Wearable EEG Devices Market Scope, Growth, Size and Share by 2031
Wearable EEG Devices Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 923.84 Million |
Market Size by 2031 | US$ 2,355.49 Million |
Global CAGR (2023 - 2031) | 10.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Channel
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Wearable EEG Devices Market News and Recent Developments
The wearable EEG devices market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for wearable EEG devices:
- X-trodes, a bio-convergence company bringing wireless monitoring solutions to the home environment, today announced that the US Food and Drug Administration (FDA) has granted 510(k) clearance for X-trodes' Smart Skin solution (marketed as X-trodes System M), a new wireless wearable technology for advanced electrophysiological monitoring. (X-trodes, News, 2024)
- Elemind received US$ 12 million for wearable brain modulation device. The Elemind device is designed to improve the user’s memory and sleep quality without the need for any drug-based treatment. The wearable neurotechnology can read individual brainwaves and guide them in real time by responding with tailored stimulation. (ELEMIND TECHNOLOGIES, INC., News,2024)
- Presto Engineering, a European leading expert in application-specific integrated circuit (ASIC) design and semiconductor engineering and production services, and T&W Engineering, the leading in-ear electroencephalogram (EEG) wearable device developer and provider of artificial intelligence (AI)-driven EEG reading services, today announced their collaboration to develop an ASIC for measuring high quality, multi-channel dry-electrode EEG for next-generation wearable brain sensing. (Presto Engineering, News, 2023)
- Wearable Sensing launched a new Dry EEG + tDCS system developed in conjunction with Soterix Medical. This system integrates 6 customizable dry electrode EEG sensors, and 2 tDCS electrodes into a single headset. Our Machine Learning (aka AI) cognitive state classification algorithm, QStates, can be used to close the loop enabling automatic stimulation in response to set cognitive states. (Wearable Sensing, News, 2023)
Wearable EEG Devices Market Report Coverage and Deliverables
The “Wearable EEG DevicesMarket Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles