A dramatic rise in head injuries, head injuries, and the prevalence of brain cancer has put forth the need for effective treatment methods. Furthermore, cases of epilepsy have been increasing at an alarming pace, over the past few years. The World Health Organization reported that more than 50 million individuals across the globe are living with epilepsy. This has created a favourable scenario for the holistic expansion of the epilepsy devices market. Major technological breakthroughs in the medical domain and growing product approvals from concerned authorities are further boosting the market growth. Such trends have incented the key players in the market, encouraging substantial investments in research and development and the launch of new epilepsy devices for children. All these factors are poised to bolster the growth prospects of the global epilepsy devices market throughout the projection timeframe.

 

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Rise in Prevalence of Brain Tumours to Stimulate Epilepsy Devices Market Growth

 

According to the National Centre for Biotechnology Information, brain tumours are among the leading causes of epilepsy. Oftentimes, individuals who suffer from brain tumours are likely to experience epilepsy, creating significant inroads for the epilepsy devices market. Additionally, International League Against Epilepsy highlights diseases, such as encephalitis, meningitis, and neurocysticercosis, affect the central nervous system and are capable of causing epilepsy and acute symptomatic seizures. Against this backdrop, disorders related to brain and head injuries have become a fundamental concern for the individuals, straining them financially and mentally. Consequently, the rising prevalence of brain tumours and head injuries is assuring influential growth across the epilepsy devices market.

 

Conventional Devices to Make Significant Contributions to Epilepsy Devices Market

 

Growing awareness apropos to the essentiality of monitoring epilepsy has triggered the worldwide demand for epilepsy devices. Among distinctive devices for epilepsy treatment, conventional devices have gained excellent prominence. Underpinning this is the growing need to bring down the cases of Sudden Unexpected Death in Epilepsy (SUDEP) and the increased prevalence of epilepsy. To this end, healthcare facilities, including clinics and hospitals, are extensively leveraging conventional epilepsy devices for consistent monitoring of patient's health. Precise diagnoses relevant to the type of seizure have amplified the adoption of conventional devices among physicians. On the whole, growing sales of and demand for conventional devices are setting the stage for a robust expansion of the epilepsy devices market.

 

Growing Incidences Neurological Diseases of Create Headways for Market Expansion in North America

 

During the projection period, North America is expected to place itself on a steady growth trajectory. The market in the region is majorly driven by mounting incidences of neurological diseases, creating demand for epilepsy devices. Various macro factors such as well-established healthcare infrastructure, rise in GDP per capita income, and economic growth are upholding the region’s market growth. In addition to this, a favourable ecosystem backed by strong government support and the presence of major market players is also adding to the market valuation.

 

Prominent Market Players

 

Some of the competitive players operating in the global epilepsy devices market include Medpage Limited, Cadwell Industries, Emlift Corporation, LivaNova Plc, Boston Scientific Corporation, Abbott Laboratories, Natus Medical Incorporated, Medtronic Plc, and Masimo Corporation.

 

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