Medical Devices & Consumables / EEG-EMG Equipment Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Allengers Medical Systems Limited, Cadwell Industries Inc., Compumedics Limited, Electrical Geodesics Inc.
EEG-EMG Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Allengers Medical Systems Limited, Cadwell Industries Inc., Compumedics Limited, Electrical Geodesics Inc.
The global EEG-EMG Equipment market size is expected to grow from $768.51 million in 2021 to $1,792.1million in 2027 at a compound annual growth rate (CAGR) of 7.7%.
EEG-EMG Equipment Market Overview
Electroencephalography (EEG) and electromyography (EMG) are diagnostic procedures or tests used to examin or detect electrical activity in the brain using electrodes, as well as to assess the health of the muscles and the motor neurons that regulate them. The main purposes of an EEG are to diagnose and treat neurological illnesses, including epilepsy, as well as other conditions such brain tumors, strokes, brain damage, encephalopathy, and sleep disturbances. An EMG is performed for the diagnosis, treatment, and exclusion of a number of disorders, including those affecting the motor neurons in the brain and spinal cord, such as polio, amyotrophic lateral sclerosis, and muscular disorders such dystrophy, polymyositis, etc., as well as diseases impacting the link between the nerve and the muscle, such as myasthenia gravis, and diseases affecting the nerve root, such as herniated discs. Due to the non-invasive or minimally invasive nature of both EEG and EMG diagnostic techniques, there is a very low chance of subsequent consequences. Electrodes, amplifiers, photographic flash, computers, and software are a few of the main parts of EEG and EMG equipment. It is envisaged that EEG and EMG technology would play a crucial role in the treatment and management of serious and chronic illnesses.
Industry News and Updates:
May 12, 2020: Natus partners with Holberg EEG to advance the diagnosis of Epilepsy --
Natus Medical Incorporated (NASDAQ:NTUS) (the “Company” or “Natus”), a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, is excited to announce a partnership with Holberg EEG AS. The partnership will advance the development and distribution of an AutoSCORE algorithm to automate Electroencephalography (“EEG”) classifications and improve reporting efficiency.
What are the major Applications, Types and Regions for EEG-EMG Equipment Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
EEG Machine
EMG Machine
By Application, it is segmented into
Hospital
Home Care Facilities and Diagnostic Centers
Others
EEG-EMG Equipment Market Regional Analysis
North America now dominates the regional EEG equipment market. According to information released by the Centers for Disease Control and Prevention (CDC) in 2015, 3.4 million Americans have active epilepsy. The expansion of the EEG equipment market in North America is being driven by an increase in the prevalence of neurodegenerative diseases and technological advancements in the EEG equipment. According to the World Health Organization's (WHO) most recent research, 6 million people in Europe have epilepsy and seizures. The rapid expansion of diagnostic facilities is another factor driving the market for EEG equipment in Europe. During the forecasted period of 2021 to 2029, Asia Pacific is expected to have phenomenal growth. The primary drivers of growth are the increasing prevalence of mental illness and the development of healthcare infrastructure. For market leaders, opening EEG equipment-related retail stores and subsidiaries represents a significant market opportunity.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The EEG-EMG Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global EEG-EMG Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our EEG-EMG Equipment Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 7.7% over the forecast period (2022-2027)
By Type
EEG Machine
EMG Machine
By Application
Hospital
Home Care Facilities and Diagnostic Centers
Others
By Companies
Allengers Medical Systems Limited, Cadwell Industries Inc., Compumedics Limited, Electrical Geodesics Inc., General Electric Company, Masimo Corporation, Medtronic Plc, Natus Medical Incorporated, Nihon Kohden Corporation, Zynex Inc, Micromed, Cadwell, Neurosoft, NCC, Compumedics, Neuracle, Symtop, Medcom Technology, Poseidon Medical, Million, CONTEC, Solar Electronic Technology, RAINJET
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
115
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this EEG-EMG Equipment Market Report
Evaluate EEG-EMG Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the EEG-EMG Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of EEG-EMG Equipment Market?
The EEG-EMG Equipment Market is growing at a CAGR of 7.7% over the next 5 years.
Who are the key players in EEG-EMG Equipment Market?
Allengers Medical Systems Limited, Cadwell Industries Inc., Compumedics Limited, Electrical Geodesics Inc., General Electric Company, Masimo Corporation, Medtronic Plc, Natus Medical Incorporated, Nihon Kohden Corporation, Zynex Inc, Micromed, Cadwell, Neurosoft, NCC, Compumedics, Neuracle, Symtop, Medcom Technology, Poseidon Medical, Million, CONTEC, Solar Electronic Technology, RAINJET
What are the significant types of EEG-EMG Equipment Market?
EEG Machine, EMG Machine
What are the major end-use applications of EEG-EMG Equipment Market?
Hospital, Home Care Facilities and Diagnostic Centers, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.