Brain Computer Interface Market

Brain Computer Interface Market Size by Product (Non-invasive, Invasive, Partial invasive), Technology (EEG, MEG, ECoG, fMRI), Application (Disability/Rehabilitation, Assistive technologies, Mental health, Research), End User - Global Forecast to 2029

Report Code: HIT 9020 May, 2024, by marketsandmarkets.com

The size of global brain computer interface market in terms of revenue was estimated to be worth $262 million in 2024 and is poised to reach $506 million by 2029, growing at a CAGR of 14.1% from 2024 to 2029. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market.

The growth of the brain computer interface market is mainly driven by the increasing demand for non-invasive and wearable BCI devices and rising Investments in research and development.

Brain Computer Interface Market

Brain Computer Interface Market

To know about the assumptions considered for the study, Request for Free Sample Report

Brain Computer Interface Market

Brain computer interface industry Dynamics

DRIVER: Growing need to minimize medication errors

The prevalence of various neurological disorders, encompassing stroke, Alzheimer's disease, Parkinson's disease, and amyotrophic lateral sclerosis (ALS). These conditions affect millions of people globally, limiting mobility, communication, and independence. This escalation is primarily linked to the expanding elderly population, with projections indicating that over 20% of the global populace will be above 65 by 2050. Forecasts from the American Medical Association (AMA) suggest that by 2030, approximately 60% of individuals in this age bracket will contend with multiple chronic conditions.

The growing incidence of these neurological disorders underscores the critical need for BCI solutions. BCIs offer a novel approach to address these unmet needs. They can help individuals with neurological disorders regain control of prosthetic limbs, operate assistive technologies, and even communicate through brain signals. As BCI technology advances and clinical applications become more widespread, the market is poised for continued growth in the years to come.

RESTRAINT: High cost of brain computer interface systems

The high initial investment required for acquiring and implementing BCI technology poses a significant barrier to entry for many potential users. This cost factor not only affects individual consumers but also dissuades healthcare facilities, research institutions, and other organizations from adopting BCI solutions on a larger scale. The high cost of BCI systems limits accessibility to BCI technology, particularly for individuals and organizations with budget constraints or limited financial resources.

Moreover, the total cost of ownership for BCI systems extends beyond the initial purchase price and includes expenses related to installation, training, maintenance, and ongoing support. These additional costs further compound the financial burden associated with adopting BCI solutions. As a result, many potential users may hesitate to invest in BCI technology, leading to slower market growth and adoption rates than anticipated.

OPPORTUNITY: Growth opportunities in emerging markets

The burgeoning economies of emerging markets present lucrative prospects for players within the brain computer interface sector, primarily fuelled by the significant rise in demand for advanced healthcare solutions, including BCI systems, to address the growing burden of neurological disorders and disabilities. Notably, nations like Brazil, Russia, India, China, and South Africa have emerged as some of the world's fastest-growing economies, poised to collectively contribute to a third of the global healthcare expenditure by 2022, as per the World Economic Forum.

Emerging markets present an opportunity to develop low-cost and scalable BCI solutions tailored to the specific needs and budgetary constraints of these regions. Moreover, the regulatory landscape in developing nations tends to be less stringent, with lower data requirements. Particularly in the Asia-Pacific region, regulatory policies are perceived as more adaptable and conducive to business, garnering favor among market players. Consequently, the market players are increasingly focusing on expanding their presence and operations in these regions to capitalize on the burgeoning opportunities.

CHALLENGE: Shortage of trained medical professionals

Trained medical personnel are required to operate BCI systems effectively for rehabilitation. The positioning of electrodes on the scalp and the insertion of muscular needles require accuracy and must be performed only by highly-trained personnel. The presence of highly skilled medical personnel and staff is, therefore, vital for the effective use of BCI systems.

Skilled medical personnel are currently in short supply worldwide, with the WHO estimating a shortage of 4.3 million physicians, nurses, and other health professionals. In the US, the Association of American Medical Colleges (AAMC) predicts a shortfall of up to 124,000 physicians by 2034 due to factors like population growth and aging. The Canadian Nurses Association predicted that Canada was expected to lack around 60,000 nurses by 2022. Additionally, there's a global shortage of neurodiagnostic technologists, prompting hospitals to train other allied health professionals. This poses a significant obstacle to the expansion of the global brain-computer interface market.

Brain computer interface industry Ecosystem

The Brain computer interface market ecosystem comprises entities responsible for delivering these solutions to end users.

The ecosystem comprises of manufacturers of brain computer interface solutions, research institutions, investors & venture capital firms, healthcare providers, healthcare professionals, patient and caregivers, and governments and regulatory bodies.

