Electroencephalography Systems Professional Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Electroencephalography (EEG) has been used extensively in studying human brains over the last decades. It has been especially used in human medicines as a diagnostic tool to assess cerebral dysfunction like epilepsy. The price difference in EEG systems is typically due to the number of electrodes, quality of digitization, quality of amplifier, and the number of snapshots the device can take per second. Over the years, EEG hardware technology has grown to its new heights with several multi-channel systems that have emerged due to delivering high-quality EEG and physiological signals in a simpler, more convenient, and comfortable design as compared to traditional and cumbersome systems.
MARKET SCOPE
The "Global Electroencephalography Systems Professional Market Analysis to 2031" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on global market trend analysis. The purpose of this report is to provide an overview of the Electroencephalography Systems Professional market, as well as detailed market segmentation based on product type and application. Additionally, the report offers key statistics on the market status of the leading electroencephalography systems professional market players, as well as key market trends and opportunities.
MARKET SEGMENTATION
By product, the market is segmented as 8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, multi-channel EEG.
By modalities, the market is bifurcated into standalone devices and portable devices.
Based on application, the market is segregated as ambulatory EEG, video telemetry, routine EEG, and sleep EEG.
By end-use, the market is segmented as hospitals, diagnostic centers, and others
MARKET DYNAMICS
Drivers-
Technological advancement in the field of EEG systems escalated the demand for electroencephalography systems.
EEG systems have witnessed high demand from neurologists and neurosurgeons for correct diagnosis of brain-related disorders among patients ultimately surging the growth of the overall market.
Restraints-
High maintenance and cost for EEG systems have restrained the overall market from growing to its full potential.
REGIONAL FRAMEWORK
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2021 to 2031. Each region's Electroencephalography Systems Professional market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the Electroencephalography Systems Professional market in these regions.
Impact of COVID-19 on Electroencephalography Systems Professional Market
Since the COVID-19 pandemic resulted in major diagnosis and prognosis practices, the need for telemedicine and mobile/electronic health has never been more appreciated. Drastic complications pf pandemic has raised burdens on social and employment status resulting in extending quarantine and physical distancing had a negative impact on the mental health of patients. For example, neurological complications such as stroke, headache, and seizures have been reported by the growing population. To control such critical conditions, demand for Electroencephalography systems has gained huge attention.
KEY
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2021 to 2031. Each region's Electroencephalography Systems Professional market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the Electroencephalography Systems Professional market in these regions.
Impact of COVID-19 on Electroencephalography Systems Professional Market
Since the COVID-19 pandemic resulted in major diagnosis and prognosis practices, the need for telemedicine and mobile/electronic health has never been more appreciated. Drastic complications pf pandemic has raised burdens on social and employment status resulting in extending quarantine and physical distancing had a negative impact on the mental health of patients. For example, neurological complications such as stroke, headache, and seizures have been reported by the growing population. To control such critical conditions, demand for Electroencephalography systems has gained huge attention.
KEY MARKET PLAYERS
The report covers key developments in the Electroencephalography Systems Professional market with a focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that include new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally include strategic acquisitions and partnerships & collaborations between the companies. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the Electroencephalography Systems Professional market are anticipated to lucrative growth opportunities in the future with the rising demand for Electroencephalography Systems Professional in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Electroencephalography Systems Professional market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- Cadwell Industries Inc.
- Medtronic plc
- NeuroWave Systems Inc.
- BrainScope Company Inc.
- Noraxon USA.
- Compumedics Limited
- Rimed
- Natus Medical Incorporated.
- Nihon Kohden Corporation
- Lifelines Neuro
The Insight Partner’s dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electroencephalography Systems Professional Market - By Product
1.3.2 Electroencephalography Systems Professional Market - By Modalities
1.3.3 Electroencephalography Systems Professional Market - By Application
1.3.4 Electroencephalography Systems Professional Market - By End-User
1.3.5 Electroencephalography Systems Professional Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL - GLOBAL MARKET OVERVIEW
