US Market Report for Electroencephalogram Monitoring 2017 - MedCore
The EEG market is made up of EEG monitors as well as the associated electrodes for both diagnostic and depth of anesthesia monitoring devices, which are treated separately herein. Although the number of consumables sold is much larger than the number of monitors sold, the high ASP for monitors resulted in monitors comprising a larger proportion of the total market.
Presently, the long-term EEG market accounts for the majority of the diagnostic EEG market revenue, which excludes the revenue from depth of anesthesia EEG devices. By the end of the forecast period the long-term monitoring segment will strengthen further to represent an even larger share of that market. This shift is driven in part by the high costs associated with the feature loaded monitor configurations utilized in non-routine settings. Furthermore, the deployment of new, high-end technologies, including source imaging and dense array EEG, in addition to expanded applications for EEG will facilitate further revenue growth across these developing EEG device markets.
Electroencephalography (EEG) devices record the electrical activity of neurons in the brain through electrodes placed on the scalp (non-invasive) or directly on the brain (invasive). EEG is commonly used for diagnosing seizures, comas and other brain abnormalities. The efficacy of EEG in the identification of treatable etiologies of altered mental status (AMS) continues to be a major focus for research efforts.