Description
The Electroencephalography (EEG) devices market was valued at USD 1,025.92 million in 2021, and It is reaching USD 1,699.52 million by 2028, with expected to grow at a CAGR of 7.5% during the forecast period of 2022 to 2028. The market is pushed by the increasing prevalence of neurological disorders like epilepsy and sleep disorders, rise in the rate of road traffic injuries, rise in the number of skilled physicians and rise in self-care for these disorders—neurological disorders such as Dementia Alzheimer’s disease is majorly seen in older or aged population. According to World Health Organization, by 2020, the number of people aged 60 or older will increase the number of children younger than five years. The speed of population aging globally is growing every year; by 2050, people above 60 years are expected to reach 2 billion. It will enhance the demand for Electroencephalography devices.
