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2021
Brain Computer Interface Market

Brain Computer Interface Market by Component (Hardware, Software), Type (Invasive, Non Invasive, Partially Invasive), and Application (Healthcare, Communication & Control, Entertainment & Gaming, Smart Home Control, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

A00404
Pages: 241
Jul 2021 | 35243 Views
   
Author(s) : Rachita Rake & Shreyas Wadodkar
Tables: 112
Charts: 57
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Brain Computer Interface Market Statistics - 2030

The global brain computer interface market size was valued at $1,488.00 million in 2020, and is projected to reach $5,463.00 million by 2030, growing at a CAGR of 13.9% from 2021 to 2030. A brain-computer interface (BCI), also known as neural-control interface (NCI), mind-machine interface (MMI), direct neural interface (DNI), or brain-machine interface (BMI) and brain machine interface, is an interactive platform or direct communication pathway between the brain and an external device. Brain imaging technologies such as Magneto encephalography (MEG), functional Magnetic Resonance (fMRI), Electrocorticography (ECOG) and Electroencephalography (EEG), are integrated with brain machine interface systems to capture electrical signals sent by the human brain.  

Brain computer interface (BCI) technologies are enabling severa; enterprises to address the extensive capacity demand of touch less operations. People are investing more time and money in personal technology, such as smart speakers, smart watches, wearables, and VR headsets. The Covid-19 pandemic has accelerated the adoption of new technologies and increased end users dependency for social connection, entertainment, and educational experiences.

Depending on the type, the non-invasive segment dominated the brain computer interface market share in 2020, and is expected to continue this trend during the forecast period. The growth of the segment is attributed to rise in adoption of non-invasive brain computer interface system as this system is used to control robotic arm which is beneficial for paralyzed people in healthcare industry. However, the invasive segment is expected to witness highest growth in the upcoming years as it is directed implanted in the brain and have the highest quality signals. These devices are used to provide functionality to paralyzed people. Invasive BCIs are also used to restore vision by connecting the brain with external cameras and to restore the use of limbs by using brain controlled robotic arms and legs. These benefits of invasive BCI are expected to fuel the demand in the upcoming years.

Brain-Computer-Interface-Market--2021-2030

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On the basis of component, in brain computer interface industry the hardware segment dominated the overall brain computer interface market in 2020, and is expected to continue this trend during the forecast period. This is attributed to increase the use of BCI related hardware and sensor among the digital industry. Most healthcare organizations have started adopting these technology to align all healthcare processes together such as patient examination and operation, which improves the overall productivity of medical staff this factor will boost of brain computer interface market growth. However, the software segment is expected to witness highest growth in the upcoming years as there has been an increase in the adoption of BCI software among the end user, as it ensures effective functioning of BCI software and platforms

The report focuses on the growth prospects, restraints, and brain computer interface market. As well as this report discuss on global market opportunity. The study provides Porter’s five forces analysis of the industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the market. In addition, the report analyzes the profiles of key players operating in the market, which include Advanced Brain Monitoring, Inc., Nihon Kohden Corporation, Guger Technologies Natus Medical Incorporated, Cadwell Laboratories Inc., OpenBCI, Cortech Solutions, Inc., NeuroSky, Inc., Emotiv, Inc. and Integra LifeSciences.

Brain Computer Interface Market Segments Review-

The market is segmented on the basis of component, type, application and region. The component segment is bifurcated into, Hardware and software segment, The type segment includes invasive BCI, non-invasive BCI and partially invasive BCI. According to application, the BCI market is segmented into communication & control, healthcare, smart home control, entertainment & gaming, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Brain Computer Interface Market
By Component

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Software segment is projected as one of the most lucrative segments

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Impact of COVID-19 on the Brain computer interface market

Post COVID-19, the brain computer interface market size was valued at $1,488.00 million in 2020, and is projected to reach $5,463.00 million by 2030, growing at a CAGR of 13.9%% from 2020 to 2030. The pandemic has caused recession in the economy that has forced various enterprises across the globe to dramatically and rapidly shift their operations. The industries around the globe are being severely affected by the COVID-19-induced recession; however, the impact on the technology sector during the crisis was comparatively lesser than the rest of the economy. The rundown of events encouraging the proliferation of new-age technologies, such as artificial intelligence and internet of things has increased.

