Wireless Brain Sensors: Current Analysis and Forecast (2020-2026): Emphasis on Product (Electroencephalography (EEG) Devices, Sleep Monitoring Device, Magnetoencephalography (MEG) Devices, Transcranial Doppler (TCD) Devices, Intracranial Pressure Monitoring, Other (Accessories)), Medical Condition (Parkinson’s Disease, Alzheimer’s Disease, Sleep Disorders, Traumatic Brain Injuries, Epilepsy, Migraine, Stroke, Others), End-User (Hospitals, Diagnostic Centres, Research Institutes, Others) and Region/Country
- UNI4065913
- 197 Pages
- March 2020
- Healthcare
“Brain Sensors are majorly applied in Electroencephalography (EEG) Devices”
Based on product type the global wireless brain sensors market is bifurcated into Electroencephalography (EEG), sleep monitoring devices, magnetoencephalography (MEG), Transcranial Doppler (TCD) Devices, Intracranial Pressure (ICP) Monitors, Other (Accessories). Electroencephalography (EEG) Device segment dominated the market, generating revenue of US$ 525.07 million in 2019. Sleep Monitoring Devices are expected to witness a CAGR growth of 9.8% during the forecast period 2020-2026.
“Wireless Brain sensors are major applications to the treatment and tracking of Traumatic Brain Injuries”
Based on medical conditions, the global Wireless Brain Sensors market is segmented into Parkinson’s disease, Alzheimer’s disease, sleep disorders, traumatic brain injuries, epilepsy, migraine, Stroke and others. Application of wireless brain sensors for Traumatic Brain Injuries occupied the largest share of 24.6% in 2019. TBI contributes to worldwide death and disability more than any other traumatic insult. Epilepsy disease would witness the highest adoption of brain sensors in the years to come. The segment is expected to grow at a CAGR of 10.3% during the forecast period.
“Amongst end-user, the hospital was the highest user of Wireless Brain Sensors, accounting for 66.5% share in 2019”
Hospitals, Diagnostic Centers, Research Institutes among others were the major end-user segments of the wireless brain sensors technology. The hospital segment dominated the market in 2019 and is expected to generate revenue of US$ 1,460.18 million by 2023. However, the use of these brain sensors in Diagnostic Centres is expected to witness the highest CAGR growth of 10.1% during the analysed period.
“North America dominated the adoption of wireless brain sensors technology, generating revenue of US$ 791.43 million in 2019”
For better understanding of the overall adoption and penetration of wireless brain sensors technology, deep-dive country-level analysis was conducted for major regions/countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific) and Rest of the world. In 2019, North America was the largest market of the technology owing to the high prevalence of age-related neurological disorders and the rising old age population along with high awareness among the people. Europe and Asia-Pacific regions are expected to witness the highest CAGR of 10.0% and 9.9% respectively during the analysed period.
Competitive Landscape-Top 10 Market Players
EMOTIV Inc, Advanced Brain Monitoring, Inc., Muse, Neurosky, Neuroelectrics, Cognionics, Inc., Wearable Sensing, Bitbrain Technologies, Compumedics Neuroscan and Brain Products Gmbh are some of the prominent players operating in the Global Wireless Brain Sensors market industry. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.
Reasons to buy:
• Current and future market size from 2019 to 2026 in terms of value (US$)
• Combined analysis of deep-dive secondary research and input from primary research through Key Opinion Leaders of the industry
• Country-level details of the overall adoption of Wireless Brain Sensors market
• A quick review of overall industry performance at a glance
• In-depth analysis of key industry players
• A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
• Examination of industry attractiveness with the help of Porter’s Five Forces analysis and start-ups
• The study comprehensively covers the market across different segments and sub-segments of the technology
• Regions/countries Covered: North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific) and Rest of the world
Customization Options:
UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Wireless Brain Sensors Market can be customized to the country level or any other market segment.
