The electroencephalography systems/devices market was valued at USD 1.30 Billion in 2024, driven by the increasing prevalence of neurological disorders and the growing demand for advanced diagnostic equipment across the globe. The market is anticipated to grow at a CAGR of 10.30% during the forecast period of 2025-2034, with the values likely to reach USD 3.46 Billion by 2034.
Electroencephalography Systems/Devices Market Overview
Electroencephalography is a procedure which involves analysing the electrical activity of the human brain. The procedure is used to analyse brain wave patterns and detect whether there are any potential obstacles hindering the communication process of the brain. Electroencephalography is majorly used to detect medical conditions such as epilepsy, sleep disorders, brain tumour, dementia, and head injuries, among others.
Global Electroencephalography Systems/Devices Market Growth Drivers
Increasing Prevalence of Neurological Diseases
Epilepsy is a critical noncommunicable disease contributing to the global disease burden as nearly 50 million people worldwide are currently battling the medical condition. Additionally, an estimated 5 million people are allegedly diagnosed with epilepsy each year. Having a sufficient share of the global disease burden, epilepsy plays a critical role in the rising demand for electroencephalography, thus, propelling the market growth. The increasing prevalence of epilepsy and other common but critical brain conditions such as dementia and brain tumour are further supporting the market stimulation. Evaluations performed by the World Health Organisation show that early diagnosis of epilepsy could help 70% of the patients live a seizure-free life, bringing better patient outcomes.
Surge in Research Initiatives to Meet Rising Electroencephalography Systems/Devices Market Demand
In May 2024, researchers at Duke University successfully developed an assistive machine learning model that significantly enhances the ability of medical professionals to comprehend the electroencephalography (EEG) charts of intensive care patients. With ambiguous waves striking up and down, it is not always easy for a healthcare professional to read EEG readings correctly. Increasing advancements and integration of advanced technologies such as machine learning and artificial intelligence, this assistive machine learning model may save medical professionals a great deal of patients, specifically those in intensive care units at hospital facilities. The research was conducted by collecting EEG samples from more than 2700 patients, gathering more than 120 experts, analysing the most relevant features in the graphs and categorising them as either a seizure, one of four types of seizure-like events or ‘other’.
In April 2024, Soterix Medical Inc., a pioneer in non-invasive brain stimulation and synergistic monitoring technologies launched a combined high-definition transcranial electrical stimulation (HD-tES) and EEG system, MxN-GO EEG, to enhance the quality of research activities that require electrical stimulation, and recording of brain activity in environments such as mobile and natural. The easy to setup system incorporates 33 stimulation channels and 32 recording channels that provide unmatched precision. This launch was an outcome of collaboration with mBrainTrain, a dedicated mobile EEG company focused on revolutionising the neuroscience domain with its innovations.
As healthcare professionals are diagnosing notable number of neurological disorders among people, the demand for more advanced EEG systems is anticipated to rise and support market growth in the forecast period. Collectively, research activities focused on digging insights about brain activity in varied environments may further assist healthcare professionals in treating patients more effectively, contributing to enhanced patient outcomes.
Global Electroencephalography Systems/Devices Market Trends
The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:
Increasing Technological Advancements
The increasing technological advancements are assisting medical professionals to enhance their ability to understand EEG outputs. With the integration of advanced technologies such as artificial intelligence and machine learning, electroencephalography is becoming more efficient and pivotal in diagnosing and treating neurological disorders.
Rising Demand for Neurological Disorder and Psychiatric Disorder Diagnostics
Due to the increasing prevalence and rising technological advancements, a significant amount of market demand for diagnostic equipment and systems is present in the market. The advanced equipment may enhance the diagnosis procedure of neurological disorder and psychiatric disorders in the market.
Increasing Number of Research Activities
Researchers are focusing more on testing innovations in varied environments to increase the efficiency and adaptability of electroencephalography systems for enhanced patient outcomes. Such research activities may also contribute to the expanded application of electroencephalography.
Growth in Product Launches
The market is collectively witnessing various market launches by key players to address the market demand for improved electroencephalography equipment and systems, stimulating market development.
Global Electroencephalography Systems/Devices Market Segmentation
The EMR’s report titled “Electroencephalography Systems/Devices Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook