Global EEG Equipment Market Report - Future Prospects, Growth, Outlook and Forecast 2019 – 2026
Electroencephalography (EEG) is a diagnostic test used to monitor brain electrical activity, which involves tracking and recording patterns of brain function. In addition, the test is used to detect brain diseases such as seizures, head injuries, epilepsy, dizziness, headaches, brain tumors, and sleep disorders.
The study projects that the EEG Equipment market will register a 6.9% CAGR in terms of revenue, which is expected to reach USD 19 million in 2026 from USD 12 million in 2019.
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EEG Equipment Market: Type Outlook
l Video EEG Equipment
l Dynamic EEG Equipment
l Conventional EEG Equipment
EEG Equipment Market: Application Outlook
l Hospitals
l Clinics
l Others
EEG Equipment Market: Region Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
Highlight: Key Trends of the Global EEG Equipment Market
Drivers and Constraints
l Rise in prevalence of brain disorders (seizures, dizziness, epilepsy, and brain tumors)
l Growing awareness about neurological diseases in developed and developing regions
l Increase in investment for advancement of healthcare
l key players increase mergers and acquisitions
l High cost of EEG devices
l Availability of alternative diagnostic techniques (CT, DTI, MRI, SPECT, and PET)
By 2026, North America will gain nearly 40% of the total EEG equipment market share
More than 50 million people in the United States suffer from allergies, making North America the world's largest market for allergy diagnostics. In terms of value, and occupied nearly 39% share of the global market in 2018. The U.S. bears USD 4.3 billion in annual cost to cater to the needs of 42.1 million allergic rhinitis patients and up to USD 0.71 billion in indirect costs due to 4.1 million missed working days. In order to curb such a heavy impact on the US economy, the government is taking some measures and implementing allergies and education programs. Besides, the US reimbursement policy includes most treatment procedures and tests related to allergy diagnosis and treatment through Medicare and Medicaid services. The allergy diagnostics market has driven considerable year-on-year growth rates, which in turn has driven global demand for EEG equipment. In addition, the medical device market has a direct impact on the growth of the brain electrical equipment market.
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Leading Company for Driving Industry development
The global Eeg Equipment market growth is also reliant on the development of active players in the industry, which are Nihon Kohden, Natus Medical, Natus Medical, Noraxon, EB NEURO, Cadwell Ind, NCC, NR Sign, SMICC, CONTEC, RMS, EGI, SYMTOP, Hunan Yi Ling, Stellate Systems, NeuroSky, and etc. The EEG Equipment market is very concerted market.The high-end products mainly come from USA and Europe. Nihon Kohden is the largest manufacturer; its revenue of global market roughly 29% in 2016.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Eeg Equipment Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of EEG Equipment Market by Types
4 Segmentation of EEG Equipment Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of EEG Equipment Market in Major Countries
7 North America EEG Equipment Landscape Analysis
8 Europe EEG Equipment Landscape Analysis
9 Asia Pacific EEG Equipment Landscape Analysis
10 Latin America, Middle East & Africa EEG Equipment Landscape Analysis
11 Major Players Profile
11.1 Nihon Kohden
11.1.1 Nihon Kohden Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Natus Medical
11.3 Noraxon
11.4 EB NEURO
11.5 Cadwell Ind
11.6 NCC
11.7 NR Sign
11.8 SMICC
11.9 CONTEC
11.10 RMS
11.11 EGI
11.12 SYMTOP
11.13 Hunan Yi Ling
11.14 Stellate Systems
11.15 NeuroSky
…
Key Stakeholders
EEG Equipment manufacturers
Technology providers
Traders, distributors, and resellers of EEG Equipment
EEG Equipment industry associations and research organizations
Product managers, EEG Equipment industry administrator, C-level executives of the industries
Healthcare organizations
Research & Clinical Laboratories
Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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