Global Electroencephalography (Eeg) Devices Market, 2015 to 2021

Global Electroencephalography (EEG) Devices Market, 2015–2021

Persistence Market Research

Global EEG Devices Market is Expected to
Reach US$ 1,379.7 Mn by 2021 : Persistence
Market Research

Persistence Market Research


Global Electroencephalography (EEG) Devices Market, 2015–2021
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on
Electroencephalography (EEG) Devices: Increased Demand for Advanced Imaging
Techniques for Brain Monitoring Has Led to Proliferation of EEG Devices in Recent
Years”, the global EEG devices market was valued at US$ 879.0 Mn in 2014. The market is
further expected to expand at a CAGR of 6.8% during the forecast period (2015–2021) to
reach US$ 1,379.7 Mn by 2021.

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EEG device is used to perform brain monitoring, which includes recording activities of the
brain cortex and reflecting the state of the brain. EEG offers a portable and easy way of
monitoring brain activities with classification algorithms and signal processing in a suitable
manner. Increasing R&D activities by international and regional players to introduce efficient
EEG devices is leading to competitiveness in the market. This is expected to further fuel
market growth during the forecast period.

Presently, the global EEG devices market is mainly driven by factors such as increasing the
incidence of neurological disorders, product line development, and growing healthcare
expenditure. However, factors such as lack of professionally trained personnel, availability of
substitutes, and weak spatial resolution offered by EEG are expected to restrain the growth
of the market to a certain extent.

In terms of revenue share contribution, North America is expected to dominate the global
EEG devices market during the forecast period. However, Asia-Pacific market is expected to
record highest CAGR during...