July 9, 2020

In-Depth Case Study on Electroencephalography (EEG) Devices

The human brain consists of millions of neurons that play an important role in controlling the body's behavior in relation to internal/external motor/sensory stimulation. These neurons act as a carrier for information between the human body and the brain. Analyze brain signals or images to understand brain cognitive behavior.

EEG vs. Neuroscience:

Clinical EEG and neuroscience deliver clinically relevant research and development in brainwave and neuroscience. Neuroscience is a study of that is concerned with the structure and function of the nervous system. The study covers the evolution, development, physiology, cellular & molecular biology, anatomy & pharmacology of the nervous system, and also behavioral, computational and cognitive neuroscience. Tools such as MRI scans and computerized 3-D models are used to perform tests for some common conditions including Down syndrome, Parkinson's disease, brain tumors, effects of stroke such as, language loss and many others.

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On the other hand Electroencephalogram (EEG) is a test used to evaluate the electrical activity of the brain. Brain cells communicate with each other through electrical shock. EEG can be used to detect potential problems associated with this activity. EEG tracks and records EEG patterns. A small flat metal disc, called an electrode, is attached to the scalp with wires. Electrodes send signals to a computer that analyzes the electrical shock in the brain and records the results.

Growing incidence of neurovascular diseases:

Neurological diseases are the diseases of the spine, brain, and the nerves that connect them and provides oxygenated blood. The neurovascular systems are highly dependent on the continuous supply of oxygen and nutrients, which has been supplied by the arteries and veins. The amount of oxygen and nutrients to the brain is essential for its working; therefore, a defect in the system can impair the function, and it may quickly become a life-threatening factor.

The neurovascular diseases include hemorrhage stroke, ischemic stroke, brain tumors, and more. The genetic disorders, lifestyle habits, related chronic conditions may cause the development of neurovascular diseases. During the last few years, the predominance of neurological disorders has increased significantly. For instance, epilepsy is one of the neurovascular diseases that is rising significantly across the globe.

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.

Company Profiles

Brain Products GmbH, g.tec medical engineering GmbH, Cognionics, Inc., Wearable Sensing, Neuroelectrics, ANT Neuro, Mitsar Co. Ltd., Neurosky, Biosemi, Advanced Brain Monitoring, Inc., EMOTIV, MUSE, Koninklijke Philips N.V., Bitbrain Technologies.

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.