Brain computer interface market trends is observing growing popularity and attention of researchers in both industry and academia as a means to decrease human contact between devices and produce the revenue streams for service providers due to the features in technology. During the COVID-19 pandemic, organizations that deployed brain computer interface earlier have been able to quickly adjust to the new variant of virus due to lesser contact between the human and machine that will help to achieve business requirements that were resulting due to advancement in healthcare industry. Brain computer interface help organizations to cope with the ongoing pandemic and maintain economically positive operations

Brain Computer Interface Market
By Type

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Invasive segment is projected as one of the most lucrative segments

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Top impacting factors    

Numerous technological developments in the field human-machine sensing, application of BCI technology in entertainment, gaming and communication & control, rise in use of BCI technology in healthcare sector are some of the major factors that are driving the BCI market. Intensive research carried out to develop a cure for fatal brain disorders and injuries is expected to boost the market. However, the ethical problem faced during the research and cyber security threats are anticipated to restrict the market growth. On the contrary, integration of AI with BCI, and rise in demand of BCI by SMEs provide lucrative growth opportunities for the global BCI market during the analysis period.

Increasing number of gaming industries implementing BCI technologies

For making the video games more interactive and exciting, an increasing number of gaming industries are making use of brain computer interface technologies. For instance, Emotiv, Inc. has developed video games using the non-invasive BCI technique, called Neurogaming that analyses the mood of the user and accordingly adjusts visual graphics and music. Neurogaming is a new segment of video games that makes use of non-invasive BCI techniques and eliminates the use of traditional controllers. Such BCI techniques enhance the overall gaming experience of the user and improve the revenue generation capabilities of the business organizations. Furthermore, BCI technology is increasingly being adopted in mobile and virtual gaming sectors by integrating BCI inside virtual reality (VR) headsets. It also offers multiple possibilities for mind controlled gadgets further propelling the growth of brain computer interface market in forecast period. 

Brain Computer Interface Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is projected as one of the most significant regions

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Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global BCI market along with the current & future trends to elucidate the imminent investment pockets.
  • Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global BCI market from 2020 to 2030 is provided to determine the market potential.

Key Market Segments

  • By Application
    • Healthcare
    • Communication & control
    • Entertainment & gaming
    • Smart home control
    • Others
  • By Type
    • Invasive brain computer interface
    • Non-invasive brain computer interface
    • Partially invasive brain computer interface
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Middle East
  • BY COMPONENT
    • Hardware
    • Software


Key Market Players

  • ADVANCED BRAIN MONITORING, INC.
  • CADWELL INDUSTRIES, INC.
  • CORTECH SOLUTIONS, INC.
  • EMOTIV
  • G.TEC MEDICAL ENGINEERING GmbH
  • INTEGRA LIFESCIENCES
  • NATUS MEDICAL INCORPORATED
  • NEUROSKY
  • NIHON KOHDEN CORPORATION
  • OPENBCI
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Brain-computer interface system
3.3.Various brain-scanning technologies used for BCI

3.3.1.EEG (Electro-encephalography)
3.3.2.fMRI (functional Magnetic Resonance Imaging)
3.3.3.NIRS (Near Infrared Spectroscopy)
3.3.4.MEG (Magnetoencephalography)
3.3.5.ECOG (Electrocorticography)

3.4.Porter’s five forces analysis
3.5.Value chain analysis
3.6.Case Studies

3.6.1.Case study 01
3.6.2.Case study 02

3.7.Market dynamics

3.7.1.Drivers

3.7.1.1.Rising Incidences of brain disorders affecting the movements of body
3.7.1.2.Miniaturization of components is propelling the growth of BCI technology
3.7.1.3.Increasing number of gaming industries implementing BCI technologies

3.7.2.Restraints

3.7.2.1.Lack of expertise in implementing the BCI systems
3.7.2.2.Cyber security threats Arising with BCI systems
3.7.2.3.Ethical issues arising due to the implementation of BCI technologies

