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World Electroencephalography and Electromyography Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773231
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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Electroencephalography (EEG) and an electromyography (EMG) are diagnostic techniques used to measure the electrical activity in human body. An EEG measures electrical activity in the human brain while an EMG measures electrical activity in the muscles. Both of these diagnostic tests are performed using equipment that detects the electrical potential generated by brain or muscle cells. EEG is largely used to diagnose epilepsy, sleep disorders, encephalopathies, brain death, and coma. Whereas, EMG is advised for the diagnosis of nerve compressions or injuries, such as nerve root injury, carpal tunnel syndrome, and other disorders of the muscles or nerves. The global EEG and EMG market is growing at a fast pace by dint of the aging population and the ensuing burden of critical diseases such as Parkinson’s and Epilepsy, where neurological monitoring for disease progression is critical for effective treatment. One of the prime driving factors towards this growth is the increased demand for digitized EEG and EMG systems. Ongoing research activities in the area of cerebral and spinal disorders have also added to the popularity of EEG and EMG equipment market.

The global EEG and EMG market is segmented on the basis of application, primary components and geography. The application segment is further categorized into Routine EEG, Sleep EEG, Ambulatory EEG and Video telemetry for EEG whereas Needle EMG, Nerve conduction studies and Evoked potentials are segmentation for EMG market. On the basis of primary components, the EEG and EMG equipment market is segmented into Electrodes, Amplifiers, Photic flash and Computer and Software. The EEG recording electrodes and their proper functioning are critical for acquiring appropriately high quality data for interpretations and references. Based on geography, the global EEG and EMG market is segmented into North America, Europe, Asia-Pacific and LAMEA. Although North America and Europe occupy a majority of the global EEG and EMG equipment market, Asia-Pacific is expected to be the most lucrative region, owing to a considerable increase in the number of specialized neuro-care centers, hospitals/ clinics and monitoring practices.

Some of the key players in this market include Compumedics Limited, Covidien Limited, Natus Medical Inc., NeuroWave Systems Inc., Electrical Geodesics Inc., Cadwell Laboratories Inc., Nihon Kohden America Inc. and Noraxon U.S.A.; Inc. Market players are working towards technology development in the EEG/EMG equipment eg: Compumedics has launched a new innovative long term electroencephalography monitoring (LTEM) product - Neuvo.

KEY BENEFITS

In-depth coverage of the global EEG and EMG market including drivers, restraints and opportunities would help professionals to better understand market behavior
The projections in the report are made by analyzing the current market trends and the market potential for the period of 2014-2021, in terms of value
Detailed study of the strategies of key leaders, partnerships and acquisitions in the global EEG and EMG market would be informative for professionals in the corporate sector
Porter’s Five Forces analysis examines the competitive structure of the global EEG and EMG market and would assist market strategists in making decisions.
Pin-point analysis of geographic segments helps to identify opportunities for growth, within the global EEG and EMG market
Identification of key investment pockets for EEG and EMG market provide strategic assistance to decision makers
An analysis of the market potential is conducted for various product segments, testing procedures, end users and geographic regions, along with a detailed examination of factors responsible for the rapid growth of market segments

KEY MARKET SEGMENTS

The global EEG and EMG market is segmented into three major categories: application, primary components and geography.

MARKET BY APPLICATION

EEG

Routine EEG
Sleep EEG
Ambulatory EEG
Video te

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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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