Global Wireless Brain Sensors Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2029

                                          
Global Wireless Brain Sensors Market Report 2021: By Product (Electroencephalography (EEG) Devices, Sleep Monitoring Devices, Intracranial Pressure (ICP) Monitors, Transcranial Doppler (TCD) Devices, Others), By Application (Dementia, Epilepsy, Parkinsons Disease, Traumatic Brain Injuries, Others), By End-User (Multispecialty Hospitals, Research Institutes, Others).

The Global Wireless Brain Sensors market size was valued at USD $371.20 Million in 2020, USD $411.4 Million in 2021, forecasted to reach  USD $455.9 Million in 2022, and is projected to reach USD$ 1036.14 Million by 2030, and is anticipated to expand at a CAGR of 10.83% over the forecast period from 2020 to 2030.

Global Wireless Brain Sensors Market is the title of an upcoming report offered by Trusted Business Insights. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global wireless brain sensors market has been segmented on the basis of product, application, end-use, as well as regions and countries.Request Covid - 19 Impact

Overview:

Wireless brain sensors are devices that are used to aid in the monitoring the temperature, detecting the intracranial pressure, and record brain signaling in the form of brain waves. The essential aim of these wireless brain sensors is in securing an individual from an emergency situation. These devices are primarily used for patients experiencing conditions such as traumatic brain injury, sleep disorders, Parkinson’s disease, dementia, as well as other neurological conditions. These devices aid in the observing and monitoring of neurological deviations and offers support to improving cognitive functionalities.

Dynamics:

The increasing adoption of unhealthy lifestyle choices such as excessive smoking, and the drinking of alcohol, as well as the adoption of sedentary lifestyles by individuals across the world, which unfortunately results in the development of various chronic diseases are some of the primary factors that are expected to continue to influence the revenue growth of the global wireless brain sensors market over the next decade.

Moreover, the steady increase in the number of Traumatic Brain Injuries (TBI) which may be brought about by a sharp bump, blow, or shock to the skull that may result in the temporary or permanent impairment to an individual’s brain, is another factor that is expected to impact the future market growth of this global industry. A few of the primary causes for TBI are falls, sports injuries, domestic violence, gunshot wounds, traffic accidents, etc.

In light of the recent COVID-19 outbreak, the operations of numerous industries have been either temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global wireless brain sensors market is no different, and due to the same aforementioned reason, there has been a significant decline in the number of individuals suffering from TBIs since the start of this year.

Nonetheless, the gradual increase in the number of individuals suffering from strokes across the world due to poor lifestyle choices is also a factor that is expected to play a significant role in the revenue growth of the global wireless brain sensors market in the foreseeable future.
Segmentation of the global wireless brain sensors market is as follows:

In terms of product, the electroencephalography (EEG) devices segment accounted for the maximum number of revenue shares of the global wireless brain sensors market in 2020, and is expected to index the fastest rate of revenue growth over the next decade. This can be attributed to the growing prevalence of strokes, migraines, as well as other TBIs across the world.

On the basis of application, the others segment accounted for the highest number of revenue shares of the global wireless brain sensors market in 2020. However, the traumatic brain injuries segment is anticipated to index the fastest rate of revenue growth in the coming years.

With regards to end-use, the multispecialty hospitals segment accounted for the highest number of revenue shares of the global wireless brain sensors market in 2020, and is expected to index the fastest rate of revenue growth in the years to come.

Regional Segmentation and Analysis:

North America accounted for the highest number of revenue shares of the global wireless brain sensors market in 2020, and is expected to register the fastest rate of revenue growth over the forecast period. This can be attributed to the presence of well-established healthcare infrastructure the growing prevalence of TBIs, as well as favorable reimbursement policies in this region. The markets in the Asia Pacific region are also anticipated to register considerable revenue growth over the next decade.

Brainwear®, Enobio® are the brand covered in this Wireless Brain Sensors report.

Below are the active patents related to Wireless Brain Sensors Market.

