Electro-Diagnostic Devices Market Size, Share & Trends Analysis Report 2021

The Electro-Diagnostic Devices market is expected to exceed more than US$ 11 Billion by 2024 at a CAGR of 7.4% in the given forecast period.

Electro-diagnostic devices are used to diagnose the neurological diseases by recording the electrical activity of body parts or by measuring their response to evoked potentials. The medical professionals use electrophysiological techniques such as needle electromyography and nerve conduction studies to diagnose, evaluate, and treat individuals with impairments of the neurologic, neuromuscular, and/or muscular systems.

The global Electro-Diagnostic Devices market is segregated on the basis of Application as Hospitals, Clinics, Diagnostic Centers, and Others. Based on Type the global Electro-Diagnostic Devices market is segmented in Electromyogram (EMG), Nerve Conduction (NCS), Electrocardiography (ECG), Electroencephalography (EEG), Electroretinography (ERG), Electrogastrography (EGG), and Others.

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Market Research Engine has published a new report titled as “Electro Diagnostic Devices Market Size By Application (Hospitals, Clinics, Diagnostic Centers), By Type (Electromyogram (EMG), Nerve Conduction (NCS), Electrocardiography (ECG), Electroencephalography (EEG), Electroretinography (ERG), Electrogastrography (EGG)), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2018-2024.”

Increasing incidences of neuromuscular diseases such as Amyotrophic Lateral Sclerosis (ALS), muscular dystrophy, and multiple sclerosis is another factor expected to further fuel growth of the target market in the near future. Furthermore, innovative product launches and technological advancements such as advanced EEG equipment coupled with new features such as ease of handling and precision monitoring are some other factors expected to boost growth of this market over the forecast period. Moreover, growing geriatric population along with increasing risk of neuromuscular disorders is another factor expected to propel growth of the market during the forecast period. However, high installation and maintenance cost and lack of skilled professionals are major factors expected to restrain growth of Electro-Diagnostic Devices market.

The global Electro-Diagnostic Devices market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Electro-Diagnostic Devices market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Medtronic, Abbot, Boston Scientific, Siemens Healthineers, Philips Healthcare, GE Healthcare, Cardinal Health, Nihon Kohden, Noraxon USA, Compumedics, and others are among the major players in the global Electro-Diagnostic Devices market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Electro-Diagnostic Devices Market has been segmented as below:

Electro-Diagnostic Devices Market, By Application

Hospitals Clinics Diagnostic Centers Others

Electro-Diagnostic Devices Market, By Type

Electromyogram (EMG) Nerve Conduction (NCS) Electrocardiography (ECG) Electroencephalography (EEG) Electroretinography (ERG) Electrogastrography (EGG) Others

Electro-Diagnostic Devices Market, By Region

North America Europe Asia-Pacific Rest of the World

Electro-Diagnostic Devices Market, By Company

Medtronic Abbot Boston Scientific Siemens Healthineers Philips Healthcare GE Healthcare Cardinal Health Nihon Kohden Noraxon USA Compumedics

The report covers:

Global Electro-Diagnostic Devices  market sizes from 2015 to 2024, along with CAGR for 2018-2024 Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024 Global Electro-Diagnostic Devices  market trends, covering comprehensive range of consumer trends & manufacturer trends Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Electro-Diagnostic Devices  market Major market opportunities and challenges in forecast timeframe to be focused Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management Comprehensive company profiles of the key industry players

Report Scope:

The global Electro-Diagnostic Devices market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Electro-Diagnostic Devices market share. Major industry players with significant revenue share include Medtronic, Abbot, Boston Scientific, Siemens Healthineers, Philips Healthcare, GE Healthcare, Cardinal Health, Nihon Kohden, Noraxon USA, Compumedics, and others.

Reasons to Buy this Report:

Gain detailed insights on the Electro-Diagnostic Devices  industry trends Find complete analysis on the market status Identify the Electro-Diagnostic Devices  market opportunities and growth segments Analyze competitive dynamics by evaluating business segments & product portfolios Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis Executive Summary Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis Electro-Diagnostic Devices Market, By Application Electro-Diagnostic Devices Market, By Type Electro-Diagnostic Devices Market, By Geography Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others Company Profiles
9.1 Medtronic
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Abbot
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Boston Scientific
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Siemens Healthineers
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Philips Healthcare
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 GE Healthcare
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Cardinal Health
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Nihon Kohden
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Noraxon USA
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Compumedics
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments

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