Epilepsy Monitoring Devices Market Size, Growth and Share 2023, Revenue, Trends, Competitive Analysis, Future Opportunities and Forecast 2030
Over the projected period of 2021–2030, the market for epilepsy monitoring devices is
anticipated to develop at a compound annual growth rate (CAGR) of 5.6%.
Epilepsy is a severe, persistent brain disorder that is
not contagious and is characterised by unanticipated, recurrent sensory
disturbance and unconsciousness. It is also characterised by aberrant
electrical activity in the brain. People of all ages can experience seizures
and other serious problems as a result of epilepsy.
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Electroencephalogram (EEG) devices are used with epilepsy
monitoring equipment to diagnose brain abnormalities. These technologies have
the ability to monitor seizures, safeguard against serious side effects from
seizures, and provide doctors with vital information on which to make patient
care decisions. Watches, anti-suffocation pillows, mattress gadgets, and
bracelets are a few of the epilepsy monitoring equipment.
GROWTH
DRIVERS:
The world's rapidly rising prevalence of epilepsy cases,
the rising preference for ambulatory healthcare, the rising need for continuous
monitoring to detect non-convulsive seizures (NCS), the rising awareness of
neurodegenerative diseases like epilepsy, the improving potential of epilepsy
monitoring devices, and the rising funding for research and development
activities, especially in mature regions, are the main factors.
Additionally, it is anticipated that there will be an
increase in the number of product launches and businesses working to create
effective epilepsy monitoring devices as well as the spread of knowledge about
the difficult epilepsy detection process, the rising adoption of wrist-worn
epilepsy monitoring devices, the increasing tendency of manufacturers to offer
solutions that can lower the number of sudden unexpected deaths in epilepsy
cases, and more.
However, during the forecast period, it is anticipated
that factors such as the lack of these devices in underdeveloped areas, the
high cost of complex epilepsy monitoring procedures and devices, and the
existence of unfavourable reimbursement policies will limit the growth of the
epilepsy monitoring devices market to some extent.
EPILEPSY MONITORING
DEVICES MARKET SEGMENTATION:
By Product:
· Wearable
Devices
· Conventional
Devices
o Deep
Brain Stimulation Devices
o Monitoring
Devices
§ EEG
Devices
§ Standard
EEG
§ Video
EEG
§ Others/Ambulatory
EEG
§ EMG
Devices
§ MEG
Devices
§ Other
Monitoring Devices
By End User:
· Hospitals
· Ambulatory
Surgery Centres & Clinics
· Neurology
Centres
· Diagnostic
Centres
· Home
Care Settings
By Region:
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle
East and Africa
KEY COMPANIES IN
EPILEPSY MONITORING DEVICES MARKET:
· Abbott
Laboratories Inc.
· LivAssured
B.V.
· BioSerenity
· Aleva
Neurotherapeutics
· Advanced
Brain Monitoring
· Lifelines
Neuro Company, LLC
· Mindray
Medical International Ltd.
· Cadwell
Industries Inc.
· Natus
Medical Incorporated
· Compumedics
Limited
· Empatica
Inc.
· Nihon
Kohden Corporation
· Medtronic
Plc
· Masimo
Corporation
· Boston
Scientific Corporation
· Drägerwerk
AG & Co. KGaA
· NeuroWave
Systems Inc.
· PulseGuard
International Ltd.
· Koninklijke
Philips N.V
· Other
Players
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