Electroencephalograph Systems Market Size

Electroencephalograph Systems Market Size

Electroencephalograph Systems Market size was valued at around USD 1 Billion in 2023 and is anticipated to register a CAGR of 6.4% between 2024 and 2032. An electroencephalograph (EEG) system is a medical device designed to measure and record the electrical activity of the brain. It consists of electrodes, amplifiers, and a recording device. The electrodes are placed on the scalp, and they detect the electrical signals generated by neurons in the brain. These signals are then amplified and recorded, producing an EEG trace or waveform.

To get key market trends

  Download Free Sample

The growing incidence of neurological disorders is a significant global health concern, affecting individuals of all ages. For instance, according to the World Health Organization (WHO), approximately 50 million people worldwide are impacted by epilepsy. This statistic implies that between 4 and 10 per 1,000 people experience active epilepsy. Thus, the growing incidence of neurological disorders propels the market expansion.

Furthermore, greater awareness of neurological disorders and improved healthcare infrastructure lead to increased reporting and diagnosis. As awareness campaigns raise public understanding, more individuals seek medical attention for symptoms, contributing to higher reported prevalence.