Electroencephalography Systems/Devices Market Report and Forecast 2025-2034

The electroencephalography systems/devices market was valued at USD 1.30 Billion in 2024, driven by the increasing prevalence of neurological disorders and the growing demand for advanced diagnostic equipment across the globe. The market is anticipated to grow at a CAGR of 10.30% during the forecast period of 2025-2034, with the values likely to reach USD 3.46 Billion by 2034.

Electroencephalography Systems/Devices Market Overview

Electroencephalography is a procedure which involves analysing the electrical activity of the human brain. The procedure is used to analyse brain wave patterns and detect whether there are any potential obstacles hindering the communication process of the brain. Electroencephalography is majorly used to detect medical conditions such as epilepsy, sleep disorders, brain tumour, dementia, and head injuries, among others.

Global Electroencephalography Systems/Devices Market Growth Drivers

Increasing Prevalence of Neurological Diseases

Epilepsy is a critical noncommunicable disease contributing to the global disease burden as nearly 50 million people worldwide are currently battling the medical condition. Additionally, an estimated 5 million people are allegedly diagnosed with epilepsy each year. Having a sufficient share of the global disease burden, epilepsy plays a critical role in the rising demand for electroencephalography, thus, propelling the market growth. The increasing prevalence of epilepsy and other common but critical brain conditions such as dementia and brain tumour are further supporting the market stimulation. Evaluations performed by the World Health Organisation show that early diagnosis of epilepsy could help 70% of the patients live a seizure-free life, bringing better patient outcomes.

Surge in Research Initiatives to Meet Rising Electroencephalography Systems/Devices Market Demand

In May 2024, researchers at Duke University successfully developed an assistive machine learning model that significantly enhances the ability of medical professionals to comprehend the electroencephalography (EEG) charts of intensive care patients. With ambiguous waves striking up and down, it is not always easy for a healthcare professional to read EEG readings correctly. Increasing advancements and integration of advanced technologies such as machine learning and artificial intelligence, this assistive machine learning model may save medical professionals a great deal of patients, specifically those in intensive care units at hospital facilities. The research was conducted by collecting EEG samples from more than 2700 patients, gathering more than 120 experts, analysing the most relevant features in the graphs and categorising them as either a seizure, one of four types of seizure-like events or ‘other’.

In April 2024, Soterix Medical Inc., a pioneer in non-invasive brain stimulation and synergistic monitoring technologies launched a combined high-definition transcranial electrical stimulation (HD-tES) and EEG system, MxN-GO EEG, to enhance the quality of research activities that require electrical stimulation, and recording of brain activity in environments such as mobile and natural. The easy to setup system incorporates 33 stimulation channels and 32 recording channels that provide unmatched precision. This launch was an outcome of collaboration with mBrainTrain, a dedicated mobile EEG company focused on revolutionising the neuroscience domain with its innovations.

As healthcare professionals are diagnosing notable number of neurological disorders among people, the demand for more advanced EEG systems is anticipated to rise and support market growth in the forecast period. Collectively, research activities focused on digging insights about brain activity in varied environments may further assist healthcare professionals in treating patients more effectively, contributing to enhanced patient outcomes.

Global Electroencephalography Systems/Devices Market Trends

The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:

Increasing Technological Advancements

The increasing technological advancements are assisting medical professionals to enhance their ability to understand EEG outputs. With the integration of advanced technologies such as artificial intelligence and machine learning, electroencephalography is becoming more efficient and pivotal in diagnosing and treating neurological disorders.

Rising Demand for Neurological Disorder and Psychiatric Disorder Diagnostics

Due to the increasing prevalence and rising technological advancements, a significant amount of market demand for diagnostic equipment and systems is present in the market. The advanced equipment may enhance the diagnosis procedure of neurological disorder and psychiatric disorders in the market.

Increasing Number of Research Activities

Researchers are focusing more on testing innovations in varied environments to increase the efficiency and adaptability of electroencephalography systems for enhanced patient outcomes. Such research activities may also contribute to the expanded application of electroencephalography.

Growth in Product Launches

The market is collectively witnessing various market launches by key players to address the market demand for improved electroencephalography equipment and systems, stimulating market development.

