Electromyogram and Electroencephalogram Monitoring Market Size, Share, & COVID-19 Impact Analysis | Global | 2022-2028 | MedCore | Includes: EMG Monitors, EMG Consumables, EEG Monitors, and EEG Electrodes
- Year: 2022
- Scope: 10 Years
- Region: Global
- Type: MedCore
In 2021, the global electromyogram monitoring market size was valued at $247 million. The total market size is expected to increase at a compound annual growth rate (CAGR) of 2% to exceed $283 million by 2028. Additionally, in 2021 the global electroencephalogram monitoring market size was valued at $434 million. The total market size is expected to increase at a compound annual growth rate (CAGR) of 6% to reach $655 million by 2028.
The full report suite on the global market for electromyogram (EMG) monitoring includes both EMG monitors and EMG consumables. EMG consumables are broken out by concentric needles, monopolar needles and surface electrodes.
The full report suite on the global market for electroencephalogram (EEG) monitoring includes EEG monitors and EEG electrodes. EEG electrodes are further broken out by reusable electrodes and disposable electrodes.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2028, and Historical Data to 2018
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Volumes
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- COVID-19 Impact Analysis
GLOBAL ELECTROMYOGRAM MONITORING MARKET TRENDS
The demand for EMG devices is expanding into newer areas, such as the operating room (OR) and rehabilitation, which has opened up additional opportunities for EMG procedures to be performed. The market for EMG devices may see future growth as a result of continuing expansion into new areas of hospitals and alternate care sites. Furthermore, many countries worldwide are experiencing rapid improvements to their overall healthcare infrastructure, which is allowing for greater and greater numbers of patients to be treated each year.
GLOBAL ELECTROENCEPHALOGRAM MONITORING MARKET TRENDS
EEG monitoring has become a vital measurement of cerebral health in both acute and sub-acute care areas within hospitals and alternate care sites. More specifically, EEG is becoming more prevalent within the ICU as a stable parameter to be monitored. Specifically, there is now an awareness of the high incidence of undocumented non-convulsive seizures within the ICU. Growing interest and knowledge in EEG and neuron-physiological monitoring in general will drive this market.
GLOBAL ELECTROMYOGRAM MONITORING MARKET SHARE INSIGHTS
Overall, within the global electromyogram monitoring market there are two dominant competitors: Natus Medical, and Nihon Kohden.In 2021, Natus Medical was the leader of the global EMG monitoring market. The company continues to increase its market share through the acquisition of other companies.
GLOBAL ELECTROMYOGRAM MONITORING MARKET SHARE INSIGHTS
Overall, within the global electroencephalogram monitoring market there are two dominant competitors: Natus Medical, and Nihon Kohden. In 2021, Natus Medical held the leading position in the global EEG monitoring market. The company was relatively dominant in both North America and Western Europe. However, Natus is less competitive in the rest of the world.
MARKET SEGMENTATION SUMMARY
You can view all these included reports and segmentation here:
Electromyogram Monitoring Market,
- EMG Monitors – Globally, the EMG monitor market is expected to increase at a modest rate over the forecast period.
- EMG Consumables – The total market for EMG consumables includes concentric needles, monopolar needles and surface electrodes.
Electroencephalogram Monitoring Market,
- EEG Monitors – In 2021, the EEG monitor market experienced modest growth. However, over the forecast period, this growth is expected to increase to mid-single digits.
- EEG Electrodes – The total EEG electrode market includes both disposable and reusable devices. In 2021, the majority of the market was disposable products.
Global Research Scope Summary
|Regions|| North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
|Quantitative Coverage||Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.|
|Qualitative Coverage||COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.|
|Data Sources||Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.|
iData’s 9-Step Research MethodologyOur reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.
Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.
Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.
Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.