ELECTROENCEPHALOGRAPHS MARKET ANALYSIS

Regional Analysis

Regional growth engines of electroencephalographs market

Mental illness is most prominently observed in the North America region. Around 1 in 5 adults in U.S. that is 43.8 million, or 18.5% suffered from some form of mental illness in 2015. This creates a highly conducive environment for growth of the electroencephalographs market in the country. Moreover, the incidence of mental illness has increased in Asia, especially in India and China. According to Journal of Indian Academy of Neurology, 70 million people were suffering from epilepsy worldwide, whereas India reported 12 million of people suffering from epilepsy which contributed one-sixth of the global burden in the year 2014. The European region also offers a huge market for electroencephalographs due to rise in awareness of neurological disorders and increase in purchasing power.