Global Electroencephalography (EEG) Systems/Devices Market Analysis 2014 - 2025 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Electroencephalography (EEG) Systems/Devices Market Analysis By Product, By Type (Portable Devices, Standalone Devices), By End Use (Hospitals, Diagnostic Centers), And Segment Forecasts 2014 - 2025" report to their offering.

The global EEG devices/systems market is expected to reach a value of USD 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. 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. Increasing funding for neuroscience R&D by governments is another main factor contributing to the market growth.

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.
  • Nihon Kohden America, Inc.

For more information about this report visit http://www.researchandmarkets.com/research/j7n9rt/electroencephalogr

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Related Topics: Medical Imaging

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Medical Imaging