openPR Logo
Press release

Brain Computer Interface Market Growth, Size, Share, Industry Report and Forecast 2018-2023

01-13-2021 08:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Brain Computer Interface Market Growth, Size, Share, Industry

A Brain computer interface market (BCI) is a device which enables in creating an interface between brain and electronic devices such as computers or (IoT) devices. BCI basically creates a pathway between the brain and the object to be controlled. It uses electrodes and sensors to detect electronic signal in the brain which sent by computers to direct some external activity such as computer of a prosthetic limb. Global BCI market is expected to witness a significant growth rate at a CAGR of 22.8% during forecasted period (2018-2023). Factors motivating the growth of this market is increasing uses of sensor technology in emerging region such as APAC.

Request a Free Sample of our Brain Computer Interface Market: https://www.omrglobal.com/request-sample/bci-brain-computer-interface-market

Lack of awareness and High cost of BCI may have an adverse effect on the growth of this market. However, the wide application of BCI technologies in gaming enterprise and government funding for research in developed economies are the major driving factors for the growth of this market. Currently, the roles and applications of BCI in the healthcare services which helps in calibrating the movement in a physically challenged individual have provided new opportunities to this market.
Geographically BCI market is divided into North America, Europe, Asia Pacific and Rest of the World. North America region represents considerably a larger market for BCI in terms of its uses and revenue generation. Increase in rate of diagnosis of paralyzed brain disorder and physically challenged individuals in developed economies are the major factor for the growth of BCI market. Developing nations that are experiencing impressive growth in their economy over the past few years such as India, China, Brazil, Mexico and South Africa have a great potential for BCI market. Application of electroencephalography technique in the diagnosis of sleep disorder is one of the driving factors in emerging nations. Europe is expected to have a lucrative growth in this market. The extensive government funding in the field of R&D, to protect public health have strengthened the EU for BCI market. The major countries that will contribute to the market are UK, Germany, Spain, France, Italy.

A full Report of Brain Computer Interface Market is Available
at: https://www.omrglobal.com/industry-reports/bci-brain-computer-interface-market

Brain Computer Interface MARKET SEGMENTATION
BY COMPONENTS
• HARDWARE
• SOFTWARE
BY TYPE
• INVASIVE (BCI)
• PARTIALLY INVASIVE (BCI)
• NON-INVASIVE (BCI)

BY APPLICATION

• MEDICAL
• SMART HOME CONTROL
• GAMING & VIRTUAL REALITY
• COMMUNICATION AND CONTROL
BY TECHNOLOGY
• ELECTRO-ENCEPHALOGRAPHY (EEG)
• MAGNETO- ENCEPHALOGRAPHY (MEG)
• ELECTROCORTICOGRAPHY (ECOG)
• FUNCTIONAL MAGNETIC RESONANCE IMAGING (FMRI)
• NEAR INFRARED SPECTROSCOPY
• INTRACORTICAL NEURO RECORDING
BY END USER

• HEALTHCARE
• EDUCATIONAL & RESEARCH
• DEFENCE & AEROSPACE

COMPETITIVE LANDSCAPE

• KEY STRATEGIES
• KEY COMPANY ANALYSIS
REGIONAL ANALYSIS

• NORTH AMERICA
• UNITED STATES
• CANADA
• EUROPE
• UK
• GERMANY
• SPAIN
• FRANCE
• ITALY
• REST OF EUROPE
• APAC
• INDIA
• CHINA
• JAPAN
• REST OF APAC
• REST OF THE WORLD

COMPANY PROFILES
• 4DFORCE
• ARIMAC LANKA
• BRAIN CO
• BRAINROBOTICS
• CEREVE
• INTERAXON
• KERNEL CO
• MINDMAZE
• MULTINEURONS
• NEURABLE
• NEUROLUTIONS
• NEUROLUTIONS, INC
• NEUROPACE
• NEUROSKY
• RHYTHM
• SOSO H&C CO., LTD.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bci-brain-computer-interface-market

For More Information, Visit Orion Market Research
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Brain Computer Interface Market Growth, Size, Share, Industry Report and Forecast 2018-2023 here

News-ID: 2224316 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for BCI

Non-Invasive BCI Market 2022 | Detailed Report
The Non-Invasive BCI research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market's key players. Furthermore, the report offers insightful market data and information about the Non-Invasive BCI
BCI and EEG Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the BCI and EEG market analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “BCI and EEG Market 2020-2025” Research Report categorizes the global BCI and EEG market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players
Non-Invasive BCI Market: Competitive Dynamics & Global Outlook 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Non-Invasive BCI industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Non-Invasive BCI and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). GLOBAL INFO RESEARCH has lately published a new report titled, *Global Non-Invasive BCI Market 2020 by Company, Regions, Type and Application, Forecast to 2025*. The researchers have
Brain Computer Interface Market (By Type - Invasive BCI, Partially Invasive BCI, …
A brain computer interface (BCI) device provides collaboration between the brain and an external device by interpreting electrical signals received from the brain. The global BCI market is segmented on the basis of type, technology, application, and geography. The type segmentation comprises invasive, partially invasive, and noninvasive BCI devices. Invasive BCI devices have electrodes or plates that penetrate the skull and touch the gray matter of the brain. Partially invasive
Strongsville, Ohio wins BCI Burke Voltage playground contest
FOND DU LAC, Wis. (August 22, 2011) – A new playground will be installed later this year in conjunction with grand prize contest announcement by BCI Burke recently. The City of Strongsville, OH, was the lucky winner of the contest held by the playground manufacturer, with corporate headquarters in Fond du Lac, WI. “I was amazed when I received the call that we won the playground. All of our
BPO CERTIFICATION INSTITUTE (BCI) ENTERS CHINA
Close on the heels of launching its widest-spectrum BPO credentialing and certification services in India, the BPO Certification Institute Inc (BCI) is now all set to enter CHINA. It has just signed an exclusive CTP Partnership Agreement with the Qingdao-based technology training major WNR Technologies. BCI, as a standards body for global BPOs, aims at playing a key role in the development of a worldclass talent-base for the rapidly growing