[Research Report] The EEG machines market was valued at US$ 990.26 million in 2020, and it is projected to reach US$ 1,937.00 million by 2028; it is expected to grow at a CAGR of 8.8% from 2021 to 2028.
An electroencephalography (EEG) machine is a medical device that helps medical professionals monitor the brain's electrical signals. The electrical signals transmitted are relatively weak and thus require amplification. An amplifier is used to magnify the voltage. An EEG device's readings are utilized to diagnose various neurological disorders and monitor sleep disorders and patients under anesthesia during medical procedures such as surgery. The equipment works with the help of electrodes attached to the scalp to collect the brain wave's reading. EEG machine is mostly used in hospitals, diagnostic laboratories, and ambulatory surgery centers.
The EEG machines market is segmented based on product type, application, end user, and geography. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the EEG machines market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes COVID-19 impact analysis across all the regions. It is estimated that the market is likely to have slower growth rate during the forecast period owing to the restricted health services and lockdown situation caused by the COVID-19 pandemic.
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EEG Machines Market: Strategic Insights

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EEG Machines Market: Strategic Insights

- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Market Insights
Increasing Neurological Disorders
There is a rise in incidence of neurological disorders among older people. However, due to various factors such as stress, genetic mutations, lifestyle habits, and related chronic conditions, the incidence are seen among people of all age groups. It is estimated that there are over 600 neurologic disorders, among which Parkinson's, Huntington's, Alzheimer's, muscular dystrophy, stroke, meningitis, epilepsy, dementias, migraine, and brain tumors are commonly seen.
According to the Global Burden of Disease report, published in JAMA Neurology 2017, disability-adjusted life-years (DALYs) for most burdensome diseases, such as stroke, migraine, and Alzheimer’s disease, and other dementias, were studied in the US. DALYs for stroke were 3.58 million, for Alzheimer’s disease and other dementias 2.55 million, and for migraine 2.4 million. It is estimated that the incidence is likely to increase in the future with the incidence rate of meningitis (44.8%), traumatic brain injury (44.8%), spinal cord injury (29.1%), and encephalitis (38.5%).
Similarly, the growing geriatric population is expected to influence the incidence of neurological disorders. According to the World Health Organization (WHO) report published in 2018, the total population over 60 years of age will grow at a rate of 22% by 2050 from 12% in 2015. According to the Federal Interagency Forum on Aging-Related Statistics published in 2016, 35.8% of people of age 85 years and above have moderate or severe memory impairment. Therefore, owing to the above-mentioned statistics, the demand for EEG machine is expected to increase, which, in turn will propel the market growth.
Product Type-Based Insights
Based on product type, the EEG machines market is segmented into integrated EEG and portable EEG. The integrated EEG segment held the largest share of the market in 2020, However, the portable EEG segment is anticipated to register the highest CAGR in the market during the forecast period. The growth of portable EEG segment can be attributed to technological advancements that offer real-time brain activity, which is relatively inexpensive, and non-invasive.
Application-Based Insights
Based on application, the EEG machines market is segmented into disease diagnosis, sleep monitoring, anesthesia monitoring, trauma and surgery, and others. The disease diagnosis segment held the largest share of the market in 2020, moreover, the segment is anticipated to register the highest CAGR in the market during the forecast period.
End User-Based Insights
Based on end user, the EEG machines market is segmented into hospitals, diagnostic centers, ambulatory surgical centers, research laboratories, and others. The hospitals segment held the largest share of the market in 2020, however, diagnostic centers segment is anticipated to register the highest CAGR in the market during the forecast period.
Organic and inorganic strategies were equally adopted by the market players to meet the changing customer demand and maintain their improved services. For instance, organic strategy of expansion was adopted by Fresenius Kabi in February 2021. The company invested in the advancements of its facilities around the world to assist in care for critically and chronically ill patients, in keeping with the company's philosophy of caring for life. Additionally, Fresenius Kabi continued to invest in its two Graz facilities.
EEG Machines Market Regional Insights
The regional trends and factors influencing the EEG Machines Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses EEG Machines Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
EEG Machines Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 990.26 Million |
Market Size by 2028 | US$ 1,937.00 Million |
Global CAGR (2020 - 2028) | 8.8% |
Historical Data | 2018-2019 |
Forecast period | 2021-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
EEG Machines Market Players Density: Understanding Its Impact on Business Dynamics
The EEG Machines Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

- Get the EEG Machines Market top key players overview
By Product Type
- Integrated EEG
- Portable EEG
By Application
- Disease Diagnosis
- Sleep Monitoring
- Anesthesia Monitoring
- Trauma and Surgery
- Others
By End User
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Research Laboratories
- Others
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
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 Inc,
- NeuroStyle Ptd. Ltd.
Frequently Asked Questions
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- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
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