Global Brain Computer Interface Market Report By Type (Invasive, Non-Invasive, Partially Invasive), Application (Restoration Of Disabilities, Repair Of Brain Function), End-User (Healthcare, Military, Manufacturing) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11210007
April 2021
Report Formats:

Brain computer interface is technological advancement approach to communicate between the human brain and computer system. It is extensively used to restore simple communication to people those are physically disabled and other severe movement disorders. The BCI market is majorly driving on the account of growing R&D activities for the treatment of major brain injuries & disorders, cerebrovascular diseases, and sleeping disorders.

As per the new market study added by Value Market Research, the Global Brain Computer Interface Market was valued at USD 944.5 MN (by revenue) in 2017 and is anticipated to reach USD 1,822.2 MN by 2024 with a CAGR of 9.9%.
 
NON-INVASIVE IS EMERGES AS THE LEADING PRODUCT SEGMENT
Non-invasive segment has dominated in 2017 and is expected to reach USD XX.X MN by the end of 2024. The rising demand for non-invasive technology in the products such as amplifiers, gaming sticks, and headsets is the key factor supporting the market to gain pace. Moreover, the increasing usage of non-invasive products for home control and communication is projected to boost the segment growth.
 
RESTORATION OF DISABILITIES IS PROJECTED TO GAIN HYPE
Mobility rehabilitation is a form of physical rehabilitation used for the patients who have mobility issues, to restore their lost functions and regain previous levels of mobility. The segment is estimated to gain strong growth owing to the growing adoption of advanced technology in assisting impaired people to carry out activities independently such as operating wheelchairs, prosthetics, and other instruments. As per the study, restoration of disabilities is expected to touch USD XX.X MN revenue by the end of 2024.
 
HEALTHCARE SECTOR EMERGES AS THE LEADING END-USER INDUSTRY
The healthcare sector was leading the segment in 2017 and projected to surpass USD XX.X MN by the end of 2024. Owing to rising usage for the treatment of neurological diseases, sleep disorders, paralytic patients and in studying neuroscience.
 
NORTH AMERICA HOLD THE HIGHEST SHARE IN GLOBAL BCI MARKET
North America is leading in the global market of brain computer interface. The increasing research and development activities along with the rising investment in the healthcare sectors are the key factors majorly driving the BCI market growth. Additionally, North America market is also growing on the account of rising prevalence of neurodegenerative disease along with the growing innovation in technology in terms of the BCI system. It has estimated that by the end of 2024, North America region will generate the USD XX.X MN revenue in the brain computer interface market.

KEY COMPETITORS DRIVE THE GLOBAL MARKET
The major players of the global brain computer interface market are Advanced Brain Monitoring, Inc., Cadwell Laboratories Inc., Cortech Solutions, Inc., Emotiv, Inc., Guger Technologies OEG, Mind Solutions Inc., Neurosky, Inc., Nihon Kohden Corporation, OpenBCI, Quantum Applied Science and Research, Inc.

As per this study, the Global Brain Computer Interface market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
 
A brain computer interface (BCI) develops a direct channel between the human brain and the computer. Brain computer interface technology represents a highly growing field of research with application systems.  Brain computer interface technology is a powerful and rapidly developing form of technology which has a variety of potential applications. It offers applications in medical fields ranging from prevention to neuronal rehabilitation for serious injuries. BCI technology is also suitable for the military and gaming & communication sector.
 
Market Dynamics
 
Brain computer interface technology research studies are encouraged as they majorly benefit in improving the health of individuals. Growing research in the development of treatments for fatal conditions such as brain disorders and injuries, sleep disorders and cerebrovascular diseases is driving the growth of the market. Technological advancement in BCI technology is especially in the military, entertainment, gaming, communication, and control is further supporting the market growth. However, lack of expertise along with security & ethical issues related to BCI technologies, are expected to restrain the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of brain computer interface.
 