Patent Number: US20110181418A1

Communication system for impact sensors

Abstract

Systems and methods for monitoring head-accelerations data for a plurality of athletes. An exemplary system includes a plurality of athlete-mounted sensor units that record acceleration information and wirelessly transmit the recorded acceleration information and information identifying the sensor unit, if the recorded acceleration information exceeds a predefined threshold. A base unit receives the wirelessly transmitted acceleration information and the information identifying the sensor unit and makes the received information available to at least one output device.

Type: Grant

Filed: 2011-01-19

Date of Patent: 2011-07-28

Assignee : Prevent Biometrics,

Patent Number: US20090318827A1

Body-based monitoring of brain electrical activity

Abstract

Apparatus and methods for monitoring electrical activity within the brain of a person (“brainwaves”) employing electrodes or other sensors connected or placed proximate to portions of the body below the head to develop raw signals. The raw signals are filtered to produce analysis signals including frequency components relevant to brain electrical activity while attenuating unrelated frequency components. Purposes include but are not limited to, biofeedback-based attention training, human performance training, gaming, and relaxation training. Either wired or wireless signal connections are made to electronic circuitry, typically including a digital computer, for performing signal processing and analysis functions.

Type: Grant

Filed: 2008-06-23

Date of Patent: 2009-12-24

Assignee : Freer Logic LLC

Patent Number: US20090030291A1

mplantable Wireless Sensor

Abstract

A wireless sensor for indicating a physical state within an environment includes a unitary housing defining a cavity. A structure located within the cavity of the housing has elements providing capacitance, the elements being arranged such that the distance and thereby the capacitance of the structure changes when a physical state of the environment changes. The structure has a resonant frequency based at least in part on the capacitance of the structure when in the presence of a fluctuating electromagnetic field. When the sensor is positioned within an environment and is subjected to a fluctuating electromagnetic field, the resonant frequency indicates the physical state of the environment.

Type: Grant

Filed: 2008-07-18

Date of Patent: 2009-01-29

Assignee : St Jude Medical Luxembourg Holding II SARL

Patent Number: US8326396B2

Dry electrode for detecting EEG signals and attaching device for holding the dry electrode

Abstract

An electrode for detecting EEG signals comprises a body comprising a fixture on a first end of the body, and a sensor detachably held by the fixture, wherein the body has an external thread in a portion of the body extending from the first end of the body towards a second end of the body, and the sensor has a brush-like shape with pins protruding off the body. The electrode may be held by an attaching device for holding electrodes for detecting EEG signals, the attaching device comprising a strap including a plurality of holes for accommodating electrodes and a rotary closure connecting a first end of the strap and a second end of the strap.

Type: Grant

Filed: 2010-03-24

Date of Patent: 2012-12-04

Assignee : Brain Products GmbH

Segmentation of the Global Wireless Brain Sensors Market:

By Product:

  
Electroencephalography (EEG) Devices
  
Sleep Monitoring Devices
  
Intracranial Pressure (ICP) Monitors
  
Transcranial Doppler (TCD) Devices
  
Others

By Application:

  
Dementia
  
Epilepsy
  
Parkinsons Disease
  
Traumatic Brain Injuries
  
Others

By End-User:

  
Multi-specialty Hospitals
  
Research Institutes
  
Others

Below are the leading companies profiled in this Wireless Brain Sensors Market Report:

  
Advanced Brain Monitoring, Inc.
  
Brain Products GmbH
  
Emotiv Inc
  
Hangzhou Zhongheng Electric Co.Ltd.
  
Muse
  
Neuroelectrics
  
Neuronetrix Solutions
  
NeuroSky
  
NeuroTherapeutics and Melon Inc.
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Wireless Brain Sensors market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Wireless Brain Sensors market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Wireless Brain Sensors market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Wireless Brain Sensors market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Wireless Brain Sensors market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Wireless Brain Sensors market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Wireless Brain Sensors industry?