What is Global Neurofeedback Market?
The Global Neurofeedback Market is a fascinating and rapidly evolving field that deals with the use of real-time displays of brain activity to teach self-regulation of brain function. Neurofeedback, also known as EEG Biofeedback, is a type of biofeedback that uses real-time displays of electroencephalography (EEG) to illustrate brain activity. This technique is used to help individuals learn how to voluntarily control their brain waves. The global neurofeedback market is a vast and diverse one, with a wide range of applications and technologies. It encompasses various types of neurofeedback systems, including Slow Cortical Potential Neurofeedback (SCP-NF), Low-Energy Neurofeedback System (LENS), Hemoencephalographic (HEG) Neurofeedback, and others.
Slow Cortical Potential Neurofeedback (SCP-NF), Low-Energy Neurofeedback System (LENS), Hemoencephalographic (HEG) Neurofeedback, Others in the Global Neurofeedback Market:
Slow Cortical Potential Neurofeedback (SCP-NF) is a type of neurofeedback that focuses on slow cortical potentials, which are slow event-related direct-current shifts of the EEG. SCP-NF has been used in research and clinical practice for several decades, and it has been shown to be effective in treating a variety of conditions, including ADHD, epilepsy, and stroke. Low-Energy Neurofeedback System (LENS) is another type of neurofeedback that uses a very low power electromagnetic field, like the ones that surround digital watches and wires in the wall, to carry feedback to the person receiving it. LENS has been found to be effective in treating conditions such as anxiety, depression, and traumatic brain injury. Hemoencephalographic (HEG) Neurofeedback is a type of neurofeedback that uses infrared sensors to measure the amount of oxygen in the blood in the front part of the brain. This type of neurofeedback has been used to treat conditions such as migraines, chronic pain, and learning disorders. Other types of neurofeedback systems are also available in the market, each with its own unique features and applications.
ADHD Treatment, Other Clinic Use, Non-Medical in the Global Neurofeedback Market:
The Global Neurofeedback Market has a wide range of applications, including ADHD Treatment, Other Clinic Use, and Non-Medical uses. Neurofeedback has been found to be particularly effective in treating ADHD. It helps individuals with ADHD to improve their focus, reduce impulsivity, and enhance their executive functioning. In addition to ADHD treatment, neurofeedback is also used in other clinical settings. For example, it is used to help individuals with conditions such as anxiety, depression, and post-traumatic stress disorder. Neurofeedback is also used in non-medical settings. For example, it is used in sports training to help athletes improve their performance. It is also used in the field of education to help students improve their academic performance.
Global Neurofeedback Market Outlook:
The global Neurofeedback market is a dynamic and growing market. In 2022, the market was valued at US$ 51 million. It is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2029, reaching a value of US$ 78 million by 2029. This growth is driven by a variety of factors, including increasing awareness about the benefits of neurofeedback, advancements in neurofeedback technology, and increasing prevalence of conditions such as ADHD. The market is dominated by a few key players, with the top five manufacturers holding over 55% of the market share. These manufacturers have a strong presence in the market, with a wide range of products and a strong distribution network. However, the market is also characterized by the presence of several small and medium-sized manufacturers, who are making significant contributions to the market growth.
| Report Metric | Details |
| Report Name | Neurofeedback Market |
| Accounted market size in 2023 | US$ 54 million |
| Forecasted market size in 2029 | US$ 78 million |
| CAGR | 6.1 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | BrainMaster Technologies, BEE Medic, Brainquiry, Mitsar, Thought Technology, Mind Media, Wearable Sensing, InteraXon, NeuroCare, Macrotellect, Titan Commerce, NeuroField |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
