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The global wireless brain sensor market size reached USD 391.7 million in 2020 and is expected to register a revenue CAGR of 9.5%, during the forecast period, according to latest analysis by Emergen Research. Rising demand for wireless brain sensors for detecting neurological disorders and increasing elderly population and need for sensors for monitoring among members of this patient pool for range of medical conditions and illnesses are major factors driving market revenue growth.

Wireless brain sensors are utilized in the healthcare sector owing to high level of reliability. These devices are also being used in care homes or nursing homes for managing patient health and monitoring progress and needs. Adoption of more advanced technologies in the patient care process has been increasing rapidly, owing to increasing prevalence of Alzheimer’s Disease (AD) among the elderly population. People suffering from AD have difficulties in understanding their health conditions and may face severe memory impairment and lose the ability to carry out day-to-day activities, and this has been resulting in urgent need for devices or systems that can help in daily tasks. Wireless brain sensors help to monitor brain activities and can be used to record bodily movement and actions, as well as placement of the body so that the device can provide signals regarding potential strain, restriction, as well as patient location.

The report emphasizes the demands and ongoing trends of the global Wireless Brain Sensor market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions.  

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The global Wireless Brain Sensor market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.

Key Market Competitors Profiled in the Report:

EMOTIV Inc., Advanced Brain Monitoring, Inc., InteraXon Inc. (Muse), Neurosky, Inc., Neuroelectrics Corporation, Evolent Health, Inc., Neuronetrix Solutions, Hangzhou Zhongheng Electric Co., Ltd., Deayea Technology Co., Ltd., and NeuroTherapeutics Pharma, Inc.

Major Geographies Covered in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Key Highlights From the Report

Sleep monitoring device segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to increasing prevalence of neurodegenerative disorders, Parkinson’s diseases, and Alzheimer’s diseases. These devices are used as sleep trackers to ensure good sleep hygiene and maintain proper health of patients.

Traumatic Brain Injuries (TBIs) segment is expected to register a significantly steady revenue growth rate over the forecast period. Increasing number of individuals participating in sport and recreational activities is expected to increase patient volume suffering from various brain injuries owing to higher potential of and exposure to potential injuries and risks. Also, increasing number of road accidents is a major cause of TBIs. Increasing awareness regarding TBIs and higher number of cases of injuries are some other factors boosting growth of this segment.

North America is expected to account for a relatively larger revenue share over the forecast period due to rising demand for wireless brain sensors across various end-use sectors, including hospitals, clinics, research centers, and even at homes in countries in the region.

Emergen Research has segmented global wireless brain sensor on the basis of product, application, end-use, and region:

Product Outlook (Revenue, USD Billion; 2018–2028)

Electroencephalography (EEG) Devices

Sleep Monitoring Devices

Magnetoencephalography (MEG) Devices

Transcranial Doppler (TCD) Devices

Intracranial Pressure (ICP) Monitors & Accessories

Application Outlook (Revenue, USD Billion; 2018–2028)

Dementia

Epilepsy

Parkinson’s Diseases

Traumatic Brain Injuries

Others

End-use Outlook (Revenue, USD Billion; 2018–2028)

Research Institutes

Neurological Hospitals

Diagnostic Centers

Others

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The global Wireless Brain Sensor market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.

Key Questions Answered in the Report:

What is the growth rate of the Wireless Brain Sensor market? What is the anticipated market valuation of Wireless Brain Sensor industry by 2028?

What are the key growth driving and restraining factors of the Wireless Brain Sensor market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Wireless Brain Sensor industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

 

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