Wireless Brain Sensors Market
Wireless Brain Sensors Market Size, Share & Trends Analysis Report by Product (Electroencephalography (EEG) Devices, Sleep Monitoring Devices, Intracranial Pressure (ICP) Monitors, and Transcranial Doppler (TCD) Devices), by Application (Dementia, Epilepsy, Parkinson's Disease, Traumatic Brain Injuries, and Others), and by End-Use (Multispecialty Hospitals, Research Institutes, and Others) Forecast Period (2022-2028)
wireless brain sensors market is anticipated to grow at a significant CAGR of 11.7% during the forecast period. The rising unhealthy lifestyle choices such as smoking, alcohol consumption, and others are one of the major factors leading to different brain disorders such as migraine, strokes, and dementia which is further boosting the wireless brain sensors market during the forecast period as wireless brain sensors are used to observe the temperature, sensing the intracranial pressure, and record brain signaling in the form of brain waves which assists in securing the person from any emergency condition.
According to the World Health Organization (WHO), around 15 million people across the globe suffered a stroke annually in 2021. Of these, 5 million die, and another 5 million are left permanently disabled. High blood pressure and tobacco use are the main unhealthy choices that create these strokes. Furthermore, according to World Stroke Organization, latest report 2022, across the globe 1 in 4 adults over the age of 25 will have a stroke in their lifetime. 12.2 million people worldwide will have their first stroke this year and 6.5 million will die as a result. Over 110 million people in the world have experienced a stroke. Many other risk factors include tobacco use, harmful use of alcohol, unhealthy diet, atrial fibrillation, physical inactivity, raised blood lipid levels, obesity, genetic disposition, stress, and depression, which is increasing the risk for strokes. Hence further boosts the demand for wireless brain sensors as these sensors helps the doctors to determine the condition and activity of the brain to properly treat any disorder.
Segmental Outlook
The global wireless brain sensors market is segmented based on product, application, and end-use. Based on the product, the market is segmented into Electroencephalography (EEG) devices, sleep monitoring devices, intracranial pressure (ICP) monitors, and transcranial doppler (TCD) devices. Based on application, the market is sub-segmented into dementia, Parkinson's disease, traumatic brain injuries, and others. Based on end-use the market is segmented into multispecialty hospitals, research institutes, and others. The above-mentioned segments can be customized as per the requirements.
Among the product, the Electroencephalography (EEG) devices segment is anticipated to grow at the fastest rate during the forecast period. An EEG (electroencephalogram) measures the brain’s activity which can help healthcare providers diagnose and monitor brain-related conditions. The device also supports collecting the electrical activity of the brain. These devices are helpful to check the status of brain-related conditions such as tumors, Alzheimer's disease or dementia, brain injury, etc. Hence the Electroencephalography (EEG) devices segment is growing across the globe. For instance, according to the American Society of Clinical Oncology (ASCO), Brain tumors account for 85% to 90% of all primary central nervous system (CNS) tumors. Worldwide, an estimated 308,102 people were diagnosed with a primary brain or spinal cord tumor in 2020 and around 251,329 people died from primary cancerous brain and CNS tumors in 2020. Hence the rising number of brain tumors is propelling this segment.
Regional Outlooks
The global wireless brain sensors market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is anticipated to grow at the fastest rate during the forecast period. The rise in traffic accidents is fueling demand for wireless brain sensors as it increases traumatic brain injury cases. According to the Centers for Disease Control and Prevention (CDC), there were around 64,000 TBI (Traumatic Brain Injury)-related deaths in the US in 2020, which is about 176 TBI-related deaths every day. Moreover, according to the US department of transportation National Highway traffic safety administration report, There were 38,824 people killed in motor vehicle traffic crashes on US roadways during 2020, a 6.8% increase from 36,355 fatalities in 2019, or 2,469 more people killed in traffic crashes in 2020 and around 2,282,015 people injured on the US roads in 2020. These injuries also affect the brain functions of many peoples hence increasing the demand for brain sensors.
Global Wireless Brain Sensors Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold the Considerable Share in the Global Wireless Brain Sensors Market
The Asia-Pacific region is expected to hold a considerable share in the global wireless brain sensors market during the forecast period. Owing to the presence of a large target population and high unmet demand for minimally invasive techniques is anticipated to offer significant growth opportunities for the key players operating in the market. Moreover, an increase in the number of clinical trials and high R&D investments by global market players, owing to low-cost services in the region, are high-impact rendering drivers of the market for wireless brain sensors.
