Orion
Market Research (OMR) recently published a market research report on Global
Brain Computer Interface Market.
According to OMR analysis, the global Brain Computer Interface market is
expected to grow significantly during the forecast period (2018-2023). The
market is segmented on the basis of component, type, application, technology,
end-user and regional outlook. The report provides detailed & insightful
chapters which include market overview, key findings, strategic
recommendations, market estimations, market determinants, key company analysis,
market insights, company profiling, market segmentation, geographical analysis,
analyst insights and predictive analysis of the market.
Brain
computer interface (BCI) has been creating new dimensions in the areas of
healthcare and gaming. Its application in the healthcare segment has been
primarily driven by increasing prevalence of brain disorders globally. For
example, according to Alzheimer’s association, the number of Americans
suffering from Alzheimer disease (AD) is growing rapidly. It was estimated that
5.7 million including all ages having Alzheimer’s dementia in 2018. This figure
comprises 5.5 million people aged 65 and over. Nearly, two-thirds of Americans
having Alzheimer’s are women. BCIs are an alternative method that enables to
act and communicate with the world. It works by sending messages or commands
from the brain to an external device without utilizing the normal output
pathways of peripheral muscles and nerves. The most advanced stage of AD
patients, who are not able to communicate verbally, can be benefitted from BCI
as it allows them to convey emotions and basic thoughts such as yes or no.
Full report
of Global
Brain Computer Interface Market is available at
https://www.omrglobal.com/industry-reports/bci-brain-computer-interface-market/
Moreover,
BCI has expanded clinical applications to replace lost or to improve impaired
brain function. Hence, the technology is creating new dimensions for the
treatment of neurological conditions and allowing patients to communicate with
the people. This, in turn, is driving the demand for BCI in healthcare
applications. In addition, in 2017, Tesla CEO, Elon Musk and SpaceX has
introduced a company, named Neura link to produce devices that can be implanted
in the human brain. This represents their focus towards innovations in BCI for
the treatment of brain disorders, which is expected to create new dimensions
for the treatment of brain disorders.
Furthermore,
growing demand of BCI in the gaming applications has been observed in the past
duration. Microsoft, Google and Samsung are certain major companies focused on
VR technology for gaming applications. These companies invested millions of
dollars in the overall VR platforms. However, start-ups are also focusing on VR
gaming platforms. For instance, in Aug 2017, the Boston based Start-up firm,
Neurable, Inc. introduced the world’s first mind controller VR game. Its BCI
technology determines brain activity by electroencephalography (EEG). In
addition, it enables to translate those brain signals into specific directions
under the VR environment. It is played with an HTC Vive virtual reality headset
with Neurable's strap which is attached for mind-controlled gaming.
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free sample request visit at: https://www.omrglobal.com/request-sample/?id=17899
Neurable,
Inc. is eventually interested in BCI that can work across multiple platforms,
however early demonstrations are based on VR gaming. The game is developed in
partnership with a Madrid-based VR graphics company named studio future.
Such innovations are expected to contribute towards the adoption of BCI in the
gaming industry and will enable the market to grow further.
Comprehensive research methodology of Global Brain Computer Interface Market:
This report also includes
detailed and extensive market overview with key analyst insights.
· An exhaustive analysis of macro and micro
factors influencing the market guided by key recommendations.
·
Analysis of regional regulations and other
government policies impacting the Global BCI Market.
·
Insights about market determinants which are
stimulating the Global BCI Market.
·
Detailed and extensive market segments with
regional distribution of forecasted revenues.
·
Extensive profiles and recent developments of
market players.
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404
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