EEG Devices Market 2028 Worldwide Trends in New Research Report

Posted by kartik joshi on January 11th, 2023

The EEG Devices Market report outlines the evolution of EEG Devices Market by type, applications and identifies and assesses the best performing vendors in the market till 2028. Market reports present the revenue opportunities in the Market through 2023-2028, highlighting the market size and growth by technology, geography, vertical and end users

An exclusive EEG Devices Market research report provides depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa.

According to our latest market research study on “EEG Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Application, Device Type, and End User,” the market is expected to reach US$ 1,699.52 million by 2028 from US$ 1,025.92 million in 2021; it is estimated to grow at a CAGR of 7.5% from 2021 to 2028. The report highlights the market trends, drivers, and deterrents. Growing incidence of neurovascular disorders and significantly rising elderly population are among the key forces driving the market. However, high cost of EEG devices hinders the market growth

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The prominent/emerging players in the EEG Devices Market research include:

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

Based on product, the global EEG devices market is segmented into 32-channel EEG, 25-channel EEG, 40-channel EEG, multi-channel EEG, 21-channel EEG, and 8-channel EEG. In 2020, the 32-channel EEG segment held the largest share of the market. However, multi-channel EEG segment is expected to register the highest CAGR during 2021–2028. High-tech development in 32-channel EEG products and increased implementation of these products by healthcare professionals are the major factors driving the segment. The market for the segment is anticipated to grow in the future owing to the increasing use of these devices to treat neurological diseases.

The COVID-19 pandemic has had a mixed impact on the EEG devices market. Due to the rapid spread of the disease, many cities were on a lockdown, causing treatments and doctors/surgeons appointment cancellations. The patients in the need of critical surgeries such as spinal surgery, neurosurgery, and ENT surgery need physical presence and need to implement procedures in the clinics. The procedures include intraoperative neuromonitoring by systems, services, and accessories. Moreover, companies are also focused on manufacturing COVID-19 diagnostics and related products. For instance, in June 2020, Ceribell Inc.—a Mountain View, California-based startup—deployed its cloud-linked, portable electroencephalogram (EEG) device to enable EEG assessments in minutes in emergency rooms and intensive care units. The rapid response EEG system is used in the Montefiore Health System in New York and at Northwell Health’s North Shore University Hospital, which are the health care providers at the epicenter of the US COVID-19 crisis.

The table of content for Market research study includes:

  • Introduction
  • Key takeaways
  • Research methodology
  • Market landscape
  • key market dynamics
  • Global market analysis
  • Revenue and forecasts to 2028 – type
  • Revenue and forecasts to 2028 – type of product
  • Revenue and forecasts to 2028 – service
  • Revenue and forecasts to 2028 – geographical analysis
  • Impact of covid-19 pandemic on global market
  • Industry landscape
  • key company profiles
  • Appendix
  • List of tables
  • List of figures

Company overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Product benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

About us:                                                           

The insight partners are a one stop Market research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as semiconductor and electronics, aerospace and defense, automotive and transportation, healthcare it, manufacturing and construction, medical device, technology, media and telecommunications, chemicals and materials.

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kartik joshi

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kartik joshi
Joined: September 27th, 2022
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