Global Electroencephalography Systems/Devices Market Segmentation

The report titled “Electroencephalography Systems/Devices Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• 8-channel EEG
• 21-channel EEG
• 25 channel EEG
• 32-channel EEG
• 40-channel EEG
• Multichannel EEG

Market Breakup by Modality

• Standalone Devices
• Portable Devices

Market Breakup by Application

• Seizure Detection
• Sleep Monitoring
• Brain Tumors and Lesions
• Others

Market Breakup by End User

• Hospitals
• Diagnostic Centres
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Electroencephalography Systems/Devices Market Share

Market Share Based on Application to Witness Substantial Growth

The market segmentation based on application includes seizure detection, sleep monitoring, brain tumors and lesions, among others. Other applications include analysing patient’s brain activities while they are in a coma. The market share for this segment is on the rise, driven by the increasing prevalence of the medical conditions mentioned, supported by the escalating awareness and importance regarding early diagnosis among people.

Electroencephalography Systems/Devices Market Analysis by Region

Based on region, North America is significantly dominating the market. With 35% of people taking sleep for fewer than seven hours in 24 24-hour periods, the United States records a significant number of sleep disorders. With a sedentary lifestyle, people in the region are expected to experience depleted sleep quality hence, contributing to the increasing number of sleep disorders. The region is simultaneously experiencing increasing advancements such as ChristianaCare launching an innovative electroencephalogram (EEG) brain monitoring program in May 2024. This product was intended to establish an advancement in the management and diagnosis of neurological conditions. By reducing the diagnosis time from hours to minutes, this system may help medical professionals increase the number of patient diagnoses per shift and optimise their treatment.

Leading players in the Global Electroencephalography Systems/Devices Market

The key features of the market report comprise patent analysis and strategic initiatives by the leading players. The major companies in the market are as follows:

Electrical Geodesics, Inc.

Electrical Geodesics, Inc. (EGI) specialises in advanced neurodiagnostic and monitoring technologies. The company was established in advanced neurodiagnostic and monitoring technologies. It is also known for its high-density EEG (electroencephalography) systems.

Compumedics Limited

Compumedics Limited is an Australian company which was established in 1987. The company designs, manufactures, and markets medical devices focused on sleep, brain, and ultrasonic blood flow diagnostics.

Natus Medical, Inc.

Based in Middleton, Wisconsin, Natus Medical Incorporated (Natus) specializes in the development of medical equipment, software, supplies, and services dedicated to the diagnosis, monitoring, and treatment of conditions affecting the brain, neural pathways, and sensory nervous systems.

Cadwell Industries, Inc.

Established in 1979, Carl Cadwell specialises in neurodiagnostic and neuromonitoring solutions. The company’s portfolio includes hardware and software curated to enhance the efficacy of neurological assessments and treatments.

Nihon Kohden Corporation

Nihon Kohden Corporation is a leading Japanese medical electronics manufacturer. It was established in 1951. Nihon Kohden is focused on improving healthcare outcomes through its state-of-the-art medical devices and solutions.

Other key players in the market include Esumedics GmbH, Neurosoft, Mitsar, Allengers Medical Systems Limited, and Lifelines neuro.

Key Questions Answered in the Electroencephalography Systems/Devices Market

• What was the global electroencephalography systems/devices market value in 2024?
• What is the global electroencephalography systems/devices market forecast outlook for 2025-2034?
• What are the regional markets covered in the report?
• What is market segmentation based on product?
• What is the market breakup based on modality?
• Who are the major applications in the market?
• What are the major end users in the market?
• What are the major factors aiding the global electroencephalography systems/devices market demand?
• How has the market performed so far and how is it anticipated to perform in the coming years?
• What are the market's major drivers, opportunities, and restraints?
• Which regional market is expected to lead the market share in the forecast period?
• Which country is expected to experience expedited growth during the forecast period?
• How does the prevalence and incidence of neurological disorders affect the market landscape?
• What are the major global electroencephalography systems/devices market trends?
• Which product will dominate the market share?
• Which modality is expected to have a high market value in the coming years?
• Which end-user is projected to contribute to the highest market growth?
• Who are the key players involved in the electroencephalography systems/devices market?
• What is the patent landscape of the market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

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