Frequently asked questions
In 2022, the market for digital brain health was estimated to be worth USD 185.6 billion.
The market for digital brain health is anticipated to increase at a CAGR of 7.60% from 2023 to 2030, reaching USD 333.48 billion in 2030.
Brain health monitoring devices are the most popular category of type of solution.
Cognitive impairment and aging-related brain health, by application, is the notable segment.
During the projection period, the healthcare providers category is anticipated to exhibit the highest CAGR.
The digital brain health market was ruled by North America.
The top players include Linus Health, Medibio, The Echo Group, Spring Care, Inc., Qualifacts Systems, Inc., NXGN Management, Netsmart Technologies, IBM, Holmusk, Core Solutions, Inc, Cerner Corporation, and others.
The significant factors driving the growth of the digital brain health market include brain-computer connections, telemedicine and remote monitoring, individualized drug, growing technological necessity, and mental health distresses are all on the rise.
The challenges limiting the growth of the digital brain health market are limited obtainability and affordability, worries about the security and privacy of data, regulatory challenges, and ethical issues.
The digital brain health market has a lot of prospects for progress due to solutions for individualized brain health, portable brain monitoring technology, intellectual fitness and wellness, aging population and neurological disorders, and incorporation with healthcare ecosystems.