Kuwait Electroencephalography Devices Market Size & Outlook
Kuwait electroencephalography devices market, 2018-2030 (US$M)
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Kuwait electroencephalography devices market highlights
- The Kuwait electroencephalography devices market generated a revenue of USD 10.2 million in 2023 and is expected to reach USD 16.8 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.4% 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 10.2 million |
| Market revenue in 2030 | USD 16.8 million |
| Growth rate | 7.4% (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, Kuwait accounted for 0.8% 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 Middle East & Africa, Saudi Arabia electroencephalography devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 32.1 million by 2030.
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Electroencephalography Devices Market Scope
Electroencephalography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait 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 27.45% in 2023. Horizon Databook has segmented the Kuwait 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 increasing prevalence of neurological conditions in the region due to TBIs is expected to drive the market demand in the country. The market is expected to see significant growth over the forecast period, driven by factors such as increasing healthcare expenditure and growing number of people suffering from mental health conditions.
In addition, the market is being driven by the increasing adoption of light therapy devices by hospitals, clinics, and other healthcare facilities, as well as by the growing popularity of home-use light therapy devices. This is expected to drive the demand for the electroencephalography devices market and provide significant growth opportunities for players in the country.
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Our clientele includes a mix of electroencephalography devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait electroencephalography devices market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait electroencephalography devices market size, by product, 2018-2030 (US$M)
Kuwait Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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