The Neurofeedback Market, estimated at USD 1,444.6 Mn in 2025, is expected to exhibit a CAGR of 7.33% and reach USD 2,370.3 Mn by 2032.
The industry is witnessing significant growth driven by rising demand for advanced, reliable, and cost-effective medical devices across diagnostic, therapeutic, and monitoring applications. Rapid advancements in device design, digital health integration, and adoption of minimally invasive technologies are reshaping the competitive landscape. Furthermore, supportive regulatory frameworks, increasing healthcare investments, and the growing focus on patient-centric care are expected to create new growth avenues for market players.
The increasing number of awareness campaigns for mental illness such as anxiety, insomnia, and others by the key players in the market is expected to drive the market growth over the forecast period. For instance, in June 2025, The American Academy of Sleep Medicine and the Society of Behavioral Sleep Medicine, launched an awareness campaign, Insomnia Awareness Night. Moreover, Insomnia Awareness Night, has been launched in U.S. to provide education and support for those living with chronic insomnia.
Global Neurofeedback Market – Impact of Coronavirus (COVID-19) Pandemic
World Health Organization (WHO) designated the illness caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) that first appeared in Wuhan (province of Hubei, China) in the last months of 2025 as "coronavirus disease 2025," or COVID-19. This virus spread quickly and had a serious negative impact on the economies, social behaviors, and health of every.
With its rapid spread, the worldwide pandemic has intensified anxiety and depression in communities all over the world, which has caused mental health illnesses in people. Due to the COVID-19 epidemic, the prevalence of depression and anxiety disorders increased in 2025. According to a World Health Organization (WHO) report from March 2025, the prevalence of anxiety and depression rose by almost 25% in the first year of the pandemic. The pandemic gave market companies the chance to create cutting-edge approaches to deal with the growing burden of anxiety and depression disorders globally, which fueled the industry's expansion.
Global Neurofeedback Market: Key Developments
In April 2025, Neurovative Diagnostics and Ambulatory Neurological Services (ANS), two leading providers of Electroencephalogram (EEG) services, announced the merger of their companies. Neurovative and ANS currently provide in-home EEGs and EEG monitoring services across the U.S., with recent expansion in the Middle East. Neurovative and ANS will continue serving their existing clients, combining to form the largest provider of in-home EEG procedures.