China Electroencephalography Devices Market Size & Outlook
China electroencephalography devices market, 2018-2030 (US$M)
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China electroencephalography devices market highlights
- The China electroencephalography devices market generated a revenue of USD 49.0 million in 2023 and is expected to reach USD 108.6 million by 2030.
- The China market is expected to grow at a CAGR of 12% 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.
Electroencephalography devices market data book summary
| Market revenue in 2023 | USD 49.0 million |
| Market revenue in 2030 | USD 108.6 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | 32-channel eeg |
| Fastest growing segment | Multichannel EEG |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 4.0% of the global electroencephalography devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan electroencephalography devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.6 million by 2030.
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Electroencephalography Devices Market Scope
Electroencephalography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 27.76% in 2023. Horizon Databook has segmented the China 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.
China offers a lucrative environment for EEG devices owing to the presence of a supportive regulatory environment and a large consumer base. Key companies such as Nihon Kohden Corporation, Beijing M&B Electronic Instruments, Wuhan Green tek, Shenzhen Mind ray Bio-Medical Electronics Co., Ltd.
For instance, in September 2022, National Medical Products Administration (NMPA) approved around 222 medical devices, including 24 class 3 & 33 class 2 imported products and 163 class 3 domestic products. EEG recorder developed by Lifelines Neuro was one of the NMPA-approved products in 2022. Thus, the approval of new EEG devices is expected to drive market growth.
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Our clientele includes a mix of electroencephalography devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China electroencephalography devices market , including forecasts for subscribers. This country databook contains high-level insights into China electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China electroencephalography devices market size, by product, 2018-2030 (US$M)
China Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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