Global EEG amplifiers market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 7.5% during the forecast period.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Electroencephalography (EEG) is a monitoring technology that is used to record or measure the electrical activity of the human brain. The EEG amplifier is an instrument and a segment of the data acquisition system, which is responsible for amplifying, accommodating, and converting the electrical analog signals into a digital signal. It is specially designed and manufactured to use in a brain-computer interface (BCI).
A growing adoption of EEG amplifiers in neurobiological research and medical diagnosis applications is the major driving factor behind the growth of the market. An increasing demand for battery powered and low power consumption based EEG amplifiers, surge in the demand for portable EEG machines, growing health awareness among people, ever-increasing old age population, rising significance of EEG amplifiers in point-of-care applications and escalating demand of EEG amplifiers from healthcare industry are expected to improve the growth of the market during the forecast period.
Nevertheless, high costs of EEG amplifiers and poor spatial resolution of EEG are the major restraining factors that could obstruct the growth of the market.
Global EEG Amplifiers Market: Segmentation Analysis
By channel, 32-channel segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A 32 channel EEG amplifiers are designed for EEG recording, monitoring, and providing spectral analysis of the EEG signals of the human brain. A growing adoption of 32-channel EEG amplifiers for brain control interface applications owing to its benefits such as low noise, battery operated system, ability to record video and high input impedance is accredited to the growth of the market.
By application, hospital segment is projected to witness fast growth at a CAGR of XX% during the forecast period. A surge in the adoption of advanced medical equipment by hospitals and rising R&D investments are attributed to the growth of the market. Rising adoption of EEG amplifiers in hospitals to detect issues in the brain’s electrical activities associated with brain disorders such as seizure disorders, brain tumor, head injury, memory problems, sleep disorders, dementia and many others is expected to propel growth of the market during the forecast period.
Global EEG Amplifiers Market: Regional Analysis
Region-wise, North America held the largest market share in 2019 and is projected to witness high growth at CAGR of XX% during the forecast period. The US and Canada are the major key contributors behind the growth of the market. The growth is attributed to the rising adoption of medical equipment in healthcare industry across the region.
A growing demand for EEG amplifiers in clinics and hospitals, rapid development in healthcare infrastructure, massive availability of advanced treatment solutions and products, rising number of cases related with brain disorder and increased awareness among people across the region are driving the growth of the market.
The objective of the report is to present a comprehensive analysis of the Global EEG Amplifiers Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global EEG Amplifiers Market dynamics, structure by analyzing the market segments and projects the Global EEG Amplifiers Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global EEG Amplifiers Market make the report investor’s guide.
Scope of Global EEG Amplifiers Market
Global EEG Amplifiers Market, By Channel
Global EEG Amplifiers Market, By Application
Global EEG Amplifiers Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global EEG Amplifiers Market, Key Players
• Natus Medical
• EB NEURO
• Nihon Kohden
• Electrical Geodesics
• AD Instruments
• Mega Electronics
• Medical Computer Systems
• Moberg Research
• BIOPAC Systems
• ANT Neuro
• Mennen Medical
• Deymed Diagnostic
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