Market Overview:
The global EEG electrode market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of neurological disorders, rising demand for technologically advanced diagnostic and treatment methods, and growing awareness about EEG electrodes among healthcare professionals and patients. The global EEG electrode market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into repeatable EEG electrodes and disposable EEG electrodes. The disposable EEG electrode segment is expected to grow at a higher CAGR than the repeatable EEG electrode segment during the forecast period owing to its advantages such as low cost-per-use, convenience in use, disposability after single use thus reducing infection risk, etc. On the basis of application, hospitals are estimated to account for a larger share of this market in 2018 followed by scientific research institutes due as these institutions are increasingly adopting new technologies for diagnosis and treatment purposes.
Product Definition:
An EEG electrode is a device used to measure the electrical activity of the brain. This can be used to help diagnose conditions such as epilepsy or to monitor brain function during surgery.
Repeatable EEG Electrode:
The repeatable EEG electrode is a device used for repeated measurement of brain activity. It consists of an adhesive surface covered with thin stainless steel wire which is embedded in the gel. The whole assembly is then inserted into the scalp over the part where electrical signals are generated and collected by electrodes placed on different parts of the skull.
Disposable EEG Electrode:
Disposable EEG electrodes are intended for single use and are made from low-cost, thin, flexible plastic with a porous surface. The pores allow the brain fluids to permeate through which improves the electrical connectivity between electrode and nerve. These electrodes are available in different forms such as grids or foam dots that can be attached to the skin with tape or directly placed on the scalp.
The disposable nature of these products is one of its major advantages as it eliminates cross contamination.
Application Insights:
The hospital treatment segment dominated the global market in 2017. The application of electrodes for monitoring and diagnosing brain activity is gaining significant traction in hospitals across the world. Hospital-based research studies have proved that usingEEG technology, it is possible to detect epilepsy with greater accuracy than ever before. This has led to an increased demand for these devicesin hospitals across the globe.
Hospital treatment accounted for a revenue share of 37% in 2017 and is expected to witness substantial growth over the forecast period owingto increasing R&D investments by various companiesfor developing new products specifically designedfor use within hospitals at bedside or room-based settings. These products are aimed at reducing patient sufferingand associated costs without compromising on quality or safety standards required by patients & healthcare providers alike, thereby driving industry expansion over next seven years as a whole (by 2030).
Scientific research accounted for a revenue share of 34%in 2017.
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in research activities by various universities and institutes. Moreover, increasing government funding for R&D activities is also expected to drive growth during the forecast period. Europe accounted for more than 25% of the overall share in 2017 due to high demand from countries such as Germany, France, Italy, and U.K., among others.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing healthcare awareness amongst people especially patients suffering from neurological disorders such as epilepsy & Alzheimer’s disease & brain tumor etc.; which can be treated only through EEG technology; hence driving this regional market at a significant CAGR over the forecast period. ‰˜‰˜‰˜”€œ¬© 2013 Neuroelectrics Ltd.
Growth Factors:
- Increasing demand for early diagnosis and treatment of neurological disorders
- Growing awareness about the benefits of EEG Electrode technology
- Rising number of research and development activities in the field of EEG Electrodes
- Technological advancements in EEG Electrode devices
- increasing prevalence of neurological disorders
Scope Of The Report
Report Attributes
Report Details
Report Title
EEG Electrode Market Research Report
By Type
Repeatable EEG Electrode, Disposable EEG Electrode
By Application
Hospital Treatment, Scientific Research, Other
By Companies
GAES, Medical Computer Systems, Mega Electronics, Neuroelectrics, NeuroWave, PMT Corporation, SOMNOmedics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global EEG Electrode Market Report Segments:
The global EEG Electrode market is segmented on the basis of:
Types
Repeatable EEG Electrode, Disposable EEG Electrode
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Treatment, Scientific Research, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GAES
- Medical Computer Systems
- Mega Electronics
- Neuroelectrics
- NeuroWave
- PMT Corporation
- SOMNOmedics
Highlights of The EEG Electrode Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Repeatable EEG Electrode
- Disposable EEG Electrode
- By Application:
- Hospital Treatment
- Scientific Research
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EEG Electrode Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EEG electrodes are small, thin wires that are placed on the scalp to measure electrical activity in the brain. This activity can be used to diagnose and monitor various conditions, such as epilepsy or Alzheimer's disease.
