The global electroencephalogram (EEG) caps market size will grow by USD 5.99 million during 2019-2023. This market report provides a detailed analysis of the market by product (EEG caps for adults and EEG caps for babies) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several vendors in the EEG cap market including ANT Neuro, BIOPAC Systems Inc., Brain Products GmbH, Brain Scientific Inc., BrainMaster Technologies Inc., Compumedics Ltd., Mitsar Co. Ltd., Neuroelectrics, Neurosoft, and Wuhan Greentek Pty. Ltd.
Key Insights on Electroencephalogram Cap Market - Global Forecast 2019-2023
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Industry Overview
The availability of wireless and gel-free EEG caps has been identified as one of the critical electroencephalogram market trends. Wireless EEG caps are generally used in home-care settings as it enables wireless measurement of EEG readings on a Bluetooth-enabled smartphone with high-density dry or wet electrodes. The built-in bandwidth filter in wireless EEG caps helps in eliminating the environmental noise during EEG measurement. The popularity of gel-free or dry EEG caps is also rising among end-users. These EEG caps provide high impedances in a short time, are easier to apply on the patient’s head, and are free from scratching and painful procedures. Gel-free EEG caps are especially used for long-term EEG recordings of over 8 hours. These benefits of wireless and gel-free EEG caps will boost their popularity among end-users and consequently fuel the growth of the electroencephalogram cap market during the next five years.
According to the electroencephalogram caps market forecast report, the increasing prevalence of neurological diseases will also contribute to the growth of the market. Neurological disorders, such as brain tumor, brain stroke, epilepsy, brain aneurysm, sleep apnea, multiple sclerosis (MS), and Parkinson’s disease are caused due to congenital defects in genes or chromosome abnormalities. These disorders are associated with the central and peripheral nervous system and can cause seizures, pain, paralysis, muscle weakness, and neurological instability. With the increasing prevalence of such neurological diseases, the demand for EEG caps will also grow. Moreover, the prevalence of other risk factors associated with neurological disorders, such as diabetes mellitus, obesity, and hypertension, is also increasing. This will further boost the demand for EEG caps. These factors are expected to drive the EEG cap market growth at a CAGR of almost 2% during the forecast period.
Top Companies in Electroencephalogram Caps Market
The global electroencephalogram cap market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this EEG caps market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading electroencephalogram cap manufacturers, including:
- ANT Neuro
- BIOPAC Systems Inc.
- Brain Products GmbH
- Brain Scientific Inc.
- BrainMaster Technologies Inc.
- Compumedics Ltd.
- Mitsar Co. Ltd.
- Neuroelectrics
- Neurosoft
- Wuhan Greentek Pty. Ltd.
Market Segmentation
Electroencephalogram Caps Market by Product
- EEG caps for adults
- EEG caps for babies
The adult EEG cap market segment will account for the highest electroencephalogram caps market share. Adult EEG caps are used to place electrodes on the head to perform routine EEG tests for diagnosing the electrical activity of the nervous system in adults with neurological disorders. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the EEG cap market size.
Electroencephalogram Caps Market by Region
- Asia
- Europe
- North America
- ROW
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the electroencephalogram cap market throughout the forecast period. Factors such as the increasing adoption of technologically advanced diagnostic devices, rising prevalence of neurological disorders, rising healthcare expenditure, and the growing geriatric population are contributing to electroencephalogram cap market growth in this region.
Major Highlights of the Electroencephalogram Caps Market - Global Forecast 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the electroencephalogram caps market during the next five years
- Precise estimation of the global electroencephalogram cap market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the EEG cap market across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of electroencephalogram caps companies
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