Brain Computer Interface Market Ecosystem

Hardware is the largest component of the brain computer interface industry in 2023, by component.

Based on component, the brain computer interface market is segmented into hardware and software. The hardware segment accounted for the largest share of the brain computer interface market in 2023. Hardware forming the foundational backbone of BCI functionality, providing essential components like EEG headsets, neural implants, and sensors vital for capturing and processing neural signals and significant investments will fuel the demand for BCI hardwares.

The non-invasive brain computer interface segment accounted for the largest share of the brain computer interface industry, by product type.

Based on product type, the brain computer interface market is segmented into non-invasive brain computer interface, partially invasive brain computer interface, and invasive brain computer interface. Among these, non-invasive brain computer interface segment accounted for the largest share of the brain computer interface market in 2023, attributing to the rising prevalence of neurological diseases, and reduced risks associated with surgical implants.

The electroencephalography (EEG) segment accounted for the largest share in the brain computer interface industry , by technology.

Based on technology, the brain computer interface market is segmented into Electroencephalography (EEG), Functional Magnetic Resonance Imaging (fMRI), Magnetoencephalography (MEG), Electrocorticography (ECoG), and Functional Near-Infrared Spectroscopy (fNIRS). The electroencephalography (EEG) segment accounted for the largest share of the market in 2023, attributing to the growing R&D in the field of cerebral and spinal disorders, and significant adoption of EEG among researchers.

North America accounted for the largest share of the brain computer interface industry in 2023.

Brain Computer Interface Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Based on the region, the brain computer interface market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America accounted for the largest share of the brain computer interface market in 2023. This is due to the growing incidence of neurological diseases, an increasing number of clinical trials of BCI solutions, and the rising government initiatives.

Prominent players in brain computer interface market include Advanced Brain Monitoring, Inc. (US), ANT Neuro (Netherlands), Bitbrain (Spain), MindMaze (Switzerland), Cortec GmbH (Germany), Kernel (US), Paradromics (US), BrainCo (US), Blackrock Neurotech (US), g.Tech Medical Engineering GmbH (Austria), Emotiv (US), Neurosky (US), Brain Products GmbH (Germany), CGX (US), Ripple Neuro (US), Neurable (US), InteraXon (US), Open BCI (US), Neurolutions, Inc. (US), BirgerMind (Latvia), Cognixion (US), Artinis Medical Systems (Netherlands), AAVAA Inc. (Canada), Nexstem (India), and Conscious Labs (France).

Scope of the Brain Computer Interface Industry

Report Metric

Details

Market Revenue in 2024

$262 million

Projected Revenue by 2029

$506 million

Revenue Rate

Poised to Grow at a CAGR of 14.1%

Market Driver

Growing need to minimize medication errors

Market Opportunity

Growth opportunities in emerging markets

The study categorizes the Brain computer interface market to forecast revenue and analyze trends in each of the following submarkets:

By Component
  • Hardware
  • Software
By Product Type
  • Non-Invasive Brain Computer Interface
  • Partially Invasive Brain Computer Interface
  • Invasive Brain Computer Interface
By Technology
  • Electroencephalography (EEG)
  • Functional Magnetic Resonance Imaging (fMRI)
  • Magnetoencephalography (MEG)
  • Electrocorticography (ECoG)
  • Functional Near-Infrared Spectroscopy (fNRIs)
By Application
  • Disabilities Restoration/ Rehabilitation
  • Assistive Technologies
  • Other Applications
By End User
  • Hospital & Clinics
  • Rehabilitation Centers
  • Home Care Settings
  • Other End Users
By Region
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION 
    1.1 OBJECTIVES OF THE STUDY 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONAL SEGMENTATION
           1.3.3 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY CONSIDERED 
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
    1.7 RECESSION IMPACT 
 
2 RESEARCH METHODOLOGY 
    2.1 RESEARCH DATA 
    2.2 RESEARCH APPROACH 
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Primary sources
                               2.2.2.1.1 Key data from primary sources
                               2.2.2.1.2 Key industry insights
                               2.2.2.1.3 Breakdown of primaries
    2.3 MARKET SIZE ESTIMATION 
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 
    2.5 ASSUMPTIONS FOR THE STUDY  
    2.6 RISK ASSESSMENT  
    2.7 LIMITATIONS 
           2.7.1 METHEDOLOGY RELATED LIMITATIONS
           2.7.2 SCOPE RELATED LIMITATIONS
    2.8 IMPACT OF RECESSION ON BRAIN COMPUTER INTERFACE MARKET 
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
 
