Global Subdural Electrodes Market Size study & Forecast, by Material( Platinum, Stainless Steel) by Type( Strip, Grid, Depth, Others), by End User(Hospitals & ASCs, Specialty Clinics, Others) and Regional Analysis, 2023-2030
Global Subdural Electrodes Market is valued approximately USD 37.4 million in 2022 and is anticipated to grow with a healthy growth rate of more than 8.6% over the forecast period 2023-2030. Subdural electrodes, also known as intracranial electrodes, are a type of neurosurgical device used to record electrical activity from the surface of the brain. These electrodes can be used for various purposes, including the evaluation and localization of epileptic seizures in patients with epilepsy The Subdural Electrodes market is expanding because of factors such as rising prevelance of epilepsy and other mental disorders and growing demand for advanced healthcare facilities..
According to World Health Organization, an estimated 5 million people are diagnosed with epilepsy each year. Additionally, epileptic patients are gradually favouring epilepsy surgery over anti-epileptic drugs (AEDs). The World Health Organisation predicts that in 2022, approximately 30.0% of anti-epileptic drug users have experience unfavorable treatment results for seizure management. As more people undergo epilepsy surgeries because of AEDs' failure to control their seizures, there would likely be an increase in the number of intracranial monitoring procedures for epilepsy. In addition, increased expansion of pipeline studies into newer application areas and rising research and development activities is creating lucrative opportunity to the market. However, lack of product awareness stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Subdural Electrodes Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the prevelance of diseases, rising technological advancement and presence of key market players in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to rising target populations, an increase in the number of collaborations for product development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.
Major market player included in this report are:CorTec GmbH
Ad-Tech Medical Instrument Corporation (Archimed)
DIXI MEDICAL (Dixi)
PMT Corporation
UNIQUE MEDICAL Co., LTD
Inomed Medizintechnik Gmbh
Integra Lifesciences Corporation
Natus Medical Incorporated
Alliance Biomedica Private Limited
Rhythmlink International Inc.
Recent Developments in the Market: In May 2022, The U.S. FDA has given the NeuroOne Medical Technologies Corporation's Evo sEEG Electrode authorization to be used for periods of time shorter than 30 days.
In May 2020, Natus Medical Incorporated and Holberg EEG AS collaborated to automate and improve the vital care given to epileptic patients around the world.
Global Subdural Electrodes Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Material, Type, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Materialofferings of key players.
The detailed segments and sub-segment of the market are explained below:By Material:
Platinum
Stainless Steel
By Type:
Strip
Grid
Depth
Others
By End User:
Hospitals & ASCs
Specialty Clinics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedCorTec GmbH
Ad-Tech Medical Instrument Corporation (Archimed)
DIXI MEDICAL (Dixi)
PMT Corporation
UNIQUE MEDICAL Co., LTD
Inomed Medizintechnik Gmbh
Integra Lifesciences Corporation
Natus Medical Incorporated
Alliance Biomedica Private Limited
Rhythmlink International Inc.
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