Electroencephalogram (EEG) Caps Market by Product and Geography - Global Forecast and Analysis 2019-2023

Published: Sep 2019 Pages: 123 SKU: IRTNTR32001

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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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • EEG caps for adults - Market size and forecast 2018-2023
  • EEG caps for babies - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • M&A and product launches
  • Availability of wireless and gel-free EEG caps
  • Growing preference for disposable EEG caps

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • 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.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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