Global Neurophysiology Devices And Equipment Market Size, Forecasts, And Opportunities
Learn about the global neurophysiology devices and equipment market through The Business Research Company, which provides information on neurophysiology devices and equipment market size, neurophysiology devices and equipment market drivers and restraints, neurophysiology devices and equipment market players, the COVID-19 impact on the neurophysiology devices and equipment market, and more.
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The global neurophysiology devices and equipment market is expected to grow from $1.3 billion in 2020 to $1.4 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The neurophysiology devices and equipment market are expected to reach $1.75 billion in 2025 at a CAGR of 5.7%.
Increasing prevalence of neurological disorders worldwide is expected to drive innovation in neurophysiology devices and equipment manufacturing, thus driving the market during the forecast period.
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The neurophysiology devices and equipment market consist of sales of neurophysiology devices and equipment and related services. Most prevalent monitoring techniques under this market are Electroencephalography (EEG), electromyography/electroneurography (EMG/ENG) and the recording of evoked potentials (EP). These equipment and techniques are helpful in dealing with different functions of the nervous system such as spinal cord & peripheral nerve dysfunction brain alterations and nerve damage.
Global neurophysiology devices and equipment market segments include:
By Technology: Electromyography (EMG), Electroencephalography (EEG), Electrocorticography (ECoG), Evoked potential (EP)
By End Users: Hospitals, Ambulatory Surgical Centres
By Modality: Standalone, Portable
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Companies in the neurophysiology devices and equipment market are investing in advancement of technology to increase the efficiency of these devices.
TBRC’s neurophysiology devices and equipment market report covers:
Major Market Players: Medtronic Plc, Nihon Kohden Corporation, Dr. Langer Medical Gmbh, Natus Medical Incorporated and Inomed Medizintechnik.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Neurophysiology Devices And Equipment Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides neurophysiology devices and equipment market overviews, analyzes and forecasts market size, share, neurophysiology devices and equipment market players, neurophysiology devices and equipment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s neurophysiology devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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