The EEG devices market in North America is expected to grow from US$ 436.1 million in 2021 to US$ 733.5 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028.
Epilepsy is a non-communicable disease of the brain that affects people of every age group. According to data from the World Health Organization (WHO), in 2019, around 50 million people have epilepsy, which makes it one of the most common neurological diseases worldwide. Approximately 80% of people with epilepsy are living in low- and middle-income nations. The projected ratio of the overall population with active is between 4 and 10 per 1000 people. Moreover, data from World Health Organization (WHO), 2010, stated that the total number of people with dementia globally is reported at 35.6 million and is anticipated to nearly double every 20 years, to 65.7 million in 2030 and around 115.4 million in 2050. The new cases of dementia per year across the globe are approximately 7.7 million, implying one new case every four seconds. Thus, it is anticipated that the increasing prevalence of neurovascular diseases is likely to fuel the growth of the market during the forecast period.Due to coronavirus spreading, many cities are shutting down, causing treatments and doctors/surgeons appointment cancellations. The patients suffering from critical surgeries such as spinal surgery, neurosurgery, and ENT surgery need physical awareness and need to implement procedures in the clinics. The procedure includes Intraoperative Neuromonitoring by systems, services, and accessories. Moreover, companies are also focused on manufacturing COVID diagnostics and related products. For instance, in June 2020, Ceribell Inc., a Mountain View, Calif.-based startup, deployed its cloud-linked, portable electroencephalogram (EEG) device to enable EEG assessments in minutes in emergency rooms and intensive care units. The Rapid Response EEG system is used in the Montefiore Health System in New York and at Northwell Health’s North Shore University Hospital, providers at the epicenter of the US COVID-19 crisis. Also, in April 2020, Fresenius Medical Care entered multiple partnerships with other dialysis providers to combat the COVID19 pandemic in the US. In North America, Fresenius Medical Care has collaborated with DaVita Inc. and other dialysis service providers to respond to COVID-19. This partnership is aimed to provide and support the broader kidney care community in the US by offering isolation capacity for dialysis patients infected by COVID-19. Therefore, COVID-19 had a negative impact on the EEG devices market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the EEG devices market. The North America EEG devices market is expected to grow at a good CAGR during the forecast period.
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North America EEG Devices Market Segmentation
By Product
- 32-channel EEG
- 25-channel EEG
- 40-channel EEG
- Multi channel EEG
- 21-channel EEG
- 8-channel EEG
By Application
- Brain Tumors
- Head Trauma
- Sleep Disorders
- Neuroscience
- Others
By Device Type
- Standalone Devices
- Portable Devices
By End User
- Hospitals & Clinics
- Diagnostic Centers
- Research Centers
- Academic & Research Institutes
By Country
- North America
- US
- Canada
- Mexico
Companies Mentioned
- Koninklijke Philips N.V.
- Bitbrain Technologies
- Brain Products GmbH
- g.tec medical engineering GmbH Austria
- Cognionics, Inc.
- Wearable Sensing
- Neuroelectrics
- ANT Neuro
- Mitsar Co. LTD.
- NeuroSky
- BioSemi
- EMOTIV
- InteraXon Inc
- Advanced Brain Monitoring
North America EEG Devices Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 436.1 Million |
Market Size by 2028 | US$ 733.5 Million |
Global CAGR (2021 - 2028) | 7.7% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- 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
- Excel Dataset
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- Koninklijke Philips N.V.
- Bitbrain Technologies
- Brain Products GmbH
- g.tec medical engineering GmbH Austria
- Cognionics, Inc.
- Wearable Sensing
- Neuroelectrics
- ANT Neuro
- Mitsar Co. LTD.
- NeuroSky
- BioSemi
- EMOTIV
- InteraXon Inc
- Advanced Brain Monitoring


