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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global EEG Electrodes Market Outlook
The global EEG electrodes market is anticipated to grow at a CAGR of 7.20% during the forecast period of 2024-2032.
The increased prevalence of neurological disorders, along with the growing awareness regarding its treatment, has led to the rise in the demand for EEG procedures, which is aiding the growth of the EEG electrodes market globally.
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Market Segmentation
An electroencephalogram or EEG is a procedure that uses small metal disks (electrodes) connected to your scalp to measure electrical activity in the brain. EEG is being increasingly adopted as it has a high temporal resolution in comparison to techniques like fMRI or PET.
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The global EEG electrodes market can be broadly categorised based on segments like product types, applications, end-users, and regions.
- Product Type:
- Passive Electrodes
- Active Electrodes
- Dry
- Others
- Application:
- Diagnostic Electrodes
- Therapeutic Electrodes
- Others
- End-Use:
- Hospitals
- Academic and Research Institutes
- Others
The EMR report looks into the regional EEG electrodes markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The growing incidences of neurological disorders and the rise in the demand for dry electrodes over electrolyte gels are driving the growth of the global EEG electrodes market. In wet Ag /AgCl electrodes, the repeated use of electrolyte gels can cause skin irritation. Dry electrodes help to overcome such problems by removing the need for wet gel by making direct contact with the scalp and significantly reducing setup time. The decreased setup time is especially useful for studies in hospital settings. Dry electrodes also help to reduce the time required between successive recording sessions. These favourable properties are expected to drive the growth of the dry electrodes segment. Developing conductive textile in dry contact electrodes would further increase its market for long-term applications. Thus, the growing use of dry electrodes is expected to aid the overall EEG electrodes industry over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global EEG electrodes market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Medtronic plc (NYSE: MDT)
- General Electric Company (NYSE: GE)
- NeuroWave Systems Inc.
- Ambu A/S (CPH: AMBU-B)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by End-Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global EEG electrodes market is projected to grow at a CAGR of 7.20% between 2023 and 2032.
The major drivers expected to aid market growth are the increasing population, surging prevalence of neurological disorders, growing demand for improved healthcare facilities, and increasing technological advancements.
The growing research and development activities in the field of biotechnology and favourable initiatives by various governments are the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Passive electrodes, active electrodes, and dry electrodes, among others, are the major product types of EEG electrodes in the market.
The significant applications of the product include diagnostic electrodes and therapeutic electrodes, among others.
Hospitals and academic and research institutes, among others, are the major end-user segments of the product.
The major players in the market are Medtronic plc, General Electric Company, NeuroWave Systems Inc., and Ambu A/S, among others.
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