Press release
Global Brain Computer Interface Market – Forecasts from 2018 to 2023
Brain Computer Interface (BCI) is a way to communicate with machines and computers using our brain. It works due to the small electrical charges that conduct information throughout the brain. Some of these charges escape and can be interpreted to direct or control an electronic device. The demand for BCI will increase on account of rising research and development expenditure by neuroscience and biotechnology companies to develop state-of-the-art solutions in order to assist people with abilities. In addition, BCI can also be used in various applications such as introducing new entertainment solutions in the market. However, concerns regarding misuse of private and vital data and ethical issues regarding the use of BCI will restrain the demand for this interface during the next five years.
The report features segmented forecasts by type, end-user industry, and geography. Among the geographical regions, North America will hold a significant share in the market due to high investment in research and development and faster adoption of technology. The Asia-Pacific market will see some exciting growth opportunities due to increasing economic growth and expanding adoption of technological advancements.
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This report studies the market structure, forecast, growth opportunities and segregated market information on the global brain computer interface market.
Forecast segmented by the following type:
Invasive Brain Computer Interface
Partially Brain computer Interface
Non-Invasive Brain computer Interface
Forecast segmented by the following end-user industry:
Healthcare
Entertainment and Gaming
Defense and Aerospace
Educational and Research Institutes
Others
Forecast based on the following geographies:
North America
South America
Europe
Middle East & Africa
Asia-Pacific
Also, the report focuses on the following key players in the global brain computer interface market:
Nihon Kohden Corporation
Advanced Brain Monitoring, Inc
Mind Solutions, Inc
Covidien, Plc
Compumedics Limited
OpenBCI
EMOTIV, Inc
G.tec Medical Engineering GMBH
ANT Neuro
Cadwell Industries, Inc
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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