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Ecg And Eeg Testing Market is projected to Reflect 5.1% CAGR throughout 2016-2024

09-27-2017 10:37 AM CET | Health & Medicine

Press release from: Persistence Market Research Pvt. Ltd

Ecg And Eeg Testing Market is projected to Reflect 5.1% CAGR

Rising number of people suffering from sleep and psychiatric disorders has compelled medical practitioners to check their vital body stats through ECG and EEG tests. The demand for ECG and EEG testing is progressively rising among patients suffering from insomnia or hyper-anxiety.

A recent study conducted by Persistence Market Research estimates that in 2016, the global market for ECG and EEG testing was valued at nearly US$ 4,000 million. According to Persistence Market Research, the global ECG and EEG testing market will soar steadily at 5.1% CAGR and reach US$ 5,878.3 million in value by the end of 2024.

View and Download TOC of ECG and EEG Testing Systems Market Research Report @ https://www.persistencemarketresearch.com/market-research/ecg-and-eeg-testing-market/toc

In the report, titled “ECG & EEG Testing Market: Global Industry Analysis and Forecast, 2016-2024,” North America has been predicted as the world’s largest regional market for ECG ad EEG testing.

While North America will dominate with over 40% share of global revenues, demand for ECG and EEG testing in Europe is also on a rise. By the end of 2024, Europe’s ECG and EEG testing market will be valued over US$ 1,600 million. On the other hand, revenues amassed from Asia-Pacific will witness fastest increment at a CAGR of 5.5%.

Request and Download Sample Report @ https://www.persistencemarketresearch.com/samples/13876

While contributing to global revenues, ECG tests account for more than one-third share throughout the forecast period. However, revenues accounted by EEG tests continue to account for the other two-third of global ECG ad EEG testing market. Improved measurement and efficient outcomes of EEG tests are promoting their use over ECG tests.

The report clearly indicates that in the years to come, patients suffering from sleep-related diseases and psychiatric ailments will continue opting for EEG tests. By the end of 2024, EEG tests will attribute to global revenues worth over US$ 3,800 million.

While comparing psychiatric disorders against sleep-related diseases, the demand for ECG and EEG tests will be more inclined towards facilitating sleep testing services for patients.

In 2016, more than 65% of global revenues were accounted by the use of ECG and EEG tests for sleep testing methods. Mental health monitoring, on the other hand, will witness a marginal rise in demand. Nevertheless, almost US$ 4,000 million revenues will be accounted by sleep testing services by the end of 2024.

Buy Full ECG and EEG Testing Systems Market Research Report @ https://www.persistencemarketresearch.com/checkout/13876

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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