Global Epilepsy Monitoring Devices
Market Report
2024
The global epilepsy monitoring devices market was valued at USD 516.53 million in 2022 and will reach USD 774.85 million by 2030, registering a CAGR of 5.2% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Epilepsy Monitoring Devices Market Report 2024.
The global epilepsy monitoring devices market was valued at USD 516.53 million in 2022 and will reach USD 774.85 million by 2030, registering a CAGR of 5.2% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Epilepsy Monitoring Devices Market Sales Revenue 2022 | $ 516.53 Million |
Global Epilepsy Monitoring Devices Market Sales Revenue 2030 | $ 774.85 Million |
Global Epilepsy Monitoring Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Market Split by Product Type |
|
Market Split by Application |
|
Market Split by Technology |
|
Market Split by Detection Devices |
|
Market Split by Distribution Channel |
|
Market Split by Patient Type |
|
Market Split by End Use |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Epilepsy Monitoring Devices industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Epilepsy Monitoring Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Repeated epileptic seizures are a sign of the group of non-communicable neurological disorders known as epilepsy. The clinical symptom of an abnormal, excessive, ineffective, and coordinated electrical discharge in the brain's neurons is an epileptic seizure. Epilepsy monitors are devices that alert users when a seizure occurs. Providing the person the help they require, sets off an alert. The Epilepsy Foundation claims that these monitors can be especially helpful for kids who could experience seizures while they are asleep.
With the increasing prevalence of epilepsy, technological advancement in devices, and rising awareness of minimally invasive devices Companies worldwide are investing enormous quantities in developing new devices. Major pharmaceutical firms incorporating epilepsy devices into their existing products are key factors that grow the market expansion.
All ages are affected by the chronic, noncommunicable brain disorder known as epilepsy. Both physical issues (such as fractures and bruises from seizure-related traumas) and psychological issues, such as anxiety and sadness, are more common in people with epilepsy. Similar to this, patients with epilepsy have a risk of dying prematurely that is up to three times greater than that of the general population, with rural regions and low- and middle-income nations having the greatest rates of early mortality.
According to WHO, Epilepsy affects over 50 million individuals worldwide, making it one of the most prevalent neurological conditions worldwide. People with epilepsy make up over 80% of the population in low- and middle-income nations. Each year, epilepsy affects an estimated 5 million individuals worldwide., increasing incidences of epilepsy among people across the world are expected to drive the growth of the epilepsy monitoring devices market.
Almost at the same time with standard open epilepsy surgery, neurosurgeons and epileptologists developed minimally invasive surgical techniques for the treatment of medically intractable epilepsy. These techniques have advantages in both the more conventional areas of safety and efficacy as well as the more recently recognized areas of patient acceptance and costs. Stereotactic radiofrequency thermocoagulation, laser-induced thermal treatment, laser-guided focused ultrasound ablation, and stereotactic radiosurgery employing the Gamma Knife are some of these less invasive procedures.
The benefits of minimally invasive devices include less discomfort, a shorter hospital stay, a tiny incision, muscle preservation, and accuracy. Due to all these factors demand for minimally invasive devices increases which fuels the market growth.
The cost of epilepsy surgery procedures for patients increases due to the high cost of epilepsy devices and the significant investment needed for installation. This has caused customers to switch to secondhand systems, which negatively affects their bottom lines. Complex epilepsy surgeries require advanced techniques and skills, and the cost of equipment and neurosurgeries increases due to the maintenance and power supply requirements, which limits epilepsy monitoring devices' adoption.
During the COVID-19 pandemic period, all healthcare professionals and patients are affected. COVID-19 influenced the supply chain, product, and service delivery due to the lockdown. The COVID-19 pandemic greatly influenced not just the infected patients but also other people worldwide, particularly in underdeveloped nations and their healthcare systems. Global healthcare systems were significantly damaged by the COVID-19 epidemic.
A directive from the Indian government instructs medical providers to counsel patients to weigh the advantages and disadvantages of postponing surgery. This is one of the main causes of a declining trend in the supply market for medical equipment, coupled with travel limitations and a reduction in labor. This has had a significant impact on the effectiveness and quality of medical equipment. Another issue affecting the supply of epilepsy monitoring devices is the decrease in workforce size brought on by COVID-19 infection.
We have various report editions of Epilepsy Monitoring Devices Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
An interesting new investment agreement has been revealed between Rhythmlink International, LLC, and Graham Partners, a Pennsylvania-based private equity firm that focuses on companies in the industrial technology and advanced manufacturing sectors.
LivaNova PLC, a market-leading medical technology and innovation business, to deliver VNS Therapy for the treatment of drug-resistant epilepsy, introduced SenTiva DUO, an implanted pulse generator (IPG) with a dual-pin header. This most recent IPG differs from the original SenTiva, which was only offered in a single-pin configuration, by having a dual-pin header.
September 2022,
Seer Medical Clinical monitoring company has obtained U.S. Food and Drug Administration (FDA) approval of Seer Home for the diagnosis of epilepsy via multi-day video-EEG-ECG monitoring.
