Wireless Brain Sensors Future Business Opportunities 2024-2030 | Emotiv Inc., InteraXon Inc. (Muse), NeuroSky, Masimo Co

According to recent findings, the Global 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.

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Wireless Brain Sensors Overview:

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.

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Wireless Brain Sensors Outlook and Opportunity :

Rising Government Initiatives Towards Brain Health to Offer Lucrative Growth Opportunities – Growing awareness about ‘Brain Health’ and not only ‘Human Health’ in recent years around the world has been pushing national governments across the globe to take strategic actions to improve the brain health of their residents. The increasing cases of brain strokes, cancers, depression, and traumatic injuries amongst all age groups of the population have instigated the implementation of various initiatives by the medical authorities along with the national governments across the globe.

Moreover, the surging rate of old-age dementia and the growing chances of old-age dementia in the young population is further stimulating the need for research development for better treatment and therapy technology as well as more prevalence of brain health clinics. Germany’s Brain Plan Agenda, 2030, Canada’s renewed funding for the Brain Canada Foundation, Indian state Karnataka’s Brain Health Initiative, etc., have been announced in recent years to promote better brain health. These initiatives are anticipated to create growth opportunities for the top companies in the coming years.

Global Wireless Brain Sensors Segmentation Analysis:

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)

According to reports, Amongst them all, migraine segment has captured the largest share of the market in the past few years.

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

According to reports, Out of them all, the hospitals segment has held a dominant share of the Global Wireless Brain Sensors Industry.

By Region

North America
South America
Europe
The Middle East Africa
Asia-Pacific.

According to reports, North America witnessed significant revenue growth in the Global Wireless Brain Sensors Market during 2019-2023.

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Some of the Market players in the Global Wireless Brain Sensors are:

2024: Brain Scientific’s EEG monitoring assets of 16 patents were acquired by Aditxt Inc. The portfolio included patents of its flagship products such as NeuroCap and NeuroEEG.

Wireless Brain Sensors Recent Development:

2024: Brain Scientific’s EEG monitoring assets of 16 patents were acquired by Aditxt Inc. The portfolio included patents of its flagship products such as NeuroCap and NeuroEEG.

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