Brain Computer Interface Market Size, Share & Trends Analysis Report By Product (Invasive, Partially Invasive, Non-invasive), By Application (Healthcare, Communication & Control), By End Use, And Segment Forecasts, 2020 - 2027

Brain Computer Interface Market Size, Share & Trends Analysis Report By Product (Invasive, Partially Invasive, Non-invasive), By Application (Healthcare, Communication & Control), By End Use, And Segment Forecasts, 2020 - 2027

The global brain computer interface market size is expected to reach USD 3.7 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 15.5% over the forecast period. 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. A BCI records the brain signal from the sensors that are placed on the scalp or devices implanted in brain.

The market growth is driven by continuous developments in medical sensors and computational biology. In addition, increasing R&D for advancements in treatment options for chronic conditions such as cerebrovascular diseases, sleep disorders, brain disorders, and fatal injuries contributes to the significant growth rate of the market. Rising number of government projects such as DECODER, a European project that uses brain computer interface to detect consciousness in non-responsive patients, is also expected to positively influence market growth. Moreover, several major market players focus on expanding their presence in emerging economies such as Japan and China, which would drive the overall market growth over the forecast period.

Ongoing technological advancements in the field of virtual reality and increasing applications of BCI in the communications, gaming, and entertainment industries are some of the key contributors driving the market for brain computer interface technology. BCI technology encompasses a wide range of applications designed to revolutionize the communication, automation, security, and entertainment experience. BCI is an emerging technology which is currently at a nascent stage. However, increasing interest among researchers and their collaboration with governments is expected to drive the demand for BCI technology.

North America dominated the market in 2019 owing to a large number of clinical trials conducted in the region. In addition, rising incidences of neurodegenerative conditions such as Parkinson's, Alzheimer's, and Huntington's disease in this region are expected to drive the market growth. In addition, rising demand for immersive gaming, which adopts technologies such as BCI, is also expected to drive the regional market growth.

Further key findings from the report suggest:

  • The non-invasive segment dominated the BCI market in 2019. Technological advancements and increasing popularity of gaming and entertainment act as key growth contributors for this segment
  • On the basis of application, healthcare was the largest revenue generating segment in 2019. Increasing application of BCI technology for the treatment of sleeping disorders, Alzheimer’s disease, and Parkinson’s disease is a key factor contributing to the growth of the segment
  • The military segment is expected to show lucrative growth over the forecast period owing to the increased application of BCI technology in war zones
  • Asia Pacific is expected to exhibit the highest growth rate over the forecast period. Increasing disposable income and low-cost manufacturing sites are expected to drive the market growth in the coming years
  • Some of the key companies present in the brain computer interface market are Neurosky, Compudemics, Natus Medical, Mind Solutions, and Advanced Brain Monitoring.
Please note The report will be updated with the latest data and delivered to you within 2-3 business days.


