In-Depth Analysis of the Wireless Brain Sensors Market: Trends and Forecasts for 2024-30: MarkNtel Advisors

Global Quick Overview of the Wireless Brain Sensors Market Analysis

The objective of the Global Wireless Brain Sensors Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.

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According to the latest report analysis by MarkNtel Advisors, 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. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.

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Global 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.

A Detailed Outlook of Wireless Brain Sensors Market Segmentation

The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments were used to classify the market for this study are listed below:

-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

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-wireless-brain-sensors-market.html

Geographical Analysis:

-By Region

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

North America witnessed significant revenue growth in the Global Wireless Brain Sensors Market during 2019-2023. The vast prevalence as well as consistently surging cases of early onset dementia in the region is necessitating the demand for advanced wireless brain sensors for detection and treatment. According to Blue Cross Blue Shield, in 2017 about 131,000 Americans between the ages of 30-64 were diagnosed with early onset dementia, which was around a 200% increase from the numbers of 2013. Furthermore, this number has been steadily increasing with the median age of dementia-suffering people being 40-50 years old. The number of deaths due to dementia has also increased compared to the other diseases in the region. Such instances in the region are further estimated to augment the demand for wireless brain sensors, further fueling the growth & expansion of the Wireless Brain Sensors Industry in the coming years.

Lead the Wireless Brain Sensors Market with a Deep Evaluation of the Competition

This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.

Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.

The details on the following key players is presented in this section as:

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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Global Wireless Brain Sensors Industry 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.
2022: InteraXon Inc. (Muse) reported the launch of a new VR software development kit and EEG headband made to be compatible with almost all key VR head-mounted displays.

Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
EmerWireless Brain Sensorsg Opportunities,
Market Trends and Indicators

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Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging Wireless Brain Sensors geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 9.78.8 diverse industrial verticals.

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