Asia Pacific Electroencephalography Devices Market Size & Outlook
Asia Pacific electroencephalography devices market, 2018-2030 (US$M)
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Asia Pacific electroencephalography devices market highlights
- The Asia Pacific electroencephalography devices market generated a revenue of USD 265.9 million in 2023.
- The market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, 32-channel eeg was the largest revenue generating product in 2023.
- Multichannel EEG is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 265.9 million |
| Market revenue in 2030 | USD 563.3 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | 32-channel eeg |
| Fastest growing segment | Multichannel EEG |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, Multichannel EEG |
| Key market players worldwide | Natus Medical, Medtronic PLC, Nihon Kohden Corp, Brain Products, Philips, AMS Micromedical, Emotiv, ANT Neuro, Lifelines Neuro, Cadwell Laboratories, EB Neuro, The Magstim Company, Compumedics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.9% of the global electroencephalography devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 563.3 million by 2030.
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Electroencephalography Devices Market Scope
Electroencephalography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific electroencephalography devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electroencephalography devices market will help companies and investors design strategic landscapes.
32-channel eeg was the largest segment with a revenue share of 27.83% in 2023. Horizon Databook has segmented the Asia Pacific electroencephalography devices market based on 8-channel eeg, 21-channel eeg, 25-channel eeg, 32-channel eeg, 40-channel eeg, multichannel eeg covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is majorly driven by China, Japan, and India. This can be attributed to the presence of major market players and increasing prevalence of TBIs and stroke.
In addition, technological advancements in brain monitoring devices, increasing geriatric population, and growing cases of accidents related to the brain are among factors anticipated to promote growth of electroencephalography devices market.
However, underdiagnoses is common in many Low- and Middle-income Countries (LMIC), and traditional brain testing methods are still used in these countries over continuous brain monitoring due to lack of awareness and high equipment costs.
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Our clientele includes a mix of electroencephalography devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific electroencephalography devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific electroencephalography devices market size, by country, 2018-2030 (US$M)
Asia Pacific Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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