The epilepsy monitoring devices market was valued at USD 499 million in 2021 and it is anticipated to grow up to USD 782 million by 2031, at a CAGR of 4.6% during the forecast period.
Global Epilepsy Monitoring Devices Market report from Global Insight Services is the single authoritative source of intelligence on Epilepsy Monitoring Devices Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An abrupt and uncontrollable electrical disruption of the brain is known as epilepsy. It results in modifications to the degree of consciousness, movement, and behavior. Based on different severity levels, there are numerous forms of epilepsy that are common worldwide. Depending on where and how they start in the brain, many types of epilepsy exist. Most epileptic episodes last between 30 seconds and 2 minutes.
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Market Trends and Drivers
The increasing incidence and prevalence of epilepsy is boosting the growth of the market during the forecast period. The WHO estimates that five million people are given epilepsy diagnoses each year in the world. According to estimates, epilepsy affects 49 out of every 100,000 people in high-income nations. This number can reach 139 per 100,000 in low- and middle-income nations. This is probably because endemic diseases like malaria and neurocysticercosis are more common, birth traumas and injuries from auto accidents occur more frequently, the medical infrastructure varies, and there are preventive health programs and accessible care options available (in high-income countries).
Market Segments
By Product Type
- Wearable Devices
- Conventional Devices
- Implantable Devices
By Technology
- Vagus Nerve Stimulation (VNS)
- Responsive Neurostimulation
- Deep Brain Stimulation
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Key Players
- Natus Medical, Inc. (US)
- Compumedics Limited (Australia)
- Empatica, Inc. (US)
- The Magstim Co. Ltd. (UK)
- Nihon Kohden Corporation (Japan)
- Medtronic Plc (Ireland)
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