1.1 Market Definition 17
1.2 Objective of the Study 17
1.3 Limitation 17
1.4 Stakeholders 17
1.5 Currency used in the Report 18
1.6 Scope of the Global Wireless Brain Sensors Market Study 18
2. RESEARCH METHODOLOGY 19
2.1 Research Methodology adopted for Global Wireless Brain Sensors Market study 19
2.1.1 Main objective of the Global Wireless Brain Sensor Market Study 20
3. REGULATORY FRAMEWORK 21
3.1 General Overview 21
3.1.1 US Regulations for Wireless Brain Sensor Devices (Wearable Devices) 21
3.1.1.1 Legal Framework for Medical Device Regulation 21
3.1.1.2 FDA Flexibility on Low-Risk Mobile Applications 22
3.1.1.3 Legal Framework for Health Data Privacy 22
3.1.2 Japan Regulations for Wearable Medical Devices 22
3.1.2.1 List of software Under Regulation 23
3.1.2.2 Legal Framework for Health Data Privacy 23
3.1.3 European Regulations for Wearable Medical Devices 24
3.1.3.1 EU Strict Rules on Medical Device Software 24
3.1.3.2 Legal Framework for Health Data Privacy 25
4. INDUSTRY PERFORMANCE 27
5. EXECUTIVE SUMMARY 28
6. MARKET OVERVIEW 31
6.1 Introduction 31
6.2 Market Dynamics 31
6.2.1 Market Drivers 32
6.2.1.1 Accelerating Geriatric Population and Related Neurological Disorders 32
6.2.1.2 Rising Prevalence of Neurological Disorders and Traumatic Brain Injuries 34
6.2.1.3 Increasing Stress Level 34
6.2.1.4 Growing Technological Advancements 36
6.2.1.5 Rising Healthcare Expenditure and Health-Conscious Personals 37
6.2.1.6 Increasing Penetration of Smartphone-Based Healthcare Applications 38
6.2.2 Market Restraints 40
6.2.2.1 Data Security Issues 40
6.2.3 Opportunities in Wireless Brain Sensor Devices 43
6.2.3.1 Increasing demand for connected devices 43
6.2.3.2 Increased Ease of Use in Neurodevelopmental Populations 43
6.2.3.3 Integration into Developmentally Informative Research Designs 44
7.1 Common Applications of EEG Research on Humans 45
7.1.1 Neuromarketing 45
7.1.2 Human Factors 45
7.1.3 Social Interaction 45
7.1.4 Psychology and Neuroscience 46
7.1.5 Clinical and Psychiatric Studies 46
7.1.6 Brain-Computer Interfaces (BCI) 46
7.2 Real-World Applications 46
7.2.1 Bosses read workers' minds 46
7.2.2 Playing Video Games 47
7.2.3 EEG Derived Neuronal Dynamics during Meditation 47
8. KEY MARKET INDICATORS 48
8.1 Demand Side Analysis 48
8.1.1 Some of the Key Facts about Aging Population 48
8.1.2 Neurological Conditions Associated with Aging 49
8.1.2.1 Some of the key facts about Dementia 49
8.2 Supply Side Analysis 51
8.2.1 Top Product Launch 51
8.2.2 Top Partnerships 53
8.2.3 Top Business Expansion & Investment 53
8.2.4 Value Chain Analysis of Wireless Brain Sensors Market 55
8.2.5 List of Start-Up under Neurotechnology Sector 56
9. MARKET INSIGHTS BY PRODUCT 58
9.1 General Overview 58
9.1.1 Electroencephalography (EEG) Devices 60
9.1.2 Sleep Monitoring Device 61
9.1.3 Magnetoencephalography (MEG) Devices 62
9.1.4 Transcranial Doppler (TCD) Devices 64
9.1.5 Intracranial Pressure Monitoring 65
9.1.6 Other (Accessories) 67
