North America EEG Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, and Multi-channel EEG); Application (Sleep Disorders, Neuroscience, Head Trauma, Brain Tumours, and Others); Device Type (Standalone Devices, and Portable Devices); End User (Hospitals & Clinics, Diagnostic Centres, Academic & Research Institutes, and Research Centres)
Market Introduction
Electroencephalography (EEG) is the study of electrical brain action along with the scalp. With the help of multiple electrodes placed on the head, the EEG equipment examines voltage fluctuations resulting from ionic current flows in the brain's neurons. EEG is among the most stable and predicative pointers when analysing human cognition, evaluating a subject's health condition, or observing their mental state. EEG is widely used to detect epilepsy. Moreover, the device is used to identify sleep disorders, coma, anaesthesia, encephalopathies, and brain death. The device is utilized for the diagnosis of tumours, stroke, and other brain ailments.
Thus, the significantly rising elderly population is expected to create a significant demand for EEG devices in the coming years, which is further anticipated to drive the EEG devices market.
Due to coronavirus spreading, many cities are shutting down, causing treatments and doctors/surgeons appointment cancellations. The patients suffering from critical surgeries such as spinal surgery, neurosurgery, and ENT surgery need physical awareness and need to implement procedures in the clinics. The procedure includes Intraoperative Neuromonitoring by systems, services, and accessories. Moreover, companies are also focused on manufacturing COVID diagnostics and related products. For instance, in June 2020, Ceribell Inc., a Mountain View, Calif.-based startup, deployed its cloud-linked, portable electroencephalogram (EEG) device to enable EEG assessments in minutes in emergency rooms and intensive care units. The Rapid Response EEG system is used in the Montefiore Health System in New York and at Northwell Health’s North Shore University Hospital, providers at the epicenter of the US COVID-19 crisis. Also, in April 2020, Fresenius Medical Care entered multiple partnerships with other dialysis providers to combat the COVID19 pandemic in the US. In North America, Fresenius Medical Care has collaborated with DaVita Inc. and other dialysis service providers to respond to COVID-19. This partnership is aimed to provide and support the broader kidney care community in the US by offering isolation capacity for dialysis patients infected by COVID-19. Therefore, COVID-19 had a negative impact on the EEG devices market.
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Market Overview and Dynamics
The EEG devices market in North America is expected to grow from US$ 436.1 million in 2021 to US$ 733.5 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028. In May 2018, MemoryMD received FDA approval for a disposable 19-channel EEG headset, NeuroCap. Along with the NeuroEEG, wireless amplifier wore around the arm that transmits to computers and cloud-based databases via Bluetooth that was accepted. The company will also launch its convenient approach in EEG testing for clinicians treating patients at the point of care. Additionally, Zeto, Inc. received approval from the FDA for its dry electrode EEG headset, called zEEG. The device is developed to be used in the clinical setting. The zEEG is the first FDA approved dry electrode EEG headset with a cloud platform that provides instant upload, tools for investigation, and remote explanation by neurologists. Therefore, due to developments in the field of medical, the market for EEG devices is expected to grow soon significantly.
Key Market Segments
In terms of product, the 32-channel EEG segment accounted for the largest share of the North America EEG devices market in 2020. In terms of application, the brain tumour segment accounted for the largest share of the North America EEG devices market in 2020. In terms of device type, the standalone devices segment accounted for the largest share of the North America EEG devices market in 2020. In terms of end user, the hospitals and clinics segment held a larger market share of the EEG devices market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the EEG devices market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report areKoninklijke Philips N.V., Bitbrain Technologies, Brain Products GmbH, g.tec medical engineering GmbH Austria, Cognionics, Inc., Wearable Sensing, Neuroelectrics, ANT Neuro, Mitsar Co. LTD., NeuroSky, BioSemi, EMOTIV, InteraXon Inc, and Advanced Brain Monitoring.
Reasons to buy report
- To understand the North America EEG devices market landscape and identify market segments that are most likely to guarantee a strong return
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America EEG devices market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
NORTH AMERICA EEG DEVICES MARKET SEGMENTATION
By Product
- 32-channel EEG
- 25-channel EEG
- 40-channel EEG
- Multi channel EEG
- 21-channel EEG
- 8-channel EEG
By Application
- Brain Tumors
- Head Trauma
- Sleep Disorders
- Neuroscience
- Others
By Device Type
- Standalone Devices
- Portable Devices
By End User
- Hospitals & Clinics
- Diagnostic Centers
- Research Centers
- Academic & Research Institutes
By Country
- North America
- US
- Canada
- Mexico
Companies Mentioned
- Koninklijke Philips N.V.
