Electromyography Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Electromyography Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Electromyography Device Trends and Forecast

The future of the global electromyography device market looks promising with opportunities in the clinic and hospital markets. The global electromyography device market is expected to grow with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing prevalence of neuromuscular diseases, rising demand for minimally invasive surgical techniques, and technological advancements.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electromyography Device by Segment

The study includes a forecast for the global electromyography device by product, study type, end use, and region.

Electromyography Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Stationary EMG Systems
• Portable EMG Systems

Electromyography Device Market by Study Type [Shipment Analysis by Value from 2018 to 2030]:

• Nerve Conduction
• Needle Electrode Examination

Electromyography Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Clinics
• Hospitals
• Others

Electromyography Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electromyography Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electromyography device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electromyography device companies profiled in this report include-

• Medtronic
• Nihon Kohden
• Compumedics
• Natus Medical
• Noraxon
• Cadwell Industries
• Cometa

Electromyography Device Market Insights

Lucintel forecasts that stationary EMG system is expected to witness the higher growth over the forecast period due to the rise in the frequency of neuromuscular disorders and the development of new technologies for these devices.

Within this market, hospital will remain the largest segment due to rise in hospital admissions of patients as well as the presence of skilled medical personnel in hospitals.

APAC is expected to witness highest growth over the forecast period due to the rise in the purchasing power of emerging countries like China and India and presence of firms that manufactures electromyography devices in the region.

Features of the Global Electromyography Device Market

Market Size Estimates: Electromyography device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electromyography device market size by product, study type, end use, and region in terms of value ($B).

Regional Analysis: Electromyography device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, study types, end uses, and regions for the electromyography device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electromyography device market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for electromyography device market?

Answer: The global electromyography device market is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the electromyography device market?

Answer: The major drivers for this market are increasing prevalence of neuromuscular diseases, rising demand for minimally invasive surgical techniques and technological advancements.

Q3. What are the major segments for electromyography device market?

Answer: The future of the electromyography device market looks promising with opportunities in the clinic and hospital markets.

Q4. Who are the key electromyography device market companies?

Answer: Some of the key electromyography device companies are as follows:

• Medtronic
• Nihon Kohden
• Compumedics
• Natus Medical
• Noraxon
• Cadwell Industries
• Cometa

Q5. Which electromyography device market segment will be the largest in future?

Answer: Lucintel forecasts that stationary EMG system is expected to witness the higher growth over the forecast period due to the rise in the frequency of neuromuscular disorders and the development of new technologies for these devices.

Q6. In electromyography device market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the rise in the purchasing power of emerging countries like China and India and presence of firms that manufactures electromyography devices in the region.

Q.7 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electromyography device market by product (stationary EMG systems and portable EMG systems), study type (nerve conduction and needle electrode examination), end use (clinics, hospitals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Please note: It will take 2-3 business days to deliver the report upon receipt the order.