Brain computer interface market to exceed USD 5463.00 million by 2030

The global brain computer interface market size was valued at $1,488.00 million in 2022, and is projected to reach $5,463.00 million by 2030, growing at a CAGR of +13% from 2022 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.

“Global brain computer interface market size, share, trends, by type, by application and region, forecast to 2030” to its product and service offerings. The report provides an in-depth analysis of the global market along with historical and current trends and future estimates by examining the recent developments, gross margins, market evaluation, and production. The report also offers detailed insights on various aspects such as market size, share, drivers, restraints, growth opportunities, and challenges. Moreover, the Brain Computer Interface market report provides precise information about market segmentation, top leading players, and regional analysis including North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.

Competitive landscape:
The global market is extremely competitive and consists of various leading players and entrants operating at global and regional levels. The report sheds light on the precise analysis of each player in the market, their market share, and business strategies to gain a come edge. Some of the key strategies used by key players include mergers and acquisitions, joint ventures, partnerships, and license agreements.

Major market players profiled in the report include:

• Nihon Kohden Corporation
• Mind Solutions
• Advanced Brain Monitoring
• Quantum Applied Science and Research
• Cadwell Laboratories
• OpenBCI
• Cortech Solutions
• NeuroSky
• Emotiv
• Guger Technologies OEG

Global brain computer interface market segmentation:
The global market is segmented on the basis of type, application and region. Growth between market segments can help the user/investor analyze niche market growth points, go-to market strategies, and differentiate between core application areas and target markets.

Brain computer interface market by type:

• Invasive
• Non-invasive
• Partially invasive

Brain computer interface market by application:

• Healthcare
• Communication and control
• Entertainment and gaming
• Smart home control
• Others

Global Market Vision