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 analyzing human cognition, evaluating a subject’s health condition, or observing their mental state. EEG is widely used to detect epilepsy. And also, the device is used to identify sleep disorders, coma, anesthesia, encephalopathies, and brain death. The device is utilized for the diagnosis of tumors, stroke, and other brain ailments.
ANT Neuro, Neuroelectrics, and Koninklijke Philips N.V.- Notable Market Players in EEG Devices Market
The EEG devices market majorly consists of the players such as Brain Products GmbH, g.tec medical engineering GmbH, Cognionics, Inc., Wearable Sensing, Neuroelectrics, ANT Neuro, Mitsar Co. Ltd., Neurosky, Biosemi, Advanced Brain Monitoring, Inc., EMOTIV, MUSE, Koninklijke Philips N.V., and Bitbrain Technologies among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.
Below is the list of the growth strategies done by the players operating in the EEG devices market:
| Year | News |
| March, 2020 | EMOTIV introduced a brand new 14-channel mobile brainwear EPOC X on its 10th Anniversary. The product launch has further enabled neuroscience research in different contexts with an updated sustainable design |
| February, 2020 | ANT Neuro appointed Braintrends Ltd as its official distributor of EEG and navigated TMS product lines. Braintrends will distribute EEGo, waveguard, and visor2 product lines and support for these products in Italy. |
| December, 2018 | Brain Products launched actiCHamp Plus, which is a scalable and flexible solution for laboratory EEG recordings. It also can be combined with all active and passive electrode systems. |
