Global Epilepsy Monitoring Devices Market 2018-2022

The global epilepsy monitoring devices market is forecasted to reach a value of almost USD 660 million by 2022, boosted by the advent of wearable epilepsy monitoring watch. This study provides an extensive analysis of the epilepsy monitoring devices market by covering all aspects that are likely to make an impact on the growth of the industry. This market research report critically examines the competitive landscape and includes some epilepsy monitoring unit manufacturers that include like Compumedics, Koninklijke Philips, and Medtronic.

Let’s dissect some key facts about the applications of seizure monitoring units in Technavio’s market research report below and how the recent developments in epilepsy monitoring devices will boost the market.

Growing incidences of epileptic seizures will drive the demand for epilepsy monitoring devices

Technavio’s analysts have identified the increased number of epilepsy diagnosis as a major factor behind the growth of epilepsy monitoring unit manufacturers. Epilepsy is associated with brain malfunction, tumors, and birth-related injuries, which disrupt the neurons in the brain resulting in faulty electrical activity. According to the CDC, more than 3.4 million people were living with epilepsy in the US at the end of 2015. The number of epilepsy cases has increased over the past few years across the globe, which has surged the demand for epileptic seizure monitoring unit. Presently, around 0.7% of the global population is living with epilepsy, and it is expected to grow rapidly over the next few years to boost the growth of the epilepsy monitoring devices industry during the period of forecast.

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Compumedics, Koninklijke Philips, and Medtronic are some key epilepsy monitoring device manufacturers

The global epilepsy monitoring devices market is growing reasonably concentrated with the presence of few established epilepsy monitoring unit manufacturers across the world. Several seizure monitoring unit companies have introduced wearable devices such as epilepsy monitoring watch for the detection and illustration of epilepsy. The growing adoption of wearable epilepsy monitoring devices is forecasted to contribute to the growth of the market over the coming five years. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this epilepsy monitoring devices industry analysis report will aid clients identify new growth opportunities and design innovative strategies for business expansion.

The report offers a complete analysis of some key epilepsy monitoring device manufacturers:

• Compumedics
• Koninklijke Philips
• Medtronic
• Natus Medical
• Nihon Kohden

The Americas will be the largest driver of the global epilepsy monitoring devices market

Technavio’s market research report covers the following regions:

• The Americas
• EMEA
• APAC

About 46% of the market’s incremental growth is expected to originate from the Americas over the next five years, followed by EMEA and APAC. The largest market share was held by the Americas in 2017 owing to the growing prevalence of epilepsy, increasing mergers & acquisitions and funding initiatives, and rising number of companies in the region. Also, the Americas are forecasted to continue dominating the market by the end of 2022, while APAC will witness a faster market growth compared to EMEA during the next five years.

Key highlights of the global epilepsy monitoring devices market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the epilepsy monitoring devices market during the next five years
• Precise estimation of the epilepsy monitoring devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the epilepsy monitoring devices industry across various geographies such as the Americas, EMEA, and APAC
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of epilepsy monitoring devices manufacturers

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global epilepsy monitoring devices market and its stakeholders over the forecast years.

Technavio’s analysts for the epilepsy monitoring devices market have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the epilepsy monitoring devices market over the coming years are the neurostimulation devices market and the wearable medical devices market.

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