PUBLISHER: Acute Market Reports | PRODUCT CODE: 1149055
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1149055
Electrodermal Activity Detecting Devices Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Industry Outlook
The Electrodermal activity detecting devices market is set project promising growth at a compounded annual growth rate (CAGR) of 8.7% during the forecast period from 2021 to 2029. Electodermal activity detection is also known as galvanic skin response employs sensors for measuring and detecting human stress and different emotional activities. The important parameters assessed by employing EDA devices are arousal detection, emotional cartography, relaxation biofeedback etc.
Rising prevalence of mental disorders and increasing demand for creating novel technologies to measure sudomotor nerve activities drives the psychological arousal market growth
Electrodermal activity detecting (EDA) wearable devices are being widely employed in psychiatric medical studies to understand the various mental disorders and its early detection. Currently psychological awareness is dominating the application segment for electrodermal activity detecting devices market. Rising prevalence of mental disorders and increasing demand for creating novel technology to measure sudomotor nerve activities drives the psychological arousal market growth. The rationale behind the development of this EDA technology is to create an excellent human-machine interface to understand different emotional states and provide optimum mental health management. Under the influence of sympathetic nervous system the device measures the changes in skin conductivity by placing the electrodes at specific sites such as hand palms and feet soles etc. Physiological arousal will garner tremendous attention owing to increasing demand to understand risk perception associated with workers safety and decision making process and drastically reduce profession associated trauma and accident cases.
Existence of developed medical device industries and increasing public health awareness pertaining to electrodermal activity detecting wearable devices together drive the market growth in North America region
North America is clearly spearheading the regional segment for electrodermal activity detecting devices market representing a market share of 45%. The major criterions related to its overwhelming market growth are establishment of developed medical device industries manufacturing state of the art medical gadgets and increasing public health awareness pertaining to electrodermal activity detecting wearable devices. Europe is placed in the second position holding a share of 30% owing to the strategic collaboration between medical device companies and academic research institutes to develop technology pertaining to electrodermal activity detecting devices. European Medical Agency (EMA), has adopted a proactive role in granting early CE approval for medical devices used in medical diagnosis and monitoring mental activities. Asia Pacific currently holds 15% market share and is set to register impressive market growth during the forecast period owing to developing healthcare infrastructure and lucrative market opportunities for medical device manufacturers to establish subsidiaries.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Electrodermal Activity Detecting Devices market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Electrodermal Activity Detecting Devices market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Application
- Physiological Arousal
- Psychological Arousal
- Perioperative Care
- Others
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Electrodermal Activity Detecting Devices market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Electrodermal Activity Detecting Devices market?
- Which is the largest regional market for Electrodermal Activity Detecting Devices market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Electrodermal Activity Detecting Devices market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Electrodermal Activity Detecting Devices market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Electrodermal Activity Detecting Devices Market
- 2.2. Global Electrodermal Activity Detecting Devices Market, By Application, 2021 (US$ Million)
- 2.3. Global Electrodermal Activity Detecting Devices Market, By Geography, 2021 (US$ Million)
- 2.4. Impact of Covid 19
- 2.5. Attractive Investment Proposition by Geography, 2021
- 2.6. Competitive Analysis
- 2.6.1. Market Positioning of Key Electrodermal Activity Detecting Devices Market Vendors
- 2.6.2. Strategies Adopted by Electrodermal Activity Detecting Devices Market Vendors
- 2.6.3. Key Industry Strategies
3. Electrodermal Activity Detecting Devices Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Electrodermal Activity Detecting Devices Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Electrodermal Activity Detecting Devices Market: By Application, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Physiological Arousal
- 4.3.2. Psychological Arousal
- 4.3.3. Perioperative Care
- 4.3.4. Others
5. North America Electrodermal Activity Detecting Devices Market, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Electrodermal Activity Detecting Devices Market: By Application, 2020-2030, USD (Million)
- 5.3.Electrodermal Activity Detecting Devices Market: By Region, 2020-2030, USD (Million)
- 5.3.1.North America
- 5.3.1.1. U.S.
