Wearable EEG Devices Market Synopsis:
Wearable EEG Devices Market Size Was Valued at USD 122.1 Million in 2023, and is Projected to Reach USD 299.41 Million by 2032, Growing at a CAGR of 10.48 % From 2024-2032.
The Wearable EEG Devices Market relates to that part of medical and consumer electronics specializing in electroencephalography (EEG) in the form of wearable, easy to use devices. These wearables are used in clinical analysis, diseases and disorders identification, scientific studies and in personal health/fitness monitoring, especially for real-time monitoring of the brain activity with increased comfort as compared to conventional EEG configurations.
The growth of wearable EEG devices market has been growing rapidly at the global level due to the increasing understanding of neurological disorder health and developing technology in medical devices industry. These devices are versatile, user friendly and can be easily transported from one patient to another, and therefore are highly embraced by both the providers and the end consumers. They are used in clinical practice, covering a wide range of pathologies, including epilepsy, sleep disorders, brain injuries, as well as cognitive functions enhancement, and meditation.
This market is also benefiting from the rising incidence of neurological disease and the enhanced need for home care healthcare monitoring solutions. Various new inventions in research and development have shown an increased incorporation of modern and highly accurate wearable EEG devices with connectivity attributes, new mobile application compatibility, better looks, and feel, which have made them more attractive in the market.
Wearable EEG Devices Market Trend Analysis:
Rising Integration of AI and Cloud-Based EEG Solutions
- The widely detected trend in the growth section of the wearable EEG devices market is the utilization of artificial intelligence and cloud analytics within the devices. Artificial technologies such as AI algorithms are improving the signal analysis of brainwaves, detecting a variety of conditions and prescribetailed treatment plans. Furthermore cloud connectivity enables data exchange in real time and remote access, thus these devices are well suitable for telemedicine.There has been observed the emergence of mobile EEG headsets that manufacturers are specifically inclined towards creating as smart devices equipped with innovative software features. These solutions are revolutionizing neurological disorders’ treatment, and opening the gate to a new world of integrated healthcare technologies.
Expanding Applications in Non-Medical Sectors
- It has been said that it is a large opportunity for wearable EEG devices in non-medical fields such as education, sports, and gaming. They are more and more utilized for brain boosting, stress relief or performance enhancement. For example, sports people are expanding the use of EEG pieces of equipment to determine their mental condition and to train concentration; scholars are utilizing these gadgets to study students’ learning dynamics and optimize studying processes.The rising adoption of brain computer interface (BCI) solutions and its use-cases connected with VR/ AR also provide good opportunities in the market. Thus, the new segments of key customers can be targeted by expanding its portfolio with new products and services, which, in turn, may lead to its market expansion.
Wearable EEG Devices Market Segment Analysis:
Wearable EEG Devices Market Segmented on the basis of Product, Application, End Use, and Region
By Product, 32 Channel EEG segment is expected to dominate the market during the forecast period
- Of all the wearable EEG segments considered in this analysis, the 32-channel EEG segment is anticipated to dominate the wearable EEG devices market during the forecast period because of the greater capacity to detect all aspects of the brain’s activity. These devices are more popular in the clinic and for research purposes when analyzing difficult clinical cases of neurological disorders, as well as for conducting deep research on the work of the brain.As the need for meaningful and detailed EEG records increases, new equipment incorporates 32 channels, which are more sensitive in comparison with other varieties. Te growth of miniaturized technology and wireless EEG devices enables 32-channel wearable EEG devices to continue growing enabling market dominance.
By Application, Disease diagnosis segment expected to held the largest share
- Based upon the diseases diagnosis is expected to dominate the wearable EEG devices market in future, due to the surging incidence of neurological ailments, including epilepsy, Alzheimer’s disease, and Parkinson’s disease among the patient population. Mobile EEG systems are critical tools in early diagnosis of these diseases, as well as ongoing evaluations to ensure that patients with such illnesses receive the requisite treatment on time.The growing use of these devices in hospitals, clinics, and home care center has over time enhanced the wearable EEG systems market in the diagnosis of diseases. These are quite valuable assets which aid in the provision of real time data and also allow for remote monitoring in the modern systems of practice.
Wearable EEG Devices Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America is expected hold the largest share in the global wearable EEG devices market due to the the advanced healthcare system and high acceptance towards the technologically enhanced healthcare solutions in the region. The American market in particular is likely to spearhead market growth due to rising disease awareness, escalating expenditures on health care, and research and development activities worldwide. The availability of key market participants and consumer interest in wearable health technology are other factors that are enhancing market development. Tele awareness, advancement in mental health drive and government policies has made convenient contributions to the market growth.
- Another important market is Canada due to the increasing number of people of a pension age and the growing concern of home healthcare services. North America will continue to dominate the market for wearable EEG devices for disease management, wellness tracking, or researches in the forecast period.
Active Key Players in the Wearable EEG Devices Market:
- Advanced Brain Monitoring, Inc. (USA)
- ANT Neuro (Netherlands)
- Bitbrain (Spain)
- Brain Products GmbH (Germany)
- Brain Scientific Inc. (USA)
- Compumedics Limited (Australia)
- EMOTIV Inc. (USA)
- g.tec medical engineering GmbH (Austria)
- Masimo Corporation (USA)
- Medtronic Plc (Ireland)
- Neuroelectrics (Spain)
- NeuroSky, Inc. (USA)
- Nihon Kohden Corporation (Japan)
- Wearable Sensing LLC (USA)
- Zeto, Inc. (USA)
- Other Active Players
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Wearable EEG Devices Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 122.1 Million |
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Forecast Period 2024-32 CAGR: |
10.48 % |
Market Size in 2032: |
USD 299.41 Million |
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Segments Covered: |
By Product |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Wearable EEG Devices Market by By Product (2018-2032)
4.1 Wearable EEG Devices Market Snapshot and Growth Engine
4.2 Market Overview
4.3 5-channel EEG
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 14-channel EEG
4.5 32-channel EEG
4.6 Others
Chapter 5: Wearable EEG Devices Market by By Application (2018-2032)
5.1 Wearable EEG Devices Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Trauma & Surgery
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Disease Diagnosis
5.5 Anesthesia Monitoring
5.6 Sleep Monitoring
5.7 Others
Chapter 6: Wearable EEG Devices Market by By End User (2018-2032)
6.1 Wearable EEG Devices Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Hospitals
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Diagnostics Centers
6.5 Others
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Wearable EEG Devices Market Share by Manufacturer (2024)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 3DX-RAY LTD (UNITED KINGDOM)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 ANRITSU CORPORATION (JAPAN)
7.4 BAKER HUGHES COMPANY (UNITED STATES)
7.5 CANON INC. (JAPAN)
7.6 COMET GROUP (SWITZERLAND)
7.7 FUJIFILM CORPORATION (JAPAN)
7.8 GENERAL ELECTRIC (UNITED STATES)
7.9 HAMAMATSU PHOTONICS K.K. (JAPAN)
7.10 HITACHI LTD. (JAPAN)
7.11 METTLER-TOLEDO INTERNATIONAL INC. (UNITED STATES)
7.12 NIKON CORPORATION (JAPAN)
7.13 SHIMADZU CORPORATION (JAPAN)
7.14 SMITHS GROUP PLC (UNITED KINGDOM)
7.15 TELEDYNE TECHNOLOGIES INCORPORATED (UNITED STATES)
7.16 THERMO FISHER SCIENTIFIC INC. (UNITED STATES)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Wearable EEG Devices Market By Region
8.1 Overview
8.2. North America Wearable EEG Devices Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By By Product
8.2.4.1 5-channel EEG
8.2.4.2 14-channel EEG
8.2.4.3 32-channel EEG
8.2.4.4 Others
8.2.5 Historic and Forecasted Market Size By By Application
8.2.5.1 Trauma & Surgery
8.2.5.2 Disease Diagnosis
8.2.5.3 Anesthesia Monitoring
8.2.5.4 Sleep Monitoring
8.2.5.5 Others
8.2.6 Historic and Forecasted Market Size By By End User
8.2.6.1 Hospitals
8.2.6.2 Diagnostics Centers
8.2.6.3 Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Wearable EEG Devices Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By By Product
8.3.4.1 5-channel EEG
8.3.4.2 14-channel EEG
8.3.4.3 32-channel EEG
8.3.4.4 Others
