Subdural Electrodes Market Size Worth $ 62.98 Million By 2032 | CAGR: 8.0%

The global subdural electrodes market size is expected to reach USD 62.98 million by 2032, according to a new study by Polaris Market Research. The report “Subdural Electrodes Market Share, Size, Trends, Industry Analysis Report, By Material (Platinum and Stainless Steel); By Type; By Ed User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid increase in the prevalence of several types of neurological disorders, including brain tumors, epilepsy, and neurodegenerative diseases all over the world, which often requires innovative therapeutic solutions and precise diagnostic incorporated with subdural electrodes for better intervention and accurate monitoring, are among the factors influencing the growth of the market.  

• For instance, according to a report by the American Brain Tumor Association, the number of people diagnosed with a primary brain tumor in 2021 was over 84,000. Not only this, more than 28,000 children in the U.S. are diagnosed with brain tumors.

In addition, subdural electrodes are being widely used in neuroscience research and also to study various functions of the brain and their connectivity. As, they allow researchers to gain various insights about the various underlying cognitive processes, motor control, and sensory perception by recording the electrical activity from specific brain regions.

Furthermore, there has been a drastic shift towards the adoption and incorporation of hydrogel-based electrodes over conventional electrodes worldwide due to their numerous advantageous characteristics, including moderate stiffness and greater operability of PVA substrate, among others, that is likely to have a positive impact on the market’s growth over the coming years.

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Moreover, there is a growing proliferation worldwide regarding the integration of artificial intelligence and other advanced technologies in the analysis of these electrodes, which could enhance the efficiency as well as the accuracy of diagnostics due to their ability to allow clinicians to identify specific regions of patient interest and also optimizing treatment plans according to their conditions.

In addition, the growing trend towards the miniaturization and rapid development of biocompatible materials, which are widely known to reduce the invasiveness of procedures, improve overall patient comfort, and help enhance implantation outcomes, is anticipated to open up significant growth opportunities for the market.  

Subdural Electrodes Market Report Highlights

• The platinum segment accounted for a notable market share, mainly due to its benefits over other material types, including higher electrical conductivity and better compatibility.
• The depth segment led the industry market with a substantial share on account of its growing use to offer improved patient comfort and enhanced brain mapping.
• The hospitals & ASCs segment will grow at the fastest pace, which is largely attributable to the growing focus among healthcare institutions toward the incorporation of advanced medical technologies like subdural electrodes.
• North America dominated the global market with a considerable share, owing to the rising epileptic patient pool and the presence of well-established healthcare infrastructure.
• The key market players include DIXI Medical, Natus Medical Incorporated, Nihon Kohden Corporation, Unique Medical Co., CorTech GmbH, and Abbott Laboratories.

Polaris Market Research has segmented the subdural electrodes market report based on material, type, end user, and region:

Subdural Electrodes, Material Outlook (Revenue - USD Million, 2023 - 2032)

• Platinum
• Stainless Steel

Subdural Electrodes, Type Outlook (Revenue - USD Million, 2023 - 2032)

• Strip
• Grid
• Depth
• Others

Subdural Electrodes, End User Outlook (Revenue - USD Million, 2023 - 2032)

• Hospitals & ASCs
• Specialty Clinics
• Others

Subdural Electrodes, Regional Outlook (Revenue - USD Million, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Subdural Electrodes Market Report Scope