Press release
Neurofeedback Market Size, Share, Development by 2023
Neurofeedback is a non-invasive method of direct brain function training. It is also a type of biofeedback and is therefore, also called EEG Biofeedback. It uses the electrodes (which act like tiny microphones) placed on the client's scalp to record and amplify the EEG, or brainwaves and control auditory, visual, and/or tactile feedback which allows learning to take place. This operant learning initiates self-regulation and enhances relaxation, both necessary components of good brain function.
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Global Neurofeedback Market: Forecast by Type / Application / Region
The fast growth of Neurofeedback system market largely caused by the introduction of smart portable device. The production is increasing largely and the price is decreasing. These new products mainly introduced in North American and Asia regions.
North America is the largest supplier of Neurofeedback System, with a production market share nearly 60% in 2016. Europe is the second largest supplier of Neurofeedback System, enjoying production market share nearly 20.5% in 2016.
North America is also the largest consumption place, with a consumption market share nearly 57% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 19%.
Over the next five years, LPI(LP Information) projects that Neurofeedback will register a 6.1% CAGR in terms of revenue, reach US$ 50 million by 2023, from US$ 37 million in 2017.
Global Neurofeedback Market: Key Players
BrainMaster Technologies
BEE Medic
Brainquiry
Mitsar
Thought Technology
Mind Media
Wearable Sensing
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Related Information:
United States Neurofeedback Market Research Report 2018
Europe Neurofeedback Market Research Report 2018
North America Neurofeedback Market Research Report 2018
Asia-Pacific Neurofeedback Market Research Report 2018
China Neurofeedback Market Research Report 2018
EMEA Neurofeedback Market Research Report 2018
Global Neurofeedback Market Research Report 2018
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