Global EEG Electrodes Market - Introduction
Electroencephalography (EEG) electrode is a medical device used to record the electrical activity of the brain. EEG electrode gained traction as a method to record neurophysiological reaction in the second decade of the 20th century. There has been slight variation in the physical principles that support the signal acquisition probes, also called EEG electrodes. New technological developments have brought new surprising areas of applications apart from clinical ones, where fresh elements such as gel-free operation and usability are top priorities.
Global EEG Electrodes Market - Competitive Landscape
Founded in 1949, Medtronic is a diversified medical devices company, engaged in the manufacture of a range of medical devices and technologies. The company develops and markets products and therapies in the area of cardiac rhythm disorders, cardiovascular diseases, minimally invasive surgical products, neurological disorders, spinal conditions, and diabetes. It operates through four business divisions: cardiac & vascular group, minimally invasive therapies group, restorative therapies group, and diabetes group.
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Incorporated in 1970, CONMED Corporation is a global medical technology company that develops, manufactures, and markets surgical and patient-monitoring devices for minimally invasive procedures. The company’s products and technologies are extensively used in medical specialties such as orthopedics, laparoscopy, robotic & open surgery, gastroenterology & pulmonology, cardiology, and critical care. CONMED Corporation operates through three business segments: orthopedic surgery, general surgery, and surgical visualization. It operates the non-vascular stents business under the general surgery business segment.
Key players operating in the global EEG electrodes market include 3M, Medtronic, GE Healthcare, Johnson & Johnson, GSI Technologies, Olympus Corporation, CONMED Corporation, Eschmann Equipment, Graphic Controls, Tianrun Medical, B. Braun, and Stryker.
Global EEG Electrodes Market - Dynamics
Increase in demand for EEG electrodes
Physicians highly rely on EEG video and EEG procedures to diagnose psychogenic non-epileptic seizures (PNES) and paroxysmal events and neonatal seizures, respectively. They also monitor the cognitive health and sleep quality of the patients using EEG electrodes. Increase in demand for EEG procedures for the diagnosis of neurological diseases and other chronic diseases is projected to boost the growth of the global EEG electrodes market during the forecast period.
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Rise in demand for dry electrodes
Dry electrodes are gaining traction because in wet AgCl electrodes these do not require electrolyte gels. This helps in preventing skin dermatitis and skin irritation and reducing the setup time. Hence, demand for dry electrodes is anticipated to increase during the forecast period and have a beneficial effect on the general development of the industry.
Global EEG Electrodes Market - Segmentation
The global EEG electrodes market can be segmented based on:
- Product Type
Global EEG Electrodes Market, by Product Type
In terms of product type, the global EEG electrodes market can be divided into:
- Needle Electrodes
- Patch Electrodes
Global EEG Electrodes Market, by Application
Based on application, the global EEG electrodes market can be classified into:
- Diagnostic Electrodes
- Therapeutic Electrodes
- Other Electrodes
Global EEG Electrodes Market, by End-user
In terms of end-user, the global EEG electrodes market can be segregated into:
- Academic & Research Institutes
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