Published: May, 2019

Transparency Market Research (TMR) report elucidates the competitive and fragmented global EEG and EMG equiment market. Some of the key players in the global EEG and EMG equipment Masimo Corporation, Nihon kohden Corporation, Electrical Geodesics Inc.,Natus Medical Incorporated, and Cadwell Industries. These key companies dominate the global market. They are keen on penetrating into developing economies. To improve their market presence, they may enter into merger and acquisition and capture the competitive edge.        

 Electroencephalography (EEG) and Electromyography (EMG) are devices that are used in neurophysiology field. This helps physicians examine the functions of central and peripheral nervous system like muscular system. These devices are used to know the advancement of diseases such as sleep disorder, epilepsy, cognitive and neurological care. The global EEG and EMG equipment market is projected to grow at a CAGR of 7.4% during the forecast period.     The market revenue was valued at US$ 1.3 bn in 2015 and it is estimated to increase to US$2.3 bn by the end of the forecast period 2018 to 2026. 

Geographically, North America has been dominating the global EEG and EMG equipment market. It is expected to continue its rule over the global market. The rising geriatric population and increasing numbers of neurological disorder are supposed to expand the global EEG and EMG equipment market. EEG segment is foretold to witness a phenomenal growth during the forecast period. These are used by neurodiagnostic centers, and hospitals due to their capability of producing accurate and effective results. global eeg emg equipment market

Geriatric Population to Fuel Growth 

Rising geriatric population will increase the demand for EEG and EMG devices. Geriatric population encounters several brain related disorder such as neuron disorder. Such devices help in probing the functions of central and peripheral system. Therefore, the increasing geriatric population has been projected to drive the global EEG and EMG equipment market. Moreover, these devices help in treating Parkinson diseases which is also expected to expand the global EEG and EMG equipment market. 

Additionally, increasing pediatric neurological disorder is also expected to boost the growth. Increasing incidences of brain tumor, epilepsy, and spinal degenerative disorders are projected to expand the global EEG and EMG devices market. Increasing awareness about such disorders and funding for research and development are also supporting the market growth. Thus, the global EEG and EMG equipment market is expected to grow at a fast pace during the forecast period. 

Technology to Boost Demand 

Innovation of technologically advanced devices with innovative benefits such as high precision, ease in handling, and monitoring abilities with lesser user intervention augments the global EEG and EMG devices market. Rising demand for hybrid BCI imaging techniques is also foretold to drive the market. This technique where two or more modalities are combined together in brain imaging and prosthesis control. This technique offers an array of benefits as compared to single modality. Thus, the global EEG and EMG Equipment market is projected to swell up at a good rate during the forecast period. 

Stringent regulations, high cost and lack of trained professionals hinders the growth of the global EEG and EMG equipment market. Regardless of such constraints, there has been increase in demand for EEG and EMG devices. Thus, the global EEG and EMG market is likely to witness a stellar growth during the forecast period. 

The above review is based on a TMR report, titled,” EEG-EMG Equipment Market (Product - Electroencephalography and Electromyography; End User - Hospitals, Ambulatory Surgical Centers, Research Institutes, Homecare Settings and Diagnostic Centers; Modality - Standalone and Portable) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 

The global EEG and EMG equipment market is divided into

 Product

  • Electroencephalography
  • Electromyography 

Modality

  • Standalone
  • Portable 

End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Research Institutes
  • Diagnostic Centres
  • Homecare Settings 

Region

  • North America
  • U.S.
  • Canada 
  • Europe
  • Germany
  • U.K.
  • Russia
  • Italy
  • France
  • Spain
  • Rest of Europe 

Asia Pacific

  • Japan
  • India

China

Australia and New Zealand

Rest of Asia Pacific 

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America 

Middle East and Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. 

US Office Contact

90, State Street, Suite 700
Albany, NY 12207
Tel- +1- 518-618-1030
USA- Canada Toll free 866- 552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.comand

 

.