10. MARKET INSIGHTS BY MEDICAL CONDITION 69
10.1 General Overview 69
10.1.1 Parkinson’s Disease 70
10.1.2 Alzheimer’s Disease 72
10.1.3 Sleep Disorders 73
10.1.4 Traumatic Brain Injuries 74
10.1.5 Epilepsy 76
10.1.6 Migraine 78
10.1.7 Stroke 80
10.1.8 Others 81
11. MARKET INSIGHTS, BY END-USER 83
11.1 General Overview 83
11.1.1 Hospitals 84
11.1.2 Diagnostic Centres 85
11.1.3 Research Institutes 86
11.1.4 Others 87
12. MARKET INSIGHTS BY REGION/COUNTRY 88
12.1 General Overview 88
12.2 North America Wireless Brain Sensors Market (2018-2026) 90
12.2.1 North America Wireless Brain Sensors Market, by Product Type 91
12.2.2 North America Wireless Brain Sensors Market, by Medical Condition 91
12.2.3 North America Wireless Brain Sensors Market, by End-Users 92
12.2.4 North America Wireless Brain Sensors Market, by Country 92
12.2.4.1 US Wireless Brain Sensors Market (2019-2026) 93
12.2.4.1.1 US Wireless Brain Sensors Market, by Product Type 95
12.2.4.1.2 US Wireless Brain Sensors Market, by Medical Condition 96
12.2.4.1.3 US Wireless Brain Sensors Market, by End-Users 96
12.2.4.2 Canada Wireless Brain Sensors Market (2018-2026) 97
12.2.4.2.1 Key Findings on Canada Healthcare Spending, 2018 98
12.2.4.2.2 Key Findings on Hospital sector Spending in Canada, 2018 99
12.2.4.2.3 Canada Wireless Brain Sensors Market, by Product Type 100
12.2.4.2.4 Canada Wireless Brain Sensors Market, by Medical Condition 100
12.2.4.2.5 Canada Wireless Brain Sensors Market, by End-Users 101
12.2.4.3 Rest of the NA Wireless Brain Sensors Market (2018-2026) 101
12.2.4.3.1 Rest of the NA Wireless Brain Sensors Market, by Product Type 103
12.2.4.3.2 Rest of the NA Wireless Brain Sensors Market, by Medical Condition 103
12.2.4.3.3 Rest of the NA Wireless Brain Sensors Market, by End-Users 104
12.3 Europe Wireless Brain Sensors Market (2018-2026) 104
12.3.1 Europe Wireless Brain Sensors Market, by Product Type 106
12.3.2 Europe Wireless Brain Sensors Market, by Medical Condition 106
12.3.3 Europe Wireless Brain Sensors Market, by End-Users 107
12.3.4 Europe Wireless Brain Sensors Market, by Country 107
12.3.4.1 Germany Wireless Brain Sensors Market (2018-2026) 108
12.3.4.1.1 Germany Wireless Brain Sensors Market, by Product Type 109
12.3.4.1.2 Germany Wireless Brain Sensors Market, by Medical Condition 109
12.3.4.1.3 Germany Wireless Brain Sensors Market, by End-Users 110
12.3.4.2 United Kingdom Wireless Brain Sensors Market (2018-2026) 110
12.3.4.2.1 United Kingdom Wireless Brain Sensors Market, by Product Type 112
12.3.4.2.2 United Kingdom Wireless Brain Sensors Market, by Medical Condition 113
12.3.4.2.3 United Kingdom Wireless Brain Sensors Market, by End-Users 113
12.3.4.3 Spain Wireless Brain Sensors Market (2020-2026) 114
12.3.4.3.1 Spain Wireless Brain Sensors Market, by Product Type 115
12.3.4.3.2 Spain Wireless Brain Sensors Market, by Medical Condition 116
12.3.4.3.3 Spain Wireless Brain Sensors Market, by End-Users 116
12.3.4.4 France Wireless Brain Sensors Market (2018-2026) 117
