The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027.
Driving factors include growing incidences of neurovascular disorders, and significantly rising elderly population plays a vital role in the growth of the wearable EEG devices market. However, the restraints like the high cost of wearable EEG devices are likely to affect the market growth in the forecasted period.
The elderly population is defined as a group of people aging above 65 and more. The upsurge of the elderly population is anticipated to become one of the vital social changes in the present time. The number of the aging population has been increasing significantly across the globe. As per the United Nations, in 2017, there were around 962 million people aged 60 or over globally, which comprises 13% of the population worldwide. The geriatric population is forecasted to grow at a rate of 3% per year. Presently, Europe and Asia Pacific counties have the largest population, aged 60 years and more. The number of the aging population in the world is expected to reach about 1.4 billion in 2030, and it will touch nearly 2.1 billion in 2050.
Furthermore, the number will be approximately 3.1 billion in 2100. The elderly population has been linked with various chronic diseases due to problems related to it. Neurological disorders are most commonly observed in older adults, affecting between 5% and 55% of people aged 55 years and above. They are associated with a high risk for adverse health outcomes, such as mortality, disability, institutionalization, and hospitalization. Mental and neurological disorders in elderly adults report 6.6% of the total disability (DALYs) for this age group. Roughly, 15% of adults aged 60 and above have a mental disorder. The most common mental and neurological disorders observed in the geriatric population are depression and dementia that affect about 7% and 5% of the world’s elderly population, respectively. Therefore, due to the increasing geriatric population and the surge in associated neurological disorders, the market for Wearable EEG devices is anticipated to witness significant growth.
The global wearable EEG devices market is segmented by channel and application. Based on channel, the market is segmented into 32-channel type, 14-channel type, 5-channel type, and others. In 2018, the 32-channel type accounted for the largest market share in the global wearable EEG devices market by channel. Technological development in 32-channel EEG products and its high acceptance by healthcare professionals are the major factors driving the growth of the segment. Based on application, the wearable EEG devices market has been segmented into medical, neuromonitoring, gaming, and others.
Some of the essential primary and secondary sources included in the report are Food and Drug Administration (FDA), Canada First Research Excellence Fund, World Health Organization (WHO), Stroke Support Organization, the Neurology Association of South Africa (NASA), World Stroke Organisation (WSO) and others.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Wearable EEG Devices Market - By Channel
1.3.2 Global Wearable EEG Devices Market - By Application
1.3.3 Global Wearable EEG Devices Market - By Geography
2. Wearable EEG Devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Wearable EEG Devices- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Wearable EEG Devices Market in North America: PEST Analysis
4.2.2 Wearable EEG Devices Market in Europe: PEST Analysis
4.2.3 Wearable EEG Devices Market in APAC: PEST Analysis
4.2.4 Wearable EEG Devices Market in MEA: PEST Analysis
4.2.5 Wearable EEG Devices Market - South and Central America PEST Analysis
4.3 Expert Opinions
5. Wearable EEG Devices- Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Incidences of Neurovascular Disorders
5.1.2 Significantly Rising Elderly Population
5.2 Key Market Restraints
5.2.1 High Cost of Wearable EEG Devices
5.3 Key Market Opportunities
5.3.1 Increasing Medical Tourism in Emerging Nations
5.4 Future Trend
5.4.1 Technological Developments in Wearable EEG Devices
5.5 Impact Analysis
6. Wearable EEG Devices Market - Global Analysis
6.1 Global Wearable EEG Devices Market Revenue Forecasts And Analysis
6.2 Global Wearable EEG Devices Market, By Geography - Forecasts And Analysis
6.3 Market Positioning Of Key Players
7. Wearable EEG Devices Market Analysis And Forecasts To 2027 - Channel
7.1 Overview
7.2 Global Wearable EEG Devices Market Share by Channel 2018 & 2027 (%)
7.3 5-channel Type
7.3.1 Overview
7.3.2 Global 5-channel Type Market Revenue and Forecast to 2027 (US$ Mn)
7.4-channel Type
7.4.1 Overview
7.4.2 Global 14-channel Type Market Revenue and Forecast to 2027 (US$ Mn)
7.5-channel Type
7.5.1 Overview
7.5.2 Global 32-channel Type Market Revenue and Forecast to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Global Others Market Revenue and Forecast to 2027 (US$ Mn)
8. Wearable EEG Devices Market Analysis And Forecasts To 2027 - Application
8.1 Overview
8.2 Global Wearable EEG Devices Market Share by Application 2018 & 2027 (%)
8.3 Medical
8.3.1 Overview
8.3.2 Global Medical Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Neuromonitoring
8.4.1 Overview
8.4.2 Global Neuromonitoring Market Revenue and Forecast to 2027 (US$ Mn)
8.6 Gaming
8.6.1 Overview
8.6.2 Global Gaming Market Revenue and Forecast to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Global Others Market Revenue and Forecast to 2027 (US$ Mn)
9. Wearable EEG Devices Market Revenue and Forecast To 2027 - Geographic Analysis
9.1 North America Wearable EEG Devices Market Revenue and Forecast to 2027
9.1.1 Overview
9.1.2 North America Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.1.3 North America Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.1.4 North America Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.1.5 North America Wearable EEG Devices Market Revenue and Forecast to 2027, By Country (%)
9.1.6 US
9.1.6.1 US Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.1.6.2 US Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.1.6.3 US Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.1.7 Canada
9.1.7.1 Canada Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.1.7.2 Canada Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.1.7.3 Canada Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.1.8 Mexico
9.1.8.1 Mexico Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.1.8.2 Mexico Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.1.8.3 Mexico Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.2 Europe Wearable EEG Devices Market Revenue and Forecast To 2027
9.2.1 Overview
9.2.2 Europe Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.2.3 Europe Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.2.4 Europe Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.2.5 Europe Wearable EEG Devices Market Revenue and Forecast to 2027, By Country (%)
9.2.6 Germany
9.2.6.1 Germany Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.2.6.2 Germany Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.2.6.3 Germany Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.2.7 UK
9.2.7.1 UK Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.2.7.2 UK Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.2.7.3 UK Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.2.8 France
9.2.8.1 France Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.2.8.2 France Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.2.8.3 France Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.2.9 Spain
9.2.9.1 Spain Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.2.9.2 Spain Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.2.9.3 Spain Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.2.10 Italy
9.2.10.1 Italy Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.2.10.2 Italy Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.2.10.3 Italy Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.3 APAC Wearable EEG Devices Market Revenue and Forecast to 2027
9.3.1 Overview
9.3.2 APAC Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.3.3 APAC Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.3.4 APAC Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.3.5 APAC Wearable EEG Devices Market Revenue and Forecast to 2027, By Country (%)
9.3.6 China
