ELECTROENCEPHALOGRAPHS MARKET ANALYSIS

Electroencephalographs MarketSize and Trends

Rising incidence of mental illness is expected to fuel the growth of electroencephalographs market in the near future

The rise in incidence of brain disorders such as Alzheimer’s disease, epilepsy and psychiatric illness has significantly increased the market of electroencephalographs. According to the annual report of Alzheimer’s Association (AA), it was estimated that 5.4 million people in the U.S. suffer from Alzheimer’s disease in 2012 and by 2050, it is estimated that between 11 million to 16 million people in the U.S. will suffer from Alzheimer’s disease, with one new case appearing every 33 seconds. Moreover, Alzheimer’s disease International showed that 35.6 million people suffered from Alzheimer’s disease worldwide in 2010. Moreover, according to WHO, published facts list updated on Feb 2017 50 million suffer from epilepsy which fuels the market of electroencephalographs. Furthermore, according to WHO, depression was the third-leading cause of disease burden worldwide, where mental and behavioral disorder contributed 7.4% and neurological disorder 3% in 2010 which determines the increase in market of electroencephalographs.