About EEG Biosensor
The physiological method of choice for monitoring the electrical activity generated by the brain via electrodes placed on the scalp surface is electroencephalography or EEG Biosensor. Electrodes are placed in elastic caps for quicker administration, ensuring that data is gathered from identical scalp locations among all respondents. The EEG Biosensor measures the electrical activity created by the coordinated activity of hundreds of neurons. Because of its high sample rate, EEG is one of the quickest imaging methods accessible.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Companies all over the world are launching new products and signing partnerships, which is propelling the electroencephalography or EEG Biosensor market more competitive. Market participants are boosting the company market in the electroencephalography or EEG Biosensor market by collaboration, joint ventures, and other methods, which benefits organizations by allowing them to remain in Competition in electroencephalography or EEG Biosensor market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global EEG Biosensor market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AAT Medical Ltd (Germany), Advanced Medical Electronics Corp (United States), NeuroSky (United States), Advanced Neurometrics Inc. (United States), Belluscura Limited (United Kingdom), iMotions (United States), BioSignal Analytics Inc. (United States), Bio-Signal Group Corp. (United States), Bittium Biosignals Ltd (Finland), BrainCare Inc. (United States), BrainScope Company Inc (United States), Cerora Inc (United States), Circadian Therapeutics (United Kingdom) and Cognionics, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cogwear LLC (United States), Compumedics Ltd (Australia) and Electrical Geodesics Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global EEG Biosensor market by Type (Dry EEG, Semi-Dry EEG and Wet EEG (Soft Gel Based and Saline Solution)), Application (Disease Diagnosis, Sleep Monitoring, Virtual Reality, Market Research, Anaesthesia Monitoring, Blood Pressure, Motion Sickness, Trauma & Surgery and Others) and Region.
On the basis of geography, the market of EEG Biosensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Frequency Range, the sub-segment i.e. Delta (1 4 Hz) will boost the EEG Biosensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the EEG Biosensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wired and Wireless Communications will boost the EEG Biosensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the EEG Biosensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
New Technological Advancements Such as Lab-On-Chip and TGAM
Market Growth Drivers:
Increasing Neurological Disorders Worldwide and Increased Interest in Moving Medical Services
Challenges:
Lack of Reimbursement of Electroencephalography Biosensor Procedures
Restraints:
High Cost of Complex Brain Monitoring System and Procedures
Opportunities:
Increase R & D Investment by Pharmaceutical and Biotechnology Companies and Increased Healthcare Infrastructure
Market Leaders and their expansionary development strategies
On November 15, 2023, G.tec, a German EEG company known for its high-precision systems, acquired Biometric Sensor Technologies (BST), a developer of dry EEG electrodes. This move strengthens G.tec's position in the research and clinical market.
On October 26, 2023, NeuroSky, a leading EEG headset manufacturer, announced a strategic partnership with Emotiv, another major player in the field. This collaboration aims to combine their expertise in consumer and medical EEG applications, respectively.
As per US Nation Library of Medicine, National Institute of Health, Sensors, and Wearables are becoming more popular in Neuroscience as brain monitoring devices. Tools that directly measure brain activity, such as electroencephalography (EEG), as well as those that assess components of brain function such as sleep patterns, gait, cognition, and gaze analysis, are among them. It is feasible to offer instant feedback to users in the study of brain health, in particular the battle for: control of specific moods or emotions, using wearable headsets that enable EEG measurement of brain activity. EEG signals are summed and given to the user in a simple, visual style during neurofeedback.
Key Target Audience
EEG Biosensor Manufactures, EEG Biosensor Distributors and Suppliers, EEG Biosensor International Traders, Research and Development Institutes, Financial Institutes and Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.