Report Overview
Brain-computer interface refers to a direct connection between the human or animal brain and an external device to achieve information exchange between the brain and the device. Its workflow includes the collection and acquisition of EEG signals, signal processing, signal output and execution, and finally feedback of signals to the brain. Brain-computer interface was first proposed at the end of the 20th century to help disabled people walk again or control their upper limbs. The technology has been developed to be more applicable to the life and production of normal people.
Brain-computer interface technology can be widely used in a variety of scenarios and combined with a variety of peripherals. There are already widespread cases in the industry that combine brain-computer interface technology with helmets, wheelchairs, exoskeletons, drones, cars, virtual reality headsets and other equipment. The combination of brain-computer interface technology and external equipment has, on the one hand, led to the birth of new products, such as brain-controlled sleep aids, brain-controlled mice, meditation brain state monitoring and other products have been launched; on the other hand, it provides new ideas for traditional solutions, such as the use of neurofeedback or neurostimulation to treat pain, depression, cognitive impairment and other diseases. Judging from the actual application situation around the world, brain-computer interface technology can assist in disease diagnosis, early warning of disease onset and treatment in the medical field, improve cognitive ability and assist in career planning in the education field; assist in monitoring and ensuring the safety of operators in the industrial production field; assist athletes and coaches in improving training effects in the sports field; objectively evaluate user experience and optimize product design in the consumer field; and assist in training and objectively feedback the trainer’s feelings in the aerospace field.
The world’s technologically advanced countries attach great importance to the development of brain-computer interfaces and provide long-term project establishment and financial support. In 2013, the United States launched the “Brain Research Program to Advance Innovative Neurotechnologies” (abbreviated as the “Brain Project”). In 2021, the project announced a map of the characteristics of mammalian primary motor cortex cell types drawn at the molecular level, which is the most comprehensive and detailed map of the mammalian brain to date. After the 2013 Brain Project, the United States continued to invest in brain-computer interface research. Government departments such as the National Institutes of Health (NIH), the National Science Foundation (NSF), and the Defense Advanced Research Projects Agency (DARPA) have funded many universities and companies to start brain-computer interface-related research, leading the world in the number of scientific research projects and the total amount of funding. In 2013, the European Union launched the 10-year Human Brain Project (HBP), investing nearly 607 million euros. By 2023, 155 research institutions in 19 countries will participate in the project, and breakthroughs have been made in human brain mapping, epilepsy and Parkinson’s treatment. In 2014, Japan launched the 10-year “Brain Mapping Using Integrated Neurotechnology for Disease Research” program, and in 2018, it mapped a 3D map of the marmoset brain. South Korea, Canada, and Australia have also launched similar funding programs.
This report provides a deep insight into the global Brain Machine Interfaces market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Brain Machine Interfaces Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Brain Machine Interfaces market in any manner.
Global Brain Machine Interfaces Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Neuralink Corporation
Blackrock Neurotech
Synchron
BrainGate
MindMaze SA
Kernel
Emotiv Inc.
NeuroPace
Paradromics Inc.
Neurable
NIRx Medical Technologies
NextMind (Snap Inc.)
NeuroSky Inc.
Dreem
Neuros Medical
Thync
Flow Neuroscience
Precision Neuroscience
Stairmed Technology
BrainCo, Inc.
NeuroXess
BrainUp Technology Co., Ltd.
BroadRecon Medical Technology (Shanghai) Co., Ltd.
MicroMind Medical Technology Co., Ltd.
RouLing Technology Co., Ltd.
Aipeng Medical Technology Co., Ltd.
Kedou Brain-Computer Technology Co., Ltd.
Sanbo Brain Hospital Management Group Co., Ltd.
ChengyiTong Technology Co., Ltd.
Market Segmentation (by Type)
Invasive
Non-Invasive
Market Segmentation (by Application)
Healthcare
Smart Home Control
Communication
Entertainment
Gaming
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Brain Machine Interfaces Market
Overview of the regional outlook of the Brain Machine Interfaces Market:
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Brain Machine Interfaces Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Brain Machine Interfaces, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.