Asia Pacific EEG Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, and Multi-channel EEG); Application (Sleep Disorders, Neuroscience, Head Trauma, Brain Tumours, and Others); Device Type (Standalone Devices, and Portable Devices); End User (Hospitals & Clinics, Diagnostic Centres, Academic & Research Institutes, and Research Centres)

TIPRE00024238 | Pages: 151 | Medical Device | Aug 2021 | Type: Regional | Status: Published

Market Introduction

Electroencephalography (EEG) is the study of electrical brain action along with the scalp. With the help of multiple electrodes placed on the head, the EEG equipment examines voltage fluctuations resulting from ionic current flows in the brain's neurons. EEG is among the most stable and predicative pointers when analysing human cognition, evaluating a subject's health condition, or observing their mental state. EEG is widely used to detect epilepsy. Moreover, the device is used to identify sleep disorders, coma, anaesthesia, encephalopathies, and brain death. The device is utilized for the diagnosis of tumours, stroke, and other brain ailments.

Thus, the significantly rising elderly population is expected to create a significant demand for EEG devices in the coming years, which is further anticipated to drive the EEG devices market.

COVID-19 pandemic has broadly affected that economies in the Asia Pacific region. Countries such as India, China, Japan, South Korea were adversely affected by the pandemic. The socio-economics were severely affected, rising in negative inflation, GDPs, and a surge in unemployment in the region. The pandemic has affected three main aspects of the global economy: production, supply chain, and firms and financial markets. For example, the Nihon Kohden Group has production sites in Japan, the US, India, China, and Italy and has tentatively discontinued operations at most of these sites but maintains operating R&D and sales offices in Japan. National governments have announced largely uncoordinated, country-specific responses to the virus. As authorities encourage “social distancing” and consumers stay indoors, several businesses are hit. However, coherent, coordinated, and credible policy responses are expected to offer the best chance at limiting the economic fallout. This pandemic is affecting the business operation of the various key players operating in this region.

 

 


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Market Overview and Dynamics

The EEG devices market in Asia Pacific is expected to grow from US$ 181.6 million in 2021 to US$ 311.4 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. In the field of the medical industry, the research and developments have been growing with functional space and leading the players to introduce new products in the market. The innovations for neurological products have enabled players to manufacture advanced diagnosis products. Several market players are engaged in designing and manufacturing uniquely engineered EEG devices that are used in neurological disease diagnosis. The EEG system rapidly evaluates brain-wave information of unconscious patients. The device developed for quick setup and effective placement of electrodes within five minutes, which allows doctors to assess brain health and conclude the best treatment possibilities for unconscious patients.

 

Key Market Segments

In terms of product, the 32-channel EEG segment accounted for the largest share of the Asia Pacific EEG devices market in 2020. In terms of application, the brain tumour segment accounted for the largest share of the Asia Pacific EEG devices market in 2020. In terms of device type, the standalone devices segment accounted for the largest share of the Asia Pacific EEG devices market in 2020. In terms of end user, the hospitals and clinics segment held a larger market share of the EEG devices market in 2020.

 

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the EEG devices market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report areKoninklijke Philips N.V., Bitbrain Technologies, Brain Products GmbH, g.tec medical engineering GmbH Austria, Wearable Sensing, Neuroelectrics, ANT Neuro, Mitsar Co. LTD., NeuroSky, BioSemi, and EMOTIV.

 

Reasons to buy report

  • To understand the Asia Pacific EEG devices market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific EEG devices market
  • Efficiently plan M&A and partnership deals in Asia Pacific EEG devices market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific EEG devices market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Asia Pacific region.

 

ASIA PACIFIC EEG DEVICES MARKET SEGMENTATION

By Product

  • 32-channel EEG
  • 25-channel EEG
  • 40-channel EEG
  • Multi channel EEG
  • 21-channel EEG
  • 8-channel EEG

 

By Application

  • Brain Tumors
  • Head Trauma
  • Sleep Disorders
  • Neuroscience
  • Others

 

By Device Type

  • Standalone Devices
  • Portable Devices

 

By End User

  • Hospitals & Clinics
  • Diagnostic Centers
  • Research Centers
  • Academic & Research Institutes

 

By Country

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific

 

Companies Mentioned

  1. Koninklijke Philips N.V.
  2. Bitbrain Technologies
  3. Brain Products GmbH  
  4. g.tec medical engineering GmbH Austria
  5. Wearable Sensing
  6. Neuroelectrics 
  7. ANT Neuro
  8. Mitsar Co. LTD.
  9. NeuroSky 
  10. BioSemi
  11. EMOTIV

