Blog: The Future of Brain-Computer Interfaces
How long before human minds merge with machines?
As the power of modern computers grows alongside our understanding of the human brain, we move ever closer to making some pretty spectacular science fiction into reality. Imagine transmitting signals directly to someone’s brain that would allow them to see, hear or feel specific sensory inputs. Consider the potential to manipulate computers or machinery with nothing more than a thought. It isn’t about convenience — for severely disabled people, development of a brain-computer interface (BCI) could be the most important technological breakthrough in decades. In this article, we’ll learn all about how BCIs work, their limitations and where they could be headed in the future.
In simple terms, brain-computer interfaces (BCI) involve extracting information from the brain using computational methods and then applying stimulation back into the brain.
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The brain computer interface (BCI) market is expected to grow significantly due to the key factors such as rise in the expenditure of research and developments, rise in the use of the advanced technological devices for the various lifestyle diseases such sleeping disorder and neurological disorders. The technological developments in this arena likely to open the opportunities for the brain computer interface market in coming future.
The key players influencing the market are Integra LifeSciences Corporation., Mindmaze, CASMED, EMOTIV, Compumedics Limited, Advanced Brain Monitoring, Inc., Natus Medical Incorporated., OpenBCI, Cadwell Industries, Inc., and Cortech Solutions, Inc.
North America holds the largest market for the brain computer interface (BCI) followed by Europe. The Asia Pacific market is the fastest growing market as increase in expenditure for research institutes and support from government bodies for funds, and grants, have boosted the research activities to grow the use of brain computer interface market.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America.