The Latin America, Middle East and Africa Electroencephalography Devices Market would witness market growth of 12.3% CAGR during the forecast period (2022-2028).
As people are becoming busier in their daily lives, they take less care of their well-being. Additionally, the increased burden of work, stress caused by work, and the abnormally fast pace of lives, rather aid in the progression of degenerative mental disorders. These factors along with the increasing use of social media platforms, which significantly reduces the attention span, contribute to the increased number of brain and mental disorders.
Consequently, the diagnosis and treatment of these disorders have propagated the use of electroencephalography devices. The rising prevalence of brain and neurological disorders and the simultaneously growing awareness about them, contribute to the expansion of the usage of EEG devices. The proliferation of cognitive health research outcomes among the masses has influenced many to go through routine diagnoses to maintain their overall health.
This has resulted in an increase in demand for EEG devices from diagnostic centers. As a result, most companies are offering a wide range of products with the development of new products and improvement of existing products to cater to the demand for better devices. The increasing R&D investments by the major manufacturers to offer advanced brain activity monitoring devices are also contributing to the growth of the market.
In Latin America, the problem of rising dementia numbers is posing a challenge and was also pointed out at the World Congress of Neurology. In this congress, a group of subject experts from different nations discussed the challenges and barriers regarding the clinical research practice of neurological disorders. The discussion highlighted the importance of early diagnosis, treatment approaches, health and social support for patients with neurological disorders, and the possibility of collaboration with various private organizations.
The Brazil market dominated the LAMEA Electroencephalography Devices Market by Country in 2021; thereby, achieving a market value of $29.2 million by 2028. The Argentina market is showcasing a CAGR of 12.9% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 12% during (2022 - 2028).
Based on Type, the market is segmented into Standalone and Portable. Based on End User, the market is segmented into Hospitals, Diagnostic Centers and Others. Based on Product, the market is segmented into 32-channel, 25-channel, 40-channel, 21-channel, 8-channel and Multichannel. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Electroencephalography Devices Market is Predict to reach $1.8 Billion by 2028, at a CAGR of 9.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Compumedics Limited, Natus Medical Incorporated (Archimed SAS), Nihon Kohden Corporation, Cadwell Industries, Inc., Neurowave Systems, Inc., Magstim EGI (Magstim, Inc.) and Noraxon U.S.A., Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By End User
- Hospitals
- Diagnostic Centers
- Others
By Product
- 32-channel
- 25-channel
- 40-channel
- 21-channel
- 8-channel
- Multichannel
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Compumedics Limited
- Natus Medical Incorporated (Archimed SAS)
- Nihon Kohden Corporation
- Cadwell Industries, Inc.
- Neurowave Systems, Inc.
- Magstim EGI (Magstim, Inc.)
- Noraxon U.S.A., Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Electroencephalography Devices Market, by Type
1.4.2 LAMEA Electroencephalography Devices Market, by End User
1.4.3 LAMEA Electroencephalography Devices Market, by Product
1.4.4 LAMEA Electroencephalography Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Electroencephalography Devices Market
Chapter 4. LAMEA Electroencephalography Devices Market by Type
4.1 LAMEA Standalone Market by Country
4.2 LAMEA Portable Market by Country
Chapter 5. LAMEA Electroencephalography Devices Market by End-use
5.1 LAMEA Hospitals Market by Country
5.2 LAMEA Diagnostic Centers Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Electroencephalography Devices Market by Product
6.1 LAMEA 32-channel Market by Country
6.2 LAMEA 25-channel Market by Country
6.3 LAMEA 40-channel Market by Country
6.4 LAMEA 21-channel Market by Country
6.5 LAMEA 8-channel Market by Country
6.6 LAMEA Multichannel Market by Country
Chapter 7. LAMEA Electroencephalography Devices Market by Country
7.1 Brazil Electroencephalography Devices Market
7.1.1 Brazil Electroencephalography Devices Market by Type
7.1.2 Brazil Electroencephalography Devices Market by End-use
7.1.3 Brazil Electroencephalography Devices Market by Product
7.2 Argentina Electroencephalography Devices Market
7.2.1 Argentina Electroencephalography Devices Market by Type
7.2.2 Argentina Electroencephalography Devices Market by End-use
7.2.3 Argentina Electroencephalography Devices Market by Product
7.3 UAE Electroencephalography Devices Market
7.3.1 UAE Electroencephalography Devices Market by Type
7.3.2 UAE Electroencephalography Devices Market by End-use
7.3.3 UAE Electroencephalography Devices Market by Product
7.4 Saudi Arabia Electroencephalography Devices Market
7.4.1 Saudi Arabia Electroencephalography Devices Market by Type
7.4.2 Saudi Arabia Electroencephalography Devices Market by End-use
7.4.3 Saudi Arabia Electroencephalography Devices Market by Product
7.5 South Africa Electroencephalography Devices Market
7.5.1 South Africa Electroencephalography Devices Market by Type
7.5.2 South Africa Electroencephalography Devices Market by End-use
7.5.3 South Africa Electroencephalography Devices Market by Product
7.6 Nigeria Electroencephalography Devices Market
