U.S. Electroencephalography Devices Market Size & Outlook
U.S. electroencephalography devices market, 2018-2030 (US$M)
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U.S. electroencephalography devices market highlights
- The U.S. electroencephalography devices market generated a revenue of USD 348.5 million in 2023 and is expected to reach USD 695.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.4% 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 348.5 million |
| Market revenue in 2030 | USD 695.1 million |
| Growth rate | 10.4% (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, U.S. accounted for 28.7% 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 North America, U.S. electroencephalography devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 695.1 million by 2030.
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Electroencephalography Devices Market Scope
Electroencephalography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 27.46% in 2023. Horizon Databook has segmented the U.S. 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 favorable reimbursement scenario provides access to healthcare services related to brain treatment to a large portion of the population. Subsequently, it creates a demand for cost-effective and efficient electroencephalography devices.
This also increases the need for cost-effective electroencephalography devices and the integration of digital health into the care delivery system. Hence, many companies are seeking U.S. FDA approval to launch their products in the U.S. market.
For instance, in January 2022, Neurosteer Inc. announced that it received approval from the U.S. FDA for its single-channel Electroencephalogram (EEG) brain monitoring platform. This system helps in the early detection of presymptomatic cognitive diseases, such as Alzheimer’s, dementia, and Parkinson’s.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. electroencephalography devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. electroencephalography devices market size, by product, 2018-2030 (US$M)
U.S. Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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