According to the research report titled ‘Global Wearable Brain Devices Market Size study, by By Channel Type ( 32-Channel Type, 12-Channel Type, 14-Channel Type, 5-Channel Type, Multichannels, Others), By Application ( Medical Setting, AR/VR Gaming Settings, Others), By End-use (Hospitals & Clinics, Neurology Centers, Ambulatory Surgery Centers (ASCs) , Diagnostic Centers, Transportation and Construction, Research and Academics, Homecare Settings, Intensive Care Units, Assisted Living Facilities, Athletes and Military Personnel, Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global wearable brain devices market is anticipated to grow modestly during 2022-2028.

Analysts predict that rising occurrences of neurological conditions like epilepsy, Alzheimer's disease, and Parkinson's disease, as well as ever-increasing elderly population, and development of technology are the major growth determinants for global wearable brain devices market.

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According to the WHO, there will be 1.4 billion elderly people on the planet in 2030 and 2.1 billion by 2050. Additionally, the number is anticipated to increase to 3.1 billion by 2100.

Apparently, geriatric populace is more prone to neurological disorders, leading to critical consequences such as hospitalization, institutionalization, disability, and mortality. This factor, along with increasing clinical research for improving the outcomes of wearable brain devices are augmenting the market outlook.

However, high price of wearable EEG (electroencephalography) devices is expected to hamper industry expansion during the analysis timeframe.

Based on channel type, the market is branched into multichannel, 5-channel type, 14-channel type, 12-channel type, 32-channel type, and others. In terms of application ambit, the market is divided into AR/VR gaming settings, medical setting, and others.

On the basis of end-use terrain, worldwide wearable brain devices marketplace is segregated into athletes & military personnel, assisted living facilities, intensive care units, homecare settings, research & academics, transportation & construction,
diagnostic centers, ambulatory surgery centers (ASCs), neurology centers, hospitals & clinics, and others.

Regionally, North America industry holds a major revenue share at present, owing to technological improvements, and increasing incidence of Parkinson's disease and epilepsy in the region.

Whereas Asia Pacific market is anticipated to register a healthy CAGR over the forecast period, due to availability of obligatory healthcare insurance, technological developments, and higher medical spending in the region.

Speaking of competitive arena, Dreem, BitBrain Technologies S.L., Cognionics Inc., mBrainTrain, BioSerenity, Brain Scientific Inc., Neurolief Inc., Emotiv Inc., and Kernel are the leading players influencing the global wearable brain devices market dynamics.