Epilepsy Monitoring Devices Market – Scope of the Report
TMR’s report on the global epilepsy monitoring devices market studies the past as well as current growth trends and opportunities to gain valuable insights of the same indicators for the said market for the forecast period of 2019 to 2027. The report provides the overall market revenue of the global epilepsy monitoring devices market for the period of 2017–2027, with 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global epilepsy monitoring devices market during the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involves bulk of the research efforts, wherein, analysts carry out interviews with industry leaders and opinion makers. Extensive secondary research involves referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global epilepsy monitoring devices market.
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Epilepsy Monitoring Devices Market: Healthcare Professionals Seek Solutions to Overcome Diagnostic Challenges
Complexities involved in diagnosing and treating epilepsy, seizures, and similar disorders pose a major challenge for healthcare providers. Typically, based on the magnitude of the seizure or the condition of the patient, healthcare professionals could turn to simulation techniques, surgical procedures, or suggest a diet to patients susceptible to epilepsy. The evaluation and diagnosis of epilepsy have come a long way in recent years due to significant progress in technology and the advent of computer-based epilepsy monitoring devices. Epilepsy monitoring devices provide critical insights to professionals pertaining to the type of seizure based on which, they can provide the most suitable treatment to the patient. Further, these devices have played an imperative role in minimizing the number of Sudden Death due to Epilepsy (SUDEP) cases, due to which, demand in the epilepsy monitoring devices market is expected to witness significant increase.
As such, the value of the global epilepsy monitoring devices market is set to witness 1.7X growth over the forecast period (2019-2027), at the back of the ascending demand for wearable epilepsy devices, worldwide.
According to Transparency Market Research’s latest market report on the epilepsy monitoring devices market for the historical period of 2017–2018 and forecast period of 2019–2027, rise in the prevalence of epilepsy, and increase in incidence of head injuries, brain cancer, infections, and substance abuse are anticipated to drive the global epilepsy monitoring devices market.
According to the report, the global epilepsy monitoring devices market was valued at ~US$ 530 Mn in 2018. The epilepsy monitoring devices market is projected to expand at a CAGR of ~6% from 2019 to 2027.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
Global Epilepsy Monitoring Devices Market: Competition Landscape
This report profiles major players in the global epilepsy monitoring devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments.
The epilepsy monitoring devices market is moderately fragmented, with the presence of a few large-scale players present in international markets and numerous small-scale players in regional markets. The top four to five players hold a majority share of the global epilepsy monitoring devices market.
Prominent players operating in the global epilepsy monitoring devices market include
- Compumedics Limited
- Empatica, Inc.
- Masimo Corporation
- PulseGuard International Ltd.
- Koninklijke Philips N.V.
- Medtronic plc
- Natus Medical Incorporated
- Nihon Kohden Corporation
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