Global Brain Computer Interface Industry Research Report, Growth Trends and Competitive Analysis 2024-2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Latest Trends
Publisher : MRA | Format : PDF
Global Brain Computer Interface Industry Research Report, Growth Trends and Competitive Analysis 2024-2034
A brain computer interface (BCI) is a revolutionary system that facilitates a direct communication pathway between a functional brain and peripheral electronic devices that are used to calibrate the movement in physically challenged individuals. A brain computer interface system records the brain signal from the surface of the cortex, through signaling devices implanted within the brain or from the sensors placed over the scalp.
Due to the COVID-19 pandemic, the global Brain Computer Interface market size was US$ 196.9 million in 2023 and is forecast to a readjusted size of US$ 460.1 million by 2033 with a CAGR of 12.4% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Invasive accounting for % of the Brain Computer Interface global market in 2023, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Healthcare segment is altered to an % CAGR throughout this forecast period.
These signals are then transmitted to the connected peripheral device that enables the operator to perform numerous tasks. With the help of a brain computer interface system, the paralyzed and handicapped individuals can overcome their physical challenges and perform various day-to-day tasks. The primary function of a brain computer interface device is to intercept the electrical signals that pass between the neurons and transmit them to an external device. Brain computer interface (BCI) is also referred to as a brain machine interface (BMI), direct neural interface (DNI), or mind machine interface (MMI).
Numerous technological developments in the field of computation, human sensing, along with the application of brain computer interface technology for entertainment, gaming, communication, and control, are some of the major factors that drive the growth of the brain computer interface market size. Intensive research carried out to develop a cure for paralyzing brain disorders and injuries is likely to boost the brain computer interface market. However, the ethical problem faced during the research, i.e. use of brain computer interface on patients whose informed consent cannot be obtained, can act as a restraint for the brain computer interface industry.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Brain Computer Interface market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Brain Computer Interface market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Brain Computer Interface market. Readers of the report can become informed about current and future trends of the global Brain Computer Interface market and how they will impact market growth during the forecast period.
Nihon Kohden Corporation
Mind Solutions
Advanced Brain Monitoring
Quantum Applied Science and Research
Cadwell Laboratories
OpenBCI
Cortech Solutions
NeuroSky
Emotiv
Guger Technologies OEG
Segment by Type
Invasive
Non-invasive
Partially invasive
Healthcare
Communication and control
Entertainment and gaming
Smart home control
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter 1Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on.
Chapter 2Revenue of Brain Computer Interface in global and regional level.
Chapter 3Detailed analysis of Brain Computer Interface companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 7Europe by type, by application and by country, revenue for each segment.
Chapter 8Asia Pacific by type, by application and by region, revenue for each segment.
Chapter 9Latin America by type, by application and by country, revenue for each segment.
Chapter 10Middle East and Africa, by type, by application and by country, revenue for each segment.
Chapter 11Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Brain Computer Interface revenue, gross margin, and recent development, etc.
Chapter 12Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 13Research Findings and Conclusion
Due to the COVID-19 pandemic, the global Brain Computer Interface market size was US$ 196.9 million in 2023 and is forecast to a readjusted size of US$ 460.1 million by 2033 with a CAGR of 12.4% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Invasive accounting for % of the Brain Computer Interface global market in 2023, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Healthcare segment is altered to an % CAGR throughout this forecast period.
These signals are then transmitted to the connected peripheral device that enables the operator to perform numerous tasks. With the help of a brain computer interface system, the paralyzed and handicapped individuals can overcome their physical challenges and perform various day-to-day tasks. The primary function of a brain computer interface device is to intercept the electrical signals that pass between the neurons and transmit them to an external device. Brain computer interface (BCI) is also referred to as a brain machine interface (BMI), direct neural interface (DNI), or mind machine interface (MMI).
Numerous technological developments in the field of computation, human sensing, along with the application of brain computer interface technology for entertainment, gaming, communication, and control, are some of the major factors that drive the growth of the brain computer interface market size. Intensive research carried out to develop a cure for paralyzing brain disorders and injuries is likely to boost the brain computer interface market. However, the ethical problem faced during the research, i.e. use of brain computer interface on patients whose informed consent cannot be obtained, can act as a restraint for the brain computer interface industry.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Brain Computer Interface market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Brain Computer Interface market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Brain Computer Interface market. Readers of the report can become informed about current and future trends of the global Brain Computer Interface market and how they will impact market growth during the forecast period.
By Company
Nihon Kohden Corporation
Mind Solutions
Advanced Brain Monitoring
Quantum Applied Science and Research
Cadwell Laboratories
OpenBCI
Cortech Solutions
NeuroSky
Emotiv
Guger Technologies OEG
Segment by Type
Invasive
Non-invasive
Partially invasive
Segment by Application
Healthcare
Communication and control
Entertainment and gaming
Smart home control
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on.
Chapter 2Revenue of Brain Computer Interface in global and regional level.
Chapter 3Detailed analysis of Brain Computer Interface companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 7Europe by type, by application and by country, revenue for each segment.
Chapter 8Asia Pacific by type, by application and by region, revenue for each segment.
Chapter 9Latin America by type, by application and by country, revenue for each segment.
Chapter 10Middle East and Africa, by type, by application and by country, revenue for each segment.
Chapter 11Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Brain Computer Interface revenue, gross margin, and recent development, etc.
Chapter 12Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 13Research Findings and Conclusion