3.7.3.Opportunities

3.7.3.1.Increasing adoption of sensor technologies
3.7.3.2.Emerging opportunities in the healthcare sector

3.8.Market evolution/industry roadmap
3.9.Impact of government regulations on the global brain computer interface market
3.10.COVID-19 impact analysis on the global rich communication services market

3.10.1.Impact on market size
3.10.2.Consumer trends, preferences, and budget impact
3.10.3.Economic impact
3.10.4.Strategies to tackle negative impact
3.10.5.Opportunity window

CHAPTER 4:GLOBAL RICH COMMUNICATION SERVICE MARKET, BY COMPONENT

4.1.Overview
4.2.Hardware

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Software

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:BCI MARKET, BY TYPE

5.1.Overview
5.2.Invasive brain computer interface

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.2.4.Market analysis, by Country

5.3.Non-invasive brain computer interface

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.3.4.Market analysis, by country

5.4.Partially invasive brain computer interface

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.4.4.Market analysis, by Country

CHAPTER 6:BCI MARKET, BY APPLICATION

6.1.Overview
6.2.Healthcare

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market size and forecast, by country
6.2.4.Market analysis, by Country

6.3.Communication & control

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market size and forecast, by country
6.3.4.Market analysis, by Country

6.4.Gaming & entertainment

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market size and forecast, by country
6.4.4.Market analysis, by country

6.5.Smart home control

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market size and forecast, by country
6.5.4.Market analysis, by region

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market size and forecast, by country
6.6.4.Market analysis, by Country

CHAPTER 7:BCI MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by Component
7.2.3.Market size and forecast, by type
7.2.4.Market size and forecast, by application
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by Component
7.2.5.1.2.Market size and forecast, by type
7.2.5.1.3.Market size and forecast, by application

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by Component
7.2.5.2.2.Market size and forecast, by type
7.2.5.2.3.Market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by component
7.3.3.Market size and forecast, by type
7.3.4.Market size and forecast, by application
7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by Component
7.3.5.1.2.Market size and forecast, by type
7.3.5.1.3.Market size and forecast, by application

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by Component
7.3.5.2.2.Market size and forecast, by type
7.3.5.2.3.Market size and forecast, by application

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by Component
7.3.5.3.2.Market size and forecast, by type
7.3.5.3.3.Market size and forecast, by application

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by component
7.3.5.4.2.Market size and forecast, by type
7.3.5.4.3.Market size and forecast, by application

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by component
7.3.5.5.2.Market size and forecast, by type
7.3.5.5.3.Market size and forecast, by application

7.3.5.6.Rest of Europe

7.3.5.6.1.Market size and forecast, by component
7.3.5.6.2.Market size and forecast, by type
7.3.5.6.3.Market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by Component
7.4.3.Market size and forecast, by type
7.4.4.Market size and forecast, by application
7.4.5.Market analysis, by country

7.4.5.2.China

7.4.5.2.1.Market size and forecast, by Component
7.4.5.2.2.Market size and forecast, by type
7.4.5.2.3.Market size and forecast, by application

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by Component
7.4.5.3.2.Market size and forecast, by type
7.4.5.3.3.Market size and forecast, by application

7.4.5.4.Japan

7.4.5.4.1.Market size and forecast, by Component
7.4.5.4.2.Market size and forecast, by type
7.4.5.4.3.Market size and forecast, by application

7.4.5.5.Australia

7.4.5.5.1.Market size and forecast, by Component
7.4.5.5.2.Market size and forecast, by type
7.4.5.5.3.Market size and forecast, by application

7.4.5.6.Rest of Asia-Pacific

7.4.5.6.1.Market size and forecast, by component
7.4.5.6.2.Market size and forecast, by type
7.4.5.6.3.Market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by Component
7.5.3.Market size and forecast, by type
7.5.4.Market size and forecast, by application
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by Component
7.5.5.1.2.Market size and forecast, by type
7.5.5.1.3.Market size and forecast, by application

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by Component
7.5.5.2.2.Market size and forecast, by type
7.5.5.2.3.Market size and forecast, by application

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by Component
7.5.5.3.2.Market size and forecast, by type
7.5.5.3.3.Market size and forecast, by application

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Key player positioning analysis, 2020
8.2.Top winning strategies
8.3.Competitive dashboard
8.4.Key developments

8.4.1.Collaboration
8.4.2.Product launch
8.4.3.Acquisition

CHAPTER 9:COMPANY PROFILES

9.1.ADVANCED BRAIN MONITORING, INC.

