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Brain-Computer Interfaces: Global Markets 2021-2026

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    Report

  • 108 Pages
  • September 2021
  • Region: Global
  • BCC Research
  • ID: 5441165
UP TO OFF until Aug 31st 2033

The global market for brain-computer interface (BCI) is estimated to grow from $1.9 billion in 2021 to $3.3 billion by 2026, at a compound annual growth rate (CAGR) of 11.5% during the forecast period of 2021-2026.




The global market for BCI in medical applications is estimated to grow from $1.4 billion in 2021 to $2.4 billion by 2026, at a CAGR of 10.9% during the forecast period of 2021-2026.

The global market for BCI in entertainment and gaming applications is estimated to grow from $99.2 million in 2021 to $187.2 million by 2026, at a CAGR of 13.5% during the forecast period of 2021-2026.


Report Scope

This report provides an overview of the global market for BCIs and analyzes market trends. Using 2020 as the base year, the report provides estimated market data for the forecast period 2021 through 2026. Revenue forecasts for this period are segmented based on component, type, technology, application, and geography.


The Report Includes:

  • 26 data tables and 72 additional tables
  • An overview of the global market for brain-computer interface (BCI) technology ecosystem
  • Analyses of the global market trends, with data from 2020, estimates for 2021, 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
  • Estimation of the market size and market forecast for brain-computer interfaces by component, type, application, technology, and geographic region
  • Assessment of the key market dynamics (DROs), R&D activities on BCIs with AI, and impact of COVID-19 on the BCI market
  • Highlights of current and future market potential for BCIs, and review of a regulatory framework, reimbursement scenario, and funding within the technology space
  • Information on new silicon-based chips technologies, technology adoption, ethical issues, and the number of publications related to BCI technology
  • Regional market share analysis of BCIs covering key geographies and applications across major verticals
  • Company profiles of major BCI industry participants, including Advanced Brain Monitoring Inc., ANT Neuro, CGX A Cognionics Co., Emotiv Inc., g.tec medical engineering GmbH, Natus Medical Inc., and NIRx Medical Technologies LLC

Table of Contents

Chapter 1 Introduction


  • Introduction
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Information Sources
  • Methodology
  • Intended Audience
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background


  • Technology Overview
  • Brain Signal Processes
  • Signal Production
  • Signal Detection
  • Signal Processing
  • Signal Output
  • Evolution of BCIs
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Impact of COVID-19 on the BCI Market

Chapter 4 Market Breakdown by Component


  • Introduction
  • Hardware
  • Software

Chapter 5 Market Breakdown by Type


  • Introduction
  • Noninvasive
  • Partially Invasive
  • Invasive

Chapter 6 Market Breakdown by Application


  • Introduction
  • Medical
  • Disabilities Restoration
  • Brain Function Repair
  • Communication and Control
  • Entertainment and Gaming
  • Others

Chapter 7 Market Breakdown by Technology


  • Introduction
  • EEG
  • MEG
  • fMRI
  • fNIRS
  • ECoG
  • Intracortical Neuron Recording

Chapter 8 Market Breakdown by Region


  • Introduction
  • Americas
  • United States
  • Canada
  • Mexico
  • South America
  • Europe
  • United Kingdom
  • Germany
  • The Netherlands
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of APAC
  • Middle East and Africa

Chapter 9 Company Profiles


  • Advanced Brain Monitoring Inc.
  • ANT Neuro
  • Bitbrain Technologies
  • Brain Products Gmbh
  • Cerora Inc.
  • CGX A Cognionics Co.
  • Compumedics Ltd.
  • Cortech Solutions Inc.
  • Emotiv Inc.
  • G.Tec Medical Engineering Gmbh
  • Integra Lifesciences Holdings Corp.
  • Kernel
  • Mindmaze
  • Natus Medical Inc.
  • Neuroelectrics
  • Neurosky Inc.
  • Nextmind
  • Nihon Kohden Corp.
  • Nirx Medical Technologies Llc
  • Ripple Neuro

