Feb 25, 2020 (KD Market Insights via COMTEX) -- Electroencephalography Equipment Market by Product (EEG equipment, and EEG Accessories), Application (Disease Diagnosis, Sleep Monitoring, Anesthesia Monitoring Trauma & Surgery and Others), and End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Research Laboratories, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2026
The Global Electroencephalography Equipment Market is estimated to grow at a CAGR of 4.5% during the forecast period 2019-2026. As per the analysis, the market was accounted $1,403 million in the year 2018, and is expected to reach $1,999 million by the end of the year 2026. The market is majorly driven by high incidence of neurological disorders worldwide. For instance, according to the Alzheimer's Association, ~5.7 million people were living with Alzheimer's in the year 2018 in America, which is expected to increase at substantial rate, and estimated that by the year 2050, more than half the population above the age of 65 years will suffer from dementia.
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