12.3.4.4.1 France Wireless Brain Sensors Market, by Product Type 118
12.3.4.4.2 France Wireless Brain Sensors Market, by Medical Condition 118
12.3.4.4.3 France Wireless Brain Sensors Market, by End-Users 119
12.3.4.5 Italy Wireless Brain Sensors Market (2019-2026) 119
12.3.4.5.1 Italy Wireless Brain Sensors Market, by Product Type 120
12.3.4.5.2 Italy Wireless Brain Sensors Market, by Medical Condition 121
12.3.4.5.3 Italy Wireless Brain Sensors Market, by End-Users 121
12.3.4.6 Rest of Europe Wireless Brain Sensors Market (2018-2026) 122
12.3.4.6.1 Rest of Europe Wireless Brain Sensors Market, by Product Type 123
12.3.4.6.2 Rest of Europe Wireless Brain Sensors Market, by Medical Condition 123
12.3.4.6.3 Rest of Europe Wireless Brain Sensors Market, by End-Users 124
12.4 Asia-Pacific Wireless Brain Sensors Market (2018-2026) 124
12.4.1 Asia-Pacific Wireless Brain Sensors Market, by Product Type 126
12.4.2 Asia-Pacific Wireless Brain Sensors Market, by Medical Condition 126
12.4.3 Asia-Pacific Wireless Brain Sensors Market, by End-Users 127
12.4.4 Asia-Pacific Wireless Brain Sensors Market, by Country 127
12.4.4.1 China Wireless Brain Sensors Market (2018-2026) 128
12.4.4.1.1 China Wireless Brain Sensors Market, by Product Type 129
12.4.4.1.2 China Wireless Brain Sensors Market, by Medical Condition 130
12.4.4.1.3 China Wireless Brain Sensors Market, by End-Users 130
12.4.4.2 India Wireless Brain Sensors Market (2018-2026) 131
12.4.4.2.1 India Wireless Brain Sensors Market, by Product Type 132
12.4.4.2.2 India Wireless Brain Sensors Market, by Medical Condition 132
12.4.4.2.3 India Wireless Brain Sensors Market, by End-Users 133
12.4.4.3 Japan Wireless Brain Sensors Market (2018-2026) 133
12.4.4.3.1 Changing Demographic Structure of Japan 135
12.4.4.3.2 Japan Wireless Brain Sensors Market, by Product Type 136
12.4.4.3.3 Japan Wireless Brain Sensors Market, by Medical Condition 136
12.4.4.3.4 Japan Wireless Brain Sensors Market, by End-Users 137
12.4.4.4 Australia Wireless Brain Sensors Market (2018-2026) 137
12.4.4.4.1 Australia Wireless Brain Sensors Market, by Product Type 139
12.4.4.4.2 Australia Wireless Brain Sensors Market, by Medical Condition 139
12.4.4.4.3 Australia Wireless Brain Sensors Market, by End-Users 140
12.4.4.5 South Korea Wireless Brain Sensors Market (2019-2026) 140
12.4.4.5.1 South Korea Wireless Brain Sensors Market, by Product Type 142
12.4.4.5.2 South Korea Wireless Brain Sensors Market, by Medical Condition 142
12.4.4.5.3 South Korea Wireless Brain Sensors Market, by End-Users 143
12.4.4.6 Rest of APAC Wireless Brain Sensors Market (2018-2026) 143
12.4.4.6.1 Rest of APAC Wireless Brain Sensors Market, by Product Type 144
12.4.4.6.2 Rest of APAC Wireless Brain Sensors Market, by Medical Condition 145
12.4.4.6.3 Rest of APAC Wireless Brain Sensors Market, by End-Users 145
12.5 Rest of World Wireless Brain Sensors Market (2018-2026) 146
12.5.1.1.1 Rest of World Wireless Brain Sensors Market, by Product Type 148
