SEATTLE, Jan. 16, 2023 (GLOBE NEWSWIRE) — “Epilepsy Monitoring Devices Market” is the title of a new report from Data Bridge Market Research. Key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and competitive environment are all dissected in detail in the research. The study conducted for Epilepsy Monitoring Devices industry also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors with the help of SWOT analysis and Porter’s Five Forces Analysis. Epilepsy Monitoring Devices market research report bestows clients with the best results and for the same, it has been produced by using integrated approaches and the latest technology. This collected information is checked and verified by market experts before presenting it to the end user. Businesses are highly reliant on the different segments covered in the market research report which gives better insights to drive the business in the right direction.
The market studies, insights, and analysis carried out in this Epilepsy Monitoring Devices market research report keep the marketplace clearly in focus which helps achieve a business goal. This Epilepsy Monitoring Devices market report is built by chewing over several fragments of the present and upcoming market scenario because an utter way to forecast what the future holds is to comprehend the trend today. It all-inclusively estimates general market conditions, the growth prospects in the market, possible restrictions, significant industry trends, market size, market share, sales volume, and future trends. This Epilepsy Monitoring Devices report is a wonderful guide for an actionable idea, enhanced decision-making, and better business strategies
The global epilepsy monitoring devices market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 5.6% in the forecast period of 2023 to 2030 and is expected to reach USD 1,510.51 million by 2030.
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Epilepsy is a central nervous system (neurological) disorder in which brain activity becomes abnormal, causing seizures or periods of unusual behavior, sensations and sometimes loss of awareness. Epileptic seizures can vary from brief and nearly undetectable periods to long periods of vigorous shaking due to abnormal electrical activity in the brain. The most common type of seizure is convulsive, which involves involuntary muscle contractions.
Tonic-clonic seizures occur with a contraction of the limbs followed by their extension and arching of the back, which lasts 10–30 seconds. Myoclonic seizures involve very brief spasms of muscles in either a few areas or all over.
The Global Market Is Analyzed in Depth in the Latest Study. Taking into account the current level of competition and its projected evolution over the next few years.
Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Epilepsy Monitoring Devices market. Sales and revenue in this sector have increased at an exponential rate. The market’s size and growth are both expected to increase thanks to the factors driving the market’s expansion over the projected period.
Leading businesses in the Epilepsy Monitoring Devices Industry are investing heavily in R&D in order to build a larger client base and expand their share of the market by reintroducing improved products to consumers. All of the companies’ strategy, as well as their financial health, revenue, gross margin, and growth rate, are detailed in the study.
The Epilepsy Monitoring Devices Market is Dominated by Firms Such as
- NIHON KOHDEN CORPORATION.,
- Natus Medical Incorporated.,
Recent Developments
- In December 2022, NIHON KOHDEN CORPORATION announced that it would open a new sale branch of Nihon Kohden Singapore (NKS), one of its sales subsidiaries, aiming to apply for registration of medical devices smoothly and expand its sales in the Philippines
- In February 2022, Masimo announced its entry into a definitive merger agreement to acquire Viper Holdings Corporation, which owns Sound United (“Sound United”). This consumer technology company owns a portfolio of premium brands, including Bowers& Wilkins, Denon, Polk Audio and Marantz. Pursuant to the merger agreement, they had to pay approximately USD 1.025 billion, subject to adjustments, for the acquisition. This helps the organization generate more revenue
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A comprehensive analysis will be provided covering the following points in the report:
- Scope of the Epilepsy Monitoring Devices Report
- Key Findings and Recommendations
- Growth and Investment Opportunities
- Epilepsy Monitoring Devices Market Value Chain/Supply Chain Analysis
- Epilepsy Monitoring Devices Market Attractive Investment Proposition
- Competitive landscape and SWOT Analysis
- Company Profiles of Key Players
Opportunities for Key Players:
- Rise in technological advancement in the disease monitoring device
With the advent of time, medical devices have undergone various technological changes. The advancement in disease-monitoring medical devices includes using flexible electronics such as thin flaps or skin patches for the accurate and real-time monitoring of vital signs. The validation and accuracy of the recorded data by such devices are also enhanced by the upgradation of new operating software and hardware used in those devices. The advanced flaps-like monitoring system is manufactured by various key market leaders like Neurava, Neuronostics, Epilepsy Alarms and others. Instant and precise assessment of results coupled with the noteworthy existence of these devices due to advancements; escalate the customer preference and adoption rate of such devices. Thus, innovations leading to superior product characteristics and cost-effectivity will spur global market expansion of epilepsy monitoring devices.
