Wireless Brain Sensor Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-26

Emphasis on Product Type (Sleep Monitoring Devices, Electroencephalography (EEG) Devices, Others)
By: UnivDatos Market Insights (UMI)
NEW YORK - March 9, 2020 - PRLog -- The Wireless Brain Sensor Market is projected to gain market revenue of US$ 2,903.8 million by 2026, growing at a CAGR of 9.3% during the forecast period 2020-2026. The advances in science and technology have led to a great advancement in healthcare. This has resulted in the growth of the life span of humans as several medicines and procedures are available to overcome these diseases. The years of living have increased however, the years of healthy living are greatly impacted. The rising geriatric population has resulted in the growing prevalence of neurological disorders. Moreover, rising stress levels are also affecting mental health. These factors will act as drivers for the growth of the wireless brain sensors market. However, privacy issues and government regulations on these devices will hamper market growth.  Globally, the burden of neurological disorders, as measured by the absolute number of DALYs, continues to increase. As populations are growing and aging, and the prevalence of major disabling neurological disorders steeply increases with age, governments will face increasing demand for treatment, rehabilitation, and support services for neurological disorders. The scarcity of established modifiable risks for most of the neurological burden demonstrates that new knowledge is required to develop effective prevention and treatment strategies. This will raise the adoption of Wireless Brain Sensors services and will result in the rising entry of players in this domain and will change the market scenario.

For Regional/country-level analysis of the overall sales and adoption of wireless brain sensor technology browse through https://univdatos.com/report/wireless-brain-sensors-market-current-analysis-and-forecast-2020-2026

The portability or handiness of a device is the major factor that is affecting the market. Wireless brain sensors are used in neuromonitoring devices in order to make them portable. Based on product type the global wireless brain sensors market is bifurcated into Electroencephalography, sleep monitoring devices, magnetoencephalography (MEG), Transcranial Doppler (TCD) Devices, Intracranial Pressure (ICP) Monitors, Other (Accessories). These devices measure the brain waves that are transmitted in the form of electric impulses. Moreover, the movement of a person that is made during sleep is recorded and this data is then used in an 'algorithm' to estimate sleep time and quality. Electroencephalography (EEG) dominated the Wireless brain sensors market in 2019, generating revenue of US$ 525.07 million. However, Sleep Monitoring Devices are expected to witness a CAGR growth of 9.8% during the forecast period 2020-2026.

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