Los Angeles, CA -- (SBWIRE) -- 12/21/2018 -- This study focuses on the production side and consumption side of Brain Computer Interface, presents the global Brain Computer Interface market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Brain Computer Interface capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Brain Computer Interface by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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A brain computer interface (BCI) is a revolutionary system that facilitates a direct communication pathway between a functional brain and peripheral electronic devices that are used to calibrate the movement in physically challenged individuals. A brain computer interface system records the brain signal from the surface of the cortex, through signaling devices implanted within the brain or from the sensors placed over the scalp.
These signals are then transmitted to the connected peripheral device that enables the operator to perform numerous tasks. With the help of a brain computer interface system, the paralyzed and handicapped individuals can overcome their physical challenges and perform various day-to-day tasks. The primary function of a brain computer interface device is to intercept the electrical signals that pass between the neurons and transmit them to an external device. Brain computer interface (BCI) is also referred to as a brain machine interface (BMI), direct neural interface (DNI), or mind machine interface (MMI).
Numerous technological developments in the field of computation, human sensing, along with the application of brain computer interface technology for entertainment, gaming, communication, and control, are some of the major factors that drive the growth of the brain computer interface market size. Intensive research carried out to develop a cure for paralyzing brain disorders and injuries is likely to boost the brain computer interface market. However, the ethical problem faced during the research, i.e. use of brain computer interface on patients whose informed consent cannot be obtained, can act as a restraint for the brain computer interface industry.
The Brain Computer Interface market was valued at 980 Million US$ in 2017 and is projected to reach 2310 Million US$ by 2025, at a CAGR of 11.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Brain Computer Interface.
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This report includes the following manufacturers; we can also add the other companies as you want.
Nihon Kohden Corporation
Mind Solutions Inc.
Advanced Brain Monitoring, Inc.
Quantum Applied Science and Research, Inc.
Cadwell Laboratories Inc.
OpenBCI
Cortech Solutions, Inc.
NeuroSky, Inc.
Emotiv, Inc.
Guger Technologies OEG
Market Segment by Product Type
Invasive
Non-invasive
Partially invasive
Market Segment by Application
Healthcare
Communication and control
Entertainment and gaming
Smart home control
Others
Key Regions split in this report: North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Central & South America, Brazil, Rest of Central & South America, Middle East & Africa,
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The study objectives are:
To analyze and research the global Brain Computer Interface status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Brain Computer Interface manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Brain Computer Interface are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025