South and Central America EEG Machines Market Growth and Forecast by 2028
South and Central America EEG Machines Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Integrated EEG, and Portable EEG), Application (Disease Diagnosis, Sleep Monitoring, Anesthesia Monitoring Trauma and Surgery, and Others), and End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Research Laboratories, and Others)
- Report Date : Mar 2022
- Report Code : TIPRE00027734
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 119
The South and Central America EEG machines market is expected to reach US$ 116.80 million in 2028 from US$ 67.92 million in 2021; it is estimated to grow at a CAGR of 8.8% from 2021-2028.
The growth of the South and Central America EEG machines market is attributable to growing product launches and increasing neurological disorders. However, the high cost of EEG machines is a key factor restraining the market growth.
Growing demand for the treatment of neurological disorders and increasing product developments have resulted in increased product launches. Various companies have increased the R&D activities that have helped them launch various innovative EEG machines and associated products and services in the market. The product launches in the market have contributed to the market growth in the past years, which is likely to continue during the forecast period. In April 2020, Brain Scientific Inc. launched an online store to offer its FDA-cleared NeuroCap and NeuroEEG technology. The launch of NeuroCap, a disposable product with 22 electrodes and 19 active EEG channels, will help minimize cross-contamination and optimize sanitary practice.
Similarly, in September 2019, Nihon Kohden announced the launch of its VitalEEG wireless electroencephalogram headset in the US. VitalEEG system helps in evaluating brain-wave information of unconscious patients. The product is developed and designed to quickly set up and allow efficient placement of electrodes within five minutes. As per Nihon Kohden, the Vital EEG system will allow clinicians and physicians to assess brain health and determine the best treatment methods for unconscious patients in less time.
Similarly, the growing geriatric population is expected to influence the incidence of neurological disorders. According to the World Health Organization (WHO) statistics, 2018, the total population over 60 years of age will grow at a rate of 22% by 2050 from 12% in 2015. Hence, owing to the above-mentioned statistics, the demand for EEG machines is expected to increase, which, in turn, will propel market growth.
The Pan American Health Organization (PAHO) has recommended using medical instruments or equipment for home care to avoid exposure in healthcare facilities. Therefore, it is expected to offer growth opportunities to EEG machines players to enhance their sales in the region. Also, the growing geriatric population is more prone to get neurological disorders. The rise of the second wave of COVID-19 has increased stress among adults, which is likely to increase the demand for EEG machines in the coming years.
South and Central America EEG Machines Market Revenue and Forecast to 2028 (US$ Mn)
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SOUTH AND CENTRAL AMERICA EEG MACHINES MARKET SEGMENTATION
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
SOUTH AND CENTRAL AMERICA EEG MACHINES MARKET SEGMENTATION
By Product Type
- Integrated EEG
- Portable EEG
By Application
- Disease Diagnosis
- Trauma and Surgery
- Sleep Monitoring
- Anesthesia Monitoring
- Others
By End User
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Research Laboratories
- Others
By Country
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Koninklijke Philips N.V.
- Medtronic
- Natus Medical Incorporated
- Advanced Brain Monitoring
- Nihon Kohden Corporation
- Fresenius SE & Co. KGaA
- D & DJ BURTON HOLDINGS
- Cephalon A/
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South and Central America EEG Machines Market – By Product Type
1.3.2 South and Central America EEG Machines Market – By Application
1.3.3 South and Central America EEG Machines Market – By End User
1.3.4 Middle East and Africa EEG Machines Market– By Country
2. EEG Machines Market– Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America EEG Machines Market– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South and Central America PEST Analysis
4.3 Expert Opinion
5. EEG Machines Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Product Launches
5.1.2 Increasing Neurological Disorders
5.2 Market Restraints
5.2.1 High Cost and Disadvantages of EEG Machines
5.3 Market Opportunities
5.3.1 Innovation for Automated Seizure Detection in Epilepsy
5.4 Future Trends
5.4.1 Emergence of Neuromarketing
5.5 Impact Analysis
6. EEG Machines Market – South and Central America Analysis
6.1 South and Central America EEG Machines Market Revenue Forecast and Analysis
7. EEG Machines Market Analysis - Product Type
7.1 Overview
7.2 EEG Machines Market, by Product Type 2020 & 2028 (%)
7.3 Integrated EEG
7.3.1 Overview
7.3.2 Integrated EEG: EEG Machines Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Portable EEG
7.4.1 Overview
7.4.2 Portable EEG: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8. EEG Machines Market Analysis - Application
8.1 Overview
8.2 EEG Machines Market, by Application 2020 & 2028 (%)
8.4 Disease Diagnosis
8.4.1 Overview
8.4.2 Disease Diagnosis: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Sleep Monitoring
8.5.1 Overview
8.5.2 Sleep Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Trauma and Surgery
8.6.1 Overview
8.6.2 Trauma and Surgery: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Anesthesia Monitoring
8.7.1 Overview
8.7.2 Anesthesia Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
9. EEG Machines Market Analysis-End User
9.1 OVERVIEW
9.2 EEG Machines Market, by End User 2020 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
9.4 Diagnostic Centers
9.4.1 Overview
9.4.2 Diagnostic Centers: EEG Machines Market– Revenue and Forecast to 2028 (USD Million)
9.5 Ambulatory Surgical Centres
9.5.1 Overview
