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Global Wireless Brain Sensor Market to reach USD 743 million by 2027

Global Wireless Brain Sensor Market Size study, by Product (Electroencephalography (EEG) devices, Sleep Monitoring Devices, Magnetoencephalography (MEG) devices, Transcranial Doppler (TCD) devices, Intracranial pressure (ICP) monitors, Accessories), by Application (Dementia, Epilepsy, Stroke, Parkinson's disease, Sleep Disorders, Traumatic Brain Injuries, Others), by End-Use (Research institutes, Multi-specialty hospitals, Diagnostic centers, Others) and Regional Forecasts 2020-2027

Product Code: HALHI_83739474
Publish Date: 6-12-2020
Page: 200

Global Wireless Brain Sensor Market is valued at approximately USD 360 million in 2019 and is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2020-2027. Wireless brain sensor is a type of device that monitor intracranial temperature and pressure within the patient’s skull suffering from severe traumatic brain injuries, even patients with Parkinson diseases (PD). The prime aim of the wireless brain sensor is of safeguarding the patient from emergency situations. These devices often help in monitoring and observing the neurological deviations and offer support for enhancing the cognitive functionalities. Also, the accessibility of these sensor is quite easy from a remote area via a wireless connectivity and can incorporated with smart devices, such as smartphones, tablets, and other. Consequently, it can be monitored intermittently from a homecare environment thus creating the device more cost-efficient, thereby aiding the market growth worldwide. Furthermore, the surge in incidence of brain related disorder due to growing geriatric population, along with growing technological advancements in sensor are the few factors responsible for the CAGR of the market during the forecast period. According to the study of Global Burden of Disease 2015, the global prevalence of Parkinson’s diseases is approximately 6.2 million people and it would reach nearly 13 million people with Parkinson’s by the year 2040. Also, numerous Parkinson’s Disease Foundation reveals that roughly 60,000 Americans are diagnosed with PD each year. Thus, the rise in cases of brain related disorder is likely to promote the adoption of the wireless brain sensor all over the world. However, the stringent validation and safety regulations as well as compatibility issues regarding the product are the major factors that restricts the market growth over the forecast period of 2020-2027.

The regional analysis of the global Wireless Brain Sensor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in number of neurological disorders, along with the large presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in in burden of brain-related disorder due to growing geriatric population, coupled with surging adoption wireless brain sensor across developing countries, such as China and India, would create lucrative growth prospects for the Wireless Brain Sensor market across the Asia-Pacific region.

Major market player included in this report are:
Emotiv Inc.
Advanced Brain Monitoring, Inc.
NeuroSky, Inc.
Brain Products GmbH
Evolent Health
Neuronetrix Solutions, LLC
Hangzhou Zhongheng Electric Co., Ltd.
Natus Medical Incorporated
Koninklijke Philips N.V.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Electroencephalography (EEG) devices
Sleep Monitoring Devices
Magnetoencephalography (MEG) devices
Transcranial Doppler (TCD) devices
Intracranial pressure (ICP) monitors

By Application:
Parkinson’s disease
Sleep Disorders
Traumatic Brain Injuries

By End-Use:
Research institutes
Multi-specialty hospitals
Diagnostic centers

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Wireless Brain Sensor Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Wireless Brain Sensor Market, by Region, 2018-2027 (USD Million)
1.2.2. Wireless Brain Sensor Market, by Product, 2018-2027 (USD Million)
1.2.3. Wireless Brain Sensor Market, by Application, 2018-2027 (USD Million)
1.2.4. Wireless Brain Sensor Market, by End-Use, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wireless Brain Sensor Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Wireless Brain Sensor Market Dynamics
3.1. Wireless Brain Sensor Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Wireless Brain Sensor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Wireless Brain Sensor Market, by Product
5.1. Market Snapshot
5.2. Global Wireless Brain Sensor Market by Product, Performance – Potential Analysis
5.3. Global Wireless Brain Sensor Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Wireless Brain Sensor Market, Sub Segment Analysis
5.4.1. Electroencephalography (EEG) devices
5.4.2. Sleep Monitoring Devices
5.4.3. Magnetoencephalography (MEG) devices
5.4.4. Transcranial Doppler (TCD) devices
5.4.5. Intracranial pressure (ICP) monitors
5.4.6. Accessories
Chapter 6. Global Wireless Brain Sensor Market, by Application
6.1. Market Snapshot
6.2. Global Wireless Brain Sensor Market by Application, Performance – Potential Analysis
6.3. Global Wireless Brain Sensor Market Estimates & Forecasts by Application 2017-2027 (USD Million)
6.4. Wireless Brain Sensor Market, Sub Segment Analysis
6.4.1. Dementia
6.4.2. Epilepsy
6.4.3. Stroke
6.4.4. Parkinson’s disease
6.4.5. Sleep Disorders
6.4.6. Traumatic Brain Injuries
6.4.7. Others
Chapter 7. Global Wireless Brain Sensor Market, by End-Use
7.1. Market Snapshot
7.2. Global Wireless Brain Sensor Market by End-Use – Potential Analysis
7.3. Global Wireless Brain Sensor Market Estimates & Forecasts by End-Use 2017-2027 (USD Million)
7.4. Wireless Brain Sensor Market, Sub Segment Analysis
7.4.1. Research institutes
7.4.2. Multi-specialty hospitals
7.4.3. Diagnostic centers
7.4.4. Others
Chapter 8. Global Wireless Brain Sensor Market, Regional Analysis
8.1. Wireless Brain Sensor Market, Regional Market Snapshot
8.2. North America Wireless Brain Sensor Market
8.2.1. U.S. Wireless Brain Sensor Market Product breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 End-Use breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Wireless Brain Sensor Market
8.3. Europe Wireless Brain Sensor Market Snapshot
8.3.1. U.K. Wireless Brain Sensor Market
8.3.2. Germany Wireless Brain Sensor Market
8.3.3. France Wireless Brain Sensor Market
8.3.4. Spain Wireless Brain Sensor Market
8.3.5. Italy Wireless Brain Sensor Market
8.3.6. Rest of Europe Wireless Brain Sensor Market
8.4. Asia-Pacific Wireless Brain Sensor Market Snapshot
8.4.1. China Wireless Brain Sensor Market
8.4.2. India Wireless Brain Sensor Market
8.4.3. Japan Wireless Brain Sensor Market
8.4.4. Australia Wireless Brain Sensor Market
8.4.5. South Korea Wireless Brain Sensor Market
8.4.6. Rest of Asia Pacific Wireless Brain Sensor Market
8.5. Latin America Wireless Brain Sensor Market Snapshot
8.5.1. Brazil Wireless Brain Sensor Market
8.5.2. Mexico Wireless Brain Sensor Market
8.6. Rest of The World Wireless Brain Sensor Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Emotiv Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Advanced Brain Monitoring, Inc.
9.2.3. NeuroSky, Inc.
9.2.4. Neuroelectrics
9.2.5. Brain Products GmbH
9.2.6. Evolent Health
9.2.7. Neuronetrix Solutions, LLC
9.2.8. Hangzhou Zhongheng Electric Co., Ltd.
9.2.9. Natus Medical Incorporated
9.2.10. Koninklijke Philips N.V.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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