Latin America Wearable Brain Devices Market Size & Outlook

The wearable brain devices market in Latin America is expected to reach a projected revenue of US$ 24.9 million by 2030. A compound annual growth rate of 14% is expected of Latin America wearable brain devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$9.9
Forecast, 2030 (US$M)
$24.9
CAGR, 2024 - 2030
14.1%
Report Coverage
Latin America

Latin America wearable brain devices market highlights

  • The Latin America wearable brain devices market generated a revenue of USD 9.9 million in 2023.
  • The market is expected to grow at a CAGR of 14% from 2024 to 2030.
  • In terms of segment, 32-channel type was the largest revenue generating channel type in 2023.
  • Multichannels is the most lucrative channel type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 9.9 million
Market revenue in 2030USD 24.9 million
Growth rate14% (CAGR from 2023 to 2030)
Largest segment32-channel type
Fastest growing segmentMultichannels
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentation32-Channel Type, 12-Channel Type, 14-Channels, 5-Channel Type, Multichannels, Other (9, 8, etc.) Channel Type
Key market players worldwideBrain Scientific Inc, Kernel Holding SA, Emotiv, Neurolief, BioSerenity, Brain Products, MBrainTrain, Cognionics, Inc., Bitbrain, Dreem, Nextmind, Caldwell, Neuroelectrics

Other key industry trends

  • In terms of revenue, Latin America region accounted for 3.5% of the global wearable brain devices market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 112.2 million by 2030.

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Wearable Brain Devices Market Companies

Name Profile # Employees HQ Website

Latin America wearable brain devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wearable brain devices market will help companies and investors design strategic landscapes.


32-channel type was the largest segment with a revenue share of 35.35% in 2023. Horizon Databook has segmented the Latin America wearable brain devices market based on 32-channel type, 12-channel type, 14-channels, 5-channel type, multichannels, other (9, 8, etc.) channel type covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Wearable Brain Devices Channel Type Outlook (Revenue, USD Million, 2018-2030)
    • 32-Channel Type
    • 12-Channel Type
    • 14-Channels
    • 5-Channel Type
    • Multichannels
    • Other (9, 8, etc.) Channel Type
  • Latin America Wearable Brain Devices Application Outlook (Revenue, USD Million, 2018-2030)
    • Medical Setting
      • Epilepsy
      • Sleep Disorders
      • Parkinson’s Disease
      • Traumatic Brain Injury (TBI)
      • Alzheimer’s
      • Other Medical Setting
    • AR/VR Gaming Settings
    • Other Application
  • Latin America Wearable Brain Devices End Use Outlook (Revenue, USD Million, 2018-2030)
    • Neurology Centers
    • Hospitals & Clinics
    • Ambulatory Surgery Centers (ASCs)
    • Diagnostic Centers
    • Transportation and Construction
    • Reaserch and Acedemics
    • Homecare Settings
    • Intensive Care Units
    • Assisted Living Facilities
    • Athletes and Military Personnel
    • Other End Use

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Target buyers of Latin America wearable brain devices market databook

  • Our clientele includes a mix of wearable brain devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America wearable brain devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America wearable brain devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America wearable brain devices market size, by country, 2018-2030 (US$M)

Latin America Wearable Brain Devices Market Outlook Share, 2023 & 2030 (US$M)

Latin America wearable brain devices market size, by country, 2018-2030 (US$M)

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