Brain Computer Interface Market Examination and Industry Growth Till 2025 Which is Going to Change Industry Future
Seattle, WA -- (SBWIRE) -- 11/08/2019 -- A Brain Computer Interface (BCI) is a revolutionary system that facilitates a direct communication pathway between a functional brain and peripheral electronic devices that are used to calibrate the movement in physically challenged individuals. A brain computer interface system records the brain signal from the surface of the cortex, through signaling devices implanted within the brain or from the sensors placed over the scalp.
These signals are then transmitted to the connected peripheral device that enables the operator to perform numerous tasks. With the help of a brain computer interface system, the paralyzed and handicapped individuals can overcome their physical challenges and perform various day-to-day tasks. The primary function of a brain computer interface device is to intercept the electrical signals that pass between the neurons and transmit them to an external device. Brain computer interface (BCI) is also referred to as a brain machine interface (BMI), direct neural interface (DNI), or mind machine interface (MMI).
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The growth of the market is fuelled by the high adoption rate among people across the globe owing to increasing accidents and casualties along with increasing fatal diseases. Huge investments and funds are being raised in different forms in the field of research and development of brain computer interface systems. High economic growth will catalyze its market exponentially.
Global Brain Computer Interface (BCI) Market: Segment Analysis
The BCI market is segmented into application and product type. The application segment includes communication, healthcare, gaming and entertainment, and others. Healthcare segment will dominate the global BCI market as the demand for this technology for treating paralytic patients, sleep disorders, and neurological diseases remains high. The product type is segmented into non-invasive BCI and invasive BCI.
North America brain computer interface (BCI) market is expected to dominate the market, due increasing investment for developing advanced healthcare solution, and increasing R & D initiatives from educational sector, and expanding research laboratories focused on brain computer interface (BCI) development. Asia pacific brain computer interface (BCI) market is identified as the fastest growing market, due to continuous focus on sensor based technologies and continuous adaptation to advanced healthcare solution.
Some of the prominent players in the global Brain computer interface market are Natus Medical Incorporated, EMOTIV, NeuroSky, Inc, NIHON KOHDEN CORPORATION, Compumedics Limited, g.tec, Brain Products GmbH, Advanced Brain Monitoring, Inc, BrainCo, Inc., MindMaze, and Neuroelectrics.
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