North America EEG Machines Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Integrated EEG and Portable EEG), Application (Disease Diagnosis, Sleep Monitoring, Anesthesia Monitoring Trauma and Surgery, and Others), and End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Research Laboratories, and Others)
The North America EEG machines market is expected to reach US$ 837.95 million by 2028 from US$ 420.89 million in 2020; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028.
The growth of the North America EEG machines market can be attributed to growing product launches and increasing neurological disorders. However, the high cost of EEG machines is a key factor restraining the market growth.
Growing demand for the treatment of neurological disorders and increasing product developments have resulted in increased product launches. Various companies have increased the R&D activities that have helped them launch various innovative EEG machines and associated products and services in the market. The product launches in the market have contributed to the market growth in the past years, which is likely to continue during the forecast period. In April 2020, Brain Scientific Inc. launched an online store to offer its FDA-cleared NeuroCap and NeuroEEG technology. The launch of NeuroCap, a disposable product with 22 electrodes and 19 active EEG channels, will help minimize cross-contamination and optimize sanitary practice.
Similarly, in September 2019, Nihon Kohden announced the launch of its VitalEEG wireless electroencephalogram headset in the US. VitalEEG system helps in evaluating brain-wave information of unconscious patients. The product is developed and designed to quickly set up and allow efficient placement of electrodes within five minutes. As per Nihon Kohden, the Vital EEG system will allow clinicians and physicians to assess brain health and determine the best treatment methods for unconscious patients in less time.
Similarly, the growing geriatric population is expected to influence the incidence of neurological disorders. According to the World Health Organization (WHO) statistics, 2018, the total population over 60 years of age will grow at a rate of 22% by 2050 from 12% in 2015. Hence, owing to the above-mentioned statistics, the demand for EEG machines is expected to increase, which, in turn, will propel market growth.
In North America, the US was profoundly affected by the COVID-19 pandemic. The country has marked the highest number of positive patients. Across the nation, various healthcare research centers were working only for research on COVID-19 therapeutics. As the crisis moved forward, healthcare professionals realized that developing novel therapies using innovative technologies is essential to mitigate this unprecedented crisis. For instance, the FDA has created a unique emergency program for possible COVID-19 therapies, the Coronavirus Treatment Acceleration Program (CTAP). The program uses every possible method to drive new treatments to patients as soon as possible while finding out whether they are helpful or harmful.
Due to the COVID-19 outbreak, many cities were on lockdowns, causing treatments and doctors/surgeons appointment cancellations. The patients suffering from critical surgeries such as spinal surgery, neurosurgery, and ENT surgery need physical attention and need to perform 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, California-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 COVID-19 pandemic in the US. In North America, Fresenius Medical Care has entered into a collaboration with DaVita Inc. and other dialysis service providers as a response to COVID-19. This partnership aims to provide and support the broader kidney care community in the US by offering isolation capacity for dialysis patients infected by COVID-19.
North America EEG Machines Market Revenue and Forecast to 2028 (US$ Mn)
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NORTH AMERICA EEG MACHINES MARKET SEGMENTATION
By Product Type
- Integrated EEG
- Portable EEG
By Application
- Disease Diagnosis
- Trauma and Surgery
- Sleep Monitoring
- Anesthesia Monitoring
- Others
By End User
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Research Laboratories
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- Koninklijke Philips N.V.
- Medtronic
- Natus Medical Incorporated
- Nihon Kohden Corporation
- Fresenius SE & Co. KGaA
- Advanced Brain Monitoring
- D & DJ BURTON HOLDINGS
- Cephalon A/S
- Cadwell Industries In
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America EEG Machines Market – By Product Type
1.3.2 North America EEG Machines Market – By Application
1.3.3 North America EEG Machines Market – By End User
1.3.4 North America EEG Machines Market– By Country
2. EEG Machines Market– Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America EEG Machines Market– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Expert Opinion
5. EEG Machines Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Product Launches
5.1.2 Increasing Neurological Disorders
5.2 Market Restraints
5.2.1 High Cost and Disadvantages of EEG Machines
5.3 Market Opportunities
5.3.1 Innovation for Automated Seizure Detection in Epilepsy
5.4 Future Trends
5.4.1 Emergence of Neuromarketing
5.5 Impact Analysis
6. EEG Machines Market–North America Analysis
6.1 North America EEG Machines Market Revenue Forecast and Analysis
7. EEG Machines Market Analysis - Product Type
7.1 Overview
7.2 EEG Machines Market, by Product Type 2020 & 2028 (%)
7.3 Integrated EEG
7.3.1 Overview
7.3.2 Integrated EEG: EEG Machines Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Portable EEG
7.4.1 Overview
7.4.2 Portable EEG: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8. EEG Machines Market Analysis - Application
8.1 Overview
8.2 EEG Machines Market, by Application 2020 & 2028 (%)
8.3 Disease Diagnosis
8.3.1 Overview
8.3.2 Disease Diagnosis: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Sleep Monitoring
8.4.1 Overview
