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Global Wireless Brain Sensors Market Size, Trends, Report: By Product: Electroencephalography (EEG) Devices, Sleep Monitoring Devices, Magnetoencephalography (MEG) Devices, Others; By Disease: Alzheimer's Disease, Traumatic Brain Injury, Epilepsy, Sleep Disorders, Others; By End User; Regional Analysis; Supplier Landscape; 2024-2032
Global Wireless Brain Sensors Market Outlook
The global wireless brain sensors market size was valued at USD 608.60 million in 2023, driven by the increasing popularity of wireless brain sensors across the globe. The market size is anticipated to grow at a CAGR of 9.5% during the forecast period of 2024-2032 to achieve a value of USD 1,377.40 million by 2032.
Wireless Brain Sensors: Introduction
Tools that are used to measure pressure inside the brain, brain temperature, and brain activity, and pH as ‘brain waves’ that represent electrical transmission within the brain are known as wireless brain sensors. The term ‘brain-computer interface’ (BCI) refers to a type of neural interface that enables continuous monitoring of the electrical activity of the brain throughout the day and wireless transmission of the data from the brain to outside analyzing devices. These areimportant to communicate with the brain, as in brain-computer prosthesis, and to better understand how the brain functions. To detect or treat neuropsychiatric diseases, the brain-computer interface can be utilized to analyze or generate these cerebral electrical impulses.
Global Wireless Brain Sensors Market Analysis
The use of innovative technology in the development of these consumer-grade EEG gadgets increases its potential and performing competence. These devices are expected to be used beyond hospitals and laboratories in future to examine the execution through research projects involving multiple disciplines. Wireless brain sensors provide the benefit of wireless connections that allows patients to move freely and experience convenient monitoring in both clinical and research settings. Such benefits have created a high demand for non-invasive brain monitoring technologies among people and healthcare professionals, further propelling the global wireless brain sensors market demand.
Additionally, wireless brain sensors are undergoing continuous advancements in miniaturization and wearable designs, leading to the development of compact and lightweight devices that are comfortable to wear on the scalp or integrated into headbands, hats, or other wearable accessories are further propelling the market growth. Applications in neurorehabilitation, assistive technologies, and improving human-computer interactions are made possible by the use of wireless sensors in brain-computer interfaces (BCIs).
The wireless brain sensors market growth is likely to be driven by the rapid technological advances in BCIs. Wireless brain sensors are increasingly being integrated into the Internet of Things (IoT) ecosystem to achieve seamless data transmission, remote monitoring, and real-time analysis, contributing to the growth of the market.
Global Wireless Brain Sensors Market Segmentations
Market Breakup by Product
- Electroencephalography (EEG) Devices
- Sleep Monitoring Devices
- Magnetoencephalography (MEG) Devices
- Others
Market Breakup by Disease
- Alzheimer's Disease
- Traumatic Brain Injury
- Epilepsy
- Sleep Disorders
- Others
Market Breakup by End User
- Hospitals
- Research and Academic Institute/Laboratories
- Homecare Settings
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Wireless Brain Sensors Market Overview
The increasing popularity of wireless brain sensors due to the growing desire for non-invasive and patient-centric brain monitoring solutions is primarily driving the wireless brain sensor market growth. The rapid improvements in wearable and miniaturisation technologies enable the creation of small, convenient sensor designs, which improve user comfort and encourage long-term monitoring, driving the market demand. The increasing need for wireless brain sensors in research and clinical settings is also fuelled by the expanding emphasis on neuroscience research and the requirement for real-time data on brain activity, which is directly contributing to the wireless brain sensor market share.
Additionally, the seamless data transfer, remote monitoring, and analysis, made possible by the integration of wireless sensors with cutting-edge technologies like the Internet of Things (IoT) and cloud computing is further aiding the development of the market. Increasing collaborations and partnerships between academic institutions, tech organizations, and healthcare providers foster innovation and accelerate the development of advanced wireless brain sensors further propelling the market growth.
Global Wireless Brain Sensors Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- NeuroSky
- Emotiv
- Advanced Brain Monitoring
- Koninklijke Philips N.V.
- Medtronic Corporation
- Muse
- Natus Medical Incorporated
- Cadwell Industries
- NeuroWave Systems Inc.
- BrainScope
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Disease |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Wireless Brain Sensors Market Overview
3.1 Global Wireless Brain Sensors Market Historical Value (2017-2023)
3.2 Global Wireless Brain Sensors Market Forecast Value (2024-2032)
4 Global Wireless Brain Sensors Market Landscape
4.1 Global Wireless Brain Sensors: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Wireless Brain Sensors: Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
4.2.3 Analysis by Applications
5 Global Wireless Brain Sensors Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Wireless Brain Sensors Market Segmentation
6.1 Global Wireless Brain Sensors Market by Product
6.1.1 Market Overview
6.1.2 Electroencephalography (EEG) Devices
6.1.3 Sleep Monitoring Devices
6.1.4 Magnetoencephalography (MEG) Devices
6.1.5 Others
6.2 Global Wireless Brain Sensors Market by Disease
6.2.1 Market Overview
6.2.2 Alzheimer's Disease
6.2.3 Traumatic Brain Injury
6.2.4 Epilepsy
6.2.5 Sleep Disorders
6.2.6 Others
6.3 Global Wireless Brain Sensors Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Research and Academic Institute/Laboratories
6.3.4 Homecare Settings
6.3.5 Others
6.4 Global Wireless Brain Sensors Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Wireless Brain Sensors Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Wireless Brain Sensors Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Wireless Brain Sensors Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Wireless Brain Sensors Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Wireless Brain Sensors Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by NIH Departments
14.7 Analysis by Recipient Organization
15 Clinical Trials Analysis
15.1 Analysis by Trial Registration Year
15.2 Analysis by Trial Status
15.3 Analysis by Trial Phase
15.4 Analysis by Therapeutic Area
15.5 Analysis by Geography
16 Funding and Investment Analysis
16.1 Analysis by Funding Instances
16.2 Analysis by Type of Funding
16.3 Analysis by Funding Amount
16.4 Analysis by Leading Players
16.5 Analysis by Leading Investors
16.6 Analysis by Geography
17 Partnership and Collaborations Analysis
17.1 Analysis by Partnership Instances
17.2 Analysis by Type of Partnership
17.3 Analysis by Leading Players
17.4 Analysis by Geography
18 Supplier Landscape
18.1 NeuroSky
18.1.1 Financial Analysis
18.1.2 Product Portfolio
18.1.3 Demographic Reach and Achievements
18.1.4 Mergers and Acquisitions
18.1.5 Certifications
18.2 Emotiv
18.2.1 Financial Analysis
18.2.2 Product Portfolio
18.2.3 Demographic Reach and Achievements
18.2.4 Mergers and Acquisitions
18.2.5 Certifications
18.3 Advanced Brain Monitoring
18.3.1 Financial Analysis
18.3.2 Product Portfolio
18.3.3 Demographic Reach and Achievements
18.3.4 Mergers and Acquisitions
18.3.5 Certifications
18.4 Koninklijke Philips N.V.
18.4.1 Financial Analysis
18.4.2 Product Portfolio
18.4.3 Demographic Reach and Achievements
18.4.4 Mergers and Acquisitions
18.4.5 Certifications
18.5 Medtronic Corporation
18.5.1 Financial Analysis
18.5.2 Product Portfolio
18.5.3 Demographic Reach and Achievements
18.5.4 Mergers and Acquisitions
18.5.5 Certifications
18.6 Muse
18.6.1 Financial Analysis
18.6.2 Product Portfolio
18.6.3 Demographic Reach and Achievements
18.6.4 Mergers and Acquisitions
18.6.5 Certifications
18.7 Natus Medical Incorporated
18.7.1 Financial Analysis
18.7.2 Product Portfolio
18.7.3 Demographic Reach and Achievements
18.7.4 Mergers and Acquisitions
18.7.5 Certifications
18.8 Cadwell Industries
18.8.1 Financial Analysis
18.8.2 Product Portfolio
18.8.3 Demographic Reach and Achievements
18.8.4 Mergers and Acquisitions
18.8.5 Certifications
18.9 NeuroWave Systems Inc.
18.9.1 Financial Analysis
18.9.2 Product Portfolio
18.9.3 Demographic Reach and Achievements
18.9.4 Mergers and Acquisitions
18.9.5 Certifications
18.10 BrainScope
18.10.1 Financial Analysis
18.10.2 Product Portfolio
18.10.3 Demographic Reach and Achievements
18.10.4 Mergers and Acquisitions
18.10.5 Certifications
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The market attained a value of about USD 608.60 million in 2023, driven by the rising popularity of wireless brain sensors.
The market is anticipated to grow at a CAGR of 9.5% during the forecast period of 2024-2032 and reach a market value of USD 1,377.40 billion by 2032.
The increasing integration of wireless brain sensors with IoT to experience seamless data transfer, remote monitoring, and the increasing popularity of wireless sensors are among the major factors driving the market growth.
The continuous advancements in miniaturization and wearable designs of wireless brain sensors that are leading to the development of compact and lightweight and comfortable devices are among the major trends propelling the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
The different products in the market are electroencephalography (EEG) devices, sleep monitoring devices, and magnetoencephalography (MEG) devices, among others.
Diseases that can be diagnosed and managed by wireless brain sensors are Alzheimer’s disease, traumatic brain injury, epilepsy, and sleep disorders, among others.
The end users in the market are hospitals, homecare settings, research and academic institute/laboratories, among others.
Key players involved in the market are NeuroSky, Emotiv, Advanced Brain Monitoring, Koninklijke Philips N.V., Medtronic Corporation, Muse, Natus Medical Incorporated, Cadwell Industries, NeuroWave Systems Inc., and BrainScope.
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