Brain Health Devices Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities

The Brain Health Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Brain Health Devices Market?
Remarkable growth has been observed in the market size of brain health devices in the past few years. It is anticipated that from 2024's $11.07 billion, it will rise to $11.9 billion in 2025, with a compound annual growth rate(CAGR) of 7.5%. This impressive growth during the historic period is due to factors such as rising prevalence of neurological disorders, increase in the aged population, expansion of diagnostic centers and hospitals, heightened public awareness about neurological diseases, and enhanced government support.

Over the coming years, the brain health devices market is poised for robust growth, with projections indicating that the market will reach $15.73 billion by 2029, expanding at a compound annual growth rate (CAGR) of 7.2%. The growth during this forecast period can be traced back to factors such as improved reimbursement policies, a higher incidence of sleep disorders, an increased emphasis on personalized medicine, a growing demand for non-invasive procedures, and an increase in regulatory approvals for new gadgets. Predominant trends for the forecast period encompass technological progress, the incorporation of artificial intelligence, the integration of mobile health applications, the creation of tailored brain health products, and advancements in brain monitoring devices.

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What Are the Different Brain Health Devices Market Segments?
The brain health devices market covered in this report is segmented -

1) By Device Type: Magnetic Resonance Imaging, Magneto Encephalogram, Computed Tomography, Transcranial Doppler Device, Other Device Types
2) By Procedure: Invasive, Non-Invasive
3) By Application: Sleep Disorders, Accidental Injuries, Alzheimer's Disease, Epilepsy, Stroke, Other Applications
4) By End-User: Hospitals And Clinics, Diagnostic Imaging Centers, Homecare Settings, Assisted Living Facilities, Other End-Users

Subsegments:
1) By Magnetic Resonance Imaging (MRI): Functional MRI (fMRI), Diffusion Tensor Imaging (DTI), MRI Spectroscopy
2) By Magnetoencephalogram (MEG): Whole-Head MEG Systems, Cooled MEG Systems
3) By Computed Tomography (CT): Standard CT Scanners, CT Angiography, High-Resolution CT Scanners
4) By Transcranial Doppler Device: Handheld Transcranial Doppler Devices, Portable Transcranial Doppler Devices
5) By Other Device Types: Electroencephalogram (EEG) Devices, Positron Emission Tomography (PET) Scanners, Near-Infrared Spectroscopy (NIRS) Devices

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What Are the Primary Drivers Shaping the Brain Health Devices Market?
The growth of the brain health devices market is believed to be driven by the rising occurrence of neurological disorders. Such medical conditions, which impact the nervous system including the brain, spinal cord, and nerves, can result in diverse cognitive, motor, and sensory dysfunctions. The aging population and escalating rates of chronic illnesses, such as diabetes and hypertension, are primarily responsible for the increased prevalence of these disorders. Plus, factors such as environmental and lifestyle aspects, advancements in diagnostic methods, and genetic predispositions also add to the growing case numbers. Brain health devices, which monitor brain activity and administer targeted therapies, are used to manage symptoms, enhance cognitive performance, and better patient outcomes. For example, a report from the US-based nonprofit, the Alzheimer's Association, in April 2024, disclosed that the number of Americans aged 65 and older diagnosed with Alzheimer's dementia grew from 6.5 million in 2022 to 6.9 million in 2024. Hence, the escalating occurrence of neurological disorders is propelling the expansion of the brain health devices market.

Which Companies Are Leading in the Brain Health Devices Market?
Major companies operating in the brain health devices market are Johnson & Johnson Services Inc., Medtronic plc, Siemens Healthineers AG, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Boston Scientific Corporation, electroCore Inc., Masimo Corporation, Integra LifeSciences Corporation, LivaNova plc, Natus Medical Incorporated, Cadwell Industries Inc., NeuroSky Inc., Neuropace Inc., Compumedics Limited, Magstim Co. Ltd., Mindmaze SA, Brain Products GmbH, Emotiv Inc., Electrical Geodesics Inc., BrainScope Company Inc., Soterix Medical Inc., Advanced Brain Monitoring Inc., Bio-Signal Group Corp., Cognionics Inc

What Are the Major Trends Shaping the Alcohol Based Disinfectants Market?
Leading companies in the brain health devices market are prioritizing the upgrade of noninvasive and user-friendly monitoring tools like brain monitoring systems. These advancements aim to enhance the precision of diagnoses, boost patient recovery, and simplify the handling of neurological conditions. The brain monitoring systems provide uninterrupted, non-invasive monitoring of brain activity, which aids in the early detection and treatment of neurological disorders. For instance, Neurosteer Inc., a medical equipment manufacturer based in the US, was given clearance by the Food and Drug Administration (FDA) for its single-channel electroencephalogram (EEG) brain monitoring platform in November 2022. This authorization allows the system to be adaptable for use in a range of clinical settings. More specifically, this platform permits continued brain monitoring in ICUs for vital interventions and promotes early detection of presymptomatic cognitive declines such as Alzheimer's, Parkinson's, and dementia in physician clinics.

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What Are the Top Revenue-Generating Geographies in the Brain Health Devices Market?
North America was the largest region in the brain health devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain health devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Brain Health Devices Market?
2. What is the CAGR expected in the Brain Health Devices Market?
3. What Are the Key Innovations Transforming the Brain Health Devices Industry?
4. Which Region Is Leading the Brain Health Devices Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the brain health devices market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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