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Epilepsy Monitoring Device Trends and Forecast
The future of the global epilepsy monitoring device market looks promising with opportunities in the hospital, ambulatory surgery center & clinic, neurology centre, diagnostic centre, and home care setting markets. The global epilepsy monitoring device market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for home epilepsy monitors, rising cases of neurodegenerative diseases, and growing preference for smart helmets for epilepsy monitoring.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Epilepsy Monitoring Device by Segment
The study includes a forecast for the global epilepsy monitoring device by product, end use, and region.
Epilepsy Monitoring Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Wearable Devices
• Conventional Devices
• Others
Epilepsy Monitoring Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Ambulatory Surgery Centers & Clinics
• Neurology Centres
• Diagnostic Centres
• Home Care Settings
Epilepsy Monitoring Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Epilepsy Monitoring Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies epilepsy monitoring device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the epilepsy monitoring device companies profiled in this report include-
• Natus Medical
• Compumedics
• Empatica
• The Magstim
• Nihon Kohden
• Medtronic
• Masimo
• Boston Scientific
• Drägerwerk
Epilepsy Monitoring Device Market Insights
Lucintel forecasts that wearable device is expected to witness highest growth over the forecast period due to its growing demand among users to obtain an efficient and non-intrusive means of keeping track of and gathering data on seizure activity.
Hospital will remain the largest segment due to increasing preference for epilepsy monitors in this field to help trained medical professionals provide better patient care and offer extra benefits for identifying and treating neuromuscular illnesses.
APAC is expected to witness highest growth over the forecast period due to growing population's demand for home-based epilepsy devices and existence of major customer base in the region.
Features of the Global Epilepsy Monitoring Device Market
Market Size Estimates: Epilepsy monitoring device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Epilepsy monitoring device market size by product, end use, and region in terms of value ($B).
Regional Analysis: Epilepsy monitoring device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, end uses, and regions for the epilepsy monitoring device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the epilepsy monitoring device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the epilepsy monitoring device market size?
Answer: The global epilepsy monitoring device market is expected to reach an estimated $0.7 billion by 2030.
Q.2 What is the growth forecast for epilepsy monitoring device market?
Answer: The global epilepsy monitoring device market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the epilepsy monitoring device market?
Answer: The major drivers for this market are increasing demand for home epilepsy monitors, rising cases of neurodegenerative diseases, and growing preference for smart helmets for epilepsy monitoring.
Q4. What are the major segments for epilepsy monitoring device market?
Answer: The future of the epilepsy monitoring device market looks promising with opportunities in the hospital, ambulatory surgery center & clinic, neurology centre, diagnostic centre, and home care setting markets.
Q5. Who are the key epilepsy monitoring device market companies?
Answer: Some of the key epilepsy monitoring device companies are as follows:
• Natus Medical
• Compumedics
• Empatica
• The Magstim
• Nihon Kohden
• Medtronic
• Masimo
• Boston Scientific
• Drägerwerk
Q6. Which epilepsy monitoring device market segment will be the largest in future?
Answer: Lucintel forecasts that wearable device is expected to witness highest growth over the forecast period due to its growing demand among users to obtain an efficient and non-intrusive means of keeping track of and gathering data on seizure activity.
Q7. In epilepsy monitoring device market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing population's demand for home-based epilepsy devices and existence of major customer base in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the epilepsy monitoring device market by product (wearable devices, conventional devices, and others), end use (hospitals, ambulatory surgery centers & clinics, neurology centres, diagnostic centres, and home care settings), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Epilepsy Monitoring Device Market, Epilepsy Monitoring Device Market Size, Epilepsy Monitoring Device Market Growth, Epilepsy Monitoring Device Market Analysis, Epilepsy Monitoring Device Market Report, Epilepsy Monitoring Device Market Share, Epilepsy Monitoring Device Market Trends, Epilepsy Monitoring Device Market Forecast, Epilepsy Monitoring Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Epilepsy Monitoring Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Epilepsy Monitoring Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Epilepsy Monitoring Device Market by Product
3.3.1: Wearable Devices
3.3.2: Conventional Devices
3.3.3: Others
3.4: Global Epilepsy Monitoring Device Market by End Use
3.4.1: Hospitals
3.4.2: Ambulatory Surgery Centers & Clinics
3.4.3: Neurology Centres
3.4.4: Diagnostic Centres
3.4.5: Home Care Settings
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Epilepsy Monitoring Device Market by Region
4.2: North American Epilepsy Monitoring Device Market
4.2.2: North American Epilepsy Monitoring Device Market by End Use: Hospitals, Ambulatory Surgery Centers & Clinics, Neurology Centres, Diagnostic Centres, and Home Care Settings
4.3: European Epilepsy Monitoring Device Market
4.3.1: European Epilepsy Monitoring Device Market by Product :Wearable Devices, Conventional Devices, and Others
4.3.2: European Epilepsy Monitoring Device Market by End Use:Hospitals, Ambulatory Surgery Centers & Clinics, Neurology Centres, Diagnostic Centres, and Home Care Settings
4.4: APAC Epilepsy Monitoring Device Market
4.4.1: APAC Epilepsy Monitoring Device Market by Product: Wearable Devices, Conventional Devices, and Others
4.4.2: APAC Epilepsy Monitoring Device Market by End Use: Hospitals, Ambulatory Surgery Centers & Clinics, Neurology Centres, Diagnostic Centres, and Home Care Settings
4.5: ROW Epilepsy Monitoring Device Market
4.5.1: ROW Epilepsy Monitoring Device Market by Product: Wearable Devices, Conventional Devices, and Others
4.5.2: ROW Epilepsy Monitoring Device Market by End Use: Hospitals, Ambulatory Surgery Centers & Clinics, Neurology Centres, Diagnostic Centres, and Home Care Settings
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Epilepsy Monitoring Device Market by Product
6.1.2: Growth Opportunities for the Global Epilepsy Monitoring Device Market by End Use
6.1.3: Growth Opportunities for the Global Epilepsy Monitoring Device Market by Region
6.2: Emerging Trends in the Global Epilepsy Monitoring Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Epilepsy Monitoring Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Epilepsy Monitoring Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Natus Medical
7.2: Compumedics
7.3: Empatica
7.4: The Magstim
7.5: Nihon Kohden
7.6: Medtronic
7.7: Masimo
7.8: Boston Scientific
7.9: Drägerwerk
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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