March 2022,
The U.S. Food and Drug Administration (FDA) has approved ZTALMY® (ganaxolone) oral suspension for the treatment of seizures caused by cyclin-dependent kinase-like 5 deficiency disorder (CDD), a rare form of genetic epilepsy, in patients two years of age and older, as announced by Marinus Pharmaceuticals, Inc., a pharmaceutical company committed to the development of novel therapeutics to treat seizure disorders.
August 2021,
The InSight Platform, an online portal that enables doctors to remotely review patient progress, find valuable insights, and monitor their clinic's overall patient outcomes, has officially launched, by NeuroPace, Inc., a medical technology company committed to improving the lives of people with epilepsy.
Top Companies Market Share in Epilepsy Monitoring Devices Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America is accounted largest revenue market share compared to the Asian Pacific and Europe. Various factors are the reason for increasing demand for the epilepsy monitoring devices market in North America such as the rising prevalence of various neurological disorders such as epilepsy, Alzheimer's disease, Parkinson's disease, major depression, spinal cord injury, traumatic brain damage, and others in the region. The United States has a high number of neurological conditions such as epilepsy. Therefore, there is an increasing demand for epilepsy monitoring devices for the diagnosis of such diseases. The rising diagnosis and treatment rate for these diseases further encourages the demand for minimally invasive devices in the region thus providing a significant opportunity in the market.
The high incidence of neurological disorders rises the demand for accurate diagnosis and plans of efficient and on-time treatment by the healthcare provider. The sector is well known for adopting new technology more quickly to better service the big patient base. North American regions are adopting different strategies, such as acquisitions, partnerships, mergers, partnerships, and strengthening distribution networks to fuel their growth and expansion of the market
The current report Scope analyzes Epilepsy Monitoring Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Epilepsy Monitoring Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Epilepsy Monitoring Devices Industry growth. Epilepsy Monitoring Devices market has been segmented with the help of its Product Type, Application Technology, and others. Epilepsy Monitoring Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Product type segments market into conventional devices, smart devices, and wearable devices. In which conventional devices held the largest market share.
The term "conventional devices" refers to equipment used to monitor patients using electroencephalograms (EEG) continuously. In hospitals and clinics, conventional equipment is frequently utilized for ongoing patient monitoring. Professionals can accurately diagnose the kind of seizure to provide the best course of therapy using conventional technology. These elements can be linked to the rising need for continuous, non-invasive epilepsy monitoring.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Epilepsy Monitoring Devices Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Epilepsy Monitoring Devices from 2019 to 2031. This will also help to analyze the demand for Epilepsy Monitoring Devices across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Epilepsy Monitoring Devices are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Epilepsy Monitoring Devices market report 2024 Edition by contacting our team.
By technology, the market is segmented into deep brain stimulation, responsive neurostimulation, vagus nerve stimulation, and accelerometer. In which deep brain stimulation held the largest market share.
Deep brain stimulators are growing in acceptance. The open loop or continuing, stimulation provided by the deep brain stimulator system for treating epilepsy is meant to change brain activity just enough to stop or slow down the onset or spread of a seizure.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Epilepsy Monitoring Devices Market is witnessing significant growth in the near future.
In 2023, the Conventional devices segment accounted for noticeable share of global Epilepsy Monitoring Devices Market and is projected to experience significant growth in the near future.
The Hosipitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Medtronic Plc , Boston Scientific Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product Type | Conventional devices, Smart Devices, Wearable devices |
Application | Hosipitals, Clinics |
Technology | Deep brain Stimulation, Responsive neurostimulation, Vagus Nerve stimulation, Accelerometer |
Detection Devices | Electroencephalogram, Intracranial EEG, Surface Electromyography, Video Detection systems |
Distribution Channel | Retail Sales, Online Sales, Direct Tenders, Others |
Patient Type | Pediatrics, Geriatrics, Adults |
End Use | Hospitals, Neurology centers, Ambulatory services, Home Care Settings, Diagnostic centers |
List of Competitors | Medtronic Plc, Abbott Laboratories, Boston Scientific Corporation, LivaNova PLC., NeuroPace, Marinus Pharmaceuticals Natus Medical Inc., Cadwell Industries, Nihon Kohden Corporation, Masimo Corporation, The Magstim Co. Ltd, Compumedics Limited, Empatica Inc. |
This chapter will help you gain GLOBAL Market Analysis of Epilepsy Monitoring Devices. Further deep in this chapter, you will be able to review Global Epilepsy Monitoring Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Epilepsy Monitoring Devices Market Trends North America Epilepsy Monitoring Devices Technological Road Map North America Epilepsy Monitoring Devices Market Drivers North America Epilepsy Monitoring Devices Market Restraints North America Epilepsy Monitoring Devices Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Technology Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Detection Devices Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Distribution Channel Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 15 Market Split by Patient Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 16 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Epilepsy Monitoring Devices market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Conventional devices have a significant impact on Epilepsy Monitoring Devices market? |
What are the key factors affecting the Conventional devices and Smart Devices of Epilepsy Monitoring Devices Market? |
What is the CAGR/Growth Rate of Hosipitals during the forecast period? |
By type, which segment accounted for largest share of the global Epilepsy Monitoring Devices Market? |
Which region is expected to dominate the global Epilepsy Monitoring Devices Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Epilepsy Monitoring Devices Market
Request Sample