This Seizure Detection Devices market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.
This study is one of the most comprehensive documentation that captures all the facets of the evolving Seizure Detection Devices market.
Seizure is a medical condition in which the normal nerve cell activities in the brain are disturbed. The basic treatments include the application of sedatives, anticonvulsants, barbiturates or combination therapy with anti-epileptic drugs. The causes pertaining to the seizures include metabolic activities, structural changes, a side-effect of current medication, infections, and exposure to stress.
The commonly utilized seizure detection devices include EEG machines, implanted advisory system devices, electromyography machines, Magnetic resonance imaging (MRI) devices, Computed tomography devices and other novel devices available in the market. The seizures if untreated give rise to epileptic conditions causing nausea, vomiting and loss of coordination.
The Seizure detection devices help in diagnosis, and monitoring the onset as well as some devices are capable of integrated dose delivery mechanisms. Conventional EEG devices are becoming so compact to be used as sensors, watches and headphones as well as implantable for detecting and monitoring the onset of the condition preventing fatal conditions.
The increasing awareness of mental health and increasing target patient population is one of the most important factors, which will favour the growth of the seizure detection devices market. The increasing population with severe paediatric ailments coupled with encephalitis is also expected to increase the growth of the seizure detection devices market.
Technological advancement leading to the development of new and advanced portable products is expected to boost the growth of the 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 the 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 the seizure detection devices market.
Apart from drivers, there are a few factors, which can decrease the growth of the seizure detection devices market. Factors such as product recall and stringent regulations in some emerging markets pertaining to price capping can hinder the growth of the 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 on continuous monitoring applications. Based on end users, the seizure detection devices market has been segmented into hospitals, speciality clinics, pharmacies and others.
Hospitals are expected to hold the maximum revenue share in the seizure detection devices market due to increasing availability in emerging markets.
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 the availability of advanced healthcare facilities.
The Asia Pacific is expected to hold a significant growth rate in the 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.
There are a 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 assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic 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.
Tentatively, the global Seizure Detection Devices market can be segmented on the basis of the product, end user, and geography.
Based on the product type, the global seizure detection devices market is segmented as:
Based on the technology, the global seizure detection devices market is segmented as:
Based on end-user, the global seizure detection devices market is segmented as:
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Seizure Detection Devices Market
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