Brain Computer Interface market

Brain Computer Interface Market, Global Outlook and Forecast 2023-2030

  • 03 August 2023
  • ICT & Media
  • 67 Pages
  • Report code : PMR-7768541

  • 4.7 (158)

Brain Computer Interface Market

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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.
Brain Computer Interface Market contains market size and forecasts of Brain Computer Interface in Global, including the following market information:
Global Brain Computer Interface Market Size 2024-2030, ($ millions)
The global Brain Computer Interface market is projected to reach US$ 444.2 million by 2030.
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.
We surveyed the Brain Computer Interface companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Brain Computer Interface Market, by Type, 2024-2030 ($ millions)
Global Brain Computer Interface Market Segment Percentages, by Type
Invasive
Non-invasive
Partially invasive
Global Brain Computer Interface Market, by Application, 2024-2030 ($ millions)
Global Brain Computer Interface Market Segment Percentages, by Application
Healthcare
Communication and control
Entertainment and gaming
Smart home control
Others
Global Brain Computer Interface Market, By Region and Country, 2024-2030 ($ Millions)
Global Brain Computer Interface Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Nihon Kohden Corporation
Mind Solutions
Advanced Brain Monitoring
Quantum Applied Science and Research
Cadwell Laboratories
OpenBCI
Cortech Solutions
NeuroSky
Emotiv
Guger Technologies OEG

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