 

 

 

TABLE OF CONTENTS

1.           Introduction

1.1          Scope of the Study

1.2          The Insight Partners Research Report Guidance

1.3          Market Segmentation

1.3.1          EEG Devices Market – By Product

1.3.2          EEG Devices Market – By Application

1.3.3          EEG Devices Market – By Device Type

1.3.4          EEG Devices Market – By End User

1.3.5          Asia Pacific EEG Devices Market – By Country

2.           Asia Pacific EEG Devices Market – Key Takeaways

3.           Research Methodology

3.1          Coverage

3.2          Secondary Research

3.3          Primary Research

4.           Asia Pacific EEG Devices Market – Market Landscape

4.1          Overview

4.2          PEST Analysis

4.2.1          EEG Devices Market- Asia Pacific PEST Analysis

4.3          Expert Opinion

5.           Asia Pacific EEG Devices Market - Key Market Dynamics

5.1          Market Drivers

5.1.1          Growing Incidences of Neurovascular Disorders

5.1.2          Significantly Rising Elderly Population

5.2          Market Restraints

5.2.1          High Cost of EEG Devices

5.3          Market Opportunities

5.3.1          Increasing Medical Tourism in Emerging Nations

5.4          Future Trend

5.4.1          Technological Developments in EEG Devices

5.5          Impact Analysis

6.           EEG Devices Market – Asia Pacific Analysis

6.1          Asia Pacific EEG Devices Market Revenue Forecasts and Analysis

7.           Asia Pacific EEG Devices Market Analysis and Forecasts To 2028 – By Product

7.1          Overview

7.2          EEG Devices Market Revenue Share, By Product (2021 and 2028)

7.3- Channel EEG

7.3.1          Overview

7.3.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.4- Channel EEG

7.4.1          Overview

7.4.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.5- Channel EEG

7.5.1          Overview

7.5.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.6          Multi- Channel EEG

7.6.1          Overview

7.6.2          Multi- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.7-Channel EEG

7.7.1          Overview

7.7.2- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.8          8-channel EEG

7.8.1          Overview

7.8.2          8-channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.           EEG Devices Market Analysis – By Application

8.1          Overview

8.2          EEG Devices Market, by Application 2021 & 2028 (%)

8.3          Brain Tumours

8.3.1          Overview

8.3.2          Brain Tumours: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.4          Head Trauma

8.4.1          Overview

8.4.2          Head Trauma: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.5          Sleep Disorders

8.5.1          Overview

8.5.2          Sleep Disorders: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.6          Neuroscience

8.6.1          Overview

8.6.2          Neuroscience: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.7          Others

8.7.1          Overview

8.7.2          Others: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.           Asia Pacific EEG Devices Market Analysis and Forecasts To 2028 – By Device Type

9.1          Overview

9.2          EEG Devices Market Revenue Share, By Device Type (2021 and 2028)

9.3          Standalone Devices

9.3.1          Overview

9.3.2          Standalone Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.4          Portable Devices

9.4.1          Overview

9.4.2          Portable Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

10.        Asia Pacific EEG Devices Market Analysis and Forecasts to 2028– By End User

10.1        Overview

10.2        EEG Devices Market Share by End User 2018 & 2027 (%)

10.3        Hospitals & Clinics

10.3.1        Overview

10.3.2        Hospitals & Clinics: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

10.4        Diagnostic Centres

10.4.1        Overview

10.4.2        Diagnostic Centres: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

10.5        Research Centres

10.5.1        Overview

10.5.2        Research Centres: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

10.6        Academic & Research Institutes

10.6.1        Overview

10.6.2        Academic & Research Institutes: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

11.        EEG Devices Market Revenue and Forecasts to 2028 – Geographical Analysis

11.1        Asia Pacific: EEG Devices Market

11.1.1        Overview

11.1.2        Asia Pacific: EEG Devices Market, by Country, 2021 & 2028 (%)

11.1.2.1          China: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.1.1           China: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.1.2           China: EEG Devices Market, By Product, 2019–2028 (USD Million)

11.1.2.1.3           China: EEG Devices Market, by Application, 2019–2028 (USD Million)

11.1.2.1.4           China: EEG Devices Market, By Device Type, 2019–2028 (USD Million)

11.1.2.1.5           China EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

11.1.2.2          Japan: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.2.1           Japan: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.2.2           Japan: EEG Devices Market, By Product, 2019–2028 (USD Million)