- 5.3.1.2. Canada
- 5.3.1.3. Rest of North America
- 5.3.1.North America
6. UK and European Union Electrodermal Activity Detecting Devices Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Electrodermal Activity Detecting Devices Market: By Application, 2020-2030, USD (Million)
- 6.3.Electrodermal Activity Detecting Devices Market: By Region, 2020-2030, USD (Million)
- 6.3.1.UK and European Union
- 6.3.1.1. UK
- 6.3.1.2. Germany
- 6.3.1.3. Spain
- 6.3.1.4. Italy
- 6.3.1.5. France
- 6.3.1.6. Rest of Europe
- 6.3.1.UK and European Union
7. Asia Pacific Electrodermal Activity Detecting Devices Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Electrodermal Activity Detecting Devices Market: By Application, 2020-2030, USD (Million)
- 7.3.Electrodermal Activity Detecting Devices Market: By Region, 2020-2030, USD (Million)
- 7.3.1.Asia Pacific
- 7.3.1.1. China
- 7.3.1.2. Japan
- 7.3.1.3. India
- 7.3.1.4. Australia
- 7.3.1.5. South Korea
- 7.3.1.6. Rest of Asia Pacific
- 7.3.1.Asia Pacific
8. Latin America Electrodermal Activity Detecting Devices Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Electrodermal Activity Detecting Devices Market: By Application, 2020-2030, USD (Million)
- 8.3.Electrodermal Activity Detecting Devices Market: By Region, 2020-2030, USD (Million)
- 8.3.1.Latin America
- 8.3.1.1. Brazil
- 8.3.1.2. Mexico
- 8.3.1.3. Rest of Latin America
- 8.3.1.Latin America
9. Middle East and Africa Electrodermal Activity Detecting Devices Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Electrodermal Activity Detecting Devices Market: By Application, 2020-2030, USD (Million)
- 9.3.Electrodermal Activity Detecting Devices Market: By Region, 2020-2030, USD (Million)
- 9.3.1.Middle East and Africa
- 9.3.1.1. GCC
- 9.3.1.2. Africa
- 9.3.1.3. Rest of Middle East and Africa
- 9.3.1.Middle East and Africa
10. Company Profile
- 10.1. BrainSigns Srl
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Portfolio
- 10.1.4. Strategic Initiatives
- 10.2. Eisco Labs
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Portfolio
- 10.2.4. Strategic Initiatives
- 10.3. iMotions
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Portfolio
- 10.3.4. Strategic Initiatives
- 10.4. movisens GmbH
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Portfolio
- 10.4.4. Strategic Initiatives
- 10.5. Maxim Integrated
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Portfolio
- 10.5.4. Strategic Initiatives
- 10.6. PLUX Wireless Biosignals S.A.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Portfolio
- 10.6.4. Strategic Initiatives
- 10.7. Shimmer
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Portfolio
- 10.7.4. Strategic Initiatives
- 10.8. Vernier Software & Technology, LLC
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Portfolio
- 10.8.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Electrodermal Activity Detecting Devices Market By Application, 2020-2030, USD (Million)
- TABLE 2 North America Electrodermal Activity Detecting Devices Market By Application, 2020-2030, USD (Million)
- TABLE 3 UK and European Union Electrodermal Activity Detecting Devices Market By Application, 2020-2030, USD (Million)
- TABLE 4 Asia Pacific Electrodermal Activity Detecting Devices Market By Application, 2020-2030, USD (Million)
- TABLE 5 Latin America Electrodermal Activity Detecting Devices Market By Application, 2020-2030, USD (Million)
- TABLE 6 Middle East and Africa Electrodermal Activity Detecting Devices Market By Application, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Electrodermal Activity Detecting Devices Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Electrodermal Activity Detecting Devices Market: Quality Assurance
- FIG. 5 Global Electrodermal Activity Detecting Devices Market, By Application, 2021
- FIG. 6 Global Electrodermal Activity Detecting Devices Market, By Geography, 2021
- FIG. 7 Global Electrodermal Activity Detecting Devices Market, By Application, 2021 Vs 2030, %
- FIG. 8 U.S. Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 9 Canada Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 10 Rest of North America Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 11 UK Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 12 Germany Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 13 Spain Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 14 Italy Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 15 France Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 16 Rest of Europe Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 17 China Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 18 Japan Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 19 India Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 20 Australia Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 21 South Korea Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 22 Rest of Asia Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 23 Brazil Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 24 Mexico Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 25 Rest of Latin America Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 26 GCC Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 27 Africa Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
- FIG. 28 Rest of Middle East and Africa Electrodermal Activity Detecting Devices Market (US$ Million), 2020 - 2030
