MARKET OVERVIEW
Electroencephalography (EEG) has been used extensively in studying human brains over the last decades. It has been especially used in human medicines as a diagnostic tool to assess cerebral dysfunction like epilepsy. The price difference in EEG systems is typically due to the number of electrodes, quality of digitization, quality of amplifier, and the number of snapshots the device can take per second. Over the years, EEG hardware technology has grown to its new heights with several multi-channel systems that have emerged due to delivering high-quality EEG and physiological signals in a simpler, more convenient, and comfortable design as compared to traditional and cumbersome systems.
MARKET SCOPE
The "Global Electroencephalography Systems Professional Market Analysis to 2028" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on global market trend analysis. The purpose of this report is to provide an overview of the Electroencephalography Systems Professional market, as well as detailed market segmentation based on product type and application. Additionally, the report offers key statistics on the market status of the leading electroencephalography systems professional market players, as well as key market trends and opportunities.
MARKET SEGMENTATION
By product, the market is segmented as 8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, multi-channel EEG.
By modalities, the market is bifurcated into standalone devices and portable devices.
Based on application, the market is segregated as ambulatory EEG, video telemetry, routine EEG, and sleep EEG.
By end-use, the market is segmented as hospitals, diagnostic centers, and others
MARKET DYNAMICS
Drivers-
Technological advancement in the field of EEG systems escalated the demand for electroencephalography systems.
EEG systems have witnessed high demand from neurologists and neurosurgeons for correct diagnosis of brain-related disorders among patients ultimately surging the growth of the overall market.
Restraints-
High maintenance and cost for EEG systems have restrained the overall market from growing to its full potential.
REGIONAL FRAMEWORK
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2019 to 2028. Each region's Electroencephalography Systems Professional market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the Electroencephalography Systems Professional market in these regions.
Impact of COVID-19 on Electroencephalography Systems Professional Market
Since the COVID-19 pandemic resulted in major diagnosis and prognosis practices, the need for telemedicine and mobile/electronic health has never been more appreciated. Drastic complications pf pandemic has raised burdens on social and employment status resulting in extending quarantine and physical distancing had a negative impact on the mental health of patients. For example, neurological complications such as stroke, headache, and seizures have been reported by the growing population. To control such critical conditions, demand for Electroencephalography systems has gained huge attention.
KEY MARKET PLAYERS
The report covers key developments in the Electroencephalography Systems Professional market with a focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that include new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally include strategic acquisitions and partnerships & collaborations between the companies. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the Electroencephalography Systems Professional market are anticipated to lucrative growth opportunities in the future with the rising demand for Electroencephalography Systems Professional in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Electroencephalography Systems Professional market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- Cadwell Industries Inc.
- Medtronic plc
- NeuroWave Systems Inc.
- BrainScope Company Inc.
- Noraxon USA.
- Compumedics Limited
- Rimed
- Natus Medical Incorporated.
- Nihon Kohden Corporation
- Lifelines Neuro
The Insight Partner?s dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.