The innovation and advancement in technology have upgraded medical devices in all prospects, including battery life, light weightiness, advanced features like AI assistance, upgraded software, and wireless connectivity, among more. Technological advancement brings many advantages to the patient’s diagnosis and therapeutic uses with improvements in remote monitoring systems. Thus, the increased technological advancement boosts the growth of the global epilepsy monitoring devices market.
- Increased demand for the non-invasive and minimally invasive device
An invasive device is a complicated, painful, and risky procedure, as it involves direct intervention with the brain tissue. Therefore, healthcare professionals and patients show a high inclination towards the use of non-invasive and minimally invasive devices. With rising awareness, more patients are opting for minimally invasive or non-invasive procedures. Epilepsy monitoring devices overcome the risks and pain associated with invasive brain monitoring. Many government initiatives also focus on reducing the risks related to treatment options for brain disorders.
Key Market Segments Covered in Epilepsy Monitoring Devices Industry Research
By Product Type
By Type
By Patient Type
By End User
- Ambulatory Surgical Centres & Clinics
By Distribution Channel
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Key Industry Drivers:
- Rise in technological advancement in the disease monitoring device
With the advent of time, medical devices have undergone various technological changes. The advancement in disease-monitoring medical devices includes using flexible electronics such as thin flaps or skin patches for the accurate and real-time monitoring of vital signs. The validation and accuracy of the recorded data by such devices are also enhanced by the upgradation of new operating software and hardware used in those devices. The advanced flaps-like monitoring system is manufactured by various key market leaders like Neurava, Neuronostics, Epilepsy Alarms and others. Instant and precise assessment of results coupled with the noteworthy existence of these devices due to advancements; escalate the customer preference and adoption rate of such devices. Thus, innovations leading to superior product characteristics and cost-effectivity will spur global market expansion of epilepsy monitoring devices.
The innovation and advancement in technology have upgraded medical devices in all prospects, including battery life, light weightiness, advanced features like AI assistance, upgraded software, and wireless connectivity, among more. Technological advancement brings many advantages to the patient’s diagnosis and therapeutic uses with improvements in remote monitoring systems. Thus, the increased technological advancement boosts the growth of the global epilepsy monitoring devices market.
- Increased demand for the non-invasive and minimally invasive device
An invasive device is a complicated, painful, and risky procedure, as it involves direct intervention with the brain tissue. Therefore, healthcare professionals and patients show a high inclination towards the use of non-invasive and minimally invasive devices. With rising awareness, more patients are opting for minimally invasive or non-invasive procedures. Epilepsy monitoring devices overcome the risks and pain associated with invasive brain monitoring. Many government initiatives also focus on reducing the risks related to treatment options for brain disorders.
Epilepsy Monitoring Devices Market Regional Analysis/Insights:
Countries covered in epilepsy monitoring devices market report are U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Denmark, Sweden, Norway, Poland, Finland, Rest of Europe, China, India, Japan, South Korea, Singapore, Thailand, Malaysia, Indonesia, Australia, Philippines, Vietnam, New Zealand, Taiwan, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, U.A.E., Egypt, Saudi Arabia, Kuwait, Israel, Bahrain, Oman, Qatar, Rest of Middle East and Africa.
