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The EEG and EMG devices market size is forecast to increase by USD 793.5 billion at a CAGR of 7.84% between 2023 and 2028.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The EEG (Electroencephalography) and EMG (Electromyography) devices market is experiencing significant growth, with the EEG segment holding the largest market share. Factors driving this growth include the rising prevalence of neurological disorders, advancements in technology leading to new product launches, and increasing investments in wireless and portable EEG devices. For instance, in late 2022, mBrainTrain LLC introduced the new portable EEG device, mBrainTrain smart PRO, suitable for indoor, outdoor, and hyper-scanning applications. Applications for these devices span home care, outpatient, ambulatory care, research, and education. Sampling errors and poor spatial resolution are challenges in EEG data capture, but advancements in technology are addressing these issues. Applications of EEG and EMG devices include the diagnosis and monitoring of conditions such as narcolepsy and brain infections. Wearable devices enable real-time review and daily reporting of complete data sets, providing valuable insights into electrical impulses and muscle activity.
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The EEG devices segment was valued at USD 815.70 million in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market for Electroencephalogram (EEG) and Electromyography (EMG) devices is anticipated to experience significant growth due to the increasing prevalence of neurological disorders, such as epilepsy and neuromuscular disorders, which affect approximately 150,000 Americans annually. EEG devices are primarily utilized for monitoring and diagnosing seizures in epilepsy patients, making the growing incidence of this condition a major driver for market expansion in the region. Market participants are responding to this trend by launching new products to strengthen their market position and cater to the increasing demand for these devices.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing prevalence of neurological conditions is the key driver of the market.
Increasing popularity of hybrid brain-computer interface techniques is the upcoming trend in the market.
The market for these devices is expected to grow as the prevalence of neurological disorders, such as migraines, Alzheimer's disease, multiple sclerosis, and Parkinson's disease, increases. The geriatric and pediatric populations are particularly vulnerable to neurological disorders, further driving demand for these devices. Minimally invasive procedures, such as EEG dry electrodes and surface electromyography (sEMG), are becoming increasingly popular due to their non-invasive nature and ease of use. Neurophysiology equipment, including EEG and EMG, plays a crucial role in understanding brain function, cognition, and sensor processing, providing valuable insights into the human body's electrical impulses.
High costs associated with EEG and EMG procedures is a key challenge affecting the market growth.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The medical field assesses various neurological and muscle disorders. EEG measures the electrical activity of the brain, while EMG evaluates the electrical activity of skeletal muscles. Both techniques provide valuable insights into brain function and muscle activity. EEG equipment consists of electrodes placed on the scalp to record brain wave patterns. These patterns can indicate normal brain activity or abnormalities associated with neurological conditions such as seizures, epilepsy, head injuries, dizziness, and headaches. Additionally, EEG is used to diagnose and monitor brain tumors, sleeping disorders, and brain infections. EMG equipment, on the other hand, measures the electrical activity of muscles by using electrodes placed on the skin over the muscle. This information is crucial for diagnosing and monitoring neurological disorders such as motor neuron diseases, strokes, encephalopathy, and muscle disorders like dystrophy, polymyositis, and myasthenia gravis. EMG is also used to diagnose conditions like herniated disks, polio, and amyotrophic lateral sclerosis. EEG and EMG equipment have evolved significantly over the years, with advancements in technology leading to more portable and minimally invasive devices. Portable EEG machines enable doctors to perform tests outside of traditional clinical settings, increasing accessibility and convenience for patients.
Furthermore, the integration of computer software and cloud devices allows for automatic data backfill, real-time review, and daily reporting, ensuring a complete data set for accurate diagnosis and treatment. The global market for EEG and EMG equipment is driven by the increasing prevalence of neurological and muscle disorders worldwide. According to the World Health Organization, approximately 50 million people worldwide have epilepsy, making it one of the most common neurological disorders. Additionally, the geriatric and pediatric populations are particularly susceptible to neurological disorders, further increasing the demand for EEG and EMG equipment. EEG and EMG equipment also find applications in preventive care, such as monitoring brain function, cognition, and sensory processing. Wearable devices and flexible headbands, like the Dreem headband (DH), offer a non-invasive approach to EEG data capture, making brainwave monitoring more accessible to a wider population. Despite the advancements in EEG and EMG technology, challenges remain. Sampling errors and poor spatial resolution can impact the accuracy of the data, necessitating ongoing research and development efforts to improve these aspects of the equipment. Additionally, disturbances from the surroundings can affect the quality of the data, highlighting the importance of proper setup and technique when using EEG and EMG equipment. In conclusion, the EEG and EMG equipment market is driven by the increasing prevalence of neurological and muscle disorders, as well as advancements in technology that enable more portable, minimally invasive, and user-friendly devices.
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Market Scope |
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Report Coverage |
Details |
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Page number |
163 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.84% |
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Market growth 2024-2028 |
USD 793.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.12 |
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Key countries |
US, Germany, Japan, France, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Modality
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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