The study covers a detailed analysis segmented by key business segments i.e. by type (Standalone and Portable) , by application (Brain Tumor, Brain Damage from Head Injury, Brain Dysfunction, Stroke and Others) and major geographies. Research Analyst at AMA predicts that European Players will contribute to the maximum growth of Global Electroencephalography Equipment market throughout the predicted period.
What is Electroencephalography Equipment?
An electroencephalogram (EEG) machine is a device used to create a picture of the electrical activity of the brain. It has been used for both medical diagnosis and neurobiological research. The essential components of an EEG machine include electrodes, amplifiers, a computer control module, and a display device. The EEG electrodes pick up on electrical activity produced by neurons. EEG machines use an array of electrodes because the brain produces different signals from different brain regions. The number of electrodes corresponds with the number of channels an EEG machine has. The more channels, the higher the resolution of EEG data captured.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Electroencephalography Equipment market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- Advanced Brain Monitoring, Inc. (United States)
- Cadwell Industries, Inc. (United States)
- Cephalon A/S (Denmark)
- Compumedics Limited (Australia)
- Fresenius SE & Co. KGaA (Germany)
- General Electric Company (GE Healthcare) (United States)
- Koninklijke Philips N.V. (Philips Healthcare) (Netherlands)
- Medtronic plc. (United States)
- Natus Medical Incorporated (United States)
- Nihon Kohden Corporation (Japan)
On 9th Feb., 2021 - Fresenius Kabi is further expanding its Austrian facilities. The company will invest more than €60 million through 2023 to expand capacity and upgrade infrastructure at its production plant in Graz and packaging center in nearby Werndorf.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Growing Demand for Efficient Brain Monitoring Devices Worldwide and Key Players are Continuously Introducing Technologically Advanced Devices
- Availability of Alternative Diagnostic Techniques Such as CT, DTI, MRI, PET
- High Cost and Lack of Trained Professionals in Emerging Nations
Surge in Investment for Advancement of Healthcare Infrastructure in Developing Economies
Key highlights of the Global Electroencephalography Equipment market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Electroencephalography Equipment market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Electroencephalography Equipment market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Electroencephalography Equipment Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electroencephalography Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electroencephalography Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Electroencephalography Equipment, Suppliers of Electroencephalography Equipment, Wholesalers, Distributors and Retailers of Electroencephalography Equipment, Healthcare Industry, Regulatory Bodies and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.