- Bitbrain Technologies
- Brain Products GmbH
- g.tec medical engineering GmbH Austria
- Cognionics, Inc.
- Wearable Sensing
- Neuroelectrics
- ANT Neuro
- Mitsar Co. LTD.
- NeuroSky
- BioSemi
- EMOTIV
- InteraXon Inc
- Advanced Brain Monitoring
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 EEG Devices Market – By Product
1.3.2 EEG Devices Market – By Application
1.3.3 EEG Devices Market – By Device Type
1.3.4 EEG Devices Market – By End User
1.3.5 North America EEG Devices Market – By Country
2. North America EEG Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America EEG Devices Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 EEG Devices Market- North America PEST Analysis
4.3 Expert Opinion
5. North America EEG Devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Incidences of Neurovascular Disorders
5.1.2 Significantly Rising Elderly Population
5.2 Market Restraints
5.2.1 High Cost of EEG Devices
5.3 Future Trend
5.3.1 Technological Developments in EEG Devices
5.4 Impact Analysis
6. EEG Devices Market – North America Analysis
6.1 North America EEG Devices Market Revenue Forecasts and Analysis
7. North America EEG Devices Market Analysis and Forecasts To 2028 – By Product
7.1 Overview
7.2 EEG Devices Market Revenue Share, By Product (2021 and 2028)
7.3- Channel EEG
7.3.1 Overview
7.3.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.4- Channel EEG
7.4.1 Overview
7.4.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.5- Channel EEG
7.5.1 Overview
7.5.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Multi- Channel EEG
7.6.1 Overview
7.6.2 Multi- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.7-Channel EEG
7.7.1 Overview
7.7.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.8 8-channel EEG
7.8.1 Overview
7.8.2 8-channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
8. EEG Devices Market Analysis – By Application
8.1 Overview
8.2 EEG Devices Market, by Application 2021 & 2028 (%)
8.3 Brain Tumours
8.3.1 Overview
8.3.2 Brain Tumours: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Head Trauma
8.4.1 Overview
8.4.2 Head Trauma: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Sleep Disorders
8.5.1 Overview
8.5.2 Sleep Disorders: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Neuroscience
8.6.1 Overview
8.6.2 Neuroscience: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
9. North America EEG Devices Market Analysis and Forecasts To 2028 – By Device Type
9.1 Overview
9.2 EEG Devices Market Revenue Share, By Device Type (2021 and 2028)
9.3 Standalone Devices
9.3.1 Overview
9.3.2 Standalone Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Portable Devices
9.4.1 Overview
9.4.2 Portable Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
10. North America EEG Devices Market Analysis and Forecasts to 2028– By End User
10.1 Overview
10.2 EEG Devices Market Share by End User 2018 & 2027 (%)
10.3 Hospitals & Clinics
10.3.1 Overview
10.3.2 Hospitals & Clinics: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Diagnostic Centers
10.4.1 Overview
10.4.2 Diagnostic Centers: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Research Centres
10.5.1 Overview
10.5.2 Research Centres: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Academic & Research Institutes
10.6.1 Overview
10.6.2 Academic & Research Institutes: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
11. EEG Devices Market Revenue and Forecasts to 2028 – Geographical Analysis
11.1 North America: EEG Devices Market
11.1.1 Overview
11.1.2 North America: EEG Devices Market, by Country, 2021 & 2028 (%)
11.1.2.1 US: EEG Devices Market– Revenue and Forecast to 2028 (USD Million)
11.1.2.1.1 US: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.1.2 US: EEG Devices Market, by Product, 2019–2028 (USD Million)
11.1.2.1.3 US: EEG Devices Market, by Application, 2019–2028 (USD Million)
11.1.2.1.4 US: EEG Devices Market, by Device Type, 2019–2028 (USD Million)
11.1.2.1.5 US: EEG Devices Market, by End User, 2019–2028 (USD Million)
11.1.2.2 Canada: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.2.1 Canada: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.2.2 Canada: EEG Devices Market, by Product, 2019–2028 (USD Million)
11.1.2.2.3 Canada: EEG Devices Market, by Application, 2019–2028 (USD Million)
11.1.2.2.4 Canada: EEG Devices Market, by Device Type, 2019–2028 (USD Million)
11.1.2.2.5 Canada: EEG Devices Market, by End User, 2019–2028 (USD Million)
11.1.2.3 Mexico: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.3.1 Mexico: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.3.2 Mexico: EEG Devices Market, by Product – 2019–2028 (USD Million)
11.1.2.3.3 Mexico: EEG Devices Market, by Application, 2019–2028 (USD Million)
11.1.2.3.4 Mexico: EEG Devices Market, by Device Type – 2019–2028 (USD Million)
11.1.2.3.5 Mexico: EEG Devices Market, by End User – 2019–2028 (USD Million)
12. Impact Of COVID-19 Pandemic on North America EEG Devices Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Growth Strategies Done by the Companies in the Market, (%)
13.3 Organic Developments
13.3.1 Overview
13.4 Inorganic Developments
13.4.1 Overview
14. COMPANY PROFILES
14.1 Koninklijke Philips N.V.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Bitbrain Technologies
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Brain Products GmbH
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 g.tec medical engineering GmbH Austria
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Cognionics, Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Wearable Sensing
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Neuroelectrics
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 ANT Neuro
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Mitsar Co. LTD.