5 MARKET OVERVIEW 
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 MARKET DRIVERS
           5.2.2 MARKET RESTRAINTS
           5.2.3 MARKET OPPORTUNITIES
           5.2.4 MARKET CHALLENGES
    5.3 KEY INDUSTRY TRENDS 
    5.4 TECHNOLOGY ANALYSIS 
           5.4.1 KEY TECHNOLOGIES
                    5.4.1.1 ARTIFICIAL INTELLIGENCE (AI) & MACHINE LEARNING (ML)
                    5.4.1.2 SIGNAL PROCESSING
           5.4.2 COMPLEMENTARY TECHNOLOGIES
                    5.4.2.1 NEUROIMAGING
                    5.4.2.2 WEARABLE TECHNOLOGY
           5.4.3 ADJACENT TECHNOLOGIES
                    5.4.3.1 ROBOTICS & PROSTHETICS
                    5.4.3.2 VIRTUAL REALITY (VR) AND AUGMENTED REALITY (AR)
    5.5 ECOSYSTEM ANALYSIS 
    5.6 VALUE/ SUPPLY CHAIN ANALYSIS 
    5.7 PORTER’S FIVE FORCES ANALYSIS 
           5.7.1 THREAT OF NEW ENTRANTS
           5.7.2 THREAT OF SUBSTITUTES
           5.7.3 BARGAINING POWER OF BUYERS
           5.7.4 BARGAINING POWER OF SUPPLIERS
           5.7.5 INTENSITY OF COMPETITIVE RIVALRY
    5.8 PATENT ANALYSIS 
           5.8.1 PATENT PUBLICATION TRENDS FOR BRAIN COMPUTER INTERFACE 
           5.8.2 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES 
           5.8.3 MAJOR PATENTS
           5.8.4 PATENT FILED
    5.9 REGULATORY LANDSCAPE 
           5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
           5.9.2 REGULATORY ANALYSIS 
                    5.9.2.1 NORTH AMERICA
                    5.9.2.2 EUROPE
                    5.9.2.3 ASIA PACIFIC
                    5.9.2.4 LATIN AMERICA
                    5.9.2.5 MIDDLE EAST AND AFRICA 
    5.10 PRICING ANALYSIS 
           5.10.1 AVERAGE SELLING PRICE TREND, BY REGION
           5.10.2 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE
    5.11 KEY CONFERENCES & EVENTS IN 2024–2025 
    5.12 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
           5.12.2 BUYING CRITERIA 
    5.13 CASE STUDIES 
    5.14 UNMET NEEDS 
           5.14.1 END-USER EXPECTATIONS
    5.15 BUSINESS MODEL ANALYSIS 
    5.16 REIMBURSEMENT SCENARIO ANALYSIS  
    5.17 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES  
    5.18 INVEST & FUNDING SCENARIO  
 
6 BRAIN COMPUTER INTERFACE MARKET, BY COMPONENT (USD MILLION; 2021-2029) 
    6.1 INTRODUCTION  
    6.2 HARDWARE 
    6.3 SOFTWARE 
 
7 BRAIN COMPUTER INTERFACE MARKET, BY PRODUCT TYPE(USD MILLION; 2021-2029) 
    7.1 INTRODUCTION 
    7.2 NON-INVASIVE BRAIN COMPUTER INTERFACE 
    7.3 PARTIALLY INVASIVE BRAIN COMPUTER INTERFACE 
    7.4 INVASIVE BRAIN COMPUTER INTERFACE 
 
8 BRAIN COMPUTER INTERFACE MARKET, BY TECHNOLOGY (USD MILLION; 2021-2029) 
    8.1 INTRODUCTION 
    8.2 ELECTROENCEPHALOGRAPHY (EEG) 
    8.3 FUNCTIONAL MAGNETIC RESONANCE IMAGING (FMRI) 
    8.4 MAGNETOENCEPHALOGRAPHY (MEG) 
    8.5 ELECTROCORTICOGRAPHY (ECOG) 
    8.6 FUNCTIONAL NEAR-INFRARED SPECTROSCOPY (FNIRS) 
 
9 BRAIN COMPUTER INTERFACE MARKET, BY APPLICATION (USD MILLION; 2021-2029) 
    9.1 INTRODUCTION 
    9.2 DISABILITIES RESTORATION/ REHABILITATION 
    9.3 ASSISTIVE TECHNOLOGIES 
    9.4 OTHER APPLICATIONS (MENTAL HEALTH, WELLBEING, NEUROSCIENCE RESEARCH) 
 
