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Brain Computer Interface Market Size, Share & Trends Analysis Report by Application (Healthcare, Communication & Control), by Product (Invasive, Non-invasive), by End Use (Medical, Military), and Segment Forecasts, 2022-2030

  • ID: 5004000
  • Report
  • April 2022
  • Region: Global
  • 150 Pages
  • Grand View Research

FEATURED COMPANIES

  • Ant Neuro
  • Brain Products GmbH
  • Cgx, a Cognionics Company
  • Compumedics Neuroscan
  • Emotiv
  • Interaxon, Inc.
The global brain computer interface market size is expected to reach USD 6.18 billion by 2030., registering a CAGR of 17.16% over the forecast years. Brain Computer Interface (BCI) is a revolutionary technology that facilitates direct contact between peripheral electronic devices calibrating the movement and a functional brain in physically challenged people. This system records the brain signal from the sensors that are placed over the scalp or devices implanted in the brain. Compumedics, in its annual report 2021, stated that it is demonstrating strong signs of growth in the future and is returning to its normal business after the COVID-19 pandemic.



It also stated that with the post-COVID-19 trends, such as high demand for eHealth and home-based healthcare services, the company is set to share many positive announcements in 2022. Hence, the market players are now moving toward positive growth post the pandemic. The market growth is anticipated to be driven by continuous developments in medical sensors and computational biology. In addition, increasing R&D pertinent to the development of treatment options for chronic conditions, such as cerebrovascular diseases, sleep disorders, brain disorders, and fatal injuries, is further contributing to the market growth.

Furthermore, growing R&D investments and the presence of government projects, such as DECODER (European project that used BCI to detect consciousness in non-responsive patients), coupled with the rising focus of major market players on emerging economies, such as Japan and China, are expected to propel market growth over the forecast period. The ongoing technological advancements in the field of virtual reality and increasing applications of BCI in the communication, gaming, and entertainment industry are some of the key contributors to the market growth. The technology encompasses a wide array of applications designed to revolutionize the communication, automation, security, and entertainment experience.

Brain Computer Interface Market Report Highlights

  • In terms of revenue, the non-invasive segment held the largest share in 2021. Technological advancement and increased usage in gaming and entertainment are acting as the key growth contributors for this segment.
  • On basis of application, healthcare was the largest revenue-generating segment in 2021. Wide application of BCI technology in the treatment of sleeping disorders, Alzheimer’s, and Parkinson’s is a vital factor contributing to the segment growth.
  • The military segment is expected to register the fastest CAGR over the forecast period owing to increased application of BCI in war zones.
  • Asia Pacific is expected to exhibit the fastest CAGR over the forecast period. An increase in disposable income and low-cost manufacturing sites will fuel the regional market growth in the coming years.
  • The BCI is an emerging technology that is currently at a nascent stage; however, the increasing interest among researchers in collaboration with the government is expected to fuel market growth.


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Frequently Asked Questions about the Global Brain Computer Interface Market

What is the estimated value of the Global Brain Computer Interface Market?

The Global Brain Computer Interface Market was estimated to be valued at $1.7 Billion in 2022.

What is the growth rate of the Global Brain Computer Interface Market?

The growth rate of the Global Brain Computer Interface Market is 17.1%, with an estimated value of $6.2 Billion by 2030.

What is the forecasted size of the Global Brain Computer Interface Market?

The Global Brain Computer Interface Market is estimated to be worth $6.2 Billion by 2030.

Who are the key companies in the Global Brain Computer Interface Market?

Key companies in the Global Brain Computer Interface Market include Natus Medical Incorporated, G.Tec Medical Engineering GmbH, Brain Products GmbH, Medtronic, Compumedics Neuroscan, Advanced Brain Monitoring, Inc., Integra Lifesciences Corporation, Emotiv and Neurosky.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ant Neuro
  • Brain Products GmbH
  • Cgx, a Cognionics Company
  • Compumedics Neuroscan
  • Emotiv
  • Interaxon, Inc.

