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The EEG electrodes market size is estimated to grow by USD 105.4 million at a CAGR of 6.78% between 2023 and 2028. The market is experiencing growth driven by several key factors. Firstly, the increasing prevalence of neurological disorders, such as epilepsy and Alzheimer's disease, is driving the demand for these procedures as a diagnostic tool. Secondly, there is a rising demand for EEG procedures and EEG and EMG devices in various healthcare settings, including hospitals, clinics, and research institutions, as they are non-invasive and provide valuable insights into brain activity. Lastly, increasing initiatives and support from governments and healthcare organizations are enhancing access to EEG procedures and driving market growth. These factors collectively underscore the importance of EEG procedures in neurodiagnostics and monitoring neurological disorders and the increasing role they play in healthcare.
The prevalence of neurological diseases has increased the demand for EEG. The examination is essential for diagnosing some neurological disorders. It is also increasingly being used for other applications such as cognitive health and well-being, sleep quality monitoring, and stress reduction. For example, EMOTIV's Insight is a wearable headset that monitors a user's cognitive health and well-being, emphasizing the importance of wearable medical devices. It records the user's brain waves and converts them into meaningful data. Rising demand for these procedures for diagnosing neurological disorders and other applications is expected to drive the growth of the global market during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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