Electro-Diagnostic Devices Market Restraints
Although demand for electro-diagnostic devices is increasing worldwide, there is a lack of skilled labors in low-income countries such as India. Unfavorable labor laws and limited trained workforce in India to install operate, repair, and service equipment is restraining growth of the electro-diagnostic devices market.
Moreover, high installation and maintenance costs of these complex devices is one of the major factor hampering growth of the market. For instance, the high cost of EEG system, which is nearly US$ 1,13,616 and high cost of maintenance limits its widespread use in for Epilepsy Monitoring Units (EMUs) across the globe, especially in developing economies where the funding or reimbursements for these devices is inadequate.
Electro-Diagnostic Devices Market Report Snapshots
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