The global subdural electrode market size is projected to reach USD 53.2 Million by 2026, thereby exhibiting a CAGR of 8.1% during the forecast period. However, the market was worth USD 28.5 Million in 2018. This information is present in a recently published report by Fortune Business Insights, titled, “Subdural electrode market Size, Share & Industry Analysis, By Type (Strip, Grid, Depth, and Others) By Material (Platinum and Stainless Steel) By End User (Hospitals, Specialty Clinics and Others) and Regional Forecast, 2019-2026.” The report provides an elaborate analysis of the evolving market dynamics. It further presents the subdural electrode market trends, growth drivers, hindrances, regional analysis, and other challenges.
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Need for Highly Accurate Methods of Locating Seizure Focus to Drive Growth
Brain Sciences, an international open-access journal, published a study in 2018. As per the study, approximately 30.0% of the patients consuming anti-epileptic medicines fail to receive desired treatment results for epilepsy seizure control. Intracranial monitoring is undertaken for locating the area of seizure in epileptic patients. Higher precision in monitoring real-time brain activities, brain mapping, and locating seizer focus are expected to propel the subdural electrode market growth during the forthcoming period.
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Key Segmentation of subdural electrode market:
Subdural Electrode Market Segments by Type
- Strip
- Grid
- Depth
- Others
Subdural Electrode Market Segments by Material
- Platinum
- Stainless Steel
Subdural Electrode Market Segments by End User
- Hospitals
- Specialty Clinics
- Others
Subdural Electrode Market Segments by Region/Country
- S.
- Europe
- Japan
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Key Players Focus on Strategic Collaborations to Expand Product Portfolio
The market consists of a limited number of companies as it is highly consolidated. The pre-existing players are concentrating on achieving maximum subdural electrode market share and creating a strong presence by expanding their reach and collaborating with other healthcare institutions. Below are two of the most recent industry developments:
- June 2019: Dixi Medical, a designer and manufacturer of medical devices, based in Chaudefontaine, announced that it has successfully collaborated with Aleva Neurotherapeutics SA, a developer of innovative active implantable devices, to open Adept Neuro SA. It is a joint venture that develops the next-generation stereo-electro-encephalo-graphie (SEEG) electrodes.
- January 2018: The Wyss Center, a neurotechnology research foundation located in Switzerland, declared that it has recently partnered up with CorTec, a producer of innovative corrosion control technologies. The main aim of this partnership is to work together on the development, research, and design of a device of long-term and persistent monitoring of the brain’s electrophysiological signals for therapeutic and clinical diagnostic applications.
Table of Content from Subdural Electrode Market
- Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1 Prevalence of Epilepsy and Other Neurological Disorders, By Key Countries, 2018
4.2 Key Industry Developments: Mergers, Acquisitions & Partnerships
4.3 Key Industry Developments – New Product Launches, Approvals, and Recalls
4.4 Regulatory Scenario, By Key Countries
4.5 Overview: Applications of Subdural Electrodes in Cranial Nerves & Others
4.6 Trends of Usage of Subdural Electrodes and Intracranial Monitoring in Epilepsy Surgery
- Global Subdural Electrode Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Material
5.2.1 Platinum
5.2.2 Stainless Steel
5.3. Market Analysis, Insights and Forecast – By Type
5.3.1 Strip
5.3.2 Grid
5.3.3 Depth
5.3.4 Others
5.4 Market Analysis, Insights and Forecast – By End User
5.4.1 Hospitals
5.4.2 Specialty Clinics
5.4.3 Others
5.5. Market Analysis, Insights and Forecast – By Country/Region
5.5.1 U.S.
5.5.2 Europe
5.5.3 Japan
5.5.4 Rest of World (RoW)
- U.S. Subdural Electrode Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis – By Material
6.2.1 Platinum
6.2.2 Stainless Steel
6.3. Market Analysis – By Type
6.3.1 Strip
6.3.2 Grid
6.3.3 Depth
6.3.4 Others
6.4. Market Analysis – By End User
6.4.1 Hospitals
6.4.2 Specialty Clinics
6.4.3 Others
- Europe Subdural Electrode Market Analysis, Insights and Forecast, 2015-2026
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