Technavio has been monitoring the electroencephalography (EEG) devices market and it is poised to grow by $ 886.40 mn during 2020-2024, progressing at a CAGR of about 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Electroencephalography (EEG) Devices Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BrainScope Co. Inc., Cadwell Industries Inc., Compumedics Ltd., Elekta AB, Koninklijke Philips NV, Medtronic Plc, Natus Medical Inc., NeuroWave Systems Inc., Nihon Kohden Corp., and SIGMA Medizin-Technik GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing prevalence of neurological disorders has been instrumental in driving the growth of the market. However, the high cost of EEG devices and procedures might hamper the market growth.

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Electroencephalography (EEG) Devices Market 2020-2024: Segmentation

Electroencephalography (EEG) Devices Market is segmented as below:

  • Product
    • Stationary EEG Devices
    • Portable EEG Devices
  • Geography
    • North America
    • Europe
    • APAC
    • ROW

Electroencephalography (EEG) Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The electroencephalography (EEG) devices market report covers the following areas:

  • Electroencephalography (EEG) Devices Market Size
  • Electroencephalography (EEG) Devices Market Trends
  • Electroencephalography (EEG) Devices Market Industry Analysis

This study identifies the growing demand for EEG procedures as one of the prime reasons driving the electroencephalography (EEG) devices market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Electroencephalography (EEG) Devices Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist electroencephalography (EEG) devices market growth during the next five years
  • Estimation of the electroencephalography (EEG) devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the electroencephalography (EEG) devices market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electroencephalography (EEG) devices market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Stationary EEG devices - Market size and forecast 2019-2024
  • Portable EEG devices - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-users

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers – Demand led growth
  • Volume drivers – External factors
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BrainScope Co. Inc.
  • Cadwell Industries Inc.
  • Compumedics Ltd.
  • Elekta AB
  • Koninklijke Philips NV
  • Medtronic Plc
  • Natus Medical Inc.
  • NeuroWave Systems Inc.
  • Nihon Kohden Corp.
  • SIGMA Medizin-Technik GmbH

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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