11.1.2.2.3           Japan: EEG Devices Market, by Application, 2019–2028 (USD Million)

11.1.2.2.4           Japan: EEG Devices Market, By Device Type, 2019–2028 (USD Million)

11.1.2.2.5           Japan EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

11.1.2.3          India: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.3.1           India: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.3.2           India: EEG Devices Market, By Product, 2019–2028 (USD Million)

11.1.2.3.3           India: EEG Devices Market, by Application, 2019–2028 (USD Million)

11.1.2.3.4           India: EEG Devices Market, By Device Type, 2019–2028 (USD Million)

11.1.2.3.5           India EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

11.1.2.4          Australia: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.4.1           Australia: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.4.2           Australia: EEG Devices Market, By Product, 2019–2028 (USD Million)

11.1.2.4.3           Australia: EEG Devices Market, by Application, 2019–2028 (USD Million)

11.1.2.4.4           Australia: EEG Devices Market, By Device Type, 2019–2028 (USD Million)

11.1.2.4.5           Australia EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

11.1.2.5          South Korea: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.5.1           South Korea: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.5.2           South Korea: EEG Devices Market, By Product, 2019–2028 (USD Million)

11.1.2.5.3           South Korea: EEG Devices Market, by Application, 2019–2028 (USD Million)

11.1.2.5.4           South Korea: EEG Devices Market, By Device Type, 2019–2028 (USD Million)

11.1.2.5.5           South Korea EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

11.1.2.6          Rest of Asia Pacific: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.6.1           Rest of Asia Pacific: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.6.2           Rest of Asia Pacific: EEG Devices Market, By Product, 2019–2028 (USD Million)

11.1.2.6.3           Rest of Asia Pacific: EEG Devices Market, by Application, 2019–2028 (USD Million)

11.1.2.6.4           Rest of Asia Pacific: EEG Devices Market, By Device Type, 2019–2028 (USD Million)

11.1.2.6.5           Rest of Asia Pacific EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

12.        Impact Of COVID-19 Pandemic on Asia Pacific EEG Devices Market

12.1        Asia Pacific: Impact Assessment of COVID-19 Pandemic

13.        Industry Landscape

13.1        Overview

13.2        Growth Strategies Done by the Companies in the Market, (%)

13.3        Organic Developments

13.3.1        Overview

13.4        Inorganic Developments

13.4.1        Overview

14.        COMPANY PROFILES

14.1        Koninklijke Philips N.V.

14.1.1        Key Facts

14.1.2        Business Description

14.1.3        Products and Services

14.1.4        Financial Overview

14.1.5        SWOT Analysis

14.1.6        Key Developments

14.2        Bitbrain Technologies

14.2.1        Key Facts

14.2.2        Business Description

14.2.3        Products and Services

14.2.4        Financial Overview

14.2.5        SWOT Analysis

14.2.6        Key Developments

14.3        Brain Products GmbH

14.3.1        Key Facts

14.3.2        Business Description

14.3.3        Products and Services

14.3.4        Financial Overview

14.3.5        SWOT Analysis

14.3.6        Key Developments

14.4        g.tec medical engineering GmbH Austria

14.4.1        Key Facts

14.4.2        Business Description

14.4.3        Products and Services

14.4.4        Financial Overview

14.4.5        SWOT Analysis

14.4.6        Key Developments

14.5        Wearable Sensing

14.5.1        Key Facts

14.5.2        Business Description

14.5.3        Products and Services

14.5.4        Financial Overview

14.5.5        SWOT Analysis

14.5.6        Key Developments

14.6        Neuroelectrics

14.6.1        Key Facts

14.6.2        Business Description

14.6.3        Products and Services

14.6.4        Financial Overview

14.6.5        SWOT Analysis

14.6.6        Key Developments

14.7        ANT Neuro

14.7.1        Key Facts

14.7.2        Business Description

14.7.3        Products and Services

14.7.4        Financial Overview

14.7.5        SWOT Analysis

14.7.6        Key Developments

14.8        Mitsar Co. LTD.

14.8.1        Key Facts

14.8.2        Business Description

14.8.3        Products and Services

14.8.4        Financial Overview

14.8.5        SWOT Analysis

14.8.6        Key Developments

14.9        NeuroSky

14.9.1        Key Facts

14.9.2        Business Description

14.9.3        Products and Services

14.9.4        Financial Overview

14.9.5        SWOT Analysis

14.9.6        Key Developments

14.10     BioSemi

14.10.1      Key Facts

14.10.2      Business Description

14.10.3      Products and Services

14.10.4      Financial Overview

14.10.5      SWOT Analysis

14.10.6      Key Developments

14.11     EMOTIV

14.11.1      Key Facts

14.11.2      Business Description

14.11.3      Products and Services

14.11.4      Financial Overview

14.11.5      SWOT Analysis

14.11.6      Key Developments

15.        Appendix

15.1        About the Insight Partners

15.2        Glossary of Terms

 


