The Epilepsy Device Market Size was valued at USD 1.65 billion in 2023 and is expected to reach USD 3.02 billion by 2031 and grow at a CAGR of 8.9% over the forecast period 2024-2031.
Epilepsy is characterized by a sudden and uncontrollable electrical disruption in the brain. It alters the level of feelings, consciousness, movement, and behaviour. Many different forms of epilepsy exist around the world, with varied degrees of severity. Epilepsy types are determined by where and how they begin in the brain. Almost all epilepsy lasts between 30 seconds and 2 minutes.
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When epilepsy lasts more than five minutes, medical assistance must be summoned. Epilepsy can develop after a closed head injury, meningitis, or a stroke.
The primary aetiology of epilepsy is unknown. Computed tomography devices, implanted advisory system devices, electromyography machines, magnetic resonance imaging (MRI) devices, and EEG machines are among the most commonly utilised epilepsy detection equipment. If epilepsy is not treated, it frequently results in loss of coordination, vomiting, and nausea.
KEY DRIVERS:
Epilepsy is becoming more common in the elderly population.
Increased occurrences of brain damage as a result of car accidents
RESTRAINTS:
In developing countries, there is a lack of public awareness and availability of epilepsy equipment.
Epilepsy is a chronic neurological illness that can affect persons of any age.
OPPORTUNITY:
In the future, emerging markets such as Asia-Pacific are likely to boost the industry.
Increased R&D activities related to the use of wearable epilepsy monitoring devices are expected to drive market expansion in the predicted years.
CHALLENGES:
The lack of information for safe device handling, as well as the adverse effects and problems related with this technology, impede market expansion.
The expansion of the epilepsy devices industry is further aided by tissue damage caused by surgery and brain tumours.
The demand for medical supplies to care for the afflicted population has increased. Respiratory care devices, such as atomizers, life support machines, oxygen generators, and monitors, are widely utilised in primary clinical care. Furthermore, COVID-19 has resulted in a significant increase in demand for medical goods such as personal protective equipment such as masks, gloves, and protective eyeglasses. Increased demand for medical supplies, both from healthcare professionals and the general public, has significantly contributed to market growth, leading to an increase in the number of COVID-19 cases worldwide.
Manufacturers of these items have the chance to capitalise on increased demand for medical supplies in order to provide a sufficient and constant supply of personal protective equipment in the market. As a result, COVID 19 is projected to have a substantial impact on the market for epilepsy products.
Conventional devices are electroencephalogram (EEG) devices used for continuous patient monitoring. According to WHO, the most accurate predictors of seizure recurrence are good aetiology documentation and an abnormal EEG pattern. As a result, there is a high need for EEG devices used to monitor epileptic patients.
Watches, wristbands, camera devices, mattress gadgets, anti-suffocation pillows, and other wearable devices have been subdivided into the wearable devices section. Seizures can cause symptoms that range from person to person. Despite the fact that there is no quick means to stop a seizure, rapid advances in wearable epileptic device technology have garnered significant popularity in recent years. The vast majority of patients are currently being treated using implanted devices. The FDA has approved three forms of neuromodulation therapy that are achieved through the use of implantable epilepsy devices: vagus nerve stimulation (VNS), deep brain stimulation (DBS), and responsive neurostimulation (RNS).
Vagus Nerve Stimulation (VNS) is an FDA-approved treatment for adults and children who have refractory or medication-resistant epilepsy. It is a neuromodulation technique that uses moderate electrical pulses to send to the brain via the vagus nerve.
Deep Brain Stimulation (DBS) is used when medications no longer work for the patient and is intended to alter how the brain works by sending electrical stimulations to the brain areas implicated in epilepsy.
Accelerometry is a technology that aids in the detection of seizures caused by irregular movements and motor phenomena. Accelerometers are widely employed in wearable epilepsy devices to aid in the identification of seizures.
There are also wireless accelerometry solutions that can be used as an alternative to traditional EEG for seizure detection because they allow the patient to walk around.
Responsive Neurostimulation (RNS) is a groundbreaking surgical approach for treating medication-resistant seizures. A neurostimulator is implanted beneath the scalp and within the skull, and it is linked to two electrodes placed on the brain's surface, within the brain, or a mix of the two.
Electrocardiography measures the electrical activity of the heart. To accomplish this, electrodes are attached to the arms, legs, and chest. These electrodes detect electrical signals from the heart. An EKG just collects electrical impulses and does not emit any electrical signals, therefore it does not cause any harm to the patient.
In general, video detection systems work in tandem with EEG monitoring VEM (Video EEG Monitoring) to simultaneously capture a patient's behaviour and electrical activity in the brain (EEG). It is accomplished by the use of specialised equipment that records EEG, video, and sound onto a computer for analysis.
Electrodermal activity (EDA) is a useful sign for detecting epilepsy.
Seizure prediction could be clinically useful in epilepsy patients since it would increase safety and independence while also allowing for quick treatment. It is feasible to predict seizures with implanted advisory devices.
