MAGNETOENCEPHALOGRAPHY DEVICES MARKET ANALYSIS
Magnetoencephalography Devices Market- Regional Insights
On the basis of region, the global magnetoencephalography devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global magnetoencephalography market owing to presence of key players in the U.S. such as Advanced Brain Monitoring Inc., Cadwell Laboratories Inc., CAS Medical Systems, DePuy Synthes Companies, Electrical Geodesics, Inc., and HeadSense Medical, Inc. Among region, Europe accounts for the second largest market share owing to technological advancements in MEG. For instance, in November 2017, Leti, a France-based technology research institute, developed a next-generation MEG scanning system, wearable brain scanner or MEG helmet for improved diagnosis of epilepsy and brain tumor.
Asia Pacific is the fastest growing region in the magnetoencephalography market owing to increasing incidence of mental health disorders which requiring diagnosis and treatment. According to the World Health Organization’s (WHO) report, in 2016, China, India, Indonesia, Bangladesh, and Pakistan recorded the highest incidence of anxiety and depression.
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