The global electrodermal activity detecting device market is anticipated to register a high CAGR during the forecast period, 2021–2028. The market growth is attributed to the rising prevalence of extreme emotional or mental disorders among a large number of population across the globe.
Electrodermal activity detection device is a medical equipment that can detect human stress and measure sensitivity of their different emotions. This can be done as the devices measure the electrical signal recorded by electrodes applied to the skin. The device can detect the changes in electrical activity resulting from changes in sweat gland activity and is able to transmit the information to the recording device. With technological advancement, many of the modern electrodermal activity devices have silver chloride contact point in electrodes that helps effective reading about the emotional changes. Moreover, silver chloride electrodes are widely used due to several advantages such as inexpensive, safety, and accurate reading of the signal released from the skin. This device is widely employed in psychiatric medical studies and research to understand various aspects and dimensions associated with mental disorders.
The report on the global electrodermal activity detecting market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Electrodermal Activity Detecting Device Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Physiological Arousal, Psychological Arousal, Perioperative Care, and Others), Applications (Hospitals, Clinics, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Brain Signs, Srl, Eisco Labs, iMotions, Movisence, GmbH, Maxim Intregrated, PLUX wireless Biosignals S.A, Shimmer, and Venier Software and Technology, LLC. |
In terms of types, the electrodermal activity detecting market is divided into physiological arousal, psychological arousal, perioperative care, and others. The physiological arousal segment is expected to constitute a major share of the market during the rising incidence of the type of arousal and wide adoption of the device for examination of the particular emotional disorder. On the other hand, the psychological arousal segment is estimated to hold a substantial share of the market during the forecast period owing to the rise in prevalence of depression, anxiety, and stress among the adult population globally.
Based on applications, the global electrodermal activity detecting market is segmented into hospitals, clinics, and other. The hospitals segment is anticipated to account for a major share of the market during the forecast period owing to the growing demand for electrodermal activity detecting devices treatments in the hospital. The presence of specialized doctors and medical staff in hospitals as well as wide availability of advanced medical devices are some vital reasons why patients prefer hospitals. However, the clinic segment is estimated to hold a substantial share of the market during the analysis period owing to increasing installation of advanced devices and opening of specialized clinics for anxiety treatment. Easy accessibility of the treatment service by patients is another key factor that boosts the segment growth.
In terms of regions, the electrodermal activity detecting market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is projected to expand at an impressive growth rate in the coming years due to increasing numbers of patients suffering from emotional disorders in the region. Growing healthcare spending from governments present another main factor that is projected to grow the regional market. Europe is anticipated to account for a key share of the market during the forecast period 2021-2028 owing to wide awareness about benefits and safety of the devices among a large number of patients.
The global electrodermal activity detecting market has been segmented on the basis of
Major players competing in the electrodermal activity detecting market include Brain Signs, Srl, Eisco Labs, iMotions, Movisence, GmbH, Maxim Intregrated, PLUX wireless Biosignals S.A, Shimmer, and Venier Software and Technology, LLC.
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