According to FutureWise analysis the market for seeg depth electrodes in 2023 is US$ 12.42 million, and is expected to reach US$ 16.38 million by 2031 at a CAGR of 3.50%.
SEEG (stereo electroencephalography) is an invasive surgical procedure used to identify the area in the brain where epileptic seizures begin. Doctors implant electrodes in specific brain locations, which are then monitored to determine where the seizure originated. It can be better localized at the time of seizure onset, allowing for surgical excision and a better seizure outcome. The approach employs stereotactic implantation of numerous depth electrodes to record cortical and subcortical areas without requiring extensive craniotomies. Despite the fact that SEEG is based on stereotactic principles, the term "stereo" in this context means the three-dimensional nature of SEEG recording. To reduce the complications, the intracerebral electrode insertion strategy is tailored for each patient based on previously collected clinical, electrical, and anatomic data.
Also, the development of novel technologies using conventional SEEG procedures has increased the demand for SEEG depth electrodes. Examples of contemporary technologies that are accelerating market growth include three-dimensional angiography, magnetic resonance imaging (MRI), enhanced multimodal design, and robot-assisted insertion. The clinical application of SEEG and diagnostic methods have been upgraded to minimise complexity and enhance safety due to the combination of robotic help and powerful computing capability.
The feasibility of interpreting brain activity associated with motor and sensory events utilizing minimally invasive techniques and electrodes is demonstrated by SEEG depth electrodes. According to ECoG recordings, brain signals generated by SEEG electrodes are largely phasic (transient), even during prolonged motor tasks. The adoption of SEEG depth electrodes is primarily driven by a minimally invasive procedure that allows electrodes to be inserted into the brain without extensive skull surgery. SEEG has been used more extensively in Europe for many years, but it has recently gained popularity in North America, particularly with the increased use of minimally invasive procedures. Increased use of SEGG in different regions is expected to boost the growth of the SEGG depth electrodes market. The accuracy and safety of electrode implantation have increased due to the application of more advanced technologies, such as the acquisition of three-dimensional angiography and magnetic resonance image (MRI) in frameless conditions, developed multimodal planning, and robot-assisted implantation. One of the key factors contributing to SEEG depth electrodes' rising popularity is the fact that they are less problematic than other techniques for implanting electrodes into the brain. Manufacturers can design SEGG electrodes using more advanced technology to increase the revenue of this target market in near future.
FutureWise Market Research has published a report that provides an insightful analysis of SEGG depth electrodes market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the SEGG depth electrodes market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.