IMARC Group has recently released a new research study titled “EEG and EMG Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the EEG and EMG equipment market?
The global EEG and EMG equipment market size reached US$ 1,000.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,520.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
What is EEG and EMG equipment?
Electroencephalography (EEG) and electromyography (EMG) are two diagnostic techniques that record electrical activity in the body. EEG equipment measures electrical activity in the brain, while EMG equipment records muscle activity. Both techniques are commonly used in medical and research fields to study various conditions and diseases. EEG equipment consists of small metal discs attached to the scalp with a special adhesive paste and wires that connect the electrodes to an amplifier and computer. The equipment measures the electrical signals produced by neurons in the brain, which are then recorded and analyzed by the computer. EEG can help diagnose conditions such as epilepsy, sleep disorders, and brain tumors.
EEG and EMG Equipment Application and Uses:
On the other hand, EMG equipment includes a needle electrode that is inserted into the muscle to record the electrical activity produced by muscle fibers. The equipment also consists of an amplifier and a computer to record and analyze the data. EMG is used to diagnose conditions such as muscular dystrophy, myasthenia gravis, and carpal tunnel syndrome. One advantage of EEG and EMG equipment is that they are non-invasive and painless. They can provide valuable information about the body's electrical activity without the need for surgery or other invasive procedures.
EEG is also more commonly used in research studies, as it provides information about brain function and activity. Moreover, they are often used in combination with other diagnostic tests, such as magnetic resonance imaging (MRI) or computed tomography (CT) scans, to provide a complete picture of a patient's condition. Currently, there are various types of EEG and EMG equipment available, including portable devices that can be used in a clinical setting or at home.
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What are the growth prospects and trends in the EEG and EMG equipment industry?
The global EEG and EMG equipment market is primarily accelerated by the increasing prevalence of neurological disorders and rapid technological advancements. The burgeoning geriatric population and growing awareness about the importance of early diagnosis of neurological conditions are providing an impetus to the market growth. Furthermore, the shifting focus of healthcare providers on patient comfort and safety, as well as the escalating demand for portable and wireless devices, are propelling the market growth.
Additionally, the emergence of telemedicine and the adoption of digital health technologies have facilitated the demand for EEG and EMG equipment, as these devices can provide remote monitoring and real-time data analysis, which, in turn, is fueling the market growth. Besides this, burgeoning investments by the government bodies and private organizations of various nations for research and development (R&D), the rising number of clinical trials and studies, and the expanding application of EEG and EMG equipment in various fields, such as sports and veterinary medicine, are positively contributing to the market growth.
Moreover, the growing demand for customized EEG and EMG equipment, the inflating disposable income of consumers, and surging healthcare expenditure in emerging economies are contributing to the market growth.
Competitive Landscape with Key Players:
Who are the key players operating in the industry?
The report covers the major market players including:
EEG and EMG Equipment Key Companies:
- Allengers Medical Systems Limited
- Cadwell Industries Inc.
- Compumedics Limited (D & DJ Burton Holdings Pty Ltd.)
- Electrical Geodesics Inc. (MagstimEGI)
- General Electric Company
- Masimo Corporation
- Medtronic Plc
- Natus Medical Incorporated
- Nihon Kohden Corporation
- Zynex Inc.
Key Market Segmentation:
The report has segmented the global EEG And EMG equipment market on the basis of type, modality, application and region.
Breakup by Type:
- Electroencephalography
- Electromyography
Breakup by Modality:
- Standalone
- Portable
Breakup by Application:
- Hospitals and Clinics
- Diagnostic Centers
- Research Institutes
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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