Reportstack is one of the largest online libraries of market research publications. We are the fastest growing and most preferred provider of business intelligence in the market today. We partner with the world's top publishers and research houses to bring to you expert analysis, accurate data and market information along with the best customer support and user experience. For more details, please visit www.reportstack.com
Saturday, 20 May 2017
Market Review on Australia Electroencephalogram Monitoring and Diagnostics 2017
Australia Market Report for Electroencephalogram Monitoring and Diagnostics 2017 - MedCore is a new market research publication announced by Reportstack.
General Report Contents• Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends • Market Drivers & Limiters for each chapter segment • Competitive Analysis for each chapter segment • Section on recent mergers & acquisitions The EEG market is made up of clinical EEG monitors, long-term EEG monitors, and ICU monitors. Clinical EEG monitoring equipment represented the single largest segment followed by long-term EEG monitors and ICU EEG segments.
Presently, the clinical EEG market accounts for the majority of the diagnostic EEG market revenue. However, over the forecast period the long-term monitoring segment will strengthen further to represent a larger share of the total market, eating away at the market share of clinical EEG monitors. This shift is driven in part by the high costs associated with the feature loaded monitor configurations utilized in non-routine settings. Furthermore, the deployment of new, high-end technologies, including source imaging and dense array EEG, in addition to expanded applications for EEG will facilitate further revenue growth across these developing EEG device markets. Future growth within the total EEG market is attributable to a number of factors: Patient outcome benefits resulting from earlier EEG-based detections and interventions are being realized and will drive greater EEG use, particularly in the context of epilepsy monitoring. Expansion of signal interpretation services and technological advancements improving usability will make EEG diagnostics more accessible and increase adoption in both acute and sub-acute care settings. Finally, the aging population and increase in the prevalence of neurological and mental disorders will prompt an expansion of EEG procedural volumes. The diagnostic EEG market has been expanding significantly with revenue growth driven largely by the ICU monitor, long-term monitor, and, to a lesser extent, clinical EEG segment since this market is already mature and will not be very active outside of replacement-driven sales.