Electroencephalography Devices Market, by Device Type (8-Channel EEG, 21-Channel EEG, 32-Channel EEG, 64-Channel EEG, and Others), by Modality (Standalone and Portable), by End User (Hospitals, Diagnostic Centers, and Others), and by Geography - Global Forecast to 2025

  • Published On : May 2018 |
  • Pages : 181 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Electroencephalography Market – Monitoring Functions of Brain

Electroencephalography, commonly termed as EEG, refers to a physiological method of choice that facilitates recording of electrical activity generated by the brain from electrodes placed on the surface of the scalp. The EEG measures electrical activity generated by the synchronized activity of thousands of neurons that helps to analyze the activated areas of brain at a particular instance. The EEG also acts as a helpful measure to diagnose various neurological disorders such as Alzheimer’s disease, dementia, epilepsy, autism by determining the malfunction produced in the normal electrical signal pattern. The neurons in the brain generate electrical impulses that fluctuate in a rhythmic and distinct pattern. The accuracy and price differences in the electroencephalography devices available in the market depends on the number of electrodes that are present in the crown of the EEG system. Systems with high number of electrodes provides high quality digitalization, better quality amplification, and higher number of snapshots taken by device per second as compared to systems with few electrodes. Electroencephalography can also be used as an important tool in assessment of patients suspected with brain death. EEG waveforms report immediate signals to remove the brain in case of transplantation and storage of the dead brain.

The global electroencephalography devices market was valued at US$ 704.4 million in 2016 and is expected to witness a robust CAGR of 7.0% over the forecast period (2017–2025).

Figure 1. Global Electroencephalography devices Market Value (US$ Mn), by Region, 2017

electroencephalography devices market

Source: Coherent Market Insights (2018)

Factors such as increasing prevalence of neurological disorders and technological advancements in EEG systems due to product innovation is expected to significantly contribute to growth of the electroencephalography devices market. According to the Lancet 2014, neurological disorders is one of the most important cause of disability and mortality worldwide. Electroencephalography devices have wide application in neuro-diagnostic procedures and remote brain monitoring for several diseases and medical conditions. For instance, according to the Centers of Disease Control & Prevention (CDC), traumatic brain injury led to around 2.8 million emergency department visits, deaths, and hospitalizations in the U.S., in 2013. According to the World Health Organization, 2016, over 50 million people across the globe suffer from epilepsy, whereas around 47.5 million people suffered with dementia and around 7.7 million new cases are reported each year. Moreover, Need for brain mapping and brain function monitoring in critical conditions is increasing and therefore, technological advancements are being implemented in the design of Electroencephalography systems. For instance, in September 2016, BrainScope Company, Inc. received FDA clearance for the first handheld medical device named ‘BrainScope One’ for assessment of the full spectrum of Traumatic Brain Injury (TBI) that was developed in partnership with U.S. department of defense, offering clinicians a comprehensive panel of data to assist in their diagnosis of the full spectrum of TBI. However, high costs associated with the advanced EEG acquisition systems makes these systems unaffordable for medical settings in the emerging and rural areas due to low medical expenditure budget and is thus responsible for hindering the market growth.

Among region, North America holds the dominant position in the global electroencephalography devices market. This is attributed to rapid development and launch of novel EEG devices and systems by key players in the market. For instance, in October 2015, Brain Products GmbH, a U.S.-based company introduced LiveAmp, an ultra-lightweight wearable amplifier that allows the users to store data internally without any mobility limitations. U.S.-based manufacturers are also incorporating Artificial Intelligence (AI) technology in their devices so as to make the systems smarter and reduce expertise requirement for their operation. For instance, in March 2017, EEG Enterprises introduced Lexi, a new cloud hosted service that connects the company’s existing EEG workflows with speech recognition technology.

Asia Pacific is expected to exhibit highest growth over the forecast period, owing to the increasing number of Asia-based companies entering into the international markets is expected to enhance the regional growth. For instance, in November 2017, Nihon Kohden Corporation, Japan-based medical device company, started a new sales branch in Kenya with an aim to expand its sales in the East Africa, as a part of its strategic business expansion. Moreover, the authorities in countries are easing regulations and guidelines of medical devices to increase the export of devices from the region, is in turn, boosting market growth. For instance, in January 2013, Japanese government officially declared easing of regulations and manufacturing guidelines for medical equipment to leverage the medical companies for increasing their production scales and invent revolutionary medical devices that can be valued significantly in the international markets.

Market players are engaged in innovative product launches to sustain their position in the global electroencephalography devices market

Key players in the market are focused on expansion of their presence through launch of new product lines in emerging economies. For instance, in September 2016, BrainScope Company, Inc. received FDA clearance for the first handheld medical device for the assessment of full spectrum of traumatic brain injury. This device was developed in partnership with the U.S. department of defense, to offer a comprehensive panel of data to clinicians that would assist in the diagnosis of the full spectrum of TBI. Moreover, in October 2015, Brain Products GmbH conducted official market launch of LiveAmp, an ultra-lightweight, wireless wearable amplifier that allows internal data storage without any mobility limitations. The system serves to be an ideal brain activity analyzer for applications in sports injuries, sleep state monitoring, and cognitive research.

Key players operating the global electroencephalography devices market include Natus Medical, Inc., BrainScope Company, Inc., Medtronic Plc, NeuroWave Systems, Inc., Compumedics Limited, Electrical Geodesics, Inc., Cadwell Industries, Inc., Jorden Neuroscience, Inc., and others.

