Explore Top 10 Companies in EEG Devices Industry
Electroencephalogram (EEG) registration as a direct measurement of brain activity has unique possibilities. It is one of the most reliable and predictive indicators when studying human cognition, evaluating a subject's health status, or monitoring their mental state.
Medical tourism is the major driving factor that is leading to the growth of EEG devices. The patients travel to other countries due to the use of advanced and sophisticated medical technology devices, equipment, and other products. Medical tourism takes place in such cases where medical care and surgeries are required. The medical tourism is rising in Asia Pacific regions where India is the favorite destination because of the key opportunities in the form of efficient infrastructures and technology in the Indian healthcare sector. The National medical systems and the health insurance market are well developed in the country, which is convenient for visitors from the West and the Middle East. Also, hospital expenses very affordable in the country.
Top 10 Companies:
1. Brain Products GmbH
2. g.tec medical engineering GmbH
3. Cognionics, Inc.
4. Wearable Sensing
5. Neuroelectrics
6. ANT Neuro
7. Mitsar Co. Ltd.
8. Neurosky
9. Biosemi
10. Advanced Brain Monitoring, Inc.
Electroencephalogram (EEG) registration as a direct measurement of brain activity has unique possibilities. The fact that all physical and mental processes are controlled by our brain suggests that such information is also reflected in the registered signal. Therefore, an EEG is one of the most reliable and predictive indicators when studying human cognition, evaluating a subject's health status, or monitoring their mental state.
One main requirement for the interpretation of registered brain activity is the indication of good quality. A common way to achieve this is to register the EEG in a shielded laboratory and to reduce impedance to the electrode before preparing the subject's skin. Unfortunately, these standard procedures limit the applicability of an EEG device and narrow its application outside the lab. An additional challenge when it comes to real-life applications involves wired connections from the electrode cap to the amplifier and computer. These severely restrict the mobility of a subject and reduce user acceptance of the measuring technique.
Several established companies in the industry have been spending a requisite amount of their revenue in research and development activities for the development of better and advanced products and technologies to be used in the healthcare industry. Also, the availability of reimbursement for various medical procedures is expected to fuel the growth of the sector in the coming years. On the other hand, many of the European countries are becoming the destination of medical tourism. The growing medical tourism in the emerging nations in the EEG devices market is expected to offer significant growth opportunities to the players operating in the market during the forecast period.