April 19, 2019
WELLESLEY, Mass., April 19, 2019–The increasing prevalence of neurological disorders, the search for state-of-the-art diagnostic techniques, and the need to provide better healthcare are factors helping to drive the neurophotonics market, according to a report by BCC Research.
The market expects to see a compound annual growth rate (CAGR) of 12.6% through 2023, when it could be worth $1.7 billion, according to the report “Neurophotonics: Global Markets and Technologies to 2023.”
“Optical technologies are gaining increasing popularity in the biomedical field for evaluating and treating a range of medical conditions,” notes report author Margareth Gagliardi. “During the past 50 years, optical technologies have also been introduced into the study of neurons and neural activities, contributing to the expansion of a new branch of biophotonics and neuroscience called neurophotonics. Light-based technologies are gaining growing interest in neurology because they offer advantages over other methods (e.g., X-rays, magnetic fields and radio waves), such as lower cost, long-term safety and portability.”
New Technological Developments Include Wearable Tomography, Wireless Wearable Monitors
While functional magnetic resonance imaging is one of the most popular methods for studying brain activities, it is not practical in all cases. A new technology entering the market is the wearable diffuse optical tomography cap, which offers super-pixel detection. New wireless monitoring systems, meanwhile, measure brain blood oxygenation and employ Bluetooth to send signals to a mobile terminal. Finally, researchers in South Korea have introduced a deep brain stimulation system that incorporates surface-enhanced Raman spectroscopy.
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Neurophotonics: Global Markets and Technologies to 2023( PHO031A )
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