Global Brain Computer Interface Market Research Report and Forecast to 2030 is an investigative report providing an extensive study of the global Brain Computer Interface Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Brain Computer Interface Market on the global and regional scale, along with a thorough forecast estimation to 2021. The new report is updated with the impact of the COVID-19 pandemic on the Brain Computer Interface Market.
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The global brain-computer interface market size is expected to reach USD 5,070.7 Million in 2030 and register a revenue CAGR of 12.3% over the forecast period. Increasing R&D for innovations in treatment options for chronic problems such as sleep disorders, cerebrovascular diseases, brain disorders, and fatal injuries are factors expected to support market revenue growth between 2022 and 2030. Increase in government projects, such as DECODER, European research that uses a brain-computer interface to identify awareness in non-responsive patients, are expected to boost the market growth. Numerous prominent market players are also concentrating their efforts on growing their presence in emerging economies such as China and Japan, which would fuel overall market growth throughout the forecast period.
The brain-computer interface (BCI) serves as a bridge between the brain and external equipment. Human sensory-motor functions are frequently studied, assisted, mapped, supplemented, or repaired using brain-computer interface (BCI) technology. In simple terms, the brain-computer interface (BCI) collects and analyses brain signals.
The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Brain Computer Interface market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies profiled in the global Brain Computer Interface market:
Mind Technologies, Inc., Medtronic, Nihon Kohden Corporation, CAS Medical Systems, Inc., Advanced Brain Monitoring, Inc., EMOTIV, NeuroSky, G.Tec Medical Engineering GmbH, Integra LifeSciences, and Cortech Solutions, Inc.
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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Emergen Research has segmented the global brain-computer interface market on the basis of component type, product type, application, end-use, and region:
-
Component Type Outlook (Revenue, USD Million; 2019–2030)
- Hardware
- Software
-
Product Type Outlook (Revenue, USD Million; 2019–2030)
- Invasive BCI
- Partially Invasive BCI
- Non-Invasive BCI
-
Application Outlook (Revenue, USD Million; 2019–2030)
- Healthcare
- Smart Home Control
- Communication & Control
- Entertainment & Gaming
-
End-Use Outlook (Revenue, USD Million; 2019–2030)
- Medical
- Military
- Manufacturing
- Education & Research
- Others
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Brain Computer Interface Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
The report addresses the following key points:
The report estimates the expected market size from 2022-2030
The report provides a forecast of market drivers, restraints, and future opportunities for the Brain Computer Interface market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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