7.6.1 Nigeria Electroencephalography Devices Market by Type
7.6.2 Nigeria Electroencephalography Devices Market by End-use
7.6.3 Nigeria Electroencephalography Devices Market by Product
7.7 Rest of LAMEA Electroencephalography Devices Market
7.7.1 Rest of LAMEA Electroencephalography Devices Market by Type
7.7.2 Rest of LAMEA Electroencephalography Devices Market by End-use
7.7.3 Rest of LAMEA Electroencephalography Devices Market by Product
Chapter 8. Company Profiles
8.1 Medtronic PLC
8.1.1 Company overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Approvals and Trials:
8.1.6 SWOT Analysis
8.2 Compumedics Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Approvals and Trials:
8.3 Natus Medical Incorporated (Archimed SAS)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.4 Nihon Kohden Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Product Category and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Product Launches and Product Expansions:
8.5 Cadwell Industries, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Acquisition and Mergers:
8.6 Neurowave Systems, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Approvals and Trials:
8.7 Magstim EGI (Magstim, Inc.)
8.7.1 Company Overview
8.8 Noraxon U.S.A. Inc.
8.8.1 Company Overview
TABLE 1 LAMEA Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Standalone Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Standalone Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Portable Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Portable Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 10 LAMEA Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 11 LAMEA Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Diagnostic Centers Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Diagnostic Centers Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 18 LAMEA Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 19 LAMEA 32-channel Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA 32-channel Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA 25-channel Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA 25-channel Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA 40-channel Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA 40-channel Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA 21-channel Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA 21-channel Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA 8-channel Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA 8-channel Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Multichannel Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Multichannel Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Electroencephalography Devices Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Electroencephalography Devices Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 34 Brazil Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 35 Brazil Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 38 Brazil Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 39 Brazil Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 40 Brazil Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 41 Argentina Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 42 Argentina Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 43 Argentina Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 46 Argentina Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 47 Argentina Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 48 Argentina Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 49 UAE Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 50 UAE Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 51 UAE Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 54 UAE Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 55 UAE Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 56 UAE Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 65 South Africa Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 66 South Africa Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 67 South Africa Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 70 South Africa Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 71 South Africa Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 72 South Africa Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 73 Nigeria Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 78 Nigeria Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 79 Nigeria Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 80 Nigeria Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Electroencephalography Devices Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Electroencephalography Devices Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Electroencephalography Devices Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Electroencephalography Devices Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Electroencephalography Devices Market by End-use, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Electroencephalography Devices Market by End-use, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Electroencephalography Devices Market by Product, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Electroencephalography Devices Market by Product, 2022 - 2028, USD Million
TABLE 89 Key Information – Medtronic PLC
TABLE 90 Key Information – Compumedics Limited
TABLE 91 Key Information – Natus Medical Incorporated
TABLE 92 key Information – Nihon Kohden Corporation
TABLE 93 Key Information – Cadwell indusries, Inc.
TABLE 94 Key Information – Neurowave Systems, Inc.
TABLE 95 Key Information – Magstim EGI
TABLE 96 Key Information – Noraxon U.S.A. Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc