NEUROFEEDBACK MARKET ANALYSIS

Neurofeedback Market, by Product (Amplifiers, Electrodes or Sensors, and Computer Software), by System (Frequency/Power Neurofeedback System, Slow Cortical Potential Neurofeedback (SCP-NF) System, Low-Energy Neurofeedback System (LENS), Hemoencephalographic (HEG) Neurofeedback System, Live Z-Score Neurofeedback System, Low-Resolution Electromagnetic Tomography (LORE-TA), and Functional Magnetic Resonance Imaging (fMRI)), by Application (Attention Deficit Hyperactivity Disorder (ADHD), Anxiety, Depression, Epilepsy, Insomnia, Drug Addiction, Schizophrenia, and Others), by End User (Hospitals, Ambulatory Surgical Center, Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Mar 2023
Code : CMI5506
Pages :182
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Global Neurofeedback Market: Restraint

Side effects associated with neurofeedback

The major factors that may hamper growth of the global neurofeedback market over the forecast period include side effects associated with the neurofeedback therapy. Neurofeedback is a type of biofeedback therapy that is used to help treat all kinds of mental health conditions. For instance, data published in March 2021, on website of True Life Center, which is a psychiatric and substance abuse treatment center, stated that side effects of neurofeedback therapy includes social anxiety, low energy or fatigue, internal vibrations, muscle tension, cognitive impairment, and others.

Restraints & Challenges:

The side effects associated with the neurofeedback therapy

Global Neurofeedback Market Cross Sectional Analysis

Among application, anxiety is a dominant segment in Asia Pacific region due to increasing prevalence of anxiety disorder in the region. For instance, according to data published on December 12, 2022, on Australian Institute of Health and Welfare, stated that in Australia there were around 4.2 million people who suffered from anxiety in 2022.

Among end user, clinics segment is a dominant segment in Asia Pacific region due to increasing number of the clinics in the region. For instance, data published on November 2020, on Institut Montaigne, a non-profit organization, stated that in India there were about 43,486 private hospitals in 2020.

Restraints & Challenges: