Wireless Brain Sensors Market Share: Technological Advancements
The global wireless brain sensors market share is expected to witness significant growth in the coming years. With advancements in technology and increasing demand for remote monitoring of brain activity, the market for wireless brain sensors is poised to expand.
One of the key factors driving the market growth is the rising prevalence of neurological disorders such as epilepsy, Alzheimer's disease, and Parkinson's disease. These conditions require continuous monitoring of brain activity, which can be efficiently achieved through wireless brain sensors. Moreover, the aging population worldwide is also contributing to the increased demand for these sensors as age-related neurological disorders become more prevalent.
Additionally, the convenience offered by wireless brain sensors compared to traditional wired sensors is another factor propelling their adoption. Wireless sensors eliminate the need for cumbersome wires and electrodes attached to the scalp, providing a more comfortable experience for patients. This ease of use has led to greater acceptance among both healthcare professionals and patients.
Furthermore, technological advancements have led to the development of miniaturized and highly sensitive wireless brain sensors. These devices are These devices are capable of capturing real-time brain activity with high accuracy, revolutionizing the field of neuroscience research and paving the way for new discoveries.
The Wireless Brain Sensors Market Size was valued at USD 476.84 million in 2022, and is expected to reach USD 992.80 million by 2030, and grow at a CAGR of 9.6% over the forecast period 2023-2030.
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KEY MARKET SEGMENTATION:
By Product
- Electroencephalography (EEG) Devices
- Sleep Monitoring Devices
- Intracranial Pressure (ICP) Monitors
- Transcranial Doppler (TCD) Devices
- Others
By Application
- Dementia
- Epilepsy
- Parkinson's Disease
- Traumatic Brain Injuries
- Others
By End-Use
- Multispecialty Hospitals
- Research Institutes
- Others
Some of the major key players are as follows: Neuroelectrics, NeuroSky, Muse, Neuronetrix Solutions LLC, EMOTIV, Advanced Brain Monitoring Inc, and Other Players
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