Market Segmentation
 
The broad brain computer interface market has been sub-grouped into type, application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Type
  • Invasive
  • Non-Invasive
  • Partially Invasive
 
By Application
  • Restoration Of Disabilities
  • Repair Of Brain Function
  • Others
 By End-User
  • Healthcare
  • Military
  • Manufacturing
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for brain computer interface in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Brain Computer Interface Market Share by Region (Representative Graph)
 
Global Brain Computer Interface Market Share
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the brain computer interface market includes Advanced Brain Monitoring, Inc., Cadwell Laboratories Inc., Cortech Solutions, Inc., Emotiv, Inc., Guger Technologies OEG, Mind Solutions Inc., Neurosky, Inc., Nihon Kohden Corporation, OpenBCI, Quantum Applied Science and Research, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . BRAIN COMPUTER INTERFACE – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Application
           3.7.3 By End-User
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL BRAIN COMPUTER INTERFACE MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Invasive Market by Regions
       6.5 Non-Invasive Market by Regions
       6.6 Partially Invasive Market by Regions
 
7 . GLOBAL BRAIN COMPUTER INTERFACE MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Restoration Of Disabilities Market by Regions
       7.5 Repair Of Brain Function Market by Regions
       7.6 Others Market by Regions
 
8 . GLOBAL BRAIN COMPUTER INTERFACE MARKET ANALYSIS BY END-USER
       8.1 Overview by End-User
       8.2 Historical and Forecast Data
       8.3 Analysis by End-User
       8.4 Healthcare Market by Regions
       8.5 Military Market by Regions
       8.6 Manufacturing Market by Regions
       8.7 Others Market by Regions
 
9 . GLOBAL BRAIN COMPUTER INTERFACE MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE BRAIN COMPUTER INTERFACE COMPANIES
       10.1. Brain Computer Interface Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF BRAIN COMPUTER INTERFACE INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Advanced Brain Monitoring, Inc.
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Cadwell Laboratories Inc.
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Cortech Solutions, Inc.
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Emotiv, Inc.
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Guger Technologies OEG
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Mind Solutions Inc.
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Neurosky, Inc.
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Nihon Kohden Corporation
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. OpenBCI
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Quantum Applied Science
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Research, Inc.
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Type (USD MN)
  • Invasive Market by Geography (USD MN)
  • Non-Invasive Market by Geography (USD MN)
  • Partially Invasive Market by Geography (USD MN)
  • Analysis Market by Application (USD MN)
  • Restoration Of Disabilities Market by Geography (USD MN)
  • Repair Of Brain Function Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Analysis by End-User (USD MN)
  • Healthcare Market by Geography (USD MN)
  • Military Market by Geography (USD MN)
  • Manufacturing Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Brain Computer Interface Market by Geography (USD MN)
  • North America Market Analysis (USD MN)
  • United State Market Analysis (USD MN)
  • Canada Market Analysis (USD MN)
  • Mexico Market Analysis (USD MN)
  • Europe Market Analysis (USD MN)
  • Europe Market Estimate by Country (USD MN)
  • United Kingdom Market Analysis (USD MN)
  • France Market Analysis (USD MN)
  • Germany Market Analysis (USD MN)
  • Italy Market Analysis (USD MN)
  • Russia Market Analysis (USD MN)
  • Spain Market Analysis (USD MN)
  • Rest of Europe Market Analysis (USD MN)
  • Asia Pacific Market Analysis (USD MN)
  • China Market Analysis (USD MN)
  • Japan Market Analysis (USD MN)
  • India Market Analysis (USD MN)
  • South Korea Market Analysis (USD MN)
  • Australia Market Analysis (USD MN)
  • Rest of Asia Pacific Market Analysis (USD MN)
  • Latin America Market Analysis (USD MN)
  • Brazil Market Analysis (USD MN)
  • Argentina Market Analysis (USD MN)
  • Peru Market Analysis (USD MN)
  • Chile Market Analysis (USD MN)
  • Rest of Latin America Market Analysis (USD MN)
  • Middle East & Africa Market Analysis (USD MN)
  • Saudi Arabia Market Analysis (USD MN)
  • UAE Market Analysis (USD MN)
  • Israel Market Analysis (USD MN)
  • South Africa Market Analysis (USD MN)
  • Rest of Middle East and Africa Market Analysis (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of Brain Computer Interface Report
  • Market Research Process
  • Market Research Methodology
  • Global Brain Computer Interface Market Size, by Region (USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Type
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by End-User
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Type (USD MN)
  • Invasive Market by Geography (USD MN)
  • Non-Invasive Market by Geography (USD MN)
  • Partially Invasive Market by Geography (USD MN)
  • Global Market Analysis by Application (USD MN)
  • Restoration Of Disabilities Market by Geography (USD MN)
  • Repair Of Brain Function Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Market Analysis by End-User (USD MN)
  • Healthcare Market by Geography (USD MN)
  • Military Market by Geography (USD MN)
  • Manufacturing Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis, 2020
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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