Seizure Detection Devices Market

The increasing awareness of mental health and increasing target patient population is one of the most important factors, which will favor the growth of seizure detection devices market. Increasing population with severe pediatric ailments coupled with encephalitis is also expected to increase the growth of seizure detection devices market. Technological advancement leading to the development of new and advanced portable products, is expected to boost the growth of seizure detection devices market. There are new and advanced seizure detection devices which are being introduced in the market and can increase the growth of the market at a significant rate owing to the feature of remote continuous monitoring. Other factors such as R&D spending, M&As, contract manufacturing of devices, increasing number of fast track approvals from United States FDA for devices and more availability of conventional EEGs in hospitals in emerging markets is expected to boost the growth in various regions for seizure detection devices market.  

Apart from drivers, there are a few factors, which can decrease the growth of seizure detection devices market. Factors such as product recall and stringent regulations in some emerging market pertaining to the price capping can hinder the growth of seizure detection devices market.

Based on the product type, the seizure detection devices have been segmented into conventional EEG devices and wearable EEG devices. Conventional EEG seizure detection devices are expected to hold the maximum revenue share in the seizure detection devices market. Based on the technology, vagus nerve stimulation based seizure detection devices are attracting more funding from investors to capitalize continuous monitoring applications. Based on end user, the seizure detection devices market has been segmented into hospitals, specialty clinics, pharmacies and others. Hospitals are expected to hold the maximum revenue share in the seizure detection devices market due to increasing availability in the emerging markets.

Seizure Detection Devices Market: Regional Outlook

Geographically, the global seizure detection devices market is segmented into viz. North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA. North America is expected to be a dominant market in the global seizure detection devices market because of the presence of well-established healthcare infrastructure and availability of advanced healthcare facilities. The Asia Pacific is expected to hold a significant growth rate of seizure detection devices market. The seizure detection devices market in the Asia Pacific is expected to grow at a significant CAGR due to the presence of a large population with prevalence. Europe is also expected to hold a large revenue share in the seizure detection devices market owing to the increasing adoption of treatments and increasing healthcare awareness.

Seizure Detection Devices Market: Key Players

There are few key players operating in the seizure detection devices market including Compumedics, Koninklijke Philips N.V., Medtronic PLC, Natus Medical Incorporated., Nihon Kohden Corporation., LivaNova Plc., St. Jude Medical, Inc., Boston Scientific Corporation, Empatica Inc., Emotiv and NeuroPace, Inc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

• Seizure Detection Devices Market Segments
• Seizure Detection Devices Market Dynamics
• Seizure Detection Devices Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America ( Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• Europe (Germany, Italy, UK, Spain, France, Russia, Belgium, Netherlands, Luxemburg, Norway, Denmark, Iceland, Sweden, Poland, Ukraine, Czech Rep, Rest of Europe)
• Asia Pacific Excluding Japan (India, Australia & New Zealand, Greater China, S. Korea, ASEAN Countries, Rest of APEJ)
• Japan
• CIS & Russia
• Middle East and Africa (GCC, Turkey, Iran, Israel, South Africa, Rest Of MEA)