Search Market Research Report

Discover Our Latest Reports
Discover Our Featured Reports
Discover Top Selling Reports

EEG Wearable Device Market Size, Share Global Analysis Report, 2018 – 2027

report img

EEG Wearable Device Market By Product (MUSE, Melomind, Melon, Emotiv, and Versus Headset), By Type (Battery and Charge), and By Application (Hospital and Pharmacy): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027

Industry Insights

The report covers the forecast and analysis of the EEG Wearable Device market on a global and regional level. The study provides historical data from 2013 to 2020 along with a forecast from 2021 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the EEG Wearable Device market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the EEG Wearable Device software market on a global level.

Global EEG Wearable Device Market Size

To know more about this report | Request Free Sample Copy

In order to give the users of this report a comprehensive view of the EEG Wearable Device market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

logoReport Scope

Report Attribute

Details

Market Size in 2020

USD 1,118.2 Million

Projected Market Size in 2027

USD 1865.6 Million

CAGR Growth Rate

7.15% CAGR

Base Year

2020

Forecast Years

2021-2027

Key Market Players

BrainSigns srl, Emotiv Inc., IMEC, Macrotellect Ltd., Mattel, Mindo, MUSE, Neurosky, Vandrico Solutions Inc, Versus Headset, Wearable Sensing., and Others

Key Segment

By Product, Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

Request customized purchase options to meet your research needs. Explore purchase options

The study provides a decisive view of the EEG Wearable Device market by segmenting the market based on the product, type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

EEG wearable devices can proficiently diagnose the brain waves during sleep and it can also detect or determine the special brain wave pattern in the persons affected due to sleep disorders. All these factors are expected to steer the growth of the market during the forecast timeframe. Nonetheless, low awareness pertaining to the product and unfavorable compensation policies can prove to be an impediment to the growth of the market during the timespan from 2019 to 2027. Apart from this, a lack of availability of skilled personnel who can effectively handle the EEG wearable equipment can hinder the business expansion over the forecast timeline. However, the rise in the popularity of non-invasive & minimally-invasive equipment will generate lucrative avenues for the market over the forecast timeline.

On the basis of the product, the market for EEG wearable device is sectored into MUSE, Melomind, Melon, Emotiv, and Versus Headset. Based on the type, the industry is divided into Battery and Charge. Application-wise, the market is classified into Hospital and Pharmacy.

This report segments the EEG Wearable Device market as follows:

logoCompetitive Analysis

  • BrainSigns srl 
  • Emotiv Inc. 
  • IMEC 
  • Macrotellect Ltd. 
  • Mattel 
  • Mindo 
  • MUSE 
  • Neurosky 
  • Vandrico Solutions Inc 
  • Versus Headset 
  • Wearable Sensing.

logo By Product Analysis

  • MUSE
  • Melomind
  • Melon
  • Versus Headset
  • Emotiv

logo By Type Analysis

  • Battery
  • Charge

logo By Application Analysis

  • Hospitals
  • Pharmacy

logo Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Industry Major Market Players

  • BrainSigns srl 
  • Emotiv Inc. 
  • IMEC 
  • Macrotellect Ltd. 
  • Mattel 
  • Mindo 
  • MUSE 
  • Neurosky 
  • Vandrico Solutions Inc 
  • Versus Headset 
  • Wearable Sensing.

Frequently Asked Questions

Electroencephalography wearable device assists in the measurement of the electrical activity of the brain. These instruments are used for diagnosing disorders such as epilepsy and sleep apnea. Moreover, these devices are also used for detecting the impact of anesthesia, brain death, coma, and encephalopathy.
According to the report, the global EEG Wearable Device market is predicted to be valued at approximately USD 1,118.2 Million in 2020 and is expected to reach a value of around USD 1865.6 Million by 2027, at a CAGR of around 8% between 2021 and 2027.
The growth of the market during the forecast timeline is due to a rise in brain-related disorders including epilepsy, stroke, brain tumor, frontotemporal dementia, and Parkinson’s ailment.
North America to account for major contributions towards the overall market earnings by 2027
Some of the major players in the business include BrainSigns srl, Emotiv, Inc., IMEC, Macrotellect Ltd., Mattel, Mindo, MUSE, Neurosky, Vandrico Solutions Inc, Versus Headset, and Wearable Sensing.