Market Players Outlook
The major companies serving the global wireless brain sensors market include Advanced Brain Monitoring Inc., EMOTIV, Inc., Koninklijke Philips N.V., Medtronic plc, NeuroSky, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2021, Medtronic plc launched an Adaptive Deep Brain Stimulation (aDBS) Trial in Parkinson's Disease Patients. Adaptive deep brain stimulation is an investigational feature of the Percept PC device that can be enabled if approved. The Percept PC neurostimulator with BrainSense technology is designed to capture a patient's brain signals, providing clinicians objective data directly from a DBS patient's brain to understand the impact of treatment decisions such as medication or stimulation changes.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wireless brain sensors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Advanced Brain Monitoring Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. EMOTIV, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Koninklijke Philips N.V.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Medtronic plc
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. NeuroSky, Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Wireless Brain Sensors Market by Product
4.1.1. Electroencephalography (EEG) Devices
4.1.2. Sleep Monitoring Devices
4.1.3. Intracranial Pressure (ICP) Monitors
4.1.4. Transcranial Doppler (TCD) Devices
4.2. Global WIRELESS BRAIN SENSORS Market by Application
4.2.1. Dementia
4.2.2. Dementia
4.2.3. Parkinson's Disease
4.2.4. Traumatic Brain Injuries
4.2.5. Others
4.3. Global WIRELESS BRAIN SENSORS Market by End-Use
4.3.1. Multispecialty Hospitals
4.3.2. Research Institutes
4.3.3. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Brain Products GmbH
6.2. Brain Scientific, Inc.
6.3. BrainScope Company, Inc
6.4. Cadwell Industries, Inc.
6.5. Compumedics Ltd.
6.6. Hangzhou Zhongheng Electric Co. Ltd.
6.7. InteraXon Inc.
6.8. Jordan Neuroscience, Inc.
6.9. Natus Medical Inc.
6.10. Neuroelectrics S.L.U.
6.11. Nihon Kohden Corp.
6.12. Wearable Sensing
1. GLOBAL WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL WIRELESS BRAIN SENSORS IN ELECTROENCEPHALOGRAPHY (EEG) DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL WIRELESS BRAIN SENSORS IN SLEEP MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL WIRELESS BRAIN SENSORS IN INTRACRANIAL PRESSURE (ICP) MONITOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL WIRELESS BRAIN SENSORS IN TRANSCRANIAL DOPPLER (TCD) DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
7. GLOBAL WIRELESS BRAIN SENSORS FOR DEMENTIA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL WIRELESS BRAIN SENSORS FOR EPILEPSY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL WIRELESS BRAIN SENSORS FOR PARKINSON'S DISEASE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL WIRELESS BRAIN SENSORS FOR TRAUMATIC BRAIN INJURIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL WIRELESS BRAIN SENSORS FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
13. GLOBAL WIRELESS BRAIN SENSORS FOR MULTISPECIALTY HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL WIRELESS BRAIN SENSORS FOR RESEARCH INSTITUTES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL WIRELESS BRAIN SENSORS FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
19. NORTH AMERICAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. NORTH AMERICAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
21. EUROPEAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
23. EUROPEAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. EUROPEAN WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
31. REST OF THE WORLD WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
32. REST OF THE WORLD WIRELESS BRAIN SENSORS MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
1. GLOBAL WIRELESS BRAIN SENSORS MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL WIRELESS BRAIN SENSORS IN ELECTROENCEPHALOGRAPHY (EEG) DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL WIRELESS BRAIN SENSORS IN SLEEP MONITORING DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL WIRELESS BRAIN SENSORS IN INTRACRANIAL PRESSURE (ICP) MONITOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL WIRELESS BRAIN SENSORS IN TRANSCRANIAL DOPPLER (TCD) DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL WIRELESS BRAIN SENSORS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
7. GLOBAL WIRELESS BRAIN SENSORS FOR DEMENTIA MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL 5 WIRELESS BRAIN SENSORS FOR EPILEPSY MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL 6 WIRELESS BRAIN SENSORS FOR PARKINSON'S DISEASE MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL 6 WIRELESS BRAIN SENSORS FOR TRAUMATIC BRAIN INJURIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL 6 WIRELESS BRAIN SENSORS FOR OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL WIRELESS BRAIN SENSORS MARKET SHARE BY END-USE, 2021 VS 2028 (%)
13. GLOBAL WIRELESS BRAIN SENSORS FOR MULTISPECIALTY HOSPITALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL WIRELESS BRAIN SENSORS FOR RESEARCH INSTITUTES MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL WIRELESS BRAIN SENSORS FOR OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL WIRELESS BRAIN SENSORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. US WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
19. UK WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD WIRELESS BRAIN SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
