Electroencephalography Device Market worth 4.8% CAGR by 2027
" COVID-19 impact on electroencephalography device market, size, share, growth, industry analysis, and forecast 2021-2027 "
Electroencephalography devices are used to perform brain wave tests on patients for the diagnosis of diseases, monitor their sleeping patterns and other activities. This brain wave test is a non-invasive test and is referred to as an electroencephalogram. The test is performed by putting the electrodes on the scalp to perceive the brain's electrical activity. However, this electrical activity of the brain is very low and needs amplification which is achieved by the amplifier in the device.
The benefit of EEG measurement is that it is the least invasive measure of brain activity and offers a lot of quantitative data during relevant cognitive processes. There has been the advent of portable EEGs wherein brain signals can be digitized and forwarded to a recording machine, such as a computer, smartphone, or the cloud. Cloud-computing software is deemed to be a vital innovation in EEG data processing, as it enables the real-time analysis of recordings at scale. EEG caps are wearable EEG devices, which can support more sensors, as they have a bigger surface area for electrode placement. With enhanced advantages over other brain imaging techniques, EEG devices provide a robust place within the diagnostic spectrum. The added technological features have fostered the electroencephalography devices market growth.
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Furthermore, the rising expenditure in the healthcare sectors across the world and untapped markets are creating major opportunities for the electroencephalography devices market growth.
The Electroencephalography Devices Market research report titled “Electroencephalography Device Market by Product, Type, End-use, and Geography - Forecast up to 2027”
The key players in the competitive landscape of the electroencephalography device market are Cadwell Industries Inc., EMS Handels Gesellschaft mbH, Bio-Signal Group Corp., NeuroWave Systems Inc., and Natus Medical Incorporated.
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North America region commanded the global market for electroencephalography devices and is projected to maintain its dominance. The increasing occurrence of neurological diseases, accessibility to technologically advanced equipment, and presence of well-developed healthcare infrastructure are factors that have increased the demand for electroencephalography devices in North America.
The report consists of 95 Tables and 65 charts depicting the in-depth market study and the impact analysis of COVID-19.
Electroencephalography Device Market based on Product
- 8-channel EEG
- 21-channel EEG
- 25 channel EEG
- 32-channel EEG
- 40-channel EEG
- Multi-channel EEG
Electroencephalography Device Market based on Type
- Standalone devices
- Portable devices
Electroencephalography Device Market based on End Use
- Diagnostic Centers
Electroencephalography Device Market based on Geography
- North America
- Asia Pacific
- Rest of the World