Electroencephalography is one of the most commonly employed techniques used for recording electrical activity generated by the human brain. EEG devices are often used as a first line method of diagnosis of various neurological disorders such as strokes, tumors, and coma. The process of electroencephalography is typically non-invasive, involving placement of multiple electrodes on the scalp to measures voltage fluctuations arising from ionic current induced by the neurons of the brain. According to American Association of Electro-diagnostic Medicine 2012, between 10 and 25 million EEG tests are performed per year in the U.S.

Market Dynamics

Electroencephalography devices are used in a wide range of medical applications, including mental retardation, sleep disorders, tumors, epilepsy, strokes, and brain damages. This in turn, is increasing the number of diagnostic and treatment monitoring procedures across the world, thus augmenting growth of the global electroencephalography devices market. For instance, according to the World Health Organization, 2018, epilepsy is one of the most common chronic neurological disorders affecting around 50 million people across the world. Moreover, according to the National Institute of Neurological Disorders & Stroke, 2016, around 795,000 people suffer from stroke each year in the U.S., which increases the demand for hospital admission for remote neuro-monitoring. However, the high cost and complex functioning of these devices make them unaffordable and non-feasible to be used at small medical set-ups, thus causing a hindrance to the market growth.

Key features of the study:

  • This report provides in-depth analysis of electroencephalography devices market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global electroencephalography devices market based on the following parameters – company overview, product description, key highlights, financial overview, and strategies
  • Key companies covered as a part of this study includes Natus Medical, Inc., BrainScope Company, Inc., Medtronic Plc, NeuroWave Systems, Inc., Compumedics Limited, Electrical Geodesics, Inc., Cadwell Industries, Inc., and Jorden Neuroscience, Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global electroencephalography devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the electroencephalography devices market

Detailed Segmentation:

  • Electroencephalography Devices Market, By Device Type:
    • 8-Channel EEG
    • 21-Channel EEG
    • 32-Channel EEG
    • 64-Channel EEG
    • Others
  • Electroencephalography Devices Market, By Modality:
    • Standalone
    • Portable
  • Electroencephalography Devices Market, By End User:
    • Hospitals
    • Diagnostic Centers
    • Others
  • Electroencephalography Devices Market, By Region:
    • North America
      • By Device Type:
        • 8-Channel EEG
        • 21-Channel EEG
        • 32-Channel EEG
        • 64-Channel EEG
        • Others
      • By Modality
        • Standalone
        • Portable
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Others
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Device Type:
        • 8-Channel EEG
        • 21-Channel EEG
        • 32-Channel EEG
        • 64-Channel EEG
        • Others
      • By Modality
        • Standalone
        • Portable
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Device Type:
        • 8-Channel EEG
        • 21-Channel EEG
        • 32-Channel EEG
        • 64-Channel EEG
        • Others
      • By Modality
        • Standalone
        • Portable
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Others
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Device Type:
        • 8-Channel EEG
        • 21-Channel EEG
        • 32-Channel EEG
        • 64-Channel EEG
        • Others
      • By Modality
        • Standalone
        • Portable
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Device Type:
        • 8-Channel EEG
        • 21-Channel EEG
        • 32-Channel EEG
        • 64-Channel EEG
        • Others
      • By Modality
        • Standalone
        • Portable
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Device Type:
        • 8-Channel EEG
        • 21-Channel EEG
        • 32-Channel EEG
        • 64-Channel EEG
        • Others
      • By Modality
        • Standalone
        • Portable
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Others
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Natus Medical, Inc. *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • BrainScope Company, Inc.
    • Medtronic Plc
    • NeuroWave Systems, Inc.
    • Compumedics Ltd
    • Electrical Geodesics, Inc.
    • Cadwell Industries, Inc.
    • Jordan Neurosciences, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Device Type
      • Market Snippet, By Modality
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Evolution of EEG Recorder System
    • Key Highlights
    • Product Recalls
    • Awareness Initiatives
    • PEST Analysis
    • Epidemiology
  4. Global Electroencephalography Devices Market, By Device Type, 2015 – 2025, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016 – 2025
      • Segment Trends
    • 8-Channel EEG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • 21-Channel EEG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • 32-Channel EEG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • 64-Channel EEG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
  5. Global Electroencephalography Devices Market, By Modality, 2015 – 2025, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016 – 2025
      • Segment Trends
    • Standalone
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • Portable
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
  6. Global Electroencephalography Devices Market, By End User, 2015 – 2025, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016 – 2025
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • Diagnostic Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
  7. Global Electroencephalography Devices Market, By Region, 2015 – 2025, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, Region, 2016 – 2025
    • North America
      • Market Size and Forecast, By Device Type, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Modality, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Device Type, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Modality, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Device Type, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Modality, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Device Type, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Modality, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of APAC
    • Middle East
      • Market Size and Forecast, By Device Type, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Modality, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Device Type, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Modality, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
      • Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
        • South Africa
        • Central Africa
        • North Africa
  8. Competitive Landscape
    • Company Profiles
      • Natus Medical, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • BrainScope Company, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • Medtronic Plc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • NeuroWave Systems, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • Compumedics Limited
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • Electrical Geodesics, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • Cadwell Industries, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
      • Jordan Neurosciences, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategies
  9. Section
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 42 market data tables and 44 figures on "Electroencephalography Devices Market - Global forecast to 2025”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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