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.CADWELL INDUSTRIES, INC.

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Key strategic moves and developments

9.3.CORTECH SOLUTIONS, INC.

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio

9.4.EMOTIV

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Key strategic moves and developments

9.5.G.TEC MEDICAL ENGINEERING GmbH

9.5.1.Company overview
9.5.2.Key executive
9.5.3.Company snapshot
9.5.4.Product portfolio

9.6.INTEGRA LIFESCIENCES

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.R&D expenditure
9.6.7.Business performance
9.6.8.Key strategic moves and developments

9.7.NATUS MEDICAL INCORPORATED

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.R&D expenditure
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.NEUROSKY

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Product portfolio

9.9.NIHON KOHDEN CORPORATION

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.9.5.Business performance
9.9.6.Key strategic moves and developments

9.10.OPENBCI

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Key strategic moves and developments

CHAPTER 1:LIST OF TABLES

TABLE 01.GLOBAL BRAIN COMPUTER INTERFACE MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 02.GLOBAL BARIN COMPUTER INTERFACE MARKET FOR HARDWARE , BY REGION, 2020–2030 ($MILLION)
TABLE 03.GLOBAL RICH COMMUNICATION SERVICE MARKET FOR CLOUD , BY REGION, 2020–2030 ($MILLION)
TABLE 04.BCI MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 05.BCI MARKET REVENUE FOR INVASIVE BRAIN COMPUTER INTERFACE, BY REGION, 2020–2030 ($MILLION)
TABLE 06.BCI MARKET REVENUE FOR NON-INVASIVE BRAIN COMPUTER INTERFACE, BY REGION, 2020–2030 ($MILLION)
TABLE 07.BCI MARKET REVENUE FOR PARTIALLY INVASIVE BRAIN COMPUTER INTERFACE, BY REGION, 2020–2030 ($MILLION)
TABLE 08.BCI MARKET REVENUE, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 09.BCI MARKET REVENUE FOR HEALTHCARE, BY REGION, 2020–2030 ($MILLION)
TABLE 10.BCI MARKET REVENUE FOR COMMUNICATION & CONTROL, BY REGION, 2020–2030 ($MILLION)
TABLE 11.BCI MARKET REVENUE FOR GAMING & ENTERTAINMENT, BY REGION, 2020–2030 ($MILLION)
TABLE 12.BCI MARKET REVENUE FOR SMART HOME CONTROL, BY REGION, 2020–2030 ($MILLION)
TABLE 13.BCI MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 14.BCI MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA BCI MARKET REVENUE, BY COMPOMENT, 2020-2030 ($MILLION)
TABLE 16.NORTH AMERICA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 18.NORTH AMERICA BCI MARKET REVENUE, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 19.U.S. BRAIN COMPUTER INTERFACE , BY COMPONENT, 2020–2030 ($MILLION)
TABLE 20.U.S. BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 21.U.S. BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 22.CANADA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 23.CANADA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 24.CANADA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 25.EUROPE BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 26.EUROPE BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 27.EUROPE BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 28.EUROPE BCI MARKET REVENUE, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 29.UK BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 30.UK BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 31.UK BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 32.GERMANY BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 33.GERMANY BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 34.GERMANY BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 35.FRANCE BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 36.FRANCE BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 37.FRANCE BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 38.ITALY BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 39.ITALY BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 40.ITALY BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 41.SPAIN BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 42.SPAIN BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 43.ITALY BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 44.REST OF EUROPE BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 45.REST OF EUROPE BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 46.REST OF EUROPE BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 47.ASIA-PACIFIC BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 48.ASIA-PACIFIC BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 49.ASIA-PACIFIC BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 50.ASIA-PACIFIC BCI MARKET REVENUE, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 51.CHINA BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 52.CHINA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 53.CHINA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 54.INDIA BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 55.INDIA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 56.INDIA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 57.JAPAN BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 58.JAPAN BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 59.JAPAN BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 60.AUSTRALIA BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 61.AUSTRALIA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 62.AUSTRALIA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 64.REST OF ASIA-PACIFIC BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 65.REST OF ASIA-PACIFIC BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 66.LAMEA BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 67.LAMEA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 68.LAMEA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 69.LAMEA BCI MARKET REVENUE, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 70.LATIN AMERICA BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 71.LATIN AMERICA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 72.LATIN AMERICA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 73.MIDDLE EAST BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 74.MIDDLE EAST BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 75.MIDDLE EAST BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 76.AFRICA BCI MARKET REVENUE, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 77.AFRICA BCI MARKET REVENUE, BY TYPE, 2020-2030 ($MILLION)
TABLE 78.AFRICA BCI MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 82.ADVANCED BRAIN MONITORING, INC.: KEY EXECUTIVES
TABLE 83.ADVANCED BRAIN MONITORING, INC.: COMPANY SNAPSHOT
TABLE 84.ADVANCED BRAIN MONITORING, INC.: PRODUCT PORTFOLIO
TABLE 85.CADWELL INDUSTRIES, INC.: KEY EXECUTIVES
TABLE 86.CADWELL INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 87.CADWELL INDUSTRIES, INC.: PRODUCT PORTFOLIO
TABLE 88.CORTECH SOLUTIONS, INC.: KEY EXECUTIVES
TABLE 89.CORTECH SOLUTIONS, INC..: COMPANY SNAPSHOT
TABLE 90.CORTECH SOLUTIONS, INC.: PRODUCT PORTFOLIO
TABLE 91.EMOTIV: KEY EXECUTIVES
TABLE 92.EMOTIV: COMPANY SNAPSHOT
TABLE 93.ALPHABET INC.: PRODUCT PORTFOLIO
TABLE 94.G.TEC MEDICAL ENGINEERING GMBH: KEY EXECUTIVE
TABLE 95.G.TEC MEDICAL ENGINEERING GMBH: COMPANY SNAPSHOT
TABLE 96.G.TEC MEDICAL ENGINEERING GMBH: PRODUCT PORTFOLIO
TABLE 97.INTEGRA LIFESCIENCES: KEY EXECUTIVES
TABLE 98.INTEGRA LIFESCIENCES: COMPANY SNAPSHOT
TABLE 99.INTEGRA LIFESCIENCES: OPERATING SEGMENTS
TABLE 100.INTEGRA LIFESCIENCES: PRODUCT PORTFOLIO
TABLE 101.NATUS MEDICAL INCORPORATED: KEY EXECUTIVES
TABLE 102.NATUS MEDICAL INCORPORATED: COMPANY SNAPSHOT
TABLE 103.NATUS MEDICAL INCORPORATED: PRODUCT PORTFOLIO
TABLE 104.NEUROSKY: KEY EXECUTIVES
TABLE 105.NEUROSKY: COMPANY SNAPSHOT
TABLE 106.NEUROSKY: PRODUCT PORTFOLIO
TABLE 107.NIHON KOHDEN CORPORATION : KEY EXECUTIVES
TABLE 108.NIHON KOHDEN CORPORATION : COMPANY SNAPSHOT
TABLE 109.NIHON KOHDEN CORPORATION : PRODUCT PORTFOLIO
TABLE 110.OPENBCI: KEY EXECUTIVES
TABLE 111.OPENBCI: COMPANY SNAPSHOT
TABLE 112.OPENBCI: PRODUCT PORTFOLIO

