This report provides exclusive insights into the COVID-19 impact on the Epilepsy Monitoring Device Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Epilepsy Monitoring Device Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Epilepsy Monitoring Device Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by
Infinium Global Research on epilepsy monitoring device market provides in-depth
analysis of segments and sub-segments in the global as well as regional
epilepsy monitoring device market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional epilepsy
monitoring device market over the short term as well as long term. The report
is a comprehensive presentation of trends, forecast and dollar values of the global
epilepsy monitoring device market. According to the report, the global epilepsy
monitoring device market is projected to grow at a CAGR of 7% over the forecast
period of 2019-2025.
Market Insight
Epilepsy monitoring device is used
to diagnose brain abnormities through different devices. According to the centers
for disease control and prevention, about 3.4 million Americans, including
470,000 children live with epilepsy. On the other hand, according to the
National Health Institute, about 35 % don’t respond to medication to control
seizures. Thereby, many devices have been launched in the last decades such as
mHealth wearable, SmartWatch Inspyre™ for the Apple Watch. mHealth wearable is
used for tracking epileptic seizures and alerts the care teams. This improves
the safety of the patient.
There are new and advanced seizure
detection devices that are being introduced in the market can increase the
growth of the market at a significant rate. For instance, in 2018, Smart
Monitor had launched the SmartWatch Inspyre™ for the Apple Watch, which uses a
unique algorithm to recognize repetitive shaking movements of the body and
sends alert to the family members as well as caregivers. On another hand,
according to the Mayo Foundation for Medical Education and Research (MFMER),
the patient suffering from epilepsy disorder can be controlled by the
medication or the surgery while some people require lifelong treatment to
control seizures. Therefore, this factor enhances the growth of this market.
Increasing government funding in the development of the new trends for epilepsy
treatment drives the growth of the market. Furthermore, genetic factors account
for around 30 % of the causes in patients with epilepsy, which can propel the
growth of the market. However, the high cost associated with the device can be
one of the major restraints to the market. Moreover, many companies focusing on
the development of the new devices as well as getting FDA approval can offer
favorable opportunities in this market.
Based on the region, the global
epilepsy monitoring device market is classified into North America,
Asia-Pacific, Europe, and the Rest of the World. Among all, North America holds
the highest market share in this market due to the availability of advanced
healthcare facilities as well as the presence of well-established healthcare
infrastructure. In addition, the average incidence of epilepsy each year in the
U.S is estimated at 150,000 or 48 for every 100,000 people. Thereby, the
growing prevalence of epilepsy in the U.S can be another factor propelling the
growth of this market in this region. On the other hand, Asia Pacific is the
fastest-growing region in this market due to the presence of a large population
with prevalence.

Segment Covered
The report on the global epilepsy
monitoring device market covers segments such as product, and end user. On the
basis of product, the sub-markets include conventional devices, and wearable
devices. On the basis of end user, the sub-markets include clinics, hospitals,
home care settings, and other end users.
Companies Profiled:
The report provides profiles of
the companies in the market such as Medtronic plc, Koninklijke Philips N.V.,
Natus Medical Incorporated, Nihon Kohden Corporation, LivaNova, PLC, St. Jude
Medical, Inc., Empatica Inc., and Boston Scientific Corporation.
Report Highlights:
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis
of epilepsy monitoring device market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.