EEG/EMG/Brain Function Monitoring Equipment Market to Reach $1.0 billion by 2010, According to New Report by Global Industry Analysts, Inc.
Worldwide EEG/EMG/Brain function monitoring industry is expected to grow steadily in coming years, with maximum growth being derived from lesser-developed regions including Asia-pacific and Latin America. By the year 2010, global EEG/EMG/Brain Function Monitoring equipment market is projected to cross $1.0 billion.
San Jose, California (PRWEB) April 15, 2008 -- Steep rise in obesity, cardiovascular, and autoimmune diseases drives the market for EEG diagnostic and monitoring equipment globally. Introduction of scientifically advanced digital EEG equipment, offering cutting-edge functionality at lower costs, high precision monitoring abilities, and ease of operation, continues to drive the brain monitoring equipment market. EEG systems offer significant advantages over competing technologies such as MRI and CT equipment in terms of cost and space requirements, which makes them suitable alternative to these procedures.
United States and Europe collectively account for more than 75% of the EEG/EMG/Brain function monitoring market worldwide, as stated by Global Industry Analysts, Inc. Asia-Pacific and Latin America emerge as the most lucrative markets worldwide with CAGR hovering between 8%-9% for the analysis period. In Asia-Pacific, Electromyographs/Evoked Potential Unit sales is projected to reach US$5.8 million by the year 2010. France, Germany, and the United Kingdom represent the leading markets in Europe accounting for about 45% of the market in 2008. Electroencephalograph (EEG) Equipment represents the largest segment, accounting for an estimated 87% in volume sales in Europe in 2008.
Major players profiled in the report include Aspect Medical System, Cadwell Laboratories, Inc, Cleveland Medical Devices, Inc., Compumedics Limited, DelSys, Inc., Electrical Geodesics, Inc., Hospira, Inc., Natus Medical, Inc., NeuroSoft Сompany, Nihon Kohden Corporation, Noraxon U.S.A., Inc., Viasys Healthcare, Inc.
The report titled "EEG/EMG/Brain Function Monitoring: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the market across two major product segments, namely Electroencephalograph Equipment, and Electromyographs/Evoked Potential Units. The report analyzes current and future projections over the period 2001-2015, while historic analytics provide a review of the industry's performance in the recent past (1996-2000). Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America. The study covers major market trends, issues, and competition and enumerates recent developments, mergers, acquisitions and other strategic industry activities.
For more details of this research report please visit http://www.strategyr.com/EEG_EMG_Brain_Function_Monitoring_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site www.StrategyR.com
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