2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theBrain Health Devices Market?

The brain health devices market is projected to expand, prompted by the rising incidence of neurological disorders. These health issues, which affect the brain, spinal cord, and nerves, are a leading cause of various cognitive, motor and sensory dysfunctions. A significant increase in these neurological conditions is majorly attributed to an aging population and a surge in chronic diseases like diabetes and hypertension. Additionally, environmental and lifestyle elements, advancements in diagnosis options, and inherited genetic factors, have resulted in an increase in reported cases. Brain health devices, which are used for monitoring brain activity and offering targeted therapies can assist in handling symptoms, uplifting cognitive functions, and improving patients’ wellbeing. For example, a report by the American Alzheimer’s Association in April 2024 revealed that the number of Americans aged 65 and older diagnosed with Alzheimer’s dementia rose from 6.5 million in 2022 to 6.9 million in 2024. As such, the increasing incidence of neurological disorders is fueling the growth of the brain health devices market.

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#What Are the Key Projections for the CAGR of the Brain Health Devices Market From 2025 to 2034?

The market size for brain health devices has seen robust expansion in the past few years. With projections to escalate from $11.07 billion in 2024 to $11.9 billion in 2025, it’s expected to enjoy a compound annual growth rate (CAGR) of 7.5%. The notable growth during the historic period is the result of various factors such as a rise in the incidence of neurological disorders, an aging population, the expansion of diagnostic centers and hospitals, enhanced patient knowledge about neurological conditions, and increasing government support.

The market size for brain health devices is projected to witness substantial growth in the upcoming years, escalating to $15.73 billion by 2029 with a 7.2% Compound Annual Growth Rate (CAGR). The predicted growth during the forecast period can be attributed to enhancements in reimbursement policies, a higher rate of sleep disorders, an intensified focus on personalized medicine, growing demand for non-invasive operations, and an increase in regulatory endorsements for novel devices. Key trends during this forecast period are anticipated to include technological progression, the integration of artificial intelligence, inclusion of mobile health applications, the creation of tailored brain health products, and advancements in brain monitoring gadgetry.

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What Key Market Trends and Innovations Are Shaping the Future of theBrain Health Devices Industry?

Key players in the brain health devices market are turning their attention to modernizing noninvasive and user-friendly monitoring systems like brain monitoring devices to increase diagnostic precision, enhance patient outcomes, and simplify the management of neurological conditions. Brain monitoring systems offer ongoing, non-invasive brain activity monitoring, allowing for early identification and treatment of neurological disorders. For example, in November 2022, Neurosteer Inc., a U.S.-based producer of medical equipment, obtained Food and Drug Administration (FDA) approval for its brain monitoring system using a single-channel electroencephalogram (EEG). This approval permits the creation of this versatile system for various clinical settings. The system provides ongoing brain monitoring in critical care units (ICUs) for urgent interventions and aids in early discovery of pre-symptomatic cognitive impairment, including conditions like Alzheimer’s, Parkinson’s, and dementia, in doctors’ offices.

Which Companies Are Leading the Charge in Expanding theBrain Health Devices Market Growth?

Major companies operating in the brain health devices market are Johnson & Johnson Services Inc., Medtronic plc, Siemens Healthineers AG, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Boston Scientific Corporation, electroCore Inc., Masimo Corporation, Integra LifeSciences Corporation, LivaNova plc, Natus Medical Incorporated, Cadwell Industries Inc., NeuroSky Inc., Neuropace Inc., Compumedics Limited, Magstim Co. Ltd., Mindmaze SA, Brain Products GmbH, Emotiv Inc., Electrical Geodesics Inc., BrainScope Company Inc., Soterix Medical Inc., Advanced Brain Monitoring Inc., Bio-Signal Group Corp., Cognionics Inc

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How is the Global Brain Health Devices Market Segemented?

The brain health devices market covered in this report is segmented –

1) By Device Type: Magnetic Resonance Imaging, Magneto Encephalogram, Computed Tomography, Transcranial Doppler Device, Other Device Types

2) By Procedure: Invasive, Non-Invasive

3) By Application: Sleep Disorders, Accidental Injuries, Alzheimer’s Disease, Epilepsy, Stroke, Other Applications

4) By End-User: Hospitals And Clinics, Diagnostic Imaging Centers, Homecare Settings, Assisted Living Facilities, Other End-Users

Subsegments:

1) By Magnetic Resonance Imaging (MRI): Functional MRI (fMRI), Diffusion Tensor Imaging (DTI), MRI Spectroscopy

2) By Magnetoencephalogram (MEG): Whole-Head MEG Systems, Cooled MEG Systems

3) By Computed Tomography (CT): Standard CT Scanners, CT Angiography, High-Resolution CT Scanners

4) By Transcranial Doppler Device: Handheld Transcranial Doppler Devices, Portable Transcranial Doppler Devices

5) By Other Device Types: Electroencephalogram (EEG) Devices, Positron Emission Tomography (PET) Scanners, Near-Infrared Spectroscopy (NIRS) Devices

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Which Geographics are Influencing the Growth of the Brain Health Devices Market?

North America was the largest region in the brain health devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain health devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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