Market Overview:
The global EEG machines market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of neurological disorders, rising geriatric population, and technological advancements in EEG machines. Based on type, the global EEG machines market is segmented into below 20-channel, 21-50 channel, and above 50 channel segments. The 21-50 channel segment is expected to account for the largest share of the global EEG machines market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. Based on application, hospitals are expected to account for the largest share of the global EEG machines market in 2018 followed by clinics and laboratories respectively.
Product Definition:
EEG machines are used to measure and record the electrical activity of the brain. This information can be used to help diagnose conditions such as seizures, head injuries, and tumors.
Below 20-Channel:
20-channel EEG is the minimum requirement for most of the clinical applications. The 20-20 channel system has been designed to meet the basic human brain research requirements. It can record and digitize up to 2000 EEG channels, which means that it can record a large number of brain waves at once and allow researchers to extract specific neural signals with high accuracy.
21-50 Channel:
21-50 channels are used in EEG machines to record electrical activity of the brain. These channels are placed on the scalp and can measure electrical activities at that particular place. The machine is connected with an individual through a thin wire that goes into the brain, which allows measurement of voltage fluctuations caused by neural activities.
The 21-50 channel system has been widely used for clinical purposes because it provides better spatial resolution as compared to single or multi-channel systems.
Application Insights:
The hospitals segment dominated the global EEG machines market in 2017. This can be attributed to the rising prevalence of various neurological disorders that require continuous monitoring and treatment. According to a study published by NCBI, approximately 1 in 5 people globally suffer from some form of mental illness during their lifetime. Furthermore, as per WHO, more than 50 million people are treated for mental illnesses every year worldwide and around 3% of total population is hospitalized due to these diseases annually. These factors indicate a significant growth potential for the hospitals segment over the forecast period.
The clinics segment is expected to witness considerable growth over the forecast period owing to increasing demand for advanced diagnostic solutions that provide faster results with higher accuracy levels than conventional methods such as X-ray or laboratory tests do at lesser cost coupled with better patient convenience. The growing trend towards outpatient diagnosis has also played an important role in driving this segment's growth since it allows patients suffering from common diseases such as diabetes or high blood pressure etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and high adoption rate of advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing investments in R&D activities, technological advancements, and growing demand for technologically advanced devices. Moreover, rising prevalence of neurological disorders such as Alzheimer’s disease (AD) is anticipated to drive regional growth during the forecast period.
Asia Pacific region is projected to witness lucrative growth over the forecast period owing with rapid economic development coupled with increasing healthcare spending by governments & private sectors across countries such as China & India.
Growth Factors:
- Increasing demand for early diagnosis and treatment of neurological disorders
- Rising prevalence of brain injuries and neurodegenerative diseases
- Growing awareness about the benefits of EEG machines for diagnosing various brain disorders
- Technological advancements in EEG machines that offer enhanced features and accuracy
- Increasing number of research studies on the use of EEG machines for diagnosing various brain disorders
Scope Of The Report
Report Attributes
Report Details
Report Title
EEG Machines Market Research Report
By Type
Below 20-Channel, 21-50 Channel, Above 50 Channel
By Application
Hospitals, Clinics, Laboratories
By Companies
Nihon Kohden, Brain Products GmbH, BioSemi, Electrical Geodesics, Advanced Brain Monitoring, Allengers Medical Systems Limited, ANT Neuro, Neurostyle, Clarity Medical, NeuroScan, Contec Medical, Deymed, Ebneuro, Electrical Geodesics, Elekta, ELMIKO, EMS Biomedical, NeuroSky, Inomed Medizintechnik, Medicom MTD, Mitsar, Moberg, Natus Medical, Neuronetrix, Neurosoft, Recorders & Medicare, Shanghai NCC, SIGMA Medizin-Technik, Cognionics, Emotiv
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global EEG Machines Market Report Segments:
The global EEG Machines market is segmented on the basis of:
Types
Below 20-Channel, 21-50 Channel, Above 50 Channel
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
Hospitals, Clinics, Laboratories
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:
- Nihon Kohden
- Brain Products GmbH
- BioSemi
- Electrical Geodesics
- Advanced Brain Monitoring
- Allengers Medical Systems Limited
- ANT Neuro
- Neurostyle
- Clarity Medical
- NeuroScan
- Contec Medical
- Deymed
- Ebneuro
- Electrical Geodesics
- Elekta
- ELMIKO
- EMS Biomedical
- NeuroSky
- Inomed Medizintechnik
- Medicom MTD
- Mitsar
- Moberg
- Natus Medical
- Neuronetrix
- Neurosoft
- Recorders & Medicare
- Shanghai NCC
- SIGMA Medizin-Technik
- Cognionics
- Emotiv
Highlights of The EEG Machines 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:
- Below 20-Channel
- 21-50 Channel
- Above 50 Channel
- By Application:
- Hospitals
- Clinics
- Laboratories
- 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 Machines 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
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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 machines are used to measure the electrical activity of the brain. This activity can be used to diagnose conditions such as epilepsy and Alzheimer's disease.