6.2. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. 8-CHANNEL EEG
7.3.1. Overview
7.3.2. 8-channel EEG Market Forecast and Analysis
7.4. 21-CHANNEL EEG
7.4.1. Overview
7.4.2. 21-channel EEG Market Forecast and Analysis
7.5. 25-CHANNEL EEG
7.5.1. Overview
7.5.2. 25-channel EEG Market Forecast and Analysis
7.6. 32-CHANNEL EEG
7.6.1. Overview
7.6.2. 32-channel EEG Market Forecast and Analysis
7.7. 40-CHANNEL EEG
7.7.1. Overview
7.7.2. 40-channel EEG Market Forecast and Analysis
7.8. MULTI-CHANNEL EEG.
7.8.1. Overview
7.8.2. multi-channel EEG. Market Forecast and Analysis
8. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET - REVENUE AND FORECASTS TO 2028 - MODALITIES
8.1. OVERVIEW
8.2. MODALITIES MARKET FORECASTS AND ANALYSIS
8.3. STANDALONE DEVICES
8.3.1. Overview
8.3.2. Standalone Devices Market Forecast and Analysis
8.4. PORTABLE DEVICES
8.4.1. Overview
8.4.2. Portable Devices Market Forecast and Analysis
9. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. AMBULATORY EEG
9.3.1. Overview
9.3.2. Ambulatory EEG Market Forecast and Analysis
9.4. VIDEO TELEMETRY
9.4.1. Overview
9.4.2. Video Telemetry Market Forecast and Analysis
9.5. ROUTINE EEG
9.5.1. Overview
9.5.2. Routine EEG Market Forecast and Analysis
9.6. SLEEP EEG
9.6.1. Overview
9.6.2. Sleep EEG Market Forecast and Analysis
10. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. HOSPITALS
10.3.1. Overview
10.3.2. Hospitals Market Forecast and Analysis
10.4. DIAGNOSTIC CENTERS
10.4.1. Overview
10.4.2. Diagnostic Centers Market Forecast and Analysis
10.5. OTHERS
10.5.1. Overview
10.5.2. Others Market Forecast and Analysis
11. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Electroencephalography Systems Professional Market Overview
11.1.2 North America Electroencephalography Systems Professional Market Forecasts and Analysis
11.1.3 North America Electroencephalography Systems Professional Market Forecasts and Analysis - By Product
11.1.4 North America Electroencephalography Systems Professional Market Forecasts and Analysis - By Modalities
11.1.5 North America Electroencephalography Systems Professional Market Forecasts and Analysis - By Application
11.1.6 North America Electroencephalography Systems Professional Market Forecasts and Analysis - By End-User
11.1.7 North America Electroencephalography Systems Professional Market Forecasts and Analysis - By Countries
11.1.7.1 United States Electroencephalography Systems Professional Market
11.1.7.1.1 United States Electroencephalography Systems Professional Market by Product
11.1.7.1.2 United States Electroencephalography Systems Professional Market by Modalities
11.1.7.1.3 United States Electroencephalography Systems Professional Market by Application
11.1.7.1.4 United States Electroencephalography Systems Professional Market by End-User
11.1.7.2 Canada Electroencephalography Systems Professional Market
11.1.7.2.1 Canada Electroencephalography Systems Professional Market by Product
11.1.7.2.2 Canada Electroencephalography Systems Professional Market by Modalities
11.1.7.2.3 Canada Electroencephalography Systems Professional Market by Application
11.1.7.2.4 Canada Electroencephalography Systems Professional Market by End-User
11.1.7.3 Mexico Electroencephalography Systems Professional Market
11.1.7.3.1 Mexico Electroencephalography Systems Professional Market by Product
11.1.7.3.2 Mexico Electroencephalography Systems Professional Market by Modalities
11.1.7.3.3 Mexico Electroencephalography Systems Professional Market by Application
11.1.7.3.4 Mexico Electroencephalography Systems Professional Market by End-User
11.2. EUROPE
11.2.1 Europe Electroencephalography Systems Professional Market Overview
11.2.2 Europe Electroencephalography Systems Professional Market Forecasts and Analysis
11.2.3 Europe Electroencephalography Systems Professional Market Forecasts and Analysis - By Product
11.2.4 Europe Electroencephalography Systems Professional Market Forecasts and Analysis - By Modalities
11.2.5 Europe Electroencephalography Systems Professional Market Forecasts and Analysis - By Application
11.2.6 Europe Electroencephalography Systems Professional Market Forecasts and Analysis - By End-User
11.2.7 Europe Electroencephalography Systems Professional Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Electroencephalography Systems Professional Market
11.2.7.1.1 Germany Electroencephalography Systems Professional Market by Product
11.2.7.1.2 Germany Electroencephalography Systems Professional Market by Modalities
11.2.7.1.3 Germany Electroencephalography Systems Professional Market by Application
11.2.7.1.4 Germany Electroencephalography Systems Professional Market by End-User
11.2.7.2 France Electroencephalography Systems Professional Market
11.2.7.2.1 France Electroencephalography Systems Professional Market by Product
11.2.7.2.2 France Electroencephalography Systems Professional Market by Modalities
11.2.7.2.3 France Electroencephalography Systems Professional Market by Application
11.2.7.2.4 France Electroencephalography Systems Professional Market by End-User
11.2.7.3 Italy Electroencephalography Systems Professional Market
11.2.7.3.1 Italy Electroencephalography Systems Professional Market by Product
11.2.7.3.2 Italy Electroencephalography Systems Professional Market by Modalities
