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Neurofeedback is a non-invasive method of direct brain function training. It is also a type of biofeedback and is therefore, also called EEG Biofeedback. It uses the electrodes (which act like tiny microphones) placed on the client's scalp to record and amplify the EEG, or brainwaves and control auditory, visual, and/or tactile feedback which allows learning to take place. This operant learning initiates self-regulation and enhances relaxation, both necessary components of good brain function.
Scope of the Report:
This report studies the Neurofeedback market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Neurofeedback market by product type and applications/end industries.
The fast growth of Neurofeedback system market largely caused by the introduction of smart portable device. The production is increasing largely and the price is decreasing. These new products mainly introduced in North American and Asia regions.
North America is the largest supplier of Neurofeedback System, with a production market share nearly 60% in 2016. Europe is the second largest supplier of Neurofeedback System, enjoying production market share nearly 20.5% in 2016.
North America is also the largest consumption place, with a consumption market share nearly 57% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 19%.
The global Neurofeedback market is valued at 37 million USD in 2017 and is expected to reach 50 million USD by the end of 2023, growing at a CAGR of 6.1% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Neurofeedback.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- BrainMaster Technologies
- BEE Medic
- Thought Technology
- Mind Media
- Wearable Sensing
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Slow Cortical Potential Neurofeedback (SCP-NF)
- Low-energy Neurofeedback System (LENS)
- Hemoencephalographic (HEG) Neurofeedback
Market Segment by Applications, can be divided into
- ADHD Treatment
- Other Clinic Use