The global wireless brain sensors market size is expected to reach USD 743.3 million by 2027, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. The increasing geriatric population, technological advancements, and rising prevalence of Traumatic Brain Injuries are the key factors driving the market.
Various
initiatives undertaken by public and private organizations to raise awareness
regarding TBIs are anticipated to boost the market growth. For instance, Brain
Injury Awareness Month organized in the month of March, led by the
Brain Injury Association of America, provides an opportunity to raise awareness
regarding the lifetime effects of TBI. It is a national public awareness
campaign that emphasizes the importance of acknowledging the impact of TBIs.
The theme for the 2018 to 2020 campaign was “Change Your Mind.” This campaign
educates the public about the prevalence of the injury and the needs of people
with TBIs and their families. The goals of this campaign are primarily focused
on:
- Promoting the
available support systems to people suffering from TBIs
- Empowering
brain injury victims and their caregivers
According
to the CDC, prominent causes of TBIs include assault, sports injuries, falls
among older adults, and road accidents. The CDC is continuously taking efforts
to minimize accidental injuries by improving sports concussion culture,
preventing falls in older adults, and increasing vehicle safety. For instance,
the CDC has introduced a new educational gaming app that educates children aged
6 to 8 years about basic concussion safety. This app shows kids how the brain
can get injured in different ways during sports activities, and how important
it is to tell a parent, coach, or other adults when the injury occurs. Since
wireless brain sensors are highly recommended for the treatment of TBIs, thus,
such awareness and initiatives are anticipated to promote market growth.
Full Research Report On Wireless Brain Sensors Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/wireless-brain-sensors-market
Wireless Brain
Sensors Market Report Highlights
- In terms of
revenue, the Electroencephalography devices segment held the
largest market share in 2019. The presence of several players offering
this product is the major factor driving the segment over the forecast
period
- The
multispecialty hospitals segment is anticipated to witness the fastest
growth rate over the forecast period owing to the increasing number of
hospitals across the globe
- In Asia
Pacific, the market is anticipated to witness the fastest growth over the
forecast period owing to the rising geriatric population and the presence
of many local players in this region.
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Wireless Brain
Sensors Market Segmentation
Grand View Research has
segmented the global wireless brain sensors market on the basis of product, application,
end-use, and region:
Wireless Brain
Sensors Product Outlook (Revenue, USD Million, 2015 - 2027)
- Electroencephalography (EEG) Devices
- Sleep Monitoring Devices
- Intracranial Pressure (ICP) Monitors
- Transcranial Doppler (TCD) Devices
- Others
Wireless Brain
Sensors Application Outlook (Revenue, USD Million, 2015 - 2027)
- Dementia
- Epilepsy
- Parkinson's Disease
- TBIs
- Others
Wireless Brain
Sensors End-use Outlook (Revenue, USD Million, 2015 - 2027)
- Multispecialty Hospitals
- Research Institutes
- Others
Wireless Brain
Sensors Regional Outlook (Revenue, USD Million, 2015 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
List of Key
Players of Wireless Brain Sensors Market
- EMOTIV
- Advanced Brain Monitoring, Inc.
- NeuroSky
- Neuroelectrics
- Neuronetrix Solutions, LLC
- Muse
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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