Table of Contents 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 GVR’s 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, 2016 - 2027 (USD Million) 2.2 Brain Computer Interface Market Summary, 2019 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 3.3 Brain Computer Interface Market Dynamics 3.3.1 Market Driver Analysis 3.3.1.1 Increasing prevalence of neurodegenerative disorders 3.3.1.2 Increasing global geriatric population 3.3.1.3 Increasing demand for virtual gaming experience and home control systems 3.3.1.4 Increasing R&D spending over military and medical applications 3.3.2 Market Restraint Analysis 3.3.2.1 Adverse usage of technology 3.3.2.2 Rising public concern about ethical issues associated with brain computer interface 3.4 Brain Computer Interface Market Analysis Tools: Porter's Analysis 3.4.1 Supplier Power: High 3.4.2 Buyer Power: Moderate 3.4.3 Threat Of Substitutes: High 3.4.4 Threat Of New Entrants: Moderate to Low 3.4.5 Competitive Rivalry: Moderate 3.5 PESTEL Analysis 3.5.1 Political/Legal Landscape 3.5.2 Economic Landscape 3.5.3 Technology Landscape 3.6 Market Participation Categorization 3.6.1 Competitive Dashboard Analysis 3.7 Major Deals & Strategic Alliances Analysis 3.8 Public Companies 3.9 Private Companies Chapter 4 Brain Computer Interface Market: Product Estimates & Trend Analysis 4.1 Product Market Share Analysis, 2019 & 2027 4.2 Product Dashboard 4.2.1 Invasive Brain-Computer Interface 4.2.1.1 Invasive Brain-Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 4.2.2 Partially Invasive Brain-Computer Interface 4.2.2.1 Partially invasive brain-computer interface market estimates and forecasts, 2016 - 2027 (USD Million) 4.2.3 Non-invasive Brain-Computer Interface 4.2.3.1 Noninvasive brain-computer interface market estimates and forecasts, 2016 - 2027 (USD Million) Chapter 5 Brain Computer Interface Market: Application Estimates & Trend Analysis 5.1 Application Market Share Analysis, 2019 & 2027 5.2 Application Dashboard 5.3 Healthcare 5.3.1 Healthcare Market Estimates And Forecasts, 2016 - 2027 (USD Million) 5.3.2 Disabilities Restoration Market Estimates And Forecasts, 2016 - 2027 (USD Million) 5.3.3 Brain Function Repair Market Estimates And Forecasts, 2016 - 2027 (USD Million) 5.4 Smart home control 5.4.1 Smart Home Control Market Estimates And Forecasts, 2016 - 2027 (USD Million) 5.5 Communication and control 5.5.1 Communication And Control Market Estimates And Forecasts, 2016 - 2027 (USD Million) 5.6 Entertainment & Gaming 5.6.1 Entertainment & Gaming Market Estimates And Forecasts, 2016 - 2027 (USD Million) Chapter 6 Brain Computer Interface Market: End use Estimates & Trend Analysis 6.1 End use Market Share Analysis, 2019 & 2027 6.2 End use Dashboard 6.3 Medical 6.3.1 Medical Market Estimates And Forecasts, 2016 - 2027 (USD Million) 6.4 Military 6.4.1 Military Market Estimates And Forecasts, 2016 - 2027 (USD Million) 6.5 Others 6.5.1 Others Market Estimates And Forecasts, 2016 - 2027 (USD Million) Chapter 7 Brain Computer Interface Market: Regional Estimates & Trend Analysis, By Product, Application, And End-Use 7.1 Regional Market Snapshot 7.2 North America 7.2.1 North America Brain Computer Interface Market Estimates And Forecasts, 2016 - 2027 (USD Million) 7.2.2 U.S. 7.2.2.1 U.S. Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.2.3 Canada 7.2.3.1 Canada Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.3 Europe 7.3.1 Europe Brain Computer Interface Market Estimates And Forecasts, 2016 - 2027 (USD Million) 7.3.2 U.K. 7.3.2.1 U.K. Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.3.3 Germany 7.3.3.1 Germany Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.3.4 Spain 7.3.4.1 Spain Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.3.5 France 7.3.5.1 France Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.3.6 Italy 7.3.6.1 Italy Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.4 Asia Pacific 7.4.1 Asia Pacific Brain Computer Interface Market Estimates And Forecasts, 2016 - 2027 (USD Million) 7.4.2 Japan 7.4.2.1 Japan Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.4.3 China 7.4.3.1 China Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.4.4 India 7.4.4.1 India Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.5 Latin America 7.5.1 Latin America Brain Computer Interface Market Estimates And Forecasts, 2016 - 2027 (USD Million) 7.5.2 Mexico 7.5.2.1 Mexico Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.5.3 Brazil 7.5.3.1 Brazil Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.6 MEA 7.6.1 MEA Brain Computer Interface Market Estimates And Forecasts, 2016 - 2027 (USD Million) 7.6.2 South Africa 7.6.2.1 South Africa Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) 7.6.3 Saudi Arabia 7.6.3.1 Saudi Arabia Brain Computer Interface market estimates and forecasts, 2016 - 2027 (USD Million) Chapter 8 Company Profiles 8.1 Natus Medical Incorporated 8.1.1 Company Overview 8.1.2 Financial Performance 8.1.3 Product Benchmarking 8.1.4 Strategic Initiatives 8.2 Guger Technologies Og 8.2.1 Company Overview 8.2.2 Financial Performance 8.2.3 Product Benchmarking 8.3 Mind Solutions Corporation 8.3.1 Company Overview 8.3.2 Financial Performance 8.3.3 Product Benchmarking 8.3.4 Strategic Initiatives 8.4 Medtronic 8.4.1 Company Overview 8.4.2 Financial Performance 8.4.3 Product Benchmarking 8.4.4 Strategic Initiatives 8.5 Compumedics Ltd. 8.5.1 Company Overview 8.5.2 Financial Performance 8.5.3 Product Benchmarking 8.5.4 Strategic Initiatives 8.6 Interactive Productline 8.6.1 Company Overview 8.6.2 Financial Performance 8.6.3 Product Benchmarking 8.7 Integra Lifesciences Corporation 8.7.1 Company Overview 8.7.2 Financial Performance 8.7.3 Product Benchmarking 8.7.4 Strategic Initiatives 8.8 Advanced Brain Monitoring, Inc. 8.8.1 Company Overview 8.8.2 Financial Performance 8.8.3 Product Benchmarking 8.8.4 Strategic Initiatives 8.9 Emotiv Incorporation 8.9.1 Company Overview 8.9.2 Financial Performance 8.9.3 Product Benchmarking 8.10 Neurosky 8.10.1 Company Overview 8.10.2 Financial Performance 8.10.3 Product Benchmarking 8.10.4 Strategic Initiatives 8.11 Iwinks 8.11.1 Company Overview 8.11.2 Financial Performance 8.11.3 Product Benchmarking 8.11.4 Strategic Initiatives 8.12 Interaxon 8.12.1 Company Overview 8.12.2 Financial Performance 8.12.3 Product Benchmarking 8.12.4 Strategic Initiatives 8.13 Ant Neuro 8.13.1 Company Overview 8.13.2 Financial Performance 8.13.3 Product Benchmarking 8.13.4 Strategic Initiatives 8.14 Neuroelectrics 8.14.1 Company Overview 8.14.2 Financial Performance 8.14.3 Product Benchmarking 8.14.4 Strategic Initiatives 8.15 Ripple 8.15.1 Company Overview 8.15.2 Financial Performance 8.15.3 Product Benchmarking 8.15.4 Strategic Initiatives 8.16 Puzzlebox 8.16.1 Company Overview 8.16.2 Financial Performance 8.16.3 Product Benchmarking 8.16.4 Strategic Initiatives 8.17 Nirx Medical Technologies 8.17.1 Company Overview 8.17.2 Financial Performance 8.17.3 Product Benchmarking 8.17.4 Strategic Initiatives 8.18 Nielsen Holding 8.18.1 Company Overview 8.18.2 Financial Performance 8.18.3 Product Benchmarking 8.18.4 Strategic Initiatives 8.19 Brain Products GmbH 8.19.1 Company Overview 8.19.2 Financial Performance 8.19.3 Product Benchmarking 8.19.4 Strategic Initiatives 8.20 Cerora Incorporation 8.20.1 Company Overview 8.20.2 Financial Performance 8.20.3 Product Benchmarking 8.21 Cognionics 8.21.1 Company Overview 8.21.2 Financial Performance 8.21.3 Product Benchmarking 8.21.4 Strategic Initiatives

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