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Global Brain Computer Interface Market Size, Share, Report: By Type: Invasive, Non-Invasive, Partially Invasive; By Application: Healthcare, Communication and Control, Gaming and Entertainment, Smart Home Control, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Heightened Technological Advancements and the Growing Incidents of Neurodegenerative Conditions to Drive the Global Brain Computer Interface Industry

The brain computer interface industry is estimated to witness a significant growth in the forecast period due to the considerable investments being made in the research and development of BCI technology in multiple industry verticals. In addition, the rising problems of neurological illnesses around the globe are expected to provide a thrust to the overall growth of the market, as BCI technology offers potentially promising mechanisms that are expected to efficiently help in the rehabilitation and improvement of patients suffering from neurological disorders.

According to the Neurological Disorders Report published by the WHO in 2006, a 12% increase contributed by neurological disorders in the DALYs (disability-adjusted life years) is predicted in the year 2030, globally. Out of which, 66% increase is projected by Alzheimer's and Dementia cases between 2005 to 2030. DALYs are used to calculate the overall burden of disease by counting the number of years a person lost due to a disability, an illness, or early death.

 

Brain Computer Interface Market Report Snapshots

Brain Computer Interface Market Size

Brain Computer Interface Market Share

Brain Computer Interface Market Growth

Brain Computer Interface Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Brain Computer Interface Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Brain Computer Interface Historical Market (2018-2023) 
    8.3    Global Brain Computer Interface Market Forecast (2024-2032)
    8.4    Global Brain Computer Interface Market by Type
        8.4.1    Invasive
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Non-Invasive
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Partially Invasive
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Brain Computer Interface Market by Application
        8.5.1    Healthcare
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Communication and Control
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Gaming and Entertainment
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Smart Home Control
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Brain Computer Interface Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Brain Computer Interface Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Brain Computer Interface  Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Brain Computer Interface Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Brain Computer Interface Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Brain Computer Interface Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Advanced Brain Monitoring, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    CorTec GmbH
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    EMOTIV, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Natus Medical Incorporated
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    g.tec medical engineering GmbH
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Brain Computer Interface Market: Key Industry Highlights, 2018 and 2032
2.    Global Brain Computer Interface Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Brain Computer Interface Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Brain Computer Interface Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Brain Computer Interface Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Brain Computer Interface Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Brain Computer Interface Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Brain Computer Interface Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Brain Computer Interface Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Brain Computer Interface Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Brain Computer Interface Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Brain Computer Interface Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Brain Computer Interface Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Brain Computer Interface Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Brain Computer Interface Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Brain Computer Interface Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Brain Computer Interface Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Brain Computer Interface Market Structure

Key Questions Answered in the Report

In 2023, the global brain computer interface market attained a value of nearly USD 2.23 billion.

The market is projected to grow at a CAGR of 16% between 2024 and 2032.

The major drivers of the market include the increasing demand for immersive virtual reality devices in the gaming and entertainment sector, the growing geriatric population, and the rising cases of neurological disorders worldwide.

The key market trends guiding the market growth include the increasing technological advancements, growing investments in research and development (R&D) of BCI technology, and rising applications of brain computer interfaces across various industries.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant types of the brain computer interface include invasive, non-invasive, and partially invasive.

The major applications of brain computer interface include healthcare, communication and control, gaming and entertainment, and smart home control, among others.

The key players in the brain computer interface market are Advanced Brain Monitoring, Inc., CorTec GmbH, EMOTIV Inc., Natus Medical Incorporated, and g.tec medical engineering GmbH, among others.

Analyst Review

The global brain computer interface market attained a value of about USD 2.23 billion in 2023, driven by the heightened demand of brain computer interface technology in the healthcare sector. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 16%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the brain computer interface industry is divided into invasive, non-invasive, and partially invasive. On the basis of applications, the industry can be segmented into healthcare, communication and control, gaming and entertainment, and smart home control, among others. The major regional markets for brain computer interface are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Advanced Brain Monitoring, Inc., CorTec GmbH, EMOTIV Inc., Natus Medical Incorporated, and g.tec medical engineering GmbH, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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