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Brain Computer Interface (BCI) Market
April 2017
Report Id : REP-GB-2740
Status : Ongoing
Category : Electronics, Semiconductors, and ICT
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Brain Computer Interface (BCI) Market
Growing interest on controlling devices from human brain signal is the key factor contributes growth of
global brain computer interface (BCI) market. Brain-Computer Interface (BCI) is a unidirectional
communication system, which allow control of devices through brain signal. Brain Computer Interface
(BCI) acts as a communication channel between human brain and the computer system. Brain-computer
interface (BCI) is used to transform the human brain intentions into a control signal, utilized in various
applications, including healthcare, entertainment and robotics. For example, communication system with
global brain computer interface (BCI) technology, allows disabled people to interact with the external
environments and communicate with other people without the need for muscular or peripheral neural
activity.
Brain Computer Interface: Market Dynamics
Increasing focus on integrating brain computer interface (BCI) technology into various healthcare
application, continuous focus on developing communication technology for disabled and geriatric
population, and growing interest on integrating brain computer interface (BCI) technology with various
military applications, are the key factors drives the growth of global brain computer interface (BCI)
market.
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Rising focus on utilizing brain computer interface to control internet of things (IoT) devices, smart home
applications and various virtual reality applications, accelerates the growth of the growth of global brain
computer interface (BCI) market.
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Brain Computer Interface (BCI) Market
Additionally, continues technological advancement in bio-sensing, nanotechnology, bio-signal processing
and neuro-imaging techniques, and increasing R&D investments for integrating brain computer interface
(BCI) technology with real-life applications, are the factors expected to fuel the growth of global brain
computer interface (BCI) market.
However, lack of awareness, poor information transfer rate of brain computer interface (BCI), and
technological challenges related to integration of brain computer interface (BCI) technology with other
devices, are the key factors identified as the restraints likely to deter the progression of global brain
computer interface (BCI) market.
Brain Computer Interface: Segmentation
The global brain computer interface (BCI) market can be segmented on the basis of component, type,
technology, application and by region
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On the basis of component, the global brain computer interface (BCI) market can be segmented into
 Hardware
 Software
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Brain Computer Interface (BCI) Market
On the basis of type, the global brain computer interface (BCI) market can be segmented into
 Invasive BCI
 Non-invasive BCI
 Partially Invasive BCI
On the basis of technology, the global brain computer interface (BCI) market can be segmented into
 Electroencephalography (EEG)
 Magneto encephalography (MEG)
 Electrocorticography (ECoG)
 Intracortical Neuron Recording
 Functional Magnetic Resonance Imaging (fMRI)
 Near Infrared Spectroscopy (NIRS)
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Brain Computer Interface (BCI) Market
On the basis of applications, the global brain computer interface (BCI) market can be segmented into
 Medical & Healthcare applications
 Entertainment
 Education & Research
 Defence & Aerospace
 Home Automation
 Other (Robotics…etc.)
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 Regionally, the global brain computer interface (BCI) market is segmented into
 North America
 Latin America
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Brain Computer Interface (BCI) Market
 Western Europe
 Eastern Europe
 Middle East & Africa (MEA)
 Asia Pacific excluding Japan (APEJ)
 Japan
Brain Computer Interface: Regional Outlook
North America brain computer interface (BCI) market is expected to dominate the market, due increasing
investment for developing advanced healthcare solution, and increasing R & D initiatives from
educational sector, and expanding research laboratories focused on brain computer interface (BCI)
development. Asia pacific brain computer interface (BCI) market is identified as the fastest growing
market, due to continuous focus on sensor based technologies and continuous adaptation to advanced
healthcare solution.
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Brain Computer Interface (BCI) Market
Brain Computer Interface: Competition Landscape
Some of the prominent vendors in the global brain computer interface (BCI) market are, Mind
Solutions Inc, EMOTIV Inc., NIHON KOHDEN CORPORATION, ANT Neuro, Advanced Brain Monitoring,
Inc., Cadwell Industries, Inc., NeuroSky, G.TEC MEDICAL ENGINEERING GMBH, Natus Medical
Incorporated, Artinis Medical Systems, OpenBCI, and MindMaze
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