North America Electroencephalography Devices Market Size & Outlook
North America electroencephalography devices market, 2018-2030 (US$M)
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North America electroencephalography devices market highlights
- The North America electroencephalography devices market generated a revenue of USD 431.2 million in 2023.
- The market is expected to grow at a CAGR of 10.3% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 431.2 million |
| Market revenue in 2030 | USD 855.4 million |
| Growth rate | 10.3% (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, North America region accounted for 35.5% 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 |
|---|
North America 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 27.55% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the electroencephalography devices market in 2022 with the largest share and is expected to maintain its dominance during the forecast period. Major factors contributing to the growth of this region are increasing geriatric population, growing burden of neurological disorders due to lifestyle changes, and rising treatment costs.
Some of the market leaders such as Natus Medical, Inc.; Electrical Geodesics, Inc.; and GE Healthcare have their operational headquarters in this region, which is contributing to market growth. Furthermore, the adoption of smart electroencephalography devices and technologically advanced devices such as Artificial Intelligence (AI) & data analytics is driving the market.
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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 continent-level data and insights on the North America electroencephalography devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America electroencephalography devices market size, by country, 2018-2030 (US$M)
North America Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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