Chapter 1 Research Methodology & Scope
1.1 Market Segmentation & Scope
1.1.1 Estimates and Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database:
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research:
1.3.5 Details Of Primary Research
1.3.5.1 Data For Primary Interviews In North America
1.3.5.2 Data For Primary Interviews In Europe
1.3.5.3 Data For Primary Interviews In Asia Pacific
1.3.5.4 Data For Primary Interviews In Middle East and Africa
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.7 List Of Secondary Sources
1.8 List Of Primary Sources
1.9 Report Objectives
Chapter 2 Executive Summary
2.1 Market Outlook
2.1.1 Brain Computer Interface Market Outlook, 2017-2030 (USD Million)
2.2 Brain Computer Interface Market Summary, 2021
Chapter 3 Brain Computer Interface Market Variables, Trends & Scope
3.1 Penetration & Growth Prospect Mapping
3.2 User Perspective Analysis
3.2.1 Market Influencer Analysis
3.2 Brain Computer Interface Market Dynamics
3.2.1 Market Driver Analysis
3.2.1.1 Increasing Prevalence Of Neurodegenerative Disorders
3.2.1.2 Increasing Global Geriatric Population
3.2.1.3 Increasing Demand For Virtual Gaming Experience and Home Control Systems
3.2.1.4 Increasing R&D Spending Over Military and Medical Applications
3.2.2 Market Restraint Analysis
3.2.2.1 Adverse Usage Of Technology
3.2.2.2 Rising Public Concern About Ethical Issues Associated With Brain Computer Interface
3.3 Brain Computer Interface Market Analysis Tools: Porters
3.3.1 Supplier Power: High
3.3.2 Buyer Power: Moderate
3.3.3 Threat Of Substitutes: High
3.3.4 Threat Of New Entrants
3.3.5 Competitive Rivalary: Moderate
3.4 Pestel Analysis
3.4.1 Political/Legal Landscape
3.4.2 Economic Landscape
3.4.3 Technology Landscape
3.6 Clinical Trials Analysis
3.7 Technology Trends Analysis
3.8 Estimated Incidence Rate-U.S. & Europe, 2021
3.10.1 Stroke
3.10.2 Spinal Cord Injury
3.10.3 Amytrophic Lateral Sclerosis
3.10.4 Locked-In Syndrome
3.10.5 Paralysis
Chapter 4 Brain Computer Interface: Covid-19 Impact
4.1 Disease Prevalence Analysis
4.2 Current and Future Impact Analysis
4.3 Impact On Market Players
Chapter 5 Brain Computer Interface Market: Competitive Analysis
5.1 Market Participation Categorization
5.2 Public Companies
5.2.1 Company Market Position Analysis
5.2.2 Competitive Dashboard Analysis
5.2.2.1 Market Differentiators
5.2.3 Company Market Share/Position Analysis
5.3 Detailed List Of Market Players
Chapter 6 Brain Computer Interface Market: Product Estimates & Trend Analysis
6.1 Product Market Share Analysis, 2021 & 2030
6.2 Product Dashboard
6.2.1 Invasive Brain-Computer Interface
6.2.1.1 Invasive Brain-Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
6.2.2 Partially Invasive Brain-Computer Interface
6.2.2.1 Partially Invasive Brain-Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
6.2.3 Non-Invasive Brain-Computer Interface
6.2.3.1 Noninvasive Brain-Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
Chapter 7 Brain Computer Interface Market: Application Estimates & Trend Analysis
7.1 Application Market Share Analysis, 2021 & 2030
7.2 Application Dashboard
7.3 Healthcare
7.3.1 Healthcare Market Estimates and Forecasts, 2017-2030 (USD Million)
7.3.2 Disabilities Restoration Market Estimates and Forecasts, 2017-2030 (USD Million)
7.3.3 Brain Function Repair Market Estimates and Forecasts, 2017-2030 (USD Million)
7.4 Smart Home Control
7.4.1 Smart Home Control Market Estimates and Forecasts, 2017-2030 (USD Million)
7.5 Communication and Control
7.7.1 Communication and Control Market Estimates and Forecasts, 2017-2030 (USD Million)
7.6 Entertainment & Gaming
7.6.1 Entertainment & Gaming Market Estimates and Forecasts, 2017-2030 (USD Million)
Chapter 8 Brain Computer Interface Market: End Use Estimates & Trend Analysis
8.1 End Use Market Share Analysis, 2021 & 2030
8.2 End Use Dashboard
8.3 Medical
8.3.1 Medical Market Estimates and Forecasts, 2017-2030 (USD Million)
8.4 Military
8.4.1 Military Market Estimates and Forecasts, 2017-2030 (USD Million)
8.5 Others
8.5.1 Others Market Estimates and Forecasts, 2017-2030 (USD Million)
Chapter 9 Brain Computer Interface Market: Regional Estimates & Trend Analysis, by, Product, Application, and End-Use