11.2.7.3.3 Italy Electroencephalography Systems Professional Market by Application
11.2.7.3.4 Italy Electroencephalography Systems Professional Market by End-User
11.2.7.4 Spain Electroencephalography Systems Professional Market
11.2.7.4.1 Spain Electroencephalography Systems Professional Market by Product
11.2.7.4.2 Spain Electroencephalography Systems Professional Market by Modalities
11.2.7.4.3 Spain Electroencephalography Systems Professional Market by Application
11.2.7.4.4 Spain Electroencephalography Systems Professional Market by End-User
11.2.7.5 United Kingdom Electroencephalography Systems Professional Market
11.2.7.5.1 United Kingdom Electroencephalography Systems Professional Market by Product
11.2.7.5.2 United Kingdom Electroencephalography Systems Professional Market by Modalities
11.2.7.5.3 United Kingdom Electroencephalography Systems Professional Market by Application
11.2.7.5.4 United Kingdom Electroencephalography Systems Professional Market by End-User
11.2.7.6 Rest of Europe Electroencephalography Systems Professional Market
11.2.7.6.1 Rest of Europe Electroencephalography Systems Professional Market by Product
11.2.7.6.2 Rest of Europe Electroencephalography Systems Professional Market by Modalities
11.2.7.6.3 Rest of Europe Electroencephalography Systems Professional Market by Application
11.2.7.6.4 Rest of Europe Electroencephalography Systems Professional Market by End-User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Electroencephalography Systems Professional Market Overview
11.3.2 Asia-Pacific Electroencephalography Systems Professional Market Forecasts and Analysis
11.3.3 Asia-Pacific Electroencephalography Systems Professional Market Forecasts and Analysis - By Product
11.3.4 Asia-Pacific Electroencephalography Systems Professional Market Forecasts and Analysis - By Modalities
11.3.5 Asia-Pacific Electroencephalography Systems Professional Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Electroencephalography Systems Professional Market Forecasts and Analysis - By End-User
11.3.7 Asia-Pacific Electroencephalography Systems Professional Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Electroencephalography Systems Professional Market
11.3.7.1.1 Australia Electroencephalography Systems Professional Market by Product
11.3.7.1.2 Australia Electroencephalography Systems Professional Market by Modalities
11.3.7.1.3 Australia Electroencephalography Systems Professional Market by Application
11.3.7.1.4 Australia Electroencephalography Systems Professional Market by End-User
11.3.7.2 China Electroencephalography Systems Professional Market
11.3.7.2.1 China Electroencephalography Systems Professional Market by Product
11.3.7.2.2 China Electroencephalography Systems Professional Market by Modalities
11.3.7.2.3 China Electroencephalography Systems Professional Market by Application
11.3.7.2.4 China Electroencephalography Systems Professional Market by End-User
11.3.7.3 India Electroencephalography Systems Professional Market
11.3.7.3.1 India Electroencephalography Systems Professional Market by Product
11.3.7.3.2 India Electroencephalography Systems Professional Market by Modalities
11.3.7.3.3 India Electroencephalography Systems Professional Market by Application
11.3.7.3.4 India Electroencephalography Systems Professional Market by End-User
11.3.7.4 Japan Electroencephalography Systems Professional Market
11.3.7.4.1 Japan Electroencephalography Systems Professional Market by Product
11.3.7.4.2 Japan Electroencephalography Systems Professional Market by Modalities
11.3.7.4.3 Japan Electroencephalography Systems Professional Market by Application
11.3.7.4.4 Japan Electroencephalography Systems Professional Market by End-User
11.3.7.5 South Korea Electroencephalography Systems Professional Market
11.3.7.5.1 South Korea Electroencephalography Systems Professional Market by Product
11.3.7.5.2 South Korea Electroencephalography Systems Professional Market by Modalities
11.3.7.5.3 South Korea Electroencephalography Systems Professional Market by Application
11.3.7.5.4 South Korea Electroencephalography Systems Professional Market by End-User
11.3.7.6 Rest of Asia-Pacific Electroencephalography Systems Professional Market
11.3.7.6.1 Rest of Asia-Pacific Electroencephalography Systems Professional Market by Product
11.3.7.6.2 Rest of Asia-Pacific Electroencephalography Systems Professional Market by Modalities
11.3.7.6.3 Rest of Asia-Pacific Electroencephalography Systems Professional Market by Application
11.3.7.6.4 Rest of Asia-Pacific Electroencephalography Systems Professional Market by End-User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Electroencephalography Systems Professional Market Overview
11.4.2 Middle East and Africa Electroencephalography Systems Professional Market Forecasts and Analysis
11.4.3 Middle East and Africa Electroencephalography Systems Professional Market Forecasts and Analysis - By Product
11.4.4 Middle East and Africa Electroencephalography Systems Professional Market Forecasts and Analysis - By Modalities
11.4.5 Middle East and Africa Electroencephalography Systems Professional Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Electroencephalography Systems Professional Market Forecasts and Analysis - By End-User
