Electroencephalography (EEG) Devices Market Worth $1,264.0 Million By 2029 | CAGR: 7.2 %

The global electroencephalography (EEG) devices market size is expected to reach USD 1,264.0 million by 2029 according to a new study published by Polaris Market Research. The report “Electroencephalography (EEG) Devices Market Share, Size, Trends, Industry Analysis Report, By Modality (Portable, Standalone); By Application (Trauma & Surgery, Disease Diagnosis, Anesthesia Monitoring, Sleep Monitoring, Others); By Product; By End-Use; By Regions; Segment Forecast, 2022 - 2029” provides deep dive insights on the current market dynamics and gives a detailed analysis on future growth trends of this market.

Electroencephalography (EEG) is an electronic instrument that measures brain electrical impulses. Over time, an EEG device measures the fluctuating electrical signals produced by the activity of large groups of neurons near the brain's surface. They work by detecting minor electrical current variations between the skin and the sensor electrode, increasing the current, and filtering it, such as bandpass filtering.

The global burden of neurological illnesses is increasing. Governments will meet the increased need for treatment, rehabilitation, and support services for neurological illnesses as populations grow and age, and the prevalence of severe neurological disorders rises sharply with age. Therefore, the demand for electroencephalography (EEG) devices is increasing as EEG devices are used to diagnose neurological diseases.

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In the global electroencephalography devices market, North America has a major market share. The rising prevalence of various sleep and neurological illnesses, as well as insurance accessibility, are important factors driving regional expansion. Furthermore, the presence of well-developed healthcare infrastructure in this region, as well as a robust distribution and sales network of top vendors, is expected to fuel growth.

Some of the major players operating in the market are BrainScope Company Inc., Cadwell Laboratories, Inc., Bio-Signal Group Corp., Cephalon A/S, Electrical Geodesics, Inc., Elekta AB, NeuroScience Inc., Compumedics Ltd., Koninklijke Philips, Medtronic, Natus Medical, Inc., Neurosoft Ltd., Lifelines Neurodiagnostic Devices Inc., NeuroWave Devices, Inc., Nihon Kohden America, Inc.

Polaris Market Research has segmented the electroencephalography (EEG) devices market report on the basis of modality, product, application, end-use, and region: 

Electroencephalography (EEG) Devices Modality Outlook (Revenue, USD Million, 2017 - 2029)

• Portable
• Standalone

Electroencephalography (EEG) Devices Application Outlook (Revenue, USD Million, 2017 - 2029)

• Trauma & Surgery
• Disease Diagnosis
• Anesthesia Monitoring
• Sleep Monitoring
• Others

Electroencephalography (EEG) Devices Product Outlook (Revenue, USD Million, 2017 - 2029)

• 8-channel EEG
• 21-channel EEG
• 25-channel EEG
• 32-channel EEG
• 40-channel EEG
• Multichannel EEG
• Others

Electroencephalography (EEG) Devices End-Use Outlook (Revenue, USD Million, 2017 - 2029)

• Hospitals
• Clinics
• Diagnostic Centers
• Research Laboratories
• Others

Electroencephalography (EEG) Devices Regional Outlook (Revenue, USD Million, 2017 - 2029)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Austria
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Israel
  • UAE