Middle East & Africa Electroencephalography Devices Market Size & Outlook
Middle East & Africa electroencephalography devices market, 2018-2030 (US$M)
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MEA electroencephalography devices market highlights
- The MEA electroencephalography devices market generated a revenue of USD 79.7 million in 2023.
- The market is expected to grow at a CAGR of 7.6% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 79.7 million |
| Market revenue in 2030 | USD 133.2 million |
| Growth rate | 7.6% (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, MEA region accounted for 6.6% 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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Middle East & Africa 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 27.73% in 2023. Horizon Databook has segmented the Middle East & Africa 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 electroencephalography devices market in MEA is expected to witness rapid growth due to increased prevalence of TBIs and rapidly aging population, as well as growing demand for home-based monitoring devices.
Despite significant factors driving the penetration of digital EEG devices, for -patient brain activity monitoring purpose, stringent regulatory framework and lack of proper reimbursement policies are anticipated to restrain market growth.
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Target buyers of Middle East & Africa electroencephalography devices market databook
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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 continent-level data and insights on the Middle East & Africa electroencephalography devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA electroencephalography devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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