Brain Health Devices Market

By Device Types;

Magnetic Resonance Imaging, Magneto Encephalogram, Computed Tomography, Transcranial Doppler Device, and Others

By Application;

Stroke, Dementia, Epilepsy, Dyslexia, and Others

By End User;

Hospitals, Specialty Clinics, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn124334613 Published Date: August, 2025

Brain Health Devices Market Overview

Brain Health Devices Market (USD Million)

Brain Health Devices Market was valued at USD 11,624.82 million in the year 2024. The size of this market is expected to increase to USD 17,537.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Brain Health Devices Market

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 11,624.82 Million
Market Size (2031)USD 17,537.23 Million
Market ConcentrationMedium
Report Pages329
11,624.82
2024
17,537.23
2031

Major Players

  • BrainScope Company Inc
  • Bio-Signal Group Corp
  • Cadwell Industries Inc
  • Advanced Brain Monitoring Inc
  • Compumedics Ltd
  • Elekta
  • Electrical Geodesics Inc
  • Medtronic Plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Brain Health Devices Market

Fragmented - Highly competitive market without dominant players


The Brain Health Devices Market is rapidly expanding due to the rising prevalence of neurological conditions like stroke, dementia, and epilepsy. Nearly 60% of the demand comes from the growing need for early diagnosis and real-time monitoring. With increasing public focus on mental and cognitive health, non-invasive technologies are gaining more traction.

Smart Technologies Transforming Diagnostics
Next-generation tools incorporating AI and machine learning are revolutionizing brain diagnostics. Close to 55% of device developers now offer platforms that enhance data interpretation and clinical outcomes. These technologically advanced systems also offer improved usability and enable remote health tracking for continuous brain monitoring.

Healthcare Facilities Boosting Investments
Hospitals and clinics are significantly increasing their investments in brain monitoring devices. More than 52% of healthcare centers have expanded or updated their neurological equipment to meet evolving patient needs. These developments are improving the speed and accuracy of neurological diagnostics and treatment.

Innovation Driven by Practical Barriers
Device affordability and system integration challenges persist, affecting around 41% of users. In response, companies are accelerating efforts to deliver affordable, mobile, and interoperable solutions. These innovations are critical to ensuring wider adoption and sustained impact in both clinical and consumer settings.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device Types
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Brain Health Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Rising Neurological Disorders
        3. Increasing Healthcare Expenditure
        4. Growing Awareness
      2. Restraints
        1. High Cost
        2. Limited Reimbursement Policies
        3. Lack of Skilled Professionals
      3. Opportunities
        1. Personalized Medicine
        2. Collaborative Research Initiatives
        3. Telemedicine
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Brain Health Devices Market, By Device Types, 2021-2031 (USD Million)
      1. Magnetic Resonance Imaging
      2. Magneto Encephalogram
      3. Computed Tomography
      4. Transcranial Doppler Device
      5. Others
    2. Brain Health Devices Market, By Application, 2021-2031 (USD Million)
      1. Stroke
      2. Dementia
      3. Epilepsy
      4. Dyslexia
      5. Others
    3. Brain Health Devices Market, By End User, 2021-2031 (USD Million)
      1. Hospitals
      2. Specialty Clinics
      3. Others
    4. Brain Health Devices Market, By Geography, 2021-2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BrainScope Company Inc
      2. Bio-Signal Group Corp
      3. Cadwell Industries Inc
      4. Advanced Brain Monitoring Inc
      5. Compumedics Ltd
      6. Elekta
      7. Electrical Geodesics Inc
      8. Medtronic Plc
  7. Analyst Views
  8. Future Outlook of the Market