EEG Devices Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2027

Research Reports

Mar 24, 2021

A report by The Insight Partner’s on the EEG Devices Market discusses the growth of the market in great detail. It discusses thoroughly all factors promoting and deterring the market. The report also focuses on the competitive dynamics in the market by monitoring the strengths and weaknesses of prominent contributors and their key products.

The global EEG devices market is expected to reach US$ 1,764.27 Mn in 2027 from US$ 830.71 Mn in 2018. The market is estimated to grow with a CAGR of 8.9% from 2019-2027.

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Analytical Standards Market

EEG Devices Market to 2027 – Global Analysis and Forecasts by Product (8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, Multi-channel EEG); Application (Sleep Disorders, Neuroscience, Head Trauma, Brain Tumors, Others); Device Type (Standalone Devices, Portable Devices); End User (Hospitals & Clinics, Diagnostic Centers, Academic & Research Institutes, Research Centers),

The List of Companies

  • Brain Products GmbH
  • g.tec medical engineering GmbH
  • Cognionics, Inc.
  • Wearable Sensing
  • Neuroelectrics
  • ANT Neuro
  • Mitsar Co. Ltd.
  • Neurosky
  • Biosemi
  • Advanced Brain Monitoring, Inc.
  • EMOTIV
  • MUSE
  • Koninklijke Philips N.V.
  • Bitbrain Technologies

Market Insights

Growing incidence of neurovascular diseases

Neurological diseases are the diseases of the spine, brain, and the nerves that connect them and provides oxygenated blood. The neurovascular systems are highly dependent on the continuous supply of oxygen and nutrients, which has been supplied by the arteries and veins. The amount of oxygen and nutrients to the brain is essential for its working; therefore, a defect in the system can impair the function, and it may quickly become a life-threatening factor.

The neurovascular diseases include hemorrhage stroke, ischemic stroke, brain tumors, and more. The genetic disorders, lifestyle habits, related chronic conditions may cause the development of neurovascular diseases. During the last few years, the predominance of neurological disorders has increased significantly. For instance, epilepsy is one of the neurovascular diseases that is rising significantly across the globe.

The rising cases of brain tumors worldwide is the primary factor for the EEG devices market growth. For instance, as per the data of Lancet Neurol 2019; approximately 330?000 cases of central nervous system (CNS) cancer were reported in the world in 2016. The most regular type of essential CNS cancer is Glioma, which is a group of malignant brain tumors that includes high-grade Glioma or glioblastoma and low-grade Glioma (astrocytoma, oligodendroglioma). Thus, it is anticipated that the increasing prevalence of neurovascular diseases is likely to fuel the growth of the market during the forecast period. 

Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.

The COVID-19 outbreak is currently going the world over, the EEG Devices Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the EEG Devices market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).

The report offers key drivers that propel the growth in the global EEG Devices market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

This report focuses on the global EEG Devices market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the EEG Devices market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

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