Epilepsy Monitoring Devices Market: Making the Most of Opportunities While Overcoming Obstacles
The new report titled ‘Global Epilepsy Monitoring Devices Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments.
The global epilepsy monitoring devices market size was USD 484.6 Million in 2021 and is expected to register a rapid revenue CAGR of 4.5% during the forecast period. The global epilepsy monitoring devices market is expected to grow at a significant rate in the coming years, owing to the rising prevalence of epilepsy and the increasing demand for non-invasive diagnostic procedures. Epilepsy is a neurological disorder characterized by recurrent seizures that can significantly impact a person’s quality of life. According to the World Health Organization (WHO), epilepsy affects approximately 50 million people worldwide, with 80% of these individuals residing in low- and middle-income countries.
The growing incidence of epilepsy is one of the major drivers of the epilepsy monitoring devices market. In addition, the increasing availability of advanced technologies for diagnosis and treatment is also fueling market growth. For instance, the development of wireless technology and the miniaturization of sensors has enabled the production of portable and easy-to-use epilepsy monitoring devices, which are becoming increasingly popular among patients.
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Key Points of Epilepsy Monitoring Devices Market:
- Extensive coverage of the analysis of the Epilepsy Monitoring Devices market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Epilepsy Monitoring Devices market
- Complete data about the key manufacturers and vendors in the Epilepsy Monitoring Devices market
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Epilepsy Monitoring Devices products is expected to drive the demand for Epilepsy Monitoring Devices, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
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Regional Analysis:
The report sheds light on the region expected to dominate the Epilepsy Monitoring Devices market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Epilepsy Monitoring Devices market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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Leading Companies of the Epilepsy Monitoring Devices Industry and Profiled in the Report are:
SK Biopharmaceuticals, UCB S.A., Novartis AG, GSK Plc, Pfizer Inc., Eisai Co, Ltd., Angelini Pharma, Indoco Remedies Ltd, Sun Pharmaceuticals Industries Ltd., and Abbott
Based on Type, the Epilepsy Monitoring Devices Market is segmented into:
-
Product Portability Outlook (Revenue, USD Million; 2019-2030)
- Conventional Devices
- Monitoring Devices
- Deep Brain Stimulation Devices
- Wearable Devices
- Conventional Devices
-
End-use Outlook (Revenue, USD Million; 2019-2030)
- Hospitals
- Neurology Centers
- Ambulatory Surgery Centers (ASCs) & Clinics
- Diagnostics Centers
- Others
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Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
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