9.1 Regional Market Snapshot
9.2 North America
9.2.1 North America Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.2.2 U.S.
9.2.2.1 U.S. Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.2.3 Canada
9.2.3.1 Canada Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.3 Europe
9.3.1 Europe Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.3.2 U.K.
9.3.2.1 Uk Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.3.3 Germany
9.3.3.1 Germany Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.3.2 Spain
9.3.2.1 Spain Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.3.3 France
9.3.3.1 France Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.3.3 Italy
9.3.3.1 Italy Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.4 Asia Pacific
9.4.1 Asia Pacific Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.4.2 Japan
9.4.2.1 Japan Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.4.3 China
9.4.3.1 China Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.4.3 India
9.4.3.1 India Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.5 Latin America
9.5.1 Latin America Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.5.2 Mexico
9.5.2.1 Mexico Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.5.3 Brazil
9.5.3.1 Brazil Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.6 MEA
9.6.1 MEA Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.6.2 South Africa
9.6.2.1 South Africa Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
9.6.2 Saudi Arabia
9.6.2.1 Saudi Arabia Brain Computer Interface Market Estimates and Forecasts, 2017-2030 (USD Million)
Chapter 10 Company Profiles
10.1 Natus Medical Incorporated
10.1.1 Company Overview
10.1.2 Financial Performance
10.1.3 Product Benchmarking
10.1.4 Strategic Initiatives
10.2 G.Tec Medical Engineering Gmbh
10.2.1 Company Overview
10.2.2 Financial Performance
10.2.3 Product Benchmarking
10.3 Brain Products Gmbh
10.3.1 Company Overview
10.3.2 Financial Performance
10.3.3 Product Benchmarking
10.3.4 Strategic Initiatives
10.4 Medtronic
10.4.1 Company Overview
10.4.2 Financial Performance
10.4.3 Product Benchmarking
10.4.4 Strategic Initiatives
10.5 Compumedics Neuroscan
10.5.1 Company Overview
10.5.2 Financial Performanc
10.5.3 Product Benchmarking
10.5.4 Strategic Initiatives
10.6 Advanced Brain Monitoring, Inc.
10.6.1 Company Overview
10.6.2 Financial Performance
10.6.3 Product Benchmarking
10.7 Integra Lifesciences Corporation
10.7.1 Company Overview
10.7.2 Financial Performance
10.7.3 Product Benchmarking
10.7.4 Strategic Initiatives
10.8 Emotiv
10.10.1 Company Overview
10.10.2 Financial Performance
10.10.3 Product Benchmarking
10.10.4 Strategic Initiatives
10.9 Interaxon, Inc.
10.9.1 Company Overview
10.9.2 Financial Performance
10.9.3 Product Benchmarking
10.10 Neurosky
10.10.1 Company Overview
10.10.2 Financial Performance
10.10.3 Product Benchmarking
10.10.4 Strategic Initiatives
10.11 Ant Neuro
10.11.1 Company Overview
10.11.2 Financial Performance
10.11.3 Product Benchmarking
10.11.4 Strategic Initiatives
10.12 Neuroelectrics
10.12.1 Company Overview
10.12.2 Financial Performance
10.12.3 Product Benchmarking
10.12.4 Strategic Initiatives
10.13 Ripple Neuro
10.13.1 Company Overview
10.13.2 Financial Performance
10.13.3 Product Benchmarking
10.13.4 Strategic Initiatives
10.14 Nirx Medical Technologies, Llc
10.14.1 Company Overview
10.14.2 Financial Performance
10.14.3 Product Benchmarking
10.14.4 Strategic Initiatives
10.15 Open Bci
10.15.1 Company Overview
10.15.2 Financial Performance
10.15.3 Product Benchmarking
10.15.4 Strategic Initiatives
10.16 Cgx, A Cognionics Company
10.16.1 Company Overview
10.16.2 Financial Performance
10.16.3 Product Benchmarking
10.16.4 Strategic Initiatives
Note: Product cover images may vary from those shown
  • Natus Medical Incorporated
  • G.Tec Medical Engineering GmbH
  • Brain Products GmbH
  • Medtronic
  • Compumedics Neuroscan
  • Advanced Brain Monitoring, Inc.
  • Integra Lifesciences Corporation
  • Emotiv
  • Interaxon, Inc.
  • Neurosky
  • Ant Neuro
  • Neuroelectrics
  • Ripple Neuro
  • Nirx Medical Technologies, LLC
  • Open Bci
  • Cgx, a Cognionics Company
Note: Product cover images may vary from those shown

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