브레인 컴퓨터 인터페이스 시장 예측(-2030년) : 유형별, 구성요소별, 기술별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Brain Computer Interface Market is accounted for $2.5 billion in 2024 and is expected to reach $8.0 billion by 2030 growing at a CAGR of 21.5% during the forecast period. A Brain-Computer Interface (BCI), also known as a Brain-Machine Interface (BMI), is a system that enables direct communication between the brain and an external device, such as a computer or prosthetic limb, without the need for muscular control. BCIs typically use various methods to interpret brain activity, such as electroencephalography (EEG), invasive neural recordings, functional magnetic resonance imaging (fMRI), or near-infrared spectroscopy (NIRS). These systems can be used for a variety of applications, including controlling assistive technologies for individuals with disabilities, augmenting human capabilities, and studying brain function and cognition.

According to the WHO report, around 82 million people will be affected by dementia by 2030 and this number will reach 152 million by 2050. This shows the potential demand for BCI in the coming years.

Market Dynamics:

Driver:

Potential for improved quality of life

The market holds immense potential for enhancing quality of life. Through seamless interaction between the brain and external devices, it offers revolutionary possibilities in healthcare, communication, and accessibility. Advancements in technology promise greater autonomy for individuals with disabilities, enabling them to control prosthetic limbs, communicate, and perform daily tasks with unprecedented ease. As research progresses, the potential for improved quality of life through BCIs continue to expand, heralding a future where mind and machine collaborate seamlessly for human well-being.

Restraint:

Technical challenges

Signal acquisition and processing remain key hurdles, as interpreting neural signals with high accuracy requires advanced algorithms and hardware. Ensuring compatibility and comfort in wearable is another obstacle, as devices need to seamlessly integrate into users' daily lives. Additionally, enhancing signal resolution and reducing noise interference are ongoing concerns for improving the performance. Overcoming these challenges demands interdisciplinary collaboration and innovative solutions to unlock the full potential of brain-computer interaction technologies.

Opportunity:

Advancements in technology

Recent advancements in the market have been revolutionary, with notable progress in signal processing algorithms, enhancing data transmission speeds and accuracy. Neurofeedback techniques have become more refined, enabling real-time monitoring and modulation of brain activity. Miniaturization of hardware components has facilitated the development of wearable devices, improving user comfort and accessibility. Moreover, integration with artificial intelligence algorithms has led to significant enhancements in decoding brain signals for applications ranging from healthcare to gaming and beyond.

Threat:

Lack of expertise

Developing BCIs requires a multidisciplinary approach, involving neuroscience, engineering, and computer science. However, the expertise in these fields often remains siloed, hindering collaborative innovation. Additionally, the intricate nature of brain signals demands the specialized knowledge, further exacerbating the scarcity of skilled professionals. Overcoming this challenge necessitates concerted efforts to foster cross-disciplinary collaboration, enhance educational programs, and incentivize knowledge exchange within the community.

Covid-19 Impact:

The COVID-19 pandemic has influenced the Brain-Computer Interface (BCI) market significantly, prompting both challenges and opportunities. On one hand, supply chain disruptions and decreased investments in R&D slowed down advancements. However, the increased demand for remote healthcare solutions and virtual communication technologies accelerated the adoption of BCIs for telemedicine and neurorehabilitation. Despite initial setbacks, the pandemic fostered a paradigm shift towards remote healthcare, potentially bolstering the long-term growth of the BCI market.

The disabilities restoration segment is expected to be the largest during the forecast period

The disabilities restoration is expected to be the largest during the forecast period. Through advanced neural interfaces, it aims to restore lost functionalities or enhance capabilities for those with neurological impairments. These interfaces interpret brain signals to control external devices, aiding in mobility, communication, and daily tasks. With ongoing research and development, this niche of the BCI market strives to offer inclusive solutions, fostering independence and improving quality of life for people with disabilities.

The healthcare segment is expected to have the highest CAGR during the forecast period

The healthcare segment is expected to have the highest CAGR during the forecast period. These interfaces facilitate direct communication between the brain and external devices, offering transformative potential in medical diagnosis, treatment, and rehabilitation. BCI's are increasingly employed in neurological conditions like paralysis, epilepsy, and neurodegenerative diseases, enabling precise neural monitoring and intervention. They hold promise for enhancing prosthetic control, mental health diagnostics, and cognitive therapy.

