Thailand Electroencephalography Devices Market Size & Outlook
Thailand electroencephalography devices market, 2018-2030 (US$M)
Related Markets
Thailand electroencephalography devices market highlights
- The Thailand electroencephalography devices market generated a revenue of USD 12.8 million in 2023 and is expected to reach USD 23.8 million by 2030.
- The Thailand market is expected to grow at a CAGR of 9.3% 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.
Electroencephalography devices market data book summary
| Market revenue in 2023 | USD 12.8 million |
| Market revenue in 2030 | USD 23.8 million |
| Growth rate | 9.3% (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, Thailand accounted for 1.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Electroencephalography Devices Market Scope
Electroencephalography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 28.13% in 2023. Horizon Databook has segmented the Thailand 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.
Thailand is one of the fastest-growing economies globally and the second-largest economy among Southeast Asian countries. The country offers low-cost manufacturing activities, thereby witnessing a steady increase in the entry of new players in the market, driving the number of EEG device providers.
For instance, SMIT Medical Limited offers EEG devices and its related accessories to customers in Thailand. In Thailand, around 80% of the local production is exported, while medical device imports account for more than 50.0% of the medical device market.
Imports of medical devices are anticipated to increase, which could drive the demand for regulatory affairs and maintenance services, thereby propelling the market during the forecast period. The domestic consumption of medical devices is on the higher side in Thailand.
Reasons to subscribe to Thailand electroencephalography devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Thailand electroencephalography devices market databook
-
Our clientele includes a mix of electroencephalography devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Thailand electroencephalography devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand electroencephalography devices market size, by product, 2018-2030 (US$M)
Thailand Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