Chapter 10 Appendix: Acronyms

List of Tables
Summary Table: Global Market for Brain-Computer Interfaces (BCIs), by Application, Through 2026
Table 1: Some of the Research Work on BCIs with AI
Table 2: Common Causes of Dementia and Associated Characteristics
Table 3: Description of Type of Attacks on BCI Technology
Table 4: Factors Impacting BCI Technology Rated from Low to High
Table 5: Global Market for BCIs, by Component, Through 2026
Table 6: Global Market for BCIs, by Type, Through 2026
Table 7: Global Market for Noninvasive BCIs, by Application, Through 2026
Table 8: Global Market for Noninvasive BCIs, by Technology, Through 2026
Table 9: Global Market for Partially Invasive BCIs, by Application, Through 2026
Table 10: Summary of BCI Studies Involving Invasive Procedures
Table 11: Global Market for Invasive BCIs, by Application, Through 2026
Table 12: Global Market for BCIs, by Application, Through 2026
Table 13: Global Market for BCIs in Medical Applications, by Type, Through 2026
Table 14: Examples of Related Studies of BCI Applications for Elderly People
Table 15: Global Market for BCIs in Medical Applications, by Region, Through 2026
Table 16: Global Market for BCIs in Medical Applications, by Type, Through 2026
Table 17: Examples of Popular BCI Communication and Control Applications Being Studied
Table 18: Global Market for BCIs in Communication and Control Applications, by Region, Through 2026
Table 19: Global Market for BCIs in Communication and Control Applications, by Type, Through 2026
Table 20: Global Market for BCIs in Entertainment and Gaming Applications, by Region, Through 2026
Table 21: Global Market for BCIs in Entertainment and Gaming Applications, by Type, Through 2026
Table 22: Global Market for BCIs in Other Applications, by Region, Through 2026
Table 23: Global Market for BCIs in Other Applications, by Type, Through 2026
Table 24: Summary of Signal Acquisition Method by Technology
Table 25: Global Market for BCIs, by Technology, Through 2026
Table 26: Some of the Low-Cost Portable EEG Devices Available in the Market
Table 27: Global Market for BCIs, by Region, Through 2026
Table 28: Americas Market for BCIs, by Application, Through 2026
Table 29: Americas Market for BCIs, by Country, Through 2026
Table 30: DARPA's BCI R&D Investment Programs, 2002–Present
Table 31: BCI Research Groups and Institutions in Canada
Table 32: European Market for BCIs, by Application, Through 2026
Table 33: European Market for BCIs, by Country, Through 2026
Table 34: BCI Research Groups and Institutions in the U.K.
Table 35: BCI Research Groups and Institutions in Germany
Table 36: BCI Research Groups and Institutions in the Netherlands
Table 37: BCI Research Groups and Institutions in Spain
Table 38: BCI Research Groups and Institutions in the Rest of Europe
Table 39: APAC Market for BCIs, by Application, Through 2026
Table 40: APAC Market for BCIs, by Country, Through 2026
Table 41: BCI Research Groups and Institutions in China
Table 42: BCI Research Groups and Institutions in Japan
Table 43: BCI Research Groups and Institutions in South Korea
Table 44: People Suffering from Types of Disabilities in India
Table 45: MEA Market for BCIs, by Application, Through 2026
Table 46: Advanced Brain Monitoring Inc.: Company Snapshot
Table 47: Advanced Brain Monitoring Inc.: Products
Table 48: ANT Neuro: Company Snapshot
Table 49: ANT Neuro: Products
Table 50: ANT Neuro: Recent Developments
Table 51: Bitbrain: Company Snapshot
Table 52: Bitbrain: Products
Table 53: Brain Products GmbH: Company Snapshot
Table 54: Brain Products GmbH: Products
Table 55: Brain Products GmbH: Recent Developments
Table 56: Cerora Inc.: Company Snapshot
Table 57: Cerora Inc.: Products
Table 58: Cognionics: Company Snapshot
Table 59: Cognionics: Products
Table 60: Compumedics Ltd.: Company Snapshot
Table 61: Compumedics Ltd.: Products
Table 62: Cortech Solutions Inc.: Company Snapshot
Table 63: Cortech Solutions Inc.: Products
Table 64: Emotiv Inc.: Company Snapshot
Table 65: Emotiv Inc.: Products
Table 66: Emotiv Inc.: Recent Developments
Table 67: g.tec: Company Snapshot
Table 68: g.tec: Products
Table 69: Integra LifeSciences: Company Snapshot
Table 70: Integra LifeSciences: Products
Table 71: Integra LifeSciences: Recent Developments
Table 72: Kernel: Company Snapshot
Table 73: Kernel: Products
Table 74: Kernel: Recent Developments
Table 75: MindMaze: Company Snapshot
Table 76: MindMaze: Products
Table 77: MindMaze: Recent Developments
Table 78: Natus Medical Inc.: Company Snapshot
Table 79: Natus Medical Inc.: Products
Table 80: Natus Medical Inc.: Recent Developments
Table 81: Neuroelectrics: Company Snapshot
Table 82: Neuroelectrics: Products
Table 83: Neuroelectrics: Recent Developments
Table 84: NeuroSky, Inc.: Company Snapshot
Table 85: NeuroSky, Inc.: Products
Table 86: NextMind: Company Snapshot
Table 87: NextMind: Products
Table 88: NextMind: Recent Developments
Table 89: Nihon Kohden Corp.: Company Snapshot
Table 90: Nihon Kohden Corp.: Products
Table 91: Nihon Kohden Corp.: Recent Developments
Table 92: NIRx: Company Snapshot
Table 93: NIRx: Products
Table 94: Ripple Neuro: Company Snapshot
Table 95: Ripple Neuro: Products
Table 96: Ripple Neuro: Recent Developments
Table 97: Acronyms Used in Global Brain-Computer Interfaces Market