12.5.1.1.2 Rest of World Wireless Brain Sensors Market, by Medical Condition 148
12.5.1.1.3 Rest of World Wireless Brain Sensors Market, by End-Users 149
13. COMPETITIVE SCENARIO 150
13.1 Porter’s Five forces analysis 150
13.1.1 Bargaining Power of Buyers 150
13.1.2 Bargaining power of Supplier 151
13.1.3 Threat of new entrants 151
13.1.4 Availability of Substitute 151
13.1.5 Industry Rivalry 152
14. TOP COMPANY PROFILES 153
14.1 EMOTIV Inc 153
14.1.1 Key Facts 153
14.1.2 Business Description 153
14.1.3 SWOT Analysis 155
14.1.4 Recent Developments 155
14.1.4.1 Product Launches 155
14.1.4.2 Partnerships 155
14.1.4.3 Business Expansions and Investment 156
14.2 Neuroelectrics 157
14.2.1 Key Facts 157
14.2.2 Business Description 157
14.2.3 Key Product/Services Offerings 157
14.2.4 Growth Strategy 158
14.2.5 SWOT Analysis 159
14.2.6 Recent Developments 160
14.2.6.1 Partnerships 160
14.3 Neuroscan 161
14.3.1 Key Facts 161
14.3.2 Business Description 161
14.3.3 Key Product/Services Offerings 162
14.3.4 Growth Strategy 163
14.3.5 SWOT Analysis 164
14.3.6 Compumedics Neuroscan Key Financials 165
14.3.6.1 Revenue Split, by Region and Segment 166
14.4 Wearable Sensing 167
14.4.1 Key Facts 167
14.4.2 Business Description 167
14.4.3 Growth Strategy 168
14.4.4 SWOT Analysis 169
14.4.5 Recent Developments 169
14.4.5.1 Business Expansions and Investment 169
14.5 Advanced Brain Monitoring, Inc. 170
14.5.1 Key Facts 170
14.5.1.1 Business Description 170
14.5.2 Key Product/Services Offerings 171
14.5.3 Growth Strategy 171
14.5.4 SWOT Analysis 172
14.5.5 Recent Developments 172
14.5.5.1 Product Launches 172
14.5.5.2 Business Expansions and Investment 173
14.6 NeuroSky 174
14.6.1 Business Description 174
14.6.2 Key Product/Services Offerings 174
14.6.3 Growth Strategy 175
14.6.4 SWOT Analysis 176
14.6.5 Recent Developments 176
14.6.5.1 Product Launches 176
14.7 Bitbrain Technologies 177
14.7.1 Business Description 177
14.7.2 Key Product/Services Offerings 177
14.7.3 SWOT Analysis 179
14.7.4 Recent Developments 179
14.7.4.1 Product Launches 179
14.8 Muse 180
14.8.1 Key Facts 180
14.8.2 Business Description 180
14.8.3 Key Product/Services Offerings 180
14.8.4 Growth Strategy 181
14.8.5 SWOT Analysis 182
14.8.6 Recent Developments 182
14.8.6.1 Product Launches 182
14.8.6.2 Partnerships 183
14.8.6.3 Business Expansions and Investment 183
14.9 Brain Products Gmbh 184
14.9.1 Key Facts 184
14.9.2 Business Description 184
14.9.3 Key Product/Services Offerings 184
14.9.4 Growth Strategy 185
14.9.5 SWOT Analysis 186
14.9.6 Recent Developments 186
14.9.6.1 Product Launches 186
14.10 Cognionics 188
14.10.1 Key Facts 188
14.10.2 Business Description 188
14.10.3 Key Product/Services Offerings 188
14.10.4 Growth Strategy 189
14.10.5 SWOT Analysis 190
14.10.6 Recent Developments 191
14.10.6.1 Product Launches 191
14.10.6.2 Partnerships 191
TABLE 2 Classification of CE Devices according to CE marking 26
TABLE 3 Global Smartphone User, by Region 2016-2021 (in million) 29