9.3.6.1 China Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.3.6.2 China Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.3.6.3 China Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.3.7 Japan
9.3.7.1 Japan Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.3.7.2 Japan Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.3.7.3 Japan Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.3.7.4 India
9.3.7.5 India Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.3.7.6 India Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.3.7.7 India Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.3.8 South Korea
9.3.8.1 South Korea Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.3.8.2 South Korea Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.3.8.3 South Korea Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.3.9 Australia
9.3.9.1 Australia Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.3.9.2 Australia Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.3.9.3 Australia Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.4 MEA Wearable EEG Devices Market Revenue and Forecast to 2027
9.4.1 Overview
9.4.2 MEA Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.4.3 MEA Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.4.4 MEA Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.4.5 MEA Wearable EEG Devices Market Revenue and Forecast to 2027, By Country (%)
9.4.6 UAE
9.4.6.1 UAE Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.4.6.2 UAE Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.4.6.3 UAE Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.4.7 Saudi Arabia
9.4.7.1 Saudi Arabia Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.4.7.2 Saudi Arabia Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.4.7.3 Saudi Arabia Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.4.8 South Africa
9.4.8.1 South Africa Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.4.8.2 South Africa Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.4.8.3 South Africa Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.5 South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027
9.5.1 Overview
9.5.2 South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.5.3 South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.5.4 South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.5.5 South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027, By Country (%)
9.5.6 Brazil
9.5.6.1 Brazil Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.5.6.2 Brazil Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.5.6.3 Brazil Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
9.5.7 Argentina
9.5.7.1 Argentina Wearable EEG Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.5.7.2 Argentina Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
9.5.7.3 Argentina Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
10. Wearable EEG Devices Market - Industry Landscape
10.1 Overview
10.2 Growth Strategies Done By the Companies in the Market, (%)
10.3 Organic Developments Done By The Companies
10.4 Inorganic Developments Done By The Companies
11. Wearable EEG Devices Market-Key Company Profiles
11.1 Advanced Brain Monitoring, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Information
11.1.4 Product Portfolio
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 ANT Neuro
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 Product Portfolio
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Natus Medical Incorporated
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 Product Portfolio
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Brain Products GmbH
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Information
11.4.4 Product Portfolio
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Compumedics Neuroscan
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 Product Portfolio
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Electrical Geodesics, Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 Product Portfolio
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 EMOTIV
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 Product Portfolio
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 g.tec medical engineering GmbH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Information
11.8.4 Product Portfolio
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Neuroelectrics
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 Product Portfolio
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Cadwell Industries, Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Information
11.10.4 Product Portfolio
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About
12.2 Glossary of Terms
LIST OF TABLES
Table 1. List of Wearable EEG Devices from Various Manufacturers and their Applications
Table 2. North America Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 3. North America Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 4. US Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 5. US Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 6. Canada Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 7. Canada Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 8. Mexico Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 9. Mexico Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 10. Europe Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 11. Europe Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 12. Germany Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 13. Germany Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 14. UK Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 15. UK Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 16. France Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 17. France Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 18. Spain Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 19. Spain Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 20. Italy Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 21. Italy Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 22. APAC Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 23. APAC Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 24. China Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 25. China Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 26. Japan Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 27. Japan Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 28. India Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 29. India Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 30. South Korea Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 31. South Korea Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 32. Australia Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 33. Australia Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 34. MEA Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 35. MEA Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 36. UAE Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 37. UAE Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 38. Saudi Arabia Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 39. Saudi Arabia Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 40. South Africa Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 41. South Africa Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 42. South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 43. South and Central America Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 44. Brazil Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 45. Brazil Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 46. Argentina Wearable EEG Devices Market Revenue and Forecast to 2027, By Channel (US$ Mn)
Table 47. Argentina Wearable EEG Devices Market Revenue and Forecast to 2027, By Application (US$ Mn)
Table 48. Organic Developments Done by The Companies
Table 49. Inorganic Developments Done By The Companies
Table 50. Glossary of Terms, Wearable EEG Devices Market
The List of Companies
1. Advanced Brain Monitoring, Inc.
2. ANT Neuro
3. Natus Medical Incorporated
4. Brain Products GmbH
5. Compumedics Neuroscan
6. Electrical Geodesics, Inc. (Koninklijke Philips N.V.)
7. EMOTIV
8. g.tec medical engineering GmbH
9. Neuroelectrics
10. Cadwell Industries, Inc.