Electroencephalography Devices Market Anticipated To Reach USD 2.39 Billion By 2030
Posted by Neha Bora on January 30th, 2023
San Francisco, 30 Jan 2023: The Report Electroencephalography Devices Market Size, Share & Trends Analysis Report By Product (32-Channel, Multi-channel), By Type (Portable Device, Standalone Device), By End-use, And Segment Forecasts, 2023 - 2030
The global electroencephalography devices market size is expected to reach a value of USD 2.39 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 10.2% from 2023 to 2030. The high prevalence of epilepsy, sleeping disorders, brain tumors, Parkinson’s disease, and stroke among other neurological disorders is a major factor anticipated to drive the growth. According to the World Health Organization (WHO), over 50 million people are affected by epilepsy; and more than 35.6 million people worldwide are suffering from Alzheimer’s disease and dementia.
In addition, growing awareness about neurological diseases and disorders in developed and developing regions is expected to boost the market. In addition, a rise in government funding for neuroscience-related R&D is contributing to market growth to a great extent. Moreover, rapidly developing healthcare infrastructure and increasing disposable income in Asian countries are projected to support the demand for advanced electroencephalography (EEG) devices and systems.
Furthermore, the introduction of technologically advanced products such as portable electroencephalography systems is expected to drive the market. Increasing focus on neuroscience, cognitive psychology, and psychophysiological research activities has led to increased demand for advanced systems.
Access Research Report of Electroencephalography Devices Market @ https://www.grandviewresearch.com/industry-analysis/electroencephalography-eeg-systems-devices-market
Electroencephalography Devices Market Report Highlights
List of Key Players in Electroencephalography Devices Market
Access Press Release of Electroencephalography Devices Market @ https://www.grandviewresearch.com/press-release/global-electroencephalography-eeg-systems-devices-market
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About the AuthorNeha Bora
Joined: September 16th, 2019
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