Press release
Global Wireless Brain Sensors Market Research Report – Revenue Forecast 2020-2028
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According to the latest research by InsightAce Analytic, the global wireless brain sensors market size valued at US$ XX Million and it is expected to reach US$ XX Million in 2028, recording a promising CAGR of XX% during the period of 2020-2028. By region, North America dominates the market with share of XX% of wireless brain sensors market.
Wireless Brain Sensors are designed to aid patients suffering from various brain disorders such as Parkinson's disease, Alzheimer’s disease, sleep disorders, dementia, traumatic brain injuries and other brain conditions. These sensors help to monitor neurological fluctuations and improve cognitive functionalities. Wireless brain sensor devices operate wirelessly and can be access through mobiles and computers. They are fully biodegradable and biocompatible as well. There are multiple factors that drive the wireless brain sensors market, such as rising adoption of advanced technologies, increasing prevalence of neurological disorders, changing lifestyle, growing mental stress, cost-effective procedures and easy access to real time data, various government initiatives for the R&D of novel wireless devices and increase in the awareness programs regarding advance neurological disorders treatments.
Moreover, rising demand of wireless brain sensors from various healthcare centers is anticipated to propel the growth of this market during the forecast period. Whereas, factors like high cost of treatments, shortage of skilled professionals, complex procedures, and stringent regulations may downscale the growth of the wireless brain sensors market over the forecast period.
In terms of region, North America dominated the wireless brain sensors market and will continue this trend over the forecast period 2020-2028, attributed to rising prevalence of neurological disorders, fast adoption of advance medical technologies, growing R&D investments, increasing healthcare expenditures and awareness programs, and entry of new biotech and pharma players in the market. Asia-Pacific’s market is going to grow faster during the forecast years. This growth is attributable to increasing number of key players, changing lifestyle, rising government initiatives, and product innovations.
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Major key players of wireless brain sensors market are EMOTIV, Advanced Brain Monitoring, Inc., NeuroSky, Neuroelectrics, Neuronetrix Solutions, LLC, Muse, and Other Prominent Players. Prominent players are engaged in making new collaborations, merges, partnerships, acquisitions and product innovations to combat with competitive market.
In 2020, EMOTIV launched EPOC X, which is designed for scalable and contextual human brain research which allows access to professional-grade brain data with an improved and easy-to-use design. In 2019, Advanced Brain Monitoring Inc. cleared the clinical trials for Stat X-Series mobile EEG systems. This device offers practical and cost-effective solutions for on-call and portable EEG in minutes to healthcare professionals.
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Market Segments
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2028 based on Products
• Electroencephalography (EEG) Devices
• Sleep Monitoring Devices
• Intracranial Pressure (ICP) Monitors
• Transcranial Doppler (TCD) Devices
• Others
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2028 based on Applications
• Dementia
• Epilepsy
• Parkinson's Disease
• Traumatic Brain Injuries
• Others
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2028 based on End-Users
• Multispecialty Hospitals
• Research Institutes
• Others
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2028 based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America wireless brain sensors market revenue (US$ Million) by Country, 2020 to 2028
• U.S.
• Canada
Europe wireless brain sensors market revenue (US$ Million) by Country, 2020 to 2028
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific wireless brain sensors market revenue (US$ Million) by Country, 2020 to 2028
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America wireless brain sensors market revenue (US$ Million) by Country, 2020 to 2028
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa wireless brain sensors market revenue (US$ Million) by Country, 2020 to 2028
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for global wireless brain sensors market
To receive industry overview and future trends wireless brain sensors market
To analyze the wireless brain sensors market drivers and challenges
To get information on wireless brain sensors market size value (US$ Mn) forecast till 2028
Major Investments, Mergers & Acquisition of wireless brain sensors market industry
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InsightAce Analytic Pvt. Ltd.
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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