Growing Significance of Neurological Monitoring Drives the EEG/EMG/Brain Function Monitoring Market, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on the EEG/EMG/Brain Function Monitoring markets. The global market for EEG/EMG/Brain Function Monitoring is projected to reach US$1.26 billion by the year 2018. Growth in the market is primarily driven by technology advancements and the increasing proportion of aged people, particularly in the developed world. Maximum growth in the market is anticipated from developing countries of Asia-Pacific and Latin America.
San Jose, California (PRWEB) November 01, 2012
Follow us on LinkedIn – Monitoring of neurological functions has assumed high significance, as changes in these functions are often a precursor for numerous degenerative diseases including sleep dysfunction, brain trauma, epilepsy, and stroke. Consequently, the demand for monitoring systems such as EEG and EMG monitors is growing rapidly, as they are used in preventive diagnostic procedures. Major factors attributing to the growth in the segment is the computerization/digitalization of EMG and EEG devices. The emergence of specialized neurological facilities, such as sleep centers, and EEG labs, has also contributed to enhancing the demand for EEG equipment. These specialized facilities keep track of neurological activity for detecting and documenting any distortions.
Technological developments in the industry are expected to act as a catalyst for the EEG/EMG/Brain function monitoring market in future. The introduction of scientifically advanced digital EEG equipment incorporating innovative features continues to drive the market. The new digital equipment offer cutting-edge functionality at lower costs, sophisticated seizure detection algorithms, high precision monitoring abilities, ease of operation, and inter operability that makes them ideal for brain monitoring functions. EEG systems offer significant advantages over MRI and CT equipment in terms of cost and space requirements, which makes them a suitable alternative to these procedures.
The steady increase in number of channel capacity of EEG systems from 20 to 256 and 512 today has facilitated enhanced spatial resolution. Advanced EEG systems also incorporate real-time automated signal processing techniques for high-fidelity identification and elimination of various artifacts that hinder reliable EEG analysis. The recent developments in the areas of internet-protocol data transmission and electronics technology paved the way for advanced and sophisticated amplifiers, capable of transmitting over 32 channels of digitalized information through Ethernet. At present availability of multiple channels and simple user interface has enabled uninterrupted brain activity monitoring in neonatal intensive care units (NICU). By using EEG systems, physicians are able to detect cerebral abnormalities and seizures, as well as identify potential developmental problems at an early stage.
As stated by the new market research report on EEG/EMG/Brain Function Monitoring, Europe represents the single largest EEG/EMG/brain function monitoring equipment market. Majority of the growth in the developed markets of the US and Europe is projected to generate from replacement sales and export of advanced monitoring systems to the developing countries. With epilepsy emerging as one of the most common neurological conditions in the developed countries, EEG monitoring systems are being increasingly utilized for long-term monitoring of the condition. Asia-pacific represents the fastest growing regional market for EEG/EMG/brain function monitoring equipment with a CAGR of 9.0% over the analysis period. With increased purchasing capacity of the population, and hospitals and clinics migrating to advanced treatment and monitoring related devices, the region represents the fastest growing market for EEG and EMG devices.
Major players profiled in the report include Cadwell Laboratories Inc., Compumedics Limited, Covidien, Electrical Geodesics Inc., Natus Medical Inc., NeuroWave Systems Inc., and Nihon Kohden Corporation, among others.
The research report titled "EEG/EMG/Brain Function Monitoring: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections across geographic markets including the US, Canada, Japan, Europe, Asia-Pacific, and Latin America. Key segments analyzed include Electroencephalograph Equipment, and Electromyographs/Evoked Potential Units.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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