Overview:
Magnetoencephalography (MEG) is a medical test that measures the magnetic fields produced by the brain’s electrical currents. It is performed to map brain function and to identify the exact location of the source of epileptic seizures. MEG is used to diagnose dementia, brain tumor, stroke, schizophrenia, and epilepsy, among others. MEG has proven to be an effective method for the diagnosis of epilepsy as MEG tests have high sensitivity to small neuronal population in the neocortical region. According to the report published in June 2017 by the National Center for Biotechnology Information, around 30% of epileptic patients responding to neurosurgical treatment require non-invasive brain imaging such as MEG.
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Drivers:
Introduction of technologically advanced MEG systems by key players is expected to augment growth of the magnetoencephalography devices market over the forecast period. For instance, in July 2017, Scientists at the University of Nottingham and University College London (UCL) worked together to revolutionize the world of the human brain imaging. To develop MEG, the team 3D printed a prototype helmet that can quadruple the sensitivity of current MEG devices.
Restraints:
Increasing preference for Positron emission tomography (PET) scanning computerized axial tomography (CT) scanning, and magnetic resonance Imaging (MRI) scanning is expected to hinder growth of the magnetoencephalography devices market. For instance, according to the report published in March 2018 by the Journal of the American Medical Association, Japan had 52 MRI scanners and 107 scanners per million people respectively. The U.S. had 38 MRI scanners (the second largest) and 41 CT scanners (third largest).
Regional Insights:
North America, Europe, and Asia Pacific are expected to witness robust growth in the global magnetoencephalography devices market due to the high prevalence of mental health disorders, technological advancements in MEG, and the presence of key players in these regions.
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According to the World Health Organization (WHO), India, China, Bangladesh, Indonesia, and Pakistan recorded the highest incidence of anxiety and depression in 2016.
For instance, in November 2017, Leti developed a wearable magnetoencephalography scanner for improved diagnosis of epilepsy and brain tumor.
Competitive landscape:
Key players active in the global magnetoencephalography devices market are Ricoh Company, Ltd., Croton Healthcare, Compumedics Limited, and CTF MEG International Services LP.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Magnetoencephalography Devices Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Magnetoencephalography Devices Industry Impact
Chapter 2 Global Magnetoencephalography Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Magnetoencephalography Devices (Volume and Value) by Type
2.3 Global Magnetoencephalography Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Magnetoencephalography Devices Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Magnetoencephalography Devices Market Analysis
Chapter 6 East Asia Magnetoencephalography Devices Market Analysis
Chapter 7 Europe Magnetoencephalography Devices Market Analysis
Chapter 8 South Asia Magnetoencephalography Devices Market Analysis
Chapter 9 Southeast Asia Magnetoencephalography Devices Market Analysis
Chapter 10 Middle East Magnetoencephalography Devices Market Analysis
Chapter 11 Africa Magnetoencephalography Devices Market Analysis
Chapter 12 Oceania Magnetoencephalography Devices Market Analysis
Chapter 13 South America Magnetoencephalography Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Magnetoencephalography Devices Business
Chapter 15 Global Magnetoencephalography Devices Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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