List of Figures
Summary Figure: Global Market for Brain-Computer Interfaces (BCIs), by Application, 2020-2026
Figure 1: Process Flow of a BCI
Figure 2: Timeline of the Developments in the Field of BCI, Since 1924
Figure 3: U.S. Annual Alzheimer's Death Rate, 2010-2019
Figure 4: Funding of Start-Ups Founded After 2010
Figure 5: Number of BCI Publications over the Years, 1979-2020
Figure 6: Ethical Issues Related to BCI Technology
Figure 7: Global Market Shares of BCIs, by Component, 2020
Figure 8: Global Market Shares of BCIs, by Type, 2020
Figure 9: Global Market Shares of Noninvasive BCIs, by Application, 2020
Figure 10: Global Market Shares of Noninvasive BCIs, by Technology, 2020
Figure 11: Global Market Shares of Partially Invasive BCIs, by Application, 2020
Figure 12: Global Market for Partially Invasive BCIs, by Technology, 2020-2026
Figure 13: Global Market Shares of Invasive BCIs, by Application, 2020
Figure 14: Global Market for Invasive BCIs, by Technology, 2020-2026
Figure 15: Global Market Shares of BCIs, by Application, 2020
Figure 16: Global Market Shares of BCIs in Medical Applications, by Type, 2020
Figure 17: Global Market Shares of BCIs in Medical Applications, by Region, 2020
Figure 18: Global Market Shares of BCIs in Medical Applications, by Type, 2020
Figure 19: Global Market Shares of BCIs in Communication and Control Applications, by Region, 2020
Figure 20: Global Market Shares of BCIs in Communication and Control Applications, by Type, 2020
Figure 21: Global Market Shares of BCIs in Entertainment and Gaming Applications, by Region, 2020
Figure 22: Global Market Shares of BCIs in Entertainment and Gaming Applications, by Type, 2020
Figure 23: Global Market Shares of BCIs in Other Applications, by Region, 2020
Figure 24: Global Market Shares of BCIs in Other Applications, by Type, 2020
Figure 25: Global Market Shares of BCIs, by Technology, 2020
Figure 26: Global Market Shares of BCIs, by Region, 2020
Figure 27: Americas Market for BCIs, by Application, 2020
Figure 28: Americas Market Shares of BCIs, by Country, 2020
Figure 29: European Market Shares of BCIs, by Application, 2020
Figure 30: European Market Shares of BCIs, by Country, 2020
Figure 31: APAC Market Shares of BCIs, by Application, 2020
Figure 32: APAC Market Shares of BCIs, by Country, 2020
Figure 33: MEA Market Shares of BCIs, by Application, 2020


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Executive Summary

There are multiple electric signals used by a BCI and these are categorized into field potentials and spike. These signals are used to interpret and communicate with the devices connected to the brain. BCIs use a variety of approaches to assess activity in the brain. Electrodes may be positioned invasively inside or on the top of the brain, or noninvasively on the surface of the head. Electroencephalography (EEG) has been employed in the majority of BCIs. Several BCIs are built on noninvasive enzyme activity measurements, such as functional magnetic resonance imaging (fMRI). Moreover, BCIs, when used in conjunction with several other regenerative technologies, can stimulate cortically controlled muscle movements of paralyzed limbs, as well as sensation, to those who have been paralyzed for a long time.

COVID-19 has slowed the development of BCIs as most medical labs have been dedicated to handling some aspect of the COVID pandemic. Also, scientists and researchers have been diverted to working on treatments for and understanding the virus. Most of the companies involved in BCIs have delayed product launches since the medical device companies that would manufacture BCIs have instead worked on manufacturing equipment used in handling COVID situation. However, some companies have managed to continue with their work by providing online services.

BCIs have shown considerable potential as real-time bidirectional interfaces connecting human brains and actuators. The development of BCIs has been accelerated by AI, which helps to improve the decoding and analysis of activity in the brain. A broad range of BCI applications incorporating AI aid have arisen over the last decade. These “intelligent” BCIs, which include sensory and motor BCIs, have had substantial clinical success, improving the quality of life for paralyzed patients, expanding athletic ability, and hastening the development of robotics and neurophysiological breakthroughs.

BCI technology is in the early stages of its implementation, yet many industries are studying how the technology can be beneficial to them. Automotive manufacturing is one such industry that is working on utilizing the benefits associated with this technology. While most automotive companies are working on autonomous vehicles, Nissan has developed a completely new technology that will allow cars to drive autonomously by reading impulses from the driver’s brain directly.


Companies Mentioned

  • Advanced Brain Monitoring Inc.
  • ANT Neuro
  • Bitbrain Technologies
  • Brain Products Gmbh
  • Cerora Inc.
  • CGX A Cognionics Co.
  • Compumedics Ltd.
  • Cortech Solutions Inc.
  • Emotiv Inc.
  • G.Tec Medical Engineering Gmbh
  • Integra Lifesciences Holdings Corp.
  • Kernel
  • Mindmaze
  • Natus Medical Inc.
  • Neuroelectrics
  • Neurosky Inc.
  • Nextmind
  • Nihon Kohden Corp.
  • Nirx Medical Technologies Llc
  • Ripple Neuro

Table Information