Global Electroencephalography Devices Market is Growing with CAGR of 4.9% in the Forecast Period of 2021 to 2028

The electroencephalography devices industry will relinquish an approximated estimate at a frequency of 4.9% for the projection space of 2021 to 2028 with factor such as increasing prevalence of neurological disorders. Rising awareness about neurological disorders also acts as a major factor for the growth of the electroencephalography devices market. Rising adoption of electroencephalography (EEG) devices and increasing technological advancement have also given a boom to the global electroencephalography devices market. 

Strategic initiatives by the companies have propelled the demand of the electroencephalography devices market. However, high cost of complex brain monitoring devices and procedures used in trauma surgery, sleep monitoring and diseases diagnosis have decreased the demand of the electroencephalography devices market.  

Electroencephalography Devices Market Scenario                    

According to Data Bridge Market Research, the market for electroencephalography devices in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Medtronic which accounts an estimated market share of approximately 20% to 23% globally. The company has gained outstanding sales by providing wide range of electroencephalography devices products as well as by using various strategies to market products. 

  • In November 2020, Medtronic announced that it has been ranked as one of the leading firms for sustainability by the Dow Jones Sustainability North America Index (DJSI North America). This recognition received by the company has increased its credibility in the market leading to increased demand for its product in the market.

Electroencephalography Devices Market

Trends Impacting the Electroencephalography Devices Market  

Now the question is which other regions Medtronic, NIHON KOHDEN CORPORATION and Masimo are targeting? Data Bridge Market Research has forecasted a large growth in North America electroencephalography devices market and the market leaders targeting the U.S. and Canada to be their next revenue pockets for 2021.

The electroencephalography devices market is becoming more competitive with companies such as Medtronic, NIHON KOHDEN CORPORATION and Masimo. These are the top dominating companies in electroencephalography devices market and are launching more new products in the market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global electroencephalography devices market.

For more analysis on the global electroencephalography devices market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-electroencephalography-devices-market

New Electroencephalography Devices Market Development

  • In January 2020, Medtronic announced that it has been ranked two in the FORTUNE’s 2020 World’s Most Admired Companies List. This recognition received by the company has increased its credibility in the market leading to increased demand for its product in the market.

Scope of the Global Electroencephalography Devices Market

Global electroencephalography devices market is segmented on the basis of countries into the U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, rest of Middle East and Africa, Brazil, Argentina and rest of South America.

  • All country based analysis of the global electroencephalography devices market is further analyzed based on maximum granularity into further segmentation. On the basis of product type, the electroencephalography devices market is segmented into devices, accessories and consumables. On the type, the electroencephalography devices market is segmented into portable, standalone and wearable. On the basis of usability, the electroencephalography devices market is segmented into disposable, semidisposable and reusable. On the basis of procedure, the electroencephalography devices market is segmented into routine EEG, sleep-deprived EEG, ambulatory EEG and others. On the basis of function, the electroencephalography devices market is segmented into standard EEG, ambulatory EEG and video EEG. On the basis of signal frequency, the electroencephalography devices market is segmented into delta (3 Hz or below), theta (3.5 to 7.5 Hz), alpha (7.5 and 13 Hz) and beta (14 and greater Hz). On the basis of filtering settings, the electroencephalography devices market is segmented into low frequency filter (1 Hz), high frequency filter (50-70 Hz), notch filter and bandpass filter. On the basis of age group, the electroencephalography devices market is segmented into pediatric, adult and geriatric. On the basis of application, the electroencephalography devices market is segmented into disease diagnosis, sleep monitoring, anesthesia monitoring, trauma & surgery and others. On the basis of end user, the electroencephalography devices market is segmented into hospitals, neurology centers, ambulatory surgical centers, diagnostic centers, academic and research organizations and others. On the basis of distribution channel, the electroencephalography devices market is segmented into direct tender and retail sales.

To know more about the study https://www.databridgemarketresearch.com/reports/global-electroencephalography-devices-market

 Key Pointers Covered in Global Electroencephalography Devices Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market Value and Over View of Electroencephalography Devices
  • Company Profiling of Top Eight Players of Electroencephalography Devices Market

Key Market Competitors Covered in the Report

  • Cadwell Industries Inc.
  • Compumedics Limited
  • NeuroWave Systems Inc.
  • Natus Medical Incorporated
  • Medtronic
  • NIHON KOHDEN CORPORATION
  • NeuroSky
  • Bio-Signal Group Corp.
  • Elekta AB
  • Lifelines Neuro
  • Neurosoft S.A.
  • EMS Handels Gesellschaft mbH
  • Jordan NeuroScience, Inc.
  • BrainScope Company Inc.
  • Advanced Brain Monitoring, Inc.
  • EB Neuro S.p.A.
  • g.tec medical engineering GmbH Austria
  • Bitbrain Technologies
  • Electrical Geodesics, Inc.
  • Masimo
  • ELMIKO MEDICAL sp. Z oo
  • Micromed

Above are the key players covered in the report, to know about more and exhaustive list of electroencephalography devices companies’, contact us https://www.databridgemarketresearch.com/reports/global-electroencephalography-devices-market

Research Methodology: Global Electroencephalography Devices Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturers, Healthcare Industry, Scientists and Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.

Related Reports

Browse in Healthcare Category Related Reports@ https://www.databridgemarketresearch.com/report-category/healthcare/