Electroencephalography (EEG) and Electromyography (EMG) Equipment Market Report 2024

The EEG and EMG equipment market size has grown strongly in recent years. It will grow from $1.11 billion in 2023 to $1.2 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. During the historic period, growth was driven by several factors including the increasing prevalence of neurological disorders, a growing geriatric population, heightened awareness and improved diagnosis of these disorders, regulatory support, and increased healthcare expenditure.

The EEG and EMG equipment market size is expected to see strong growth in the next few years. It will grow to $1.61 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. In the forecast period, growth is expected to be driven by regulatory developments, emerging market expansion, the rise of home healthcare services, a shift towards patient-centric healthcare approaches, and increasing healthcare expenditure. Key trends anticipated during this period include advancements in technology, the evolution of personalized medicine approaches, increased adoption of remote monitoring and telemedicine solutions, digital transformation of equipment, and the integration of artificial intelligence (AI) in healthcare practices.

The EEG and EMG equipment markets are expected to grow significantly due to the increasing prevalence of neurological disorders. These disorders affect the brain, spinal cord, and nerves, impacting cognitive and motor functions. Factors contributing to their rise include aging populations with higher incidences of age-related conditions such as Alzheimer's and Parkinson's diseases, improved diagnostic capabilities, increased healthcare awareness, sedentary lifestyles, and environmental factors leading to conditions such as stroke and multiple sclerosis. EEG and EMG equipment play a crucial role in diagnosing these disorders, monitoring brain and muscle activity, and evaluating treatment effectiveness. For example, the Alzheimer's Association reported in April 2024 that the number of Americans aged 65 and older diagnosed with Alzheimer's dementia increased from 6.5 million in 2022 to 6.9 million in 2024, highlighting the growing need for advanced diagnostic tools in neurological care.

Leading companies in the EEG and EMG equipment markets are focusing on enhancing patient care through remote monitoring solutions. These solutions, such as wireless remote monitoring systems, enable real-time data collection and analysis from any location. They facilitate continuous monitoring of patient health using wireless technology, improving efficiency and patient outcomes. Cadwell Industries, Inc. introduced Arc Voyager in April 2023, a wireless remote monitoring system for in-home EEG, equipped with Arc 3.1 software and Arc Apollo+ for real-time access to EEG data and video. This system includes features such as automatic data backfill, an HD camera, a microphone, and a rugged tablet PC for comprehensive monitoring.

In January 2023, Natus Medical Incorporated strengthened its position in the EEG and EMG equipment markets by acquiring Micromed Holding SAS, enhancing its capabilities in neurophysiology solutions. This strategic acquisition aims to leverage synergies in advanced healthcare solutions, particularly in the European epilepsy market and ICU monitoring sector, furthering their leadership in medical device innovations.

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.

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.

The countries covered in the electroencephalography (EEG) and electromyography (EMG) equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Electroencephalography (EEG) and electromyography (EMG) equipment are vital for diagnosing and monitoring neurological and muscular disorders. EEG measures electrical activity in the brain, while EMG detects electrical signals produced by skeletal muscles.

Electroencephalography (EEG) and electromyography (EMG) equipment are essential for diagnosing and monitoring neurological and muscular disorders. EEG involves placing electrodes on the scalp to detect brain wave patterns, which are displayed on a computer screen for analysis. This method is crucial for diagnosing conditions such as epilepsy, sleep disorders, and brain injuries. EEG equipment comes in various types, including standalone and portable devices used in hospitals, ambulatory surgical centers, research institutes, diagnostic centers, and homecare settings to cater to different end-users' needs.

The EEG and EMG equipment market research report is one of a series of new reports that provides EEG and EMG equipment market statistics, including EEG and EMG equipment industry global market size, regional shares, competitors with an EEG and EMG equipment market share, detailed EEG and EMG equipment market segments, market trends and opportunities, and any further data you may need to thrive in the EEG and EMG equipment industry. This EEG and EMG equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The EEG and EMG equipment market consists of sales of nerve conduction study equipment, evoked potential devices, magnetoencephalography equipment, and electrocorticography equipment. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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