LIST OF TABLES

Table 1.              China: EEG Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 2.              China: EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3.              China: EEG Devices Market, By Device Type– Revenue and Forecast to 2028 (USD Million)

Table 4.              China EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

Table 5.              Japan: EEG Devices Market, By Product– Revenue and Forecast to 2028 (USD Million)

Table 6.              Japan: EEG Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 7.              Japan: EEG Devices Market, By Device Type – Revenue and Forecast to 2028 (USD Million)

Table 8.              Japan EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

Table 9.              India: EEG Devices Market, By Product– Revenue and Forecast to 2028 (USD Million)

Table 10.            India: EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.            India: EEG Devices Market, By Device Type– Revenue and Forecast to 2028 (USD Million)

Table 12.            India EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

Table 13.            Australia: EEG Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 14.            Australia: EEG Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 15.            Australia: EEG Devices Market, By Device Type– Revenue and Forecast to 2028 (USD Million)

Table 16.            Australia EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

Table 17.            South Korea: EEG Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 18.            South Korea: EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 19.            South Korea: EEG Devices Market, By Device Type– Revenue and Forecast to 2028 (USD Million)

Table 20.            South Korea EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

Table 21.            Rest of Asia Pacific: EEG Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 22.            Rest of Asia Pacific: EEG Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 23.            Rest of Asia Pacific: EEG Devices Market, By Device Type– Revenue and Forecast to 2028 (USD Million)

Table 24.            Rest of Asia Pacific EEG Devices Market Revenue and Forecast to 2027, By End User (US$ Mn)

Table 25.            Organic Developments Done By Companies

Table 26.            Inorganic Developments Done By Companies

Table 27.            Glossary of Terms, EEG Devices Market

 


LIST OF FIGURES

Figure 1.            EEG Devices Market Segmentation

Figure 2.            Asia Pacific EEG Devices Market Overview

Figure 3.-channel EEG Segment Held Largest Share of Product in EEG devices Market

Figure 4.            Japan is Expected to Show Remarkable Growth During the Forecast Period

Figure 5.            EEG Devices Market - Asia Pacific PEST Analysis

Figure 6.            EEG Devices Market Impact Analysis of Driver and Restraints

Figure 7.            Asia Pacific EEG Devices Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 8.            EEG Devices Market Revenue Share, By Product (2021 and 2028)

Figure 9.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.          Multi- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.- Channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.          8-channel EEG: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.          EEG Devices Market, by Application 2021 & 2028 (%)

Figure 16.          Brain Tumours: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.          Head Trauma: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.          Sleep Disorders: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.          Neuroscience: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.          Others: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.          EEG Devices Market Revenue Share, By Device Type (2021 and 2028)

Figure 22.          Standalone Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.          Portable Devices: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.          EEG Devices Market Share by End User 2018 & 2027 (%)

Figure 25.          Hospitals & Clinics: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.          Diagnostic Centres: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.          Research Centres: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.          Academic & Research Institutes: EEG Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.          Asia Pacific: EEG Devices Market, by Key Country – Revenue (2021) (USD Million)

Figure 30.          Asia Pacific: EEG Devices Market, by Country, 2021 & 2028 (%)

Figure 31.          China: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 32.          Japan: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 33.          India: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 34.          Australia: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 35.          South Korea: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 36.          Rest of Asia Pacific: EEG Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 37.          Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 38.          Growth Strategies Done by the Companies in the Market, (%)

 

  1. Koninklijke Philips N.V.
  2. Bitbrain Technologies
  3. Brain Products GmbH  
  4. g.tec medical engineering GmbH Austria
  5. Wearable Sensing
  6. Neuroelectrics 
  7. ANT Neuro
  8. Mitsar Co. LTD.
  9. NeuroSky 
  10. BioSemi
  11. EMOTIV
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific EEG devices market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific EEG devices market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the EEG devices market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 
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