10 BRAIN COMPUTER INTERFACE MARKET, BY END USER(USD MILLION; 2021-2029) 
     10.1 INTRODUCTION 
     10.2 HOSPITAL & CLINICS 
     10.3 REHABILITATION CENTERS 
     10.4 HOME CARE SETTINGS 
     10.5 OTHER END USERS (MILITARY ORGANIZATIONS AND ACADEMIC & RESEARCH INSTITUTIONS) 
 
11 BRAIN COMPUTER INTERFACE MARKET, BY REGION (USD MILLION; 2021-2029) 
     11.1 INTRODUCTION 
     11.2 NORTH AMERICA 
             11.2.1 US
             11.2.2 CANADA
             11.2.3 NORTH AMERICA: IMPACT OF ECONOMIC RECESSION
     11.3 EUROPE 
             11.3.1 UK
             11.3.2 GERMANY
             11.3.3 FRANCE
             11.3.4 ITALY
             11.3.5 SPAIN
             11.3.6 REST OF EUROPE
             11.3.7 EUROPE: IMPACT OF ECONOMIC RECESSION
     11.4 ASIA PACIFIC 
             11.4.1 JAPAN
             11.4.2 CHINA
             11.4.3 INDIA
             11.4.4 REST OF ASIA PACIFIC
             11.4.5 ASIA PACIFIC: IMPACT OF ECONOMIC RECESSION
     11.5 LATAM 
             11.5.1 BRAZIL
             11.5.2 MEXICO
             11.5.3 REST OF LATIN AMERICA
             11.5.4 LATIN AMERICA: IMPACT OF ECONOMIC RECESSION
     11.6 MIDDLE EAST AND AFRICA 
             11.6.1 GCC COUNTRIES
             11.6.2 REST OF MIDDLE EAST AND AFRICA 
             11.6.3 MIDDLE EAST & AFRICA: IMPACT OF ECONOMIC RECESSION
 
12 COMPETITIVE LANDSCAPE 
     12.1 OVERVIEW  
     12.2 STRATEGIES ADOPTED BY KEY PLAYERS 
     12.3 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS (2023) 
     12.4 MARKET SHARE ANALYSIS (2023) 
     12.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             12.5.1  STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
             12.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                        12.5.5.1 COMPANY FOOTPRINT
                        12.5.5.2 REGION FOOTPRINT
                        12.5.5.3 TYPE FOOTPRINT
                        12.5.5.4 APPLICATION FOOTPRINT
                        12.5.5.5 COMPONENT FOOTPRINT
     12.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 RESPONSIVE COMAPNIES
             12.6.3 DYNAMIC COMPANIES
             12.6.4 STARTING BLOCKS
             12.6.5 COMPETITIVE BENCHMARKING: STARTUPS/ SMES, 2023 
                        12.6.5.1 DETAILED LIST OF KEY STARTUPS/SMES
                        12.6.5.2 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 
     12.7 VALUATION AND FINANCIAL METRICS OF BRAIN COMPUTER INTERFACE VENDORS 
     12.8 BRAND COMPARATIVE ANALYSIS 
     12.9 COMPETITIVE SCENARIO AND TRENDS 
             12.9.1 BRAIN COMPUTER INTERFACE MARKET: PRODUCT LAUNCHES
             12.9.2 BRAIN COMPUTER INTERFACE MARKET: DEALS
             12.9.3 BRAIN COMPUTER INTERFACE MARKET: OTHER DEVELOPMENTS
 
13 COMPANY PROFILES 
(Business Overview, Products Offered, Recent Developments, MnM View)*
     13.1 KEY PLAYERS 
             13.1.1 ADVANCED BRAIN MONITORING, INC. 
             13.1.2 G.TECH MEDICAL ENGINEERING GMBH
             13.1.3 EMOTIV
             13.1.4 NEUROSKY 
             13.1.5 BRAIN PRODUCTS GMBH
             13.1.6 CGX 
             13.1.7 OPEN BCI
             13.1.8 RIPPLE NEURO 
             13.1.9 NEURABLE
             13.1.10 ARTINIS MEDICAL SYSTEMS
             13.1.11 ANT NEURO 
             13.1.12 BITBRAIN 
             13.1.13 KERNEL
             13.1.14 PARADROMICS 
             13.1.15 BRAINCO 
             13.1.16 MINDMAZE
             13.1.17 COGNIXION
             13.1.18 BLACKROCK NEUROTECH
             13.1.19 CORTEC GMBH
             13.1.20 MUSE
     13.2 OTHER PLAYERS 
             13.2.1 NEUROLUTIONS, INC.
             13.2.2 BIRGER MIND
             13.2.3 AAVAA INC.
             13.2.4 NEXSTEM
             13.2.5 CONSCIOUS LABS
 