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 NeuroSky
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
14.11 BioSemi
14.11.1 Key Facts
14.11.2 Business Description
14.11.3 Products and Services
14.11.4 Financial Overview
14.11.5 SWOT Analysis
14.11.6 Key Developments
14.12 EMOTIV
14.12.1 Key Facts
14.12.2 Business Description
14.12.3 Products and Services
14.12.4 Financial Overview
14.12.5 SWOT Analysis
14.12.6 Key Developments
14.13 InteraXon Inc
14.13.1 Key Facts
14.13.2 Business Description
14.13.3 Products and Services
14.13.4 Financial Overview
14.13.5 SWOT Analysis
14.13.6 Key Developments
14.14 Advanced Brain Monitoring
14.14.1 Key Facts
14.14.2 Business Description
14.14.3 Products and Services
14.14.4 Financial Overview
14.14.5 SWOT Analysis
14.14.6 Key Developments
15. Appendix
15.1 About the Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. US EEG Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 2. US EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 3. US EEG Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)
Table 4. US EEG Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 5. Canada EEG Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 6. Canada EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada EEG Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada EEG Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico EEG Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico EEG Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico EEG Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 13. Organic Developments Done By Companies
Table 14. Inorganic Developments Done By Companies
Table 15. Glossary of Terms, EEG Devices Market
LIST OF FIGURES
Figure 1. EEG Devices Market Segmentation
Figure 2. North America EEG Devices Market Overview
Figure 3.-channel EEG Segment Held Largest Share of Product in EEG devices Market
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. EEG Devices Market - North America PEST Analysis
Figure 6. EEG Devices Market Impact Analysis of Driver and Restraints
Figure 7. North America EEG Devices Market – Revenue Forecasts and Analysis – 2020- 2028
Figure 8. EEG Devices Market Revenue Share, By Product (2021 and 2028)
Figure 9.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Multi- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. 8-channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. EEG Devices Market, by Application 2021 & 2028 (%)
Figure 16. Brain Tumours: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Head Trauma: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Sleep Disorders: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Neuroscience: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. EEG Devices Market Revenue Share, By Device Type (2021 and 2028)
Figure 22. Standalone Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Portable Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. EEG Devices Market Share by End User 2018 & 2027 (%)
Figure 25. Hospitals & Clinics: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Diagnostic Centers: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Research Centres: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Academic & Research Institutes: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: EEG Devices Market, by Key Country – Revenue (2021) (USD Million)
Figure 30. North America: EEG Devices Market, by Country, 2021 & 2028 (%)
Figure 31. US: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. Canada: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 33. Mexico: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 34. Impact of COVID-19 Pandemic in North American Country Markets
Figure 35. Growth Strategies Done by the Companies in the Market, (%)
- Koninklijke Philips N.V.
- Bitbrain Technologies
- Brain Products GmbH
- g.tec medical engineering GmbH Austria
- Cognionics, Inc.
- Wearable Sensing
- Neuroelectrics
- ANT Neuro
- Mitsar Co. LTD.
- NeuroSky
- BioSemi
- EMOTIV
- InteraXon Inc
- Advanced Brain Monitoring
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America EEG devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America EEG devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the EEG devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution