#NeuroProsthetics

[insightslicelive]

Neuroprosthetics Market Sales Revenue Strategies Insights 2022-2032 | Medtronic, Abbott, Cochlear, Boston Scientific

Neuroprosthetics Market Sales Revenue Strategies Insights 2022-2032 | Medtronic, Abbott, Cochlear, Boston Scientific

The Global Neuroprosthetics Market 2023 to 2032 report provides details of new recent developments, trade regulations, import-export intelligence, supply chain balance, share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic growth analysis, size, category growths, application niches and dominance,…

[jagabrialwatlean111]

Neuroprosthetics market is experiencing a surge in sales across the globe, and it has been considerably boosted by technological advancement.

[luckydige45]

According to Nova One Advisor, the neuroprosthetics market size was exhibited at USD 13.09 billion in 2023 and is projected to hit around USD 56.76 billion by 2033, growing at a CAGR of 15.8% during the forecast period 2024 to 2033.

[soumyafwr]

https://trumpbookusa.com/blogs/151151/Neuroprosthetics-Market-Analysis-Size-Share-and-Forecast-2031

Neuroprosthetics Market Analysis, Size, Share, and Forecast 2031

[mitalipingale]

https://www.shtfsocial.com/blogs/150432/Neuroprosthetics-Market-Share-Overview-Competitive-Analysis-and-Forecast-2031

The Neuroprosthetics Market in 2023 is US$ 10.7 billion, and is expected to reach US$ 26.53 billion by 2031 at a CAGR of 12%.

[jointhebrigade]

Neuralink has started human clinical trials for their Brain-Computer Interface (BCI) device called N1. The company just secured another $43 million in funding, bringing their total capital raised to more than $320 million. The PRIME Study (short for Precise Robotically Implanted Brain-Computer Interface) is for patients that have limited or no ability to use both hands due to cervical spinal cord injury or amyotrophic lateral sclerosis (ALS). Neuralink says it plans to perform 11 surgeries in 2024, 27 in 2025, 79 in 2026 and more than 22,000 by 2030. Once approved by the FDA, each implant surgery is expected to cost around $40,000 including exams, the device and labor. The company forecasts annual revenue as high as $100 million within five years (2028). In the short-term Neuralink is aiming to treat serious brain diseases, but the eventual goal is to provide human enhancement and achieve "symbiosis with artificial intelligence.” 😳

[moremedtech]

Brainwave-reading implant lets paralyzed man spell out 1,100 words

Brainwave-reading implant lets paralyzed man spell out 1,100 words. A paralyzed man who cannot speak or type was able to spell out over 1,000 words using a neuroprosthetic device that translates his brain waves into full sentences, US researchers said. "Anything is possible," was one of the man's favorite phrases to spell out, said the first author of a new study on the research, Sean Metzger of the University of California San Francisco (UCSF). Last year the team of UCSF researchers showed that a brain implant called a brain-computer interface could translate 50 very common words when the man attempted to say them in full. In the new study, published in the journal Nature Communications, they were able to decode him silently miming the 26 letters of the phonetic alphabet. "So if he was trying to say 'cat', he would say charlie-alpha-tango," Metzger told AFP A spelling interface then used language-modeling to crunch the data in real time, working out possible words or errors. The researchers were able to decode more than 1,150 words, which represent "over 85 percent of the content in natural English sentences", the study said. They simulated that this vocabulary could be extended to more than 9,000 words, "which is basically the number of words most people use in a year," Metzger said. The device decoded around 29 characters a minute, with an error rate of six percent. That worked out to be around seven words a minute. The man is referred to as BRAVO1, as the first participant of the Brain-Computer Interface Restoration of Arm and Voice trial. Now in his late 30s, he suffered a stroke when he was 20 that left him with anarthria—the inability to speak intelligibly, though his cognitive function remained intact. He normally communicates by using a pointer attached to a baseball cap to poke at letters on a screen. In 2019, the researchers surgically implanted a high-density electrode on the surface of his brain, over the speech motor cortex. Via a port embedded in his skull, they have since been able to monitor the different electrical patterns produced when he tries to say varying words or letters.

'Unique advantage'

Metzger said that BRAVO1 "really enjoyed using this device because he's able to communicate quickly and easily with us". One of the best parts of the study was when BRAVO1 was told to spell out "whatever he wants", Metzger said. "I got to learn a good amount about him," said Metzger. Among BRAVO1's surprising comments was that "he really didn't like the food where he lives," Metzger added. Last year a brain-computer interface developed at Stanford University was able to decode 18 words a minute when a participant imagined handwriting. But Metzger said their speech-based approach has a "unique advantage". The 50 commonly used words—which the participant silently speaks in full—could be used for many interactions, while rarer words could be spelled out, offering the "best of both worlds", he said. The research, which still needs to be confirmed in other participants, is still some way off from becoming available to the thousands of people who lose the ability to talk due to strokes, accidents or disease every year. Patrick Degenaar, a neuroprosthetics professor at the UK's Newcastle University who was not involved in the research, hailed the "very impressive results". Because neuroprosthetic surgery is "highly invasive and has risks", such a device would likely only be used by a very small number of people in the immediate future, he told AFP. https://youtu.be/z4bpgXCAokw More information: Sean L. Metzger et al, Generalizable spelling using a speech neuroprosthesis in an individual with severe limb and vocal paralysis, Nature Communications (2022). DOI: 10.1038/s41467-022-33611-3 Journal information: Nature Communications Read the full article

[insightslicelive]

Neuroprosthetics Market Will Generate Booming Growth Opportunities to 2032 | Livanova, Second Sight, Med-El, Retina Implant

Neuroprosthetics Market Will Generate Booming Growth Opportunities to 2032 | Livanova, Second Sight, Med-El, Retina Implant

“ The Neuroprosthetics Market research report provides detailed observation of several aspects, including the shift in rate of growth, regional scope and recent developments by the primary market players. The report offers Porter’s Five Forces, PESTLE analysis to provide a complete research study on the global Neuroprosthetics market. The research study discusses about important market…

[jagabrialwatlean111]

Neuroprosthetics market is experiencing a surge in sales across the globe, and it has been considerably boosted by technological advancement.

[pharmainsights]

[soumyafwr]

Neuroprosthetics Market Analysis, Size, Share, and Forecast 2031