New York, July 22, 2019 (GLOBE NEWSWIRE) -- The growth of the market is governed by various factors such as increased incidences of mental disorders across various regions
The Brain-computer interface market is expected to reach USD 2.67 Billion by 2026, according to a new report by Reports and Data. Research and development in the brain-computer interface systems are developing rapidly and is focused mainly on neuroprosthetic applications. Any modification of thought process leads to the shift in electrophysiological signals, which gets recognized by the BCI system. These electrophysiological signals are converted into command signals by the BCI system which can be used for several applications such as the development of video games.
BCIs (Brain-computer interfaces) are a recovery device for tetraplegia patients that intend to enhance the quality of life by increasing communication, selfâ€care, and control of the environment. The neurobiology of both recovery and BCI command depends upon learning to transform the efficiency of spared neural groups that imitate sensation, movement, and thought through continuous practice with feedback and remuneration. BCI demand is projected to gain a substantial boost soon because of the rising prevalence of stroke, depression, and Parkinson’s disease among the population.
The market in the North America region accounts for the largest share of 42.3% of the market in 2018. The largest share is due to the growing population, rising occurrence of neurodegenerative disorders coupled with the increasing prevalence of virtual gaming. The growing population could be exposed to brain-related disorders that lead to critical disabilities.
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Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this study, Reports and Data have segmented the market on the basis of Product, End user, Application and region:
Product Outlook (Revenue, USD Million; 2018-2026)
End user Outlook (Revenue, USD Million; 2018-2026)
Application Outlook (Revenue, USD Million; 2018-2026)
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Regional Outlook (Revenue, USD Billion ; 2018-2026)
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