The global epilepsy monitoring devices market size was USD 484.6 Million in 2021 and is expected to register a rapid revenue CAGR of 4.5% during the forecast period. The global epilepsy monitoring devices market is expected to grow at a significant rate in the coming years, owing to the rising prevalence of epilepsy and the increasing demand for non-invasive diagnostic procedures. Epilepsy is a neurological disorder characterized by recurrent seizures that can significantly impact a person's quality of life. According to the World Health Organization (WHO), epilepsy affects approximately 50 million people worldwide, with 80% of these individuals residing in low- and middle-income countries.
The growing incidence of epilepsy is one of the major drivers of the epilepsy monitoring devices market. In addition, the increasing availability of advanced technologies for diagnosis and treatment is also fueling market growth. For instance, the development of wireless technology and the miniaturization of sensors has enabled the production of portable and easy-to-use epilepsy monitoring devices, which are becoming increasingly popular among patients.
The research report on the Epilepsy Monitoring Devices market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Epilepsy Monitoring Devices business sphere.
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Competitive Terrain:
The global Epilepsy Monitoring Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
SK Biopharmaceuticals, UCB S.A., Novartis AG, GSK Plc, Pfizer Inc., Eisai Co, Ltd., Angelini Pharma, Indoco Remedies Ltd, Sun Pharmaceuticals Industries Ltd., and Abbott
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