, by type 3.4.3 Key opportunities prioritized, by end-use 3.5 EEG Devices - SWOT Analysis, by Factor (Political & Legal, Economic and Technological) 3.6 Industry Analysis - Porter’s
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3.7 EEG Devices Market: Market Position Analysis, 2015 Chapter 4 EEG Devices Market: Product Estimates & Trend Analysis 4.1 EEG Devices Market: Product Movement Analysis 4.2 8-channel EEG 4.2.1 8-channel EEG market estimate & forecast, 2014 - 2025 (USD Million) 4.3 21-channel EEG 4.3.1 21-channel EEG market estimate & forecast, 2014 - 2025 (USD Million) 4.4 25 channel EEG 4.4.1 25 channel EEG market estimate & forecast, 2014 - 2025 (USD Million) 4.5 32-channel EEG 4.5.1 32-channel EEG market estimate & forecast, 2014 - 2025 (USD Million) 4.6 40-channel EEG 4.6.1 40-channel EEG market estimate & forecast, 2014 - 2025 (USD Million) 4.7 Multichannel EEG 4.7.1 Multi-channel EEG market estimate & forecast, 2014 - 2025 (USD Million) Chapter 5 EEG Devices Market: Type Estimates & Trend Analysis 5.1 EEG Devices Market: Type Movement Analysis 5.2 Standalone Devices 5.2.1 Standalone devices market estimate & forecast, 2014 - 2025 (USD Million) 5.3 Portable Devices
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5.3.1 Portable devices market estimate & forecast, 2014 - 2025 (USD Million) Chapter 6 EEG Devices Market: End-Use Estimates & Trend Analysis 6.1 EEG Devices Market: End-Use Movement Analysis 6.2 Hospitals 6.2.1 Hospitals market estimate & forecast, 2014 - 2025 (USD Million) 6.3 Diagnostic Centers 6.3.1 Diagnostic centers market estimate & forecast, 2014 - 2025 (USD Million) 6.4 Others 6.4.1 Others market estimate & forecast, 2014 - 2025 (USD Million) Chapter 7 EEG Devices Market: Regional Estimates & Trend Analysis, by Product, Technology, End-Use 7.1 EEG Devices Market Share by Region, 2014 & 2025 7.2 North America 7.2.1 U.S. 7.2.1.1 U.S. EEG devices market, by product, 2014 - 2025 (USD Million) 7.2.1.2 U.S. EEG devices market, by type, 2014 - 2025 (USD Million) 7.2.1.3 U.S. EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.2.2 Canada 7.2.2.1 Canada EEG devices market, by product, 2014 - 2025 (USD Million) 7.2.2.2 Canada EEG devices market, by type, 2014 - 2025 (USD Million) 7.2.2.3 Canada EEG devices market, by end-use, 2014 - 2025 (USD
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Million) 7.3 Europe 7.3.1 Germany 7.3.1.1 Germany EEG devices market, by product, 2014 - 2025 (USD Million) 7.3.1.2 Germany EEG devices market, by type, 2014 - 2025 (USD Million) 7.3.1.3 Germany EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.3.2 UK 7.3.2.1 UK EEG devices market, by product, 2014 - 2025 (USD Million) 7.3.2.2 UK EEG devices market, by type, 2014 - 2025 (USD Million) 7.3.2.3 UK EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.4 Asia Pacific 7.4.1 Japan 7.4.1.1 Japan EEG devices market, by product, 2014 - 2025 (USD Million) 7.4.1.2 Japan EEG devices market, by type, 2014 - 2025 (USD Million) 7.4.1.3 Japan EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.4.2 China 7.4.2.1 China EEG devices market, by product, 2014 - 2025 (USD Million) 7.4.2.2 China EEG devices market, by type, 2014 - 2025 (USD Million) 7.4.2.3 China EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.4.3 India
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7.4.3.1 India EEG devices market, by product, 2014 - 2025 (USD Million) 7.4.3.2 India EEG devices market, by type, 2014 - 2025 (USD Million) 7.4.3.3 India EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.5 Latin America 7.5.1 Brazil 7.5.1.1 Brazil EEG devices market, by product, 2014 - 2025 (USD Million) 7.5.1.2 Brazil EEG devices market, by type, 2014 - 2025 (USD Million) 7.5.1.3 Brazil EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.5.2 Mexico 7.5.2.1 Mexico EEG devices market, by product, 2014 - 2025 (USD Million) 7.5.2.2 Mexico EEG devices market, by type, 2014 - 2025 (USD Million) 7.5.2.3 Mexico EEG devices market, by end-use, 2014 - 2025 (USD Million) 7.6 MEA 7.6.1 South Africa 7.6.1.1 South Africa EEG devices market, by product, 2014 - 2025 (USD Million) 7.6.1.2 South Africa EEG devices market, by type, 2014 - 2025 (USD Million) 7.6.1.3 South Africa EEG devices market, by end-use, 2014 - 2025 (USD Million)
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Chapter 8 Competitive Landscape 8.1 Company Profiles 8.1.1 Compumedics Ltd. 8.1.1.1 Company Overview 8.1.1.2 Financial Performance 8.1.1.3 Product Benchmarking 8.1.1.4 Strategic Initiatives 8.1.2 Natus Medical, Inc. 8.1.2.1 Company Overview 8.1.2.2 Financial Performance 8.1.2.3 Product Benchmarking 8.1.2.4 Strategic Initiatives 8.1.3 Electrical Geodesics, Inc. 8.1.3.1 Company Overview 8.1.3.2 Financial Performance 8.1.3.3 Product Benchmarking 8.1.3.4 Strategic Initiatives 8.1.4 Medtronic 8.1.4.1 Company Overview 8.1.4.2 Financial Performance 8.1.4.3 Product Benchmarking 8.1.4.4 Strategic Initiatives 8.1.5 NeuroWave Systems, Inc. 8.1.5.1 Company Overview 8.1.5.2 Financial Performance 8.1.5.3 Product Benchmarking 8.1.5.4 Strategic Initiatives
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8.1.6 Noraxon U.S.A., Inc. 8.1.6.1 Company Overview 8.1.6.2 Financial Performance 8.1.6.3 Product Benchmarking 8.1.6.4 Strategic Initiatives 8.1.7 Cadwell Laboratories, Inc. 8.1.7.1 Company Overview 8.1.7.2 Financial Performance 8.1.7.3 Product Benchmarking 8.1.7.4 Strategic Initiatives 8.1.8 Nihon Kohden America, Inc. 8.1.8.1 Company Overview 8.1.8.2 Financial Performance 8.1.8.3 Product Benchmarking 8.1.8.4 Strategic Initiatives About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
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