8.4.2 Sleep Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Trauma and Surgery
8.5.1 Overview
8.5.2 Trauma and Surgery: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Anesthesia Monitoring
8.6.1 Overview
8.6.2 Anesthesia Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
9. EEG Machines Market Analysis- End User
9.1 OVERVIEW
9.2 EEG Machines Market, by End User 2020 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
9.4 Diagnostic Centers
9.4.1 Overview
9.4.2 Diagnostic Centers: EEG Machines Market– Revenue and Forecast to 2028 (USD Million)
9.5 Ambulatory Surgical Centres
9.5.1 Overview
9.5.2 Ambulatory Surgical Centers: EEG Machines Market - Revenue and Forecast to 2028 (USD Million)
9.6 Research Laboratories
9.6.1 Overview
9.6.2 Research Laboratories: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
10. Global EEG Machines Market –North America Analysis
10.1 North America: EEG Machines Market
10.1.1 Overview
10.1.2 North America: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.3 North America: EEG Machines Market, by Product Type, 2019–2028 (USD Million)
10.1.4 North America: EEG Machines Market, by Application, 2019–2028 (USD Million)
10.1.5 North America: EEG Machines Market, by End User, 2019–2028 (USD Million)
10.1.6 North America: EEG Machines Market, by Country, 2020 & 2028 (%)
10.1.7 US: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.1 US: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.2 US: EEG Machines Market, by Product Type, 2019–2028 (USD Million)
10.1.7.3 US: EEG Machines Market, by Application, 2019–2028 (USD Million)
10.1.7.4 US: EEG Machines Market, by End User, 2019–2028 (USD Million)
10.1.8 Canada: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.1 Canada: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.2 Canada: EEG Machines Market, by Product Type, 2019–2028 (USD Million)
10.1.8.3 Canada: EEG Machines Market, by Application, 2019–2028 (USD Million)
10.1.8.4 Canada: EEG Machines Market, by End User, 2019–2028 (USD Million)
10.1.9 Mexico: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.1 Mexico: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.2 Mexico: EEG Machines Market, by Product Type, 2019–2028 (USD Million)
10.1.9.3 Mexico: EEG Machines Market, by Application, 2019–2028 (USD Million)
10.1.9.4 Mexico: EEG Machines Market, by End User, 2019–2028 (USD Million)
11. Impact Of COVID-19 Pandemic on North America EEG Machines Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. EEG Machines Market– Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Koninklijke Philips N.V.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Natus Medical Incorporated
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nihon Kohden Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Fresenius SE & Co. KGaA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Advanced Brain Monitoring
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 D & DJ BURTON HOLDINGS
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cephalon A/S
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Cadwell Industries Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 2. North America EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 3. North America EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 4. US EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 5. US EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. US EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. Canada EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico EEG Machines 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 Machines Market
LIST OF FIGURES
Figure 1. EEG Machines Market Segmentation
Figure 2. EEG Machines Segmentation, By Country
Figure 3. North America EEG Machines Market Overview
Figure 4. Integrated EEG Held Largest Share of Product Type Segment in EEG Machines Market
Figure 5. North America EEG Machines Market– Leading Country Markets (US$ Million)
Figure 6. North America: PEST Analysis
Figure 7. EEG Machines Market Impact Analysis of Drivers and Restraints
Figure 8. North America EEG Machines Market– Revenue Forecast and Analysis – 2020- 2028
Figure 9. EEG Machine Market, by Product Type 2020 & 2028 (%)
Figure 10. Integrated EEG: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Portable EEG: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. EEG Machines Market, by Application 2020 & 2028 (%)
Figure 13. Disease Diagnosis: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Sleep Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Trauma and Surgery: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Anesthesia Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. EEG Machines Market, by End User 2020 & 2028
Figure 19. Hospitals: EEG Machines Market– Revenue and Forecast to 2028 (USD Million)
Figure 20. Diagnostic Centers: EEG Machines Market– Revenue and Forecast to 2028 (USD Million)
Figure 21. Ambulatory Surgical Centers: EEG Machines Market- Revenue and Forecast to 2027 (USD Million)
Figure 22. Research Laboratories: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
Figure 23. Others: EEG Machines Market- Revenue and Forecast to 2028(USD Million)
Figure 24. North America: EEG Machines Market, by Key Country – Revenue (2020) (USD Million)
Figure 25. North America EEG Machines Market Revenue and Forecast to 2028 (USD Million)
Figure 26. North America: EEG Machines Market, by Country, 2020 & 2028 (%)
Figure 27. US: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. Canada: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Mexico: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Impact of COVID-19 Pandemic in North American Country Markets
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- Koninklijke Philips N.V.
- Medtronic
- Natus Medical Incorporated
- Nihon Kohden Corporation
- Fresenius SE & Co. KGaA
- Advanced Brain Monitoring
- D & DJ BURTON HOLDINGS
- Cephalon A/S
- Cadwell Industries Inc
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