TABLE 4 Prevalence of dementia of the elderly by age group in Japan: 2015 33
TABLE 5 Global Top 10 Most Health-Conscious Country 2018 37
TABLE 6 Top Country with Current and Projected Per Capita Healthcare Spending and GDP Share (%) 38
TABLE 7 Global Smartphone User, by Region 2016-2021 (in million) 39
TABLE 8 List of Top 10 Biggest Healthcare Data Breaches of 2019 41
TABLE 9 List of Major Healthcare Data Breaches 2019 42
TABLE 10 Global Current & Projected Demand of Connected Devices, by Type (in billion) 43
TABLE 11 Top Product Launches 51
TABLE 12 Top Partnerships 53
TABLE 13 Top Business Expansion & Funding 53
TABLE 14 Projections of Total Numbers of Americans Age ≥65 Years with Alzheimer's Dementia by State 94
TABLE 15 Prevalence of Dementia Prevalence of Dementia by 3 Scenarios in Japan: 2020-2070 134
TABLE 16 Prevalence, Mortality, Burden and Total Burden Cost of Neurological Disorders in Australia – 2017 137
TABLE 17 EMOTIV Inc Key Facts 153
TABLE 18 Product segmentation of EMOTIV Inc 153
TABLE 19 IMOTIV Inc Growth Strategy 154
TABLE 20 EMOTIV Inc, Product Launches 155
TABLE 21 EMOTIV Inc Partnerships 155
TABLE 22 EMOTIV Inc, Investment and Expansion 156
TABLE 23 Nuroelectrics Key Facts 157
TABLE 24 Product segmentation of Neuroelectrics 157
TABLE 25 Neuroelectrics Growth Strategy 158
TABLE 26 Neuroelectrics Partnerships 160
TABLE 27 Neuroscan Key Facts 161
TABLE 28 Product segmentation of Neuroscan 162
TABLE 29 Compumedics Neuroscan Growth Strategy 163
TABLE 30 Wearable Sensing Key Facts 167
TABLE 31 Product segmentation of Wearable Sensing 167
TABLE 32 Wearable Sensing Growth Strategy 168
TABLE 33 Wearable Sensing Business Expansions and Investment 169
TABLE 34 Advanced Brain Monitoring, Inc. Key Facts 170
TABLE 35 Product segmentation of Advanced Brain Monitoring, Inc. 171
TABLE 36 Advanced Brain Monitoring, Inc. Growth Strategy 171
TABLE 37 Advanced Brain Monitoring, Inc. Product Launches 172
TABLE 38 Advanced Brain Monitoring, Inc. Business Expansions and Investment 173
TABLE 39 NeuroSky Key Facts 174
TABLE 40 Product segmentation of NeuroSky 174
TABLE 41 NeuroSky Growth Strategy 175
TABLE 42 NeuroSky Product Launches 176
TABLE 43 Key Facts 177
TABLE 44 Product segmentation of Bitbrain Technologies 177
TABLE 45 Bitbrain Technologies Product Launches 179
TABLE 46 Muse Key Facts 180
TABLE 47 Product segmentation of Muse 180
TABLE 48 Muse, growth strategy 181
TABLE 49 Muse Product Launches 182
TABLE 50 Muse Partnerships 183
TABLE 51 Muse Business Expansions and Investment 183
TABLE 52 Brain Products Gmbh Key Facts 184
TABLE 53 Product segmentation of Brain Products Gmbh 184
TABLE 54 Brain Products Gmbh, growth strategy 185
TABLE 55 Brain Products Gmbh Product Launches 186
TABLE 56 Cognionics Key Facts 188
TABLE 57 Product segmentation of Cognionics 188
TABLE 58 Cognionics, growth strategy 189
TABLE 59 Cognionics Product Launches 191
TABLE 60 Cognionics Partnerships 191
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