Region with largest share:

North America is projected to hold the largest market share during the forecast period. driven by advancements in neuroscience and increasing applications across healthcare, gaming, and communication sectors. With prominent players leading innovation, the region witnesses significant investment and research initiatives. The market's projected growth reflects a promising future, fueled by rising demand for neurotechnology solutions and the region's robust infrastructure supporting technological development. North America stands poised to maintain its position as a key hub for advancements and commercialization efforts.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period driven by technological advancements, increasing investment in research and development, and a growing demand for healthcare applications, gaming, and entertainment. Furthermore, there was a growing trend of startups emerging in the Asia Pacific region, focused on developing innovative BCI technologies for various applications. These startups were attracting attention from investors and contributing to the overall growth of the BCI market in the region.

Key players in the market

Some of the key players in Brain Computer Interface market include Natus Medical Inc., NeuroSky, Advanced Brain Monitoring Inc., Cadwell Industries Inc., Medtronic PLC, Emotive Incorporation, NextMind, Brain Products GmbH, Nihon Kohden Corporation, NIRx Medical Technologies, Ripple Neuro, Integra LifeSciences Corporation, Mind Technologies Inc., Covidien, PLC and Compumedics, Ltd.

Key Developments:

In April 2024, Medtronic plc announced the latest advancements in artificial intelligence (AI) for endoscopic care by unveiling ColonPRO(TM), the latest generation software for the GI Genius(TM) intelligent endoscopy system, along with a strategic collaboration designed to enhance patient care.

In January 2024, Medtronic plc announced the U.S. Food and Drug Administration (FDA) approval of its Percept(TM) RC Deep Brain Stimulation (DBS) system. The rechargeable neurostimulator is the latest innovation in the Medtronic Percept(TM) family, which includes the Percept(TM) PC neurostimulator, BrainSense(TM) technology+, and SenSight(TM) directional leads.

Types Covered:

• Invasive
• Non-Invasive
• Partially Invasive
• Other Types

Components Covered:

• Hardware
• Software
• Accessories

Technologies Covered:

• Electroencephalography (EEG)
• Functional Near-Infrared Spectroscopy (FNRIS)
• Electromyography (EMG)
• Electrocorticography (ECoG)
• Other Technologies

Applications Covered:

• Neurorehabilitation
• Disabilities Restoration
• Brain Function Repair
• Communication & Control
• Smart Home Control
• Other Applications

End Users Covered:

• Healthcare
• Aerospace and Defense
• Medical
• Research Institutions
• Gaming
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Brain Computer Interface Market, By Type

• 5.1 Introduction
• 5.2 Invasive
• 5.3 Non-Invasive
• 5.4 Partially Invasive
• 5.5 Other Types

6 Global Brain Computer Interface Market, By Component

• 6.1 Introduction
• 6.2 Hardware
  • 6.2.1 Electrodes
  • 6.2.2 Amplifiers
  • 6.2.3 Sensors
• 6.3 Software
  • 6.3.1 Signal Processing Algorithms
  • 6.3.2 Machine Learning Models
• 6.4 Accessories

7 Global Brain Computer Interface Market, By Technology

• 7.1 Introduction
• 7.2 Electroencephalography (EEG)
• 7.3 Functional Near-Infrared Spectroscopy (FNRIS)
• 7.4 Electromyography (EMG)
• 7.5 Electrocorticography (ECoG)
• 7.6 Other Technologies

8 Global Brain Computer Interface Market, By Application

• 8.1 Introduction
• 8.2 Neurorehabilitation
• 8.3 Disabilities Restoration
• 8.4 Brain Function Repair
• 8.5 Communication & Control
• 8.6 Smart Home Control
• 8.7 Other Applications

9 Global Brain Computer Interface Market, By End User

• 9.1 Introduction
• 9.2 Healthcare
• 9.3 Aerospace and Defense
• 9.4 Medical
• 9.5 Research Institutions
• 9.6 Gaming
• 9.7 Other End Users

10 Global Brain Computer Interface Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Natus Medical Inc.
• 12.2 NeuroSky
• 12.3 Advanced Brain Monitoring Inc.
• 12.4 Cadwell Industries Inc.
• 12.5 Medtronic PLC
• 12.6 Emotive Incorporation
• 12.7 NextMind
• 12.8 Brain Products GmbH
• 12.9 Nihon Kohden Corporation
• 12.10 NIRx Medical Technologies
• 12.11 Ripple Neuro
• 12.12 Integra LifeSciences Corporation
• 12.13 Mind Technologies Inc.
• 12.14 Covidien, PLC
• 12.15 Compumedics, Ltd.