Rising demand for EEG procedures
Therapists highly rely on EEG procedures and video EEG to diagnose neonatal seizures and paroxysmal events and psychogenic nonepileptic seizures (PNES) respectively. They also monitor the sleep quality and cognitive health of their patients using EEG procedures. The increasing demand for EEG procedures for the diagnosis of neurological disorders and other applications is driving the growth of the global EEG electrodes market at a CAGR of almost 8% during the forecast period.
This EEG electrodes market analysis considers sales from the adoption of disposable EEG electrodes and reusable EEG electrodes. The analysis also considers the sales of EEG electrodes in Asia, Europe, North America, and RoW.
In 2018, the disposable EEG electrodes segment had a significant market share, and this trend is expected to continue over the forecast period. The benefits of using disposable EEG electrodes including improved safety profile and reduced prices will play a significant role in the disposable EEG electrodes segment to maintain its market position.
Also, the market report looks at factors such as the increasing prevalence of neurological disorders, rising demand for EEG procedures, and increasing initiatives and support from governments and healthcare organizations. However, high cost of EEG devices and procedures, shortage of skilled professionals, and intense competition among vendors leading to pricing pressures may hamper the growth of the EEG electrodes industry over the forecast period.
Rising demand for dry electrodes
Dry electrodes are gaining traction as they do not require electrolyte gels in wet Ag/AgCl electrodes. This helps in preventing skin irritation and skin dermatitis and minimizing the setup time. Consequently, the demand for dry electrodes for long-term applications will increase and have a positive impact on the overall market growth.
With the presence of several major players, the global EEG electrodes market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading EEG electrodes manufacturers that include: Ambu, Koninklijke Philips, Neuroelectrics Barcelona, NeuroWave Systems, and PMT Corp.
Also, the EEG electrodes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Disposable EEG electrodes - Market size and forecast 2018-2023
- Reusable EEG electrodes - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Asia - Market size and forecast 2018-2023
- RoW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rising popularity of hybrid brain-computer interface techniques
- Focus of vendors on market penetration in emerging countries
- Rising demand for dry electrodes
PART 12: VENDOR LANDSCAPE
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Ambu AS
- Koninklijke Philips N.V.
- Neuroelectrics Barcelona SLU
- NeuroWave Systems Inc.
- PMT Corp.
For more information about this report visit https://www.researchandmarkets.com/r/nebfpc