United States – Report Ocean (150+ Country Markets Analyzed, Works on 100000+ Reports Released & Upcoming Annually.] presents a research report and the best winning strategies for epilepsy devices market. Top subject matter experts, researchers, and market research professionals curated this report to ensure that the information contained herein is compiled from the most authentic sources and that the forecasts are of the utmost accuracy. To forecast market growth, specialists employ a variety of analytical methodologies and approaches, including SWOT (methods of analysis), PESTEL analysis and regression analysis. The Epilepsy devices The study also examines the various regulations and policies that the company has implemented. This report discusses the industry in terms of research technology and precise prospective use, innovation and future progress in the field. epilepsy devices market.
The global epilepsy devices market size was 588.9 million US$ in 2021. The global epilepsy devices market is expected to reach 1113.9 million US$ by 2030 registering a rate of compound annual growth (CAGR) of 7.1% over the forecast period from 2022 to 2030.
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Epilepsy is a type of chronic neurological disorder. Its symptoms include repeated unprovoked seizures, characterized by unnoticed episodes of uncontrollable movements affecting any part of the body. Strokes, brain tumors, infections, head injuries, and birth defects in some people can lead to epilepsy. Apart from this, various blood tests such as complete blood count, magnetic resonance imaging (MRI), computed tomography (CT), and electroencephalograms (EEG) are used to diagnose epilepsy based on the symptoms of the disorder.
Factors influencing the market
The increasing prevalence of epilepsy will mainly lead to the growth of anti-epileptic devices for effective treatment. Data from the World Health Organization (WHO) indicates that nearly 50 million people worldwide suffer from epilepsy. Thus, the high prevalence of epilepsy will fuel the growth of the overall antiepileptic devices market during the forecast period.
Epilepsy requires continuous monitoring of patients. Thus, the high need for advanced devices in the treatment of epilepsy will fuel the growth of the overall market. In addition to this, increasing healthcare expenditure will also contribute to the growth of the global antiepileptic devices market over the analysis period.
Technological improvements in the industry will also provide lucrative growth opportunities for the global epilepsy devices market during the forecast period. On the other hand, the lack of efficient healthcare facilities may limit the growth of the market over the study period.
North America is expected to hold the highest share of the global antiepileptic devices market, owing to the large number of companies operating in the region. Furthermore, government support is expected to play a crucial role in driving the market forward. The global epilepsy market will also witness notable growth owing to the increase in healthcare expenditures and growing prevalence of diseases in the region.
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COVID-19 Impact Analysis
Healthcare facilities around the world have been overwhelmed by the massive number of COVID-19 patients. Thus, this has exerted tremendous pressure on the epilepsy device market. Other items and services that were not essential to COVID-19 response operations have been canceled or postponed. To reduce the risk of exposure for doctors, employees and patients, a wide range of hospitals have temporarily canceled elective neurology treatments. Thus, it has had a negative impact on the epilepsy devices market.
• Boston Scientific Society
• Medpage Ltd. (Easylink UK)
• Cerbomed GmbH (TVNS Technologies GmbH)
• Liva Nova (Cyberonics)
• Nihon Kohden
• Empatica Inc.
• Medtronic Plc
• Neuropace Inc.
• Other top players
The global epilepsy devices market segmentation focuses on product, end-user, and region.
• Portable devices
• Conventional devices
o Deep brain stimulation devices
o Monitoring devices
• Standard EEG
• Video EEG
• Others/ambulatory EEG
Other monitoring devices
Per end user
• Ambulatory surgery centers and clinics
• Neurology centers
• Diagnostic centers
• Home care settings
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● North America
o United States
o United Kingdom
o Rest of Western Europe
o Rest of Eastern Europe
o Australia and New Zealand
o Rest of Asia-Pacific
● Middle East and Africa (MEA)
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Rest of South America
What are the main conclusions of the report?
This report provides comprehensive information about the factors that are expected to influence market growth and market share in the future.
The report presents the current market status and future prospects for various geographical regions.
This report provides qualitative and quantitative insights into the competitive landscape of the market.
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