The research report on ‘global wireless brain sensor market’ offers substantial information concerning this business vertical in terms of growth stimulants, hindering factors, and other expansion trends which are likely to impact the dynamics of this business domain.
The research report on ‘global wireless brain sensor market’ offers substantial information concerning this business vertical in terms of growth stimulants, hindering factors, and other expansion trends which are likely to impact the dynamics of this business domain. The document also sculpts the industry segmentations such as product varieties, application reach, and regional scope to draw conclusive information. Apart from this, it elaborates on the competitive ambit by delivering a detailed SWOT assessment of the various companies operating in this business space.
According to reliable predictions, global wireless brain sensor market had reached a valuation of USD 360 million in the year 2019 and is reckoned to witness a y-o-y growth rate of 9.5% between 2020 and 2027. The growth can be credited to growing elderly population, high occurrence of brain-related disorders, and robust technological advancements in this business domain.
For those unversed, a wireless brain sensor is a device that keeps track of the intracranial temperature as well as the pressure within a skull of a patient suffering from serious brain injuries. It is also used to monitor the brain functions among individuals with Parkinson’s disease and help in keeping track of the neurological deviations for improving the cognitive health.
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A wireless brain sensor is known to be quite accessible from a remote area by using a wireless connection. The device can also be integrated with smart devices such as tablets, smartphones, and others. It can be monitored remotely in a homecare environment, further allowing the product to be relatively cost-efficient, which in turn is paving the way for the growth of global wireless brain sensor market size.
Citing an instance, the study of Global Burden of Disease 2015 states that around 6.2 million people were recorded suffering from Parkinson’s disease in the year 2015, which is slated to reach approximately 13 million by the year 2040. Thus, increased pervasiveness of brain-related disorders owing to rising geriatric population and robust advancements in sensor technologies are stimulating global wireless brain sensor industry outlook.
On the contrary, strict regulatory scenario and several compatibility issues associated with a wireless brains sensor could potentially act as a bottleneck to the market expansion.
A summary of the regional landscape
Considering the geographical reach, global wireless brain sensor industry is segmented into North America, Europe, Latin America, Asia-Pacific, and rest of the world. Among these, estimates cite that North America currently accounts for the largest market share, in terms of revenue, and is likely to display similar growth trends in the forthcoming years.
Rising prevalence of neurological disorders coupled with high concentration of leading companies have augmented the demand for wireless brain sensors, thereby favoring the overall market scenario in North America.
Meanwhile, Asia-Pacific is also expected to develop as a key revenue generator for worldwide wireless brain sensor industry by 2025, owing to growing occurrence of brain-related disorders and widespread adoption of the product across India and China.
To access a sample pages of this report titled “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” in detail along with the table of contents, please click the link below:
https://www.marketstudyreport.com/reports/global-wireless-brain-sensor-market-size-research
Global Wireless Brain Sensor Market by Product Type (Revenue, USD Million, 2017-2027)
- Accessories
- Intracranial Pressure (ICP) Monitors
- Transcranial Doppler (TCD) Devices
- Magnetoencephalography (MEG) Devices
- Sleep Monitoring Devices
- Electroencephalography (EEG) Devices
Global Wireless Brain Sensor Market by Application Reach (Revenue, USD Million, 2017-2027)
- Traumatic Brain Injuries
- Sleep Disorders
- Parkinson’s Disease
- Stroke
- Epilepsy
- Dementia
- Others
Global Wireless Brain Sensor Market Regional Scope (Revenue, USD Million, 2017-2027)
North America
- Canada
- U.S.
Europe
- Italy
- Spain
- France
- U.K.
- Germany
- Rest of Europe
Asia-Pacific
- South Korea
- Australia
- Japan
- China
- India
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
Rest of the World
Global Wireless Brain Sensor Market Competitive Terrain (Revenue, USD Million, 2017-2027)
- Koninklijke Philips N.V.
- Natus Medical Incorporated
- Hangzhou Zhongheng Electric Co. Ltd.
- Neuronetrix Solutions LLC
- Evolent Health Inc.
- Brain Products GmbH
- Neuroelectrics
- NeuroSky Inc.
- Advanced Brain Monitoring Inc.
- Emotiv Inc.
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