Electroencephalography devices have bowed out to be auspicious devices that are utilized to measure and record electrical happenings in the brain. These devices utilized in the diagnosis of several neurological disorders such as epilepsy, Parkinson’s disease, and Alzheimer's disease. Owing to this augmented use and requirement for high-quality EEG devices, there are several companies that cater to the specific requirements of EEG users. Each offers something exclusive for the customer, whether it’s the number of channels, a stationary or transportable device, the predefined metrics obtainable, or the price of the device.
According to the report analysis, ‘Global Consumer EEG Device Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that Emotiv, Neurosky, MUSE, Melon, Versus Headset, Melomind, IMEC, Mindo, Wearable Sensing, CUSOFT, Mattel, Macrotellect, Neorowear and several others are the foremost companies which recently operating in worldwide consumer EEG device more effectively over the inflowing years while delivering the better consumer satisfaction, increasing the applications and specifications of such, establishing the several research and development programs, spreading the awareness connected to the applications of such, analysing the strategies and policies of the government as well as corporates, implementing the policies of the enlargements and profit making, improving the qualitative and quantitative strategies, and employing the young and intellectual personnel.
Nonetheless, the great prevalence of such as epilepsy, sleeping disorders, brain tumor, Parkinson’s disease, and stroke amongst other neurological disorders is a foremost factor anticipated to influence the growth. According to the World Health organization (WHO), over 50 million individuals are affected by epilepsy; and more than 35.6 million individuals worldwide are anguish from Alzheimer’s disease and dementia.
In addition, the effective growth in awareness about neurological diseases and disorders in developed and underdeveloped regions is projected to boost the market. Additionally, the foremost augment in government funding for neuroscience-related R&D is underwriting to the market growth a high extent. Moreover, speedily developing healthcare infrastructure and augmenting the disposable income in Asian countries is projected to assistance the requirement for advanced electroencephalography (EEG) devices and systems.
Furthermore, summary of technologically advanced products such as portable electroencephalography systems is projected to drive the market. The proficient growth in focus on neuroscience, cognitive psychology, and psychophysiological research activities have led to augmented the demand for advanced systems.
Although, the current technology advances in electroencephalography devices make a robust case for their place within the diagnosis spectrum of the neurological disorders. A foremost growth in the acceptance of EEG devices in surgery centers and augment in the patient population of neurological disorders are playing an essential role in the growth of the EEG devices market.
Moreover, augment in technological advancements in the field of EEG equipment has surged the requirement for electroencephalography devices from neurologists and neurosurgeons to presently diagnose brain disorders, and this is projected to be an essential factor surging the growth of the electroencephalography devices market over the forthcoming years.
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Ankur Gupta, Head Marketing & Communications