9.5.2 Ambulatory Surgical Centers: EEG Machines Market - Revenue and Forecast to 2028 (USD Million)
9.6 Research Laboratories
9.6.1 Overview
9.6.2 Research Laboratories: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
10. South and Central America EEG Machines Market –Regional Analysis
10.1 South and Central America: EEG Machines Market
10.1.1 Overview
10.1.2 South and Central America: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.3 South and Central America: EEG Machines Market, by Product Type, 2020–2028 (USD Million)
10.1.4 South and Central America: EEG Machines Market, by Application, 2020–2028 (USD Million)
10.1.5 South and Central America: EEG Machines Market, by End User, 2020–2028 (USD Million)
10.1.6 South and Central America: EEG Machines Market, by Country, 2020 & 2028 (%)
10.1.7 Brazil: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.1 Brazil: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.2 Brazil: EEG Machines Market, by Product Type, 2019–2028 (USD Million)
10.1.7.3 Brazil: EEG Machines Market, by Application, 2020–2028 (USD Million)
10.1.7.4 Brazil: EEG Machines Market, by End User, 2020–2028 (USD Million)
10.1.8 Argentina: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.1 Argentina: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.2 Argentina: EEG Machines Market, by Product Type, 2020–2028 (USD Million)
10.1.8.3 Argentina: EEG Machines Market, by Application, 2020–2028 (USD Million)
10.1.8.4 Argentina: EEG Machines Market, by End User, 2020–2028 (USD Million)
10.1.9 Rest of South and Central America: EEG Machines Market- Revenue and Forecasts to 2028 (USD Million)
10.1.9.1 Rest of South and Central America: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.2 Rest of South and Central America: EEG Machines Market, by Product Type, 2020–2028 (USD Million)
10.1.9.3 Rest of South and Central America: EEG Machines Market, by Application, 2020–2028 (USD Million)
10.1.9.4 Rest of South and Central America: EEG Machines Market, by End User, 2020–2028 (USD Million)
11. Impact Of COVID-19 Pandemic on South & Central America EEG Machines Market
11.1 South & Central America: Impact Assessment of COVID-19 Pandemic
12. EEG Machines Market– Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Koninklijke Philips N.V.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Natus Medical Incorporated
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nihon Kohden Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Fresenius SE & Co. KGaA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Advanced Brain Monitoring
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 D & DJ BURTON HOLDINGS
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cephalon A/S
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. South and Central America EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 2. South and Central America EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 3. South and Central America EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Brazil EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 10. Rest of South and Central America EEG Machines Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of South and Central America EEG Machines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of South and Central America EEG Machines Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, EEG Machines Market
LIST OF FIGURES
Figure 1. EEG Machines Market Segmentation
Figure 2. EEG Machines Segmentation, By Country
Figure 3. Middle East and Africa EEG Machines Market Overview
Figure 4. Integrated EEG Held Largest Share of Product Type Segment in EEG Machines Market
Figure 5. SCAM EEG Machines Market– Leading Country Markets (US$ Million)
Figure 6. South and Central America: PEST Analysis
Figure 7. EEG Machines Market Impact Analysis of Drivers and Restraints
Figure 8. South and Central America EEG Machines Market– Revenue Forecast and Analysis – 2020- 2028
Figure 9. EEG Machine Market, by Product Type 2020 & 2028 (%)
Figure 10. Integrated EEG: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Portable EEG: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. EEG Machines Market, by Application 2020 & 2028 (%)
Figure 13. Disease Diagnosis: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Sleep Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Trauma and Surgery: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Anesthesia Monitoring: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: EEG Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. EEG Machines Market, by End User 2020 & 2028
Figure 19. Hospitals: EEG Machines Market– Revenue and Forecast to 2028 (USD Million)
Figure 20. Diagnostic Centers: EEG Machines Market– Revenue and Forecast to 2028 (USD Million)
Figure 21. Ambulatory Surgical Centers: EEG Machines Market- Revenue and Forecast to 2027 (USD Million)
Figure 22. Research Laboratories: EEG Machines Market- Revenue and Forecast to 2028 (USD Million)
Figure 23. Others: EEG Machines Market- Revenue and Forecast to 2028(USD Million)
Figure 24. South and Central America: EEG Machines Market, by Key Country – Revenue (2020) (USD Million)
Figure 25. South and Central America EEG Machines Market Revenue and Forecast to 2028 (USD Million)
Figure 26. South and Central America: EEG Machines Market, by Country, 2020 & 2028 (%)
Figure 27. Brazil: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. Argentina: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Rest of South and Central America: EEG Machines Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Impact Of COVID-19 Pandemic in South & Central America Market
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
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Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
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The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
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Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
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The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
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