8.3.5 Historic and Forecasted Market Size By By Application
8.3.5.1 Trauma & Surgery
8.3.5.2 Disease Diagnosis
8.3.5.3 Anesthesia Monitoring
8.3.5.4 Sleep Monitoring
8.3.5.5 Others
8.3.6 Historic and Forecasted Market Size By By End User
8.3.6.1 Hospitals
8.3.6.2 Diagnostics Centers
8.3.6.3 Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Wearable EEG Devices Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By By Product
8.4.4.1 5-channel EEG
8.4.4.2 14-channel EEG
8.4.4.3 32-channel EEG
8.4.4.4 Others
8.4.5 Historic and Forecasted Market Size By By Application
8.4.5.1 Trauma & Surgery
8.4.5.2 Disease Diagnosis
8.4.5.3 Anesthesia Monitoring
8.4.5.4 Sleep Monitoring
8.4.5.5 Others
8.4.6 Historic and Forecasted Market Size By By End User
8.4.6.1 Hospitals
8.4.6.2 Diagnostics Centers
8.4.6.3 Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Wearable EEG Devices Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By By Product
8.5.4.1 5-channel EEG
8.5.4.2 14-channel EEG
8.5.4.3 32-channel EEG
8.5.4.4 Others
8.5.5 Historic and Forecasted Market Size By By Application
8.5.5.1 Trauma & Surgery
8.5.5.2 Disease Diagnosis
8.5.5.3 Anesthesia Monitoring
8.5.5.4 Sleep Monitoring
8.5.5.5 Others
8.5.6 Historic and Forecasted Market Size By By End User
8.5.6.1 Hospitals
8.5.6.2 Diagnostics Centers
8.5.6.3 Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Wearable EEG Devices Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By By Product
8.6.4.1 5-channel EEG
8.6.4.2 14-channel EEG
8.6.4.3 32-channel EEG
8.6.4.4 Others
8.6.5 Historic and Forecasted Market Size By By Application
8.6.5.1 Trauma & Surgery
8.6.5.2 Disease Diagnosis
8.6.5.3 Anesthesia Monitoring
8.6.5.4 Sleep Monitoring
8.6.5.5 Others
8.6.6 Historic and Forecasted Market Size By By End User
8.6.6.1 Hospitals
8.6.6.2 Diagnostics Centers
8.6.6.3 Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Wearable EEG Devices Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By By Product
8.7.4.1 5-channel EEG
8.7.4.2 14-channel EEG
8.7.4.3 32-channel EEG
8.7.4.4 Others
8.7.5 Historic and Forecasted Market Size By By Application
8.7.5.1 Trauma & Surgery
8.7.5.2 Disease Diagnosis
8.7.5.3 Anesthesia Monitoring
8.7.5.4 Sleep Monitoring
8.7.5.5 Others
8.7.6 Historic and Forecasted Market Size By By End User
8.7.6.1 Hospitals
8.7.6.2 Diagnostics Centers
8.7.6.3 Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Wearable EEG Devices Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 122.1 Million |
|
Forecast Period 2024-32 CAGR: |
10.48 % |
Market Size in 2032: |
USD 299.41 Million |
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Segments Covered: |
By Product |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Wearable EEG Devices Market research report is 2024-2032.
Advanced Brain Monitoring, Inc. (USA), ANT Neuro (Netherlands), Bitbrain (Spain), Brain Products GmbH (Germany), Brain Scientific Inc. (USA), Compumedics Limited (Australia), EMOTIV Inc. (USA), g.tec medical engineering GmbH (Austria), Masimo Corporation (USA), Medtronic Plc (Ireland), Neuroelectrics (Spain), NeuroSky, Inc. (USA), Nihon Kohden Corporation (Japan), Wearable Sensing LLC (USA), Zeto, Inc. (USA), and Other Active Players.
The Wearable EEG Devices Market is segmented into Product, Application, End User and region. By Product, the market is categorized into 5-channel EEG 14-channel EEG 32-channel EEG Others. By Application, the market is categorized into Trauma & Surgery Disease Diagnosis Anesthesia Monitoring Sleep Monitoring Others. By End User, the market is categorized into Hospitals Diagnostics centers Others. By region, it is analyzed across North America (U.S., Canada, Mexico),Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
The Wearable EEG Devices Market relates to that part of medical and consumer electronics specializing in electroencephalography (EEG) in the form of wearable, easy to use devices. These wearables are used in clinical analysis, diseases and disorders identification, scientific studies and in personal health/fitness monitoring, especially for real-time monitoring of the brain activity with increased comfort as compared to conventional EEG configurations.
Wearable EEG Devices Market Size Was Valued at USD 122.1 Million in 2023, and is Projected to Reach USD 299.41 Million by 2032, Growing at a CAGR of 10.48 % From 2024-2032.