14 APPENDIX 
     14.1 INSIGHTS OF INDUSTRY EXPERTS 
     14.2 DISCUSSION GUIDE  
     14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.4 CUSTOMIZATION OPTIONS  
     14.5 RELATED REPORTS  
     14.6 AUTHOR DETAILS  

This market research study involved the extensive use of secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and financial study of the medical robots market. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and to assess market prospects. The size of the brain computer interface market was estimated through various secondary research approaches and triangulated with inputs from primary research to arrive at the final market size.

Secondary Research

The secondary research process involved the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, company house documents, investor presentations, and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the brain computer interface market. It was also used to obtain important information about the key players and market classification and segmentation according to industry trends to the bottom-most level and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

Primary Research

Extensive primary research was conducted after acquiring basic knowledge about the global brain computer interface market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand side (Hospital personnel, department heads, hospital directors, corporate personnel) and supply side (such as C-level and D-level executives, technology experts, software developers, marketing and sales managers, among others) across five major regions—North America, Europe, the Asia Pacific, Latin America, Middle East, and Africa. This primary data was collected through questionnaires, e-mails, online surveys, personal interviews, and telephonic interviews.

Breakdown of Primary Interviews

Brain Computer Interface Market Size, and Share

Note 1: Tiers are defined based on the total revenues of companies. As of 2023, Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = <USD 500 million.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the global brain computer interface market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the global brain computer interface market were identified through secondary research, and their global market shares were determined through primary and secondary research
  • The research methodology included the study of the annual and quarterly financial reports and regulatory filings, data books of major market players, and interviews with industry experts for detailed market insights.
  • All percentage shares, splits, and breakdowns for the global brain computer interface market were determined by using secondary sources and verified through primary sources.
  • All key macro indicators affecting the revenue growth of market segments and subsegments have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get validated and verified quantitative and qualitative data.
  • The gathered market data was consolidated and added with detailed inputs and analysis and presented in this report.

Global Brain Computer Interface Market: Bottom-Up Approach

Brain Computer Interface Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Brain Computer Interface Market: Top-Down Approach

Brain Computer Interface Market Size, and Share

Data Triangulation

After arriving at the overall market size, from the market size estimation process explained above, the brain computer interface market was split into segments and subsegments. To complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the medical robots market.

Market Definition:

Brain-computer interface (BCI) refers to a technology that enables direct communication between the human brain and external devices, such as computers or prosthetic limbs, without the need for traditional input methods like keyboards. BCIs typically utilize various methods to capture the electrical activity generated by the brain utilizing different approaches such as electroencephalography (EEG) magnetoencephalography (MEG), functional near-infrared spectroscopy (fNIRS) or invasive neural implants, to interpret a user's intentions or commands. This allows individuals to interact with technology using only their thoughts or brain activity.

The BCI market encompasses the development, manufacturing, and deployment of these BCI systems and related technologies for various applications.

Key Stakeholders:

  • Manufacturers of brain computer interface solutions
  • Suppliers and distributors of brain computer interface solutions
  • Third-party refurbishers/suppliers
  • Clinical settings
  • Educational institutions
  • Group purchasing organizations (GPOs)
  • Academic research centers and universities
  • Corporate entities
  • Rehabilitation centers
  • Market research & consulting firms
  • Contract manufacturing organizations (CMOs)
  • Venture capitalists & investors

Report Objectives

  • To define, describe, and forecast the brain computer interface market by component, product type, technology, application, end user, and region
  • To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall brain computer interface market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To profile the key players in the market and comprehensively analyze their market shares and core competencies2
  • To forecast the size of the market segments with respect to five main regions: North America, the Asia Pacific, Europe, Latin America, and the Middle East & Africa
  • To track and analyze competitive developments, such as partnerships, product launches & approvals, and expansions
  • To benchmark players within the brain computer interface market using the Competitive Evaluation Matrix, which analyzes market players on various parameters within the broad categories of business strategy, market share, and product offering

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Additional Company Profiling

  • Detailed analysis and profiling of additional market players (up to 5)

Geographic Analysis

  • Further breakdown of the Rest of Europe brain computer interface market into Switzerland, Russia, and others
  • Further breakdown of the Rest of Asia Pacific brain computer interface market into South Korea, Singapore, and others
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization
Report Code
HIT 9020
Published ON
May, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Brain Computer Interface Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback