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The global cognitive enhancement wearable technology market is expected to be driven by the wearable technology market, which is further expected to grow in the forecast period of 2023-2028 at a CAGR of 17%.
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The wearable technology for cognitive enhancement has North America as one of the largest market regions because of the active presence of major players in the United States. The people in the region also have high expenditure and awareness for new technological products. Europe is also one of the market leaders for cognitive enhance wearable technology industry. The reason is the high per capita income and growing geriatric population, which is susceptible to neurological disorders, lack of sleep, and weakened memory. The Asia Pacific region is also likely to register significant growth owing to its increasing population and economic development along with exposure to advanced technologies.
Cognitive enhancement wearable technology devices refer to the equipment that can be worn in form of a cap, head set or band and aims at improving the brain functions such as attention, concentration, and information processing. The cognitive enhancement wearable technology can also be used for improving sleep quality, mood disorders, and general wellness.
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On the basis of technology, industry is segmented into:
Based on device type, the market is divided into:
The industry is classified on the grounds of type into:
The distribution channel for market is categorised into:
The regional markets for cognitive enhancement wearable technology industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The wearable technology for cognitive enhancement has been aimed at improving the conditions for patients suffering from depression, sleep disorders, and anxiety. The neurological disorders have been rising rapidly in the recent years. The usage of neurological technology such as neuromodulation devices along with conventional therapies have been increasingly being suggested in the recent years which will drive the demand for cognitive enhancement wearable technology. The wearable technology for cognitive enhancement is also being propelled by the rising demand from sports industry as the new products claiming to improve the sport results have been launched. However, the ethical issues and lack of peer reviewed research results have been hampering the market growth.
The report gives a detailed analysis of the following key players in the cognitive enhancement wearable technology market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Device Type, Type, Distribution Channel, Region |
Breakup by Technology | Electroencephalogram (EEG), Transcranial Direct Current Stimulation (tDCS), Others |
Breakup by Device Type | Audio Headset, Head bands, Head Cap, Others |
Breakup by Type | Battery, Charge |
Breakup by Distribution Channel | Offline, Online |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Halo Neuro, Inc., Sooma Oy, InteraXon Inc. (Muse), Melomind, FocusBand Technologies, Neuro Management LLC, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cognitive Enhancement Wearable Technology Market Analysis
8.1 Key Industry Highlights
8.2 Global Cognitive Enhancement Wearable Technology Historical Market (2018-2022)
8.3 Global Cognitive Enhancement Wearable Technology Market Forecast (2023-2028)
8.4 Global Cognitive Enhancement Wearable Technology Market by Technology
8.4.1 Electroencephalogram (EEG)
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Transcranial Direct Current Stimulation (tDCS)
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Cognitive Enhancement Wearable Technology Market by Device Type
8.5.1 Audio Headset
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Head bands
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Head Cap
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Cognitive Enhancement Wearable Technology Market by Type
8.6.1 Battery
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Charge
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Cognitive Enhancement Wearable Technology Market by Distribution Channel
8.7.1 Offline
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Online
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.8 Global Cognitive Enhancement Wearable Technology Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Cognitive Enhancement Wearable Technology Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Cognitive Enhancement Wearable Technology Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Cognitive Enhancement Wearable Technology Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Cognitive Enhancement Wearable Technology Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Cognitive Enhancement Wearable Technology Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Halo Neuro, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Sooma Oy
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 InteraXon Inc. (Muse)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Melomind
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 FocusBand Technologies
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Neuro Management LLC.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cognitive Enhancement Wearable Technology Market: Key Industry Highlights, 2018 and 2028
2. Global Cognitive Enhancement Wearable Technology Historical Market: Breakup by Technology (USD Million), 2018-2022
3. Global Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Technology (USD Million), 2023-2028
4. Global Cognitive Enhancement Wearable Technology Historical Market: Breakup by Device Type (USD Million), 2018-2022
5. Global Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Device Type (USD Million), 2023-2028
6. Global Cognitive Enhancement Wearable Technology Historical Market: Breakup by Type (USD Million), 2018-2022
7. Global Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Type (USD Million), 2023-2028
8. Global Cognitive Enhancement Wearable Technology Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9. Global Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10. Global Cognitive Enhancement Wearable Technology Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Cognitive Enhancement Wearable Technology Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Cognitive Enhancement Wearable Technology Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Cognitive Enhancement Wearable Technology Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Cognitive Enhancement Wearable Technology Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Cognitive Enhancement Wearable Technology Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Cognitive Enhancement Wearable Technology Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Cognitive Enhancement Wearable Technology Market Structure
The global cognitive enhancement wearable technology market is expected to be driven by the wearable technology market, which is further projected to grow at a CAGR of 17% between 2023 and 2028.
The major drivers of the market include the rising demand from sports industry, high per capita income, growing geriatric population, increasing population, economic development, and exposure to advanced technologies.
The rapidly increasing neurological disorders and the increasing usage of neurological technology such as neuromodulation devices along with conventional therapies are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
On the basis of technology, industry is segmented into electroencephalogram (EEG) and transcranial direct current stimulation (tDCS), among others.
Based on device type, the market is divided into audio headset, head bands, and head cap, among others.
The industry is classified on the grounds of type into battery and charge.
The distribution channel for market is categorised into offline and online.
The major players in the industry are Halo Neuro, Inc., Sooma Oy, InteraXon Inc. (Muse), Melomind, FocusBand Technologies, and Neuro Management LLC., among others.
The global cognitive enhancement wearable technology market was driven by the rapidly increasing neurological disorders in the historical period. Aided by the rising demand from sports industry and increasing usage of neurological technology, the wearable technology market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 17% thereby boosting the growth of global cognitive enhancement wearable technology market.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of technology, industry is segmented into electroencephalogram (EEG) and transcranial direct current stimulation (tDCS), among others. Based on device type, the market is divided into audio headset, head bands, and head cap, among others. The industry is classified on the grounds of type into battery and charge. The distribution channel for market is categorised into offline and online. The major regional markets for cognitive enhancement wearable technology are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Halo Neuro, Inc., Sooma Oy, InteraXon Inc. (Muse), Melomind, FocusBand Technologies, and Neuro Management LLC., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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