CHAPTER 2:LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.BCI MARKET, 2020–2030
FIGURE 03.BCI MARKET, BY REGION, 2020–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE THREAT OF NEW ENTRANTS
FIGURE 10.MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 11.BCI MARKET: KEY PLAYER POSITIONING
FIGURE 12.MARKET EVOLUTION/INDUSTRY ROADMAP
FIGURE 13.GLOBAL BRAIN COMPUTER INTERFACE MARKET, BY COMPONENT, 2020–2030 ($MILLION)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF GLOBAL BRAIN COMPUTER INTERFACE MARKET FOR HARDWARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF GLOBAL BRAIN COMPUTER INTERFACE MARKET FOR SOFTWARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.BCI MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR INVASIVE BRAIN COMPUTER INTERFACE, BY COUNTRY,  2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR NON-INVASIVE BRAIN COMPUTER INTERFACE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR PARTIALLY INVASIVE BRAIN COMPUTER INTERFACE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.BCI MARKET REVENUE, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR HEALTHCARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR COMMUNICATION & CONTROL, BY COUNTRY,  2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR GAMING & ENTERTAINMENT, BY REGION, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR SMART HOME CONTROL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF BCI MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.U.S. BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 27.CANADA BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 28.UK BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29.GERMANY BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30.FRANCE BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.ITALY BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32.SPAIN BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.REST OF EUROPE BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.CHINA BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35.INDIA BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.JAPAN BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37.AUSTRALIA BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.REST OF ASIA-PACIFIC BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39.LATIN AMERICA BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40.MIDDLE EAST BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41.AFRICA BCI MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 42.KEY PLAYER POSITIONING ANALYSIS: GLOBAL RICH COMMUNICATION SERVICE MARKET
FIGURE 43.TOP WINNING STRATEGIES, BY YEAR, 2017-2021
FIGURE 44.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2021
FIGURE 45.TOP WINNING STRATEGIES, BY COMPANY, 2017-2021
FIGURE 46.COMPETITIVE DASHBOARD
FIGURE 47.COMPETITIVE DASHBOARD
FIGURE 48.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 49.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 50.INTEGRA LIFESCIENCES: REVENUE, 2018–2020 ($MILLION)
FIGURE 51.INTEGRA LIFESCIENCES: REVENUE SHARE BY SGEMENT, 2020 (%)
FIGURE 52.INTEGRA LIFESCIENCES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 53.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 54.NATUS MEDICAL INCORPORATED: REVENUE, 2018–2020 ($MILLION)
FIGURE 55.NIHON KOHDEN CORPORATION : REVENUE, 2018–2020 ($MILLION)
FIGURE 56.NIHON KOHDEN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.NIHON KOHDEN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to CXOs of the leading companies, the BCI market is witnessing consistent growth considering the per year increase in implementation of the technology. Healthcare sector is the prime application of this technology, whereas, applications such as gaming and, market research among others are gradually gaining momentum. A rise in the cases of brain disorders, globally, supplements the developments and growth of the BCI market. U.S. holds a major market share in the BCI market, owing to the high concentration of key players in this region. The government is taking active initiatives for the welfare of the population and is largely contributing funds for R&D studies. Following the U.S., Asia-Pacific is the next major shareholder of the BCI technologies market. The improving health infrastructure in developing economies such as India and China foresee tremendous growth opportunities during the forecast period of 2021-2030.

Nihon Kohden Corporation, Integra LifeSciences, and Emotiv, Inc., are the key players in the BCI technology market. These companies are implementing effective strategies such as product development and expansion in offshore markets along with active participation in trade shows and exhibitions, amongst others. Some of the other prominent players in the market include Quantum Applied Science and Research, Inc., Cortech Solutions, Inc. and OpenBCI. Invasive and non-invasive are the two major methods of implementing BCI systems with restoration of disabilities being the prime application. At present, the shortage of trained professionals to handle BCI systems adversely affects the growth of this market. Since BCI is an emerging technology and yet to be fully commercialized and approved by the FDA for all the existing and upcoming products, effective training procedures and workshops should be conducted to overcome such barriers. For instance, In February 2021, OpenBCI which is leading brain computer interface provider company launch its virtual reality based product in association with Valve which is leading gaming company to provide better experience to its customers

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