Neurofeedback Systems Market Overview
A neurofeedback system is a non-invasive method of training direct brain function. Because neurofeedback is a type of biofeedback, it is also known as EEG biofeedback. Electrodes are used in neurofeedback to record and amplify brain waves. The neurofeedback system regulates visual, auditory, and tactical feedback, which aids in learning.
The neurofeedback system promotes relaxation and self-regulation, both of which are essential components of good brain function. To better map brain activity, neurofeedback systems consider behavioural, cognitive, and subjective factors, as well as brain activity. Biofeedback is defined as “a process that enables an individual to learn how to change physiological activity for the purposes of improving health and performance” by the International Society for Neurofeedback and Research (ISNR).
Neurofeedback Systems Market: Drivers and Restraints
The global neurofeedback systems market is expected to grow over the forecast period due to its alternative and complementary treatment for several brain dysfunction, rising demand for non-invasive treatment protocols, and increased prevalence of several neurological disorders in recent times.
The market for neurofeedback systems is expected to be driven by increasing technological advances in the neurofeedback system and a rising product approval pipeline over the forecast period. However, neurofeedback systems are expensive, results are often time consuming, benefits are not long lasting, a shortage of skilled professionals to operate the systems, and a lack of conclusive scientific evidence may impede the growth of the neurofeedback systems market over the forecast period.
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Neurofeedback Systems Market: Overview
The global neurofeedback systems market is oligopolistic, with a few players dominating the market. To gain a larger market share, marketers in the neurofeedback systems market are developing newer technologies and training modules for healthcare professionals. In developed economies, neurofeedback is a reimbursable service, which aids in the increased adoption of this treatment method.
Outlook for the Neurofeedback Systems Market by Region
North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East, and Africa are the regions that make up the neurofeedback systems market. North America and Europe will continue to be important markets for neurofeedback systems.
Developed markets such as North America and Europe are expected to grow rapidly due to advanced healthcare infrastructure and reimbursement policies in the region. Furthermore, key players
Key Players in the Neurofeedback Systems Market
BrainMaster Technologies, Inc., bee Medic, brainquiry, Mitsar Co. Ltd., Thought Technology Ltd., Mind Media B.V., and Wearable Sensing are a few players in the neurofeedback systems market.
The research report provides an in-depth analysis of the market and includes thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections based on an appropriate set of assumptions and methodologies. The research report categorises analysis and information into market segments, geographies, types, technology, and applications.
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Neurofeedback Systems Market: Segmentation
Global neurofeedback systems market has been segmented on the basis of product, type of neurofeedback system, application, end user and region
Based on the product type, the global neurofeedback systems market is segmented into the following:
- Amplifiers
- Electrodes or Sensors
- Computer Software
Based on the neurofeedback system type, the global neurofeedback systems market is segmented into the following:
- Frequency/Power Neurofeedback System
- Slow Cortical Potential Neurofeedback (SCP-NF) System
- Low-Energy Neurofeedback System (LENS)
- Hemoencephalographic (HEG) Neurofeedback System
- Live Z-Score Neurofeedback System
- Low-Resolution Electromagnetic Tomography (LORE-TA)
- Functional Magnetic Resonance Imaging (fMRI)
Based on the application, the global neurofeedback systems market is segmented into the following:
- Attention Deficit Hyperactivity Disorder (ADHD)
- Anxiety
- Depression
- Epilepsy
- Insomnia
- Drug Addiction
- Schizophrenia
- Others
Based on the end user, the global neurofeedback systems market is segmented into the following:
- Hospitals
- Physician Offices
- Ambulatory Surgical center
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