LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global EEG and EMG devices market since 2018 and the market is poised to grow by USD 740.48 million during 2020-2024 at a CAGR of almost 9% during the forecast period. Request Free Sample Pages
Read the 162-page research report with TOC on "EEG and EMG Devices Market Analysis Report by Geography (Asia, Europe, North America, and ROW), by Product (EEG devices and EMG devices), by End-user (Hospitals and clinics, ASCs, and Others), and Segment Forecasts, 2020-2024".
The market is driven by the increasing prevalence of neurological conditions. In addition, the integration of software and analysis tools in brain monitoring devices is anticipated to further boost the growth of the EEG and EMG devices market.
The number of patients with neurological conditions such as anxiety disorders, schizophrenia, Alzheimer’s disease, attention deficit hyperactivity (AHDH) disorder, dementia, depression, epilepsy, and brain injuries is increasing. Psychiatrists and counselors recommend patients to undergo brain monitoring tests to diagnose the presence of such conditions. This is driving the demand for brain monitoring devices such as EEG. This device provides better understanding of the affected areas in the brain by monitoring the brain activities and analyzing the severity of the disease. Thus, the increasing prevalence of neurological conditions is expected to drive market growth during the forecast period.
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Major Five EEG and EMG Devices Market Companies:
Ambu AS is headquartered in Denmark and operates the business under its Unified Business Segment. The company offers Ambu Neuroline 700, Ambu Neuroline corkscrew, and Ambu Neuroline cup.
Brain Scientific Inc.
Brain Scientific Inc. is headquartered in the US and offers products through the following business units: NeuroEEG and NeuroCap. The company offers NeuroEEG and NeuroCap to various end-users including hospitals, clinics, ASCs, rehabilitation centers, and homecare settings.
Cadwell Industries Inc.
Cadwell Industries Inc. is headquartered in the US and operates under various business segments, namely EEG, EMG, IONM, Sleep, CadLink, and Electrodes and Accessories. The company offers Arc Apollo EEG, Arc Essentia EEG, and Sierra Summit.
Compumedics Ltd. is headquartered in Australia and offers products through the following business segments: Sleep diagnostics, Neurology diagnostics, MEG, Brain research, and Software and accessories. The company offers Grael 4K-EEG, Grael LT EEG System, and Xegis Forte EMG/EP.
General Electric Co.
General Electric Co. is headquartered in the US and offers products through the following business segments: Power, Renewable Energy, Aviation, Oil & Gas, Healthcare, Transportation, and Lighting. The company offers EEG cup eletrodes.
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EEG and EMG Devices Product Outlook (Revenue, USD Million, 2020-2024)
- EEG devices
- EMG devices
EEG and EMG Devices Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
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