SAN FRANCISCO, April 12, 2017 /PRNewswire/ --
The global EEG devices/systems market is expectedto reach a value of USD 1.40billion by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of neurological disorders such as epilepsy, sleeping disorders, brain tumor, Parkinson's disease,
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Increasing funding for neuroscience R&D by governments is another main factor contributing to the market growth. For instance, in June 2014, the U.S. Department of Defense granted USD 400,000 to University of Texas at San Antonio for the purchase of two EEG systems intended for advance research on brain-machine interaction. Also, technological advancement in these systems propels its adoption for detection of abnormalities associated with electrical activity of the brain. Thus, government initiatives and technological advancement are expected to drive the growth of the sector in the near future.
Browse full research report with TOC on "Electroencephalography (EEG) Systems/Devices Market Analysis By Product (8-Channel, 21-Channel, 25-Channel, 32-Channel, 40-Channel, Multichannel), By Type (Portable Devices, Standalone Devices), By End Use (Hospitals, Diagnostic Centers), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/electroencephalography-eeg-systems-devices-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the EEG Devices market on the basis of product, type, end use, and region:
Read Our Blog: Electroencephalogram (EEG) Devices Market Insights: Growth driven by rising incidence of neurological disorders
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected]
SOURCE Grand View Research, Inc.
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