Electroencephalography is considered as a diagnostic test used to detect abnormalities in the brain activity of a person. EEGs can be used to evaluate several types of brain disorders, including drug intoxication, trauma, improper blood flow in brain, and tumors among others. The high prevalence of brain and neurological disorders in the European population, especially among the adolescent and aged, is creating a huge demand for EEG and other brain devices. Furthermore, out of the total cost incurred in the treatment of brain disorders, the healthcare cost is calculated at 40%, solely in the European region. Thus, healthcare expenditure is one of the most important factors impacting the growth of the EEG market.
The European electroencephalograph market accounted for a 25% share of the global market in 2013. It is projected to grow at a CAGR of 9.80%, from 2013 to 2018. Germany & France are the main contributors to the European EEG market. Mental and neurologic disorders are quite prevalent in the European region, thereby resulting in the overall increased demand of electroencephalography devices.
Research statistics have concluded that in each year, approximately 38% of the European population is affected by one of the various kinds of mental/brain disorders. This high incidence of brain disorders, patent cliffs, and the increased adoption of brain monitoring devices in the region are major factors driving the growth of the European electroencephalograph market. The focus of this market is mainly on pediatric and geriatric patients in this region. Major companies contributing to its growth are Spiegelberg GmbH & Co. KG (Germany), Elekta (Sweden), and Natus Medical, Inc. (U.S.) among others.
The European electroencephalograph market report provides details of the market segmentation, competitive landscape, and top companies operating in the concerned market. The European market has been segmented on the basis of application and geography. Germany, France, and the U.K., are countries that have been considered for this extensive market analysis. In Europe, electroencephalograms find its application mainly in the detection of brain tumors, sleeping disorders, epilepsy, and coma & brain death among others. The market report also provides a comprehensive overview of the research methodology, market drivers & restraints, and upcoming business opportunities.
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
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European Brain Monitoring Devices The European Brain monitoring Devices Market, mainly driven by rising incidences of autoimmune and cardiovascular diseases, brain disorders and sleep disorders. The European Brain monitoring market was valued at $279.9 million in 2012 and is poised to grow at a CAGR of 8.6% to reach $458.5 million by 2018. The European Brain monitoring Devices market segmented by product such as Electroencephalograph, Transcranial Doppler, Magnetoencephalograph, Intracranial Pressure Monitor, Cerebral Oximeter, and Acessories. The main companies operating in Brain monitoring devices market and extensively covered in this report are Nihon Kohden Corporation, Nonin Medical Inc, Elekta AB, and Advanced Brain monitoring, Inc., Yokogawa, Grass Technologies, Compumedics Ltd, Cadwell Laboratories |
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Asian Brain Monitoring Devices The Asian Brain Monitoring Devices Market, mainly driven by rising incidences of autoimmune and cardiovascular diseases, brain disorders and sleep disorders. The Asian brain monitoring market was valued at $162.3 million in 2012 and is poised to grow at a CAGR of 9.2% to reach $275.1 million by 2018. The Asian Brain Monitoring Devices market segmented by product such as Electroencephalograph, Transcranial Doppler, Magnetoencephalograph, Intracranial Pressure Monitor, Cerebral Oximeter, and Acessories. The main companies operating in the Asian brain monitoring devices market and extensively covered in this report are Nihon Kohden Corporation, Nonin Medical Inc, Elekta AB, and Advanced Brain Monitoring, Inc., Yokogawa, Grass Technologies, Compumedics Ltd, Cadwell Laboratories |
Upcoming |