Other epilepsy diagnosis and prediction methods include External Trigeminal Nerve Stimulation (ETNS), High-Density EEG, Computerized Tomography (CT) scan, Magnetic resonance imaging (MRI), and Positron Emission Tomography (PET) scans.
Because of the availability of epilepsy gadgets and patients' propensity to visit hospitals and clinics, hospitals and clinics are predicted to rise significantly during the projection period. Furthermore, the progressive increase in the number of government and private hospitals around the world is fueling the expansion of this market.
Epilepsy diagnosis and monitoring necessitate complex and modern technologies, as well as skills to appropriately interpret the results and give appropriate therapy. Demand for neurology facilities for epilepsy diagnosis and treatment is driven by medical knowledge and advanced instruments such as EEG, MRI, and SPECT machines housed under one roof. Other end users of epilepsy devices include ambulatory surgery facilities, rehab centres, and nursing homes.
by End User
Hospitals
Neurology Centers
Others
by Product Type
Wearable Devices
Conventional Devices
Implantable Devices
by Technology
Vagus Nerve Stimulation
Responsive Neurostimulation
Deep Brain Stimulation
Accelerometry
by Epilepsy Detection & Prediction Devices
Electroencephalogram
Intracranial EEG
Surface Electromyography
Electrodermal Activity
Electrocardiography
Video Detection Systems
Implanted Advisory Systems
Others
Because of the huge number of enterprises operating in the region, North America is expected to have the largest share of the worldwide epilepsy devices market. Furthermore, government backing is projected to be critical in propelling the sector ahead. The worldwide epilepsy market will also experience significant increase as a result of rising healthcare expenditure and disease prevalence in the region.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Boston Scientific Corporation, Koninklijke Philips N.V, Compumedics Ltd., Cerbomed GmbH, Neuropace Inc., Medtronic Plc., Nihon Kohden Corporation, St. Jude Medical, Inc., Natus Medical Incorporated, Medpage Ltd, Liva Nova, MC10, Empatica Inc. and others.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 1.65 Billion |
| Market Size by 2031 | US$ 3.02 Billion |
| CAGR | CAGR of 8.9% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by End User (Hospitals, Neurology Centers, and Others) • by Product Type (Wearable Devices, Conventional Devices, and Implantable Devices) • by Technology (Vagus Nerve Stimulation (VNS), Responsive Neurostimulation, Deep Brain Stimulation, and Accelerometry), Epilepsy Detection & Prediction Devices (Electroencephalogram (EEG), Intracranial EEG, Surface Electromyography (sEMG), Electrodermal Activity (EDA), Electrocardiography (EKG), Video Detection Systems, Implanted Advisory Systems, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Boston Scientific Corporation, Koninklijke Philips N.V, Compumedics Ltd., Cerbomed GmbH, Neuropace Inc., Medtronic Plc., Nihon Kohden Corporation, St. Jude Medical, Inc., Natus Medical Incorporated, Medpage Ltd, Liva Nova, MC10, Empatica Inc. |
| Key Drivers | • Epilepsy is becoming more common in the elderly population. • Increased occurrences of brain damage as a result of car accidents |
| RESTRAINTS | • Epilepsy is a chronic neurological illness that can affect persons of any age. |
Ans: The Epilepsy Device Market Size was valued at USD 1.52 billion in 2022.
Ans: Epilepsy is characterized by a sudden and uncontrollable electrical disruption in the brain. It alters the level of feelings, consciousness, movement, and behavior.
The lack of information for safe device handling, as well as the adverse effects and problems related to this technology, impede market expansion.
The expansion of the epilepsy devices industry is further aided by tissue damage caused by surgery and brain tumors.
Ans: North America region is dominating the Epilepsy Device Market.
Epilepsy is becoming more common in the elderly population.
Increased occurrences of brain damage as a result of car accidents
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Epilepsy Device Market, by End User
8.1 Hospitals
8.2 Neurology Centers
8.3 Others
9. Epilepsy Device Market, by Product Type
9.1 Wearable Devices
9.2 Conventional Devices
9.3 Implantable Devices
10. Epilepsy Device Market, by Technology
10.1 Vagus Nerve Stimulation
10.2 Responsive Neurostimulation
10.3 Deep Brain Stimulation
10.4 Accelerometry
11. Epilepsy Device Market, by Epilepsy Detection & Prediction Devices
11.1 Electroencephalogram
11.2 Intracranial EEG,
11.3 Surface Electromyography
11.4 Electrodermal Activity
11.5 Electrocardiography
11.6 Video Detection Systems
11.7 Implanted Advisory Systems
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Nihon Kohden Corporation
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 St. Jude Medical, Inc.
13.3 Liva Nova
13.4 MC10
13.5 Boston Scientific Corporation,
13.6 Koninklijke Philips N.V
13.7 Medpage Ltd
13.8 Cerbomed GmbH
13.9 Compumedics Ltd.
13.10 Natus Medical Incorporated
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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