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Disposable EEG Electrode Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: November 2024 || SKU: MD4394
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Disposable EEG Electrode Market is Segmented By Product(Patch Electrodes, Needle Electrodes, Cup Electrodes, Disk Electrodes, Others), By Application (Diagnostic, Therapeutic), By End-user(Hospitals, Clinics, Ambulatory Surgical Centers, Neurology Centers, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Market Overview

Disposable EEG Electrode Market is estimated to reach a CAGR 3.6% during the forecast period (2024-2031). 

An electroencephalogram (EEG) is a test that uses small metal discs (electrodes) connected to the scalp to detect electrical activity in the brain. Electrical impulses are used by brain cells to communicate, and they are active all the time, even while the patient is sleeping.

 

Market Summary

MetricsDetails
Market CAGR3.6%
Segments CoveredBy Product, By Application, By Form, By Application, and By Region
Report Insights CoveredCompetitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.
Fastest Growing RegionAsia Pacific
Largest Market Share North America

 

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Market Dynamics

The increasing prevalence of brain surgery is expected to grow in the market.

According to the National Tumour Society, Brain tumors can be deadly and significantly impact the quality of life. It is estimated that 700,000 people in the United States live with a primary brain tumor, and brain tumors account for 85% to 90% of all primary central nervous system (CNS) tumors. About 3,460 children under 15 are diagnosed with a brain or CNS tumor, and approximately 85,000 more will be diagnosed in 2021. Approximately 70% of all brain tumors are benign, and 30% of brain tumors are malignant. Therefore, increasing brain surgeries will increase the demand for disposable EEG electrodes in the forecast period.

In the forecast period, the market is expected to be driven by the rising prevalence of neurological disorders, the rise in hospital-acquired infections due to reusable EEG electrodes, the increase in the geriatric population, and the increase in hygienic practices, technological advancements, and product launches by market players.

Increasing alternatives for disposable EEG electrodes is expected to hamper the market's growth.

Reusable EEG medical electrodes are used as alternates for disposable EEG electrodes because they provide many benefits, including low cost, durable, flexible, and lightweight. For instance, Genuine Grass Reusable Cup EEG Electrodes from Natus Medical Incorporated have been thoroughly structurally and electrically tested to ensure long life and excellent recording clarity and dependability. These reusable electrodes can be sterilized using steam or EtO, limiting the risk of infection and cross-contamination. These electrodes' cups are composed of gold or silver.

COVID-19 Impact Analysis

During the Covid-19 pandemic, government limitations limited health care to urgent needs. As a result, neurophysiology centers had to suddenly reschedule their activities, lacking specific electroencephalography (EEG) execution recommendations. Nationwide lockdowns and social distancing measures have reduced patient visits significantly; this led to reduced sales of disposable EEG electrode products. Moreover, laboratory closures and decreased clinical testing have reduced the market.

For instance, Italian neurophysiology centers firmly adhered to government restrictions of lockdown. Nevertheless, some issues emerged, ranging from evaluating a proper indication for EEG, EEG recording technical procedures, and neurophysiology technicians' protection, which could negatively impact market growth.

Market Segment Analysis

Needle electrode segments are expected to hold the largest share in the global disposable EEG electrode market.

In 2020, the needle electrode segment accounted for the highest market share. Disposable needle EEG electrodes are used for direct cortical recordings, and it is an invasive procedure. Before recording, skin preparation decreases skin impedance to better electrical conductivity between the skin surface and electrodes. Moreover, these electrodes are miniaturized to <10 µm to reduce tissue damage, and the small geometry of the electrodes causes degradation of the electrical properties. Therefore, its invasive procedure has increased the demand for the needle EEG electrodes in the forecast period.

Market Geographical Share

North America region holds the largest market share of the global disposable EEG electrode market.

In 2020, North America accounted for the highest revenue share. The increasing prevalence of depression and Obsessive-Compulsive Disorder (OCD), advancements in technology, increase in awareness about neurological diseases, rise in demand for minimally invasive procedures in the region are expected to boost the market in the forecast period. For instance, According to the Anxiety and Depression Association of America, anxiety disorder is one of the most common mental illnesses in the United States, affecting around 40 million individuals annually, or 18.1 percent of the country's entire population. In addition, more than 16.1 million persons in the United States suffer from severe depressive illness each year, with women having a higher prevalence than males. Furthermore, NeuroWave Systems Inc. has specifically designed the EasyPrep electrodes are proprietary disposable EEG electrodes for NeuroWave's brain monitoring technologies. The electrodes ensure the acquisition of high-fidelity micro-volt EEG signals and facilitate rapid and easy use even by non-specialists. Therefore, it has increased the demand for disposable EEG electrodes in the forecast period.

Market Competitive Landscape

Major key players in the Medtronic PLC, CONMED Corporation, Natus Medical Incorporated, Brain Scientific, Inc., Ambu A/S, BIOPAC Systems Inc.,  ShenzhenBesdata Technology Co., Ltd., and Melson Medical Corporation Limited. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which contribute to the growth of the Global Disposable EEG Electrode market. For instance, Brain Scientific Inc. opened an online store in April 2020 to sell sanitized FDA-approved NeuroCap and NeuroEEG. This expands the company's customer base.

Shenzhen Besdata Technology Co., Ltd.:

Overview:

Shenzhen Besdata Technology Co., Ltd. was established in 2016, resided in China. For many years, the company has been focused on the Anesthesia intubation video laryngoscope, video rigid stylet for difficult airways. These are frequently used in anesthesiology, respiratory department, ICU, NICU, first-aid, and emergency room. In addition, the company offers EEG/ECG/PSG accessories such as EEG electrode cap, cup electrode for gold coated, pure silver, and sintered, snap cable, ear clip, snore sensors, flow sensor, as well as innovative and valuable tools such as video double-lumen tube, illuminating retractor for general surgery, and 7" monitor intubation disposable series devices.

Product Portfolio:

Standard Cup Disposable Silverdisposable Silver/Silver Chloride EEG Electrodes, DiposableAgcl Chloride Standard Cup EEG Electrodes, and others.

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FAQ’s

  • Key players are Medtronic PLC, CONMED Corporation, Natus Medical Incorporated, Brain Scientific, Inc., Ambu A/S, BIOPAC Systems Inc.,  ShenzhenBesdata Technology Co., Ltd., and Melson Medical Corporation Limited.

  • Disposable EEG Electrode Market is estimated to reach a CAGR 3.6% during the forecast period 2024-2031
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