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Growth in Neurological Diseases will drive the Global Electroencephalography Systems/Devices Market in the Forecast Period of 2021-2026

Growth in Neurological Diseases will drive the Global Electroencephalography Systems/Devices Market in the Forecast Period of 2021-2026 3

 

 

The new report by Expert Market Research titled, ‘Global Electroencephalography Systems/Devices Market Report and Forecast 2021-2026’, gives an in-depth analysis of electroencephalography systems/devices market, assessing the market based on its segments like products, portability, end-use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Growth in Neurological Diseases will drive the Global Electroencephalography Systems/Devices Market in the Forecast Period of 2021-2026 4

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/electroencephalography-systems-devices-market/requestsample

 

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 921 Million
  • Forecast CAGR (2021-2026): 9.4%

Increasing prevalence and awareness of neurological disorders are the key factors for the growth of the market all across the globe. Chronic diseases such as Alzheimer’s, epilepsy, dementia, multiple sclerosis, Parkinson’s illness, and stroke have high incidence rates and the prevalence is increasing at a substantial rate. Therefore, it has increased the demand for electroencephalography (EEG) devices. Moreover, the high adoption of 32-channel EEG products by the healthcare professions due to their technological advancements is also a major reason for the market growth.

Industry Definition

Electroencephalography devices records and measures human brain-generated electrical activity and is used in clinical neurophysiology. It can also diagnose other issues connected with inappropriate brain or central nervous system. It includes coma, confusion, stroke, and tumours, among others along with issues such as epilepsy and seizures.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/electroencephalography-systems-devices-market

By product, the market is segmented into:

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

The market, based on application, can be studied into:

  • Standalone Devices
  • Portable Devices

Based on End-Use, the market is further divided into

The regional markets for the Global Electroencephalography Systems/Devices Market can be separated into:

  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Other
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Other
  • The Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others

Market Trends

The standalone device holds a major market share due to application in EEG form however, portable devices are expected to witness a lucrative growth rate during the forecast period. The ease of accessibility and better patient convenience will be some of the foremost reasons for the segmental growth. By region, Asia-Pacific is expected to witness a substantial growth rate owing to increasing awareness related to diseases, increasing healthcare expenditure, and rising medical tourism. The US will hold a substantial market share among all countries in the world.

Key Market Players

The major players in the market include Compumedics Ltd., Natus Medical, Inc., Electrical Geodesics, Inc., Medtronic, NeuroWave Systems, Inc., Noraxon U.S.A., Inc., Cadwell Laboratories, Inc., Nihon Kohden America, Inc. among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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