Global Electroencephalography (EEG) Devices Market, 20152021

Persistence Market Research

Global EEG Devices Market is Expected to

Reach US$ 1,379.7 Mn by 2021 : Persistence
Market Research

Persistence Market Research

Global Electroencephalography (EEG) Devices Market, 20152021

Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research Global Market Study on
Electroencephalography (EEG) Devices: Increased Demand for Advanced Imaging
Techniques for Brain Monitoring Has Led to Proliferation of EEG Devices in Recent
Years, the global EEG devices market was valued at US$ 879.0 Mn in 2014. The market is
further expected to expand at a CAGR of 6.8% during the forecast period (20152021) to
reach US$ 1,379.7 Mn by 2021.

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EEG device is used to perform brain monitoring, which includes recording activities of the
brain cortex and reflecting the state of the brain. EEG offers a portable and easy way of
monitoring brain activities with classification algorithms and signal processing in a suitable
manner. Increasing R&D activities by international and regional players to introduce efficient
EEG devices is leading to competitiveness in the market. This is expected to further fuel
market growth during the forecast period.

Presently, the global EEG devices market is mainly driven by factors such as increasing the
incidence of neurological disorders, product line development, and growing healthcare
expenditure. However, factors such as lack of professionally trained personnel, availability of
substitutes, and weak spatial resolution offered by EEG are expected to restrain the growth
of the market to a certain extent.

In terms of revenue share contribution, North America is expected to dominate the global
EEG devices market during the forecast period. However, Asia-Pacific market is expected to
record highest CAGR during the forecast period. The EEG devices market in Asia Pacific is
anticipated to grow from US$ 152.2 Mn in 2014 to US$ 259.5 Mn by 2021.

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Key players profiled in the global EEG devices market report include Cadwell Laboratories
Inc., Compumedics Limited, EB Neuro S.P.A, Elekta A.B., Electrical Geodesics Inc., Natus
Medical Inc., Neurowave Systems Inc., Neurosoft Ltd., BrainScope Company Inc., Lifelines

Persistence Market Research

Global Electroencephalography (EEG) Devices Market, 20152021

Neurodiagnostic Systems Inc., Bio-Signal Group Corp., Jordan NeuroScience Inc., and Nihon
Kohden Corp.

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The global EEG Devices market is segmented as follows:

By Product Type:

8-channel EEG

21-channel EEG

25-channel EEG

32-channel EEG

40-channel EEG

Multi-channel EEG

By Modality:

Portable Devices

Standalone (Fixed Devices)

By End Use:

Hospitals

Diagnostic Centers

By Region:

North America

Latin America

Persistence Market Research

Global Electroencephalography (EEG) Devices Market, 20152021

Europe

Asia Pacific

The Middle East and Africa

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Market History:
Electroencephalography is a technique to record electrical activity generated by the human
brain. Other problems associated with improper functioning of the brain, which can be
diagnosed using EEG devices include coma, confusion, stroke, and tumors, among others.
Growing demand for efficient brain monitoring devices is driving product innovation and
bolstering the growth of the global EEG devices market during the forecast period (2015
2021). Among various modalities available, ambulatory or portable EEG is expected to
emerge as a potentially viable area for companies operating in the EEG devices market. This
is attributed to ease of accessibility and high patient comfort offered during the procedure
through this modality.

The global EEG devices market was valued at US$ 879.0 Mn in 2014 and is expected to
expand at a CAGR of 6.8% during the forecast period. During the latter years of the forecast
period, global EEG devices market growth is expected to witness a surge, mainly attributed

Persistence Market Research

Global Electroencephalography (EEG) Devices Market, 20152021

to increase in investments by device manufacturers to cater to rising demand for brain
monitoring devices across the globe.

The global EEG devices market is segmented on the basis of product type, modality, and end
use. On the basis of product type, the market is segmented into 8-channel EEG, 21-channel
EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, and multi-channel EEG. On the basis
of modality, the market is segmented into portable devices and standalone (fixed) devices.
By end use, the market is segmented into hospitals and diagnostic centers.

Geographically, the global EEG devices market segmentation covers North America, Latin
America, Europe, Asia-Pacific, and the Middle East and Africa. The EEG devices market in
Asia Pacific was valued at US$ 152.2 Mn in 2014 and is expected to increase to US$ 259.5
Mn by 2021. Increasing demand for diagnosis of critical disorders such as epilepsy, which
has increased significantly in recent years, has influenced companies to focus on the
development of such devices.

The prominent players in the global EEG devices market, covered in this report are Cadwell
Laboratories Inc., Compumedics Limited, EB Neuro S.P.A, Elekta A.B., BrainScope Company
Inc., Electrical Geodesics Inc., Natus Medical Inc., Lifelines Neurodiagnostic Systems Inc.,
Neurowave Systems Inc., Bio-Signal Group Corp., Jordan NeuroScience Inc., Neurosoft Ltd.,
and Nihon Kohden Corp.

Persistence Market Research

Global Electroencephalography (EEG) Devices Market, 20152021

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