The global wireless brain sensors market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2022-2028). The increasing brain disorders coupled with rising road accidents are boosting the global wireless brain sensors market. Different brain disorders can be caused by illness, genetics, or injury. Each comes with different risks, diagnoses, and treatments. Brain diseases come in different forms. Infections, trauma, stroke, seizures, and tumors are some of the major categories of brain diseases. According to the Centers for disease control and prevention (CDC),
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- In 2020, 1 in 6 deaths from cardiovascular disease was due to stroke. Every 40 seconds, someone in the US has a stroke and every 3.5 minutes, someone dies of a stroke.
- About 87% of all strokes are ischemic strokes, in which blood flow to the brain is blocked
- In 2020, as many as 5.8 million Americans were living with Alzheimer’s disease. This number is projected to nearly triple to 14 million people by 2060. The number of people living with the disease doubles every 5 years beyond age 65.
Furthermore, according to WHO, around 50 million people across the globe have epilepsy, making it one of the most common neurological diseases across the globe. Nearly 80% of people with epilepsy live in low- and middle-income countries, there are estimated to be 49 per 100,000 people diagnosed with epilepsy each year.
Moreover, according to Association for Safe International Road Travel, (ASIRT), approximately 1.35 million people die in road crashes each year, on average 3,700 people lose their lives every day on the roads. An additional 20–50 million people suffer non-fatal injuries, often resulting in long-term disabilities. Road traffic injuries are the leading cause of death among young people aged 5–29. Young adults aged 15–24 account for more than half of all road deaths. Due to these factors, the demand for wireless brain sensors is increasing across the globe.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Product
o By Application
o By End-Use
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Advanced Brain Monitoring Inc., EMOTIV, Inc., Koninklijke Philips N.V., Medtronic plc, NeuroSky, Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Wireless Brain Sensors Market Report Segment
By Product
- Electroencephalography (EEG) Devices
- Sleep Monitoring Devices
- Intracranial Pressure (ICP) Monitors
- Transcranial Doppler (TCD) Devices
By Application
- Dementia
- Epilepsy
- Parkinson's Disease
- Traumatic Brain Injuries
- Others
By End-Use
- Multispecialty Hospitals
- Research Institutes
- Others
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Global Wireless Brain Sensors Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Brain Products GmbH
- Brain Scientific, Inc.
- BrainScope Company, Inc
- Cadwell Industries, Inc.
- Compumedics Ltd.
- Hangzhou Zhongheng Electric Co. Ltd.
- InteraXon Inc.
- Jordan Neuroscience, Inc.
- Natus Medical Inc.
- Neuroelectrics S.L.U.
- Nihon Kohden Corp.
- Wearable Sensing
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
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