11.4.7 Middle East and Africa Electroencephalography Systems Professional Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Electroencephalography Systems Professional Market
11.4.7.1.1 South Africa Electroencephalography Systems Professional Market by Product
11.4.7.1.2 South Africa Electroencephalography Systems Professional Market by Modalities
11.4.7.1.3 South Africa Electroencephalography Systems Professional Market by Application
11.4.7.1.4 South Africa Electroencephalography Systems Professional Market by End-User
11.4.7.2 Saudi Arabia Electroencephalography Systems Professional Market
11.4.7.2.1 Saudi Arabia Electroencephalography Systems Professional Market by Product
11.4.7.2.2 Saudi Arabia Electroencephalography Systems Professional Market by Modalities
11.4.7.2.3 Saudi Arabia Electroencephalography Systems Professional Market by Application
11.4.7.2.4 Saudi Arabia Electroencephalography Systems Professional Market by End-User
11.4.7.3 U.A.E Electroencephalography Systems Professional Market
11.4.7.3.1 U.A.E Electroencephalography Systems Professional Market by Product
11.4.7.3.2 U.A.E Electroencephalography Systems Professional Market by Modalities
11.4.7.3.3 U.A.E Electroencephalography Systems Professional Market by Application
11.4.7.3.4 U.A.E Electroencephalography Systems Professional Market by End-User
11.4.7.4 Rest of Middle East and Africa Electroencephalography Systems Professional Market
11.4.7.4.1 Rest of Middle East and Africa Electroencephalography Systems Professional Market by Product
11.4.7.4.2 Rest of Middle East and Africa Electroencephalography Systems Professional Market by Modalities
11.4.7.4.3 Rest of Middle East and Africa Electroencephalography Systems Professional Market by Application
11.4.7.4.4 Rest of Middle East and Africa Electroencephalography Systems Professional Market by End-User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Electroencephalography Systems Professional Market Overview
11.5.2 South and Central America Electroencephalography Systems Professional Market Forecasts and Analysis
11.5.3 South and Central America Electroencephalography Systems Professional Market Forecasts and Analysis - By Product
11.5.4 South and Central America Electroencephalography Systems Professional Market Forecasts and Analysis - By Modalities
11.5.5 South and Central America Electroencephalography Systems Professional Market Forecasts and Analysis - By Application
11.5.6 South and Central America Electroencephalography Systems Professional Market Forecasts and Analysis - By End-User
11.5.7 South and Central America Electroencephalography Systems Professional Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Electroencephalography Systems Professional Market
11.5.7.1.1 Brazil Electroencephalography Systems Professional Market by Product
11.5.7.1.2 Brazil Electroencephalography Systems Professional Market by Modalities
11.5.7.1.3 Brazil Electroencephalography Systems Professional Market by Application
11.5.7.1.4 Brazil Electroencephalography Systems Professional Market by End-User
11.5.7.2 Argentina Electroencephalography Systems Professional Market
11.5.7.2.1 Argentina Electroencephalography Systems Professional Market by Product
11.5.7.2.2 Argentina Electroencephalography Systems Professional Market by Modalities
11.5.7.2.3 Argentina Electroencephalography Systems Professional Market by Application
11.5.7.2.4 Argentina Electroencephalography Systems Professional Market by End-User
11.5.7.3 Rest of South and Central America Electroencephalography Systems Professional Market
11.5.7.3.1 Rest of South and Central America Electroencephalography Systems Professional Market by Product
11.5.7.3.2 Rest of South and Central America Electroencephalography Systems Professional Market by Modalities
11.5.7.3.3 Rest of South and Central America Electroencephalography Systems Professional Market by Application
11.5.7.3.4 Rest of South and Central America Electroencephalography Systems Professional Market by End-User
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Middle East and Africa
12.5 South and Central America
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. ELECTROENCEPHALOGRAPHY SYSTEMS PROFESSIONAL MARKET, KEY COMPANY PROFILES
14.1. CADWELL INDUSTRIES INC.
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. MEDTRONIC PLC
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. NEUROWAVE SYSTEMS INC.
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. BRAINSCOPE COMPANY INC.
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. NORAXON USA.
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. COMPUMEDICS LIMITED
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. RIMED
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. NATUS MEDICAL INCORPORATED.
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. NIHON KOHDEN CORPORATION
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. LIFELINES NEURO
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
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Cadwell Industries Inc.
2. Medtronic plc
3. NeuroWave Systems Inc.
4. BrainScope Company Inc.
5. Noraxon USA.
6. Compumedics Limited
7. Rimed
8. Natus Medical Incorporated.
9. Nihon Kohden Corporation
10. Lifelines Neuro
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.