Wearable Brain Devices Market size is anticipated to reach USD 668.5 million by 2030
Wearable Brain Devices Industry Overview The global wearable brain devices market size was valued at USD 247.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.33% from 2022 to 2030. The growth of the market is attributed to the growing prevalence of various neurological disorders such as epilepsy, Parkinson’s disease, and Alzheimer’s disease. The rapidly growing geriatric population in the Asia Pacific region, especially in countries such as Japan, India, and China along with quick technological improvements are other key factors bolstering the growth of the market. Modern technological advancements in portable technologies have made it possible to study the brain, and aid in the treatment of various brain disorders and diseases. According to BMJ Publishing Group Ltd., with the global population of adults aged 60 and up estimated to reach 2 billion by 2050, the burden of brain dysfunction and neurological illnesses, as we...