Some of the key players operating in the eeg machines market are Nihon Kohden, Brain Products GmbH, BioSemi, Electrical Geodesics, Advanced Brain Monitoring, Allengers Medical Systems Limited, ANT Neuro, Neurostyle, Clarity Medical, NeuroScan, Contec Medical, Deymed, Ebneuro, Electrical Geodesics, Elekta, ELMIKO, EMS Biomedical, NeuroSky, Inomed Medizintechnik, Medicom MTD, Mitsar, Moberg, Natus Medical, Neuronetrix, Neurosoft, Recorders & Medicare, Shanghai NCC, SIGMA Medizin-Technik, Cognionics, Emotiv.
The eeg machines market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EEG Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EEG Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EEG Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EEG Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EEG Machines Market Size & Forecast, 2018-2028
4.5.1 EEG Machines Market Size and Y-o-Y Growth
4.5.2 EEG Machines Market Absolute $ Opportunity
Chapter 5 Global EEG Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 EEG Machines Market Size Forecast by Type
5.2.1 Below 20-Channel
5.2.2 21-50 Channel
5.2.3 Above 50 Channel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global EEG Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 EEG Machines Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Laboratories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EEG Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EEG Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America EEG Machines Analysis and Forecast
9.1 Introduction
9.2 North America EEG Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America EEG Machines Market Size Forecast by Type
9.6.1 Below 20-Channel
9.6.2 21-50 Channel
9.6.3 Above 50 Channel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America EEG Machines Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Laboratories
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe EEG Machines Analysis and Forecast
10.1 Introduction
10.2 Europe EEG Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe EEG Machines Market Size Forecast by Type
10.6.1 Below 20-Channel
10.6.2 21-50 Channel
10.6.3 Above 50 Channel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe EEG Machines Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Laboratories
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific EEG Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific EEG Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific EEG Machines Market Size Forecast by Type
11.6.1 Below 20-Channel
11.6.2 21-50 Channel
11.6.3 Above 50 Channel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific EEG Machines Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Laboratories
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America EEG Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America EEG Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America EEG Machines Market Size Forecast by Type
12.6.1 Below 20-Channel
12.6.2 21-50 Channel
12.6.3 Above 50 Channel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America EEG Machines Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Laboratories
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) EEG Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) EEG Machines Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) EEG Machines Market Size Forecast by Type
13.6.1 Below 20-Channel
13.6.2 21-50 Channel
13.6.3 Above 50 Channel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) EEG Machines Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Laboratories
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EEG Machines Market: Competitive Dashboard
14.2 Global EEG Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nihon Kohden
14.3.2 Brain Products GmbH
14.3.3 BioSemi
14.3.4 Electrical Geodesics
14.3.5 Advanced Brain Monitoring
14.3.6 Allengers Medical Systems Limited
14.3.7 ANT Neuro
14.3.8 Neurostyle
14.3.9 Clarity Medical
14.3.10 NeuroScan
14.3.11 Contec Medical
14.3.12 Deymed
14.3.13 Ebneuro
14.3.14 Electrical Geodesics
14.3.15 Elekta
14.3.16 ELMIKO
14.3.17 EMS Biomedical
14.3.18 NeuroSky
14.3.19 Inomed Medizintechnik
14.3.20 Medicom MTD
14.3.21 Mitsar
14.3.22 Moberg
14.3.23 Natus Medical
14.3.24 Neuronetrix
14.3.25 Neurosoft
14.3.26 Recorders & Medicare
14.3.27 Shanghai NCC
14.3.28 SIGMA Medizin-Technik
14.3.29 Cognionics
14.3.30 Emotiv