Some of the key players operating in the eeg electrode market are GAES, Medical Computer Systems, Mega Electronics, Neuroelectrics, NeuroWave, PMT Corporation, SOMNOmedics.
The eeg electrode market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. EEG Electrode Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. EEG Electrode Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. EEG Electrode Market - Supply Chain
4.5. Global EEG Electrode Market Forecast
4.5.1. EEG Electrode Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. EEG Electrode Market Size (000 Units) and Y-o-Y Growth
4.5.3. EEG Electrode Market Absolute $ Opportunity
5. Global EEG Electrode Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. EEG Electrode Market Size and Volume Forecast by Type
5.3.1. Repeatable EEG Electrode
5.3.2. Disposable EEG Electrode
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global EEG Electrode Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. EEG Electrode Market Size and Volume Forecast by Application
6.3.1. Hospital Treatment
6.3.2. Scientific Research
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global EEG Electrode Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. EEG Electrode Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global EEG Electrode Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. EEG Electrode Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global EEG Electrode Demand Share Forecast, 2019-2026
9. North America EEG Electrode Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America EEG Electrode Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America EEG Electrode Market Size and Volume Forecast by Application
9.4.1. Hospital Treatment
9.4.2. Scientific Research
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America EEG Electrode Market Size and Volume Forecast by Type
9.7.1. Repeatable EEG Electrode
9.7.2. Disposable EEG Electrode
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America EEG Electrode Demand Share Forecast, 2019-2026
10. Latin America EEG Electrode Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America EEG Electrode Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America EEG Electrode Market Size and Volume Forecast by Application
10.4.1. Hospital Treatment
10.4.2. Scientific Research
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America EEG Electrode Market Size and Volume Forecast by Type
10.7.1. Repeatable EEG Electrode
10.7.2. Disposable EEG Electrode
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America EEG Electrode Demand Share Forecast, 2019-2026
11. Europe EEG Electrode Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe EEG Electrode Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe EEG Electrode Market Size and Volume Forecast by Application
11.4.1. Hospital Treatment
11.4.2. Scientific Research
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe EEG Electrode Market Size and Volume Forecast by Type
11.7.1. Repeatable EEG Electrode
11.7.2. Disposable EEG Electrode
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth otential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe EEG Electrode Demand Share, 2019-2026
12. Asia Pacific EEG Electrode Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific EEG Electrode Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific EEG Electrode Market Size and Volume Forecast by Application
12.4.1. Hospital Treatment
12.4.2. Scientific Research
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific EEG Electrode Market Size and Volume Forecast by Type
12.7.1. Repeatable EEG Electrode
12.7.2. Disposable EEG Electrode
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific EEG Electrode Demand Share, 2019-2026
13. Middle East & Africa EEG Electrode Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa EEG Electrode Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa EEG Electrode Market Size and Volume Forecast by Application
13.4.1. Hospital Treatment
13.4.2. Scientific Research
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa EEG Electrode Market Size and Volume Forecast by Type
13.7.1. Repeatable EEG Electrode
13.7.2. Disposable EEG Electrode
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa EEG Electrode Demand Share, 2019-2026
14. Competition Landscape
14.1. Global EEG Electrode Market: Market Share Analysis
14.2. EEG Electrode Distributors and Customers
14.3. EEG Electrode Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GAES
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medical Computer Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mega Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Neuroelectrics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NeuroWave
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PMT Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SOMNOmedics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