North America epilepsy monitoring devices market is growing in the forecast year due to the rise in market players and the availability of various advanced epilepsy monitoring devices in the market. Along with this, the number of government and private collaborations has increased in the market, which is further boosting market growth.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Epilepsy Monitoring Devices Market: Regulations
- Market Overview
- Global Epilepsy Monitoring Devices Market, By Product Type
- Global Epilepsy Monitoring Devices Market, By Type
- Global Epilepsy Monitoring Devices Market, By Patient Type
- Global Epilepsy Monitoring Devices Market, By End User
- Global Epilepsy Monitoring Devices Market, By Distribution Channel
- Global Epilepsy Monitoring Devices Market, By Region
- Global Epilepsy Monitoring Devices Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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Explore More Reports:
- Europe Epilepsy Monitoring Devices Market, By Product Type (Wearable Devices, Smart Devices, and Conventional Devices), Type (Focal Seizures, and Generalized Seizures), Patient Type (Paediatric, Geriatric, and Adults), End User (Hospitals, Homecare Setting, Neurology Centres, Diagnostic Centres, Ambulatory Surgical Centres & Clinics, and Others), Distribution Channel (Retail Sales, Online Sales, Direct Tenders, and Others) https://www.databridgemarketresearch.com/reports/europe-epilepsy-monitoring-devices-market
- Asia-Pacific Epilepsy Monitoring Devices Market, By Product Type (Wearable Devices, Smart Devices, and Conventional Devices), Type (Focal Seizures, and Generalized Seizures), Patient Type (Paediatric, Geriatric, and Adults), End User (Hospitals, Homecare Setting, Neurology Centres, Diagnostic Centres, Ambulatory Surgical Centres & Clinics, and Others), Distribution Channel (Retail Sales, Online Sales, Direct Tenders, and Others) https://www.databridgemarketresearch.com/reports/asia-pacific-epilepsy-monitoring-devices-market
- North America Epilepsy Monitoring Devices Market, By Product Type (Wearable Devices, Smart Devices, and Conventional Devices), Type (Focal Seizures, and Generalized Seizures), Patient Type (Paediatric, Geriatric, and Adults), End User (Hospitals, Homecare Setting, Neurology Centres, Diagnostic Centres, Ambulatory Surgical Centres & Clinics, and Others), Distribution Channel (Retail Sales, Online Sales, Direct Tenders, and Others) https://www.databridgemarketresearch.com/reports/north-america-epilepsy-monitoring-devices-market
- Middle East & Africa Epilepsy Monitoring Devices Market, By Product Type (Wearable Devices, Smart Devices, and Conventional Devices), Type (Focal Seizures, and Generalized Seizures), Patient Type (Paediatric, Geriatric, and Adults), End User (Hospitals, Homecare Setting, Neurology Centres, Diagnostic Centres, Ambulatory Surgical Centres & Clinics, and Others), Distribution Channel (Retail Sales, Online Sales, Direct Tenders, and Others) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-epilepsy-monitoring-devices-market
- Epilepsy Treatment Market, By Condition (Epilepsy Drug Resistant/Intractable Epilepsy, Others), Drug (First-Generation, Second-Generation, Third-Generation), Distribution Channel (Hospitals, Clinics, Retail Pharmacies, Online Pharmacies), End Users (Hospitals, Clinics, Ambulatory Surgical Centers, Diagnostic Centers) https://www.databridgemarketresearch.com/reports/global-epilepsy-treatment-market
- Epilepsy Market, By Condition (Epilepsy Drug-Resistant or Intractable Epilepsy, Others), Diagnosis and Treatment (Imaging Devices, Blood Tests, Anti-Epileptic Drugs, Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Diagnostic Centers), Treatment (First Generation Drugs, Second Generation Drugs, And Third Generation Drugs), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) https://www.databridgemarketresearch.com/reports/global-epilepsy-market
- Paediatric Epilepsy Therapeutics Market, By Diseases Type (Benign Rolandic Epilepsy, Infantile Spasms, Lennox-Gastaut Syndrome, Others), Therapeutics (Surgical Therapies, Dietary Supplements, Vagal Nerve Stimulation, Others), End-Users (Hospitals, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, online Pharmacies and Others) https://www.databridgemarketresearch.com/reports/global-paediatric-epilepsy-therapeutics-market
- Childhood Absence Epilepsy Treatment Market, By Drug Type (Cannabidiol Oral Solution, Valproate, Lamotrigine, Ethosuximide, CX-8998, Others), Disease Type (Typical Absence Seizures, Atypical Absence Seizures), Diagnosis (Electroencephalogram, MRI, CT scan), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), Country (U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-childhood-absence-epilepsy-treatment-market
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