Global Neurofeedback Systems Market Overview
A neurofeedback system is a non-invasive method of improving brain function. Because neurofeedback is a kind of biofeedback, it is also known as EEG biofeedback. Electrodes are used in neurofeedback to capture and amplify brain waves. The visual, aural, and tactical input provided by the neurofeedback system aids learning. The neurofeedback system promotes relaxation and self-regulation, both of which are essential for optimal brain function. To better map brain activity, the neurofeedback system takes into account behavioural, cognitive, and subjective elements as well as brain activity. Biofeedback is defined as "a technique that enables an individual to learn how to change physiological activity for the objectives of improving health and performance," according to the International Society for Neurofeedback and Research (ISNR). Neurofeedback is defined as positive or negative biofeedback resulting from desired or undesirable brain processes. Several studies on neurofeedback therapy and its usefulness in the treatment of various ailments connected to brain diseases have been undertaken in the last decade. The neurofeedback system can be used to treat a variety of brain disorders, including anxiety, epilepsy, pain, and others. The electroencephalogram (EEG), which is the principal instrument connected to neurofeedback systems, records all of the actions. The Neurofeedback Systems Market accounted for US$ 997.55 million in 2020 and is estimated to be US$ 2051.4 million by 2030 and is anticipated to register a CAGR of 7.50%.
Global Neurofeedback Systems Market Dynamics
Rising demand for non-invasive treatment protocols will drive the growth of the Market
Due to its alternative and complementary treatment for several brain dysfunctions, rising demand for non-invasive treatment protocols, and increased prevalence of several neurological disorders in recent times, the global neurofeedback systems market is expected to grow at a healthy rate over the forecast period. The market for neurofeedback systems is likely to be fueled by increasing technological advancements in the neurofeedback system and a growing product approval pipeline throughout the forecast period. However, the cost of neurofeedback systems, the time it takes to get results, the short-term advantages, the scarcity of experienced specialists to run the systems, and the absence of clear scientific proof may limit the market's growth over the projection period. Due to its alternative and complementary treatment for several brain dysfunctions, rising demand for non-invasive treatment protocols, and increased prevalence of several neurological disorders in recent times, the global neurofeedback systems market is expected to grow at a healthy rate over the forecast period. The market for neurofeedback systems is likely to be fueled by increasing technological advancements in the neurofeedback system and a growing product approval pipeline throughout the forecast period. However, the cost of neurofeedback systems, the time it takes to get results, the short-term advantages, the scarcity of experienced specialists to run the systems, and the absence of clear scientific proof may limit the market's growth over the projection period.
Global Neurofeedback Systems Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Global Neurofeedback Systems Market is segmented based on application and region.
On the basis of Application, the Global Neurofeedback Systems Market is segmented into ADHD, Pain Management, Insomnia, Anxiety Disorder, and Other Diseases.
Regional Insights:
Source: Prophecy Market Insights
On region the Global Neurofeedback Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe will continue to be important markets for neurofeedback systems. Because of the region's advanced healthcare infrastructure and reimbursement rules, developed markets such as North America and Europe are likely to grow rapidly. Furthermore, in order to capture market share, prominent companies in the neurofeedback systems market are concentrating their efforts on both developed and developing regions. Because of favourable patient demographics and increased healthcare knowledge in the region, Asia Pacific is expected to grow.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Application- ADHD, Pain Management, Insomnia, Anxiety Disorder, and Other Diseases |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Neurofeedback Systems Market report based on Application and region.
Global Neurofeedback Systems Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Neurofeedback Systems Market Key Players
Increased demand for EEG devices due to improved detection and treatment of brain illnesses encourages manufacturers to invest in neurofeedback systems, which aid in the better processing of data collected from EEG devices. Brainmaster Technologies, Inc., Mind Media, NeuroCare Group GmbH, Neurobit Systems, BEE Medic, and others are some of the prominent players in this market
Global Neurofeedback Systems Market Company Profile
- Brainmaster Technologies, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mind Media
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NeuroCare Group GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Neurobit Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BEE Medic
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Neurofeedback Systems Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Neurofeedback systems Strategies
- Key Questions this Study will Answer
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Neurofeedback Systems Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- ADHD
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pain Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Insomnia
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Anxiety Disorder
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Neurofeedback Systems Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Brainmaster Technologies, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mind Media
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NeuroCare Group GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Neurobit Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BEE Medic
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Neurofeedback Systems Market is segmented based on application and region.
Rising demand for non-invasive treatment protocols is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
Brainmaster Technologies, Inc., Mind Media, NeuroCare Group GmbH, Neurobit Systems, BEE Medic, and others are some of the prominent players in this market.