Electroencephalography Market – Rising incidence of mental illness is expected to fuel market growth in near future
Electroencephalography is an electrophysiological monitoring method used to record electrical activity in the brain. It is generally non-invasive, with the electrodes placed along the scalp. Neural oscillations are observed on electroencephalography; measures voltage fluctuations due to ionic current in neurons in the brain. Electroencephalography is commonly used to diagnose epilepsy, a disorder of the central nervous system (a neurological disorder) in which brain activity becomes abnormal. Additionally, it is used for encephalopathies, sleep disturbances, coma, and brain death. Additionally, it is used to diagnose strokes, tumors, and brain death disorders. It is a valuable tool for research; in the field of psychophysiology, neurosciences, cognitive psychology and cognitive sciences.
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Electroencephalographs can also be used to diagnose Alzheimer’s disease, a progressive neurological disorder that causes shrinkage (atrophy) of the brain and death of brain cells. They are also used to determine the electrical activity of the brain. Blood flow to the brain during the surgical process is also monitored by electroencephalographs.
The major players active in the global electroencephalograph market are Neurosoft, Danmeter, CamNtech Ltd, elmiko medical, Brain Products, NeuroWave Systems Inc., Masimo, Natus Medical Incorporated, Draeger, Inc., Medicom MTD, HEYER Medical AG and MT MonitorTechnik GmbH & CO.KG.
Growing incidence of mental illnesses and brain disorders such as psychiatric illnesses, epilepsy, and Alzheimer’s disease around the world is expected to increase the growth of the global electroencephalograph market during the forecast period. For example, according to the Alzheimer’s Association, in 2012, about 5.4 million Americans had Alzheimer’s disease, and that number is expected to grow to about 11 to 16 million by 2050.
In addition, according to Alzheimer’s disease International, in 2010, approximately 35.6 million people worldwide suffered from Alzheimer’s disease. In addition, according to the World Health Organization (WHO), approximately 50 million people worldwide suffer from epilepsy. This in turn is expected to increase the demand for electroencephalographs.
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North America is expected to experience significant growth in the global electroencephalograph market due to the increasing prevalence of mental illness in this region. For example, about one in five adults in the United States (18.5% of the American population or 43.8 million people) suffered from some form of mental illness in 2015.
In addition, Asia-Pacific is expected to experience robust market growth, owing to the increasing prevalence of mental illness in this region, especially in China and India. For example, according to the Journal of Indian Academy of Neurology, in 2014, around 12 million Indians suffered from epilepsy and around 70 million worldwide.
In addition, Europe is expected to experience robust growth in the global electroencephalograph market, owing to the awareness of neurological disorders.
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Chapter 1 Industry Overview
1.3 Scope of the research
1.4 Market Analysis by Regions
1.5 Global Electroencephalography Market Size Analysis from 2021 to 2027
11.6 COVID-19 outbreak: impact on the electroencephalography industry
Chapter 2 Global Electroencephalography Competition by Types, Applications and Major Regions and Countries
2.1 Global Electroencephalography (Volume & Value) by Type
2.3 Global Electroencephalography (Volume & Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional production market analysis
Chapter 4 Global Electroencephalography Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Electroencephalography Market Analysis
Chapter 6 East Asia Electroencephalography Market Analysis
Chapter 7 Europe Electroencephalography Market Analysis
Chapter 8 Southeast Asia Electroencephalography Market Analysis
Chapter 9 Southeast Asia Electroencephalography Market Analysis
Chapter 10 Middle East Electroencephalography Market Analysis
Chapter 11 Africa Electroencephalography Market Analysis
Chapter 12 Oceania Electroencephalography Market Analysis
Chapter 13 South America Electroencephalography Market Analysis
Chapter 14 Company Profiles and Key Figures of Electroencephalography Industry
Chapter 15 Global Electroencephalography Market Forecast (2021-2027)
Chapter 16 Conclusions
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