What Has Been the Progress and Growth of the Electroencephalography (EEG) And Electromyography (EMG) Equipment Market in Recent Years?
The electroencephalography (eeg) and electromyography (emg) equipment market has seen considerable growth due to a variety of factors.
• The electroencephalography (EEG) and electromyography (EMG) equipment market is growing rapidly. It is expected to increase from $1.2 billion in 2024 to $1.29 billion in 2025, with a CAGR of 7.8%.
The growth is due to the increasing prevalence of neurological disorders, a rising elderly population, better awareness and diagnosis, supportive regulatory frameworks, and healthcare expenditure.
What Is The Expected Growth In The Electroencephalography (EEG) And Electromyography (EMG) Equipment Market Size Evolve over the Forecast Period?
The electroencephalography (eeg) and electromyography (emg) equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The electroencephalography (EEG) and electromyography (EMG) equipment market is expected to grow to $1.73 billion by 2029, at a CAGR of 7.6%.
The rise is driven by regulatory changes, emerging market growth, home healthcare, and increasing healthcare spending. Trends will focus on technological innovations, personalized medicine, remote monitoring, digital equipment, and AI integration.
What Main Forces Are Fueling Expansion In The Electroencephalography (EEG) And Electromyography (EMG) Equipment Market?
The rising incidence of neurological disorders is expected to propel the growth of EEG and EMG equipment markets. Neurological conditions, including Alzheimer's and Parkinson's, are on the rise due to aging populations and environmental factors. EEG and EMG equipment help diagnose and monitor these disorders. In April 2024, the Alzheimer's Association reported that 6.9 million Americans aged 65 and older would be diagnosed with Alzheimer's dementia by 2024, driving demand for EEG and EMG equipment.
What Are The Primary Segments In The Global Electroencephalography (EEG) And Electromyography (EMG) Equipment Market?
The electroencephalography (EEG) and electromyography (EMG) equipment market covered in this report is segmented –
1) By Type: Electroencephalography, Electromyography
2) By Modality: Standalone, Portable
3) By End-user: Hospitals, Ambulatory Surgical Centers, Research Institutes, Diagnostic Centers, Homecare Settings
Subsegments:
1) By Electroencephalography (EEG): Traditional EEG Systems, Portable Or Compact EEG Systems, Wireless EEG Systems, Sleep EEG Systems, Video EEG Systems
2) By Electromyography (EMG): Needle EMG Systems, Surface EMG Systems, High-Density EMG Systems, Intramuscular EMG Systems
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What Emerging Trends Are Influencing The Growth Of The Electroencephalography (EEG) And Electromyography (EMG) Equipment Market?
Companies in the EEG-EMG equipment market are enhancing patient care through wireless remote monitoring systems. For instance, in April 2023, Cadwell Industries introduced Arc Voyager, a wireless remote monitoring system for EEG. This system allows real-time monitoring of EEG data and video, improving patient care with features like automatic data backfill and comprehensive monitoring tools.
Who Are the Key Players In The Electroencephalography (EEG) And Electromyography (EMG) Equipment Market?
Major companies operating in the electroencephalography (EEG) and electromyography (EMG) equipment market are:
• General Electric Company
• Medtronic plc
• Koninklijke Philips N.V.
• Masimo Corporation
• Nihon Kohden Corporation
• Natus Medical Incorporated
• Zynex Inc.
• Neurosoft
• Cadwell Industries Inc.
• Compumedics Limited
• Brain Products GmbH
• Allengers Medical Systems Limited
• Rhythmlink International LLC
• ANT Neuro
• Electrical Geodesics Inc.
• Micromed
• BrainScope Company Inc.
• g.tec medical engineering GmbH
• Advanced Brain Monitoring Inc.
• Deymed Diagnostic s.r.o.
• Dr. Langer Medical GmbH
• Mind Media B.V.
• NORAXON USA Inc.
• Rogue Resolutions Ltd
• Wearable Sensing
What Is The Most Dominant Region In The Electroencephalography (EEG) And Electromyography (EMG) Equipment Market?
North America was the largest region in the electroencephalography (EEG) and electromyography (EMG) equipment market in 2023. The regions covered in the electroencephalography (EEG) and electromyography (EMG) equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
