Wireless Brain Sensors Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Wireless Brain Sensors Market size was valued at around USD 527.5 million in 2023 and is projected to reach around USD 1,013.8 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.78% during the forecast period, i.e., 2024-30. The global wireless sensors industry is expected to continue to grow primarily due to factors such as increasing neurological disorders globally, surging cases of traumatic brain injuries, as well as the introduction of new and advanced brain sensor headbands & headsets, etc. In recent years, the prevalence of neurological disorders has increased throughout the globe. This is due to a rise in cases of stress levels, an increasing number of fatal accidents, etc. which is leading to the demand for advanced versions of wireless brain sensors for monitoring and treatment purposes.
Markntel Advisor’s Wireless Brain Sensors Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Wireless Brain Sensors Market drivers, barriers, Wireless Brain Sensors Market Trends, and Key Players in Wireless Brain Sensors Market.
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Wireless Brain Sensors Market Dynamics: 2024-2030
Wireless Brain Sensors Market Driver:
Surge in Cases of Traumatic Brain Injuries (TBIs) Globally – The rising neurological problems throughout the globe mainly due to rising numbers of traumatic brain injuries from an increasing number of fatal road accidents have been creating demand for wireless brain sensors. For instance, as per research studies, traumatic brain injuries have been a major reason for life losses and disability globally. Also according to WHO, between 20 and 50 million or more people suffer non-fatal neurological injuries leading to disabilities. The individuals suffering from these diseases undergo frequent diagnosis & treatment, supporting the increasing demand in the market. These traumatic brain injuries further potentially result in conditions like Paralysis, Parkinson’s and Alzheimer’s, etc., leading to a constant demand for wireless brain sensors for treatment and post-treatment monitoring & therapy purposes. This has resulted in a steady surge in the market size and is expected to be in the same trend during the forecast period as well.
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Wireless Brain Sensors Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Product
- Electroencephalography (EEG) devices- Market Size & Forecast 2019-2030, USD Million
- Sleep Monitoring Devices-Market Size & Forecast 2019-2030, USD Million
- Magnetoencephalography- Market Size & Forecast (MEG) devices 2019-2030, USD Million
- Transcranial Doppler (TCD) devices- Market Size & Forecast 2019-2030, USD Million
- Intracranial pressure (ICP) monitors- Market Size & Forecast 2019-2030, USD Million
- Others (Deep Brain stimulations, Cognitive Rehabilitation Devices, etc.)- Market Size & Forecast 2019-2030, USD Million
- By Application
- Dementia- Market Size & Forecast 2019 – 2030 (USD Million)
- Epilepsy- Market Size & Forecast 2019 – 2030 (USD Million)
- Huntington’s Disease- Market Size & Forecast, 2019 – 2030 (USD Million)
- Migraine- Market Size & Forecast 2019 – 2030 (USD Million)
- Stroke- Market Size & Forecast 2019 – 2030 (USD Million)
- Parkinson’s Disease- Market Size & Forecast 2019 – 2030 (USD Million)
- Sleep Disorders- Market Size & Forecast 2019 – 2030 (USD Million)
- Traumatic Brain Injuries- Market Size & Forecast 2019 – 2030 (USD Million)
- Others (Multiple sclerosis, Depression, etc.)- Market Size & Forecast 2019 – 2030 (USD Million)
- By End-User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Research Institutes- Market Size & Forecast 2019-2030, USD Millions
- Diagnostic Centres- Market Size & Forecast 2019-2030, USD Million
- Others (Clinics, Homecare Settings, etc.)- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Wireless Brain Sensors Market:
- Emotiv Inc.
- InteraXon Inc. (Muse)
- NeuroSky
- Masimo Corporation
- Neuronetrix Solutions, LLC (Cognision)
- Advanced Brain Monitoring Inc.
- NeuroWave Systems Inc.
- Brain Scientific Inc. (Aditxt Inc.)
- Neuroelectrics Barcelona S.L.U.
- Bit & Brain Technologies S.L.
- Brain Vision LLC
- CGX systems
- HI LLC, DBA Kernel
- Nihon Kohden Corporation
- Cortech Solutions, Inc.
- Elemind
- Others
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